New York Gov. Andrew Cuomo said he plans to sign an executive order that would allow the state government to take personal protective equipment and ventilators from hospitals with less need and redeploy them to areas harder hit by the coronavirus outbreak.
The governor said he has spoken with hospital administrators and understands the reluctance to give up essential equipment, but that he wants to avoid a situation where COVID-19 patients are dying in one part of the state while ventilators sit unused in another part of the state.
"The theory is that if the government gets them, they will never get them back. I understand that, but I don't have an option," Cuomo said.
The move marks an expansion of a broader effort to coordinate the state's patchwork of regional health systems and public and private hospitals. The state is surveying hospitals nightly to determine case-loads, personnel needs, and inventories of needed medical supplies.
"Those institutions will either get their ventilator back or they will be reimbursed and paid for their ventilator so they can buy a new ventilator," the governor said. "I can't do anything more than that."
Several hundred ventilators could be shifted from upstate to downstate New York, according to Cuomo, though the exact amount remains to be determined. He said he's banking on hospitals' goodwill and pushed back against the use of the word "seize" in describing the policy.
"First of all, don't use the word seize," he said. "That's a harsh kind of word. It's sharing of resources. We're not going to have any part of the state not have the resources we need because we didn't share resources."
Cuomo also announced that the 2,500-bed emergency field hospital at the Javits Center in Manhattan will transition into treating COVID-19 patients. It was formerly intended as an overflow hospital for non-COVID cases, but there hasn't been enough demand for those cases.
"As it turned out, we don't have non-COVID people to any great extent in the hospitals," he said. "Hospitals have now turned into, effectively, ICU hospitals for COVID patients."
He said that the general shutdown of the state economy has led to a downturn in other types of medical needs, due to a drop in automobile-related injuries, violent crimes, and other incidents.
The latest numbers on the outbreak include 102,836 total cases, 14,810 hospitalizations, and more than 2,900 deaths, up from 2,300 deaths, which Cuomo called the "highest single increase in the number of deaths since we started."
Russia has defaulted on some of its foreign debt as a tidal wave of western sanctions threatens its economy. The credit ratings agency S&P has placed Russia under "selective default" after it tried to pay its latest obligations in rubles. Russia now has a 30-day grace period to resolve the issue, but Moscow is threatening to take legal action. George Seay, Annandale Capital's CEO, joined Cheddar to break down what this means, and how Russia defaulting on its debt might impact the global economy.
China's zero-covid policy may pose a wide-ranging threat to the local, and overseas economy. Analysts voicing concern on the strict lockdown in Shanghai as businesses and ports remain shuttered, potentially threatening the global supply chain. Shehzad H. Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
The consumer price index in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate. The rise in prices is driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar's Opening Bell to give her reaction to the latest inflation numbers.
As China faces backlash from its response to Russia's invasion of Ukraine, the U.S. is strengthening its relationship with India. India is expected to become one of the top three economic powers in the world over the next 10 to 15 years, bolstered by technological advances and the manufacturing sector. Samir Kapadia, CEO and Principal of The Vogel Group, joined Cheddar to discuss the state of India's economy, and how it can only grow from here.
With the midterms just a few months away, record-setting inflation is weighing on the minds of voters. According to a recent CNN poll, a majority of voters said the state of the economy will play a key role in how they cast their ballot, and 55% said the same of inflation. Joseph Zeballos-Roig, Economic Policy Reporter for Insider, joined Cheddar to discuss how inflation could shape the 2022 midterms, and ultimately determine the balance of power in Congress.
The Brooklyn subway attack is the latest in a string of high-profile crimes that have plagued New York City. The surge in crime comes as cities across the country are trying to recover from the pandemic and bring life back to a sense of normal. Joseph Giacalone, professor at John Jay College and retired NYPD sergeant, joined Cheddar's Opening Bell to explain what's behind the rise in crime, and what can be done about it.
After failing to take control of northern and western Ukraine, Russia is shifting its focus to the east. As both sides continue to pour reinforcements into the region, officials are expecting more conventional combat involving tanks, artillery, and aircraft that could shape the war's biggest battles yet. Doug Collins, a former Georgia congressman, joined Cheddar to discuss the change in Russia's tactics.
Catching you up on what you need to know on Apr 14, 2022, with the U.S. sending $800M to Ukraine, updates on the subway shooting in Brooklyn, Gov. Abbott putting a pause on his southern border truck inspections, migrants being bused from Texas to Washington, DC, the travel mask mandate extending until May 3, and more.
This March 19, 2018, file photo shows the Yelp app on an iPad in Baltimore. Yelp reports financial results Thursday, Nov. 7, 2019. The online review service will cover the travel expenses of employees who have to travel out of state for abortions, joining the ranks of major employers trying to help workers affected by restrictions being placed on the procedure in Texas and other states. The benefit announced Tuesday, April 12, 2022 covers Yelp's entire workforce of 4,000 employees, but seems most likely to have its biggest immediate impact on its 200 workers in Texas, which has passed a law banning abortions within the state after six weeks of pregnancy. (AP Photo/Patrick Semansky, File)
