Monthly Archives: May 2020

The secret behind the Duchess of Sussexs polished Zoom beauty look – Telegraph.co.uk

Posted: May 4, 2020 at 3:50 am

In an exclusive video shared with The Telegraph today, the Duchess of Sussex delivered coaching advice to a young British womaninterviewing for an internship. Its part of Meghans role as a patron for the charity Smart Works, who are delivering virtual employmentcoaching sessions for womenduring the coronavirus crisis.

Much besides the advice shes giving, Meghan seems to have mastered the art of Zoom groom, wearing a simple v-neck jumper and make-up that looks polished without being too overdone.

Like all of us right now, Meghan hasnot been able to see her hairdresser while in lockdown. This might be why shes sporting two braids on either side of her hairline, that look extremely youthful - but that aside,her make-up is particularly well done.

Meghan has nailed the perfect Zoom make-up look, says celebrity make-up artist Ruby Hammer, who has done Meghans make-up a few times before. (The first time was for one of Meghans first dates with Prince Harry.) Here she shares with us how she thinks Meghan did her pre-video make-up, and the simple tricks to mastering make-up for the camera.

Her face looks glowy and stress-free, says Hammer. It definitely looks like shes done her own make-up, as youd expect right now, but she knows what works for her. Hammer suggests using a combination of tinted moisturiser with a heavier concealer under the eyes. Rubys favourite base for a light glow is the Radiant Tinted Moisturiser by Nars, 31 - and her one golden rule is to make sure you take some of the product down to your neck, especially for video.

As for concealer, Hammer likes the new Stila concealer, fittingly called the Pixel Perfect Concealer, 18. Her skin finish looks similar to how she had her make-up on her wedding day, says Ruby. Its light enough so you can see her freckles, but its not too made-up. Meghan has beautiful skin because shes so clean living, and that means she doesnt tend to need much concealer or base.

Read more here:

The secret behind the Duchess of Sussexs polished Zoom beauty look - Telegraph.co.uk

Posted in Golden Rule | Comments Off on The secret behind the Duchess of Sussexs polished Zoom beauty look – Telegraph.co.uk

In reopening Ohio, what about those at highest risk of dying from the coronavirus? – cleveland.com

Posted: at 3:50 am

On Monday, Gov. Mike DeWine revealed the states layered economic reopening plan, starting this week with hospitals and dental offices, continuing Monday with factories and offices, and moving on May 12 to many of the retail and service firms currently deemed nonessential. But some business categories will remain closed for now, including salons and barber shops, restaurants and bars. Many are small businesses at risk of never reopening but that may have the most trouble maintaining social distance.

The plan DeWine originally announced included mandated masks at reopened businesses. On Tuesday, he appeared to back off that. On Wednesday, the state clarified that face coverings would be required at reopened businesses with certain exceptions, but that customer masks would not be mandated.

The plan as yet has no provision for child care. And, asked about employees with underlying conditions that could make them vulnerable to lethal COVID-19 infection, DeWine said he hoped employers would provide the needed accommodations.

Yet those suffering from ailments that render some especially at risk -- including asthma, diabetes, chronic lung disease, severe obesity, serious heart disease, kidney disease or being immunocompromised -- may include a sizable number of Ohio workers.

if these employees fear that going back to work will expose them to COVID-19 from which they could die, and their employer isnt accommodating, they appear to have little recourse but to comply with the bosss orders, be fired, sue or quit. In court, theyd likely have to prove that their employers put them in danger knowingly and that they had no recourse but to refuse to work in those conditions.

Does that sound wrong? To many, it will. But could it be equally wrong to carve out a health- or age-related exception for such employees, putting them in a different category and requiring different treatment by their employer?

So, did Ohio choose aright in leaving it up to employers -- and employees -- to choose? Should any special accommodations be made for the highest-risk among us? Or, if none, will it forever be a taint on our generation that we left the most vulnerable to suffer the consequences, up to and including death, so that the rest of us could get back to work?

Our editorial board roundtable weighs the goods and bads.

Jarvis DeBerry, cleveland.com columnist:

When businesses reopen, some folks with pre-existing conditions might be forced to choose between employment and a higher risk for illness. While some employers might be inclined to be understanding, employees shouldnt be put in a position to have to prove their vulnerability. If reopening now is too dangerous for the most vulnerable, then its too dangerous, period.

Thomas Suddes, editorial writer:

Fairness is an ideal we should, and mostly do, all strive for. But there are circumstances when an ideal must yield to practicalities. This is one of those circumstances -- remembering, always, to apply the Golden Rule whenever possible.

Ted Diadiun, cleveland.com columnist:

Theres no point in dancing around the edges here: As government tries to manage the reopening, whether quickly or cautiously, there will be a significant cost in human life. This has all been about slowing the infection rate not preventing it. Most of us will eventually get infected. So, line up, lawyers: Your times coming.

Lisa Garvin, editorial board member:

Without widespread public testing, any plan to reopen the economy will be a crapshoot. While I applaud Gov. DeWines measured approach, making masks voluntary is a serious misstep. Yes, people need to get back to work, but If were going to be serious about a sustained economic recovery, workers need protection from the public.

Victor Ruiz, editorial board member:

This is certainly a difficult situation, and while I believe that most employers will do right by their employees, we cannot assume that all will. With that said, the government does bear a significant share of the responsibility to ensure that all citizens are safe, and that employers can easily meet all of the requirements.

Eric Foster, editorial board member:

Child care has to be prioritized. DeWine understood that when he allowed for temporary licenses to serve essential workers. Opening up businesses has to correspond with opening up child care providers, as well. As far as high-risk employees, employment lawyers have suggested there exists some legal protection if they chose not to work due to coronavirus concerns.

Mary Cay Doherty, editorial board member:

Existing laws protect all employees. Ohio has mandated coronavirus safety protocols. The U.S. Equal Employment Opportunity Commission includes coronavirus concerns in its Americans with Disabilities Act guidelines. And unemployment or Social Security Disability could be temporarily modified for workers who cannot perform the essential functions of their jobs. Although the coronavirus is novel, health issues in the workplace are not.

Elizabeth Sullivan, director of opinion, cleveland.com:

Short of ordering employers to make accommodations that might not be feasible or economical, Ohio could have done more for high-risk workers -- for instance, setting up a hotline; mediation on a voluntary basis; or highlighting employers potential legal liability when at-risk workers must interact with customers not required to wear masks.

Have something to say about this topic?

* Send a letter to the editor, which will be considered for print publication.

* Email general questions about our editorial board or comments or corrections on this editorial board roundtable to Elizabeth Sullivan, director of opinion, at esullivan@cleveland.com.

View original post here:

In reopening Ohio, what about those at highest risk of dying from the coronavirus? - cleveland.com

Posted in Golden Rule | Comments Off on In reopening Ohio, what about those at highest risk of dying from the coronavirus? – cleveland.com

Sponsored crisis management focus: A View From Cyprus Carrying on in the face of the Covid-19 crisis in Cyprus – Legal Business

Posted: at 3:50 am

Stavros Pavlou | Senior & Managing PartnerStella Strati | Partner-Corporate, Tax, Private Client

The Covid-19 crisis is first and foremost a humanitarian crisis and one that raises fears for the health of ourselves, our loved ones, our families, our co-workers and friends. The cohesion of society itself is at risk and the survival of vulnerable people and businesses threatened. Institutions such as the health services, governmental authorities, banks, even organised religion are all tested and many are found seriously wanting.

Among all these cataclysmic events, everyone has to make decisions and plan their future on the basis of conflicting information and a plethora of advice that covers from the most scientific to the utter lunacy of conspiracy theories and societal and religious dogma. Like in all crises, the fittest will survive and the weakest will perish and we all want to be among the survivors. Which begs the question as to what determines who are the fittest in business, and more particularly for the purposes of this article, which law firms will survive the crisis and be there when the dust settles and the rebuilding starts.

The legal profession has entered into an unprecedented challenging period where old habits and norms have to be questioned.

In Cyprus the measures of government most likely to affect Cyprus law firms are the partial lockdown of public authorities, restriction of movement, travel bans and the closure of Cyprus courts.

Basic challenges for the legal profession are created by the delays due to the partial lockdown of governmental departments. These vary from the delay in incorporating companies, to the difficulty in obtaining certificates from the Registrar of Companies, as well as obtaining certified and apostilled documents. Simple daily tasks are becoming problematic to perform and can actually delay the closing of transactions, the issue of legal opinions and the provision of basic legal advice and assistance. Moreover, the lack, or limited availability, of digital channels, which could potentially expedite matters, is highlighted.

Furthermore, the traditional model of conducting face to face meetings and discussions (at least on the local level) is challenged. Meetings that were usually necessary for negotiations or the implementation of work-related issues have either been postponed or switched to the virtual level. Therefore, law firms are not only forced to take drastic measures to implement remote working arrangements for their lawyers, but also to facilitate their clients utilising digital means.

In addition, the closure of Courts (apart from the handling of exceptionally urgent cases) and the suspension of the majority of cases have also led to a pause of litigation work for many lawyers. This creates an additional challenge, as apart from all matters that have been suspended the initiation of new court work is near to impossible, as long as courts remain closed. Also, the fact that Court Registrars have also suspended the majority of the work they usually perform has resulted in the interruption of other standard procedures as well, including affidavits. The absence of an e-justice system should be placed in the spotlight once more; if digital channels were available in the court system, the effects of the closure of Courts would have been somewhat mitigated.

1. The golden rule of crisis management as we found out in the previous financial crises of 2008 and more recently 2013, with the Banking Crisis in Cyprus, is to accept the new state of factors that cannot be changed and adapt. Back when I was about to join the army my then mentor told me that one measure of intelligence is adaptability. This insight allowed me to stop treating conscription as a hardship and deal with it as a challenge and an opportunity.

In the context of the present crisis the first rule of survival is to truthfully x-ray the law firm and carry out a SWOT analysis of the strengths, weaknesses, opportunities and threats you are faced with. The correct identification of each is the key to mapping out your strategy to survive.

2. Strengthen the team. These are seriously challenging times when each member of the firm will feel insecure and threatened. They will not know what to expect and whether they will still have a job coming out of the crisis or whether they will still be able to have enough earnings to meet their obligations. The worst guide is panic. We must:

a. Remain calm and not rush into decisions on inadequate information. Laying off people and lowering wages in a first knee-jerk reaction will result in a weakened and demoralised team that will not be fighting for the firm when required and will be looking elsewhere when the time allows.

b. Be inclusive. Not all persons in the firm will be on the same page and interaction and transparency are required to make sure all understand the situation and the challenges ahead. If any painful decisions will have to be made later down the road they will be more easily embraced if the process has involved consultation with all stakeholders.

c. Fight for the team so that the team will be ready to fight for us. There is no direct increase of profits by letting our best talent feel unappreciated by a reduction of their wages or a scheme of redundancy that sheds vital resources.

d. Be flexible. We have learned that distance work is possible. Let us incorporate it in our normal operations. It can be more efficient and in the times ahead when social distancing will continue to be required, it will help decongest the workplace.

3. Manage Cash flow. This is an opportunity to ensure that any lax practices of the past remain in the past. A proper cash flow management will allow the firm to survive mounting expenses by prompt collection of invoices and proper case management.

4. Handle Client Expectations. The clients know we are facing challenges. We must own up to them and ensure that the clients are served to the best of the firms ability and not cut corners in an effort to be quick when the surrounding circumstances do not allow us to do so.

5. Become more Digital. Investing in technology to allow distant work and putting pressure on the Courts and the government to introduce technology that will bring Cyprus into the 21st century can only result in greater efficiency and lower costs.

6. Invest in new services. A whole range of new types of services and claims will arise as businesses and the economy in general try to overcome the crisis. We must invest in educating our team and thinking creatively how to best serve the new needs of our market and enter the new markets created.

We all know that the system of administration of justice in Cyprus has collapsed. Trials at first instance happen several years after the filing of actions and appeals take such a long time that often their result is irrelevant. If justice delayed is justice denied then the delays are such that we cannot talk about the proper administration of justice in such circumstances. The long-awaited judicial reform is in its final stages but there will be further delays as a result of the present crisis. Litigation of large claims is now a strategic game of vying for an initial advantage in preliminary matters that will allow the party who gains the upper hand to negotiate a good deal rather than wait for a final adjudication.

1. What the crisis has shown is that we have to rush to embrace e-justice. We cannot afford not to have digital filing of Court documents and virtual justice. We cannot continue to talk about physical files that every now and then may be misplaced or about interim applications where a wheelbarrow may need to be used to carry the thousands of pages of affidavits and documents that need to be filed, authenticated and served. It is unthinkable that we need to fix stamps on documents for filing as proof of payment of the required fees at an age when contactless payment is the norm.

2. The present crisis can further benefit us by making it clear that the workload facing the administration of justice cannot be handled solely by the traditional means of dispute resolution. Investing in modernising ADR in Cyprus is a priority. The absence of mediation and arbitration is a contributing factor in the unmanageable workload of the Courts. We must modernise the law and encourage parties to seek resolution of their disputes outside the Court system, with the Courts offering support only where absolutely necessary.

3. We have to complete the judicial reform and bring in the new modern Civil Procedure Rules the soonest possible. These developments will go a long way to help us face the challenges ahead.

We have faced Covid-19 in an exemplary manner so far in Cyprus. Being an island allowed us to face the onslaught later and we have learned from the mistakes of other countries. We have to now face the challenges ahead with the same effectiveness. We must now embrace what in other countries is already the norm in administering justice.

In the challenging times ahead when personal freedoms and personal and commercial well being will be at risk we need to be able to rely on a robust effective system of administration of justice to protect our rights and freedoms.

Partikios Pavlou & Associates LLC | April 2020

http://www.pavlaw.com

Stavros Pavlou, Senior & Managing Partner

spavlou@pavlaw.com

http://www.pavlaw.com/team/stavros-pavlou/

Stella Strati, Partner Corporate, Tax, Private Client

stella.strati@pavlaw.com

http://www.pavlaw.com/team/stella-strati/

Read the original:

Sponsored crisis management focus: A View From Cyprus Carrying on in the face of the Covid-19 crisis in Cyprus - Legal Business

Posted in Golden Rule | Comments Off on Sponsored crisis management focus: A View From Cyprus Carrying on in the face of the Covid-19 crisis in Cyprus – Legal Business

National Nurses Week 2020: What Experiences Have Shaped Your Nursing Career? – HealthLeaders Media

Posted: at 3:50 am

2020 is designated as the Year of the Nurse and of the Midwife by the World Health Organization. Unfortunately, it's also been the year of the coronavirus pandemic. And so, as it came time for me to write my annual article to commemorate National Nurses Week, I felt a little strange. I admit, I have always been a bit of a Nurses Week curmudgeon. The 'I Heart Nurses' coffee mugs and trinkets always seemed a little superficial and too light and fluffy to celebrate the truly spectacular things nurses do each and every day. This year, with nurses on the frontlines of the battle against COVID-19, it seems inappropriate to casually salute nurses with a Happy Nurses Week!

However, as I thought about it, though the Year of the Nurse and of the Midwife and Nurses Week 2020 are taking place during a more somber than expected time, this year really has shown the public nurses' capabilities.

For the past 18 years, the public has ranked nurses as the No. 1 profession when it comes to honesty and ethics in Gallup's annual poll, so nurses have held the public's respect for almost two decades. But this year, nurses have gone above and beyond what the public imagines they do. They have had to change the way they function on a daily basis.

"As a bedside ICU nurse, when you add personal protective equipment [PPE], your whole routine changes. It's hot. It's hard to talk. Your glasses fog up when you have a mask on. You're motioning to others outside the room in a kind of horrible game of charades [to get] what you need. You have to cluster your care. You worry about every step you take and everything you touch inside and outside the room, and you wash your hands till they're raw," Megan Brunson, RN, MSN, CCRN-CSC, CNL, American Association of Critical-Care Nurses' president and night shift supervisor for the cardiovascular ICU at Medical City Dallas, told me during a recent interview.

In some cases, nurses have found themselves at risk of infection as they faced shortages of necessary PPE. Some have even lost their lives as a result of COVID-19.

Yet, nurses have consistently cared for frightened and severely ill patients. Each day they go into work, they go in with the intent of giving patients the best care they can in order for them to recover from the virus (and other illness and diseases). When patients pass away despite nurses' best efforts, they must process a tsunami of emotions, including sadness and grief.

The COVID-19 pandemic is something no one imagined going through. Even though it is exhausting and leaving nurses raw as they go through it, I hope that someday they will be able to look back and find a way this experience changed them as nurses, and that it will be positive.

With that in mind, this Nurses Week, I chose to share stories from four nurses who reflect on the experiences that have shaped them during their nursing careers.

And by the way, I am not going to say, "Happy Nurses Week." Instead, I am telling nurses:

The pivotal career moment for Adele A. Webb, PhD, RN, FNAP, FAAN, Executive Dean of Healthcare Initiatives at Strategic Education, Inc., with main hubs located in Herndon, Virginia; and Minneapolis, was when she was a pediatric nurse. A young child with HIV was admitted to the pediatric emergency department where she worked. The child's mother was HIV positive as well. It was around 1990, so healthcare workers were aware of how HIV was transmitted. Still, what Webb witnessed was shockingthe majority of her colleagues refused to care for the patient or touch them when they went in the room.

"One other colleague and I provided all their care. The child didn't live for long and it was at that point that I thought, 'There is really something wrong with the fact that we have this amount of fear in our profession," she recalls. "I don't know if it was because we were in middle class suburbia and they thought this could never happen around there. But the reactions were stunning to me because we had taken care of plenty of patients with [diseases] that were contagious and put us at risk. But I think it was the fact that to people with HIV/AIDS, it was a death sentence and people became afraid for their lives. To have such a visceral reaction and actually say, 'I'll quit before I'll provide care.' I'd never seen anything like that before."

It was at that point Webb's entire career changed. She began learning everything she could about HIV, and she changed jobs in order to work in an area where there were a high number of HIV patients.

"I became involved with the World Health Organization by reaching out and saying, 'I'm willing to go.' I was actually deployed, and I've worked in over 50 countries educating nurses and other kinds of providers, like health workers, about how to care for people with HIV," she says. "And it became my life's mission. I wanted to make sure that people that needed the care could get it."

Webb says she felt a responsibility to HIV patients.

" [P]eople need help and that's why I'm in nursing. I want to help people," she says.

Webb's international work also gave her a new perspective.

"What you learn about when you work internationally, is that there are some problems that are insurmountable and how lucky we are [here]. That's a message I continue to carry back to my colleagues," she says.

She says it also helped her to develop "stamina."

"I'm a stick-to-the-[finish type of person]. I started this, I'm going to do it because it needs to be done, in spite of the fact that a lot of people didn't want me to do it," she says.

In addition, she says her work with HIV patients gave her a high level of compassion.

"These aren't just people that you see for an hour and a half in the emergency room. You see how families are being devastated and so it gives you a higher level of compassion and understanding," she says.

Through his career experiences, Dan Andrews, MBA, BSN, RN, CEN, Director of Operations at CHI Saint Joseph Health in Nicholasville, Kentucky, has developed the motto: "Be safe, be nice, and be prepared."

"This job is tough. It's physically and emotionally demanding [at times] but it also can be so rewarding. If you live by those three tenets, you will make it rewarding. I wouldn't change my career path for anything," he says.

One experience that helped him develop this three-pronged philosophy took place in his hometown in Michigan. In addition to working as a nurse, he was also a volunteer firefighter. During his volunteer shift, there was a house fire where one child died, and another was burned and taken to a hospital.

Fast forward to Andrews' 11 a.m. nursing shift in the emergency room the next day.

"My first patient of the day was the child who was burned in a house fire. He had received some second-degree burns to his hand and needed some [debridement]. His parents had taken him to another hospital immediately after the situation, but they weren't happy there, so they came to our hospital," he says. "By God's grace, I was given the opportunity to take care of this little one. Just knowing the story, having been at the fire the night before and working hard to try to save his brother, just allowed me to really connect and bond with the family."

That experience helped Andrews develop his perspective about the nursing profession.

"It taught me that nursing is not a profession. It's a way of life. Being a nurse is really at your core. Nursing doesn't just happen within the walls of a hospital or a facility. I've been blessed throughout my career to work on an ambulance. I've worked on a helicopter, I've been in the military, and [I] worked in hospice going into other people's homes to help in end-of-life situations. It really just opened my eyes to the fact that, again, nursing is a way of life. We can't just compartmentalize it. It's who you are," he says.

Andrews says he advocates for preparing patients and families for whatever the next step may be.

"I've had an opportunity to take care of a lot of sick people from trauma situations, medical situations. One of the things I always say to folks, especially newer nurses, is that there comes a time when you stop taking care of the patient and start focusing on the family to prepare them more for what's coming next. So, when there's not much more we can do for the patients, let's take care of the family because they're the ones that will be left behind. Preparation and education are a few of the things I try to stress to newer folks that I'm able to mentor along the way."

In addition to a nurse being changed by their experiences, they also have the opportunity to change the lives of their patients and families.

"I think I was able to see that some of the things that we do, in fact, change people. Although she never said it, I feel like because I was honest and sincere and could share some of my feelings with the mom (of the boy who was burned), she was able to heal a little bit by knowing that even though she had suffered a loss, she felt that we truly cared for her child who was still alive. He could have been just another patient, but because of the connection we had [our interaction] was really a lot more sincere," Andrews says. "The golden rule is still be nice to others and treat them how you want to be treated. That makes all the difference in a bad situation."

Before Iain Holmes, DNP, RN, NEA-BC, Associate Chief Nurse at Albany Stratton VA Medical Center in Albany, New York, became a nurse in 2011, he worked in horse racing, which interestingly, may have helped him develop attributes that transferred nicely to his new career as an RN.

"I think taking care of racehorses was a great steppingstone to being able to take care of the people of my community," he says. "[When you are running] a premier racing stable you check legs every day, you want your whole group to feel well, and now I analyze and assess well-being."

Holmes transition from racing to nursing took place after he began volunteering at a hospital.

"I was working with racehorses and started volunteering at the hospital because while racing is a lot of fun you go from race meet to race meet. Upon volunteering, I realized that I really enjoyed interacting with patients and making patients feel better and the pathophysiology of disease and the pharmacology of medicine," he says.

Holmes recalls how an interaction with a patient helped him develop a core value of his nursing career.

As a novice nurse in the ED, he took care of a college student whose parents were out of town.

"I remember how we couldn't quite tell what was wrong with her and she was feeling quite unwell," Holmes says. "I left my shift and I kind of went on my way."

Three years later, he needed a rental car while his car was in the shop.

"The person who was renting me the car realized that I was the nurse that took care of her. She told me that she was incredibly scared, and the care I provided to her was wonderful, and I was the shining light in a scary moment, so to speak. What stuck with me is that as a nurse, and as a person, I have a profound ability to determine how people feel in all sorts of situations. That is something that I work on every day. I want people to know that I truly care," he says.

In addition to taking pride in the care they provide, nurses can cultivate caring through active listening and addressing people's needs, he says.

"In every interaction I'm doing, I am trying to ensure those goals are being met. Are we making this person feel better by knowing that they're cared for and addressing their needs? Do they feel scared? Do they feel that they don't have answers to questions because they feel that people aren't listening to them? And then you go with what you've uncovered," he says.

Holmes says he advocates for developing emotional intelligence as a strength and putting others first.

"It comes back to being more than just someone who delivers medicines and treatments. [You want to be] someone who really cares for the well-being of that community and make others feel like an appreciated member of the community, whether they're a patient or an associate."

Terry McDonnell, ARNP, MSN, DNP, Chief Nurse Executive and Vice President of Clinical Operations and Facilities at Seattle Cancer Care Alliance was influenced by both her experiences as a family member and as a nurse. Nursing is her second career and she came to it after a series of family illnesses.

First, when her son was eight, he was diagnosed with a severe form of group A strep bacterial pneumonia. He spent 25 days at the hospital, was in and out of the ICU, had multiple major surgeries, and chest tubes. McDonnell was dedicated to advocating for her son and spent as much time at the bedside as possible, picking up medical lingo and concepts along the way.

McDonnell got to know her son's primary nurse quite well, and over the course of his ICU stay, the nurse asked McDonnell, " 'Have you ever thought about going into nursing?' And I looked at her like she had 15 heads and I said, no, I never have. She said, 'You should really think about it."

Then, McDonnell's father experienced interstitial pneumonitis and was admitted to the ICU at Massachusetts General Hospital for a prolonged hospital stay before he succumbed to the disease.

Once again, McDonnell took on the role of bedside patient advocate for her father. Impressed by her healthcare knowledge, her father's primary nurse in the medical ICU suggested she considering going into nursing.

"My father passed away on his 57th birthday, and I said to my husband, 'You know, I only need to be hit in the head so many times until I get it.' That was the end of October. By January, I was back in school doing prerequisites and, by September, I'd fully matriculated into the Mass General direct entry program," she says.

Just as nurses influenced her life, McDonnell would go on to influence her patients as well.

"I had gotten to know this wonderful, wonderful patient. Just a dear, darling elderly gentleman, newly diagnosed lung cancer. And my first day off orientation he threw a massive PE and literally died in my arms. The thing is that will shake you to your core, but also you are struck, as a nurse, by the honor and the privilege that we have of being with our patients through the good, the bad, the scary, and sometimes when they leave this earth. I will never forget the look of trust on his face as he left this world. His family wasn't there. It was myself and my colleagues that were there with him," she recounts. "That's one of those moments that really formed who you become. I don't think I've ever forgotten the respect and the privilege that we all carry as nurses being on this journey with our patients."

McDonnell says she's learned there is a story behind everything.

"There's always a story. Nothing is ever as it seems. One of my instructors early on in nursing school counseled us to always look for the story. And [by doing that] you learn to pause," she says. "You're always observing. You're always learning. There's always new information."

"The one thing I've learned that I've carried forward and how I've shaped my leadership is no matter who you're with, whether it's a patient, whether it's a colleague, whether it's a student, whether it's an observer, you always have something to learn. And you always want to treat someone the way you want your family treated."

Jennifer Thew, RN, is the senior nursing editor at HealthLeaders.

Read the rest here:

National Nurses Week 2020: What Experiences Have Shaped Your Nursing Career? - HealthLeaders Media

Posted in Golden Rule | Comments Off on National Nurses Week 2020: What Experiences Have Shaped Your Nursing Career? – HealthLeaders Media

Gladys Berejiklian Is Relaxing Isolation Rules, Despite NSW Having The Most COVID-19 Cases Nationally – 5Why

Posted: at 3:50 am

Today, NSW Premier Gladys Berejiklian announced a pretty big in the context of the coronavirus outbreak announcement regarding social distancing and isolation. Essentially from Friday, two people can now visit another person, in another house (it honestly feels so weird to type this).

So please know that from Friday, two adults can go and visit anyone else, and Ive used the word adults to say obviously if you have young children, its OK to take them with you, the Premier said at a press conference.

But in terms of cumulative cases, NSW is leading the pack in a big way. The state currently has just over 3,000 cases, daylight second, Victoria in third with 1,349 cases. Queensland have just over 1,000, SA and WA are hovering around 500 while Tasmania, the ACT and NT have about 500 across them as a whole.

So NSW represents about 50% of the coronavirus cases in Australia. And sure there are a lot of people in NSW 7.544 million to be exact, so the per capita rate is naturally super low (0.00039). But compare that to Victoria, a population of 6.359 million people a per capita rate of 0.00021.

I know these numbers are a bit whatever, were talking big decimal points and god knows Im terrible at math anyways. But rumours and reports suggest Victoria are likely two or so weeks away from the easing of any isolation restrictions. And I dont know about you, but Victorian Premier Daniel Andrews has been the most impressive leader during this challenging time for the country in my opinion.

Weve of course seen some other states relax their isolation restrictions as well, with Queensland relaxing their rules from this Friday, May 1st as well. As of the end of the week, Premier Annastacia Palaszczuk announced people could enjoy some relief from stay-at-home rules by going for a drive (or riding a motorbike, jetski or boat) for pleasure, having a picnic, visiting a national park; and shop for non-essential items. But, werent people sort of already doing all of the above..

In addition to these rules social distancing must be maintained, you have to stay within 50km of home and outings are limited to members of the same household or an individual and one friend. Like how much more vague can you get?!

And what Im not a massive fan of is the way a lot these announcements are made. Honestly theres just this lack of clarity for example in NSW, can you only have two specific friends over during this relaxing? Can you have two different friends over for Friday dinner every week? Can you visit different people every day?

It just feels like this is another too soon announcement, and that we might be rushing to get back to normality. Weve come this far, weve been diligent for the most part with isolation and I think we all realise that if we make strong sacrifices now, we wont get a second wave of the virus.

But almost inevitably people will make the most of eased restrictions. People will flout the rule, and no doubt push it over the line given things have been eased slightly. And look I often live by this golden rule, if Steve Price agrees with you you probably fucked up.

Image Source: Twitter @ScoopliveUpdate

Visit link:

Gladys Berejiklian Is Relaxing Isolation Rules, Despite NSW Having The Most COVID-19 Cases Nationally - 5Why

Posted in Golden Rule | Comments Off on Gladys Berejiklian Is Relaxing Isolation Rules, Despite NSW Having The Most COVID-19 Cases Nationally – 5Why

Hubble telescope’s 30th anniversary was possible because it could be repaired – CBC.ca

Posted: at 3:49 am

If it were not for the fact that the Hubble Space Telescope was designed to be repaired and upgraded while in orbit, it would not have reached its 30th anniversary this month. After shaky beginnings that almost doomed the project, it was saved by astronaut servicing missions that repaired and replaced components that enabled it to run for three decades.

Hubble's successor, the much larger and more expensive James Webb Space Telescope, won't have that capacity,so it has to work right the first time.

The idea of putting a telescope into space goes back to 1946 and pioneering astronomer Lyman Spitzer.He first proposed placing a large astronomical telescope above the Earth's atmosphere where it would have a perfectly clear view of the universe, unhindered by clouds, pollution and shimmering air currents that obscure the vision of even the largest telescopes on the ground. Spitzer was instrumental in pushing for the development of the Hubble telescope and a later instrument, the Spitzer Space Telescope was named in his honour.

It was not until the 1970s that Spitzer's dream started to come to fruition. NASA and the European Space Agency (ESA) collaborated to build the Hubble Space Telescope, which after long delays and cost overruns was finally launched on space shuttle Discovery on April 25,1990.

But as soon as the big eye in the sky saw first light, astronomers on the ground knew something was wrong. The images were nowhere near as sharp as they expected. The telescope was suffering from a condition known as spherical aberration, indicating the 2.4 metre mirror had been ground to the wrong shape and could not focus properly.

Thistrouble with Hubble became an immediate embarrassment for NASA. It looked like a billion dollar boondoggle, a piece of expensive space junk and a scientific failure.

But engineers were able to take advantage of the fact that the telescope was designed with modular components that could be replaced by astronauts for repairs or upgrades. To fix the vision problem, a new set of corrective optics were developed, which were smaller mirrors designed to compensate for the flaw in the main mirror,analogous to the way a pair of glasses gives a nearsighted person distance vision.

In a dramatic space shuttle mission two years later, astronauts aboard the shuttle Endeavourused the Canadarm to grab Hubble in space, bring it into the cargo bay and install the new optics during space walks.

It worked. And with its new, clear vision, Hubble began to send back dramatic images of objects right out to the edge of the universe.

Since then, four other servicing missions by astronauts have replaced worn out components such as gyroscopes and solar panels to keep it running, and installed new types of cameras that didn't even exist when Hubble was first designed, making it a much better telescope today than when it was launched. None of this would have been possible if the telescope had not been designed with servicing in mind.

Hubble's new successor, the James Webb Space Telescope, was not designed that way.Nor does NASA have the capacity to launch such a missionwhich might make you worry, since the JWST is a much larger and more complex machine than Hubble was.

In astronomy, size matters. Larger mirrors gather more light and therefore are able to see dimmer objects much farther away. So the new successor to Hubble has a compound mirror 6.5 metres across, giving it more than six times more light gathering power than Hubble.

The problem with a mirror that size is that it's too large to fit inside the nose cone of a rocket. So the Webb mirror is made up of 18 hexagonal segments that fold together for launch, and then laterare supposed to unfurl once in space in a complicated sequence of events like a giant flower blooming.

This is a critical operation. Not only do each of the mirror segments each have to have a perfect shape they must assemble together overall into perfect alignment to give the telescope clear vision. So must other components including a huge sun shield that must expand to the size of a tennis court to protect the telescope from the sun's heat and glare. If all these components do not unfold with microscopic precision, the whole $10 billion US project could be a failure.

And astronauts won't be able to help. The James Webb is not designed to be serviced or repaired, and in fact it will be out of reach.Hubble is in low earth orbit. The new telescope will be positioned in a special spot in space called L-2, a Lagrange Point, where the gravity of the sun, Earth and moon all balance. This parking spot in space is 1.5 million kilometresaway from Earth, beyond the orbit of the moon. That is well beyond the reach of human astronauts.

The launch date of the Webb telescope has been pushed back many times, and is currently set at March 2021. All of NASA's proverbial eggs will be placed into one ESA Ariane Rocket and launched from French Guiana. All eyes will be on that rocket as it carries the most complicated instrument ever built intospace.

If you have been impressed by the amazing discoveries of the Hubble Space Telescope over the past 30 years, you ain't seen nothin' yet... if Webb actually works.

All fingers are crossed.

Read the rest here:
Hubble telescope's 30th anniversary was possible because it could be repaired - CBC.ca

Posted in Hubble Telescope | Comments Off on Hubble telescope’s 30th anniversary was possible because it could be repaired – CBC.ca

The non-coronavirus stories you might have missed – World Economic Forum

Posted: at 3:49 am

As coronavirus continues to dominate the news agenda, heres a selection of other stories from around the world.

1. Study shines a light on global insect numbers

Insect populations are not what they used to be. Bugs are declining in number and some species have completely disappeared, representing an ongoing crisis for nature and everything that depends on it.

A new study has looked at data going back to 1925 to get the most comprehensive picture yet of whats happening. While land insects are in a slow decline, freshwater insects are seeing a slow uptick, with an annual increase of about 1%, or potentially 38% growth in the next 30 years.

The scientists dont know the exact reason for these trends, but point to habitat destruction as the most likely cause of declines of insects on land and effective protections in place for those in freshwater.

2. Pentagon releases videos of UFOs

The perennial quest for evidence of UFOs is back in the news, with the release by the US Department of Defense of three declassified videos showing what it describes as unexplained aerial phenomena.

The videos, which had previously been leaked, were filmed by US Navy fighter pilots and show objects hovering, spinning and flying across the Pacific Ocean. With the release, Pentagon sources confirmed the videos are genuine, but stop short of confirming stories on social media linking the UFO to alien spacecraft.

3. Hubble telescope marks 30th birthday with amazing starbirth picture

After three decades in orbit, the Hubble Space Telescope continues to capture stunning images of the universe, recently beaming back an incredible picture of a star-forming region 163,000 light years away from Earth.

The image, according to NASA nicknamed the "Cosmic Reef" because it resembles an undersea world, shows a giant red nebula (NGC 2014) and its smaller blue neighbour (NGC 2020). At the centre of NGC 2014 is a group of stars each 10 to 20 times bigger than the sun.

4. Last year was Europes warmest on record

Globally, 2019 was the second warmest on record, the BBC reports, but for Europeans it was the hottest ever.

Europe has seen average temperatures over the past five-year period climb 2C over pre-industrial times, which is twice as high as the 1C global average and exceeds the limit set by the Paris climate agreement.

Agricultural losses are on an unimaginable scale.

Image: Reuters/Baz Ratner

5. Extremely alarming locust infestations in east Africa

Food supplies are under threat in east Africa as swarms of desert locusts infest the region. Gathering in countries like Ethiopia and Kenya, a single swarm can contain up to 150 million insects with a range of 150 kilometres each day, decimating enough food to feed tens of thousands of people.

Called extremely alarming by the Food and Agriculture Organization of the United Nations, the new generation of locusts leave many communities in their path facing an uncertain future. With some countries in the region already on the brink of starvation, looming food shortages could lead to a humanitarian disaster.

License and Republishing

World Economic Forum articles may be republished in accordance with our Terms of Use.

Written by

Johnny Wood, Senior Writer, Formative Content

The views expressed in this article are those of the author alone and not the World Economic Forum.

Read the rest here:
The non-coronavirus stories you might have missed - World Economic Forum

Posted in Hubble Telescope | Comments Off on The non-coronavirus stories you might have missed – World Economic Forum

Civilians’ R&D In Process: DROWN MY BOOK – Extended Play

Posted: at 3:48 am

I once asked an acting teacher, after a few months of Shakespeare, Chekhov, Durang, Shepard, and Kushner, whether it might be possible to introduce some works by writers who werent white men. She furrowed her brow in confusion, frowned, cocked her head, and, placing both hands palm down on her desk, responded: But Mattyoure not black.

And anyway, the class wasnt about all that, it was aboutgetting better at acting and engaging with text, and these writers were masterplaywrights. Their work was universal.

Ever since then I knew what all artists of color come toknow eventually: that our white counterparts are rarely required or expected tobe familiar with work by great artists of color who came before them (with afew exceptions), but developing artists of color must know all the same work astheir white counterparts even while taking it upon themselves to stretch beyondthat.

Though I wound up performing a Nilo Cruz monologue as theculminating project in that class tomake a point, I was nevertheless over the moon for Shakespeare.

Besides a short stint as a stegosaurus in a daycamp betweenfirst and second grade, my first real experience acting was in a Shakespeareplay. In my sophomore year of high school, I was cast in the schoolsproduction of As You Like It, where Iwas cast as Charles the wrestler and Corin the old shepherd, which set me offon the long theatrical path to eventually winding up part of the CiviliansR&D group. I worked at a Shakespeare theater two summers in a row, playedparts in Midsummer and Macbeth in college (and Rosencrantz and Guildenstern Are Dead, forgood measure). I loved understanding Elizabethan English or, where I didnt,researching it. I loved breaking apart towering sentences for their imagery,their antithesis, their double meanings. I loved scanning lines and beating outrhythms on the table or my thigh, each irregularity a treasure, a clue, amessage from Shakespeare himself.

I had read a bunch of the plays and sonnets in various Englishclasses, too, which always produced the weird feeling Im sure is common indiaspora kids of being in two camps at once: both ownership over the text assomething youre native to (The greatest writer in the English language!) anda simultaneous foreignness. I bristled every time a teacher assertedShakespeares universality, noting that a major reason everyone getsShakespeare is that the culture that produced him and that he in turn helpedproduced was imposed on people around the world at gunpoint. Its no wonder Iwas drawn to Shakespeares own outsiders, his rare depictions of racial or religiousminorities providing a weird window into Elizabethan conceptions of race andthe other. Othello and Shylock were particularly compelling (and continue tobe, as borne out by my play TheVenetians), as characters who are often monstrous racial stereotypes on theone hand while still rendered with surprisingly human moments on the other.Human enough that it made me want to salvage pieces of them. As activist andUniversity of Arizona professor Curtis Acosta said when we spoke, thosethings were really attractive to me as someone who was just figuring out whatit really meant to be a man of color I think I was just attracted to it because of all these things Irecognized in it.

Drown My Book began in 2012 when Id readthat the Tucson Unified School District had begun removing Mexican AmericanStudies texts from classrooms and boxing them up in storage facilities incompliance with a ruling that accused ethnic studies programs of, among otherthings, advocating for the overthrow of the US government. As horrible as allthis was, I wasnt expecting Shakespeare to be part of all of this, andcertainly not on the opposite side of the law. In a news release dated January17th, 2011, TUSD Director of Communications Cara Rene lists sevenremoved books (Critical Race Theory,by Richard Delgado; 500 Years of ChicanoHistory in Pictures, edited by Elizabeth Martinez; Message to AZTLAN, by Rodolfo Corky Gonzales; Chicano! The History of the Mexican Civil Rights Movement, byArturo Rosales; Occupied America: AHistory of Chicanos by Rodolfo Acuna; Pedagogyof the Oppressed by Paulo Freire; and RethinkingColumbus: The Next 500 Years by Bill Bigelow) and goes on to say:

Other books have also been falsely reported as being banned by TUSD. It has been incorrectly reported that William Shakespeares The Tempest is not allowed for instruction. Teachers may continue to use materials in their classrooms as appropriate for the course curriculum. The Tempest and other books approved for curriculum are still viable options for instructors.

When I spoke to Acosta, however, hetold me a different story. The Tempest isa difficult text to teach and discuss without touching on colonialism, slavery,and the genocide of indigenous peoples in the Americas. In fact, as RonaldTakaki points out in his essay, The Tempest in the Wilderness: TheRacialization of Savagery, The Tempest invitesus to view English expansion not only as imperialism but as a defining momentin the making of an English-American identity based on race. The characterCaliban the wizard Prosperos powerful, surly, supernatural, half-humanslave, born to rule the island but usurped when the Wizard arrived has beenrefigured by creators such as Aim Csaire and Jimmie Durham as a victim ofcolonization, struggling under the yoke of a foreign oppressor. In Acostashands, the inevitability of discussing these topics became a tool forillustrating certain failures of the law:

I found all my notes from all these horrible administrative meetings I had. We were trying to figure out what was legal and illegal, and I knew right away that the day of it was January 10th, I know all these dates now because I was just writing about it January 10th [] was the board meeting, and that night when we were suspended I leaned over to a colleague and said, Tomorrow Im getting Shakespeare banned. And so I went into that meeting with an agenda but also I knew that there was no other way it was gonna go because the law was so poorly written, and so obviously racist, discriminatory that if I just made the argument they would have to. Now this is the thing that changed: In the moment, the day after, there was still a shred of humanity in the administration I was dealing with at my site, and then after, they tried to cover their tracks and didnt know that we were going to release the audio. They went on full scale the district administration went on this full scale attack after I told reporter friends of mine, Yeah, I cant teach it. They told me I cant teach The Tempest. And so they went on this full scale attack all but calling me personally a liar. [] But we ended up being able to prove it because I did record it. That was the last meeting they allowed me to record. It wasnt the last meeting recorded, but it was the last meeting they allowed me to record. But thank God I did!

Caliban, like Othello and Shylock, has come tooccupy a special place in my relationship to Shakespeare, but what gripped meso much about what was happening in Tucson is that this play, part of a reveredWestern canon, found itself on the side of the marginalized, an emblem used topoint out the weaknesses in the structures and impulses it once served to helpprop up.

Theresa line in Star Trek IV: The Undiscovered Country (the title itself areference to Hamlet), where a Klingon character insists, Youve notexperienced Shakespeare until youve read him in the original Klingon. Its ajoke, and yet

I became taken (and still am taken, and so knewimmediately which project to propose to The Civilians) with the idea of a groupof Latin students grappling directly with these contradictions, takingShakespeares words and turning them on the authorities, using the schoolscurriculum against it.

InThe Tempest, Prosperos books of arcane knowledge are his most prizedpossession, which he guards jealously and devotes himself to entirely; inTucson, books had been torn from classrooms because of the ideas they held andhoarded away in warehouses. The title, Drown My Book, came to meimmediately, and Ive stuck with it. Its from Prosperos last speech, where hethrows away his magic staff and library, pledging never to use them again: Anddeeper than did ever plummet sound / Ill drown my book.

In her play UneTempte, Csaire turned Caliban into arevolutionary; the students in my play would use The Tempest as arevolutionary tool.

DurhamsCaliban Codex shows us a Calibanobsessed with trying to figure out what his own fact looks like, having neverseen a reflection and only knowing what Prospero tells him about himself; mycharacters, accustomed to not seeing themselves reflected in other parts of thesyllabus, would use a canonical text to fight to keep the one mirror theydbeen given.

Ratherthan bend and compartmentalize themselves, as so many young people are forcedto (as I was forced to in that acting class) the characters in my play wouldbend Shakespeare to serve them.

Maybethats what we should mean when we say that Shakespeare is universal: not anappeal to bland relatability, but instead that the sheer reach of Shakespearesinfluence over how we understand stories and the written word now means that hecan be enlisted by anyone to serve new purposes.

Read the original:
Civilians' R&D In Process: DROWN MY BOOK - Extended Play

Posted in Moon Colonization | Comments Off on Civilians’ R&D In Process: DROWN MY BOOK – Extended Play

Donald Trump, At Fox News Town Hall At Lincoln Memorial, Says Hes Treated Worse By Press Than The 16th President Was – Deadline

Posted: at 3:47 am

President Donald Trumps town hall on Sunday was not his first with Fox News, but it was the first event of its kind at the Lincoln Memorial.

Thats why, in Trumps long battle against the fake news media, one of his comments stood out.

Responding to a question of whether he should change his tone during the COVID-19 press briefings, he said, I am greeted with a hostile press, the likes of which no president has ever seen. The closest would be that gentleman right up there [pointing to the David Chester French statue]. They always said, Lincoln, nobody got treated worse than Lincoln. I believe I am treated worse.

You see those press conferences, he said. They come at me with questions that are disgraceful, to be honest, disgraceful. Their manner and their presentation and their words. And I feel that if I was kind of them, I would be walked off the stage. I mean, they come at you with the most horrible, horrendous, biased questions. And you see it 94, and 95% of the press is hostile.

Related StoryPiers Morgan Steps Back From 'Good Morning Britain' After Developing "Mild" Coronavirus Symptoms

He then noted that on Sunday, a flotilla of boats in Florida paraded around a waterway and showed their support for him. We have tremendous, tremendous support. And yet they media, they might as well be in the Democrat party. Why? I dont know.

Trumps claim of poor treatment could have been referring merely to the media but, as a number of commentators noted, Lincoln was assassinated. Historian Michael Beschloss quickly tweeted out a photo of Lincolns burial 155 years ago on Monday.

The event was called America Together: Returning To Work, co-anchored by Bret Baier and Martha MacCallum, and it primarily featured virtual questions, submitted from Americans across the country. Although Trump has complained about Fox News coverage as he did last weekend hes granted many more interviews to the network than rivals.

During this town hall, Trump did make some news on the coronavirus, insisting, We need the vaccine and I think were going to have it by the end of the year. A number of medical experts believe that such a vaccine wont be ready for another year to 18 months, but Dr. Anthony Fauci, a member of the White House coronavirus task force, has said that January is a possibility.

Some of the most interesting moments came when Trump talked of three people he knows who have died of coronavirus. He described the scene at Elmhurst Hospital in his native Queens. And he made clear that the virus was not like the flu, even as a number of his on-air supporters continue to harbor doubts about the actual death toll and whether the spate of social distancing and closures are an overreaction.

It affects older people, he said. If you have any problem, heart, diabetes, this thing is vicious. And it can take you out, and it can take you out very strongly.

Later, Vice President Mike Pence and Treasury Secretary Steven Mnuchin joined the event. The vice president also made a bit of news. After Baier asked him why he didnt wear a mask at the Mayo Clinic, creating a bit of a sensation in coverage of the visit, Pence said that he should have.

Baier and MacCallum did ask somefollow ups such as on his claim that the U.S. closed off travel from China but Trump frequently was able to recite a series of mistruths and uncorroborated remarks. For instance, Trump claimed that Fauci, director of the National Institute of Allergy and Infectious Diseases, had said that the virus would pass and not be a big deal. The president has made similar comments before. In fact, Fauci on Feb. 29 said on Today that right now, at this moment, theres no need to change anything that youre doing on a day-by-day basis.

The title of the town hall was America Together, but Trump several times took partisan swipes, even suggesting that Democrats and the left were wishing that treatments would not work because that would help him politically. I think Democrats, the radical left, would rather have people, Im not going to say die, not get better because they think Im going to get credit if hydroxychloroquine works, he said. In fact, the FDA has cautioned against using the drug to treat COVID-19 outside of a hospital or clinical trial.

Left unmentioned was Trumps recent tweet calling protesters of Michigan stay-at-home orders very good people. Some of the protesters, however, were brandishing guns, and the states governor, Gretchen Whitmer, complained that others had nooses, confederate flags and swastikas. Even the Republican president of the state senate called them a bunch of jackasses. That said, there was something a bit refreshing at hearing questions from the general public, after Trumps nightly, often chaotic COVID-19 briefings appear to have been exhausted.

On Sunday, the neoclassical temple that has been the site of civil rights marches, inauguration celebrations, even a signature scene in Mr. Smith Goes to Washington, now will have a new element to its history. As Trump said in sitting down for the town hall, We never had a more beautiful set than this.

Read more:

Donald Trump, At Fox News Town Hall At Lincoln Memorial, Says Hes Treated Worse By Press Than The 16th President Was - Deadline

Posted in Donald Trump | Comments Off on Donald Trump, At Fox News Town Hall At Lincoln Memorial, Says Hes Treated Worse By Press Than The 16th President Was – Deadline

Donald Trump And The Fed Could Be About To Destroy The U.S. Banking System – Forbes

Posted: at 3:47 am

Donald Trump and the Federal Reserve have gone to extraordinary lengths to prop up the U.S. economy in recent weeks.

The coronavirus pandemic and the lockdowns put in place to slow its spread have ravaged the U.S. economywith the Fed and the Trump administration pumping a staggering $6 trillion in to the system since March and taking interest rates back to record lows to keep it on its feet.

Now, as the economic reality of a post-coronavirus world sinks in, president Trump and the Fed are edging closer to negative interest ratessomething legendary investor Warren Buffett has warned could have "extreme consequences."

U.S. president Donald Trump has previously indicated negative interest rates are a ... [+] possibility--though so far the Federal Reserve has demurred from taking rates below zero in order to protect the country's banking system.

Negative interest rates, meaning borrowers are paid to take out loans by the lender, have been adopted by a number of central banks around the world, led by some European central banks and the Bank of Japan.

If a central bank sets its overnight deposit rate to below zero, lenders must pay their central bank to hold their reserves. Banks could then pass those costs on to their customers, charging fees for positive balances.

Some economists believe negative interest rates can jolt life into flatlining economies, encouraging money to be invested or spent, though others fear a negative interest rate policy could keep an economy subdued.

"We're doing things that we don't know [their] ultimate outcome," Buffett said when asked about the possibility of negative interest rates in the U.S. at Berkshire Hathaway's annual meeting on Saturday.

"[Negative interest rates are] probably the most interesting question that I've seen in economics," Buffett said, speaking to shareholders via webcast and warning of "extreme consequences" if a negative interest rate policy is brought in.

Back in March, Buffett said the puzzle of what negative interest rates would do to U.S. financial markets is "the most important question in the world," admitting he doesn't "know the answer."

Earlier this year, Trump indicated he'd be in favour of the Fed adopting negative interest rates in order to compete with countries that already have.

"Were forced to compete with nations that are getting negative rates, something very new," Trump told attendees at the World Economic Forum in January. "Meaning, they get paid to borrow money, something I could get used to very quickly."

While Fed chair Jerome Powell has said he doesn't think negative interest rates are "an appropriate policy," Trump isn't shy about applying pressure.

"The Federal Reserve should get our interest rates down to zero, or less," Trump tweeted in September.

"It is only the navet of Jay Powell and the Federal Reserve that doesnt allow us to do what other countries are already doing," Trump said, calling Fed policy makers "boneheads."

Meanwhile, Narayana Kocherlakota, a former president of the Federal Reserve Bank of Minneapolis has thrown his weight behind negative interest rates, calling for the Fed to set interest rates a "quarter percentage point below zero" and put employment above bank stability.

"Put crudely, the Fed is giving up on unemployment reductions to help keep banks and their shareholders safer," Kocherlakota wrote in a Bloomberg op-ed.

The Fed opted to keep interest rates on hold at its latest policy meeting last week, though Powell said he is willing to go further to prop up the economy ravaged by lockdowns.

"It may well be the case that the economy needs more support," Powell said, speaking at a press conference after the Fed's two-day policy meetingleaving negative interest rates on the table but keeping them at arm's length for now.

"One of the things [the Fed] wants to do is protect the banking system," William Lee, chief economist at the California-based economic think tank Milken Institute, told CNBC this weekend.

"We've learned our lesson from Japan and the Europeans; when you go to negative rates you start impairing the banking system. I think [negative interest rates] will be the last tool the Fed pulls out of its tool kit. The Fed right now is oriented toward ensuring financial markets work and work properly and stay working."

Donald Trump's support for negative interest rates puts him at odds with Fed chair Jerome Powell.

Last month, a senior official at the International Monetary Fund warned the Bank of Japan against pushing rates deeper into negative territory, cautioning it would "provide fairly limited economic stimulus while negative rates may weaken profitability in parts of the financial sector."

Coronavirus-induced lockdowns have caused central bankers and policy makers to go further and move faster than ever before, pushing some toward alternatives, such as bitcoin, a cryptocurrency.

Talk of negative interest rates in the U.S. come as bitcoin is on the verge of its third supply squeezesomething many crypto proponents think is likely to boost the bitcoin price.

"All central banks are dramatically easing their monetary policy, trying to devalue their currencies or at least prevent revaluation. Bitcoin is dramatically tightening its monetary policy," Pierre Rochard, bitcoin strategist at bitcoin and crypto exchange Kraken, said via Twitter.

Bitcoin's looming supply squeeze, called a halving, is set for May 12 and will see the number of bitcoin rewarded to those that maintain the bitcoin network, known as miners, halved.

"The halvening is an important event for bitcoin, but its just one element in the perfect storm that bitcoin is enjoying at the moment," said Alex Mashinsky, chief executive of cryptocurrency lending platform Celsius Network.

"Governments around the world are implementing unprecedented fiscal stimulus, which risks causing high inflation across fiat currencies, which reinforces bitcoins value proposition as a deflationary asset. As a result, many first time retail investors are flocking to bitcoin as a way to protect their wealth."

The Oracle of Omaha, Warren Buffett, who's previously branded bitcoin "probably rat poison squared," told Berkshire Hathaway shareholders the coronavirus pandemic could have an "extraordinarily wide" range of possible outcomes.

A severely weakened U.S. banking systempotentially leading to a bitcoin and cryptocurrency adoption spikeis one coronavirus outcome that even Buffett might have missed.

Go here to read the rest:

Donald Trump And The Fed Could Be About To Destroy The U.S. Banking System - Forbes

Posted in Donald Trump | Comments Off on Donald Trump And The Fed Could Be About To Destroy The U.S. Banking System – Forbes