Day: October 25, 2020

With the number of daily new infections from the coronavirus now close to 20,000, Prime Minister Giuseppe Conte on Sunday announced new closures set to take effect on Monday. He is tightening restrictions nationwide for the next month despite street protests in Rome and Naples over curfews.  Concerns over the fast-rising numbers in new daily infections from the coronavirus have brought a rapid tightening of measures by the Italian government. Prime Minister Giuseppe Conte signed a new decree announcing the new closures that would take effect across the country starting at midnight.  Italian Prime Minister Giuseppe Conte wearing a protective face mask gestures as he speaks during a news conference on government’s new anti-COVID-19 measures, at Chigi Palace in Rome, Oct. 25, 2020.Conte said the analysis of the epidemiological curve shows a rapid increase with the consequence that across nearly the entire country, the spread of the contagion and the stress on the health system have reached concerning levels. The government has ordered bars, cafes and restaurants to stop serving at 6 p.m. local time. At restaurants, only four customers will be allowed to sit at the same table unless they live under the same roof. Seventy-five percent of lessons for high school students will be online but younger children will continue to be able to attend their classes in person. Gyms, swimming pools, spas, cinemas, theaters and gaming halls will be shuttered as will ski resorts. There will be no more fairs and gatherings for weddings and other such events. Local police officers check that stores are closed in a shopping center in Milan, after the Lombardy region imposed a stop to non-essential economic activities and people’s movements between 11 p.m. and 5 a.m, in Milan, Oct. 24, 2020.The latest decree also encourages members of the public not to leave home unless they have to go to work, school, or venture out for health or other strictly necessary reasons. The government says smart working must take place as much as possible and families should also avoid hosting people at home. As the number of people going into intensive care units also rises, Prime Minister Conte has been trying to avoid a new national lockdown, aware of the further damage it would cause to the Italian economy, already suffering from last-year’s two-month-long lockdown. He says every effort is needed to halt the rapid resurgence of the virus responsible for the COVID-19 disease. Conte said everything possible must be done to protect both health and the economy. For the past couple of days and before the new closures were announced, Italy witnessed street protests in Naples and Rome, indicating that despite the concerns over the rising number of infections, there is general discontent in the nation and fears that this pandemic is far from under control.      
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Lee Kun-hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died. He was 78.A Samsung statement said Lee died Sunday with his family members, including his son and de facto company chief Lee Jae-yong, by his side.Lee Kun-hee had been hospitalized since May 2014 after suffering a heart attack, and the younger Lee has run Samsung, the biggest company in South Korea.“All of us at Samsung will cherish his memory and are grateful for the journey we shared with him,” the Samsung statement said. “Our deepest sympathies are with his family, relatives and those nearest. His legacy will be everlasting.”Lee Kun-hee inherited control from his father and during his nearly 30 years of leadership, Samsung Electronics Co. became a global brand and the world’s largest maker of smartphones, televisions and memory chips. Samsung sells Galaxy phones while also making the screens and microchips that power its rivals, Apple’s iPhones and Google Android phones.Samsung helped make the nation’s economy, Asia’s fourth largest. Its businesses encompass shipbuilding, life insurance, construction, hotels, amusement park operation and more. Samsung Electronics alone accounts for 20% of the market capital on South Korea’s main stock market.Lee leaves behind immense wealth, with Forbes estimating his fortune at $16 billion as of January 2017.His death comes during a complex time for Samsung.A stern, terse leaderWhen he was hospitalized, Samsung’s once-lucrative mobile business faced threats from upstart makers in China and other emerging markets. Pressure was high to innovate its traditionally strong hardware business, to reform a stifling hierarchical culture and to improve its corporate governance and transparency.Samsung was ensnared in the 2016-17 corruption scandal that led to then-President Park Geun-hye’s impeachment and imprisonment. Its executives, including the younger Lee, were investigated by prosecutors who believed Samsung executives bribed Park to secure the government’s backing for a smooth leadership transition from father to son.In a previous scandal, Lee Kun-hee was convicted in 2008 for illegal share dealings, tax evasion and bribery designed to pass his wealth and corporate control to his three children.The late Lee was a stern, terse leader who focused on big-picture strategies, leaving details and daily management to executives.His near-absolute authority allowed the company to make bold decisions in the fast-changing technology industry, such as shelling out billions to build new production lines for memory chips and display panels even as the 2008 global financial crisis unfolded.Those risky moves fueled Samsung’s rise.Lee was born Jan. 9, 1942, in the southeastern city of Daegu during Japan’s colonial rule of the Korean Peninsula. His father Lee Byung-chull had founded an export business there in 1938 and following the 1950-53 Korean War, he rebuilt the company into an electronics and home appliance manufacturer and the country’s first major trading company.Lee Byung-chull was often called one of the fathers of modern industrial South Korea. Lee Kun-hee was the third son and his inheritance of his father’s businesses bucked the tradition of family wealth going to the eldest. One of Lee Kun-hee’s brothers sued for a bigger part of Samsung but lost the case.When Lee Kun-hee inherited control from his father in 1987, Samsung was relying on Japanese technology to produce TVs and was making its first steps into exporting microwaves and refrigerators.The company was expanding its semiconductor factories after entering the business in 1974 by acquiring a near-bankrupt firm.‘Let’s change everything’A decisive moment came in 1993. Lee Kun-hee made sweeping changes to Samsung after a two-month trip abroad convinced him the company needed to improve the quality of its products.In a speech to Samsung executives, he famously urged, “Let’s change everything except our wives and children.”Not all his moves succeeded.A notable failure was the group’s expansion into the auto industry in the 1990s, in part driven by Lee Kun-hee’s passion for luxury cars. Samsung later sold near-bankrupt Samsung Motor to Renault. The company also was frequently criticized for disrespecting labor rights. Cancer cases among workers at its semiconductor factories were ignored for years.In 2020, Lee Jae-yong declared heredity transfers at Samsung would end, promising the management rights he inherited wouldn’t pass to his children. He also said Samsung would stop suppressing employee attempts to organize unions, although labor activists questioned his sincerity.South Koreans are both proud of Samsung’s global success and concerned the company and Lee family are above the law and influence over almost every corner of society.Critics particularly note how Lee Kun-hee’s only son gained immense wealth through unlisted shares of Samsung firms that later went public.In 2007, a former company lawyer accused Samsung of wrongdoing in a book that became a best seller in South Korea. Lee Kun-hee was subsequently indicted on tax evasion and other charges.Lee resigned as chairman of Samsung Electronics and was convicted and sentenced to a suspended three-year prison term. He received a presidential pardon in 2009 and returned to Samsung’s management in 2010.
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Confirmed coronavirus infections continued to soar Saturday in many parts of the U.S. and Europe. In some cases, so did anger over the restrictions governments put in place to try to stem the tide.Oklahoma, Illinois, New Mexico and Michigan were among states announcing new record highs in daily confirmed cases Saturday, a day after a nationwide daily record of more than 83,000 reported infections, according to Johns Hopkins University.Dr. Joneigh Khaldun, Michigan’s chief medical executive, said it’s “now more important than ever that people take this seriously.” The 3,338 new COVID-19 cases in her state topped the old record by more than 1,300.German authorities reported a record one-day total of new coronavirus cases this weekend while leaders in Spain and Italy debated how to control the resurgent virus amid public pushback to curfews despite a global death toll topping 1.1 million.In Italy, officials huddled with regional authorities on Saturday to determine what new restrictions could be imposed as confirmed cases surpassed half a million.Premier Giuseppe Conte has said he doesn’t want to put Italy under severe lockdown again, as he did at the pandemic’s start. In past days, several governors ordered overnight curfews in their regions to stop people from congregating at night outside bars and other venues.One such curfew fueled anger in Naples, triggering a violent clash by protesters with police. Italian media said protesters hurled rocks, pieces of broken ceramic tiles and smoke bombs at police while they battled back with tear gas. Elsewhere in Europe, police in Warsaw, Poland, used tear gas and pepper spray to disperse protesters angry over new virus restrictions, and anti-lockdown demonstrators gathered in London’s Trafalgar Square.Interior Minister Luciana Lamorgese on Saturday branded the Naples protests “unacceptable” and said prosecutors were investigating.According to Health Ministry figures, Italy’s one-day new caseload of confirmed infections crept closer to 20,000 on Saturday, a slightly bigger daily increase than Friday. The nation’s confirmed death toll, second-highest in Europe after Britain’s, rose to 37,210 after 151 more deaths.Spanish Prime Minister Pedro Sánchez plans to meet with his Cabinet on Sunday morning in Madrid to prepare a new state of emergency, a strategy used twice since the start of the pandemic.The first in March ordered strict home confinement across the nation, closed stores, and recruited private industry for the national public health fight. The second went into effect two weeks ago, focused on transit limits in the Madrid area.In Germany, Chancellor Angela Merkel urged citizens again to reduce their number of social contacts as the nation recorded a new daily high for infections.The 14,714 cases reported on Saturday includes cases from both Friday and Thursday because of a three-hour data outage at the country’s disease control agency Thursday. Forty-nine more people died, bringing the overall death toll past 10,000.The chancellor said in her weekly podcast “if we all obey (to social distancing) we will all together survive this enormous challenge posed by the virus.”Other European countries have tightened restrictions hoping to cope with their own rising case counts.Slovenia closed down hotels, shopping malls and other nonessential shops as authorities reported a record high of both new daily infections and deaths in the small country of 2 million people. Greece unveiled a mask requirement and a mandatory nightly curfew for Athens and other areas deemed high risk.In South America, Colombia became the eighth country to reach 1 million confirmed coronavirus cases on Saturday, according to the Colombian Ministry of Health. Two of the others are also in Latin America: Argentina, which hit that mark on Monday, and Brazil, which has more than 5 million confirmed cases.In the U.S., the virus has claimed about 240,000 lives, according to the COVID-19 Dashboard published by Johns Hopkins. The total U.S. caseload reported Friday was 83,757, topping the 77,362 cases reported on July 16.Many rural communities are bearing the brunt. In Columbia, Tennessee, Maury Regional Medical Center said Friday it was suspending elective surgical procedures that require an overnight stay for two weeks, beginning on Monday. The Daily Herald reported that it was treating 50 COVID-19 inpatients, 20 of whom were in the medical center’s 26-bed intensive care unit.Martin Chaney, Maury Regional’s chief medical officer, said small home gatherings have become the emerging threat through which the disease is being spread in the six-county region the medical center covers.”In our homes, we all let our guard down,” Chaney said. “You think it is safe to not socially distance, and you take your masks off. That is spreading the disease very rapidly.”
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