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Xi convenes Politburo to make coronavirus response top priority
US preparing air evacuation of Americans in Wuhan: report
BEIJING – China's central government has taken greater control over containing the new coronavirus outbreak amid rising criticism over the initial response by local authorities.
Meanwhile, the U.S. is planning to evacuate American citizens from Wuhan, the source of the infections, by air, the Wall Street Journal reported, citing people familiar with the matter.
Chinese President Xi Jinping, chairing a meeting Saturday of the Politburo Standing Committee – the Communist Party's top decision-making body – said that "life is of paramount importance." "When an epidemic breaks out, a command is issued. It is our responsibility to prevent and control it," Xi was quoted as saying by the Xinhua state news agency. Party committees and government at all levels were told make containing the outbreak, which has infected over 1,300 people and killed at least 41, their top priority, according to Xinhua. A special Central Committee group will be assembled to lead the effort.
The escalation of Beijing's response follow criticism of authorities in Wuhan, both on social media and in the Communist Party-affiliated Global Times newspaper. Among new moves to contain the virus, Chinese travel companies have been told to halt group holidays to foreign destinations indefinitely starting Monday, according to China Central Television. Domestic group tours have been stopped since Friday. The government is also mobilizing 3 billion yuan ($430 million) to build a special hospital and take other steps to combat the contagion. The National Health Commission said Saturday that 1,230 doctors and other medical personnel were being dispatched to Wuhan, the source of the outbreak.
Besides the U.S., France is also planning to evacuate its citizens from Wuhan, while Russia is considering a similar operation, according to media reports.
In a rare rebuke of local officials, the Global Times newspaper blamed the city's slow response and failure to fully isolate infected patients for allowing the virus to spread nationwide.
The first case of pneumonia caused by the new coronavirus was confirmed on Dec. 8, yet the National Health Commission did not become aware of the situation until Dec. 30, Chinese authorities said. Amid initial confidence that the virus could not spread from human to human, the food market where bulk of infections occurred was not closed until Jan. 1.
As late as last Tuesday, the provincial government and Communist Party committee held a Lunar New Year celebration in Wuhan, where Hubei party secretary Jiang Chaoliang and Wang Xiaodong could be seen enjoying musical performances. Both become the target of intense criticism on Chinese social media, with one post demanding they resign for having "inflicted huge losses on the nation and the people." The negative posts were "so numerous that they cannot all be deleted" by China's vigilant online censors, a senior internet company executive said.
https://asia.nikkei.com/Spotlight/Virus-outbreak/Xi-convenes-Politburo-to-make-coronavirus-response-top-priority
Top Insider Sale/buy of the week: IHS Markit Ltd CEO/Chair sold: $101.78m-Jan 16 and Inversora Carso, S.A. de C.V (Carlos Slim) bought PBF Energy: $14.47m-Jan 17
IHS Markit specializes in the development and marketing of critical analytics and information solutions and services for industries and markets providing economic stimulus around the world. Net sales break down by area of activity as follows:
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financial services (35.4%);
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transportation (28.9%);
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energy and chemical industry (21.9%);
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technology industries (13.8%).
Net sales are distributed geographically as follows: the United States (60.1%), the United Kingdom (13.4%) and other (26.5%).
PBF Energy Inc. (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics. It sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States and Canada, and ships products to other international destinations. As of December 31, 2016, it owned and operated five domestic oil refineries and related assets. As of December 31, 2016, its refineries had a combined processing capacity, known as throughput, of approximately 900,000 barrels per day (bpd) and a weighted-average Nelson Complexity Index of approximately 12.2. As of December 31, 2016, the Company owned and operated five refineries providing geographic and market diversity.
Number of employees : 3 266 people.
PBF ENERGY INC. : Entry into a Material Definitive Agreement (form 8-K)
Closing of 6.00% Senior Notes Offering. the Guarantors named on
the signature pages thereto, Wilmington Trust, National Association, as Trustee
and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer
Agent and Authenticating Agent, under which the Issuers issued $1,000,000,000 in
aggregate principal amount of 6.00% Senior Notes due 2028 (the "Notes").
https://www.marketscreener.com/PBF-ENERGY-INC-12159534/news/PBF-ENERGY-INC-Entry-into-a-Material-Definitive-Agreement-form-8-K-29887673/
https://www.finviz.com/insidertrading.ashx?oc=1678996&tc=2&b=2
https://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=1&o=-transactionvalue
has multiple id's and one or two hangers on. be here long enuf and you see the patterns with syntax and the hops when that id is ruined/burned from stupidity (to the ones who pay attention).
forgot it last week. yw.