Feb 13, 2019

Report: Disagreements remain on Congress' border security deal

U.S. workers build the border wall between El Paso, Texas, US and Ciudad Juarez, Mexico. Photo: Herika Martinez/AFP/Getty Images

With two days left before the start of another partial government shutdown, there are still disagreements between congressional Republicans and Democrats on some of the specifics of their border security deal that was announced earlier this week, Politico Playbook reports.

Reality check: The two sides are still working out the exact language that would grant $1.375 billion to fund President Trump's border wall — as well as wrangling disputes on back pay for federal contractors and an extension for the Violence Against Women Act. Though the issues are relatively small, Playbook notes that the clock isn't on lawmakers' side: "Many of these issues can be worked out. But there is very little time."

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Stocks fall more than 3% as coronavirus cases spike

Photo: Johannes Eisele/AFP via Getty Images

Wall Street had its worst day in two years on Monday, following a spike in coronavirus cases in South Korea and Italy. The S&P 500 fell 3.3%, the Nasdaq Composite fell 3.7% and the Dow Jones Industrial Average sunk 1,030 points (3.5%).

The big picture: This is the U.S. stock market's biggest reaction thus far to the coronavirus, which has largely shrugged it off as a threat to the global economy (though the bond market has not). While the S&P is down from record highs — which it notched last week — the index is still above lows touched earlier this year.

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WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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