Sep 17, 2017

McMaster: U.S. has 'urgency' to act on North Korea

Screengrab from Fox News Sunday

National Security Advisor H.R. McMaster said the situation with North Korea is growing increasingly urgent to Fox News' Chris Wallace on Sunday.

Highlights from the interview:

  • On North Korea: "This regime is so close now to threatening the United States and others with a nuclear weapon that we really have to move with a great deal of urgency on sanctions, on diplomacy and on preparing, if necessary, a military option.
  • On the Iran nuclear deal: "It is the worst deal. It gave all these benefits to the Iranian regime upfront."
  • On whether the White House is better off after Steve Bannon's exit: "What's important is to have an inclusive process, not to try to manipulate into a particular decision or to advance your own agenda ... There were some who try to operate outside of [the National Security Council's] process for their own narrow agendas."

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 11 a.m. ET: 883,225 — Total deaths: 44,156 — Total recoveries: 185,377Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 189,753 — Total deaths: 4,090 — Total recoveries: 7,141Map.
  3. Axios-Ipsos Coronavirus Index: It's "a tale of two Americas" as the rich are more likely to work from home and the poor are more likely to report to work.
  4. Federal government latest: President Trump said the next two weeks would be "very painful," with projections indicating the virus could kill 100,000–240,000 Americans.
  5. State updates: Washington and California appear to have slowed their surges of new cases — Florida cases have been doubling the past four days, approaching 7,000.
  6. NYPD: Reported 1,400 of its employees have tested positive for COVID-19.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Private equity hits the brakes amid coronavirus recovery uncertainties

Illustration: Rebecca Zisser/Axios

Private equity is still working on opportunistic deals when it can get a break from portfolio triage, but it's also boarding up the exits amid new questions about the speed of the coronavirus recovery.

The state of play: Sale processes are being shelved daily, even ones that already launched with investment bankers, data rooms, and interested suitors.

China's medical diplomacy is empowering euroskeptic leaders

Illustration: Aïda Amer/Axios

The Chinese government has embarked on a highly publicized campaign to provide vital medical supplies to European countries as they fight coronavirus outbreaks within their borders.

Why it matters: Those efforts — and the perception that the European Union has done little to help — are providing fodder for politicians who are eager to hail China and criticize the EU. EU leaders may now have to worry about both Chinese and Russian overtures that weaken European unity.

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