DMO RELIEF NOW AND WHAT'S NEXT
Earlier today, we held a second webinar focused on DMOs and the relief they are eligible to access right now under the CARES Act. Alejandro Contreras, director of preparedness, communication and coordination at the Small Business Administration, spoke on the webinar as well.
A full recording of the webinar is available below, and the slides may be accessed here. If we did not get to your question during the webinar, a member of our team will reach out in the coming days with a response.
OTHER CORONAVIRUS NEWS
- This week, as the U.S. reached over 1 million cases of the coronavirus, several U.S. states began reopening or started to publicly share their reopening plans.
- Alaska, Colorado, Georgia, Mississippi, Montana, Oklahoma, South Carolina and Tennessee have allowed some stores to reopen, though most have not announced confirmed dates for a full reopening of their local economies.
- Texas will allow the state's stay-at-home order to end on Thursday, while Minnesota will allow some stores to begin reopening next Monday, May 4.
- New York will approach reopening regionally, lifting the stay-at-home order in some places upstate on May 15 while extending the order in places like New York City. New Jersey, meanwhile, extended its shutdown order indefinitely.
- Both Colorado and Nevada joined the coalition of Western states that planned to coordinate their lifting of coronavirus restrictions.
- Missouri announced they will reopen businesses on Monday, May 4 as long as residents and businesses practice proper social distancing requirements.
- Another 4.4 million Americans filed for unemployment benefits last week, bringing the five-week total to 26.5 million unemployment claims. However, the actual number of unemployed Americans is likely much higher, leading some observers to note that unemployment is likely at Great Depression levels already. In addition, unemployment payments from the federal government have been delayed in some states, leading some jobless workers to receive smaller checks than expected.
- As states began widespread use of antibody tests, questions still remain about the test's accuracy and whether coronavirus antibodies can actually prevent a person from being infected. However, current antibody testing has suggested that the virus was present in places like California, New York, Washington, D.C., and Washington state weeks earlier than experts originally thought.
- Several countries are testing ways to reopen their economies safely this week.
- Chile will issue "immunity passports" to residents who have recovered from the virus, though there are some concerns that those who had the disease may still be susceptible to reinfection in the future.
- The Czech Republic is accelerating its five-step reopening plan, with gyms and all stores smaller than 2,500 square meters allowed to reopen on Monday. The country also became one of the first to open its borders for outbound foreign travel.
- Germany has allowed smaller stores to reopen with social distancing measures in place, though it has still encouraged residents to stay home when possible.
- Italy will begin relaxing shutdown measures on Monday, May 4—residents will be allowed to visit relatives, parks, factories and building sites will be permitted to open. Other businesses will be allowed to open in phases.
- New Zealand health officials claim that they have "eliminated" coronavirus and began to ease restrictions.
- After recovering from the coronavirus earlier this month, U.K. Prime Minister Boris Johnson returned to work on Monday.