Tag Archives: Catastrophe

Trump bans export of protective gear after slamming 3M

President Donald Trump on Friday invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. The president unveiled the new order amid a dispute with U.S. manufacturing giant 3M, which had warned the Trump administration that halting its …

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Next pandemic can be worse than the coronavirus

The world will experience another pandemic, and it could be even more severe than the coronavirus, author Richard Preston told CNBC on Friday.  “We hear some people saying, ‘Well this is a once-in-a-100-year event.’ It is absolutely not,” Preston said on “Squawk Box.” “I think a worse-case scenario could be worse …

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