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NEWS - THURSDAY, MAY 19, 2022 - NEWS
Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S. companies ABC
VOA VIEW: These are not good times.
The Department of Homeland Security is pausing its short-lived Disinformation Governance Board pending a review and Nina Jankowicz said she had resigned as a result ABC
VOA VIEW: The board was unconstitutional.
NATO's Secretary-General says that Finland, Sweden have applied for membership. ABC
VOA VIEW: Turkey may have something to say - Two for one may be an option.

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Federal officials are bracing for another difficult hurricane season ABC
The European Union is urging member countries to quickly replenish their depleted stocks of ammunition and military equipment ABC
VOA VIEW: Russia is making all nations nervous.
S&P 500 suffers biggest one-day drop since 2020 as "stagflation" fears fuel concern about of a U.S. downturn. CBS
The Interior Department's decision to not move forward with the lease sale comes as gas prices soar. CBS
VOA VIEW: A dumb action.
Secretary of State Antony Blinken called the reopening of the U.S. embassy a "momentous step." CBS
Drivers are spending almost $5,000 a year on gasoline, a 70% jump from a year earlier, a Wall Street economist says. CBS
VOA VIEW: Gas and other products will continue to grow.

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Surge in online tutorials and 3D printing in recent decades is fueling a boom in homemade guns, ATF finds. CBS
VOA VIEW: Fear and self-preservation are the main reasons.
United States tops Singapore, Switzerland and the Cayman Islands as the world's mecca for financial secrecy. CBS
VOA VIEW: Biden has made the US a corrupt nation.
The Department of Homeland Security said it has registered an uptick in threats against "reproductive healthcare personnel and facilities," as well as the Supreme Court and its justices. CBS
VOA VIEW: So, what is being done?
Georgia has continued to set record-breaking numbers of early voting one year after passing an election security law critics called 'voter suppression,' with President Biden comparing it to Jim Crow laws. FOX News
VOA VIEW: Dems are the ones causing suppression.

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Haven's city council voted 3-2 on Monday to reverse a decision that banned “In God We Trust” decals from the Kansas city's police cars. FOX News
VOA VIEW: Good!
The Dow Jones Industrial Average plunged Wednesday, dropping 1,164 points for its worst decline since 2020. UPI
U.S. cases of COVID-19 are substantially higher but there is no commensurate increase in COVID-19 deaths, White House coronavirus response coordinator Dr. Ashish Jha said during a briefing Wednesday. UPI

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Turkey on Wednesday immediately blocked the beginning of NATO accession talks for Finland and Sweden right after they submitted their applications to join the alliance. UPI
VOA VIEW: Maybe Turkey wants out.

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COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
May 20, 2022

     Here is move fear mongering for more money to spend. The U.S. will have to limit the next generation of Covid vaccines this fall to individuals at the highest risk of getting seriously sick from the virus if Congress fails to approve funding to purchase the new shots, according to a senior Biden administration official.

     The official, who spoke on condition of anonymity, warned the U.S. faces a substantial surge of Covid infections this fall as immunity from the current vaccines wanes and the omicron variant mutates into more transmissible subvariants. The U.S. needs more money for next-generation vaccines, therapeutics and tests to prevent infections from turning into hospitalizations and deaths, the official said.

     Pfizer and Moderna are developing redesigned vaccines that target the omicron variant’s mutations to boost protection against infection. The current shots are still targeting the original virus strain that first emerged in Wuhan, China, in 2019. As the virus has evolved over the past two years, the vaccines have become less effective at preventing mild illness, though they generally still protect against severe disease. The Food and Drug Administration is expected to make a decision by early summer at the latest on whether the U.S. should switch to the redesigned shots for a fall vaccination campaign, with its advisory committee set to hold a meeting on June 28 to discuss the issue.

     However, the U.S. currently does not have enough money to purchase the new shots for everybody in the U.S. ahead of the fall, the official said. The U.S. Senate has failed so far to pass $10 billion in additional Covid funding for vaccines, therapeutics and testing despite Senate Majority Leader Chuck Schumer, D-N.Y., and Sen Mitt Romney, R-Utah, striking a deal in early April. The $10 billion Senate deal is less than half the $22.5 billion the White House originally requested. “We will be able to get some vaccines of the new generation but it’ll be a very limited amount and really only for the highest-risk individuals, but it will not be available for everybody,” the official said. The elderly and people with weak immune systems are the highest risk of severe illness from Covid.   What is not being mentioned is the amount of money that Biden has taken from Covid funds and moved them to fund illegal immigration.