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News Article

8,458 Daily Cases Sets New Record

By Ricardo Guzman | Fri, 07/31/2020 - 21:02

The Ministry of Health recorded 8,458 new confirmed COVID-19 cases in Mexico setting a new 24-hour record and raising the accumulated positive cases to 424,637. A further 688 new deaths from the virus brought the national death toll to 46,688. Today’s new record is only 20 cases less of the prior record of 8,438 cases set on July 23.

After today’s results, Mexico surpassed the UK and climbed to third country in the world in according to Johns Hopkins University data (JHU). Second place is Brazil with almost double of deaths than Mexico, while the US is on top with almost 25 percent of the global deaths.

The new federal traffic light splits Mexico in half. States in orange are Aguascalientes, Baja California, Campeche, Chiapas, Chihuahua, Mexico City, State of Mexico, Guanajuato, Guerrero, Morelos, Oaxaca, Querétaro, Quintana Roo, Sinaloa, Sonora, and Tlaxcala, while the rest remain in red.

 

As of Friday, July 30

8,458     new cases (from yesterday)

424,637 confirmed cases nationwide

90,022   under investigation

46,688   deaths

 

Impact on markets (19.30 hrs)

US Dollar              MX$22.21            (0.59%)

BMV IPC               37,019.68             (-0.32%)

Dow Jones          26,428.32             (0.44%)

 

Nine governors call for López-Gatell resignation

The Federalist Alliance of Governors requested the immediate resignation of Deputy Minister of Health Hugo López-Gatell after Mexico’s containment strategy for the COVID-19 pandemic has failed. “Governors of 40 million Mexicans demand that the federal government to immediately remove Hugo López-Gatell,” the governors of Aguascalientes, Coahuila, Colima, Durango, Guanajuato, Jalisco, Michoacán, Nuevo León and Tamaulipas wrote in a signed joint letter. Governors said there is no reason to justify the failed strategy that has cost the lives of tens of thousands of Mexicans and lamented that the use of masks was turned into a political affair.

 

New daily record: 292,527 infections

The World Health Organization (WHO) reported 292,527 infections of new COVID-19 in the last 24 hours, setting a new daily increase. Again, the US, Brazil, India and South Africa reported the greatest increases. The previous daily record was set on July 24 with 284,196 confirmed positive cases. In July, daily deaths averaged 5,200 cases, up from 4,600 in the previous month.

 

Mexico City unchanged at orange light

Despite a slight decrease in hospital bed occupancy, Mexico City will continue on the “orange traffic light and on alert” Head of Government Claudia Sheinbaum reported after the local Minister of Health initially assessed the possibility to downgrade the red light. Sheinbaum also announced that next week working hours in restaurants will be extended since they haven’t reached even reached 30 percent of occupancy. Starting Monday, restaurants will be allowed to open 7 am, instead of 11 am.

 

Mexico joins Sanofi’s third phase research

Mexico will participate in Sanofi’s final phase of tests in the project to develop a COVID-19 vaccine, Minister of Foreign Affairs (SRE) Marcelo Ebrard said. “It is the first confirmed phase 3 protocol to be carried out in Mexico, at no cost to our country,” Ebrard said and explained that Mexico is included in the group of 35,000 volunteers in which the vaccine will be tested globally by the French laboratory.

 

Peso ends July with gains

After a second straight week of increases the peso ended a three-month drought without registering gains and appreciated 3.25 percent in July, according to Banxico data. After today’s trading the Mexican currency depreciated 0.58 percent, bringing the exchange rate to MX$22.21 per dollar.

 

Effects of pandemic will last for decades: WHO

World Health Organization (WHO) head Tedros Adhanom Ghebreyesus warned that the effect of the pandemic will last for decades. “This pandemic is a health crisis only experienced once in a century, and its effects will last for decades,” he said while opening the fourth Emergency Committee meeting, six months after the pandemic started.

Ricardo Guzman Ricardo Guzman Editor