Posts in tag

economy


WASHINGTON (AP) — The government is poised Thursday to deliver a double-dose of sobering news — on the devastation the coronavirus caused the U.S. economy last quarter and the damage it continues to inflict on the job market. The pandemic is believed to have caused the economy to shrink during the April-June period at an …

Africa, Food & Agriculture, Headlines Food & Agriculture Many of the tools needed to tap into the potential of Africa’s livestock sector exist already. But with limited resources, they must be deployed smartly to improve the entire value chain. Credit: Miriam Gathigah/IPS KAMPALA, Jul 24 2020 (IPS) – There is no shortage of technological innovations …

President Donald Trump discussed a proposed round of federal stimulus aid with House Minority Leader Kevin McCarthy, R-Calif., (left) and Senate Majority Leader Mitch McConnell, R-Ky., (center) in the Oval Office on Monday. Photo by Doug Mills/Getty Images Enhanced unemployment benefits are likely ending sooner than many may realize. That could impose financial hardship on …

The European Commission will borrow the money on financial markets and distribute just under half of it — €390 billion euros ($446 billion) — as grants to the hardest hit EU states, with the rest provided as loans. Leaders also agreed a new EU budget of nearly €1.1 trillion ($1.3 trillion) for 2021-2027, creating combined …

Mumbai to relax testing restrictions, raising hopes country will follow Amy Kazmin in New Delhi India’s financial capital, Mumbai, will allow walk-in coronavirus testing without a doctor’s prescription — setting a precedent for a needed loosening of what has been a highly restrictive coronavirus testing policy. India, which has the world’s third-highest known coronavirus burdens, …

HONG KONG (Reuters) – As soon as Hong Kong’s new national security law came into force last week, Ivan Ng removed all the protest-themed paintings, posters and flags from the list of items for sale at his Onestep Printing shop. FILE PHOTO: Memo papers with protest slogans are seen outside a “yellow” restaurant, a business …

So Ms. Childers, 30, signed up for Cobra, which lets laid-off workers stay on their former employer’s health plan for 18 months under federal law, but requires them to pay the full cost unless the employer chooses to help. She is paying $560 a month — substantially more than a subsidized plan would cost at …

Dave McKay is CEO of Royal Bank of Canada and Joe Natale is CEO of Rogers Communications Our technology infrastructure has played a critical role in helping Canadians manage their way through the COVID-19 crisis so far. Almost 40 per cent of Canada’s work force found ways to work remotely. Two million college and university …

Senator Ron Wyden, a Democrat from Oregon and ranking member of the Senate Finance Committee, speaks during a hearing in Washington, D.C., U.S., on June 9 about unemployment insurance during the Covid-19 pandemic. Leah Millis/Reuters/Bloomberg via Getty Images The enhanced unemployment benefits supporting household income for millions of jobless Americans will soon lapse. Lawmakers, scrambling …

PHILADELPHIA (CBS) — There’s no evidence that COVID-19 is getting worse in the tri-state region. Pennsylvania, New Jersey and Delaware all continue to see a reduction in cases and are headed into different phases of reopening. The feared increase in cases of COVID-19 related to protests has not happened yet. Health officials say they won’t …