By Kevin Mcgill and Matthew Brown 18 April 2020 NEW ORLEANS (AP) – Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be huge but the risks are greater than ever. Industry leaders and […]
13 April 2020 (CRFP) – The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits. Due to the effects of the crisis and legislation enacted to combat it, debt and deficits will now grow much higher, to never-before-seen levels both in dollars and as a share of Gross Domestic […]
By Paul Wiseman and Martin Crutsinger 14 April 2020 WASHINGTON (AP) – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast. The IMF said Tuesday that it expects the global economy to […]
By Heather Long 2 April 2020 (The Washington Post) – More than 6.6 million Americans applied for unemployment benefits last week — a record — as political and public health leaders put the economy in a deep freeze, keeping people at home and trying to slow the spread of the deadly coronavirus. The past two […]
By Jason Murdock 27 March 2020 (Newsweek) – Heat maps created using data from citizens’ mobile devices are demonstrating just how quickly potential novel coronavirus cases can spread throughout the U.S. Location data from U.S. mobile technology company X-Mode is being fed into a mapping platform called Tectonix to analyze human movements during the COVID-19 […]
By Ryan O’Hare 26 March 2020 (Imperial College London) – The outbreak of COVID-19 would likely have caused 40 million deaths this year in the absence of any preventative measures. This is one of the findings of a new analysis by researchers at Imperial College London, which estimated the potential scale of the coronavirus pandemic […]
26 March 2020 (Desdemona Despair) – The world reached an unhappy milestone today, as the number of confirmed cases of SARS-CoV-2, aka novel coronavirus, exceeded a half-million. More than 23,000 deaths have been reported globally. As Dr. Tedros Ghebreyesus, Director-General of the World Health Organization, observed three days ago, “It took 67 days from the […]
By Madeline Holcombe and Sean O’Key 23 March 2020 (CNN) – As millions of Americans are kept from work, school and most public places as coronavirus is on the rise, satellite images show pollution on the decline.Images taken over the first three weeks of March show less nitrogen dioxide over parts of the United States than […]
20 March 2020 (Sustainable Development Solutions Network) – […] We next examine the global pattern of positive and negative affect in the third and fourth panels of Figure 2.2. Each figure has the same structure for life evaluations as in the first panel. There is no striking trend in the evolution of positive affect, except […]
By Quoctrung Bui and Justin Wolfers 19 March 2020 (The New York Times) – Numbers released on Thursday by the Labor Department — as well as a preliminary analysis of even more recent data — provide the first hard confirmation that the new coronavirus is bringing the United States economy to a shuddering halt. The […]