4 June 2020 (The Juice Media) – Hello, I’m from the Australian government. As we head into the worst economic recession in living history, what the nation needs now is leadership, evidence-based policies, and bold vision. And fucked if we have those. So instead, we’ve cooked up something else. That’s right, while you’ve been in […]
By Hannah Ellis-Petersen and Shaikh Azizur Rahman 21 May 2020 KOLKATA (The Guardian) – The Indian city of Kolkata has been left devastated by the worst cyclone it has seen in 100 years, which swept through India and Bangladesh on Wednesday and killed at least 84 people. Kolkata, home to almost 15 million people, bore […]
By Andrew Freedman and Joanna Slater 19 May 2020 (The Washington Post) – Category 3 Tropical Cyclone Amphan is barreling northward toward the mouth of the Bay of Bengal on Tuesday and is forecast to make landfall in West Bengal, India, just south of Kolkata, on Wednesday. The storm is prompting officials in the states […]
By Heather Long 8 May 2020 (The Washington Post) – The U.S. unemployment rate jumped to 14.7 percent in April, the highest level since the Great Depression, as most businesses shut down or severely curtailed operations to fight the deadly coronavirus. The jobless rate was pushed higher because 20.5 million people lost their jobs last […]
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 Elliot Smith 23 March 2020 (CNBC) – Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic. The region was the standout performer for economic growth in the subcontinent prior to the locust outbreak, which threatens the food security […]
25 March 2020 (BBC News) – India’s Prime Minister Narendra Modi has imposed a nationwide lockdown in an attempt to slow the spread of the coronavirus. The restrictions came into force at midnight local time (18:30 GMT) and will be enforced for 21 days. “There will be a total ban on venturing out of your […]
By Joe Parkin Daniels 23 March 2020 BOGOTÁ (The Guardian) – Death squads in Colombia are taking advantage of coronavirus lockdowns to murder rural activists, local NGOs have warned. When cities across the country introduced local quarantine measures last week, three social leaders were killed, and as the country prepares to impose a national lockdown […]
