Pandemic rings the changes
By ZHANG YUYAN | China Daily Global | Updated: 2020-11-24 07:48Evolving competition among the major economies will shape the post-pandemic global landscape in the next five yearsWhen the novel coronavirus broke out, the world was undergoing changes in the international order. The rapid spread of the virus has accelerated this process.In the short run, the world will see the worst economic downturn and unemployment since World War II due to the pandemic. The International Monetary Fund predicted in October the global economy would contract by 4.4 percent in 2020. In the mid-to-long run, the wor...
US Renters Need More Support in Pandemic
https://www.hrw.org/sites/default/files/media_2020/11/202011us_business_evictions.jpgWith negotiations concerning a new economic stimulus stalled, millions of renters in the United States face a grim deadline. On December 31, the national eviction moratorium expires. The Centers for Disease Control and Prevention (CDC) issued the moratorium in September, limiting landlords’ ability to evict tenants who cannot afford to pay rent. But even with this protection, there have been multiple reports of renters being forced from their homes after falling behind on payments. Such tenants need rental ass...
Human Rights Watch - News
Nigeria Should Embrace MRNA Vaccine To Conquer COVID-19 Pandemic
The novel coronavirus (COVID-19) pandemic has demonstrated its potent ability to afflict and paralyze social and economic systems with no regard for techno-economic status.Quite frankly, social distancing, the use of face masks, hand washing and hand sanitizers are effective but temporary measures that can contain and curtail the spread of coronavirus with its status of global pandemic.NRC Explains Breakdown Of Abuja-Kaduna Train, Apologises To PassengersI’ll Not Join Political Enemies To Discredit Tinubu – FayoseThe development and widespread distribution of vaccines, however, remains the mos...
Entrepreneurship Is Accelerating at the Fastest Rate in Decades During This Pandemic
As officials in many areas impose new pandemic lockdowns and restrictions going into the holiday season, things can seem bleak. Depression rates are up, people are fleeing cities in droves, elected leaders regularly violate their own orders, and fraud is rampant in the government’s COVID-19 stimulus programs.It’s understandable to feel frustration and despair.But more Americans are pushing past the grimness to create and invent during this challenging time. Entrepreneurship continues to soar during the pandemic, as displaced dreamers and imaginative doers spot new opportunities and build new b...
Foundation for Economic Education
Pandemic drives up US pet ownership
Animal shelters across the United States are experiencing a pet-adoption boom, especially for dogs, as the COVID-19 pandemic causes isolation at home and feelings of loneliness.The demand also is hitting pet stores and dog breeders, with some reporting waiting lists into 2021.The surge in pet adoption began in March when COVID-19 lockdowns started. According to a report from a Detroit affiliate of ABC News, Detroit Dog Rescue received 350 applications for foster dogs in the first two days of the city's shutdown.Now Michigan Humane reports that its weekly adoption rate is up by around 16 percen...
China Daily US edition
COVID-19: Pandemic sees number of expats in Kuwait drop from 3.3 million to 2.65 million
Kuwait City: As the government began cracking down on illegal permit holders, companies also started laying off employees and the financial burden increased, all of which were exacerbated by the COVID-19 pandemic with many expats deciding to leave Kuwait.Prior to the pandemic, it was estimated that there were around 3.3 million expats residing in Kuwait. That number has gone down in recent months, according to official figures reported by Al Rai, to around 2.65 million.There are around 365,000 expats stranded abroad due to COVID-19 travel restrictions, of which 147,000 residency permits have e...
Gold Nears June Lows as Vaccine News Jostles With Pandemic
Investing.com -By Barani KrishnanInvesting.com - Gold prices came near to testing June lows hit nearly nearly two weeks ago as investors juxtaposed news of vaccine developments for Covid-19 and the relief those could bring with spiking virus cases around the country.U.S. gold futures for December delivery settled down $12.40, or 0.7% at $1,861.50. This was despite rival dollar sliding into the negative territory late into the session — a dynamic that would have normally boosted gold prices. Earlier in the day, December gold fell to $1,850.45 — just a little shy of the five-month low of 1,848 h...
Pandemic dwarfs typhoon problems
The COVID-19 pandemic that has disrupted our lives, infected at least 410,720 and killed 7,862 of us, is far more treacherous and devastating than the seasonal typhoons blowing through these parts.For the past nine months, the coronavirus has been the top grim reaper. In contrast, only nine days after the last typhoon casualty was buried and damaged dwellings were patched up, those who survived the wrath of the long-abused environment have started resuming their normal lives.Weather forecasting has so advanced that scientists can predict with astounding accuracy the speed, direction and magnit...
Pandemic casts shadow over India's festival of light
Fear of the coronavirus, mixed with chronic pollution, has spoiled the party for hundreds of millions of Indians celebrating the biggest Hindu holiday of the year on Saturday.Diwali is meant to be the festival of light, but the pandemic has clouded the future for many in the country of 1.3 billion.The smog-shrouded capital New Delhi has banned firecrackers because of sky-high pollution levels and, while people still thronged markets, traders said Covid-19 had scared them off spending.With 8.7 million cases, India has the world's second-highest coronavirus infection count behind the United Stat...
Pandemic gives chance for reflection as well as progress
The lasting effects of the recent pandemic are unknown. It is highly likely that the ways in which we work, communicate, and socialize have been altered forever and that we will never return to what we once believed to be our “norm”.Whilst change is not always for the better, it certainly provides a window for reflection, and more importantly an opportunity to innovate and find new ways to succeed. Many positives have indeed arisen from the immense challenges faced by millions over the past few months; perhaps the most rewarding being a renewed spirit of community and a deeper understanding ab...