Lebanon suicides spark outrage at govt over economic crisis
Two suicides in Lebanon on Friday, apparently linked to the country's deepening economic downturn, have sparked a new wave of criticism over the government's mishandling of the crisis.A 61-year-old man from the eastern region of Hermel shot himself on the sidewalk of a bustling Beirut shopping street in broad daylight, leaving a note and his clean criminal record at the scene.The note referenced a popular revolutionary song that mentions hunger, suggesting his suicide was linked to the economic crisis that has been ravaging livelihoods across the country."He killed himself because of hunger," ...
New French PM Castex takes helm: 'I'm not here for limelight – I'm here for results'
France's new prime minister, Jean Castex, warned on Friday that the coronavirus pandemic was not over and an economic crisis was already making itself felt, as he took the helm of President Emmanuel Macron's government."The economic crisis is already here," Castex said, praising outgoing prime minister Édouard Philippe outside the official premier's residence. Macron named Castex earlier on Friday to launch a new phase of his presidency."Priorities will therefore have to evolve, ways of working will have to be adapted. We will have to unite the nation to fight this crisis that is setting in."C...
Japan business confidence worst since 2009 crisis
Tokyo (AFP) - Confidence among major Japanese manufacturers has plunged to its worst level since the global financial crisis, a key survey showed Wednesday, as the coronavirus dries up global demand.The Bank of Japan's June Tankan business survey -- a quarterly poll of about 10,000 companies -- showed a reading of minus 34 among big manufacturers, the lowest since June 2009 when worldwide financial shocks hammered the planet's third-largest economy.It was the biggest quarterly drop since early that year, and even worse than analysts had feared after the index turned negative in March."These fi...
Boeing rival Airbus will cut 15,000 jobs as aviation's pandemic crisis worsens
Airbus said Tuesday it needs to cut 15,000 jobs — or 17% of its commercial jet workforce — within the next year in response to the COVID-19 crisis that has devastated the airline business.“Airbus is facing the gravest crisis this industry has ever experienced,” said Airbus CEO Guillaume Faury. “The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic. Now, we must ensure that we can sustain our enterprise … adjusting to the overwhelming challenges of our customers.”The company said after an “in-depth analysis of customer demand,” it does not expect ...
The Seattle Times
Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'
Paris (AFP) - European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.The cuts are to be implemented by the summer of 2021, Airbus said in a statement, and follow a drop of nearly 40 percent of the commercial aviation business in recent months."With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures to reflect the post COVID-19 industry...
Yair Lapid warns of huge crisis if "angry Democrats win"
If Democrats who are angry at Prime Minister Benjamin Netanyahu for aligning himself with US President Donald Trump and the Republicans take over the White House, Senate and House of Representatives, there will be a "huge crisis" for Israel, opposition leader Yair Lapid warned at Tuesday's Jerusalem Post Conference.Speaking in an interview with Jerusalem Post editor-in-chief Yaakov Katz, Lapid said Israel must prepare for the possibility that Trump will be replaced by presumptive Democratic candidate Joe Biden in the November 3 election."There is a breakdown in bipartisan ties, and it’s Netany...
Jpost.com - The Jerusalem Post online edition
Coronavirus: 80% of Abu Dhabi residents believe COVID-19 crisis has strengthened family bonds
Abu Dhabi: An emirate-wide survey in Abu Dhabi has found that 80 per cent of residents believe the coronavirus crisis has strengthened family bonds, and has allowed them to spend more time with their children.The crisis has also caused 87 per cent of survey respondents to change their lifestyles, especially in terms of an avoidance of public places, the survey discovered.The poll, which focused on life during the coronavirus, was conducted by the Department of Community Development (DCD). The DCD supervises community wellness in the emirate, and highlights the main challenges faced by the popu...
Lowe's giving workers another round of bonuses during COVID-19 crisis
Lowe’s Home Improvement workers will see another bonus during the novel coronavirus pandemic.The company on Monday announced another $100 million in bonuses for hourly workers in U.S. stores, distribution centers and support centers in mid-July. Full-time workers will receive $300, and part-time and seasonal associates will receive $150 – matching previous bonuses by the company in March and May.“This year has been full of challenges and uncertainty, and we are tremendously grateful for the hard work, dedication and commitment of our front-line associates,” said Marvin Ellison, Lowe’s CEO and ...
The Charlotte Observer
Has COVID-19 provoked a crisis of faith in Georgia's Orthodox church?
Georgian Orthodox priests spray holy water on the streets of the capital, Tbilisi, on March 17. Photo (c): Mariam Nikuradze / OC Media. Used with permission.The COVID-19 pandemic has affected the world highly unevenly; Georgia has surprised the world with its success in the fight against the virus.There are different explanations for that success, including accusations that the true scale and real statistics are being hidden (according to the Johns Hopkins University Map, on June 29, the country had 926 confirmed cases and 15 deaths). Whatever the real story turns out to be, the first wave app...
Cebu archbishop pleads for stop to word war amid COVID-19 crisis in the city
Stop hurting one another.This was the appeal of Cebu Archbishop Jose Palma to Cebuanos amid the word war between people, including local government officials, over the handling of the coronavirus disease (COVID-19) crisis here.In a pastoral statement released on Tuesday, June 30, the 70-year-old prelate said growing fears have taken its toll on people to the point that many have become perpetually frustrated at the seemingly expanding threats of the virus with no visible solution in sight.“Our emotions are scarred and we tend to be raw in our reaction to our circumstances and our responses to ...
Philippines Daily Inquirer