Tag Archives: pandemic

Over the last nine months, the 651 billionaires who call the US home have increased their wealth by a whopping $1.06 trillion, according to a report published Tuesday by Americans for Tax Fairness and the Institute for Policy Studies. Far from being negatively impacted by the pandemic-related economic shutdowns, the …

According to a new study from the United Nations Development Program (UNDP) released this week, a “high-damage” scenario would mean a protracted recovery from the pandemic. The report anticipates that 80 percent of the pandemic-induced economic crisis would persist for over a decade, stalling the pre-pandemic growth trajectory.  A “baseline Covid” …

It is hard to determine exactly at what point the hardworking scientists from Pfizer, BioNtech, AstraZeneca, Moderna and Oxford University found themselves in a ‘race’ to find a vaccine, but that is the narrative we’ve been asked to adopt by politicians since the Covid-19 virus seized the world in a …

“This crisis is devastating and unrelenting. Airlines have cut costs by 45.8 percent, but revenues are down 60.9 percent. The result is that airlines will lose $66 for every passenger carried this year for a total net loss of $118.5 billion. This loss will be reduced sharply by $80 billion …

According to the company’s filing to the US Securities and Exchange Commission, the layoff of 32,000 workers, which is 4,000 more than Disney had earlier announced, will happen in the first half of its fiscal year which began in October. Earlier this month, Disney announced plans for additional redundancies from …

Speaking at the virtual G20 summit of international leaders on Saturday, Putin warned that, “despite some positive signals, the main risk is still the so-called stagnant mass unemployment with a subsequent increase in poverty and social disorder.” “The coronavirus epidemic, the global lockdown and the freezing of economic activity launched …

Researchers at Vanderbilt University Medical Center figured out that children have lower levels of a receptor protein that SARS-CoV-2 – the virus that causes Covid-19 – needs to invade the lungs. “Our study provides a biologic rationale for why particularly infants and very young children seem to be less likely …

“Time to get creative, folks,” Ocasio-Cortez tweeted Thursday night after Politico reporter Erin Durkin said the progressive politician will gather with her family members for the holiday on a Zoom call. Ocasio-Cortez’s adoring followers praised her idea and thanked her for “modeling responsible behavior.” Some offered ways to tweak the …

Slowly, evidence begins to emerge. Today, it’s the turn of OFSTED, the body responsible for inspecting the UK’s educational establishments, to appear in the witness stand. Its newly released report, based on 900 visits to schools and nurseries, details the extent to which children fell behind with their learning and …

General Nick Carter, the chief of the UK’s defence staff, said the “rhythm” of history suggested that the outbreak of global conflict is a possibility because of the uncertainties caused by the coronavirus.  The general cautioned that Britain and the international community would need to learn from history in order …