Outgoing president Pierre Nkurunziza, 55, is said to have improved on Sunday, but “surprisingly, on morning of Monday June 8, 2020, his health suddenly deteriorated and he had a heart attack,” according to a government statement, which described the former footballer’s death as “unexpected.” Seven days of mourning has been announced following the death, which […]
REPORT: Over 95% of UK ‘Wuhan Virus’ Deaths Had ‘Preexisting Condition…
Over 95% of “COVID Deaths” recorded in England and Wales had potentially serious comorbidities, according to statistics released by NHS England. The latest figures make for pretty stark reading. Or, rather, they would make for stark reading…if they didn’t follow the exact same pattern already shown in other nations around the world. You can read […]
Secret Service Stopped $1B in Fraudulent Claims for Wuhan Virus Aid…
The Secret Service has identified and thwarted approximately $1 billion worth of fraudulent claims seeking federal aid amid the coronavirus pandemic, a senior government official told lawmakers. Michael D’Ambrosio, assistant director of the Secret Service’s Office of Investigations, testified before the Senate Judiciary Committee Tuesday that the agency has initiated more than 100 criminal investigations […]
Fed Expects Interest Rates to Remain Zero Through 2022, GDP to Rebound by 5% Next Year…
The Federal Reserve on Wednesday projected that interest rates will remain near zero through 2022 and pledged to continue supporting a U.S. economy devastated by the coronavirus pandemic and the related lockdowns. The Federal Open Market Committee, in a unanimous statement, reiterated previous guidance that the benchmark federal fund rate will stay at a range […]
House Republicans Propose Offering Americans a ‘Return to Work Bonus’…
House Republicans are proposing a $1,200 bonus for Americans returning to work as the coronavirus pandemic slows, providing an alternative to Democrats’ plan to extend the extra $600 a week in unemployment benefits included in virus-related stimulus legislation. Republicans on the Democrat-controlled House Ways and Means Committee cited an analysis from CBO to support their […]
S&P Erases 2020 Losses As Stocks Soar…
The S&P 500 on Monday erased its losses for the year, surpassing its closing level for 2019 as investors bet on a robust economic recovery from the coronavirus pandemic. The S&P 500 closed up 38.5 points, or 1.2 percent, at 3,232. That was 17 points higher than its close on New Year’s Eve. The Dow […]
Global Experts Go Head-to-Head Over Claims the Wuhan Virus ‘no longer exists clinically’…
A very public dispute has broken out between some of Italy’s, and the world’s, most high-profile doctors after one expert claimed the coronavirus “no longer exists clinically.” Dr. Alberto Zangrillo, the head of intensive care at the San Raffaele hospital in Milan in Lombardy (the epicenter of Italy’s coronavirus outbreak), caused a stir on Sunday […]
Wuhan Virus Killed the American Spirit. It’s Time for a Resurrection…
Thirty years ago, my family and I were refugees in Europe looking for a place to call home. My parents wanted to come to the United States. I asked my father, “Why America?” and his answer has always given me chills. He said, “The American spirit, what America stands for, American exceptionalism. A ‘never say […]
Bank Groups Ask for Automatic Forgiveness for Small Business Pandemic Relief Loans Under $150k…
Two major bank trade groups, the Consumer Bankers Association and the Bank Policy Institute, said Tuesday that Congress should grant automatic forgiveness for all pandemic relief small business loans less than $150,000. “These small businesses and their employees are the backbone of our nation’s economy and communities. Their time and resources would be better focused […]
Salaries Get Chopped for Many Americans Who Manage to Keep Jobs…
Companies across the U.S. are cutting salaries as they fight to survive the coronavirus, upending a key assumption in modern economics and raising another hurdle to rapid recovery. The hard numbers won’t be in for months, but anecdotal evidence is piling up. On earnings calls, big businesses including The Container Store Group and Lyft have […]
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