White House eyes additional cash for Pentagon, Homeland Security as virus outbreak widens
The request comes as congressional leaders are already eyeing a third economic stimulus package to help prop up a flailing economy.
White House eyes additional cash for Pentagon, Homeland Security as virus outbreak widens
The request comes as congressional leaders are already eyeing a third economic stimulus package to help prop up a flailing economy.
‘I don’t want to use the b-word’: Trump aides race to rescue the economy – POLITICO
— Read on www.politico.com/news/2020/03/12/trump-coronavirus-economy-127679
With all the hype around American “energy independence” in recent years, few in mainstream energy circles have dared call-out the underlying exposure and structural weakness of the unconventional oil and gas industry – which must guarantee a certain price per unit or barrel in order for producers to turn a profit. At these present levels, the industry is heading for a collapse.
— Read on 21stcenturywire.com/2020/03/12/joint-russia-saudi-oil-price-move-could-crush-a-fragile-fracking-industry-in-u-s/
Mr. Rosengren also suggested that the Fed should strike an “explicit agreement with the U.S. Treasury Department” to protect the central bank against losses if it were to buy a broader range of securities or assets.
— Read on archive.is/VCWEw
The analysis by the Economic Policy Institute posits that Medicare for all “would be unambiguously positive” for the labor market.
— Read on www.newsweek.com/bernie-sanders-medicare-all-would-likely-increase-wages-create-jobs-new-economic-analysis-shows-1490800
“The foundation of war is economics,” Tesla and SpaceX CEO Elon Musk said at the Air Warfare Symposium in Orlando, Fla.
— Read on www.cnbc.com/2020/02/28/musk-says-chinese-economy-will-surpass-the-us-by-two-or-three-times.html
A market meltdown. Surging recession fears. And a sudden spotlight on America’s health care system. Goldman Sachs is warning Wall Street that the coronavirus could cost President Donald Trump the
— Read on https://www.stltoday.com/business/coronavirus-could-cost-trump-the-election-goldman-sachs-warns/article_d2dc0a79-f33f-5626-93a0-3f6569711425.html
While top health agencies have warned that it is merely a matter of time before the virus spreads in the United States, Trump has seemed focused on controlling the narrative to prevent a financial crisis from getting in the way of his re-election campaign.
— Read on www.thedailybeast.com/donald-trump-wants-you-to-know-he-has-the-coronavirus-totally-under-control

Iran-Iraq Border Crossing Reopens
“Iran’s Health Minister said on Monday that the number of people who have died from the coronavirus in the country has risen to 12 and the total number of confirmed cases to 47.
Meanwhile, Kuwait and Bahrain reported their first cases of the virus, while Turkey, Pakistan and Armenia closed their borders with Iran.
Neighboring Afghanistan also introduced travel restrictions for Iranians.”
You must be logged in to post a comment.