‘First fight the war, then figure out how to pay for it,’ warns Carmen Reinhart. Borrow to fight economic impact of pandemic, says @WorldBank Chief
RT @nhatassi: My uncle Jamal writing in the Damascus countryside, 1966. https://t.co/f4vYA7u3mV
The corona crisis is an inequality shock. For holders of College degrees the American jobs crisis is largely over. For those with less than high
Building “situations of strength” around the world was a core strategic concept of Harry Truman’s Secretary of State Dean Acheson. Apparently many influential folks in
Fed estimates that in June 2020 top 10% of U.S. households hold 69% of wealth ($77.3 trn), up from 60.9% share 1989. Gain mainly due
The labour market recovery in the US has left 12 percent of Black and Hispanic women without the jobs they had in February. wsj.com/articles/the-c… https://t.co/H53lRE6NNJ
The Millennial generation, born between 1981 and 1996, control just 4.6% of U.S. wealth even though they are the largest in the workforce with 72
10% of Americans hold more than 88% of shares. The top 1 % own 50%. bloomberg.com/news/articles/… https://t.co/sYBIO0TrZe
Since 2000 intensive cropping and reforestation has significantly increased foliage and tree cover in India and China. @NASA Sattelites pick up a counter-intuitive trend. nasa.gov/feature/ames/h…
According to latest data, the 50 richest people in the US, are worth almost $2 trillion, according to the Bloomberg Billionaires Index, up $339 billion
Time to die: cancellation of film releases is obviously devastating for cinemas. But this @FT explainer is excellent on why it is so damaging to
"An industry economist estimates more than 1 m hogs & pigs have been euthanized this year in US. Iowa has paid more than $3 m
This looks interesting: Democratizing Our Data A Manifesto By Julia Lane A wake-up call for America to create a new framework for democratizing data. mitpress.mit.edu/books/democrat…
Alarming report on lax FDA supervision of clinical trials by @ScienceMagazine despite rising budget. science.sciencemag.org/content/370/65… https://t.co/LqFzsQ07lx
In 2020 the number of Americans in poverty was lower than in 2019. Over 13 million more people would have been in poverty without unemployment
The impact of corona shock on global GDP on day by day basis estimated by @GoldmanSachs from lockdown index. Via @SoberLook thedailyshot.com/2020/10/07/us-… https://t.co/Ey16uyY940
China heads four of the 15 UN* and UN-affiliated agencies or groups that collectively function as the machinery of the UN system. “The fault is
RT @CalibreObscura: A recent image of a gun shop in #Idlib. Lots of weapons can be seen, including AK-74, AK-74M/AK-103, AKM/S, PSL, Star…
RT @engineers_feed: This day on October 8, 1871, flames spark in the Chicago, igniting a two-day blaze that kills between 200 and 300 peopl…
US and Uk households have accumulated substantial volume of “excess” savings during 2020 shock. Via @SoberLook https://t.co/trAomoKkGU
RT @EricTopol: And today @nature weighed on this in with a feature nature.com/articles/d4158… by @jefftollef https://t.co/Brzb1jLHaT
RT @eisingerj: Chicago School coming in for a beating here at Chicago's @StiglerCenter conf on antitrust. This slide from Gary Reback. http…
RT @LeBrunJames81: Today in 1571, the Holy League smashed the Ottoman Empire at the Battle of Lepanto; the last major all-galley engagement…
How Germany could step around its debt brake to finance investment important new study out from @IMKFlash tomorrow. @SDullien Report by @schieritz online at @zeitonline
RT @theharshdesai: Indeed, an amazing map from the @WorldBank's Poverty and Shared Prosperity 2020 report. All of the report is worth readi…
RT @Brad_Setser: As @michaelxpettis noted in response to the FT's story on the US trade deficit, the US really has been the locomotive powe…
Remarkable document of the prosaic workmanlike business of much of modern war. The moment of firing is simply a pull on a trigger, recoil contained,
Cyclone Idai in 2019 gave warning: the overlay of poverty and flood risk across Sub-Saharan Africa, home to more than half of 588 m poor
In 2018, half of the poor were children younger than age 15, even though this age group accounted for only a quarter of the world’s
Globally, some 1.47 billion people are estimated to be living in areas with high flood risk. Of those 588m live on less than $5.50 per
"In 2020, an estimated 88 m people worldwide will be pushed into poverty under the baseline COVID-19 scenario and as many as 115 m people
WARNING from the @WorldBank Corona shutdowns -> poverty as measured by the international poverty line is expected to rise in 2020 for the first time
RT @jeannasmialek: Welp. "In addition, most forecasters were assuming that an additional pandemic-related fiscal package would be approve…
RT @DrRadchenko: Khrushchev and Mao Zedong on the future world government. Surely counts among the strangest conversations among world lead…
RT @davies_will: If I was running a business whose vast profits were made on the back of grant-funded research, unpaid peer reviewing and e…
RT @RobinBrooksIIF: Wider US trade & current account deficits aren't due to Asian FX manipulation or failure of US tariffs. Instead, they'r…
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