Archive for the 'Economy' Category
U.S. Health Officials Urge Americans to Prepare for Spread of Coronavirus
February 25th, 2020Via: Reuters: The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted Americans to begin preparing for the spread of coronavirus in the United States after infections surfaced in several more countries. The announcement signaled a change in tone for the Atlanta-based U.S. health agency, which had largely been focused on efforts to […]
The Last Gas Cars Roll Off GM’s Detroit-Hamtramck Plant This Week
February 24th, 2020Via: Electrek: Last Thursday, the body of the last Chevrolet Impala inched down the assembly line at GM’s Detroit-Hamtramck plant. Employees gathered around the car, snapping pictures of the final internal-combustion vehicle to be made at the storied Detroit plant. It will roll off the assembly line this week. On Friday, roughly 800 General Motors […]
Dow Plunges 1,000 Points as Coronavirus Cases Outside China Jump
February 24th, 2020Oil down 4.9% at the moment. Via: USA Today: Global financial markets were jolted Monday after a significant rise in coronavirus cases outside of China revived concerns about a potential economic fallout from the outbreak. The Dow Jones industrial average plunged 1,000 points, or 3.3%, erasing its gains for the year. The losses puts the […]
Coronavirus: The Pandemic Is Accelerating Worldwide
February 21st, 2020Via: Peak Prosperity:
Sweden Is Now Testing Digital Version of Cash, the e-Krona
February 21st, 2020Via: MIT Technology Review: The Riksbank, Sweden’s central bank, has announced the launch of a year-long pilot project of its proposed e-krona. The project will use distributed ledger technology inspired by the blockchains that run cryptocurrencies. Cashless in Sweden: Physical cash is headed toward obsolescence in Sweden. Nearly everyone uses a mobile payment application called […]
CHINA: 92% PERCENT DROP IN CAR SALES IN FIRST HALF OF FEBRUARY
February 21st, 2020Via: South China Morning Post: A 92 per cent drop in car sales in China in the first half of February provided the first real indicator of the economic impact of the coronavirus epidemic, with officials also warning of a sharp decline in Chinese exports and imports for the first two months of the year. […]
Coronavirus: China’s Manufacturing Supply Chain Pummelled from All Sides in Efforts to Restart
February 21st, 2020Let me know if you start to notice product shortages, or unusual events related to the coronavirus situation. Assuming anything major is going to happen outside of China, my guess is that a lot of mainstream media will go with censorship, diversion, and lies for as long as possible. The only obvious coronavirus related shortages […]
Coronavirus Infections Outside Of China Are Growing Exponentially
February 20th, 2020Via: Peak Prosperity:
Cruise Ship Is a Coronavirus Factory
February 19th, 2020Via: The Times: Japan’s incompetent quarantining of thousands of passengers on a British cruise ship created a “coronavirus machine” that risks further spreading the disease, one of the country’s leading experts has said. Kentaro Iwata, a professor of infectious disease, condemned the decision to release most of the passengers following two weeks of quarantine today […]
How China Is Working to Quarantine the Truth About the Coronavirus
February 19th, 2020“Censorship, diversion, and lying.” Google’s core principals? *I crack myself up* This piece is useful in understanding state behavior, in general, and their large, lapdog media and social networking organizations. Via: DefenseOne: In its battle to contain the coronavirus, the Chinese government has undertaken a wide range of measures, from shutting down cities to using […]
