Archive for April, 2020
Fewer Than Half of Working Americans Will Have a Paycheck in May
April 24th, 2020Via: Business Insider: The millions of Americans who have lost their jobs in recent weeks due to the coronavirus pandemic will have a devastating effects on the economy going forward as workers are left without pay. Losses in April alone could push the unemployment rate to 16%, according to James Knightley, chief international economist at […]
World Food Programme Warns at Least 30 Million People Could Die of Starvation During Pandemic
April 24th, 2020Via: The Globe and Mail: The head of the World Food Programme, who recently recovered from COVID-19, says at least 30 million people could die of starvation if the UN agency doesn’t receive critical funding needed to feed the world’s most vulnerable during the global pandemic. David Beasley, executive director of WFP, says the organization […]
Will Covid-19 Speed Up the Use of Robots to Replace Human Workers?
April 24th, 2020Via: BBC: For better or worse the robots are going to replace many humans in their jobs, analysts say, and the coronavirus outbreak is speeding up the process. “People usually say they want a human element to their interactions but Covid-19 has changed that,” says Martin Ford, a futurist who has written about the ways […]
565 Americans Have Lost Their Jobs For Every Death With COVID-19 In The U.S.
April 23rd, 2020Via: ZeroHedge: And as we noted previously, what is most disturbing is that in the last five weeks, far more Americans have filed for unemployment than jobs gained during the last decade since the end of the Great Recession… (22.13 million gained in a decade, 26.46 million lost in 5 weeks) Related: “Largest And Most […]
Bankruptcy Looms Over U.S. Energy Industry, from Oil Fields to Pipelines
April 22nd, 2020Just print more trillions. Via: Reuters: U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as they struggle under heavy debt loads and a dual supply/demand shock in the worst crisis the oil industry has faced.
Flaw in iPhone, iPads May Have Allowed Hackers to Steal Data for Years
April 22nd, 2020Via: Reuters: Apple Inc is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers. The bug, which also exists on iPads, was discovered by ZecOps, a San Francisco-based mobile security forensics company, while it was investigating a sophisticated cyberattack against a client […]
Small Business Rescue Earned Banks $10 Billion In Fees
April 22nd, 2020Via: NPR: Banks handling the government’s $349 billion loan program for small businesses made more than $10 billion in fees — even as tens of thousands of small businesses were shut out of the program, according to an analysis of financial records by NPR. The banks took in the fees while processing loans that required […]
CDC’s Failed Coronavirus Tests Were Tainted with Coronavirus
April 22nd, 2020Via: Ars Technica: As the new coronavirus took root across America, the US Centers for Disease Control and Prevention sent states tainted test kits in early February that were themselves seeded with the virus, federal officials have confirmed. The contamination made the tests uninterpretable, and—because testing is crucial for containment efforts—it lost the country invaluable […]
Trump Instructs U.S. Navy to Destroy Iranian Gunboats ‘If They Harass Our Ships at Sea’
April 22nd, 2020Via: Reuters: President Donald Trump said on Wednesday he had instructed the U.S. Navy to fire on any Iranian ships that harass it at sea, a week after 11 vessels from Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) came dangerously close to U.S. ships in the Gulf.
The Characteristics of an Initiation Ritual
April 22nd, 2020Via: Truthstream Media:
