Tag Archives: economy

“…study reveals Britain’s top 1% enjoy 17% of nation’s income”

“A study by Warwick University, the London School of Economics (LSE) and the Resolution Foundation – which took into consideration the concentration of taxable capital gains – showed that the top one percent had a larger slice of the income pie … Continue reading

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“Dump the dollar: Russia has now gotten rid of over 96% of its US debt holdings”

“Moscow has continued to sell off US Treasury securities, cutting its stockpile by US$8.73 billion in March, according to the latest data from the US Department of the Treasury. Russia’s holdings of US state debt amounted to $3.8 billion in … Continue reading

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“California becomes the first state to borrow money from the federal government to pay unemployment claims”

“As reported by CBS Sacramento, California has become the first state to borrow from the federal government to meet these demands, with the Employment Development Department (EDD) confirming that the state has borrowed $348 million from the government to cope with … Continue reading

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“Trump: Coronavirus ‘bailouts’ for blue states are unfair to Republicans”

“President Donald Trump said that increased federal funding to help states recover from the coronavirus pandemic is unfair to Republicans, “because all the states that need help — they’re run by Democrats in every case.” “You look at Illinois, you … Continue reading

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“Chinese tourism begins to recover… revenue still down almost 60%”

“Chinese tourists made 115 million trips during the May Day holiday. While short of last year’s figures, the hard-hit tourism industry could be slowly rebounding after the Covid-19 crisis. The five-day holiday that started on May 1 in China generated … Continue reading

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“Thousands of desperate Americans line up at food banks as coronavirus unemployment toll skyrockets”

“By early April, over 16.8 million Americans had filed for unemployment benefits – a number so large and unprecedented that labor departments nationwide have been completely overwhelmed, creating a massive backlog of applications…” https://www.naturalnews.com/2020-05-04-thousands-of-americans-food-banks-coronavirus-unemployment.html Being afraid of a virus isn’t so … Continue reading

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“Boeing lays off 16,000 employees because nobody is ordering new planes due to the coronavirus pandemic”

“More than 16,000 employees at Boeing have been axed amid the Wuhan coronavirus (COVID-19) crisis as the manufacturing giant faces a lack of new orders for airplanes.” https://www.naturalnews.com/2020-05-02-boeing-lays-off-16000-nobody-ordering-planes-coronavirus.html

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