Speaking at a press conference, Fahrettin Koca said 2,069 new patients have been diagnosed with COVID-19 as the total number of confirmed cases rose to 5,698. He said 42 patients have been discharged from hospitals after recovering from the deadly virus as 344 others were treated at intense care units. Koca said 7,533 tests have been done in the past 24 hours and the number of […]
Recovery
13 posts
European Union leaders have agreed that the bloc’s coronavirus economic recovery plan should take heed of its aim to fight climate change. Following a six-hour video conference, the 27 EU leaders agreed late on Thursday to coordinate a coronavirus economic recovery plan. The leaders agreed that it should be consistent with the “green transition,” the phrase the EU uses to describe the aim of reducing emissions […]
View A sudden bitcoin price crash similar to the one seen a few weeks ago now looks unlikely, with exchange deposits having dropped by over 30 percent in the last 12 days. The decline in the exchange deposits suggests investors have regained confidence in the long-term viability of bitcoin, according to analysis. A range breakdown on the 4-hour chart would expose support at $6,000. A move […]
Michael Levitt, a Stanford biophysicist who was awarded the Nobel Prize in Chemistry in 2013, has made a bold statement that the end of COVID-19 pandemic could be near and has cited China’s curve flattening to support his hypothesis, reported the Los Angeles Times. Levitt is now predicting a curve flattening in infections could be around the corner for the US as strict social distancing measures are being implemented across major […]
An Economic Recovery Program—Theirs vs. Mine By Jack Rasmus, Zcomm.org March 20, 2020 An Economic Recovery Program—Theirs vs. Mine2020-03-202020-03-20https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/03/49616970132_a83c736dde_c.jpg200px200px Above Photo: Prachatai/Flickr The Coronavirus has been wrecking the US and global economies. While focus has been on addressing the biological devastation wrought by the virus, the economic devastation keeps growing. Failure to properly address the deepening economic impact of the coronavirus has been no less shocking to […]
Most Wall Street analysts are predicting a V-shaped recovery for the US economy in the second half (even if it boggles the mind how the US economy can simply spring right back from a -14% GDP depression in Q2 without missing a beat). But if they are wrong, there will be hell to pay. Or at least 40 billion dollars to pay for the US airline […]
Despite the constant imploring from administration officials that all is well… “We see no material impact on our economy,” Larry Kudlow, director of the National Economic Council Director, told Fox Business Network. Almost 75% of companies have reported supply chain disruptions as a result of coronavirus disease, or COVID-19, according to a new survey released by the Institute for Supply Management (ISM). Additionally, the first-round results […]
Last weekend, we reported that in order to fool the world into believing that its economy is rebounding nicely and that its people have put that entire coronavirus “thing” in the rearview mirror, a factory owner in one of China’s provinces was told by district officials that he must turn on the machines and consume electricity – in his closed factory which has no workers – […]
Bitcoin remains on the hunt for a notable recovery with prices holding above widely tracked average support. The top cryptocurrency is currently trading above $8,760, having defended the 200-day moving average (MA) support at $8,720 early on Wednesday. The support level is widely considered a barometer of long-term market trends and tends to attract buying or selling pressure, depending on the direction in which it is […]
Chinese policymakers expect a quick recovery of economic growth after the novel coronavirus pneumonia epidemic is contained, as the country has made a series of strong policy adjustments to counter downward growth pressure. Chinese central bank officials and heads of global financial organisations agreed that the impact of the pneumonia-causing virus on the Chinese economy will be limited and short-lived. “The impact of the outbreak on […]
A devastating civil war and international sanctions have destroyed Syria’s economy, leaving it with a GDP that is a third of what it was in 2010. The monetary crisis and depreciation of the currency is the latest chapter of the country’s economic meltdown. Despite the lack of accurate statistics, some agencies such as the UN Development Programme estimate that 83 per cent of Syrians live below […]
Authored by Pepe Escobar via The Asia Times, Erdogan de facto supports al-Qaeda remnants while facing either humiliating retreat from or total war against Syria Recep Tayyip Erdogan, neo-Ottoman extraordinaire, is not exactly inclined to commit seppuku, the Japanese act of ritual suicide. But if not through the perspective of neo-Ottomanism, how to explain the fact he is de facto supporting al-Qaeda remnants in Syria while facing […]
But if not through the perspective of neo-Ottomanism, how to explain the fact he is de facto supporting al-Qaeda remnants in Syria while facing two unsavory options – a humiliating retreat from or total war against the Syrian Arab Army? Everything about the slowly evolving, messy chessboard in Idlib hinges on highways: the imperative for the government in Damascus to control both the M5 highway between […]