Tag: workers
Millions won’t get stimulus money before the IRS cut-off date
A chunk of stimulus payments are missing in action, thanks to a mix up that put as many as 13 million checks into invalid bank accounts. Why it matters: The IRS (by law) was supposed to get all payments out…
Will we have a debt crisis following the coronavirus crisis? | COVID-19 Update
During the coronavirus pandemic lockdowns have halted the flow of cash to workers and companies, forcing governments to step in. Countries, rich and poor, are burning through vast amounts of money. But it’s all on loan.They’re taking on debt like…
Democrats seek progressive overhaul of the U.S. financial system
Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…
Indonesia’s aviation safety has improved, but a lot remains to be done
The Sriwijaya Air Flight 182 disaster serves as a warning for aviation safety regulators, not only in Indonesia but worldwide. Four minutes after taking off from Jakarta in heavy rain on January 9, the Boeing 737-500 nosedived into the ocean,…
Donald Trump Is Disappearing From The Internet
SAUL LOEB via Getty Images Throughout his presidency, Donald Trump has weaponised social media to spread fear, incite violence and sow disinformation without penalty. As he reimagined how a head of state could engage with an electorate, bypassing communications flacks…
Ethical minefields: the dirty business of doing deals with Myanmar’s military
Myanmar’s transition from five decades of military rule is a work in progress. Despite the junta’s formal dissolution in 2010, the release of political prisoners including opposition leader Aung San Suu Kyi, and democratic reforms allowing National League Democracy to…
How Australia can phase out coal power while maintaining energy security
The end of coal-fired generation in Australia is inevitable. Zero marginal cost, zero emissions energy is now a reality. Wind and solar are cheaper sources of new electricity than coal in most cases, putting significant pressure on the profitability of…
The Faltering Economy of Argentina
Sign-up for Acorns! 👉 https://www.acorns.com/ee (upon registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ This is Argentina, a South American nation which has been home to an unprecedented period of sustained growth…
Street Artists Around the World Captured a Turbulent Year in Real Time—See the Beautiful and Unforgettable Works of 2020 Here
For much of the year, the best—and safest—place to see art was on the street. And perhaps more than in any other year, street art offered a real-time distillation of the events shaping our lives. Across the globe, artwork speaking…
2021 could be the year automation and AI truly accelerate the economy
The coronavirus pandemic hit the global economy hard in 2020, but the economy may be close to consolidating years of technological advances — and ready to take off in a burst of productivity growth. Why it matters: Productivity is the…
EU launches coronavirus vaccine drive to inoculate 450 million people
The European Union began on Sunday a coordinated rollout of coronavirus vaccinations across its 27 member states in a drive to inoculate some 450 million people. Why it matters: Several European countries have tightened restrictions as cases, deaths and hospitalizations…
The challenge of 2021: Vaccinating the world
Vaccinating the world will be perhaps the single greatest global challenge of 2021, and that process is now beginning in earnest. The big picture: If you’re reading this in Europe, the U.S. or one of several other wealthy countries, you…
Kate Middleton And Prince William Under Fire For Breaking Coronavirus Rules
Kate Middleton and Prince William have found themselves in the hot seat yet again after breaking coronavirus guidelines during an outing over the weekend. The Duke and Duchess of Cambridge were photographed with their three children (Prince George, Princess Charlotte and…
Why the Morrison government’s ‘double-dipping’ gambit fails the pub test
It’s almost unimaginable: an Australian government proposes a law that would wipe out billions of dollars of employers’ entitlements. Even more unimaginable: it does so on the basis of mistakes made by employees. Yet right now a “Black Mirror” scenario…
