Councillor blames a perfect storm of ‘cultural, health and economic factors’ for Leicester outbreak

A perfect storm of ‘cultural, health and economic factors’ including large BAME families living in small terraced houses and poor residents who have had to work through lockdown while taking public transport have made one Leicester borough the epicenter of the city’s coronavirus outbreaks its councillor has said. And he also pointed to busy mosques … Read more Councillor blames a perfect storm of ‘cultural, health and economic factors’ for Leicester outbreak

Angela Merkel says Britain will have to ‘live with the consequences’ of fewer economic ties with EU

Angela Merkel says Britain will have to ‘live with the consequences’ of Boris Johnson’s decision to loosen economic ties with the EU as German leader hardens her Brexit stance Angela Merkel has hardened her stance on a UK-EU Brexit trade deal  Ex-UK PM Theresa May was keen on keeping close ties with the European Union … Read more Angela Merkel says Britain will have to ‘live with the consequences’ of fewer economic ties with EU

IMF says global economic carnage in coronavirus pandemic will be much worse than expected

The International Monetary Fund has laid out the unprecedented economic devastation caused by the coronavirus pandemic, sharply lowering its forecast for global growth this year. The IMF said on Wednesday that this ‘crisis like no other’ would send the global GDP plunging by 4.9 percent this year and wipe out an astonishing $12 trillion over two years.  … Read more IMF says global economic carnage in coronavirus pandemic will be much worse than expected

Ditch the two-metre rule now… or face economic disaster, writes Punch Taverns founder HUGH OSMOND 

When it was announced in March, the Government’s Job Retention Scheme was rightly hailed as an unprecedented and inspired policy to save British business. And yet, as the cost of furloughing more than quarter of the entire workforce passes £20billion, and with still no end in sight, I fear it could end up being the most … Read more Ditch the two-metre rule now… or face economic disaster, writes Punch Taverns founder HUGH OSMOND 

Scientist published a paper in 2010 predicting economic and social turmoil would peak in 2020

This year’s events may be a surprise to many Americans, but one scientist predicted predicted the current political, economic and social instability a decade ago. Peter Turchin, a researcher at the University of Connecticut, published a paper in 2010 forecasting that these instabilities would peak around the year 2020. He highlights a rise in public … Read more Scientist published a paper in 2010 predicting economic and social turmoil would peak in 2020