Month: August 2020

Knucklehead who thinks washing cash will kill COVID-19 wrecks at least $19K – New York Post

A South Korean resident put a whole new spin on “money laundering” by tossing cash into a literal washing machine — in order to clean off potential coronavirus germs. The person, identified only by the surname Eom, damaged at least 23 million won ($19,320) near Seoul earlier this year, then contacted the Bank of Korea …

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Despite Historic Plunge, Europe’s Economy Flashes Signs of Recovery – The New York Times

LONDON — Before the pandemic, a traditional state of play prevailed in the enormous economies on the opposite sides of the Atlantic. Europe — full of older people, and rife with bickering over policy — appeared stagnant. The United States, ruled by innovation and risk-taking, seemed set to grow faster. But that alignment has been …

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Ignore GDP. Here’s What Investors Should Watch for Economic Insights During the Pandemic. – Barron’s

Mark Wilson/Getty Images Everyone knew it was coming, but the anticipation made it no less ugly: The U.S. economy shrank an annualized 32.9% in the second quarter from the first. Investors should dismiss the historic number—but not just because the worst of the pandemic’s toll is over. First, the annualized figures that economists like to …

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WHO reports record daily increase in global coronavirus cases, up over 292,000 – Reuters

FILE PHOTO: A healthcare worker wearing personal protective equipment (PPE) takes swab from a woman to test for the coronavirus disease (COVID-19) in Kolkata, India, July 23, 2020. REUTERS/Rupak De Chowdhuri (Reuters) – The World Health Organization reported a record increase in global coronavirus cases on Friday, with the total rising by 292,527. The biggest …

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In France, Italy, Spain, Virus Wiped Out Years of Growth – Newser

(Newser) – France, Italy, and Spain reported precipitous contractions Friday for their coronavirus-battered economies, with the pandemic wiping out years of growth in a matter of weeks as the lockdowns closed shops, factories, and restaurants. The Spanish economy shrank by 18.5% in the April-June period from the previous quarter, the French economy nearly 14%, and …

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Sweden, Which Never Had Lockdown, Sees COVID-19 Cases Plummet as Rest of Europe Suffers Spike – Newsweek

Amid fears over a potential second wave of the novel coronavirus across Europe, new infections in Sweden, where full lockdown measures were not implemented, have mostly declined since late June. The number of new cases per 100,000 people in Sweden reported over the last 14 days since July 29 dropped by 54 percent from the …

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A Houston Doctor On His Hospital’s ‘Deadliest Week’ So Far – NPR

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Hurricane warning issued for parts of Florida as Isaias crosses Bahamas – Fox News

A warning was issued for portions of Florida’s east coast by The National Hurricane Center on Friday, as Hurricane Isaias approaches the United States. “Hurricane #Isaias Advisory 15: Hurricane Warning Issued For Portions of the Florida East Coast,” the Center tweeted. “Tropical Storm Conditions and Heavy Rains Continue to Spread Across the Central Bahamas.” The tweet also …

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Coronavirus: Manchester lockdown rules cause ‘confusion and distress’ – BBC News

Image copyright ReutersImage caption Greater Manchester residents have been told they cannot mix with other households in private homes or gardens The government has been accused of causing “confusion and distress” with its handling of new lockdown rules. People living in Greater Manchester and other parts of northern England have been told they cannot mix …

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White House Says Hong Kong’s Election Delay ‘Undermines’ Democracy—a Day After Trump Suggested Doing the Same – The Daily Beast

Just a day after President Trump suggested—to the horror of pretty much everyone—that the November election should be postponed, White House press secretary Kayleigh McEnany criticized Hong Kong’s Chinese-backed government for doing just that. “We condemn the Hong Kong government’s decision to postpone for one year its legislative council elections and to disqualify opposition candidates,” …

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