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Arunachal Times (India) 07/10/2020 14:56
New Delhi, Jul 10: Minister of State for Finance Anurag Singh Thakur on Friday exhorted the industry to come forward and invest as Indian economy remains structurally strong. Highlighting a series of reforms, including moderation in the corporate tax rate, announced by the government in the last six tears to encourage investment, the minister said […]
Arunachal Times (India) 07/10/2020 14:53
Shillong, Jul 10 (PTI) OPD and emergency services at the North Eastern Indira Gandhi Regional Institute of Health and Medical Sciences was shut following exposure to coronavirus, officials said on Friday. The services will remain closed as decontamination and contact tracing within the hospital is underway, they said. The order to shut the out-patient department […]
Seed Today 07/10/2020 14:51
Rural industries are grappling with how to adjust their businesses to remain relevant and sustainable in the face of the coronavirus pandemic. Agricultural supply chains have been massively disrupted and lost revenue. Water and power suppliers have adapted as commercial customers went dark and demand shifted to residential customers. According to a new Quarterly report from CoBank’s Knowledge Exchange, the recent rebound in the U.S. economy is real, but the sharpest post-shutdown economic gains are almost certainly behind us and a long grind to shore up a shaky economy lies ahead.
Arunachal Times (India) 07/10/2020 14:50
Beijing, Jul 10 (PTI) China has warned its citizens living in Kazakhstan of a local “unknown pneumonia” which, it said, has a “much higher” fatality rate than the COVID-19 disease, prompting the Central Asian country to dismiss it as “fake news.” The “unknown pneumonia in Kazakhstan caused 1,772 deaths in the first six months of […]
Arunachal Times (India) 07/10/2020 14:49
Beijing, Jul 10 (AFP): China on Friday rejected a new US invitation to join arms control talks with Russia, complaining that Washington had continued to “pester” Beijing over the issue. President Donald Trump’s administration has demanded that China take part in talks on a successor to the New START treaty, which caps the nuclear warheads […]
Zero Hedge 07/10/2020 14:49
Real-Time Data Shows That After Peaking In Late June, Consumer Spending Is Now Declining. Fri, 07/10/2020 - 14:49. When we last looked at real-time consumer spending data , we saw a stunning rebound in Bank of America credit and debit card spending trends, with total card spending ex-autos essentially recovering pre-covid levels by early June. No doubt, a big part of this was due to the surge in Personal Income since the start of the current recession, which as we was a function of the extremely generous fiscal stimulus which meant that on a per capita basis, claimants received roughly $788/week ($41k annualized) on average, well above the usual amount of roughly $300 in a normal labor environment ($15-$16k annualized). Unfortunately, both th.
Brazil’s population is facing COVID-19 from an already financially weakened situation following the 2015-16 crisis. The poorest were still recovering from the crisis, with the income of the poorest 40 percent of the population still below the pre-crisis level. Moreover, unemployment rates barely reduced from a peak of 13.7% in the first quarter of 2017 to 12.2% in the first quarter of 2020, and household debt burden is high at 45% of household income, reflecting increased non-mortgage debt since 2017. The bottom line is that most Brazilian families have little room to absorb another shock. To understand better how Brazilians are being affected we need to consider which sectors will suffer labor income losses, and how these shocks affect dif.
Arunachal Times (India) 07/10/2020 14:48
BEIJING, Jul 10 (AP): Two World Health Organization experts were heading to the Chinese capital on Friday to lay the groundwork for an investigation into the origins of the coronavirus pandemic. An animal health expert and an epidemiologist will meet Chinese counterparts in Beijing to work out logistics, places to visit and the participants for […]

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