Czech president Milos Zeman says nation’s borders should stay CLOSED for a YEAR to prevent second wave of Covid-19

Via RT The Czech Republic is about to start easing its coronavirus quarantine restrictions. The move is unlikely to cover foreign travel, however, as the nation’s president says borders should stay closed for a long time. The borders should remain closed for at least one year, Zeman told Czech radio station Frekvence 1, warning that people travelling abroad and returning...

Richard Branson pledges to mortgage Caribbean home to help business

Via Financial Times Richard Branson, founder of the multibillion-dollar conglomerate Virgin Group, has pledged to mortgage his home and luxury holiday resort in the British Virgin Islands to help his business empire navigate the coronavirus crisis. The pledge on his Necker Island home was made in a letter to staff, posted on Sir Richard’s personal blog on Monday. It comes...

Germany bite by bite: “Halligbrot” open shrimp sandwich

Via Deutsche Welle North Sea shrimps are simply THE culinary trademark of the North Sea coast — and our tip for the federal state of Schleswig-Holstein. In Germany, depending on the region, they are known by different names like grey, leek or garnet shrimps. One of the German North Sea coast’s most popular and simplest shrimp dishes is the “Halligbrot”...

Resilience helps Shanghai offset economic losses from outbreak

Via China Daily High-rise buildings and skyscrapers dominate the skyline of the Huangpu River and the Lujiazui Financial District in Pudong, Shanghai. [Photo/Sipa] Resilience in tech-driven services and high-end manufacturing has helped Shanghai partially offset excessive losses posted by traditional commercial services hampered by the novel coronavirus epidemic, according to the city’s latest economic indicators published on Monday.  The metropolis...

Repair and reconstruct: A Recovery Initiative

Via VOX EU Agnès Bénassy-Quéré, Ramon Marimon, Philippe Martin, Jean Pisani-Ferry, Lucrezia Reichlin, Dirk Schoenmaker, Beatrice Weder di Mauro 20 April 2020 The EU has been slow to formulate its response to the Covid crisis. Fortunately, things have started to change. The EU’s leaders should finish work on the new borrowing facilities, first by clarifying the maturities of the borrowings,...

The vagaries of memory – A museum in Russia for a man who never existed | Europe

Via The Economist ENTER AN ELEGANT two-storey Art Nouveau house in Tomsk, a Siberian university town, walk up a solid wooden staircase and step into the measured world of an early 20th-century university professor. The visitor to this private museum is invited to look through old family albums, sit at the professor’s desk and sniff a perfume made for the...

Halliburton sees bleak North America activity, joins rivals in spending cuts

Via Reuters Finance FILE PHOTO: The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson/File Photo (Reuters) – Halliburton Co (HAL.N) on Monday joined its bigger rival Schlumberger in taking impairment hits in the first quarter and issued a bleak outlook for North America as oilfield providers grapple with an unprecedented...

Støjberg i hård anklage af regeringen efter Mølbak-melding: »Mette Frederiksen sjofler danskerne«

Venstre via Facebook Regeringen har ingen langsigtet plan for, hvordan vi kommer ud af coronakrisen. Og nu siger Kåre Mølbak fra Statens Serum Institut, at vi skal holde social afstand længe endnu, for der kan sagtens kan gå over et år, før der er en vaccine, som kan bekæmpe virussen. Det er en dybt alvorlig situation for danskerne. Lige nu...

Rabobank: “Game Over, Man, Game Over”

Via Zerohedge Submitted by Michael Every of Rabobank Game Over, Man, Game Over Markets are currently on fast-forward as politicians are also on fast-forward on when we will remove economic lockdowns and go “back to normal” – as if the virus isn’t the one in the driving seat in all this. In that regard let’s reconsider some of the projections...

Zambian official says Glencore reverses plan to shutter copper mines

Via Yahoo Finance By Chris Mfula LUSAKA (Reuters) – Glencore <GLEN.L> told the Zambian government this week that it wants to keep operating its Zambian copper mining subsidiary Mopani Copper Mines (MCM), not shutter the operations, mines ministry permanent secretary Barnaby Mulenga said on Sunday. Glencore’s decision to put MCM under “care and maintenance” sparked a backlash from Zambia’s government,...

The Palestinian Virus: Abbas’s Role Models

Via Gatestone Institute By praising and honoring the memory of the assassinated terrorist Abu Jihad, Palestinian Authority President Mahmoud Abbas is actually encouraging his people to follow in the footsteps of an arch-terrorist who sent people to murder innocent civilians in Israel. Pictured: Posters of Abbas (left), Abu Jihad (center) and late Palestinian leader Yasser Arafat on the shutters of...

Venstre sætter markante aftryk på forbedrede hjælpepakker – og er klar til at gøre mere

Via Venstre Vi har i flere uger opfordret S-regeringen til at indkalde til forhandlinger for at forbedre de nuværende hjælpepakker. Vi skal passe på arbejdspladser, lønmodtagere, selvstændige, iværksættere og virksomheder, så de kommer gennem krisen. Gerne mere end vi blev enige om med dagens aftale. Men i dag kom vi et godt stykke videre. Flere små og store virksomheder kan...

Virgin Australia on brink of collapse

Via Financial Times Australia’s second-biggest airline Virgin Australia is on the brink of collapse following its failure to secure a bailout from the government and the grounding of most of its planes due to the coronavirus crisis. The airline’s near collapse comes after Virgin Group founder Richard Branson defended seeking state aid and said Virgin Atlantic “will need government support”...

SE: Long-Term Virus Battle Is Just Starting: Johns Hopkins

Bloomberg Markets & Finance via Youtube Apr.20 — There are “promising” signs U.S. heath-care systems are managing to cope with the coronavirus pandemic, says John Hopkins Vice Dean for Public Health Practice Josh Sharfstein. But it “does not mean that it’s all over,” he said in an interview on “Bloomberg Surveillance.” The Bloomberg School of Public Health is supported by...

China approves investment projects worth $11b in March

Via China Daily Workers manufacture mechanical components at a factory in Huanggang, Hubei province, on Monday. [Photo by Wang Jing / China Daily] BEIJING — China’s top economic planner approved eight fixed-asset investment projects with combined investment totaling 77.3 billion yuan (about $11 billion) in March, official data showed. The projects were mainly in energy and transportation industries, according to...

Peter Schiff: The Questions Nobody Is Asking

Via Peter Schiff April 20, 2020  by SchiffGold  0   0 There seems to be growing optimism that we’re nearing the end of the coronavirus lockdown. Stocks have rallied despite dismal economic numbers. But Peter Schiff says there are some important questions nobody is asking, especially when it comes to the insane Federal Reserve monetary policy. The US stock market ended last week on...

Evo won’t go – Bolivia’s baffling ballot count | The Americas

Via The Economist Oct 26th 2019 JUST WEEKS after rains extinguished widespread forest fires, Bolivia is burning again. Convinced that President Evo Morales is trying to steal the presidential election held on October 20th, supporters of the opposition set fire to the headquarters of the electoral authorities in at least five provinces, clashed with police and government supporters and toppled...