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April opened with millions of people out of work
stanley cup and stock markets slumping after the White House this week acknowledged that thecoronaviruscould kill hundreds of thousands of Americans. It s a preview of the carnage to come. Some 6.6 million Americans filed for unemployment benefits last week, theDepartment of Labor said Thursday, double the number of applications reported last week and 10 times the previous weekly record set in 1982. As many as 20 million people could be out of work this summer, accord
stanley cup ing to separate estimates from the Economic Policy Institute and Bank of America. We haven t, in my lifetime, my parents lifetime, seen this. This is truly unprecedented, said Bill Rodgers, a fellow at The Century Foundation, a think tank. In March, 3 million more workers applied for unemployment than the total number of people who found jobs in the first three years of the Trump presidency. If all of the
stanley cup near 10 million people who filed claims in the past two weeks are classified as unemployed in April s employment report, then the unemployment rate would hit 10.1%, which would slightly exceed the peak a decade ago in the aftermath of the [Great Financial Crisis], Paul Ashworth of Capital Economics wrote in a report. Other economists warn unemployment could surge as high as 16%. No words for this, Ian Shepherdson, chief economist at Pantheon Macroeconomics, told investors.While 10 million is a staggering figure, it alm Ktmz Taylor Swift invites 2,000 foster and adopted kids to see her concert before tour kicks off
President Trump said China is engaging in election interference ahead of November s midterms and accused Beijing of trying to undermine his administration. Mr. Trump made the allegations Wednesday on the world stage, while presiding over a United Nations Security Council meeting on nonproliferation. He said that China s alleged activities were the result of an ongoing trade dispute between the two countries. Regrettably, we found that China has been attempting to interfere in our upcoming 2018 election, coming up in November, against my administration, Mr. Trump said. They do not want me, or us, to win because I am the first president ever to challenge China on trade. We don t want to them to meddle or interfere in our upcoming election, he said in prepa
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skechers ed remarks. China s foreign minister, Wang Yi, later dismissed Mr. Trump s accusation, saying, We did not, and will not, interfere in any country s domestic affairs. We refuse to accept any unwarranted accusations against China. In a subsequent briefing call with reporters, a senior administration official said Beijing was employing a coordinated, whole-of-government approach to stifle free speech, disseminate propaganda, and engage in intimidation tactics using political economic, commercial, military and informational tools. The official said China punishes or rewards a swath of actors ndash; including businessmen, movie studios, journalists, religiou
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