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Iran pistachio exports surge despite pandemic closures
Aug 02, 2020 01:31Iran is exporting high volumes of its premium-quality pistachio despite trade restrictions imposed around the world to curb the spread of the coronavirus pandemic.
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Senate GOP slammed for allowing eviction moratorium to expire, putting millions of US families at risk during Covid-19 crisis
Aug 01, 2020 03:35A study released in mid-July by the Colorado-based Covid Eviction Defense Project found that as many as 23 million U.S. families could be evicted by October without assistance from the federal government.
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Tens of thousands of shuttered US businesses now closing permanently
Aug 01, 2020 03:31A survey released recently by AP-NORC found that while 78% of American workers who were furloughed or laid off in the early days of the pandemic believed in April that they'd be able to return to work eventually, just 34% are optimistic about their prospects now. Just 18% have already returned to their jobs, and 47% say they no longer believe their old jobs will be available ever again.
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WHO reports record daily increase in global coronavirus cases
Jul 31, 2020 15:24The World Health Organization reported a record increase in global coronavirus cases on Friday, with the total rising by 292,527.
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COVID-19 compounds debt burdens of developing countries
Jul 31, 2020 03:29The 2020 Financing for Sustainable Development Report shows debt vulnerability growing in many developing countries well before the coronavirus pandemic.
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Europe’s economy to outpace US in upending of past roles
Jul 31, 2020 03:23In the race to recover, Europe extends its lead over the US and the UK. According to JPMorgan Chase & Co., Europe will do better because it has “broken the chain” that links mobility and the coronavirus.
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Deal on US coronavirus aid bill elusive as jobless benefit nears expiration
Jul 31, 2020 03:05Just one day before a federal jobless benefit was set to expire, the US Congress was no closer on Thursday to a deal to extend or replace the extra $600-per-week in payments to tens of millions thrown out of work by the coronavirus pandemic.
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US economy collapsed 32.9 percent in the April-to-June period
Jul 30, 2020 10:19The US economy collapsed in the midst of the coronavirus pandemic in the April-to-June period, contracting 32.9 percent in the second quarter, the government reported Thursday.
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German economy shrinks by record 10.1% in Q2 on virus hit
Jul 30, 2020 08:44The German economy shrank by a record 10.1 percent in the second quarter as coronavirus lockdowns took their toll, official data shows, but experts say a recovery is already under way.
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US surpasses 150,000 virus deaths as experts urge reset of approach
Jul 30, 2020 04:04The United States has now recorded one death from the coronavirus every minute as the country surpassed 150,000 virus deaths, with the pandemic showing no signs of slowing down.