Deutsche Bank Default Study Suggests Bailouts Worsen Recessions (Russ)
The author writes, “There is evidence that without desperate intervention, the world would be about to face defaults on a true Depression-era scale. And Jim Reid, the Deutsche Bank investment strategist who has overseen this mammoth project since inception, makes clear that this could turn out to be a Faustian bargain.”
JetBlue Airways to Require Travelers to Wear Face Masks Amid Pandemic (Dana)
The author writes, “JetBlue Airways will require passengers to wear face masks or other face coverings beginning May 4, becoming the first U.S. airline to do so as the coronavirus pandemic continues.”
‘Insect Apocalypse’ More Complicated Than Thought (Dana)
From the BBC: “Previous research indicated an alarming decline in numbers in all parts of world, with losses of up to 25% per decade. [A] new study, the largest carried out to date, says the picture is more complex and varied. Land-dwelling insects are definitely declining the authors say, while bugs living in freshwater are increasing.”
The COVID Crisis Is Reinforcing the Hunger-Industrial Complex (Chris)
The author writes, “We should all be concerned that, in the post-pandemic era, the hunger industrial complex becomes more robust at the expense of the movement for fair wages, strong nutrition programs, and universal health care. We should be concerned about the growth of charity because, frankly, the unholy alliance between food banks and corporate America has shown itself to be more interested in maintaining the problem of hunger than actually solving it. Hunger is, after all, good for business.”
Belgians Urged to Eat Fries Twice a Week During Lockdown (DonkeyHotey)
From CNBC: “More than 750,000 tons of [Belgian] potatoes are at risk of being thrown away. The coronavirus crisis has led to a surplus of potatoes in the small European country, as demand for frites — a national dish of twice-fried potatoes often eaten in bars and restaurants — has slumped amid Belgium’s government-enforced lockdown.”
Where else do you see journalism of this quality and value?
Please help us do more. Make a tax-deductible contribution now.
Our Comment Policy
Keep it civilized, keep it relevant, keep it clear, keep it short. Please do not post links or promotional material. We reserve the right to edit and to delete comments where necessary.