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Mike Norman Economics

Senate weighs emergency coronavirus pandemic funds; Trump seeks $850 billion more — David Shepardson, Susan Heavey

The U.S. Senate on Tuesday prepared to weigh a multibillion-dollar emergency spending bill passed by the House of Representatives offering economic relief from the coronavirus pandemic as the Trump administration pressed for $850 billion more.... Reuters Senate weighs emergency coronavirus pandemic funds; Trump seeks $850 billion moreDavid Shepardson, Susan Heavey

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Coronavirus: All Citizens Need an Income Support — Jim O’Neil

Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people — especially against a background of low wage growth, and actual and perceived rising inequality — other ideas have emerged. Both modern monetary theory and universal basic income essentially owe their roots to the judgement that conventional economic policies have not been helping. At...

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The UK Only Realised “In The Last Few Days” That Its Coronavirus Strategy Would “Likely Result In Hundreds of Thousands of Deaths”

Scientists advising the government say an aggressive new approach adopted to attempt to "suppress" the virus may have to be in place for 18 months. The UK only realised "in the last few days" that attempts to "mitigate" the impact of the coronavirus pandemic would not work, and that it needed to shift to a strategy to "suppress" the outbreak, according to a report by a team of experts who have been advising the government. The report, published by the Imperial College COVID-19 Response...

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Could Cuba save Italy and the world from Coronavirus?

Cuban doctors and medicine to rescue the world from COVID-19 While the first clinical test for a Coronavirus vaccine started in the United States today, Cuba may have already developed a successful medicine able to cure COVID-19. The western world has been slow to recognize the potential that this small Caribbean nation is contributing to the biggest challenge the world has faced in a very long time. Could Cuba save Italy and the world from Coronavirus?

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