IMF WEO: CHINA TO ESCAPE PANDEMIC ECONOMIC DECLINES
WASHINGTON (MaceNews) – The following is IMF chief economist Gita Gopinath’s summary of the World Economic Outlook update published Tuesday outlining sharp declines in economic activity throughout much of the world with the notable exception of China, where the pandemic originated: The world has changed dramatically in the three months since our last update of […]
WHITE HOUSE WATCH COMMENTARY: ANOTHER ‘DECISION’ DRAMA WITH LIVES IN THE BALANCE
–‘I only hope to God that it’s the right decision.’ By Denny Gulino WASHINGTON (MaceNews) – Many governors and their medical advisers are pondering President Trump’s assertion Friday that “the biggest decision I’ve ever had to make” is something they will want to go along with at the end of the month. Some expressed concerns […]
WHITE HOUSE WATCH COMMENTARY: ‘INADEQUATE’ VS ‘NONEXISTENT’
By Denny Gulino WASHINGTON (MaceNews) – Numbers, graphs, plaintive accounts from hospitals and communities, bereaved relatives – the worst week so far goes on and there’s no way to sugarcoat it. New cases are leveling off but past infections keep leading to deaths now in numbers never seen before. The medical experts hope deaths are […]
DATA FLASH: US INITIAL CLAIMS REMAIN HIGH DUE TO BACKLOGS; MARCH PPI -0.2%
-Initial Claims Level Fall By 261,000 to 6.606 Mln, Continuing Claims Spike -March PPI Data Show Decline in Wholesale Inflation on Energy Prices By Kevin Kastner WASHINGTON (MaceNews) – The level of initial jobless claims fell modestly in the April 4 week, but the current week’s total lifted the number of new claims filed over […]
WHITE HOUSE WATCH COMMENTARY: VIRUS MYTHS, HOPES, REALITIES HARD TO DISTINGUISH
By Denny Gulino WASHINGTON (MaceNews) – The tiny nation-state of Singapore had done a great job against the virus as has Taiwan and still they are examples to the world that any “win” is more coexistence with an enemy that never really leaves. What does “winning” against a corona virus mean? In the case of […]
WHITE HOUSE WATCH COMMENTARY: BRACING FOR THE WORST YET
–‘There’ll Be A Lot of Death’ By Denny Gulino WASHINGTON (MaceNews) – The president and his experts Saturday warned the nation that next week and the week after are going to see virus death tolls that will far eclipse anything seen so far, as the increasing number of hotspots climb the steepening curve toward their […]