this week

Top Ten most popular articles on Pharmafile.com this week

The search for a COVID-19 treatment has ramped up this week, with two new studies detailing the efficacy of Gilead’s antiviral therapy remdesivir in the treatment of patients hospitalised with coronavirus, while researchers in America have been studying famotidine, the active ingredient in Pepcid, as a potential drug to help alleviate symptoms of the virus.




this week

Four Individuals Sentenced This Week for Trafficking Identities of Puerto Rican U.S. Citizens

Four individuals were sentenced this week for their respective roles in trafficking the identities and corresponding identity documents of Puerto Rican U.S. citizens.



  • OPA Press Releases

this week

A phase two trial and a June goal: This week's updates on the race for a coronavirus vaccine

Experts caution that even promising early results don’t guarantee that vaccines will be widely available anytime soon.




this week

Was Saudi King Salman too sick to attend this week’s Arab League summit?

King Salman failed to show at the Arab League summit this week in Mauritania, allegedly for health reasons. The king’s health has been a question since his accession to the throne last year.

       
 
 




this week

This Week in Economic Numbers: State and Local Edition


This week will bring a cornucopia of new data, an econo-nerd's dream. Unfortunately for some of us nerds, there won't be any releases on state and local government finances. (The Census Bureau generally has to wait for all states to report and, as you can imagine, some states are laggards.)

However, there will still be a lot in this week's numbers for those who follow state and local government finances, pay into state and local coffers, or consume predominantly state and local public services like education, roads, and health care. Here are a few trends worth watching:

First, Tuesday's March S&P/Case Shiller house price indexes will be important for states whose fortunes are tied to real estate, especially in the West and Southwest. Macroeconomic forecasters are predicting home prices will decline slightly compared to one year ago but continue to increase month-to-month, suggesting that perhaps the market has hit bottom.

That would be good news for the housing sector. However, research from Federal Reserve Board economists Byron Lutz, Raven Molloy, and Hui Shan suggests that any boon to state and local revenues would be minor. They calculate the housing bust per se generated only a $22 billion drop in taxes over three years, equivalent to roughly 3 percent of annual state and local revenues excluding federal funds.

Meanwhile, the latest Census data suggest that state taxes are growing, but at a pace that is slower than usual. More worrisome, the pace appears to be moderating. In recent weeks, California, New York, New Jersey, Pennsylvania, and Rhode Island have all reported taxes coming in below projections. Also, local property taxes are likely to remain in the doldrums for some time. They tend to respond to house price changes with a delay and thus just started showing the effects of the housing bust in late 2010. Property taxes recently turned positive again, but these gains are anemic by historical standards and likely caused by rate hikes in some jurisdictions rather than improving property values.

Next up this week are Bureau of Economic Analysis revisions to first quarter GDP. Macroeconomists will be attuned to how the revisions compare to advance estimates and what this portends for the recovery. They might also take note of whether these governments are detracting from growth - as they have done by an average of 0.2 percentage points in each quarter since 2008 - or contributing to it as usual. State and local watchers will be more focused on state and local spending, which unlike previous downturns, has declined in real per capita terms and not yet recovered.

That leads us to the biggest number to watch this week - Friday's jobs report. State and local employment is already down by 665,000 jobs or about 3.5 percent from its pre-recession peak. Recent trends suggest that cuts may be abating, but this total masks differences across subsectors - state education has been adding jobs while losses continue in all other subsectors, especially at the local level.

Ongoing state and local job losses also distinguish this recession from previous downturns in the modern era. This may be in keeping with the depths of this Great Recession. However, it's hard to imagine state and local residents aren't feeling the pinch of higher property tax burdens or lower services. To take one example, Governor Jerry Brown has proposed closing California's $16 billion budget gap by converting state employees to a four day work week and closing state parks. From a macro perspective, the fiscal tightening may be over. But that doesn't mean state and local governments aren't still a real drag.

Authors

Publication: Real Clear Markets
Image Source: © Daniel Shanken / Reuters
      
 
 




this week

What drove oil prices through the floor this week?

The coronavirus pandemic has sent crude oil prices plummeting, so much so that the price for West Texas Intermediate oil dropped below zero dollars earlier this week. In this special edition of the podcast, Samantha Gross joins David Dollar to explain the factors influencing recent changes in demand for oil and the long-term effects the…

       




this week

What drove oil prices through the floor this week?

The coronavirus pandemic has sent crude oil prices plummeting, so much so that the price for West Texas Intermediate oil dropped below zero dollars earlier this week. In this special edition of the podcast, Samantha Gross joins David Dollar to explain the factors influencing recent changes in demand for oil and the long-term effects the…

       




this week

Was Saudi King Salman too sick to attend this week’s Arab League summit?

King Salman failed to show at the Arab League summit this week in Mauritania, allegedly for health reasons. The king’s health has been a question since his accession to the throne last year.

       
 
 




this week

Previewing this Week’s Public Forum on Immigration Reform at Claremont McKenna College

Today at Claremont McKenna College, a new bipartisan public forum—the Dreier Roundtable—will convene leaders in politics, business, journalism and academia to hold constructive, substantive discussions about immigration reform. Just days after the midterm elections of 2014, the panel of experts will examine the strengths and weaknesses of current immigration policy and debate the economic and…

       




this week

UK parliament debated ban on fur imports this week

Fur farming was banned on UK soil in 2000, but imports are still allowed, which activists say simply 'outsources' the cruelty.




this week

Planet Green This Weekend: Greensburg

We're hoping that you've been following the newly launched Planet Green, the first ever 24-7 TV channel dedicated to green living. With more than 200 hours of original green lifestyle programming, Planet Green is a fresh conversation about what it




this week

Start a Sea Change This Weekend with the Ocean Conservancy

No plans this weekend? Why not Start a Sea Change? Planet Green’s non-profit partner, the Ocean Conservancy, hosts their 23rd annual International Coastal Cleanup




this week

World's first plastic-free flight took off this week

The plane carries no single-use plastics – but aren't we ignoring a much bigger environmental issue?




this week

Look for the northern lights in the US this weekend

Much of the upper US could be treated to some celestial theatrics.




this week

World Environment Day is This Week! Here's a Sneak Peek at the Rio Celebrations

We're heading to Rio for World Environment Day. Here's a sneak peek at what's happening in Rio de Janeiro this week.




this week

Virus hits Trump's inner circle, unemployment rivals Great Depression: This week's recap and our best reads

The U.S. shed a record number of jobs in April, Trump's personal valet tests positive for virus: This weeks news recap and our best reads.




this week

Canopy's big day, and bitcoin surges nearly 18% this week

Canopy Growth surges as Constellation ups its stake in the company. And a look at bitcoin's big week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso.




this week

Trading Nation: Cramer's 'Covid-19 Index' stocks up 7% this week—Here's some of the best performers

Todd Gordon, Ascent Wealth Partners and John Petrides, Toqueville Asset Management, discuss the stay-at-home stocks they're watching with Seema Mody.




this week

Come to BostonFIG Fest This Weekend!

The Boston Festival of Independent Games, BostonFIG Fest, is on Saturday, at the Harvard Athletic Complex in Allston.

Local people, if you're interested in the best new indie games, whether tabletop or digital, you should come! And when you do, stop by Kevin's booth to visit Kevin and his indie game, Starcom: Nexus. I'll be there too, being Helpful. Come say hi! :o)








this week

Two film screenings to catch this week

Traipse through America
Sunset Cinema Club (SCC) is holding a Travel Movie Night in association with travel start-up Unpland. The movie to be screened is Into The Wild, a 2007 film about a young man who decided to renounce his possessions and hitchhike across America. "We have hosted several themed movie nights in the past. This time, we wanted to do something travel-centric. We ran an online poll to pick the movie for the screening," says SCC co-founder Sanchit Gupta.
On: September 3, 8.30 pm
At: The Barking Deer, Senapati Bapat Marg, Lower Parel. log on to insider.in
Entry: Rs 312 (includes a beer or mocktail)

Understand the works of Renaissance masters
This evening, Dr Bhau Daji Lad Mumbai City Museum, in collaboration with Alliance Francaise de Bombay, is showing three documentaries on Renaissance painters by filmmaker Alain Jaubert. The first film delves into Grünewald's painting Retable d'Issenheim (Altarpiece of Issenheim), while the second focuses on Baldassare Castiglione (Portrait of Baldassare Castiglione) by Raphaël. The third film is about Le Repas Chez Levi (The Meal at Levi's; in pic) by Veronese. If you walk in after 5.30 pm, entry is free.
On: Today, 6 pm to 7.30 pm
At: Dr Bhau Daji Lad Mumbai City Museum, Byculla East
Call: 23731234

 


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this week

The best of TV and streaming this week

Our pick of the latest series and documentaries — plus older favourites to binge on




this week

Six films to watch this week

‘The Whistlers’, ‘Becoming’, ‘Astronaut’, ‘Infinite Football’, ‘Diana Kennedy: Nothing Fancy’ and from 1976 ‘Mr Klein’, starring Alain Delon — all reviewed by Danny Leigh




this week

Best of this week’s opinion

Our columnists’ thoughts on corporate and global debt, and economists’ Covid-19 approach










this week

Robots To Eat All The Jobs? Hackers, Policy Wonks Collaborate On A Basic Income Createathon This Weekend

In the face of rising U.S. income inequality and concerns about job loss to automation, some of Silicon Valley’s best-known names including Y Combinator’s Sam Altman have spoken up in favor of a universal basic income that would give people a baseline standard of living in an economy that may not be able to produce […]





this week

The Premier League is suspended and no Six Nations… but here's what IS going ahead this weekend

The coronavirus has rocked the sporting world this week with most taking measures to ensure that fans nor players are affected by the global pandemic that is spreading across the world.




this week

There IS sporting action is happening this weekend! Here's proof that sport will find a way

*'Footy is resilient and footy will find a way,' said not Jeff Goldblum in Jurassic Park but AFL chief executive Gillon McLachlan this week. Here are the sporting fixtures proving him right.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's Coronation Street, Maria was briefly back kissing doctor Ali, perhaps finally realising that if Gary puts up with his barber doing that to his hair he's mixing with the wrong set.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's EastEnders, Mick and Linda are rewarded with a boat trip on the Thames for winning 'Best pub'. Meanwhile in Coronation Street, Chesney vents over bringing up four infants.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's Coronation Street, Bethany is accused of planning to run off to London with Daniel and Bertie. Meanwhile, in EastEnders, prison-based Whitney claims she acted in self-defence.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's EastEnders, Tiffany's wedding ring is stolen. In Coronation Street Sarah and Adam look set to tie the knot, despite Sarah's fury her daughter is moving to London with Daniel.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's Coronation Street Ali is loaded into an ambulance after Gary partnered with Sharon to get revenge. Meanwhile in EastEnders, Jay practises proposing to Lola.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's Coronation Street, Evelyn reconnects with her old flame, bearded Arthur. Meanwhile, in Eastenders, Ben is visited by Danny, who has a proposition for him.




this week

Soapwatch: JACI STEPHEN'S ultimate insight into this week's soaps

In this week's Emmerdale Rhona is upset when Kim insists she won't get Graham's money. Meanwhile in Eastenders love and lust are in the air, with Ben admitting he loves Callum.




this week

Georgia Toffolo shares tribute to her grandfather who died this weekend

Georgia, also known as Toff, also explained her sadness at not being able to grieve with her family amid the coronavorus lockdown, writing: 'There's too much sadness at the moment.'




this week

Your guide to the best acts at this weekend's Glastonbury

After a fallow year, the greatest music show on Earth returns today at Glastonbury. Thousands have pitched their tents, but armchair viewers can enjoy the action without getting sunburnt.




this week

Rishi Sunak 'making final decision on future of furlough scheme this weekend'

Chancellor Rishi Sunak will make a final decision this weekend on when and how to phase out the government's coronavirus furlough scheme, it was claimed today.




this week

This weekend marks 40 years since Sir Alex Ferguson lifted his first top-flight trophy as a manager

BRIAN MAJORIBANKS: On a magical afternoon in Leith exactly 40 years ago, unfancied Aberdeen confounded the odds - and their critics - to break the spell cast over the land by the Glasgow giants.




this week

Bolton to begin liquidation this week after deal to sell the club collapses

Bolton Wanderers will officially begin liquidation this week after a deal to sell the football club dramatically collapsed, leaving the former Premier League side in a perilous position.




this week

Mobile phone detection cameras go live in NSW this weekend

Every day Australian drivers are caught on camera using their phones eating, reading and even doing drugs at speeds of up to 100km/h.




this week

Freight plane filled with Australian seafood expected to land in China this week

Tonnes of rock lobster left Perth for Shanghai in recent days as part of a deal with mining billionaire Andrew Forrest and the Western Australian government to import the medical equipment.