omi

Customs union has not helped UK firms, economist says

Gerard Lyons tells CNBC there is too much fear about leaving the EU without a deal.




omi

The economic decline in the first quarter reveals even weaker consumers and more unknowns ahead

Consumers reined in spending faster than expected in the first quarter, probably even before states issued stay-at-home orders.




omi

The way out of the recession depends on the level of consumer fear, economists say

Never before has the U.S. fallen into a recession led by the services sector, so there is no real road map for the recovery.




omi

Why some traders are seeing promise in Shanghai stocks

Aggressive traders are starting to enter the Shanghai market in anticipation of a trend change, writes Daryl Guppy.




omi

Credit Suisse's Michael Binetti on economic recovery

Michael Binetti, Credit Suisse Analyst, joins "Closing Bell" to discuss markets.




omi

These advisors help their clients tackle this unknown looming cost

Financial advisors are turning to a variety of options to help clients prepare for the potential cost of help with daily activities like eating and dressing — otherwise known as long-term care.






omi

States expanding liability protections to business as economies reopen

As businesses start to reopen, many are wondering if they can be legally responsible if someone gets sick. CNBC's Ylan Mui reports on liability protection efforts.




omi

April jobs report can shed light on how long the unemployment crisis could last, economist says

The April jobs report is expected to show the worst unemployment rate since the Great Recession. Michelle Girard, chief U.S. economist at NatWest Markets, and Beth Akers, senior fellow at the Manhattan Institute, joins "Squawk Box" to discuss what they expect.




omi

Bloomin' CEO on reopening restaurants and Covid-19 impact

David Deno, Bloomin' Brands CEO, joins 'Closing Bell' to discuss what their reopened restaurants look like, the company's first quarterly earnings, what customers are ordering and the April jobs loss number.




omi

For MLS, anything less than astronomical losses could be a victory

The league’s centralised structure should help during the pandemic but it is also vulnerable in a way that European competitions are not

The warning from Adrian Hanauer was stark. According to the Seattle Sounders majority owner, the shutdown caused by the Covid-19 pandemic could result in “astronomical” losses for Major League Soccer teams. “Hundreds of millions, billions, really big numbers,” he told the Sounder At Heart podcast earlier this month.

Hanauer’s remarks were in line with much of what is being said around the soccer world. The sport has never experienced anything like this with entire seasons on hold, soon to be abandoned in some cases, and competitions such as Euro 2020 and Women’s Euro 2021 pushed back a whole year. For all the meetings that have been held and contingency plans drawn up, nobody can guarantee when play will resume.

Continue reading...




omi

Letter: Tomie dePaola obituary

Tomie dePaola was ahead of his time in terms of environmental awareness and gender roles. One of the loveliest picture books that I read to my now 40-something children was his Michael Bird-Boy (1975), whose understanding of the role of bees and flowers in the process transformed the practices of Boss Lady, who ran the environmentally unfriendly honey factory. I still have a copy, and the drawings and words are glorious.

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  • Children and teenagers
  • Books

omi

'There is a glimmer of hope': economists on coronavirus and capitalism

Greece’s former finance minister Yanis Varoufakis and Irish economist David McWilliams on the hope for a global new deal

David McWilliams: I think it is fair to say that capitalism – in the course of this unprecedented crisis – has been suspended. We are not going back to where we were, to business as usual. The state has come back, and this episode will not be forgotten by the electorate. I don’t know where we are going, but one thing seems clear: we are not going back.

Yanis Varoufakis: I like this phrase: capitalism has been suspended. The last time capitalism was suspended in the west was during the second world war, with the advent of the war economy: a command economy that fixed prices. The war economy marked the transcendence of the standard capitalist model.

The fact that Germany is now in the same pile of shit as the rest of us offers a glimmer of hope

My sense is that the period when you could travel, engage, move, we might have reached the end of that open period.

This is an edited version of a conversation that will appear in A Vision for Europe 2020: Nothing But an Alternative, published this month by Eris.

Continue reading...




omi

Bank of England offers hope amid Covid-19's grim economic spectacle | Larry Elliott

Threadneedle Street says the economy hasn’t been as bad as this for 300 years – so it can only can get better

It’s hard to be all that cheerful when you are bracing yourself for the biggest annual contraction in the economy since before the South Sea Bubble crisis of 1720, but somehow or other the Bank of England has managed to find some nuggets of hope amid all the gloom.

To be sure, the short-term news from Threadneedle Street was as grim as everybody had expected. Having fallen by 3% in the first three months of 2020, activity is projected to drop by a further 25% in the second quarter and by 14% over the calendar year.

Related: Don't expect a snapback for the UK economy after lockdown is lifted | Larry Elliott

One of the two main definitions of recession in the UK is at least two quarters of negative economic growth. Judged by this yardstick, the UK was last in recession in 2008-09, when there were six consecutive quarters of negative growth. 

Continue reading...




omi

War and the weather: what caused the huge economic slump of 1706?

With biggest plunge in output in 300 years being predicted, we explore why the last great recession happened

Queen Anne was on the throne. Work had just started on Blenheim Palace in honour of John Churchill’s victories over Louis XIV’s French armies in the war of Spanish succession. The union between England and Scotland was imminent.

1706 is how far economic historians have to look back to find a slump bigger than the one that now threatens the country as a result of the Covid-19 pandemic.

Related: UK unemployment to double and economy to shrink by 14%, warns Bank of England

Continue reading...




omi

Kotak Infrastructure & Economic Reform Fund- Direct Plan- Growth Option

Category Equity Scheme - Sectoral/ Thematic
NAV 15.786
Repurchase Price
Sale Price
Date 08-May-2020




omi

Kotak Infrastructure & Economic Reform Fund- Direct Plan- Dividend Option

Category Equity Scheme - Sectoral/ Thematic
NAV 15.606
Repurchase Price
Sale Price
Date 08-May-2020




omi

Kotak Infrastructure & Economic Reform Fund - Standard Plan-Growth

Category Equity Scheme - Sectoral/ Thematic
NAV 14.359
Repurchase Price
Sale Price
Date 08-May-2020




omi

Kotak Infrastructure & Economic Reform Fund - Standard Plan-Dividend

Category Equity Scheme - Sectoral/ Thematic
NAV 11.484
Repurchase Price
Sale Price
Date 08-May-2020




omi

What is economic survey?

What is economic survey?




omi

Economist Letter to the Editor references Morrissey




omi

Economist Thomas Piketty: Coronavirus Pandemic Has Exposed the "Violence of Social Inequality"

As nearly 30 million Americans have filed for unemployment in just six weeks and millions worldwide face hunger and poverty, we look at the global economic catastrophe triggered by the pandemic and its impact on the most vulnerable. As the World Food Programme warns of a massive spike in global hunger and more than 100 million people in cities worldwide could fall into poverty, can this crisis be a catalyst for change? We ask French economist Thomas Piketty. His 2014 internationally best-selling book, "Capital in the Twenty-First Century," looked at economic inequality and the necessity of wealth taxes. His new book, "Capital and Ideology," has been described as a manifesto for political change.




omi

Reliance Jio Likely To Have Two More Investors In the Coming Days: Report

It seems that Reliance Jio is likely to garner more funds as two companies might invest in its platform in the coming days. Now, it has been reported that the US-based private equity firm General Atlantic is expected to invest about




omi

Q&A: Walter Kemmsies, JLL Economist and Chief Strategist

Logistics Management Group News Editor Jeff Berman recently caught up with Walter Kemmsies, economist and chief strategist for industrial real estate firm JLL. Their wide-ranging conversation covered various topics, including: the impact of COVID-19 on logistics and supply chain operations, inventory management shifts, and why now is a great time to be in industrial real estate, among others.




omi

Hugo Nomination Rumination

As I’ve mentioned on social media, I only have two works eligible for awards nomination from 2017: The Stone Sky, and my Uncanny short story Henosis. Last year was tough, so I didn’t get much writing done. I’m sure a lot of you can relate. But since people have asked for my thoughts on this… […]




omi

The Tiger King and I: The Final Part - The Amish Are Not Cool and I'm Coming Home

Part 9, the final installment, of an exclusive look into the madness that was being an employee of 'Tiger King," a controversial zoo that is the subject of a wildly popular new Netflix documentary series.




omi

Brazil faces 'economic collapse' in 30 days due to lockdown, minister says

Brazil could face "economic collapse" in a month's time due to stay-at-home measures to stem the coronavirus outbreak, with food shortages and "social disorder," Economy Minister Paulo Guedes warned Thursday.




omi

Covid-19: French economic activity down 33 percent, Insee says

Economic activity in France picked up slightly over the last two weeks as the country prepares to emerge from a coronavirus lockdown, but it remains a third below normal levels, the INSEE official statistics agency said on Thursday.




omi

Violent protests against economic hardship in Lebanon

Protests against growing economic hardship erupted in Tripoli and spread to other Lebanese cities on Tuesday, with banks set ablaze and violence boiling over into a second night.




omi

Lebanon approves long-awaited economic rescue plan after months of unrest

The Lebanese government on Thursday approved a long-awaited plan to rescue the economy from its worst crisis in decades following a fresh wave of angry street protests this week. Nationwide protests broke out in October accusing the country's political class of corruption and mismanagement.




omi

Work and leisure return to Wuhan as Covid-19 fears and economic fallout linger

After 76 days under lockdown, China's Wuhan city is gradually returning to a new normal. But while Covid-19 infection rates have fallen, social distancing measures are still in place and the economic repercussions for the industrial hub are also becoming clear.




omi

Comic [1572] "childish"

Chapter 12: "Broken" comic 1572
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omi

Comic [1573] "real pain"

Chapter 12: "Broken" comic 1573
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omi

Comic [1574] "crushin' me"

Chapter 12: "Broken" comic 1574
[read...]
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omi

Comic [1575] "busted"

Chapter 12: "Broken" comic 1575
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omi

Comic [1576] "couldn't help it"

Chapter 12: "Broken" comic 1576
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omi

top 12 comics on here

Today on Toothpaste For Dinner: top 12 comics on here


WE NEED YOUR HELP: Please chip in $1 or more on Patreon so I can continue to update Toothpaste For Dinner, Married To The Sea & The Worst Things For Sale online and updating daily. I can not do this without your support on Patreon.




omi

up and comin

Today on Toothpaste For Dinner: up and comin











omi

Comic: 2020-04-13

New Comic: 2020-04-13




omi

Comic: 2020-04-17

New Comic: 2020-04-17




omi

Comic: 2020-04-27

New Comic: 2020-04-27




omi

Comic: 2020-04-29

New Comic: 2020-04-29