We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.

Major players in commercial real estate, construction and organized labor are teaming up with the United Way to try to place thousands of and minorities into trade careers in Chicago, where there is both a shortage of skilled labor and a dearth of jobs in swaths of the city.

We construct a quantitative model of an economy hit by an epidemic. People differ by age and skill, and choose occupations and whether to commute to work or work from home, to maximize their income and minimize their fear of infection. Occupations differ by wage, infection risk, and the productivity loss when working from home. By setting the model parameters to replicate the progression of COVID-19 in South Korea and the United Kingdom, we obtain three key results. First, government-imposed lock-downs may not present a clear trade-off between GDP and public health, as commonly believed, even though its immediate effect is to reduce GDP and infections by forcing people to work from home. A premature lifting of the lock-down raises GDP temporarily, but infections rise over the next months to a level at which many people choose to work from home, where they are less productive, driven by the fear of infection. A longer lock-down eventually mitigates the GDP loss as well as flattens the infection curve. Second, if the UK had adopted South Korean policies, its GDP loss and infections would have been substantially smaller both in the short and the long run. This is not because Korea implemented policies sooner, but because aggressive testing and tracking more effectively reduce infections and disrupt the economy less than a blanket lock-down. Finally, low-skill workers and self-employed lose the most from the epidemic and also from the government policies. However, the policy of issuing “visas” to those who have antibodies will disproportionately benefit the low-skilled, by relieving them of the fear of infection and also by allowing them to get back to work.

An already-unlikely motive in the Ahmaud Arbery murder case became even more suspicious on Friday. The two Georgia men who were caught on video shooting the unarmed jogger to death in February claim they were chasing a suspect behind a series of burglaries in the area. But a local police official said the last break-in the neighborhood was reported nearly two months before the shooting.

In Côte d’Ivoire, employees at Fairtrade-certified cocoa cooperatives have higher salaries and better working conditions than those at non-certified organizations. Farm laborers, on the other hand, don’t fare as well.

A new analysis predicts that 3,196 animals will join the 5,579 already snared in the global wildlife market.

The Clippers have made some trade inquiries but coach Doc Rivers and forward Paul George talk about the strength of the current roster.

Both the Lakers and Clippers have engaged in trade talks with the New York Knicks for forward Marcus Morris, but will a deal be made before the deadline?

While Kawhi Leonard and Paul George certainly helped the Clippers' transformation into an NBA title contender, the team's trades from a year ago played a big role too.

A trade between the Dodgers and Angels that made a big difference sent Andy Messersmith to L.A. and Frank Robinson to Anaheim, but Steve Garvey stayed put.

Angels owner Arte Moreno explained how Gerrit Cole was his team's primary target in the offseason, but despite his team's big offer, "you knew no matter what I did, we were going to get outbid."

Luis Rengifo has a good glove, but despite his compact build, the Angels infielder has significant power.

The Kings traded forward Klye Clifford and backup goalie Jack Campbell to the Toronto Maple Leafs for forward Trevor Moore and draft picks.

Tyler Toffoli, who scored a hat trick in his last game with the Kings on Saturday, was traded to the Vancouver Canucks on Monday.

Alec Martinez won two Stanley Cups with the Kings over 11 seasons. Now, he's set to be moved to the Vegas Golden Knights for two draft picks.

Alec Martinez, who scored the goal that won the Stanley Cup for the Kings in 2014, is sent to Vegas for two second-round draft picks.

The Ducks dealt forward Ondrej Kase to the Boston Bruins in exchange for forward David Backes, prospect Axel Andersson and a 2020 first-round pick.

Tyler Toffoli, Alec Martinez and Kyle Clifford, who all won two Stanley Cups with the Kings, and Ondrej Kase from the Ducks were among veterans traded.

The Ducks won the distinction of making the most deals in the final hours before Monday's NHL trade deadline while the Kings only made one trade.

The Dodgers nearly traded away Ross Stripling to the Angels, but the pitcher is more concerned with perfecting his changeup as the team's swingman.

An already-unlikely motive in the Ahmaud Arbery murder case became even more suspicious on Friday. The two Georgia men who were caught on video shooting the unarmed jogger to death in February claim they were chasing a suspect behind a series of burglaries in the area. But a local police official said the last break-in the neighborhood was reported nearly two months before the shooting.

With Trader Joe's, Joe Coulombe targeted well-educated, well-traveled consumers who were not affluent but who had sophisticated tastes.

UCLA will cancel traditional graduation ceremonies and hold them remotely to prevent the spread of the coronavirus, Chancellor Gene Block announced Wednesday.

California on Monday sued two gasoline trading firms, alleging they took advantage of a 2015 refinery explosion in Torrance to improperly drive up the price at the pump.

Our healthcare system has not been overwhelmed. It's time to return to normal for most people while taking measures to protect the vulnerable.

'To provide counsel to the president on the reopening of America'

The Polestar 2, the first electric car to go straight up against Tesla's Model 3, is due to go on the market in the U.S. by summer 2020.

In her new Netflix series "Never Have I Ever," co-creator Mindy Kaling introduces American viewers to the Hindu practice of Ganesh Puja.

NOSTRADAMUS is hailed as the world's greatest prophetic mind, with three predictions people think he got right. Did he predict the coronavirus outbreak?

Flexibility mechanisms were defined in the Kyoto Protocol as different ways to achieve emissions reduction as part of the effort to address climate change issues. These fall into the following categories: Emissions Trading, Joint Implementation and Clean Development Mechanism.

However, these have been highly controversial as they were mainly included on strong US insistence and to keep the US in the treaty (even though the US eventually pulled out). Some of the mechanisms face criticism for not actually leading to a reduction in emissions, for example.

The updates to this article includes a couple of videos summarizing some concerns about cap and trade.

Image ©: Centre for Science and Environment

Read full article: Climate Change Flexibility Mechanisms

WET markets in Asia are still trading despite the devastating spread of coronavirus around the world.

KATE, the Duchess of Cambridge, has hit a huge royal milestone with a post on Instagram as the mother-of-three celebrated her son's birthday with adorable portraits on the social media page.

The worst part of the COVID-19 outbreak for the vast majority of healthy Americans is the uncertainty of the situation, a letter to the editor says.

The Hendricks County 4-H Fairgrounds hosted a Winter pow wow put on by Indianapolis Tecumseh Lodge, Danville, Saturday, Jan. 4, 2020.

A tentativa resultou em pelo menos oito mortes e a prisão até agora de 13 pessoas, incluindo dois cidadãos americanos.

Wilson flashed promise in Year 2 after being a second-round pick but was benched last season

Although it hasn’t actually happened yet, the odds are strong that the Korean War may be finally coming to an end.  New information has come to light that North Korean leader Kim Jong-un has been meeting secretly with China’s President Xi Jinping shortly before the planned summit meetings with President […]

The Pacers dealt the No. 2 pick in the 1984 draft for one season of Tom Owens

The Vasquez family makes tamales to sell at the Carmel Farmer's Market

The Pacers dealt the No. 2 pick in the 1984 draft for one season of Tom Owens

Iran has blamed US sanctions for impeding its fight against Covid-19 - but the US says that's not true.

President Trump believes the US is being unfairly treated by other countries when it comes to trade.

China should apply a permanent ban on the wildlife trade in the wake of the coronavirus outbreak.

A chronology of key events

Key facts, figures and dates

Mink have caught Covid-19, adding to the list of infected animals, and prompting calls for trade bans.

His unforced errors would make it hard on a U.S. manufacturer.

Whatever meager gains Trump’s trade deals represent hardly look worth the pain we endured getting here.

Elana Medo has dedicated many decades of her life to making mother’s milk available to premature babies. Now a questionable trade secret lawsuit threatens to destroy her life’s work and leave preterm infants without access to life-saving milk. The cost of a Corporation Stealing from an Individual has been the loss of human lives — […]

The post Trade Secrets Claimed by Prolacta to Steal Founders’ Company – Again appeared first on ReadWrite.

We want to know how your thoughts on attending live person events through the end of this year.

Please visit Search Engine Land for the full article.