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COVID-19 wipes 20,5 million jobs in the US; unemployment soars to 14,7%

The COVID-19 lockdown wiped out 20.5 million jobs in the United States in April, destroying nearly all the positions created in the prior decade in the world's largest economy, the Labor Department reported on Friday.




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Court orders final forfeiture of retired Army general’s N427 million

The general earned a salary of N750,000 before retirement.

The post Court orders final forfeiture of retired Army general’s N427 million appeared first on Premium Times Nigeria.




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Despite Covid-19, Customs in Port Harcourt declare improved N16Billion Qtr 1 revenue

By Egufe Yafugborhi – Port Harcourt Nigeria Customs Service, Area 1 Command, Port Harcourt, Rivers State, has posted N16,180,827,894.00 revenue for the First Quarter of 2020 despite the negative impact of Coronavirus. Customs Area Controller of the Command, Comptroller Auwal Mohammed who disclosed this in an operational report said the revenue was  N2,993,362,850.00 higher than
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The post Despite Covid-19, Customs in Port Harcourt declare improved N16Billion Qtr 1 revenue appeared first on Vanguard News.




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Korea May Purchase U.S. Weapons Worth Several Billion Dollars...Trump

After phone calls with Korean President Moon Jae-in on September 1 and 4, Donald Trump U.S. President said the Korean government agreed to purchase American-made weapons and military equipment worth several billion dollars. The White House revealed the news on September 4 that in phone calls between the two leaders "President Trump approved in principle to lift the weight limit of missile warheads the Korean military can mount." In a September 1 announcement, the White House also said simi...




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Man involved in Hawke's Bay $2.5 million meth bust gets prison sentence dropped

A man involved in a $2.5 million meth bust in Hawke's Bay has had his three and a half year prison sentence dropped to 12 months of home detention.Uriah Whetu Monty Wirihana received a prison sentence of three years and seven months...




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Lotto winner strikes million-dollar prize

One Lotto ticket's now worth $1 million - winning Division One in tonight's draw.The winning ticket was bought online by a Waikato player.That was this evening's biggest winnerStrike Four will be worth $800,000 and Powerball...




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Les dettes des compagnies p�troli�res aupr�s de l'Etat s'�l�vent � 67 millions de dollars

Le volume des dettes des compagnies p�troli�res aupr�s de l'�tat, s'�l�ve � 67 millions de dollars (l'�quivalent de 194 millions de dinars), a r�v�l� le minist�re de l'�nergie, des Mines et de la Transition �nerg�tique. ......




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Shipping: Worth the risk? USD 100 million case struck out for deliberate failure to give disclosure

Suez Fortune Investments Ltd and another v Talbot Underwriting Ltd [2016] EWHC 1085 (Comm) Introduction On the 15 January 2015, the English Commercial Court handed down a decision that highlights the importance of compliance with disclosure obligati...




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Online Child Abuse Complaints Surpass 4 Million In April. This Is How Cops Are Coping ...

As web-based child exploitation explodes, cops have to carry on doing their job while trying to stay safe from COVID-19 infection. ......




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U.K. Government Boosts Bicycling And Walking With Ambitious £2 Billion Post-Pandemic Plan

U. K. transport secretary Grant Shapps has announced emergency funding to enable local authorities to pay for “pop-up” cycling and walking infrastructure to enable physical distancing during lockdown. ......




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O2 and Virgin media sign a £31.4 billion merger agreement to form a telecom giant ...

O2 and Virgin media sign a £31.4 billion merger agreement to form a telecom giant in the UK. The new company will boast 46 million total subscribers and revenue of £11 billion. The joint venture plans on making a £10 billion investment in the United Kingdom in five years. Earlier this week on Thursday, Spain’s Telefonica (EBR: TFA) and UK’s Liberty Global (NASDAQ: LBTYA) announced to have signed a £31.4 billion...




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Hacker Claims Android App Store Breached: Publishes 20 Million User Credentials

The stolen records of 20 million users of a popular Android app store have been published online by a hacker who claims to have 19 million more. Not all app stores are the same. Android users have access to the … read more



  • Sci & Tech

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As US Unemployment Hits a Staggering 22 Million, Will UN Layoffs Be Far Behind?

The deadly coronavirus COVID-19, which has shut down the UN secretariat in New York, along with 32 of its agencies globally, has forced over 37,500 UN staffers worldwide to work from their homes. Asked about a decision to re-open the Secretariat building after nearly a month-long hiatus, UN spokesperson Stephane Dujarric said: “I don’t know. […]

The post As US Unemployment Hits a Staggering 22 Million, Will UN Layoffs Be Far Behind? appeared first on Inter Press Service.




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Q&A: Continued Social Distancing and Hundreds of Millions More in Poverty – A New Normal for the World?

With much of the global economy stalled amid an unprecedented lockdown of nations grappling to contain the COVID-19 pandemic, the author of a new United Nations report on the disease’s impact on poverty told IPS that hundreds of millions more could be pushed into poverty and we can expect to see social unrest. “A lockdown […]

The post Q&A: Continued Social Distancing and Hundreds of Millions More in Poverty – A New Normal for the World? appeared first on Inter Press Service.




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In the news: UN seeks $6.7 billion for COVID-19

Coronavirus adds 20 percent to the world's humanitarian bill.




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Irrfan Khan, of ‘Slumdog Millionaire,’ ‘Life of Pi,’ dies at age 54

Irrfan Khan, a veteran character actor in Bollywood movies and one of India’s best-known exports to Hollywood, has died. He was 54.Khan played the police ...




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Tiger Woods, Phil Mickelson, QBs to donate $10 million to virus relief

The next match involving Tiger Woods and Phil Mickelson involves a $10 million donation for COVID-19 relief efforts, along with plenty of bragging rights in ...




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The US lost 20.5 million jobs in April, a historic unemployment rate


The Labor Department's monthly employment report also showed the unemployment rate surging to 14.7% last month, shattering the post-World War II record of 10.8% touched in November 1982.




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Intel: US approves $2.3 billion sale of 43 Apache helicopters to Egypt

The US State Department has approved the $2.3 billion sale of 43 refurbished Apache helicopters to Egypt’s military.




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One billion people will live in insufferable heat within 50 years

LONDON: The human cost of the climate crisis will hit harder, wider and sooner than previously believed, according to a study that shows a billion people will either be displaced or forced to endure insufferable heat for every additional 1C rise in the global temperature. In a worst-case scenario...




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Coronavirus could infect 44 million in Africa if containment fails, World Health Organisation says

As many as 44 million people in Africa could be infected with Covid-19 in the first year of the pandemic if containment measures fail – causing 83,000 to 190,000 deaths – according to modelling by the World Health Organisation, reflecting fears of a potential widening crisis on the continent.The study, released on Thursday by WHO Africa, looked at 47 countries with a combined population of 1 billion people and suggested smaller countries alongside Algeria, South Africa and Cameroon were at a…




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Britain’s Prince Andrew sued over debt on US$22 million Swiss luxury chalet

Legal proceedings have been launched in Switzerland against Britain’s Prince Andrew and his ex-wife Sarah, a newspaper reported on Thursday, over money they were said to still owe on a luxury chalet.Queen Elizabeth’s second son and Sarah, who remain close despite their 1996 divorce, bought the plush holiday home in the Verbier ski resort in southwest Switzerland in 2014 for 22 million Swiss francs (US$21.7 million).The wooden chalet has seven bedrooms, an indoor swimming pool and a sauna, Le…




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Coronavirus kills 20.5 million US jobs in April in historic collapse

With shops and factories closed nationwide due to the coronavirus pandemic, nearly all of the jobs created in the US economy in the last decade were wiped out in a single month.An unprecedented 20.5 million jobs were destroyed in April in the world’s largest economy, driving the unemployment rate to 14.7 per cent compared to 4.4 per cent in March, the Labour Department said in its monthly report, the first to capture the impact of a full month of the lockdowns.The US is home to the world’s…




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More pain to come as harshest US downturn in history sees job losses for 20.5 million Americans

It took just one month for the labour market in the world’s largest economy to capsize. It will take longer for the damage to be fully realised.In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April, tripling the unemployment rate to 14.7 per cent, the highest since the Great Depression era of the 1930s. And it’s only set to worsen in May, as cuts spread further into white-collar work.“It’s devastating,” said Ryan Sweet, head of…




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1MDB scandal: US recovers another US$49 million siphoned from Malaysian fund

The United States has reached a settlement to recover more than US$49 million involving Malaysian sovereign wealth fund 1MDB, the US Department of Justice said.The government of former Malaysian prime minister Najib Razak set up the 1MDB fund in 2009 to promote economic development.The US justice department has estimated more than US$4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that has also embroiled Goldman Sachs…




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CZK 15 billion Prague metro service contract: also not done in due process

Prague Daily Monitor

After the weekend hack-a-thon proved that a CZK 401 million contract for a web based vignette system can be made in a few hours time, with 60 programmers, Prague's politicians are on a witch hunt. Next is the CZK 15 billion Prague metro maintenance contract which was signed without a public tender.

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Prague wants CZK 350 million tram line extension from Modřany to Nové Dvory

Prague Daily Monitor

The Prague Transport Authority (DPP) is funding a project to extend the tram track from Sídliště Modřany to Nové Dvory. The extension will be 1.8 kilometers long and cost about CZK 350 million. The target completion date would be 2027.

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Million Moments group resumes protests: Prague March 1st

Prague Daily Monitor

Along with spring comes Million Moments next protests, scheduled for March 1st in Prague. The planned gathering place is Hradčanská, from which the movement will take a scenic walk to Staroměstské náměstí and begin the official protest. The planned protests are the result of Wednesday's election of Stanislav Křeček as Ombudsman. The movement will inform the public on February 16th about dates for protests in other main cities across the country.

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Employee from General Financial Directorate suspected in CZK 10 million bribe

Prague Daily Monitor

Police from the National Center Against Organized Crime suspect an employee from the General Financial Directorate of agreeing to a ten million crown bribe, five million of which he had personally taken possession of. The spokesperson for the General Financial Directorate Zuzana Masatova said "the employee has been removed from service."

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Boosted by US$6 million Alibaba cash injection, Hong Kong compostable food packaging start-up takes on single-use plastics

Alarmed by the amount of rubbish they were generating by just drinking coffee and eating cup noodles, two former garments entrepreneurs decided it was time to find an eco-friendly alternative to all the plastic packaging that ends up in landfills globally.George Chen Dah-ren and Vivian Chang first approached material scientists in Hong Kong and mainland China, and were in 2013 pointed in the direction of Alexander Bismarck, then a Materials Science professor at Imperial College London. The…




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Two Hong Kong police officers arrested for possessing HK$12 million in drugs, which the force believes were stolen from record crystal meth haul a week earlier

Two police officers have been arrested for possessing more than HK$12 million (US$1.9 million) worth of drugs, which the force believes were stolen from the record haul of crystal meth seized last week.One of the two policemen detained, a 41-year-old station sergeant, who is attached to the Kowloon West anti-triad squad, was caught with 2kg of Ice in the Royal Garden Hotel in Tsim Sha Tsui East on Thursday, police said, just days after being part of a team that seized 296kg of the drug in a…




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Financial watchdog SFC has fined 10 banks almost HK$1 billion for IPO failures … but investors got nothing. Now they’re demanding change

Investors and lawmakers in Hong Kong are urging regulators to seek compensation for people who lose money when listed companies collapse shortly after their initial public offerings.Under the current system, when banks sponsoring IPOs are found to have fallen short in their due diligence duties, the proceeds of any fine imposed by the watchdog goes to the government, not investors. Those fines amount to almost HK$1 billion (US$130 million) over the last 20 years, according to calculations by…




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Hong Kong lawmakers reject a HK$1.4 billion loan plan for four international schools

Hong Kong lawmakers on Friday rejected a proposal by four international schools seeking a total of HK$1.4 billion (US$180 million) in interest-free loans for campus development as they face financial pressure during the coronavirus pandemic.This came as Harrow International School Hong Kong announced this week it would offer a 20 per cent reduction of the summer term tuition fees to parents, following an earlier petition demanding a fee cut of up to 25 per cent.The proposal, which was tabled by…




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Hong Kong Canto-pop star Aaron Kwok’s online charity concert draws about 2 million viewers, raising more than HK$1 million

Hong Kong’s Canto-pop “dancing king” Aaron Kwok Fu-shing’s online charity concert on Saturday afternoon to help the city’s struggling dancers attracted about 2 million viewers and raised more than HK$1 million, amid local signs of an easing coronavirus threat.Kwok’s onstage moves are known to be inspired by Michael Jackson. The one-hour performance by the singer-dancer-actor, 54, flanked by about 100 dancers, was live-streamed on multiple channels on social media from 5pm to 6pm.He performed on…




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Biggest ginseng seizure in Hong Kong history nets HK$47 million of traditional medicine from seagoing smugglers

Hong Kong authorities have seized 34 tonnes of American ginseng worth HK$47 million (US$6 million) and arrested seven people in what is by far the biggest-ever bust of its kind in the city.The haul breaks a record set less than three months ago, when more than three tonnes of the traditional Chinese medicine valued at about $HK4.6 million were seized in February.Police and customs officers discovered a “suspicious-looking” fishing boat to the northeast of Hong Kong’s international airport on…




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News24.co.ke | Equity bank in Nairobi robbed over what is believed to be millions

A group of suspected thieves robbed the Equity Bank, Kayole Branch in Nairobi on Saturday night getting away with a undisclosed amount of money.




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Coronavirus: Government slashes spending by €367 million

The finance ministry has slashed €367 million from public expenditure as part of a revision of the 2020 state budget amid the coronavirus crisis. The government savings were passed by the Council of Ministers. Giorgos Panteli, permanent secretary of the finance ministry, told the Cyprus News Agency that the savings...

The post Coronavirus: Government slashes spending by €367 million appeared first on Cyprus Mail.




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Millions at risk of tuberculosis amid COVID-19 lockdowns, warns study

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Drugs import from India: Shahbaz Sharif demands probe into billion-rupee scandal

LAHORE: Pakistan Muslim League-N President and National Assembly opposition leader Shahbaz Sharif has demanded an in-depth investigation into the medicine scandal through a parliamentary...

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One billion people will live in insufferable heat within 50 years

LONDON: The human cost of the climate crisis will hit harder, wider and sooner than previously believed, according to a study that shows a billion people will either be displaced or forced to endure...

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]




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Blake Shelton, Gwen Stefani buy stunning $13 million mansion in Los Angeles

Blake Shelton and Gwen Stefani are taking the next step in their relationship




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Life-threatening extreme heat set to trap millions indoors by 2060

Extreme heat and humidity are increasing across the globe, threatening millions of lives and economies in places where it could become fatal to work outdoors, scientists said Friday.




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Drugs import from India: Shahbaz demands probe into scandal of billions

LAHORE: Pakistan Muslim League-N President and National Assembly opposition leader Shahbaz Sharif has demanded an in-depth investigation into the medicine scandal through a parliamentary committee.“Coming on the heels of sugar, wheat and IPPs scandals, the latest drug scandal indicates how...




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Drugs import from India: Shahbaz demands probe into billion-rupee scandal

LAHORE: Pakistan Muslim League-N President and National Assembly opposition leader Shahbaz Sharif has demanded an in-depth investigation into the medicine scandal through a parliamentary committee.“Coming on the heels of sugar, wheat and IPPs scandals, the latest drug scandal indicates how...




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Drugs import from India: Shahbaz Sharif demands probe into billion-rupee scandal

LAHORE: Pakistan Muslim League-N President and National Assembly opposition leader Shahbaz Sharif has demanded an in-depth investigation into the medicine scandal through a parliamentary committee. Sugar, wheat and IPPs scandals, the latest drug scandal indicates how powerful mafias within the...




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How can we help the millions displaced each year by disasters? -- by Steven Goldfinch, Rebekah Beatrice Ramsay

Governments in the region need to invest more in prevention and response to the long-term impacts of disaster displacement.




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Gov't to Stockpile 100 Million Masks

The government will stockpile 100 million face masks to prepare for a second wave of coronavirus but will also send them to about 70 countries in need."We've already allocated the budget necessary to stock up 100 million masks," Minister of Food and Drug Safety Lee Eui-kyung said Thursday. "Some 70 ...





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This iconic Cherry Hills Village home listed at $7.75 million after major renovations

An exquisite estate in Cherry Hills Village that finished as a finalist for the 2019 Home of the Year in Colorado Homes & Lifestyles Magazine was recently listed for sale at $7.75 million.




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Golfer Greg Norman’s Colorado ranch — featuring seven lakes, a dance hall and 11,600 acres — can be yours for $50 million

Surrounded by the White River National Forest, the 11,600-acre Seven Lakes Ranch located in the Meeker Valley is up for sale three years removed from extensive renovations.