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Bank of England warns coronavirus could cause biggest economic slump in 300 years

The Bank of England said the economy could contract by as much as 3% in the first quarter.




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Why no one really knows the economic outcome of the coronavirus crisis

From a rapid recovery to prolonged depression and everything in between, the range of possible outcomes from the coronavirus crisis is vast.




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Singapore, Malaysia announce billions in stimulus to prop up economies as coronavirus spreads

Singapore and Malaysia are spending billions to keep their economies afloat, while Indonesia has reported its largest rise in cases in a single day.




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Jobless claims double in a week as coronavirus takes toll on US economy

The coronavirus outbreak continues to upend all aspects of American life, including the November presidential election.




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Coronavirus economy is already hurting Trump's re-election chances, economists say

Still, it's an open question whether the economy will ultimately doom Trump in November. One election model still predicts a Trump victory by a wide margin.




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Economic lockdown causes big reduction in air pollution globally

Researchers believe the reduction in air pollution from a one-year lockdown could prevent 780,000 premature deaths globally.




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As the day unfolded: Donald Trump to suspend immigration into US as COVID-19 economic fallout hits Virgin Australia, oil price, Australian death toll at 72

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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Economic lockdown causes big reduction in air pollution globally

Researchers believe the reduction in air pollution from a one-year lockdown could prevent 780,000 premature deaths globally.




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As the day unfolded: Donald Trump to suspend immigration into US as COVID-19 economic fallout hits Virgin Australia, oil price, Australian death toll at 72

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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Astronomers just found the closest black hole to Earth

Weighing in at more than four times the sun’s bulk yet emitting no detectable light, an invisible object is almost certainly a black hole, researchers reported Wednesday in Astronomy and Astrophysics. Most strikingly, it sits just 1,000 light years from our solar system, closer than any other known black hole.




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Mercury Nominated Rapper Ty Has Died

He had contracted coronavirus...

Mercury nominated rapper Ty has died, it has been confirmed.

The British-Nigerian artist - real name Ben Chijioke - was much loved figure within the UK hip-hop community, both for his warm, outgoing personality and his skills on the mic.

Nominated for the Mercury with his album 'Upwards', he contracted coronavirus earlier this year.

Admitted to hospital, an online fundraising account was set up to aid him, and it was reported earlier in the week that his condition had improved.

Sadly, The Voice has confirmed tonight - May 7th - that Ty has passed away at the age of 47.

Enormously sad news, his passing has prompted a wave of mourning across UK music.

If ever there was a time to discover your new favourite MC, or to re-visit some old classics, it's now.

Join us on the ad-free creative social network Vero, as we get under the skin of global cultural happenings. Follow Clash Magazine as we skip merrily between clubs, concerts, interviews and photo shoots. Get backstage sneak peeks, exclusive content and access to Clash Live events and a true view into our world as the fun and games unfold.

 




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Frustration and fear turn to hope as WA flags economic revival in roadmap

Local businesses forced to close by the pandemic are offered a glimmer of hope, as the WA Government flags the state could be more "economically progressive" than others due to its low COVID-19 case numbers.




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Australia faces biggest economic contraction since Great Depression, Reserve Bank warns

Reserve Bank governor Philip Lowe warns Australia's unemployment rate is likely to hit 10 per cent by June, and even though Australia will recover, the coronavirus emergency "will cast a shadow over our economy for some time to come".




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'Severe and long-lasting impacts': Queensland braces for economic fallout amid Virgin administration

For Queensland, the pain of a possible collapse of Virgin Australia runs deep, with nearly half of its workforce based in the state.




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What does Tasmania's economy face post-coronavirus?

CommSec's State of the States latest report reveals Tasmania's economy performing stronger than it had for more than 10 years. But that was before the coronavirus crisis hit. What's ahead?




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'Look at it fly!': Pentagon releases footage of 'unidentified aerial phenomena'

Videos of unidentified flying objects have been officially released by the Department of Defense after unauthorised distribution in 2007 and 2017.




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Lebanon rocked by riots over economic hardship, as one protester dies in Tripoli

A shutdown to fight the spread of COVID-19 has made a dire situation even worse in Lebanon, with its currency plunging in value.




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Markets surge on Fed's promise to act 'aggressively' to save a stalled economy

The ASX joins a global rally after the Federal Reserve says it will "aggressively" use its "full range of tools" to aid the recovery, as the US economy records its worst slump since the global financial crisis.




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In the middle of an economic crisis, one sector is experiencing a surprise 'COVID surge' in jobs

While the economic tsunami of coronavirus shutdowns hammers most sectors, WA's resources industry has jobs created on mine sites where providers of support services like catering, cleaning and maintenance are in high demand to keep mine sites safe.




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Shutdown costing economy $4 billion a week as Cabinet prepares to assess restrictions

Josh Frydenberg will tell the National Press Club he is happy a discussion about lifting coronavirus restrictions is taking place earlier than first planned as new analysis says the Australian economy is losing $4 billion a week.





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Brazil on verge of economic collapse and food shortages, leaders warn

Brazil's President says steps must be taken as soon as possible to bring Latin America's largest economy out of "intensive care", as controversy continues over the Government's handling of the coronavirus crisis.




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US economy 'on life support' as unemployment soars to nearly 15 per cent

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, but President Donald Trump says "all those jobs will be back" very soon.




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Economic lockdown causes big reduction in air pollution globally

Researchers believe the reduction in air pollution from a one-year lockdown could prevent 780,000 premature deaths globally.




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As the day unfolded: Donald Trump to suspend immigration into US as COVID-19 economic fallout hits Virgin Australia, oil price, Australian death toll at 72

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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TV Academy reiterates rule change making Oscar-nominated movies ineligible for Emmys


The TV Academy made the alteration in March in an attempt to limit documentaries from catapulting from the Oscar stage to the Emmy podium.




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U.S. economy lost 20.5 million jobs in April

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the coronavirus pandemic is battering the world's biggest economy.




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Deficit reduction will have to wait for the economic recovery, federal officials say

As the fallout from COVID-19 adds hundreds of billions of dollars to the national debt, senior federal officials say there will be no aggressive attempts at deficit reduction until Canada's economic recovery is well underway.




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From Best Dressed to School MVP, nominate a high school senior for Senior Week superlatives

The Tribune is celebrating the Class of 2020 for Senior Week, and readers can nominate seniors for superlatives like School MVP and Most Athletic.




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Javid proposes different lockdown rules based on age to reopen economy

Britain must turn its attention to the economy now it is through the peak of the coronavirus crisis, Sajid Javid has told Sky News.




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Urgent economic measures being considered as Government moves to calm public

Scott Morrison says Australians need to "help each other out" as ministers call for an end to panic buying, and travel restrictions and bans on mass gatherings come into force.




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TV Academy: If your work is nominated for an Oscar, you can't win an Emmy too

Television Academy reiterates a rule change made in March after Oscars relax rules amid pandemic.




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Italy begins easing lockdown and rebooting its economy

Italy Easing Lockdown




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Trump calls Americans 'warriors' in fight to open the economy

As COVID-19 deaths keep rising, Trump's message has shifted from 'one is too many' to praising Americans as warriors fighting to open the economy.




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UK 'must prioritise green economic recovery'

Boris Johnson needs to prioritise the environment as the UK recovers from coronavirus, firms say.




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PierianDx Acquires Tute Genomics for Undisclosed Sum

Tute Genomics is opening a new door for precision medicine by enabling researchers and clinicians to utilize human genome data for scientific discovery and individualized treatment.




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Scientists are developing an anti-coronavirus surface coating based on nanomaterials

The research by Ben-Gurion University (BGU) and the National Institute of Biotechnology in the Negev (NIBN), has received financial support from the Israel Innovation Authority as part of a call for proposals for coping with the coronavirus.




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2020 National Xconomy Awards Finalists Will Be Announced on June 22

Xconomy is excited to announce we’ve had an overwhelming amount of interest in the inaugural National Xconomy Awards. The hundreds of outstanding nominations highlight the groundbreaking, inspiring companies and individuals we look to honor. Stay tuned for when we reveal the finalists on Monday, June 22. Due to COVID-19 we have postponed the planned June […]




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Data science firm Genomics Plc names new Chief Strategy Officer

Data science firm Genomics Plc, which lays claim to “the world’s largest genomic database”, has welcomed Mitchell Harris to the company and its senior leadership team as its Chief Strategy Officer.

Joining from his previous role as Global Head, Emerging Business Lines at Abcam, Harris’ career has given him ample experience in commercial strategy and operations. Prior to his most recent role at Abcam, he acted as the company’s Head of Proteins Portfolio Commercial and Business Development.

read more




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NEW: The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers

I am pleased to announce our new 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, available for purchase and immediate download.
We’re offering special discounted pricing if you order before March 22, 2020.

The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers is a truly unique resource. With 203 proprietary charts, exhibits, and data tables, this 11th edition provides a comprehensive, fact-based, and non-partisan tool for understanding the entire U.S. drug pricing, reimbursement, and dispensing system.

The full document clocks in at 374 pages. I can safely say there is nothing else available that comes close to this report.

The chart below illustrates the depth and breadth of the 2020 edition. The numbers indicate the report chapter that corresponds to, explains, and analyzes each channel flow.

[Click to Enlarge]

Below, you can read more info and some behind-the-scenes tidbits.

P.S. If you would like to pay by corporate purchase order or check, please email Tamra Feldman. If you preordered the report, you should have already received an email with download instructions. Please contact us if you did not receive the email.
Read more »
        




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Astronomers May Have Found the Closest Black Hole to Earth

At just 1,000 light-years away, an object in a nearby star system could be our nearest known black hole—but not everyone is convinced

-- Read more on ScientificAmerican.com




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Mallinckrodt’s INOmax successful in trial of neonates with pulmonary hypertension

UK-based Mallinckrodt Pharmaceuticals has ended a trial of INOmax (nitric oxide) gas early due to positive…



  • Drug Trial/Inomax/Mallinckrodt/Nitric Oxide/Pharmaceutical/Research/Respiratory and Pulmonary/UK

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Former Boeing Engineer Convicted of Economic Espionage in Theft of Space Shuttle Secrets for China

A former Rockwell and Boeing engineer from Orange County, Calif., was remanded into custody this morning after a federal judge convicted him of charges of economic espionage and acting as an agent of the People’s Republic of China, for whom he stole restricted technology and Boeing trade secrets, including information related to the Space Shuttle program and Delta IV rocket.



  • OPA Press Releases

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Credit Suisse Agrees to Forfeit $536 Million in Connection with Violations of the International Emergency Economic Powers Act and New York State Law

The forfeiture is the largest ever entered against an entity for IEEPA violations.



  • OPA Press Releases

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Attorney General Holder Delivers Remarks at the Organisation for Economic Co-Operation and Development

"Only by working together, across borders and jurisdictions, can we ensure that the ideals set forth in the Anti-Bribery Convention more than a decade ago are realized today and in the future.  And only by working together will the promise of democracy be fulfilled, and will the rule of law be respected, across the globe," said Attorney General Holder.




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Barclays Bank PLC Agrees to Forfeit $298 Million in Connection with Violations of the International Emergency Economic Powers Act and the Trading with the Enemy Act

Barclays Bank PLC, a United Kingdom corporation headquartered in London, has agreed to forfeit $298 million to the United States and to the New York County District Attorney’s Office in connection with violations of the International Emergency Economic Powers Act and the Trading with the Enemy Act.



  • OPA Press Releases

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Chinese National Pleads Guilty to Economic Espionage and Theft of Trade Secrets

Kexue Huang, a Chinese national and a former resident of Carmel, Ind., pleaded guilty today to one count of economic espionage to benefit a component of the Chinese government and one count of theft of trade secrets.



  • OPA Press Releases

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Chinese National Sentenced to 87 Months in Prison for Economic Espionage and Theft of Trade Secrets

Kexue Huang, a Chinese national and a former resident of Carmel, Ind., was sentenced today to 87 months in prison and three years of supervised release on charges of economic espionage to benefit components of the Chinese government and theft of trade secrets.



  • OPA Press Releases

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U.S. and Chinese Defendants Charged with Economic Espionage and Theft of Trade Secrets in Connection with Conspiracy to Sell Trade Secrets to Chinese Companies

A federal grand jury in San Francisco has charged five individuals and five companies with economic espionage and theft of trade secrets for their roles in a long-running effort to obtain U.S. trade secrets for the benefit of companies controlled by the government of the People’s Republic of China.



  • OPA Press Releases

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Acting Associate Attorney General Tony West Speak at Faith and Neighborhoods in Action: A Symposium to Address Economic Recovery Through Strong Communities and Job Creation

"Through the Strong Cities, Strong Communities Initiative, the White House is leading a federal effort to spark economic growth in five cities and one region, helping them to maximize resources and leverage partnerships with businesses, philanthropies, and non-profit organizations," said Acting Associate Attorney General West.