31/03/2020
In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in making matters worse. The government then pulled out all the stops. To our staunchly capitalist leaders, socialism is suddenly looking good.
Ellen Brown
The financial crisis began in late February, when the World Health Organization announced that it was time to prepare for a global pandemic.
The Russia-Saudi oil price war added fuel to the flames, causing all three Wall Street indices to fall more than 7 percent on March 9. It was called Black Monday, the worst drop since the Great Recession in 2008; but it would get worse.
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31/03/2020
(UN News)* — The economic fallout from COVID-19 is likely to get “much worse” before it gets better for some six billion people living in developing economies, the UN said on Monday[30 March 2020], in an appeal for a $2.5 trillion rescue package to boost their resilience to further hardship.
©UNICEF/Vincent Tremeau | Developing countries like Burkina Faso may need extra support from the international community as a result of the COVID-19 pandemic.
According to new analysis from
UNCTAD, the UN trade and development body, commodity-rich exporting countries will face a $2 trillion to $3 trillion drop in investment from overseas in the next two years.
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31/03/2020
30 March 2020 (UN News)* — Combatting the COVID-19 pandemic must also include stamping out what one independent human rights expert has called the “darker sides” of the disease: verbal and physical attacks against Chinese and other minority communities, and excluding them from access to healthcare.
World Bank/Curt Carnemark | A woman wears a medical mask in China. (file photo)
“COVID-19 is not just a health issue; it can also be a virus that exacerbates xenophobia, hate and exclusion,” said Fernand de Varennes, the UN Special Rapporteur on minority issues, in a statement issued on Monday [30 March 2020]. He reported that politicians and groups are exploiting fears surrounding the disease to scapegoat certain communities, leading to a rise in violence against them.
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31/03/2020
By Robert J. Burrowes*
In a recent article I reported existing evidence on the way in which COVID-19 is being used to implement, but also divert attention from, initiatives being taken by the global elite to consolidate and expand its power in significant ways, and perhaps to make the final drive to take total control of global society. See ‘Observing Elites Manipulate Our Fear: COVID-19, Propaganda and Knowledge’.
Robert J. Burrowes,
Moreover, while global attention is focused on COVID-19, attention has been distracted from the many other ongoing crises – particularly including the vast range of threats that constitute an imminent danger to human existence: see ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’ – and no doubt other undesirable initiatives being carried out by the global elite outside our view.
In addition, activism has been stymied as activists are either themselves distracted by COVID-19 or hindered by the measures (such as ‘social distancing’ and bans on public gatherings) introduced to supposedly deal with it.
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30/03/2020
“It is a duty of a society of solidarity in times of crisis to ensure that migrant citizens have access to health and social security,” the Minister of Internal Affairs said.
29 March 2020 (teleSUR)* — The current socialist government in Portugal decided to grant citizenship rights to all migrants and asylum seekers with pending residency applications from Monday until July 1 at least due to the COVID-19 pandemic, the country’s authorities announced Saturday [28 March 2020].
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30/03/2020
UNITED NATIONS, Mar 30 2020 (IPS)* – As coronavirus makes its way through different continents, countries, and communities around the world having claimed more than 23,000 lives, experts are ringing alarm bells about the implications of the disease as it hits South Asia, which hosts almost 2 billion of the world’s population.
The first case of coronavirus was found near Cox’s Bazar in Bangladesh.Over a million Rohingya refugees are now cramped in hilly terrains of Ukhiya in southeastern regions of Cox’s Bazar along Bangladesh border with Myanmar. Credit: ASM Suza Uddin/IPS
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30/03/2020
FAO’s Chief Economist maps the ways the world can mitigate shocks to agriculture and food systems (*).
Global food supply chains are complex and include these kale farmers in Uganda.
The COVID-19 pandemic has put the world on a crisis footing, with unprecedented actions to restrict movements and plans for radical deployment of public funds to combat the threat posed by a novel coronavirus that knows no boundaries.
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29/03/2020
The headlines provide abundant details about economic shutdowns in order to slow the spread of the COV-19 virus.
Dr. David Adams
But behind the headlines, there is another story more important in the long run: the global economy is a house of cards based on speculation and military spending.
It seems likely that the house of cards will come crashing down as a result of the global economic shutdown.
The details of how this will come about in economic terms are difficult to predict since there are so many interacting factors.
But even more important is how this can play out in political repercussions and opportunities.
Will it provide us with the opportunity to make the transition from the culture of war to a culture of peace?In the novella that I wrote ten years ago, I foresaw a global economic crash in the year 2020, which opened the possibility for this radical transformation.
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29/03/2020
Hidden secrets to discover future
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What Is Chinese Astrology?
24 March 2020 — (Wall Street International* — Chinese astrology and constellations were mostly used for divination. Chinese astrology is perhaps the oldest known horoscope system in the world.
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