Archive for ‘Others-USA-Europe-etc.’

01/04/2020

US Unemployment Rate Could Soon Reach 32%: Fed Economists Warn

The number would be “more than three times worse than the peak of the Great Recession,” which in 1929 peaked at 25 percent unemployment.

Lockdown in major cities and self-isolation has forced millions of business to close down.

Lockdown in major cities and self-isolation has forced millions of business to close down. | Photo: EFE | Phoo posted here from teleSUR’s article

31 March 2020 (teleSUR)* — United States economists at the Federal Reserve Bank of St. Louis warned Tuesday [31 March 2020] that if the current rate of U.S. job losses continues the country’s unemployment rate could reach 32.1 percent, the highest in nearly a century.
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01/04/2020

Modern Day Slavery Reaches a Far Corner of the World

Human Wrongs Watch

UNITED NATIONS, Apr 1 2020 (IPS)* – The deadly, fast-spreading coronavirus which upended three key UN conferences—on the empowerment of women, on nuclear disarmament and on indigenous rights—claimed another casualty last week when a commemorative meeting on the transatlantic slave trade was postponed.

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Credit: UN Office of the High Commissioner for Human Rights (OHCHR)

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01/04/2020

Stuck Inside? Here Are Ideas to Bring Nature In

1 April 2020 (UN Environment)* — Are you stuck in self isolation to help flatten the coronavirus curve? On official quarantine or lockdown? Are you taking on a new role as “home school teacher due to school closures? Here are a few ways to bring the outside in — enjoyable for learners of all ages.

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Shady Rabab with a flute made from an old plastic bottle. Photo by UNEP

Explore the underwater world from the comfort of your home.

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Take virtual dives and swim with corals and beautiful marine life.

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01/04/2020

COVID-19 Cruelly Highlights Inequalities and Threatens to Deepen Them

Human Wrongs Watch

By Patrick Belser, ILO Senior Economist*

The COVID-19 pandemic is exacerbating already existing inequalities – from catching the virus, to staying alive, to coping with its dramatic economic consequences. Policy responses must ensure that support reaches the workers and enterprises who need it most.

GENEVA, 30 March 2020 (ILO)* – In many countries, income inequality has risen steeply since the 1980s, with adverse social and economic consequences. The COVID-19 pandemic now cruelly highlights those inequalities – from catching the virus, to staying alive, to coping with its dramatic economic consequences.

01/04/2020

‘The Rights and Health of Refugees, Migrants and Stateless Must Be Protected in COVID-19 Response’

Human Wrongs Watch

Joint press release from OHCHR, IOM, UNHCR and WHO

Brazil. UNHCR holds information sessions on COVID-19 with Warao communityA young Warao indigenous refugee from Venezuela washes her hands after an educational session on preventing the spread of the coronavirus, given by UNHCR and a partner NGO, Fraternidade, at a shelter in Boa Vista, in northern Brazil.  © UNHCR/Allana Ferreira

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01/04/2020

Economic Sanctions Should Be Urgently Lifted to Prevent Hunger Crises in Countries Hit by COVID-19 – UN Special Rapporteur on the Right to Food

Human Wrongs Watch

(UN News)* — As the world exhibits new bonds of solidarity in response to the coronavirus pandemic, it is a matter of “humanitarian and practical urgency to lift unilateral economic sanctions immediately,” to prevent hunger crises in pandemic-hit countries, a UN human rights expert, said on Tuesday [31 March 2020].  

WFP/Beyaz | The UN World Food Programme (WFP) and partners are working around the clock to provide food to displaced families in northwest Syria.

The continued imposition of such measures on Syria, Venezuela, Iran, Cuba and Zimbabwe in particular, severely undermines the fundamental right to sufficient and adequate food, Hilal Elver, the UN Special Rapporteur on the Right to Food, stressed.

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31/03/2020

Short-Term and Long-Term Futures

Human Wrongs Watch

By John Scales Avery – TRANSCEND Media Service*

We See Clearly What Is Near to Us

There is a remarkable contrast in the way that governments around the world have responded to the COVID-19 pandemic and the way that they have responded to the climate emergency.

John-Scales-Avery

John Scales Avery

The pandemic, which indeed represents an extremely grave danger to humanity, has produced a massive global response.

Borders have been closed, airlines have become virtually inoperative, industries, restaurants and entertainments have been closed, sporting events have been cancelled or postponed, people have been asked to stay at home and practice social distancing, and the everyday life of citizens around the world has been drastically changed.

By contrast, let us consider the threat that if immediate action is not taken to halt the extraction and use of fossil fuels, irreversible feedback loops will be initiated which will make catastrophic climate change inevitable despite human any human efforts to prevent it.

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31/03/2020

Outcry as Migrants in India Are Sprayed With Disinfectant

A video circulating on social media showing migrants sprayed with disinfectant to fight the spread of the coronavirus sparked outrage in India.

India imposed a three weeks lockdown, prompting thousands of workers to return to their villages after losing their jobs.India imposed a three weeks lockdown, prompting thousands of workers to return to their villages after losing their jobs. | Photo: EFE (Photo posted here from teleSUR’s article).

(teleSUR)* — Health workers in India caused outrage Monday [30 March 2020] on social media after spraying a group of migrant workers with chemical disinfectant, amid fears that a massive displacement of people from cities to the countryside could spread the novel coronavirus.

31/03/2020

Socialism at Its Finest after Fed’s Bazooka Fails

Human Wrongs Watch

By Ellen Brown | Web of Debt – TRANSCEND Media Service*

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.  

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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

$2.5 Trillion COVID-19 Rescue Package Needed for World’s Emerging Economies

Human Wrongs Watch

(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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