Special to WorldTribune.com By John J. Metzler After years of consistent economic expansion and growth throughout much of the world, the global economy is facing tectonic shocks from the COVID-19 pandemic. For developed states such as the United States and Western Europe, the “unseen enemy” of the virus has shattered economic forecasts and international commerce; […]
by WorldTribune Staff, May 11, 2020 President Donald Trump “built the most powerful and beautiful economy in the world in three years,” and “the Chinese Communist Party took it down in 60 days,” White House trade adviser Peter Navarro charged on Sunday. Speaking on Mother’s Day in an interview on Fox News’s “Sunday Morning Futures”, […]
FPI / May 10, 2020 Commentary by Jason Orestes Anytime China is brought up in mainstream dialogue, the general messaging tends to be as follows: China is an adversary and a problem, we know they lie, break laws, and outright steal from the U.S. and its companies. But we have to play nice because they […]
Special to WorldTribune, May 5, 2020 By Frank Luber What do Red China and the socialists in the United States have in common? The determination to “fundamentally change” this country into something the Founding Fathers would not recognize. It was former President Barack Obama who first mentioned it during his first presidential campaign. Audiences, not […]
by WorldTribune Staff, April 26, 2020 May will be a key month for economic recovery as states begin to emerge from government-imposed coronavirus lockdown, White House Press Secretary Kayleigh McEnany said on Saturday. There is a “lot of pent up demand in this country” with “a lot of people at home who are ready to […]
Commentary by WorldTribune, April 23, 2020 Those who are continuing to press for America to stay in coronavirus lockdown are ignoring solid evidence which shows America can and should re-open, analysts say. “Americans are now desperate for sensible policymakers who have the courage to ignore the panic and rely on facts,” Scott W. Atlas of Stanford […]
by WorldTribune Staff, April 23, 2020 Harvard University has a $40.9 billion endowment, the largest in the world and greater than the gross domestic product of 90 countries. On April 22, Harvard said it would return the $8.6 million in coronavirus relief funds it received from the federal government. But, while doing so, the Ivy […]
by WorldTribune Staff, April 21, 2020 The United States travel industry has lost eight million jobs amid the coronavirus crisis. That is a third of the industry’s U.S.-based jobs, the U.S. Travel Association said. Travel spending on airlines, hotels, and the hospitality industry has sunk so low that spending losses will top half a trillion […]
by WorldTribune Staff, April 19, 2020 The Committee for a Responsible Federal Budget has projected that debt held by the public due to the coronavirus crisis “will exceed the size of the economy by the end of Fiscal Year 2020 and eclipse the prior record set after World War II by 2023.” The budget-focused think […]
by WorldTribune Staff, April 17, 2020 Americans are struggling mightily to cope with the economic impact of the coronavirus crisis. Many wait for days just to file for unemployment on overloaded state websites. Some who filed in March have yet to receive their first weekly check. Others struggling to make ends meet are waiting in […]