Devastating coast-to-coast winter weather is estimated to have caused around $155 billion in economic damages, making it likely that February 2021 was the costliest in terms of weather impact in recent US history, UPI reports. The estimated economic damage costs for the entire 2020 Atlantic hurricane season were a comparatively small $60 billion to $65 billion.
The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they’d revive their derailed drive to boost the minimum wage.
Prime Minister Benjamin Netanyahu issued a special statement from Sheba Hospital in Tel Hashomer ahead of Purim, in which he also listed the five stages until the full opening of the economy after the closure.
Hundreds of thousands of people, including Christians, have fled ongoing deadly Islamist attacks shaking parts of Mozambique, and many face starvation, Christian aid workers, told Worthy News.
The US Labor Department announced Thursday that the number of first-time jobless claims increased to 861,000 for the week ending Feb 13, around 13,000 more than the prior week, Just the News reports. The number of claims for last week reflects the global economy that continues to struggle under the impact of COVID-19.
The number of first-time jobless claims for U.S. workers last week increased to 861,000, roughly 13,000 more than in the previous week, the Labor Department reported Thursday.
The European Union has urged Hungary to allow one of the nation’s last independent radio stations to continue after it was forced off-air on Monday.
President Biden’s vow to expand U.S. engagement with allies will be put to the test later this week when he participates in a virtual meeting with leaders of the world’s wealthiest democracies and then delivers remarks to the annual Munich Security Conference.
Germany’s Interior Ministry hired scientists to help create an atmosphere of fear to justify government-imposed lockdowns and other restrictive measures during the coronavirus pandemic, internal documents show, prompting outrage among opposition leaders.
Pope Francis urged world leaders to use the COVID-19 pandemic as a way to “rethink the relationship between individuals and the economy,” in his annual foreign policy address to the Holy See diplomatic corps on Monday.
Israel has a new political party committed solely to tackling what it says are “years of injustices” in the country’s Ministry of Health that have led to the current catastrophic handling of the COVID-19 pandemic, All Israel News reports. Offering policies that contradict the government’s extensive lockdown and other preventive measures, the “Rapeh” (Be Healthy) party is now listed for the March 2021 general election.
The economy will grow in 2021 at its fastest rate in 17 years as vaccines are administered across the country and life returns to normal, the Congressional Budget Office projected Monday.
Chinese President Xi Jinping on Monday said that governments worldwide must do more to work together and put the global economy back on track.
In some of his first acts as president, Democrat Joe Biden rejoined the Paris climate agreement, despite warnings by the previous administration it cost billions and undermines America’s economy.
The incoming Biden administration will work toward the speedy passage of its $1.9 trillion coronavirus relief plan, Voice of America reports.
Outgoing U.S. President Donald J. Trump, who became the voice to millions feeling voiceless, has trumpeted his administration’s accomplishments and wished his successor luck.
Italy’s embattled Prime Minister Giuseppe Conte won a crucial Senate confidence vote Tuesday night, allowing him to keep his shaky coalition afloat.
Centrist Armin Laschet has pledged to heal divisions after being elected to lead Angela Merkel’s Christian Democrats (CDU) and perhaps succeed her as Germany’s chancellor.
Europe searched for effective leadership Saturday after the collapse of several governments and an expected tough election for Germany’s next chancellor.
The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei, and their subsidies, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy.