Politics & Government

COVID-19: How to Social Distance (now a verb)

“Social distancing” is a public health strategy that helps populations slow the transmission of contagious diseases. As the coronavirus continues to spread throughout the United States, authorities have urged communities to suspend school and cancel large events. Individuals are urged to stay at least six feet from others when moving through public spaces. Authorities recommend stocking up on food, water, ...

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Politicians Want End of Drug Reliance from China

Amid the rapidly growing coronavirus situation, which certainly has most everyone’s attention, two politicians bring up once again the matter of drug shortages in the United States. The matter was first brought to light back in 2011, which saw a shortage of injectable drugs, and it resulted in the formation of the Drug Shortage Task Force, an agency overseen by ...

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The Stock Market Rallies Once Again

After a large loss yesterday at the stock market, Tuesday saw a large recovery. Investors are glad to see such a strong one-day gain after things were looking quite bleak on Monday. Salary Tax Cuts for Business Promised One of the events that were believed to bring some positive action to the markets was the White House’s move to help ...

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Trump Announces $3B Defense Deal with India

Speaking to a cheering crowd in Ahmedabad on Monday, President Donald Trump announced plans to sign a series of massive military deals with India. India’s government has already approved the purchase of 24 maritime helicopters from Lockheed Martin for $2.6 billion and the US State Department has approved the potential sale of $1.8 billion in rifles, missiles, and other weapons ...

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China Reopens Market and Gets a Rebound

There is no doubt that coronavirus is still having a strong impact on the world economy – especially China’s. A slowdown of the spread of the disease cannot be expected any time soon but it still has not yet been labeled a pandemic. The virus continues to affect a rapidly growing number of people and about 369 deaths have occurred ...

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Federal Reserve Strikes Again! – Monetary Policy Decisions on Rates, Inflation, Market Liquidity

The Federal Open Market Committee (FOMC) meeting on Wednesday, January 29, yielded no change on the federal funds interest rate range of 1.5 to 1.75 percent. However, the interest on excess reserves rate (IOER) did get a slight push upwards, moving from1.55 percent to 1.6 percent. To help maintain that federal funds rate range, the FOMC authorized the Open Market ...

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How Coronavirus Is Affecting the Stock Market

There is now no doubt that coronavirus is seriously beginning to affect the market. It appears to be affecting markets all across the board, which has dropped considerably. The only thing doing well today is gold. Gold prices today have reached the highest levels since 2013. China and Coronavirus Coronavirus continues to spread and the news coming out of China ...

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Trump’s Economic War Is Working. How Much More Will Iranians Take?

Iran’s mullahs and generals may still be threatening all-out war with the U.S. But their economic advisors must be panicking. The Iranian economy — strangled by U.S. sanctions that have killed a staggering 85 percent of the country’s oil exports since May 2018 — is plunging deeper into recession. This is the part of the Trump Administration’s conflict with Iran ...

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Are You Aware of the Upcoming Changes in Social Security?

The Social Security Administration (SSA) is always making changes to their requirements and how much they will pay. The changes are often annual, and if you are thinking about preparing for retirement and waiting to draw on Social Security for retirement income, you need to pay attention to those changes. A couple of years ago, retirees receiving a social security ...

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Central Banks Around the World: No Action, Lots of Hints

The last 48 hours have seen numerous central bank announcements around the globe and what we have seen for the most part is very little action, but lots of hints as to which way they are leaning. It started with the Federal Reserve keeping the Fed Funds target rate between 1.5% and 1.75%. This is what investors expected so this ...

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