(Natural News) The World Bank on Tuesday has committed $12 billion in aid to help countries with the health and economic impacts of the global coronavirus (COVID-19) outbreak. The emergency aid package will include low-cost loans, grants and technical assistance, and is designed to provide a fast and reliable response for developing countries, especially those […]

(Natural News) With 51 confirmed coronavirus cases and 10 deaths, King County has been the center of the outbreak in Washington state. Now, county officials are suggesting its over two million residents to work from home in an attempt to reduce the number of infections. “Workplaces should enact measures that allow people who can work from home to do […]

(Natural News) What do you get when you combine a ‘just-in-time logistics’ economy with a global slump in the most common form of transportation for getting goods to market — shipping? In short order, you get chronic shortages of virtually everything. And that seems to be the course we are on right now, thanks to […]

(Natural News) Vice President Mike Pence turned some heads on Sunday when he told NBC News that local school districts could close over coronavirus, a huge hint that indeed that may be coming in the not too distant future, though it isn’t clear that such closures would have to be based on actual outbreaks. “I think […]

(Natural News) Even as the first American dies of the Wuhan coronavirus and the first U.S. state declares an emergency to prepare for what a much wider outbreak, the U.S. government has yet to declare a “pandemic,” but there could be significant financial reasons for that. As reported by MintPress News, there’s “a little-known specialized bond” […]

(Natural News) The U.S. stock market capped its worst week since the 2008 financial crisis on Friday, with all major stock indexes tanking over worries that COVID-19 could potentially end one of the longest economic expansions in history and send the global economy into recession. The CDC reports 15 confirmed COVID-19 cases in the U.S., […]

(Natural News) If you think global demand will rebound as global debt and confidence implode, you better not be making consequential decisions based on Euphorestra-addled magical thinking. (Article republished from CharlesHughSmith.Blogspot.com) Even before the Covid-19 pandemic, the global economy was slowing for two reasons: 1) everybody who can afford it already has it and 2) […]

(Natural News) Chinese President Xi Jinping finally made a public statement about the rapid, uncontrolled spread of the Wuhan coronavirus over the weekend, and it wasn’t optimistic. As reported by the South China Morning Post and republished by POLITICO, Xi made an “unprecedented” teleconference call that was open to every county government and military unit […]

(Natural News) The Trump administration is considering implementing new trade restrictions on China, particularly the telecom giant Huawei, to limit their use of American chip-making equipment. This comes as the administration seeks to cut China off from accessing key semiconductor technology. President Trump is yet to review the proposed changes, according to people familiar with the proposal. The […]

(Natural News) Whoever came up with the idea of the global village clearly never thought about how a disaster in one part of the village would affect all the other residents. The 2008 global financial crisis is a prime example of why interconnecting the entire planet’s financial health is a seriously bad idea. Depreciation in […]