WASHINGTON, D.C. -- As states begin to weigh the implications of reopening businesses in the midst of the coronavirus pandemic, 71% of Americans say the country is in an economic depression or recession, a figure that has remained at or above 70% since mid-April.Line graph.

The percentage of Americans who believe the country's economy is in a recession or depression. In Gallup's May 18-24 survey, 71% of respondents thought the economy was in a recession or depression, the sixth consecutive week this figure has been above 70% and an increase of 14 percentage points since Gallup first asked the question from March 23-29.When Gallup first asked the question from March 23-29, 57% of Americans believed the country was in a depression (20%) or a

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What does World Bank say about recovery from the pandemic induced recession?

₹20.9 trillion economic package announced by the government."As such, additional policy measures to support activity may be needed in the coming months," it said.Policymakers are clearly not done supporting their respective economies. In the coming months, more measures would be seen so that the world economy not just survives but is also able to get back on its feet.Click here to read the Mint ePaperLivemint.com is now on Telegram.

India pandemic economy

Asian shares mostly higher, tracking Wall St rally

TOKYO – Shares were mostly higher in Asia on Tuesday after the Nasdaq composite touched a fresh record as enthusiasm about reopening the economy pushed Wall Street still higher. Japan's benchmark Nikkei 225 lost 0.4% to finish at 23,091.03 and South Korea's Kospi was flat at 2,184.57.

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New Zealanders shop, party, hug to mark start of a new Covid-free life

Wellington: New Zealanders hugged and kissed, shopped, and planned parties today as the country took off all coronavirus restrictions for the first time in more than three months, while much of the rest of the world is still grappling with the pandemic.The South Pacific nation of 5 million declared on Monday that it was free of the coronavirus, becoming one of the first countries in the world to return to pre-pandemic normality.This meant no more limits on people in cafes, malls, stadiums, night clubs or public and private gatherings.

gatherings pandemic economy Coronavirus

More than 7 million infected with COVID-19 and over 400,000 dead worldwide, according to Johns Hopkins

Floyd, an unarmed black man, died on May 25 after Derek Chauvin, a Minneapolis police officer, knelt on his neck for an extended period of time.RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updatesNumerous figures and organizations indicated their support of Black Lives Matter and the protests. Health officials, including Centers for Disease Control and Prevention director Robert Redfield, have expressed concern that protests will contribute to a spike in coronavirus cases.The COVID-19 milestones also come at a time when cities and states are starting to reopen their economies.

Robert Redfield Derek Chauvin city Minneapolis covid-19 economy prevention Coronavirus

Railway freight earnings decline 38% on year during April-May

₹13,436 crore, data released by the railway ministry showed. In terms of volume, freight traffic was down 28% on-year in April-May at 149 million tonne (MT).In May, freight earnings fell to ₹7,437 crore from ₹11,043 during the same period a year ago.

India economy

₹2,000 per 10 gram from last month's highs

₹46,072 per 10 gram, following a ₹400 rally in the previous session. Silver futures on MCX declined 0.12% to ₹48,127 per kg after surging about ₹900 in the previous session.

Usa India economy Government Coronavirus

Windows smashed at Orlando church, pastor believes his message prompted attack

ORANGE COUNTY, Fla. – An Orlando church is cleaning up after being vandalized. The pastor of God is Able Outreach church is disappointed after he said vandals went on a window-smashing spree at his church on Sunday night.Pastor Stovelleo Stovall said he delivered a message of peace and nonviolence to his congregation during Sunday’s church service.

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Premier, business community confident Saskatchewan economy will bounce back from coronavirus

Saskatchewan’s premier said he’s “bullish” about the province’s ability for a strong economy as more businesses reopen.Monday marks the start of Phase 3, which will see almost all closed businesses allowed to open their doors after restrictions were put in place because of the coronavirus pandemic.The only businesses which aren’t allowed to open are casinos, bingo halls and theatres. On June 5, Statistics Canada’s labour report showed many employees going back to work have seen their hours reduced.The premier believes that will be temporary.“It’s our hope that those hours will be resumed and resumed very quickly.

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5 clever tricks to get your picky child to eat fruits and vegetables

Or feast on tasty veg such as asparagus, cucumbers, mushrooms, courgette, spinach, tomatoes and radishes.They're all fantastic, healthy choices which are perfect for creating yummy meals that should appeal to the whole family.But if - like many parents out there - you've got a pint-sized picky eater on your hands, it isn't always that easy to persuade them to tuck in at meal times.So we've pulled together five great hacks which should help to get your little ones eating fruits and vegetables in no time...Almost everything tastes better with butter, right? But there's actually some science behind this trick.Lots of vegetables are bitter and young palettes are actually extra sensitive to this kind of flavour.A small knob of butter can take

economy

A US recession began in February in the face of coronavirus

WASHINGTON : The US economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record.The economists said that employment, income and spending peaked in February and then fell sharply afterward as the viral outbreak shut down businesses across the country, marking the start of the downturn after nearly 11 full years of economic growth.A committee within the National Bureau of Economic Research, a trade group, determines when recessions begin and end.

Usa Washington outbreak economy Government Coronavirus

Urban unemployment rate falls sharply as economy opens up

NEW DELHI : The urban job loss rate dropped 8 percentage points in the first week of June from the preceding seven days, in a sharper-than-expected turnaround as the government lifted nearly all lockdown-related curbs, allowing factories and offices to reopen.Urban unemployment fell to the lowest level since the lockdown was announced at 17.08% in the week to 7 June from 25.14% in the week ended 31 May, according to data released by Centre for Monitoring Indian Economy (CMIE).

city New Delhi India hospital covid-19 economy Government Coronavirus

Neil Young Slams President Trump in Black Lives Matter Letter: 'I Believe He Will Be Powerless Soon'

Neil Young shared a message of hope with his fans in a Viewpoint article for his Neil Young Archives Times-Contrarian website Saturday (June 6) that publicized his support for the Black Lives Matter movement and his disdain for President Donald Trump.

Donald Trump Neil Young president 2020 pandemic Coronavirus

U.S. entered recession in February after record expansion, economists say

U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record.The economists said that employment, income and spending peaked in February and then fell sharply afterward as the viral outbreak shut down businesses across the country, marking the start of the downturn after nearly 11 full years of economic growth.A committee within the National Bureau of Economic Research, a trade group, determines when recessions begin and end.

covid-19 Coronavirus US Coronavirus

Downing Street 5pm press briefing - the essentials from Hancock’s half hour

1 - That’s still a no-go to sunny SpainMatt Hancock signalled that there is little chance of quarantine rules forcing people into 14 days self-isolation if they return from travel abroad being lifted in time for Scottish school holidays.The policy will be reviewed at the end of June, by which time Scottish schools will be out for the summer.Get all the top Scottish politics news sent straight to your Inbox by signing up to our Politics newsletter.We cover Holyrood, Westminster and local councils, with a current focus on how our governments are handling the coronavirus pandemic.To sign up, simply enter your email address into the pink box near the top of this article.Alternatively, you can visit our newsletter sign up-centre.

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Economy to shrink 5% this year, fiscal stimulus not enough to support growth

NEW DELHI : S&P Global Ratings on Monday said Indian economy will shrink 5 per cent in the current fiscal, saying the fiscal stimulus worth 1.2 per cent of GDP will not be enough to provide significant growth support.In a report on emerging markets titled 'Financial Conditions Reflect Optimism, Lockdown Fatigue Emerges', S&P said the services sectors, which are large employers, have been severely affected, leading to widespread job losses."Migrant workers have been geographically displaced, and we expect it will take some time to unwind this process.

city New Delhi India pandemic economy Government

hollywoodreporter.com

08.06.2020 / 19:27

35%

504

Barack Obama Encourages Graduating Students: "You Can Create a New Normal"

Former President Barack Obama sent some words of encouragement to graduating students in his commencement speech that streamed Sunday as part of YouTube's Dear Class of 2020. "It's fair to say that your generation is graduating into a world that faces more profound challenges than any generation in decades," he said, referencing the coronavirus pandemic, the hundred thousand lives lost and the impact on the economy.

Barack Obama president 2020 pandemic economy Coronavirus

Coronavirus: Ontario regional re-opening planning strategy in works

It now looks like Ontario is going to take a regional approach reopening the economy, but what remains unclear is the timeline and how it’s all supposed to work. Travis Dhanraj reports.

Travis Dhanraj economy Coronavirus

Most stocks on Wall Street rise again on hopes for economy

NEW YORK : Most stocks are rising on Wall Street as markets continue to ride the high supplied by Friday’s surprisingly encouraging report on the U.S. jobs market.The S&P 500 was up 0.3% in morning trading on Monday, bringing it back within 5.4% of its record set in February, as optimism strengthens that the worst of the coronavirus-induced recession may have already passed.

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The 2020 stock outlook as the economy re-opens

With stock markets starting to rally after their tumble earlier in the year, what is in store for retirement savings and the stock market for the rest of 2020? Assante Capital wealth advisor Michael Martella joins Global’s Laura Casella.

Laura Casella Michael Martella city Assante 2020 economy

David Molyneux - The measures being put in place for shoppers and traders as Wigan and Leigh indoor markets to reopen - manchestereveningnews.co.uk

manchestereveningnews.co.uk

08.06.2020 / 15:45

65%

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The measures being put in place for shoppers and traders as Wigan and Leigh indoor markets to reopen

Wigan and Leigh will reopen to shoppers from next week.Traders at both market halls will be able to return from Monday, June 15 as part of a phased reopening.It is hoped all stallholders will eventually return by July 4.The announcement comes a week after Wigan’s outdoor market reopened to the public.As traders prepare to reopen, a host of measures are being put in place to maintain social distancing, including floor markers, hand sanitising facilities and extra security and staff to ensure customer flow.Coun David Molyneux, the leader of Wigan Council, said: “Reopening our market halls is a positive step forward in the recovery of our local economy amid the coronavirus pandemic and we have been in contact with our traders over recent weeks

David Molyneux pandemic economy Coronavirus

Cristobal is now a depression, moving north toward Canada

NEW ORLEANS – Tropical Storm Cristobal weakened into a depression early Monday after inundating coastal Louisiana and ginning up dangerous weather along most of the U.S. Gulf Coast, sending waves crashing over Mississippi beaches, swamping parts of an Alabama island town and spawning a tornado in Florida.Heavy rainfall anda storm surge continued posing a threat across a wide area of the coast after Cristobal made landfall Sunday afternoon packing 50-mph (85-kph) winds between the mouth of the Mississippi River and the since-evacuated barrier island resort community of Grand Isle.

state Florida Canada state Louisiana parish Orleans state Mississippi city New Orleans state Alabama city Baton Rouge, state Louisiana county Grand Isle testing Department Coronavirus

As covid-19 hits demand, DLF does a strategy rejig

₹75-125 lakh.The company reported weak financial performance for the March quarter (Q4). Revenue and operating earnings dropped 32-40% from the year ago quarter.

India covid-19 economy

Susanna Reid - Piers Morgan - George Floyd - Derek Chauvin - Benjamin Crump - George Floyd's family's lawyer believes murder charge should be changed to first degree - mirror.co.uk - Britain

George Floyd's family's lawyer believes murder charge should be changed to first degree

George Floyd's family's lawyer, Benjamin Crump, appeared on Good Morning Britain today and spoke to hosts Piers Morgan and Susanna Reid.

Susanna Reid Piers Morgan George Floyd Derek Chauvin Benjamin Crump Britain death innovations shock

Asian shares advance on Wall St jobs rally, OPEC plus deal

BANGKOK – Shares advanced Monday in Asia, buoyed by surprisingly strong U.S. jobs figures that helped power a surge on Wall Street on Friday.

New York city Bangkok pandemic economy Government Coronavirus

Kim Jong-un all smiles and social distancing weeks after mysteriously vanishing

Kim Jong-un seemed in good spirits as he chaired a meeting of his ruling Workers Party's politburo - while sitting two metres apart from colleagues.

Kim Jong North Korea city Pyongyang outbreak economy Coronavirus

Pubs in England 'to reopen on June 22 in effort to save 3.5 million jobs'

Pubs in England could be allowed to open again on June 22, it is claimed, as ministers battle to save millions of jobs.

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Risk-averse lenders press pause on new home loans

MUMBAI : Lenders are hitting the brakes on disbursing sanctioned home loans, unwilling to take risks. Home loans make up over 50% of the retail loan sector.

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Amid rise in Covid-19 cases, India to open its economy further

Saumya Tewari, Suneera Tandon & Shuchi Bansal contributed to this story.Click here to read the Mint ePaperLivemint.com is now on Telegram. Join Livemint channel in your Telegram and stay updated

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ANALYSIS: A looming coronavirus debt crisis could swamp Canadian households

coronavirus pandemic that began as a public health crisis then metastasized into an economic crisis is likely to finish as a debt crisis that could end up swamping not only some governments but also hundreds of thousands — if not millions — of Canadian households.The growing accumulation of debt at the household level combined with reduced incomes to service that debt — two phenomena characteristic of this pandemic — also threatens to slow the recovery.

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Nikki Sanderson: 'Feeling empty' Hollyoaks star opens up after 'hard' depression battle

Countryfile star Helen Skelton, 36, in Channel 4's SAS Who Dares Wins final last week, has opened up about "feeling empty" in the coronavirus lockdown.The former Coronation Street actress revealed she suffered from 'bad' depression in her twenties and needs to keep her mind motivated while at home with her boyfriend Greg Whitehurst.Nikki, who lives with her partner of five years, Greg, has gone into detail about their time in lockdown together.The SAS Who Dares Wins star told The Mirror how she has had to keep busy after suffering from depression in her twenties.Nikki divulged: "I have to.

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Brit tourist trapped down well for 6 days after breaking leg being chased by dog

A tourist who was being chased by a dog fell into a 13-foot deep well where he remained trapped for several days.Brit Jacob Roberts broke his leg when he fell into the well near Petjatu on the Indonesian resort island of Bali.After six days without food or water, he managed to attract the attention of a passing farmer who raised the alarm.Local search and rescue chief Gede Darmada said: "Jacob's calls for help were heard by a local who was going to feed his cows."After being winched from the bottom of the well Jacob, 29, said that he had been chased through the village by an aggressive dog and stumbled into the well by accident.South Kuta police chief Yusak Agustinus Sooai said: "He looked thin and injured."The victim claimed to have been

Indonesia hospital pandemic economy evacuation Coronavirus

Hollyoaks' Nikki Sanderson opens up about 'very very bad depression' in her 20s

Nikki Sanderson has opened up about the "very very bad depression" she endured back in her 20s.

Nikki Sanderson Sarah Platt city Sanderson doctor stars

Mint Lite | India emerges from lockdown, diamonds pile up & other news to know

George Floyd’s killing continue, and companies like Nike and Amazon have spoken out against racism. Corporates usually don’t show solidarity but this time, speaking up seems to be an imperative.

Donald Trump George Floyd Usa India economy mask Coronavirus

Opinion | Covid is playing change agent for both better and worse

Two developments over the past couple of months—one quiet and global and the other local but widespread—contain some glimpses of future changes once humanity comes to terms with coronavirus. These changes might be short-lived, but will provide a view of an alternative future, both beautiful and ugly at the same time.

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Covid-19 vaccine will take minimum 1 year to be available widely: Singapore PM Lee Hsien Loong

SINGAPORE : The much-needed vaccine to combat the coronavirus will take at least one year before it becomes available widely, Singapore Prime Minister Lee Hsien Loong said on Sunday, urging the people to "learn to live" with COVID-19 for a long time.He asked Singaporeans to play their part in limiting the spread of the virus by maintaining personal hygiene, wearing masks, observing safe distancing rules and avoiding crowded gatherings."It will take at least a year, probably longer, before vaccines become widely available," said Lee in the first of six national broadcasts on Singapore's future after the COVID-19 pandemic in the coming days.

Lee Hsien Loong Singapore city Singapore county Lee covid-19 vaccine economy Government

Hollyoaks’ Nikki Sanderson reveals battle with ‘very very bad depression’ in her 20s

HOLLYOAKS and Coronation Street favourite Nikki Sanderson has opened up on the darker side of life off-camera and her "very bad" battle with depression. The Blackpool-born actress, now 36, joined ITV soap Corrie as Sarah Platt's best mate Candice Stowe aged just 15, and left the cobbles aged 21.

Nikki Sanderson Sarah Platt city Sanderson doctor stars

86% of Covid-19 cases in Tamil Nadu asymptomatic, says CM

Chennai: As many as 86 per cent of Tamil Nadu's COVID-19 cases have been found to be asymptomatic, and the lockdown and related curbs have helped keep the pandemic under check, Chief Minister K Palaniswami said on Sunday. In a statement detailing the various efforts taken to address the COVID-19 situation since February, he also said that the state's mortality rate was the lowest when compared to even some foreign countries, besides other Indian states.

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Liquidity taps need to remain open for the upswing to gather momentum

India’s banking sector. Others like PI Industries maintain a growth outlook for FY21.

India covid-19 gatherings pandemic economy

Covid impact: Large steel mills return to near normal production levels in May

MUMBAI : After an unprecedented fall in domestic steel production in April due to one of the most stringent lockdowns in the world, large Indian steel manufacturers revived production to normal through May. Preliminary production numbers from two large firms, JSW Steel and Jindal Steel and Power (JSPL), and industry estimates for others suggest that average capacity utilisation has improved to nearly 75% level in May, backed by renewed domestic demand.

India city Mumbai economy Government

Next stage of lockdown easing plans to be unveiled by Boris Johnson in days

coronavirus lockdown measures are relaxed further next week, according to reports. In the Prime Minister's ongoing bid to restart the economy, he wants to change the law to make it easier to hold wedding ceremonies outside, the Sunday Times reports.Currently, it is not legal to get married outside in England or Wales without a fixed shelter.He would also like do away with planning rules that prohibits many pubs, cafes and restaurants from using outside areas for dining, it is reported.

Boris Johnson county Johnson economy Government Coronavirus

Companies woo migrant workers back with perks and promises

MUMBAI/NEW DELHI : As the wait gets longer for India’s missing migrant workers, companies are making a renewed push to get them back to work with offers of better work conditions and higher perks, including higher wages, healthcare facilities and living quarters among others. An estimated 10 million workers have left India’s cities and industrial centers during the lockdown but with the economy now in a reboot phase, the action in the immediate term has shifted to the supply side of things, where many companies are finding it hard to keep up with reviving demand due to acute shortage of manpower.

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Lenders red flag new home loans, put fresh disbursements on hold

MUMBAI : As the home loan market in India, comprising close to 50% of the retail loan segment, goes through a churn over the growing economic uncertainty, lenders are hitting the brakes on fresh disbursements of sanctioned facilities.According to industry watchers, a growing number of banks and NBFCs are reappraising sanctioned loans, carefully vetting the financial condition of the borrower since the beginning of the lockdown in March this year. Jorty M Chacko, executive director, IDBI Bank said that the bank is evaluating home loan disbursements to understand the repayment capacity of the borrowers under the changed scenario.

India city Mumbai covid-19 pandemic economy Coronavirus

China medical exports jump, trade surplus surges to record

BEIJING : China’s trade surplus surged to a record in May as exports fell less than expected, helped by an increase in medical-related sales, and imports slumped along with commodity prices.Exports decreased 3.3% in dollar terms from a year earlier, beating economists’ estimates, while imports plunged 16.7%. That resulted in a trade surplus of $62.93 billion.The record surplus comes as the price of commodities China buys such as crude oil, natural gas and soy beans declined.

China city Beijing 2020 economy mask Coronavirus

Covid-19: Crisis of migrant workers brewing in India's factories

NEW DELHI : An acute shortage of workers has turned the roar of machines to a soft hum at a footwear factory near New Delhi, just one of thousands in India struggling to restart after an exodus of migrant workers during the virus lockdown.India is slowly emerging from strict containment measures imposed in late March as leaders look to revive the battered economy, but manufacturers don't have enough workers to man the machinery.The big cities -- once an attractive destination for workers from poor, rural regions -- have been hit by reverse migration as millions of labourers flee back to their far-flung home villages, some uncertain if they will ever return."Sixty percent of our labourers have gone back.

city New Delhi India covid-19 pandemic economy Government

Mutual funds give 25% returns during lockdown amid market recovery

NEW DELHI : Equity-oriented mutual fund schemes generated returns of about 25 per cent during the lockdown period amid a recovery in broader markets and liquidity infusion by the RBI coupled with the government's stimulus measures, experts said.

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India banks need capital to face coronavirus pandemic, says Uday Kotak

MUMBAI : India should prepare to inject capital into state banks and private-sector lenders need to strengthen their balance sheets, to help bolster the economy against the coronavirus pandemic, according to a senior banker.“I do believe the government will have to be ready to support public sector banks with capital," said Uday Kotak, the billionaire founder of Kotak Mahindra Bank Ltd.A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the lockdown, which has stalled the economy and led to a surge in unemployment.

Uday Kotak India city Mumbai pandemic economy Government Coronavirus

₹1,000 per 10 gram in a day

₹1,000 to ₹45,732 per gram. Silver futures on MCX crashed 3% or about ₹1,500 to about ₹47,337 per kg.

Usa India economy infection Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

In U.S., 71% Believe Economy Is in Recession or Depression

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