May 7, 2020 – THE OVAL CIRCLE

Britain may face worst economic slump since 1706, Bank of England warns

Posted on May 7, 2020May 7, 2020By Editor

The coronavirus pandemic is set to plunge the British economy into one of the deepest recessions ever, shaving 14 percent off the country’s gross domestic product, according to a Bank of England forecast. … Read More >Britain may face worst economic slump since 1706, Bank of England warns

Business

US unemployment hits 33.5 MILLION, marking worst economic downturn since Great Depression

Posted on May 7, 2020May 7, 2020By Editor

Another three million Americans have filed for unemployment benefits during the week ending May 2, which brings the total claims over the seven weeks of the Covid-19 lockdown to over 33 million. … Read More >US unemployment hits 33.5 MILLION, marking worst economic downturn since Great Depression

Business

China’s exports return to growth in April, but imports tumble

Posted on May 7, 2020May 7, 2020By Editor

China says that its exports rebounded last month, beating most expectations of a sharp decline. However, the drop in the country’s imports accelerated as the coronavirus continues to crush demand. … Read More >China’s exports return to growth in April, but imports tumble

World

US ambassador hails cooperation with Russia on Covid-19 crisis, but crucial nuclear weapons differences remain

Posted on May 7, 2020May 7, 2020By Editor

The US and Russia are game for multilateral talks with the world’s nuclear powers and have cooperated on oil and against the coronavirus. Yet nuclear arms disagreements still exist, and neither side is giving up ground. … Read More >US ambassador hails cooperation with Russia on Covid-19 crisis, but crucial nuclear weapons differences remain

Latin America

No smoke without fire? Trump nominates new envoy to Venezuela, first in 10 YEARS after denying US involvement in failed incursion

Posted on May 7, 2020May 7, 2020By Editor

The White House has tapped a new ambassador to Venezuela, the first in a decade, even as relations with the country’s government hit all-time lows. The appointment comes as the US continues to deny any role in a recent coup plot … Read More >No smoke without fire? Trump nominates new envoy to Venezuela, first in 10 YEARS after denying US involvement in failed incursion

Shows

Congress profits by $158 million selling stocks amid pandemic

Posted on May 7, 2020May 7, 2020By Editor

Education Secretary Betsy DeVos sued for seizing wages from student loan borrowers, violating provisions of the federal coronavirus relief bill. Also, MSNBC’s Chris Hayes faces sweeping criticism across social media for his coverage of Tara Reade’s sexual assault allegations against Joe Biden. Plus, payday lenders charge up to 800 percent interest during the pandemic. … Read More >Congress profits by $158 million selling stocks amid pandemic

Asia & Pacific

ALL of China declared ‘low Covid-19 risk’ as daily infections approach zero

Posted on May 7, 2020May 7, 2020By Editor

The first nation to step into the battle against Covid-19 earlier this year, China is also the first to report that the risk of the outbreak is now “low”, as no fresh domestic cases have been recorded during the past few days. … Read More >ALL of China declared ‘low Covid-19 risk’ as daily infections approach zero

World

Mexican chemical plant RIPPED APART by huge blast as locals flee for their lives (VIDEOS)

Posted on May 7, 2020May 7, 2020By Editor

At least seven units of the local fire department have been deployed to the scene, following a massive explosion at a chemical plant in Garcia, in the state of Nuevo Leon, in northeastern Mexico. … Read More >Mexican chemical plant RIPPED APART by huge blast as locals flee for their lives (VIDEOS)

Sweden passes 3,000 coronavirus deaths as Scandinavian nation becomes battleground for lockdown debate

Posted on May 7, 2020May 7, 2020By Editor

Sweden has recorded more than 3,000 coronavirus deaths, with the elderly bearing the brunt of the pandemic. But the Scandinavian nation has so far avoided the apocalyptic predictions made by its critics. … Read More >Sweden passes 3,000 coronavirus deaths as Scandinavian nation becomes battleground for lockdown debate

Shows

Biden’s sexual abuse scandal & rent protests go nationwide

Posted on May 7, 2020May 7, 2020By Editor

President Trump has made it clear he’s willing to sacrifice lives to save the economy. Working from home is proving successful, but distance learning may be more difficult. Co-hosts of By Any Means Necessary Radio Sean Blackmon and Jacquie Luqman join us to discuss Biden’s sexual abuse allegations and the rent strikes taking place across the country. … Read More >Biden’s sexual abuse scandal & rent protests go nationwide

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