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Will coronavirus trigger a global recession? | Jeffrey Frankel

World economy’s prospects look bleak because of Covid-19 outbreak and Donald Trump’s trade policyAt the start of this year, things seemed to be looking up for the global economy. True, growth had slowed a bit in 2019: from 2.9% to 2.3% in the US and from 3.6% to 2.9% globally. Still, there had been no recession and as recently as January, the International Monetary Fund projected a global growth rebound in 2020. The new coronavirus, Covid-19, has changed all of that.Early predictions about Covid...
Tags: Business, China, US, International Trade, Economics, World news, US news, Asia Pacific, Global Economy, US economic growth and recession, International Monetary Fund, Donald Trump, International Monetary Fund (IMF, Jeffrey Frankel, Coronavirus outbreak


Democrat challengers face fall-out from rowdy TV debate - live updates

Sanders and Bloomberg bear brunt of attacks in ‘messy’ TV debateTrump defending administration’s handling of coronavirusSupport the Guardian’s independent journalism. Make a contribution 10.07am GMT Good morning. Will last night’s Democratic debate have helped one of the centrist candidates pull ahead of the others to become the main opponent to Bernie Sanders for the nomination? At the moment this photo from the Charleston event seems to sum up the very definition of a “crowded field” - and...
Tags: Elizabeth Warren, Bloomberg, World news, Joe Biden, US news, Democrats, US politics, Bernie Sanders, Trump, Sanders, Charleston, Mike Bloomberg, Cullen, Gordon Chang, US elections 2020


David Roback, Mazzy Star co-founder, dies aged 61

Roback, a producer, guitarist and keyboardist, played a leading role in the neo-psychedelic revival of the 1980s and ’90sThe Mazzy Star co-founder and multi-instrumentalist David Roback has died, a representative for the band announced Tuesday. He was 61. A cause of death has not yet been released.A producer, guitarist and keyboardist, Roback formed Mazzy Star alongside Hope Sandoval. The pair would go on to write all of the group’s songs. Continue reading...
Tags: Music, World news, US news, Culture, David Roback, Mazzy Star, Roback, David Roback Mazzy Star


FTSE 100 hits one-year closing low, as Wall Street slides again – as it happened

European markets have suffered a second day of heavy losses as new coronavirus cases are reportedLatest: Wall Street has another horror dayFTSE 100 has shed another 138 points - lowest close in a yearLuxury industry faces $40bn lossesTrump: Markets will slump if I lose re-election bidMeggitt, Croda and Morgan warn on virus impact 10.16pm GMT Finally, here’s our news story on today stock market turmoil: Related: FTSE loses another £35bn as coronavirus rattles global markets Related: Coro...
Tags: Europe, Business, China, San Francisco, Economics, UK News, World news, US news, Stock Markets, Asia Pacific, Italy, Marketwatch, Morgan, Croda, Jennifer Ellison


Bill banning abortions after 20 weeks fails in Senate – live

Bill failed to get sixty votes needed to passDemocratic contenders face off in TV debate on Tuesday eveningSupport the Guardian’s independent journalism. Make a contribution 10.11pm GMT Here’s everything that’s happened today: 10.00pm GMT A group of former US senators are calling on the men and women they once called colleagues to come together and rise above the partisan moment. “Congress is not fulfilling its Constitutional duties,” the letter says. “Much of the responsibility rests o...
Tags: Republicans, Congress, Senate, India, Narendra Modi, US, World news, US news, US politics, South and Central Asia, Guardian, Bill, Donald Trump, Bernie Sanders, Mike Bloomberg, US elections 2020


FTSE 100 hits one-year closing low, as Wall Street slides again – business live

European markets have suffered a second day of heavy losses as new coronavirus cases are reportedLatest: Wall Street is falling sharply againFTSE 100 has shed another 138 points - lowest close in a yearLuxury industry faces $40bn lossesTrump: Markets will slump if I lose re-election bidMeggitt, Croda and Morgan warn on virus impact 7.19pm GMT 7.16pm GMT The worst-performing sectors in New York today are mining companies, industrial companies, banks and energy firms.They all suffer when ...
Tags: Business, New York, China, Economics, UK News, World news, US news, Stock Markets, Asia Pacific, Morgan, Croda


FTSE 100 loses another £35bn as coronavirus market rout continues – business live

European markets have suffered a second day of heavy losses as new coronavirus cases are reportedLatest: FTSE 100 has shed another 138 pointsLowest close in a yearFresh losses on Wall Street tooLuxury industry faces $40bn lossesTrump: Markets will slump if I lose re-election bidMeggitt, Croda and Morgan warn on virus impact 6.22pm GMT While stocks are slumping again, Wall Street’s fear index is rising.The VIX index, which tracks volatility, has jumped by over 8% today:#DOW 27425.56 -1.91%#SP...
Tags: Business, China, US, Economics, UK News, World news, US news, Stock Markets, Asia Pacific, Treasury, Morgan, Croda


Ex-White House doctor: to help Trump's diet I hid cauliflower in his mash

Ronny Jackson says he encouraged president to eat vegetables‘The exercise stuff never took as much as I wanted it to’A former White House physician who memorably said Donald Trump might have lived to 200 if he had improved his notoriously junk-food heavy diet has confessed to sneaking cauliflower into the president’s mashed potatoes. Related: Trump lashes out at Schumer as Democrats slam 'no plan' on coronavirus – live Continue reading...
Tags: White House, World news, US news, US politics, Donald Trump, Trump, Schumer, Ronny Jackson


Trump lashes out at Schumer as Democrats slam 'no plan' on coronavirus – live

Democrats say White House is not taking outbreak seriouslyDemocratic contenders face off in TV debate on Tuesday eveningSupport the Guardian’s independent journalism. Make a contribution 5.13pm GMT At a press conference in India, Donald Trump covered a broad range of topics, including the recent conviction of disgraced mogul Harvey Weinstein. “I think that from the standpoint of women, I think it was a great thing,” Trump said of the conviction, which found Weinstein guilty of two sexual ass...
Tags: Republicans, Cdc, White House, India, Narendra Modi, US, World news, US news, US politics, South and Central Asia, Harvey Weinstein, Guardian, Donald Trump, Bernie Sanders, Trump, Schumer


Supreme court blocks Mexican family's legal bid over teen killed by border agent

Court declines to revive lawsuit by teenager’s familySergio Adrian Hernández Guereca shot in face by border agentThe US supreme court has refused to open the door for foreign nationals to pursue civil rights cases in American courts, declining to revive a lawsuit by a slain Mexican teenager’s family against the US border agent who shot him from across the border in Texas. Related: Trump in India as Democrats prepare for South Carolina debate – live updates Continue reading...
Tags: Texas, Mexico, India, Americas, US, World news, US news, Migration, US immigration, Donald Trump, South Carolina, Trump, Us-mexico Border, Adrian Hernández Guereca


FTSE 100 heads towards one-year low as market rout continues – business live

European markets are in the red again after Dow plunged by 1,000 points last nightLatest: FTSE 100 has shed another 130 pointsOn track for lowest close in a yearFresh losses on Wall Street tooLuxury industry faces $40bn lossesTrump: Markets will slump if I lose re-election bidMeggitt, Croda and Morgan warn on virus impact 4.22pm GMT Stocks are really on the slide in New York.The Dow has lost another 1.3%, or 374 points, on top of the 1,000 shed on Monday. 4.06pm GMT Nearly every share o...
Tags: Business, New York, China, Economics, UK News, World news, US news, Stock Markets, Asia Pacific, Dow, Morgan, Croda


Trump in India as Democrats prepare for South Carolina debate – live updates

President in India for whirlwind visit amid violent clashesDemocratic contenders face off in TV debate on Tuesday eveningSupport the Guardian’s independent journalism. Make a contribution 3.11pm GMT It might be a stretch to say Donald Trump is in hot water over his criticism of supreme court justices Sonia Sotomayor and Ruth Bader Ginsburg – this being America in the age of Trump, his tweets and remarks at a presser in India will be old news before your average desk editor can try to remembe...
Tags: Scotus, Republicans, India, New York City, Narendra Modi, America, Bloomberg, World news, US news, Fox, US politics, South and Central Asia, Guardian, Donald Trump, Ruth Bader Ginsburg, South Carolina


Trump lashes out at liberal supreme court justices and demands recusals

President rages at Sonia Sotomayor and Ruth Bader GinsburgSotomayor criticized frequent appeals for justices to step inEven as the US justice system faces a crisis of credibility because of the Trump administration’s handling of federal cases, Donald Trump has taken the unusual step of attacking two supreme court justices on Twitter and in remarks to the press. Related: Trump's dark legacy: a US judiciary remade in his own image Continue reading...
Tags: US, World news, US news, Donald Trump, Trump, Sonia Sotomayor, Ruth Bader GinsburgSotomayor


Hosni Mubarak obituary

Ruthless autocrat who hung on to power in Egypt for more than 30 yearsHosni Mubarak, who has died aged 91, was a stubborn and uninspiring dictator who clung to power as president of Egypt for three decades. He was periodically challenged by would-be rivals and survived at least six assassination attempts until he finally stepped down at the dramatic height of the Arab spring protests in February 2011, subsequently facing trial and imprisonment as the consequences of his country’s faltering revol...
Tags: Africa, Israel, World news, US news, Middle East and North Africa, Egypt, Mubarak, Arab and Middle East unrest, Muslim Brotherhood, Cairo, Hosni Mubarak, Tahrir Square


FTSE 100 hits four-month low as stock market sell-off continues – business live

European markets are in the red again after Dow plunged by 1,000 points last nightLatest: European markets down as rebound fizzles outIntroduction: Markets calmer after Monday’s routUK’s Ricardo issues covonavirus profits warningMeggitt, Croda and Mordan also cite virus impact 1.00pm GMT US shoe vendor Wolverine World Wide has warned that the coronavirus will hurt its profitability, by disrupting its supply chain and cutting sales.In recent years, the Company has diversified its supply chain...
Tags: Business, China, US, Economics, UK News, World news, US news, Stock Markets, Asia Pacific, Italy, Company, The Company, Pisa, Ricardo, Croda, Kathleen Brooks


Trump's India visit continues as South Carolina Democratic TV debate looms – live updates

President Donald Trump continues India visit amid clashesDemocrat challengers prepare for South Carolina debateIn this defining moment for America, support the Guardian’s independent journalism. Make a contribution 12.19pm GMT It is going to be a slightly unfamiliar meal for the president and his wife in India today. Trump is well known for his love of burgers and steaks, but cows are considered sacred in the Hindu religion. The main dish at the banquet tonight will be goat. The banquet is f...
Tags: India, Narendra Modi, America, Bloomberg, World news, US news, US politics, House, Guardian, Donald Trump, South Carolina, Bernie Sanders, Trump, Sanders, Modi, Mike Bloomberg


Julian Assange was 'handcuffed 11 times and stripped naked'

WikiLeaks founder’s lawyers complain of interference after first day of extradition hearingJulian Assange was handcuffed 11 times, stripped naked twice and had his case files confiscated after the first day of his extradition hearing, according to his lawyers, who complained of interference in his ability to take part.Their appeal to the judge overseeing the trial at Woolwich crown court in south-east London was also supported by legal counsel for the US government, who said it was essential tha...
Tags: London, Media, Law, US, UK News, World news, US news, UK criminal justice, US politics, Julian Assange, Wikileaks, Woolwich, Extradition, Chelsea Manning, South East London, Trump Administration


Trump's India visit continues as South Carolina Democrat TV debate looms - live updates

President Donald Trump continues India visit amid clashesDemocrat challengers prepare for South Carolina debateIn this defining moment for America, support the Guardian’s independent journalism. Make a contribution 9.47am GMT Good morning.It’s been another showy day already for Donald Trump as he continues his whirlwind 36-hour trip to India to meet prime minister Narendra Modi. The two have posed for photos together in New Delhi, but there have been violent clashes on the streets. Trump is ...
Tags: India, Narendra Modi, America, World news, US news, US politics, Guardian, Donald Trump, New Delhi, South Carolina, Bernie Sanders, Trump, Mike Bloomberg, US elections 2020


Landmark second world war ceremony in Moscow poses dilemma for UK and US

Countries question whether to attend amid questions over division in the west and Russian military actionRussian ceremonies in May to mark the 75th anniversary of the end of the second world war are posing an increasingly urgent dilemma for western capitals on whether to go – and who to send.Discussions have been under way for some weeks between UK and US officials on a coordinated response. But the decision is complicated by the unpredictability of Donald Trump, and by Emmanuel Macron’s decisio...
Tags: Europe, Politics, UK, Vladimir Putin, Russia, US, UK News, World news, US foreign policy, US news, Foreign Policy, Second world war, Nato, Moscow, Donald Trump, Emmanuel Macron


Trump stumbles over Sachin Tendulkar's name during India visit

US president struggles with pronunciation while attending a rally with prime minister Narendra Modi in AhmedabadThe US president, Donald Trump, gave a special mention to cricket greats Sachin Tendulkar and Virat Kohli during a visit to India on Monday – but it was probably the first time he had spoken their names.In a speech during a rally with the prime minister, Narendra Modi, at the Sardar Patel Stadium in Ahmedabad – the world’s largest cricket stadium – Trump incorrectly pronounced the name...
Tags: India, Narendra Modi, US, World news, US news, South and Central Asia, Donald Trump, Sachin Tendulkar, Virat Kohli, Ahmedabad, Trump, Sardar Patel Stadium, AhmedabadThe US


Bloomberg campaign again criticized for social media tactics – as it happened

Ex-mayor’s team shared misleading tweets about rival Bernie SandersIn this defining moment for America, support the Guardian’s independent journalism. Make a contribution 1.25am GMT That’s all from me for the night! Here is all of the news you need to know from the last few hours. 12.58am GMT Joe Biden is set to recieve a notable endorsement this week: South Carolina Democratic representative James Clyburn will reportedly endorse the former vice president for the Democratic nomination o...
Tags: America, Bloomberg, World news, Joe Biden, US news, US politics, House, Guardian, Donald Trump, South Carolina, Bernie Sanders, Democratic, South Carolina Democratic, James Clyburn, Bernie SandersIn, Congressional Black Caucus Clyburn


Bloomberg campaign again criticized for social media tactics – live

Ex-mayor’s team shared misleading tweets about rival Bernie SandersIn this defining moment for America, support the Guardian’s independent journalism. Make a contribution 10.50pm GMT Mike Bloomberg is again facing criticism for sharing misleading and offensive tweets.The campaign team for the Democratic candidate posted a real video of rival Bernie Sanders defending the Castro administration of Cuba. It then attempted to start an online campaign with the hashtag #BernieOnDespots, imagining w...
Tags: Texas, Elizabeth Warren, America, Bloomberg, World news, Joe Biden, US news, US politics, Guardian, University Of Houston, Biden, Cuba, Donald Trump, Vermont, Castro, Bernie Sanders


Tiny Chinese seaweed is oldest green plant fossil ever found

Proterocladus antiquus carpeted seafloor 1bn years ago and was size of rice grainScientists have found in rocks from northern China what may be the oldest fossils of a green plant ever found: tiny seaweed that carpeted areas of the seafloor 1bn years ago and were part of a primordial revolution among life on Earth.Researchers on Monday said the plant, called Proterocladus antiquus, was about the size of a rice grain and boasted numerous thin branches, thriving in shallow water while attached to ...
Tags: Science, Biology, China, Environment, World news, US news, Asia Pacific, Wildlife, Marine Life, Evolution, Fossils


Trump: 'Coronavirus is very much under control in the USA'

Well, that's good. We can all rest easy now. Tweeted impeached and manifestly unfit U.S. President Donald Trump just now: The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me! Yeah. No. Previously today: The Dow Jones Industrial Average plummetted more than 1,000 points as news of a spreading coronavirus outbreak suggests wider c...
Tags: Health, Post, Politics, Usa, News, US news, Dhs, Public Health, Donald Trump, Trump, NSC, WH, Brian Schatz, Picks, Dan Berman, George Conway


Bear that strolled through CA neighborhood is back in forest where he belongs

The large black bear in this video was observed ambling around a Monrovia, California neighborhood last Friday morning. The bear walked through residential lawns, driveways and rested in a nearby alley. The Monrovia Police Department says officers observed the bear's activities, after people phoned in, and called state Department of Fish and Wildlife workers to the neighborhood. From the Associated Press: The bear was eventually tranquilized and taken to the nearest suitable forest habita...
Tags: Video, Science, News, California, Funny, Animals, CA, US news, Wildlife, Forests, Bears, Monrovia, Oddities, Wonderful Creatures, Daly, San Gabriel Mountains


Trump administration targeting 'enemy of America' Julian Assange, court told

WikiLeaks founder’s life is at risk if he is extradited to US, judge in London hearsAmid the din, Assange struggles to hear the case against him Donald Trump’s administration is targeting Julian Assange as “an enemy of the America who must be brought down” and his very life could be at risk if he is sent to face trial in the US, the first day of the WikiLeaks founder’s extradition hearing has been told.Lawyers for Assange intend to call as a witness a former employee of a Spanish security compan...
Tags: London, Media, US, America, UK News, US news, Julian Assange, Wikileaks, Ecuador, Donald Trump, Trump, Assange


Bloomberg's spending surpasses $500m as Sanders closes in on Biden in South Carolina – live

Ex-mayor’s spending dwarfs that of any of his opponentsBiden’s lead over Sanders narrows to five pointsIn this defining moment for America, support the Guardian’s independent journalism. Make a contribution 7.19pm GMT Pete Buttigieg is campaigning in South Carolina, which will hold its presidential primary on Saturday.The former Indiana mayor joined a march calling for an increased minimum wage:CHARLESTON, S.C. — @PeteButtigieg joins a @McDonalds workers’ march for an increase in the minimum...
Tags: America, Bloomberg, World news, US news, Indiana, US politics, Guardian, Nevada, Biden, Donald Trump, South Carolina, Bernie Sanders, Sanders, Charleston, Pete Buttigieg


FTSE 100 sheds £62bn as coronavirus fears hit global markets

Shares on Wall Street tumble after surge in cases of virus in Italy Coronavirus – latest updatesFinancial markets around the globe slumped on Monday as news of the Italian coronavirus outbreak wiped £62bn off the value of the FTSE 100 and shares on Wall Street tumbled.Shares in the US opened sharply lower under heavy selling pressure as analysts warned the threat of tougher quarantine measures to prevent the spread of the disease would hit company profits, by hitting supply chains and consumer d...
Tags: Europe, Business, US, Economics, UK News, World news, US news, Stock Markets, Italy, Ftse, Dow Jones, Coronavirus outbreak


Harvey Weinstein trial: deliberations to resume after jurors signal they are split

Jury sent a note on Friday asking if it was permissible to be hung on one or both counts of predatory sexual assault Jurors at Harvey Weinstein’s New York City rape trial are set to resume deliberations on Monday after signaling they are at odds on the top charges in the closely watched #MeToo case.The jury sent a note to Judge James Burke at the end of a fourth day of deliberations on Friday, asking if it was permissible to be hung on one or both counts of predatory sexual assault against the d...
Tags: New York, New York City, World news, US news, Harvey Weinstein, James Burke, Rape and sexual assault, MeToo Movement, Law (US


Trump holds rally in India while Steyer qualifies for South Carolina debate – live

Trump has appeared at a rally with Narendra ModiSteyer qualifies for South Carolina debate In this defining moment for America, support the Guardian’s independent journalism. Make a contribution 1.14pm GMT Julian Assange has just stood up in court in London to speakA plea to his supporters from Julian Assange, who stands up in court and says - while he appreciates the public's support - he can't concentrate and hear properly what's being said#Assange Related: Julian Assange hearing: 'journ...
Tags: London, India, America, World news, US news, US politics, Guardian, Julian Assange, Donald Trump, South Carolina, Bernie Sanders, Trump, Steyer, Swan, Jonathan Swan, Narendra ModiSteyer



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