Saturday, July 11, 2020

Daily briefing: Spain begins an epic economics experiment in universal basic income

Volunteers in Barcelona, Spain, prepare food packages for vulnerable people. Credit: Xinhua News Agency/Shutterstock

To save time and money, some countries are combining samples from several people in one test. Credit: Nicolas Asfouri/AFP/Getty

The answer will be in Monday's e-mail, all thanks to Briefing photo editor and penguin wrangler Tom Houghton.

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An essential round-up of science news, opinion and analysis, delivered to your inbox every weekday.

Date: 2020-07-10
Twitter: @nature
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Quite a lot has been going on:

Press corner | European Commission
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Publisher: European Commission - European Commission
Date: no-cache no-store must-revalidate
Twitter: @EU_Commission
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Alumna co-leads San Antonio's COVID-19 economic transition team

Construction entrepreneur Julissa Carielo (B.B.A. '95) knows how to move a vision forward. Perhaps that's why Mayor Ron Nirenberg and Bexar County Judge Nelson Wolff (J.D. '66) tapped her in April to co-lead the COVID-19 Economic Transition Team with Kevin Voelkel, president of Toyota Motor Manufacturing, Texas.

After 12 years of working in the construction industry, Carielo launched her own construction firm in 2006 called Tejas Premier Building Contractor Inc. Her firm has grown significantly since then. In 2019, she co-founded the DreamOn Group , which encompasses her construction firm and also the DreamOn Development Company and DreamOn Property Management.

Publisher: St. Mary's University
Date: 2020-07-10T21:48:59 00:00
Twitter: @StMarysU
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Blockchain Changes Gaming Economics, Forte Exec Explains

During a gaming-focused Unitize digital conference panel, Mike Termezy, vice president of token economics at blockchain technology services company Forte Labs, explained blockchain can alter gaming market ecosystems.

During the panel , Termezy, along with gaming expert and principal at Gossamer Consulting Group, Eric Kress, discussed a number of points on the current gaming scene. Topics included comments on various gaming communities, the digital in-game products companies sell, and other aspects.

Publisher: Cointelegraph
Twitter: @cointelegraph
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Not to change the topic here:

Free exchange - Americans need more guidance from the Fed | Finance & economics | The

When Mr Powell took over as chairman in 2018, expectations of him were modest. President Donald Trump chose him rather than offering Janet Yellen—a respected economist—a second term, even though she had done the job ably. Mr Powell had studied law not economics, and spent most of his career in finance.

In fact the early Powell years proved surprisingly good. The economic expansion he had inherited stretched into the longest on record. By early 2020 America's unemployment rate had sunk to 3.5%, the lowest level in half a century. In 2018 the central bank launched a review of its tools and communications, which included "Fed Listens", a series of public events. These ran the risk of being little more than a public-relations exercise.

Publisher: The Economist
Twitter: @TheEconomist
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Big New Obstacle for Economic Recovery: Child Care Crisis - The New York Times

When New York City decided to reopen its school system, the nation's largest, on a part-time basis in September, it set off a new child care crisis that could seriously threaten its ability to restart the local economy and recover from the coronavirus outbreak.

Business and union leaders say the city needs to mount a kind of Marshall Plan -like effort to find child care for many of the system's 1.1 million students when they are not in classrooms. They said there was no way the economy — from conglomerates in Midtown Manhattan to small businesses in Queens — could fully return to normal if parents had no choice but to stay at home to watch their children.

Date: 2020-07-10T18:47:59.000Z
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Speech on the Global and Asia Economic Outlook

Hello, everyone. It gives me great pleasure to join you today at the Greater Bay Area Chief Economist Forum and to engage in dialogue with you on issues of common interest.

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Though still affected by the pandemic, several countries have started to reopen their economies and are making efforts to resume work and production. However, in the absence of a medical solution (for example, the development, production, and use of effective medicines and vaccines), the strength of the recovery remains highly uncertain.

Publisher: IMF
Date: 2020-07-10
Twitter: @IMF
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Full recovery is two long years away, says June's top economic forecaster -

The economies of the United States and the eurozone are recovering now after the severe shock of shutting down in response to the coronavirus pandemic, but no one should think that conditions will return to normal any time soon, says Christophe Barraud, chief economist for Paris-based Market Securities and the winner of the Forecaster of the Month contest for June.

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Read more about Barraud's views : Award-winning forecaster says U.S. economy might not heal by next year, putting stocks at risk of correction

Publisher: MarketWatch
Date: 2020-07-11T08:17:00-04:00
Author: Rex Nutting
Twitter: @marketwatch
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