Portugal was hit hard by the 2008-2009 financial crisis. It narrowly secured International Monetary Fund and EU support for a fiscal austerity program in 2011 but, like Greece and Italy, it suffered a decline in popular support for the government because of the social impact of austerity measures. Portugal already had among the lowest GDPs per capita in the EU, comparable more to the eastern European members such as Poland or Hungary, and it experienced both negative economic growth and double-digit unemployment. … [Read more...] about The EU turns to Portugal for leadership
A spokesperson for Rhode Island's commerce agency told Fox News that Rhode Island was one of the only states in the country not to shut down construction and manufacturing during the pandemic, and that the year Raimondo took office, Rhode Island saw an increase in commercial real estate investment from $84 million to more than $1.3 billion. … [Read more...] about Rhode Island ranked worst state to do business under Biden Commerce Secretary nominee’s leadership
Also TODAY, Anthony FauciAnthony FauciOvernight Health Care: Biden takes steps to boost number of vaccine doses sent to states | CDC researchers find 'little evidence' of major school outbreaks, with precautions | Eli Lilly says antibody combo significantly cuts COVID-19 death risk Biden takes steps to boost number of vaccine doses sent to states World surpasses 100M coronavirus cases MORE, the nation’s top infectious diseases expert, joins The Hill’s “Challenge of Our Time: The COVID-19 Vaccine” at 1:15 p.m. to discuss vaccine manufacturing. A second expert panel at 2:30 p.m. will discuss distribution. The first panel in addition to Fauci features Francis Collins, director, National Institutes of Health; Mikael Dolsten, chief scientific officer at Pfizer; Rep. Eddie Bernice JohnsonEddie Bernice JohnsonOvernight Health Care: Biden takes steps to boost number of vaccine doses sent to states | CDC researchers find 'little evidence' of major school outbreaks, with … [Read more...] about The Hill’s Morning Report – Biden seeks vaccine for all by summer; Trump censure?
This said, the trends bedeviling Democrats have been in motion for decades and are rooted in America’s most durable political divides. To summarize the party’s predicament: As a result of 19th-century efforts to gerrymander the Senate, the middle of our country is chock full of heavily white, low-population, rural states. This has always been a problem for the party of urban America — by boasting stronger support in rural areas, Republicans have long punched above their weight in the race for control of state governments and the Senate. But for most of the 20th century, this advantage was mitigated by the Democrats’ (1) vestigial support in the post-Confederate South and (2) ability to render local issues more salient than national ones in Senate elections. Over the past two decades, however, urban-rural polarization in U.S. politics has reached unprecedented heights, while the collapse of local journalism and rise of the internet has made all politics national. … [Read more...] about The Democrats’ Civil War Over the Filibuster Has Barely Begun
120 of the companies said they had decided to pause or end political giving in some form. Twelve said they would not, and 21 said they were reviewing their practices but had not yet decided whether to make any changes. 33 companies said they would single out the 147 objectors, including AT&T and telecom giant Comcast, the two largest PAC contributors to this group of lawmakers. (CNN's parent company, WarnerMedia, is owned by AT&T.) … [Read more...] about CNN survey shows some of America’s biggest companies still grappling with response to deadly US Capitol riot