Germany and France, the two largest economies in Europe, said last week that they would support the extensive use of grants that do not require repayment, an acknowledgment of the economic trauma caused by the pandemic. The Commission has forecast that GDP in the 19 countries that use the euro will contract by 7.75% this year, a record. … [Read more...] about EU plans to raise $825 billion to aid recovery from the coronavirus recession
Plans
Hong Kong’s richest man Li Ka-shing defends China’s plans for security law
China announced last Thursday that it planned to introduce the law in Hong Kong, effectively bypassing the city's legislature. The law is expected to ban "sedition, secession and subversion" against Beijing. It will also enable Chinese national security agencies to operate in the city. … [Read more...] about Hong Kong’s richest man Li Ka-shing defends China’s plans for security law
Florida Utilities Detail Hurricane Protection Plans
The plans detail a series of steps that each utility would take to try to prevent massive power outages from hurricanes and other storms. But the highest-profile issue — and the key to the 2019 law — likely will be proposals to substantially increase the amount of power lines placed underground. … [Read more...] about Florida Utilities Detail Hurricane Protection Plans
NBA and players union are drafting a plan so family members can stay within ‘bubble’ with players, per report
The league and the National Basketball Players Association are making progress on a plan that would allow players' family members to stay within the so-callled "bubble." The bubble is the proposed enclosed environment in which the participants live, practice and play all games. … [Read more...] about NBA and players union are drafting a plan so family members can stay within ‘bubble’ with players, per report
Suspect ID’d, Appeared to Have Planned Japan Arson Attack
The studio sits between two train lines close to a stream amid houses and small apartment blocks, a few stores and a taxi company parking lot. The area was cordoned off Friday morning. A few of the original 30 or so fire trucks remained in the streets but with their lights off. Some firefighters appeared to still be dousing the smoldering building. … [Read more...] about Suspect ID’d, Appeared to Have Planned Japan Arson Attack
