Items
Subject is exactly
Economy
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2020-06-01
IMF COVID Image
Covid finance options by IMF -
2021-02-04
IMF Myanmar Response
Questions Reporter Asked IMF Gerry Rice [ Director, Communications Department, IMF ] concerning Myanmar COVID Relief Money QUESTIONER: In terms of Myanmar, recent developments in Myanmar. It seems that quite recently, just before the coup, that the IMF had given some $350 million and dedicated it toward it. I'm wondering what are your thoughts? First of all, what are the IMF's thoughts, obviously, on the coup? But also generally, how did the IMF react when there's a change of government in this way right after they've given money? Is there any -- how can you assure that the money goes, you know, for the intended purposes? That it doesn't actually support a now more military government? That's my question for today. MR. RICE: Thank you very much for that. We are, of course, very concerned about the impact of recent events and what they could have on the people of Myanmar, and we're watching it very closely, of course, like the rest of the world. Just to remind that, of course, Myanmar faced large economic and social costs as a result of the pandemic, and the IMF resources, our support was to help the people of Myanmar to meet these urgent humanitarian needs. That was the whole purpose. Again, just to set in context, the approval of this supports was back in January by our board and followed all standard procures for this kind of emergency financing. The same as we have done for another 84 countries in this crisis, and standard safeguards in place regarding the resources, including the repayment schedule. And as I think you know, the IMF's record over 75 years on repayment and safeguarding of IMF resources is very clear. In terms of the status of our engagement, we have had no communication at this point with the new regime, and that's about as much as I have at the moment on Myanmar. QUESTIONER: So I had a question to follow up on Myanmar. I'm just wondering, on what happens [next]? Do you have to wait until whatever government emerges to reach out to the IMF to see if there's going to be even a relationship with the IMF going forward? And, you know, some people that I've spoken with are suggesting that well, this is kind of a pitfall of these rapid disbursing instruments that have been used. The money goes out very quickly all at once with no or very few conditions attached to it. Is there any thought to changing that at this stage and, you know, just wondering what next steps are on this? Is it just waiting till the smoke clears to decide how we engage? Also, the military generals that were appointed, a new central bank chief who was the same guy that ran the central bank when they were in power. Is there some concern that the central bank will lose its independence? MR. RICE: Just on your last point, of course, the independence of central banks is one of the fundamental principles that the IMF believes in and supports so, you know, just to make that very clear. On your other points, clearly the situation is unfolding. In terms of recognition of the government as in other cases, we are guided by the international community, guided by the membership in terms of recognition of the government. So again, the situation is unfolding there but that's what guides us in terms of our relationship with countries. You know, what I'd say on how the resources that we approved back in January how they are used, clearly again, as I said, these resources were for a clear purpose, the crisis, the pandemic, the helping with the humanitarian needs there. And, of course, it would be in the interest of the government and certainly the people of Myanmar that those funds are indeed used accordingly. Under the arrangement that was agreed with the previous former government, there was indeed safeguards regarding how the funds would be used as is the case with all of our emergency financing. I've talked about it here before. That included audit and, you know, transparency of how the resources are used. And again, this is true for all of the emergency financing. So while there are few conditions, as you rightly say, there are safeguard provisions and it would be our expectation that, you know, regardless of the future that these commitments would be maintained. Because those resources need to go to support the people and especially vulnerable groups. So you asked finally where we’re thinking of changing. You know, again, we've been using these emergency financing instruments in 85 countries so far. I think they have been a huge help and assistance in the crisis especially to the poorest countries, to low income countries. And I think one of the reasons that they've been so effective and we've been able to get the support so quickly is the, you know, the conditions are relatively few. However, and again I stress, the safeguards and the governance of those resources is something that we give high priority to and each one of those has a set of safeguards. Whether it's audit or publishing of procurement contracts, you know, there's a whole series of governance related provisions that we have attached to these loans. These are very important and we're confident that the resources will be well used and for the purpose that they were intended in these emergency financing loans. -
2021-02-19
Looking back at 2020 - A COVID 19 infested year
As a student in my last semester in Brooklyn college, I was looking forward to an easy semester with electives since I was done with all of my major classes. However, a downfall for me was that there was a very interesting internship which I wanted to proceed with but couldn’t because the program was no longer available because of budget issues that were caused by the corona virus. This internship was going to provide me with an insight of what my career will look like but that never happened. As an employee of the city of New York, I was still required to work in some form. For example, instead of coming to work physically we transformed our workplace to “zoom” meeting where our work would be done in 2-4 hours and we would still get paid for 8 hours. I saw this as an opportunity to take advantage of since I heard other employees who requested to still show up physically and were dropping like flies with the corona virus, one after another. However, mid-year, around June or July, employees were required to help out in other agencies such as the 311 center because of the increase of food shortages and other aid citizens needed. Eventually, in September we were allowed to go back to work physically – something I was looking forward to since I was more comfortable being where I knew the place and the people. Mentally and physically, COVID 19 prevented me and many others from staying physically active which led to me gaining unhealthy weight. It was a nonstop binge of eating and just sitting down. Granted, there were opportunities to go out for a walk or work out in the park – but those were chances that I wasn’t going to take because I knew I have a mother with underlying conditions which I had to do everything to prevent her from getting the virus. One thing that I did learn to do during these times is to cut and trim my own hair. Also, this was a perfect time for me to enhance my skills in freehand sketching since thats something I'm good at. Nevertheless, COVID 19 was an experience like no other that everyone had to grow through, and we continue to just learn and grow from it. -
2021-02-18
Early Retirement Reflection
While I am grateful and privileged enough to have quarantined at home with my family, it was certainly frustrating. Once I had conquered my first taste of online learning all I had ahead of me was an uncertain and potentially endless summer. As someone who is a high-risk individual, I didn't feel comfortable going back to my summer job in retail immediately. Thankfully, both of my parents were able to continue to work and I was able to stay home. Being able to stay home for the summer and relax in my hammock most days was unsettlingly different than how others experienced this past summer. I regret not better using my free time to help those that lost jobs and housing and support, while I still had mine. Shockingly the gleam of my extended vacation wore off pretty quickly with my parents. When my parents finally got fed up with me drinking an afternoon coffee in my backyard every day they told me I had better find something productive to keep busy. After sending an unbelievable amount of e-mails and a couple of phone calls with some busy executives I landed an under-the-table research internship. The only issue? Not being able to research through their physical archives. Go figure. While my research wasn't extensive it did keep me fairly busy for my remaining time at home. My early retirement this past summer was a substantial setback in accordance with my previous plans, but it was thoroughly enjoyable. -
2020-08-05
Social Justice and Public Health in 2020
From the article: The COVID-19 pandemic, caused by the spread of the novel coronavirus, has created an unexpected and unprecedented lifestyle shift for many people across the globe. Several months into the pandemic, the public has been exposed to a number of issues they might not have previously considered or thought possible, from hospitals rapidly reaching capacity and the lack of personal protective equipment (PPE) to the mental and social challenges of physical distancing and being quarantined. -
2020-11-10
Sustainable Finance Addresses Social Justice As COVID-19 Raises The Stakes
From the article: Economic shocks from the pandemic have widened existing inequities around the world, leading to calls for greater social justice in dealing with this health threat. Poorer people, minorities, and women are suffering disproportionately from growing health, housing, income, and education gaps under measures to contain COVID-19 that could set them back for years to come. To fund programs to address the problem, governments, supranationals, and corporations, among others, have accelerated issuance of sustainable instruments--including social bonds, where issuance jumped nearly four times so far this year to US$71.9 billion from the 2019 level. We think the sustainable debt market, partly because of the rapid rise in social bond issuance, could exceed $500 billion this year. -
2020-05-15
Why Covid-19 is a Social Justice Issue
From the article: People are like gardens: they require the right seeds to be planted, watered and nurtured in order to grow, but if neglected, will never produce the full harvest of their potential. For decades, Black people have been starved of the investments, the systems of care and quality environments that are needed for sustained, healthy growth and development as a people. For even a rose, as the writer Nikki Giovanni reminds us, can bloom from the concrete, if we give it the resources, care and love it deserves. -
2021-02-12
Local man becomes victim of COVID-19-fueled spike in unemployment fraud
Along with COVID-19 came a spike in identity theft. These thieves then use the stolen information to apply for COVID-19 unemployment benefits. In some cases, the states try to get the victims to pay back the money given to the thief. -
2021-02-10
Ubiquity
This is a personal piece, more like a little rant, about essential workers and the ubiquity of the virus. -
2021-02-04
US Rep. Yvette Harrell seeks to spare NM from Biden's ban on oil and gas leases
This article from Carlsbad Current Argus reporter Adrian Hedden explains NM District 2 Congressional Representative Harrell's efforts to preserve the oil-and-gas driven economy in New Mexico. The oil and gas lease referenced here applies to federal lands, and the ban of new lease issuance impacts existing operations. Much of southeastern New Mexico is federally owned, while nearby Texas is predominantly private land. The effect of this ban, if successful, would merely drive operations a few miles across the state line without largely impacting production from within the Permian Basin; it will, however, destroy the New Mexico economy, approximately 40% of which depends on oil and gas operations within the state. This article and topic are important to me because of my familial ties to New Mexico, but also because it demonstrates the unintended and myopic objectives set forth in this particular executive order. The economic impact of this ban would further exacerbate community and statewide problems related to COVID-19 as homeless has recently spiked in that region, and the disappearing tax base has further inhibited county and state programs and operations. -
2021-01-15
Virtual theater
This is an article showing what virtual plays you can watch and when/where. I find this article important because live theater is no longer a possibility in the pandemic so we must find solutions. This article explains that there are places you can watch recorded plays from the past and the contributions will be going straight to the performing arts which are financially struggling since March. This is a very helpful article for those who want to watch broadway again while also helping the business. Broadway will be back one day but until then there has to be adjustments made and this will help them get ahead start financially when they open back up. -
2021-02-05
Democrats One Step Closer to Passing Covid Relief
In a 51-50 partisan vote, the Senate Democrats inch towards passing President Joe Biden's $1.9 trillion dollar relief package. The vote enables Democrats to move forward without fear of a filibuster blocking. There was little bi-partisan effort, but Senators Joe Manchin (D-WV) and Susan Collins (R-ME) were able to strike a deal preventing high-income earners from receiving a $1,400 stimulus check. The bill is most likely to pass later this month after the Senate impeachment trial of former President Donald Trump is over. -
2021-01-25
GoToトラベルと感染拡大の関係 詳しく分析すると・・・(2021年1月25日) - A detailed analysis of the relationship between GoTo Travel and the spread of infection ... (January 25, 2021)
This is a news that talks about the Go To Travel. Go To Travel in simple is a plan that the government set up in order for local areas to gain back the economy by supporting up to half the amount of travel fees. Using this A LOT of people traveled around Japan despite being in a pandemic. I always have thought that this traveling plan will cause more trouble, which it did. I translated the video. A group at Kyoto University has published a research paper stating that GoTo Travel "may have affected" the spread of the new coronavirus. The survey was conducted by a group of Professor Hiroshi Nishiura of Kyoto University and was published in the international medical journal "Journal of Clinical Medicine" on the 21st. The group survey analyzed about 4000 people infected with the new coronavirus in 24 prefectures from May to August last year. As a result, it was found that about 20% traveled across prefectures or were in contact with travelers. What is interesting is the comparison of the "incidence rate" of infected people around July 22, last year when Go To Travel started. According to the initial 5 days survey when Go To Travel started, the incidence of travel-related infected people has increased 1.44 times compared to the 5 days of the previous week. Furthermore, if the purpose of travel is limited to "sightseeing," the incidence rate jumps up to 2.62 times. Late July last year is the time of the "second wave" in Japan. However, the compared 5 days were also days with special conditions. That is, 4 out of 5 days from the start of GoTo were holidays and other holidays. And at this time, it was still before Go To was implemented in Tokyo. Professor Nishiura et al. paper did not conclude that GoTo Travel was the cause of the spread of the infection, but pointed out that it may have affected it, at least in the early stages. GoToトラベルが新型コロナウイルスの感染拡大に「影響した可能性がある」とする研究論文を京都大学のグループが発表しました。 調査は京都大学の西浦博教授らのグループが行い、21日に国際的な医学誌「ジャーナルオブクリニカルメディスン」に掲載されました。 グループの調査では去年5月から8月にかけて24の県で約4000人の新型コロナウィルスの感染者を分析。その結果、約2割が県をまたいで旅行したか、旅行者と接触していたことが分かりました。 興味深いのは、GoToトラベルが開始された去年7月22日前後の感染者の「発生率」の比較です。 GoToトラベル始まった当初5日間の調査だと、旅行に関連した感染者の発生率は前の週の5日間に比べて1.44倍に上がっています。さらに、旅行の目的を「観光」に限定すると、発生率は2.62倍にまで跳ね上がるのです。 去年7月下旬といえば、国内だと「第2波」の時期にあたります。 ただ、比較した5日間は特別な条件の日でもありました。それは、GoTo開始から5日間のうち4日が祝日などの休みであったということ。そしてこの時期、東京ではまだGoToの実施前だったということです。 西浦教授らの論文ではGoToトラベルが感染拡大の原因とは結論付けていないものの、少なくとも初期の段階では影響した可能性があると指摘しています。 -
2021-01-20
WallStreetBets, Covid, and GameStop
The story of GameStop, and my participation in the movement surrounding it in the stock market. -
2021-01-26
Covid 19 Final Entry - Statistics
Covid-19 has around 20-2,000+ victims a day losing their lives. Around 2,000-10,000+ people are being diagnosed a day. This whole corona virus is a total pain because of all the lives that we have lost as well as everything that has been shut down and re-opened and shut down again. Everyone's lives have changed and their still is no vaccine thoroughly thought through and produced yet. Hopefully everything will be over soon. -
20201-01-20
Covid Rules
During Covid-19 we had many rules and regulations. We couldn't go out to eat or shop anywhere! Nobody was allowed to stay open which affected their businesses. Places slowly adapted and stated opening up outside. To go anywhere it was mandatory to wear a mask at all times unless eating or drinking at a table. We were forced to stay home and school was online. Now school is open and we're wearing masks. The rules seems pretty dramatic since the virus isn't as bad as they say it is. Elderly people are affected by it the most since they usually have pre-existing diseases or just problems. -
2021-01-27
Analyzing a water usage during COVID article
The Pacific Institute Article is here (in the document this was the link but ill just give the actual URL below)!! “As many people have put together a water shortage is happening because of COVID. This is because so many more people are using longer showers and stuff while they stay home as they are uncomfortable doing their business outside of home. In Portsmouth, England water demand increased by 15% throughout the past 10 months. Here in SF water demand for residential blocks gained 10% whilst decreasing by over 30% everywhere else. There are also many other facts given other than Portsmouth and SF.” Is the main info the article is given through a very stately manner. This article also likes using numbers which I like about it giving facts instead of something they think. The article keeps circling back to utilities and is clearly meant for DIY workers instead of giving other info. It also heads sections unlike many other articles on other subtopics. This is actually quite useful if you need certain information like using the article much more as a source than most other articles. Even with all this I still think it is an article, not a list of instructions or facts. -
2020
Canadian 24-Hour Movement Guidelines For Children and Youth: An integration of Physical Activity, Sedentary Behaviour, and Sleep
The Canadian Society for Exercise Physiology published guidelines to encourage Canadians of all age groups to maintain their health by pursuing a balanced lifestyle. This comprehensive guide emphasizes the importance of sleep, exercise, and reducing sedentary behaviors. -
2021-01-02
2021 Predictions
I actually agree with most of these predictions. I fear for the economy. I worry about the struggle people will face this year. -
2021-01-19
feelings about rules
During corona there have been many many rules, when it started we were quarantined and no one could go out, now we can but there are still many rules. The one i hate most is the mask rule, any mask will cause high humidity and its very uncomfortable. There were also the six feet rule, how do you have conversations or chat when so far from the other person, and the schools don't sell lunches anymore either AND the restaurants are mostly closed and we can really go to markets, so whats there to eat? -
2021-01-19
COVID lockdown rules
The stupid COVID rules that have been put in place are not worth following, this virus has a 99.9% recover rate for anyone in between 4-50 and we have to shut the whole country down. I live in California which is democrat run so we have to be on red alert like this virus is a threat to all humanity. It’s stupid and it always has been. I wish I lived in Florida at this point because I can play sports there and live life. But no, I have to comply to California’s socialist communist ideology’s. -
2021-01-13
The Scent of a Deli
If you've ever set foot in a deli - a real life, New York style deli or in my case a real life Texas deli, then you know about the powerful and delightful smells that can attack your senses upon entry. In my restaurant, the traditional odors of hot corned beef and pastrami mixed with sauerkraut, bacon and horseradish combine with the popular fragrance of Texas brisket layered in a spicy bar-b-que sauce and the undeniable fragrance of apple and pecan pie. Homemade beef stew, French Onion soup and Texas chili are reducing in the kitchen while the entire restaurant fills with the aroma of good food. There is nothing quite like a deli kitchen prepping, baking, grilling and cooking in the morning. These are the distinctive smells of my life before COVID-19. Shortly after March of last year, the city of San Antonio shut down all dine-in operations throughout the city and instantly took away our morning routines and systems, forcing our restaurant to evolve just to survive. Overnight, we became a grocery store with a curbside service selling raw products like eggs, tomatoes, cold cuts and sliced cheeses. The great morning aromas of the deli were replaced with the stale, cold odors of bleach and sanitizer. Sales dipped by seventy percent and even when dine-in was reopened to fifty percent capacity, we were forced to cut our menu by half. Now, as we keep paying for our holiday gatherings, the business has come back by half but it just doesn't seem the same or at least the smells do not. We are more of a to-go business now with items packaged and tagged in sugar cane boxes and biodegradable containers. The sweet mixture of multiple savory recipes and meats cooking side by side has been replaced by vacuum sealed soups and cold cuts prepared in a sanitized and disinfected central kitchen. -
2021-01-12
COVID-19 one year ago and now
When Covid was new, no one really knew much about it. When it came out they were a lot of rumors talking about how dangerous the virus was. Also talking about how the virus was created. The biggest rumor was that a man in china decided that he would eat a bat and because of that he got covid from eating the bat, then he spread it to a lot of people, this is how it was said covid was spread all around the world. When is started I didn't really think about it that much, I felt like people were over exaggerating it (and I still do). I honestly wasn't sure if the virus was even real and it may have been a hoax. Now that we have had covid for about a year these are my thoughts about it. I am honestly not sure how the virus was created, people say it was still from china, other people say it was created in a lab by the government so it's hard to say what is truth and what is false. I understand that for people that have underlying conditions this virus can be deadly but I honestly think and flu or cold can be deadly in various levels. I do think it is good to wear a mask and to say social distance for peoples protections but I do feel like shutting down economy was something that wasn't needed as it has closed down many restaurants and stores, etc. Those are my thoughts about covid one year ago and my thoughts about covid now. -
2021-01-12
The Cause of Covid
I believe that Covid was started in all of the dirty towns of China. I think that because of the unsanitary conditions. Bacteria could have easily collected there, creating this contagious virus. Because it is a frequent place of visitation, it easily spread to mass quantities of people, who did not quarantine themselves. It then spread to America from trade. Because there is much a large trade between the US and China, it was perfect for the virus to spread. -
2021-01-12
Covid's Uprising
When Covid was first announced I figured it was just a regular sickness. Until the market crashed, now I knew if was purposeful. The virus could have been made in China or it was just made naturally. I researched and saw that China's market was slowly crashing, maybe they found a way to take everyone with them. Most cases like these are just powerful people wanting to keep their power or seeking more power. My views on Covid-19 have changed since, that only affects people with pre-existing disabilities or diseases. Also it affects older people a lot more than younger. Maybe this whole thing is just a huge hoax to make the market start to go up. Since most of the deaths are just due to their pre-existing conditions. In my opinion Covid doesn't exist or was a virus spread to crash and rebuild the market. -
2020-08-08
Sensory Limitations While Job Seeking in a COVID Environment
In March of 2020 I made the decision to leave Active Duty Army and pursue a new career in the civilian world. I submitted my resignation and began a six month process to transition out. It was immediately after this drastic step that the effects of COVID-19 on our daily lives began. My state (Maryland) shut down, and my mission essential job that I was in the process of leaving required me to pick up the extra work from at-risk employees. The applications to different government agencies that I had submitted were placed on hold due to the inability of those agencies to conduct in-person events. With less time available, my ability to apply for more jobs was also limited. After a delay of four months, and with only a few more to go before inevitable unemployment, agencies slowly began reinstating their hiring processes. It was at this time that the sensory impacts of a COVID-19 hiring market began to show. Most smaller agencies resorted to telephonic interviews or at the most, video conference calls. Those that did ask for an in-person interview were still heavily controlled with COVID-19 risk mitigation practices. Regardless of the medium enacted, the effects on the senses were the same. Visual senses not withstanding (the inability to see my interviewer was disconcerting, but at least I got to wear jeans), the tactile and auditory senses were also greatly impacted. In every interview conducted pre-COVID, the procedures consisted of shaking hands at the beginning of an interview (i.e. establishing trust through that time-worn gesture), sitting in close proximity to an interviewer with whom you are able to hear clearly, and who can hear you clearly, and in whom you can read facial expressions indicating when you may have said too much or not enough. The interview would then be over and you would seal that act through a final handshake and a smile. None of these basic tenants of interviews occur during a COVID-19 mitigated interview. In my first interview with a federal law enforcement agency, my interview panel and myself were required to wear masks, I was welcomed into the room without any of the standard greetings (handshakes and smiles) and seated behind a plexiglass barrier 8-10 feet from any of the interviewers. Not only did the interview lack the physical interaction that ceremonially marks the beginning and end of the interview, but due to masks, the conduct of the interview was also strained. Questions from interviewers were difficult to hear and understand due to the distance, glass, and masks, therefore requiring awkward repetitions which cast doubt on my competence and confidence. My responses were likewise muffled, which led to doubts as to whether my answers were fully understood by the interviewers. Both assaults on the auditory ability and tactile senses taken for granted in a pre-COVID world lead to an autocatalytic attack on my nerves. The lack of hearing and the absence of a reassuring touch eroded any confidence I may have had going into the interview that would have otherwise remained until I left. COVID-19 mitigation measures reduced what is normally a very personal interaction between human beings to a robotic and numbing experience lacking in all the sensory elements that enables the humanity of an interview. I conducted six more interviews in similar limited sensory manners, eventually evolving my expectations and re-learning a process before finally securing a position. -
0021-01-11
My Experience
Coronavirus has been hard for our economy and has affected everyone. This virus has shut down schools, people have lost their jobs and everyone has had to adjust to the new rules. This pandemic has being going on for a whole year and 1,899,285 have died. The epidemic started in Wuhan, China, it started spreading through the world. The disease then spread across several countries and affected a large number of people, it was classified as a pandemic.Jul 1, 2020 -
2021-01-11
COVID
A conversation I had probably back in February was with my dad. We had talked about what would happen if the virus came over here to America. He said that the stock market would crash, people would panic and go to mass hysteria, we would obviously have to quarantine too along with not letting people into stores and such. It did worry me at first but I had my doubts of much happening, although there still was a part of me that believed it would happen. But now that we're here I'm surprised he was able to accurately guess what would happen if the virus did come over here. When it first arrived, everyone panicked and stock piled on toilet paper or whatever, the stock market has been doing bad but I think it's gotten better, we were in quarantine for a while and those of us who are sick are still doing self quarantine. The stores and restaurants now have opened back up, some maybe just for pick up and stuff. The self quarantine has changed me a lot though, it really affected me negatively along with a lot of my friends and people I know. The stress and anxiety of just everything going on has worsened my mental state by a lot. -
2021-01-07
Covid-19 Christmas
On March 13, 2020, America went into lockdown because of the virus of Covid-19. People lost jobs, and people in they're family, things became a lot different. Eight months later, it's Christmas time yet again. This year, it was a lot different for a lot of families, including mine. Lots of people weren't in the Christmas spirit since it was such a rough year, but even more people decided to embrace being at home and go all out with decorations, and anything 'Christmas' they could get their hands on. If I'm being honest here, kids all over the world look forward to gifts under the tree on Christmas morning. This year, since people where unemployed, and struggled to get things for their children. A lot of kids didn't get many or even anything this year. My family was very fortunate this year to even be able to celebrate Christmas since they both lost they're jobs back in March. Every Christmas, we do the same thing, stay at home so this year wasn't much different from the rest. This year really impacted a lot of people, but we all got through! -
2020-12-22
Santa Fe Tourism During the COVID-19 Pandemic
Santa Fe, New Mexico is a popular tourist destination because of its art scene, culture, cuisine, historical sites and landscape. It brings in an average of two million visitors each year. However, because of the COVID-19 Pandemic those numbers have drastically dropped in 2020. TOURISM Santa Fe has created a webpage that provides visitors with current information on New Mexico's COVID-19 restrictions, rules, and policies. -
2020-12-15
A COVID Holiday
This holiday season barely feels like the holidays at all. With so many families struggling to stay afloat during these trying times, Christmas seemed to take a back seat this year. Not in a negative sense, but in the way that people just simply can’t afford gifts or afford to be joyful. It’s hard, not working and raising children. Christmas is the time of year where you buy your little ones gifts and celebrate all the happiness of the year. Not during COVID, mothers are struggling, fathers are struggling and children don’t understand how tight money is. So this Christmas, promise to make the day more rememberable; even if the gift are lacking. Fill the day with love, happiness and relax a little. The material items will break and be thrown away, the children will outgrow them, but they will never forget the love they felt on Christmas Day during COVID. -
2020-12-15
Ma's Donuts and More a small business during the pandemic
Ma’s Donuts owner Valdemar Leite exemplifies that running a business during COVID has presented new issues and frustrations with an invoice of past and present prices of gloves. Valdemar explained during a video interview that this image proves factories and other business are struggling to conduct their business with limited staff. These companies may even raise their prices in order to compensate with the current state of COVID however this greatly effects small business. The changes of price and product that manufactories afford can limit menus and unlike other business such as restaurants who can adjust their menus more frequently so that it is more profitable to them. A current solution to this issue that Ma’s Donuts is hoping to impose according to owner Valdemar Leite is new electronic menu boards that will make it easier for them to establish daily differences in their menu. -
2020-12-13
A Choice of Monetary Support or Raising your Children?
This report done by the Center for American Progress really opened my eyes to the way mothers have been affected by the pandemic. For so many mothers, the pandemic forced them to choose between supporting their family by working, or leaving the workforce to become stay at home parents. For myself, I had no other choice than to become a stay at home mother because of the closing of schools and childcare. My son is a toddler, before pandemic he attended a private childcare two days a week and spent the other three with family members so I could work. By the quarantine in March, my job had “closed for the foreseeable future” and my son no longer could visit his family due to the risks. As most of the population has, mothers have made sacrifices this entire pandemic, they have struggled to provide, given up the little time away from home they had and stepped into numerous different roles to ensure their children are safe, cared for and learning. Now, I question if there could’ve been more help for the mothers around the country when the pandemic hit? Could the government relieved some of the stress of losing an income? Why was it a choice between money and the lives of their children? -
2002-12-15
Shellsea
Chelsea Campbell explains in a textual conversation that small business struggle with both competitors such as small and big business. Small businesses have been emerging since COVID-19 has begun as a solution for those who have been laid off from their jobs. Chelsea helps to explore the idea that although this is amazing for the small business community it makes it harder for other competitors. Additionally, larger business are able to work around issues that smaller business face such as large shipping cost and difficulty receiving products as they the money and ability to resolve more issues then someone who is attempting to compete with those same standards. Chelsea explain although there is always more room for creativity and entrepreneurship she has had to adjust tactics to become more competitive with other brands even if this is a direct sacrifice for her business. -
2020-12-09
Shopping during covid
we've all been able to shop at our convince with no troubles until covid. Now shopping isn't as simple as It was before. Now we are urged to wear face protection, a certain number of customers are only allowed in at a certain time, creating long lines out side of the shopping establishments. The severity of covid was at an all time high closing most to all retail stores, leaving open the essential need stores, such as grocery, convenience and pharmacies. -
2020-05-12
Elderly Man Must Keep Shop Open To Help Support Family in Alife, Italy
I decided to share this image because it shows my grandmother’s (nonna’s) brother working in the family-owned shop that is located in Alife, Italy. This shop has been owned by my family since the early 1900s. My grandmother’s brother has worked in the shop since he was a little kid. My grandmother’s brother was forced to let his employees go because he simply could not afford to keep them as employees throughout the pandemic. To keep the shop open, he must work at the shop every day. The pandemic has been extremely difficult for him financially as this is his only means of income. I decided to upload this image because I think it will be valuable for future historians as it shows what life is like for elderly people in Italy during the pandemic. Many are unable to retire because they cannot afford to stop working. This item is an attempt to fill an archival silence and amplify the voices of a marginalized group because my grandmother’s brother is 75 years old and has decided to continue working during the pandemic because it is not financially possible to retire. He attempted to apply for the relief package but was not qualified for it and was denied. The pandemic has been extremely difficult for the elderly especially those that have underlying health conditions because they have to make the difficult decision to return to work which can be dangerous because they can be exposed to COVID. My grandmother’s brother is also a veteran and he is not technologically savvy therefore, it has been challenging for him to amplify his voice. This form of archival silence is an unintentional unacknowledged speech act. -
2020-07-27
Economic Relief Package For Homeowners in Alife, Italy
I decided to include this screenshot of the economic relief package that homeowners that have a mortgage have the opportunity of receiving. I think it is interesting to discover what relief packages are offered in Alife, Italy compared to the United States of America. This is important to me because my family lives in Alife, Italy, and are homeowners that have mortgages and they have been financially affected by COVID-19. This item is of interest to future historians because it will help future historians understand what economic relief packages were offered to the citizens in the region of Campania Italy. Future historians will have a better understanding of how the economic relief packages in the United States of America compared to the economic relief packages in regions in other countries such as in Campania Italy which is the region that Alife is located. As the article entitled, “What archivists keep or not” documents are a great way to “help us remember, to share, to compare, to analyse and to synthesize information” (Thompson, 3). -
2020-03-18
The Families First Coronavirus Response Act Helps Employees Everywhere
On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (FFCRA). This act provided additional flexibility for state unemployment insurance agencies and funding to respond to the Covid-19 pandemic. This act requires certain employers to provide their employees with paid sick leave or expanded family and medical leave for specified reasons that relate to Covid-19. To receive these unemployment insurance benefits, you need to file a claim with the unemployment insurance program in the state you work. Employees everywhere are put on sick leave everyday due to coronavirus. This act gives them more support and sanity to help them in their day to day lives whether it is to help support family or pay expenses. -
2020-12-08
COVID-19's Impact on Low-Income Workers
This article discusses the struggles that low- income workers face because of the pandemic. Low-income workers are struggling to pay rent, losing their jobs, having use money from their saving accounts, and more. The article also provides graphs with demographics that consist of race, gender, and income groups. These graphs are useful in order to make comparisons. This article fills an archival silence and amplify the voices of marginalized groups because it highlights the struggle that these groups are facing. The silence may be intentional. The media is covering billionaires like Jeff Bezos who are only getting richer during the pandemic, instead we must focus on the average person/working class because they contribute to the overall success of our economy. -
2020-03-25
Alberta to declare oil sands workers essential as province prepares COVID-19 pandemic response
Oil sands workers will be declared essential in Alberta as the province prepares a list of who will keep working should it need to ratchet up its response to the COVID-19 pandemic. Ontario and Quebec shuttered all non-essential businesses Monday in a bid to slow the spread of the novel coronavirus. Essential workplaces in those provinces include supermarkets, gas stations, pharmacies, takeout and delivery restaurants, hotels, and hardware, liquor, beer and cannabis stores. -
2020
COVID-19: Impact on Canada's pharmaceutical and retail pharmacy industry
The coronavirus pandemic has affected Canada’s pharmaceutical and retail pharmacy industry across four main areas: product sourcing and procurement, product launch and distribution, acquisition and access, and treatment and care management. Based on challenges in these areas, this report offers a perspective on potential solutions and considerations. -
2020-11-30
Winter, then Recovery
This hopeful message from Canada's Finance Minister, Chrystia Freeland, says that Canadians have a plan to get through the winter, and then will move on to economic recovery. -
2020-11-30
GOC Fall Economic Statement
The Government of Canada's Fall Economic Statement. -
2020-12-07
Canadian companies that received CEWS and kept paying a dividend
This graph shows Canadian corporations who received CEWS but continued to pay dividends to their shareholders. -
2020-12-05
Confused by the economy during the COVID-19 pandemic? Don't worry, so are the economists
Making sense of the world's economic crisis, optimistic outlook for Canada. -
2020-12-12
'We're not going to have a Christmas,' says woman told to repay $18,500 in CERB by year's end
Article about a woman told to pay back 18,500 dollars worth of CERB- exemplifies fallout from unclear application criteria of CERB. -
2020-09-01
Second Wave (Debt)
This cartoon points out fears of national debt. -
2020-04-20
NWT Economy
Article describing the economic battle faced by the Northwest Territories. -
2020-12-11
Post-pandemic Reckoning
This article talks about the financial worries Canadians are facing as the pandemic and government supports lift. -
2020-12-09
Basic Income as Economy Kickstart
This article discusses new interest in introducing a universal basic income to Canada, and how it could help the economy.