Tag: COVID-19

  • March increase in hiring the most since August

    Employment continues to bounce back from the severe dip it took due to the coronavirus pandemic. Although the economy remains more than 8 million jobs short of the number it had before the pandemic erupted a little over a year ago, the pace of hiring continues to increase. The Associated Press has the story: Employers…

  • OPEC and allies increasing oil production

    After much deliberation, the OPEC oil cartel and allied countries are ready to end the steep dip in oil production that had been taken due to the COVID-19 pandemic. The nations had deliberately reduced the oil supply in order to keep prices from plummeting. The Associated Press has the story: OPEC to add back 2…

  • Belgium party broken up by police with hoses

    Partiers continue to violate coronavirus restrictions around the world, most recently in Belgium, sparking police intervention. The Belgium party attracted up to 2,000, and resulted in 22 arrests and multiple injuries. The Associated Press has the story: Belgian police disperse large party in Brussels, resulting in arrests and injuries BRUSSELS (AP) — Clashes between Belgian…

  • Saudis not ready to increase oil production yet

    Due to ongoing uncertainty about the course of the COVID-19 pandemic, Saudi Arabia’s energy minister said OPEC needs to be very cautious about resuming pre-pandemic oil production levels, because raising them too soon could depress prices. Russia, on the other hand, is more eager to increase production because its budget can handle a price drop…

  • WHO concerned about Europe’s slow immunization rate

    COVID-19 immunization shots have only reached about 5.6% of people in the European Union. Dr. Hans Kluge, WHO’s regional director for Europe, is concerned that the slow rollout of vaccines risks prolonging the pandemic. The Associated Press has the story: WHO’s regional director for Europe says immunization campaigns there are ‘unacceptably slow’ LONDON (AP) —…