UK Economy To Slump 9.8% This Year On Virus: IMF

Christel Deskins

The International Monetary Fund on Tuesday forecast that the recession-wracked British economy will shrink by almost ten percent this year on coronavirus fallout. A contraction in gross domestic product of 9.8 percent would however be an improvement on the previous IMF forecast of 10.2 percent, the Fund added. The UK […]

British finance chief in balancing act over virus plan

Christel Deskins

UK finance minister Rishi Sunak, battling record deficits and soaring debt due to his government’s emergency coronavirus response, faces a politically dangerous balancing act to pay the bill, analysts say. © JOHN SIBLEY Sunak has already pumped billions into virus-related health spending and jobs support schemes As the outbreak raged, […]

American Air Joins Rush to Provide Preflight Virus Testing

Christel Deskins

(Bloomberg) — American Airlines Group Inc. joined the dash among U.S. carriers to offer preflight coronavirus testing to Jamaica and Hawaii that it hopes to eventually expand to other international markets. © Bloomberg Travelers wearing protective masks wait to board an American Airlines fight at Dallas/Fort Worth International Airport (DFW) […]

Maine blueberry industry reels from drought, frost, virus

Christel Deskins

PORTLAND, Maine (AP) — A late spring frost, a devastating drought and labor troubles wrought by the coronavirus pandemic conspired to make 2020 a difficult year for the wild blueberry producers who harvest the fruit in the nation’s northeastern corner. America’s producers of wild blueberries are largely located in Maine, […]