European Parliament president Martin Schulz warned on Saturday that Spain’s economic crisis could spark a “social explosion” across the continent.
“The demonstrations in Spain show that a social explosion is looming because of the high unemployment rate among young people in Europe,” Schulz told the wide-circulation German daily Bild in an interview published on Saturday.
He called for the rapid implementation of “new European programmes to finally create more jobs for this generation.”
The Social Democrat said however that Spain was better placed than Greece to weather the crisis, since it “has a solid industrial base and a well-organised public administration.”
The Spanish government said on Friday that the recession will drag on through 2013 and raised its unemployment forecast for this year to 24.6 percent at a time when the country is facing panic on the markets and unprecedented social discontent.
Hundreds of thousands of Spaniards took to the streets on Thursday to vent frustation over a government that seems to have no more room for manoeuvre to turn the economy around.
Spain’s massive bank bailout, which could reach 100 billion euros ($120 billion) and was formally approved Friday by the eurozone, did not seem to calm the markets over the country’s financial outlook.
Health care workers of color nearly twice as likely as whites to get COVID-19
Health care workers of color were more likely to care for patients with suspected or confirmed COVID-19, more likely to report using inadequate or reused protective gear, and nearly twice as likely as white colleagues to test positive for the coronavirus, a new study from Harvard Medical School researchers found.The study also showed that health care workers are at least three times more likely than the general public to report a positive COVID test, with risks rising for workers treating COVID patients.Dr. Andrew Chan, a senior author and an epidemiologist at Massachusetts General Hospital, s... (more…)
America’s obesity epidemic threatens effectiveness of any COVID vaccine
For a world crippled by the coronavirus, salvation hinges on a vaccine.But in the United States, where at least 4.6 million people have been infected and nearly 155,000 have died, the promise of that vaccine is hampered by a vexing epidemic that long preceded COVID-19: obesity.Scientists know that vaccines engineered to protect the public from influenza, hepatitis B, tetanus and rabies can be less effective in obese adults than in the general population, leaving them more vulnerable to infection and illness. There is little reason to believe, obesity researchers say, that COVID-19 vaccines wil... (more…)
Mnuchin threatens to make taxpayers pay back COVID money unless Trump is reelected
Treasury Secretary Steve Mnuchin suggested on Sunday that Americans will have to pay the government back for any payroll tax reduction unless President Donald Trump is reelected.
In an interview on FOX, host Chris Wallace noted that the president's latest executive action on COVID-19 financial relief is "not a tax cut."
"It's a payroll tax suspension," Wallace explained. "Isn't there a danger that a lot of businesses won't pass these saving through to workers because they're going to hold on to the money because at some point, according to this executive action by the end of the year, those payroll taxes are going to be have to be paid anyway?"