U.S. Begins Making Payroll Support Payments to Airlines
The U.S. Department of the Treasury has finalized agreements with Allegiant Air, American Airlines, Delta Air Lines, Southwest Airlines, Spirit Airlines, and United Airlines...
Read moreU.S. to Postpone Collection of Tariffs from Importers, while Still Levying Tariffs
Yesterday, President Trump signed an Executive Order “to temporarily extend deadlines, for importers suffering significant financial hardship because of COVID-19”. This extended deadline will provide...
Read moreCBO Estimates Coronavirus Aid, Relief, and Economic Security Act will Increase Deficit by $1.8 Trillion
The Congressional Budget Office (CBO) has released a preliminary estimate of the budgetary effects of the Coronavirus Aid, Relief, and Economic Security Act (CARES...
Read moreSBA Runs Out of Emergency Coronavirus Money for Small Businesses
The Small Business Association says it “is unable to accept new applications at this time for the… COVID-19 related assistance program… based on available...
Read moreU.S. Loosens Regulations on Immigrant Workers to Help Agricultural Companies
The United States’ Department of Homeland Security and Department of Agriculture are changing H-2A regulations “to help U.S. agricultural employers avoid disruptions in lawful...
Read moreIMF Predicts 3% Contraction in 2020 Global Economy, Worse than 08-09 Recession, then 5.8% Growth Recovery in 2021
As a result of the Covid-19 pandemic, the International Monetary Fund is projecting the global economy to contract by –3 percent in 2020. However,...
Read moreWTO Director Calls for Global Reduction in Tariffs for Post-Pandemic Economic Recovery
World Trade Organization Deputy Director Alan Wolff has issued a statement that the world “must start preparing to assist in the recovery of the...
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