Some Americans have a new outlook on remote working: They prefer it.
In June and July, a group of 1,388 people working from home were asked for their impressions of the experience by workplace consulting firm Global Workplace Analytics and video technology company Owl Labs.
The new arrangement, it turns out, suited many of them.
While roughly 27% said they would have considered such a setup to be ideal before the coronavirus pandemic started, 80% said they would like to continue working remotely for three days of the week or more once the pandemic is over. Many of these people said they would prefer remote work all five days of the workweek.
from Liberty Street Economics
Even after the unprecedented stimulus by central banks in Europe following the global financial crisis, Europe’s economic growth and inflation have remained depressed, consistently undershooting projections. In a striking resemblance to Japan’s “lost decades, the European economy has been recently characterized by persistently low interest rates and the provision of cheap bank credit to impaired firms, or “zombie credit.
In this post, based on a recent staff report, we propose a “zombie credit channel that links the rise of zombie credit to dis-inflationary pressures.
How does zombie credit affect inflation?
Weak banks have an incentive to extend zombie credit to avoid, or at least delay, the realization of losses on their outstanding loans. While the earliest evidence of zombie credit goes back to Japan in the 1990s, more recent studies document an increase in zombie lending globally and, in particular, in the European context. The char
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Scopus BioPharma Announces Appointment of Additional Directors
December 29, 2020 GMT
(PRNewsfoto/Scopus BioPharma Inc.)
NEW YORK, Dec. 29, 2020 /PRNewswire/ Scopus BioPharma Inc. (Nasdaq: SCPS) today announced the appointment of additional members to its Board of Directors. Scopus is a biopharmaceutical company whose lead drug candidate is a novel, targeted immuno-oncology gene therapy for the treatment of multiple cancers.
Joshua R. Lamstein, Chairman of Scopus BioPharma, stated, “We are delighted to be in a position to attract prominent industry leaders to our Board. Our new directors are well-recognized for their leadership and accomplishments in the biopharmaceutical, biotechnology and pharmaceutical industries, as well as in public capital markets and corporate governance.”
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Sputnik International
Melania Trump s enigmatic fashion legacy
27 Dec, 2020 09:52 PM
8 minutes to read
First Lady Melania Trump s style choices over the last four years have left more questions than answers. Photo / AP
First Lady Melania Trump s style choices over the last four years have left more questions than answers. Photo / AP
Financial Times
By: Harriet Agnew US President Donald Trump will leave a lasting style legacy. From the giant red ties and billowing Brioni suits to his signature blond comb-over and Make America Great Again baseball cap, Potus has been consistent sartorially speaking at least.
The same cannot be said for his wife Melania. Despite her background as a fashion model, during the past four years as Flotus, the third Mrs Trump s wardrobe is notable for its inconsistency. It stands out as much for what it didn t do, as what it did.