Tag: pandemic

MP’s Bill Aims to Protect Schools from Pandemic Closures in England

British MPs must have a vote in Parliament to approve any future school closures following the “disaster” of Covid-19 lockdowns, a senior Tory has said. Halfon is introducing a Bill aiming to redefine schools as ‘essential infrastructure’ to protect millions of pupils from future shutdowns. Robert Halfon, chairman of the Commons Education Committee, said closures…


Vaccine Mandates: How ‘Moral Panic’ Has Diminished Our Civil Liberties

Commentary Call me a bit slow off the mark, but it wasn’t until toward the end of September when I sensed the shift of COVID-19 from a medical pandemic to a moral panic. The obvious catalyst was the advent of vaccine mandates, which turned the “miraculous” prospect of protection from the virus into a means…


America’s Shrinking Workforce a Puzzle for Economists

Commentary The U.S. economy is suffering from a labor shortage, posing a difficult puzzle for economists and policymakers to solve. The pandemic has deeply disrupted the labor market, with lockdowns causing millions to leave the workforce last year. While many businesses have reopened their doors, bringing back former employees, or hiring new workers, has never…


Mastercard Profit Beats as Easing Pandemic Curbs Lift Cross-Border Spending

Mastercard Inc. reported better-than-expected profit for the fourth consecutive quarter on Thursday, as easing of pandemic-era restrictions drove a healthy recovery in cross-border spending and lifted domestic spending. Shares were up nearly 3 percent at $345 in premarket trading. After more than a year of staying homebound, customers have started venturing out for travel, dining,…


Coca-Cola Third-Quarter Earnings Top Analysts’ Estimates, Promoting It to Increase Its Annual Outlook

Coca-Cola’s fiscal third-quarter earnings and sales exceeded Wall Street analysts’ estimates on Wednesday thanks to an improvement in its away-from-home channels such as restaurants, cafes, and cinemas, prompting it to increase its annual outlook again. In a press release, Chairman and CEO James Quincey said that Coca-Cola’s strategic transformation had allowed it to emerge from the pandemic as a stronger…


London Heathrow Pandemic Losses Hit £3.4Bn

Heathrow’s losses from the Covid-19 pandemic have hit £3.4 billion. The west London airport said it is continuing to lose money despite reducing its operating costs by more than 30%. But it insisted it has the “financial strength” to survive “until the market recovers”, with £4.1 billion of cash. Some 10.2 million passengers travelled through…


Happiest Place on Earth? Disneyland Ticket Prices Rise Again

ANAHEIM, Calif.—Most Disneyland Resort ticket prices climbed higher Oct. 25 but theme park officials touted one price point that will remain the same, while also announcing a sixth higher-cost option. For a single-day visit to either Disneyland or California Adventure, a Tier 2 ticket now costs $119, Tier 3 $134, Tier 4 $149, and Tier 5…


Colombians Blame CCP Virus Lockdowns for Surge in Crime and Poverty

Residents in Bogotá, Colombia, have expressed fear and anger over a rise in violent crime that followed on the heels of pandemic restrictions, which caused inflated poverty and unemployment rates beginning in March 2020. “It doesn’t feel safe anymore,” Camila Garcia, 23, told The Epoch Times. “My family lives in Rosales [in Bogotá]. It was…


US Businesses Turn to Automation Amid Labor Shortage

After September marked the end of extra pandemic-induced unemployment benefits, workers didn’t flood the labor force as expected. According to the Job Openings and Labor Turnover Summary released on Oct. 12,  by the U.S. Bureau of Labor Statistics, there were 10.4 million job openings at the end of August, with 6.3 million hires. The lag…


Where Is Pete Buttigieg?

Secretary of Transportation Pete Buttigieg has been missing in action, as he became a father and is on paternity leave at a very challenging time with America’s supply chain woes and faulty infrastructure. He’s been touted for his youth and his diversity—all identity issues—but how much will that matter when practical experience is needed to…