World #trade fell off a cliff thanks to the lunatic #lockdown, and has been on the decline ever since. There will be no global recovery while global trade is collapsing. http://archive.vn/nzNTY #news #economy
zerohedge.com
AUSTIN — Police have released the driver who allegedly killed an armed protester Saturday night in downtown Austin, while they investigate what led to the...
dallasnews.com
The person who shot and killed Garrett Foster while he illegally blocked traffic in Austin has been released by the police. There are witness statements Foster was brandishing his AK47 in a threatening manner, which is a crime. https://www.dallasnews.com/news/texas/2020/07/26/man-fatally-shot-at-protest-in-austin/ #news #Antifa #riots
Around 20,000-25,000 stores could permanently close in 2020 on COVID-19 headwinds, implying an accelerated store closure schedule in the second half of the year.
#Retail store closures for 2020 are projected to be double that of 2019. Even assuming people switch to e-commerce and online buying, a dislocation of that magnitude does not bode well for the US #economy. https://www.zerohedge.com/markets/charting-retail-devastation-here-stunning-list-us-store-closures-2020 #news #jobs #wages
Democrats won't accept a "piecemeal" deal...
The White House and the #GOP have agreed on a "stimulus" plan that ditches the CARES stipend for 70% "wage replacement". The #Democrats are not pleased. Folks losing that $600 per week are not likely to be pleased, either. https://www.zerohedge.com/markets/gop-reach-agreement-covid-19-relief-600-unemployment-boost-becomes-70-wage-replacement #news #economy #Trump
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