The International Monetary Fund now expects a 4.9 percent retraction, significantly worse than the 3 percent it estimated in April.
2020
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Posted inSports
Sports Digest: Pacers’ Brogdon, Kings’ Parker have coronavirus
The NBA says it expected some of its players to test positive as it ramps up testing in preparation for the league’s restart in July.
Posted inNation & World
Racial equality groups grapple with surge in donations
Some $2 billion in racial equity pledges and commitments have been made since May 25 when George Floyd died in police custody.
Posted inBusiness, Maine, News
Trump: Lobster industry deserves cut of farming trade bailout
Wednesday’s presidential order says the struggling lobster industry should be eligible for any future agricultural trade relief.
Posted inKennebec Journal, Maine
Gardiner officials pass $6.12 million city budget
The $6.12 million final budget reflects cuts requested by the City Council over concerns about increasing property taxes to residents in economically uncertain times.
Posted inLewiston-Auburn, Maine Crime, News
Maine prisons to start taking sentenced inmates from jails
All prisoners must have spent 14 days in county custody and be free of symptoms and subjected to temperature checks, among other requirements.
Posted inBusiness, Nation & World, Uncategorized
Report says state and local governments need billions in federal aid to avert 4 million layoffs
The private sector research firm Moody’s Analytics finds that Congress needs to act, but that Democrats are seeking more money than necessary.
Posted inMaine, News
Secretive police unit gathers information on Maine citizens, commissioner tells lawmakers
Public Safety Commissioner Michael Sauschuck says the so-called fusion center gathers intelligence on citizens involved in legal activities, including protest organizers, but ‘we’re not spying on people.’
Posted inNation & World, News
‘It’s coming back and biting us’: U.S. records most new virus cases in 1 day since April
With 34,700 new COVID-19 cases on Wednesday alone, the coronavirus is wiping out two months of progress and sending infections to record levels in the South and West.