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Tag: week
Independent French fashion labels use coronavirus lockdown to rethink their offerings and prepare for a new world of conscious shopping
The writing had been on the wall since Paris Fashion Week in late February. As the coronavirus outbreak became a pandemic and cases in Italy rose, it seemed likely that France would take drastic action in a bid to stem the spread of Covid-19.
Still, between the closure of non-essential businesses on the evening of March 14 and French President Emmanuel Macron’s announcement of a lockdown starting on March 17 at noon, there wasn’t much time for Paris-based designers to make plans.
“Our stores…
Coronavirus: why there’s no quick fix for a Covid-19 vaccine
For months, vaccinologist Sarah Gilbert has been in a race against time, working seven days a week to develop a vaccine for the coronavirus that causes the potentially lethal disease Covid-19.Gilbert and her fellow researchers at Oxford University face a myriad of technical challenges and potential complications in their quest to defeat the virus that has claimed 100,000 lives and crippled economies worldwide.Yet, one far more mundane obstacle overshadows them all: money.Gilbert, a professor at…
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China on knife edge between recovery and new virus wave
In the central Chinese city of Wuhan, where cases of the novel coronavirus were first detected late last year, the mood was one of triumph this week, as residents finally emerged from months of lockdown.
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Trump tries to push fast-forward on the pandemic
A startling 6.6 million people filed their first claims for unemployment benefits last week, bringing the total for the past three weeks to 16.8 million people. That's about 11% of the US labor force -- a shocking number, given that unemployment was at a historic low until the pandemic erupted -- and a grim new indicator of the scope of damage the coronavirus has wreaked on the US economy.
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How you can still celebrate Easter this week
From virtual choirs to online Easter egg hunts, worshipers are getting creative this holiday weekend.
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A 3,000% jump in jobless claims has devastated the US job market
Millions more Americans filed for unemployment benefits last week, as businesses continue to lay off and furlough workers amid the coronavirus outbreak.
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Coming soon: At least $1.7 trillion in government stimulus to help sick economies
Governments around the world have announced massive amounts of fiscal stimulus this week, aiming to limit the severity of a sharp recession as the coronavirus pandemic shuts down country after country.
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Must-watch videos of the week
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Goldman Sachs predicts 2.25 million Americans filed initial unemployment claims this week, the highest on record
Americans are starting to lose their jobs in response to the coronavirus pandemic, and economists expect it's only going to get worse from here. And quickly, too.
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