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Lebanon Recession


While some of last year’s federal aid was delayed for reasons ranging from cost disputes to distribution issues, overall it protected families from an economic disaster that would have aggravated the public health crisis. Some have been left out, such as people not legally allowed to be in the country. As Americans argued over measures …

The supermarket corridor along Route 12A in western Lebanon has long been smashed. Consumer spending fell off a cliff during the Great Recession of 2007-09. Then Tropical Storm Irene in 2011 flooded some shopping centers, forcing many stores to close for months while the damage was repaired. A massive shift to online ordering over the …

FILE – In this March 24, 2021 file photo, midsize pickup trucks and vans are seen in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo. Global shortage of computer chips is growing worse, forcing automakers to temporarily shut down factories, including those that build popular pickup trucks. …

The latest estimates reflected the push and pull of many factors resulting from the pandemic, and the full impact may take years to resolve. The deep but relatively short recession reduced payroll tax revenue. But the death toll from COVID-19, concentrated among the elderly, has reduced future social security benefit payments. Hospitals have been stressed …

Even with the addition of infrastructure and social spending, the Biden administration said on Friday it projected deficits over the next decade to be $ 684 billion lower than its previous forecast. However, this improvement would still leave deficits over the next decade totaling $ 12.49 trillion. Over the past two years, the total deficits …

Motorists drive past the Prime Minister’s office building in Putrajaya, Malaysia on Friday, August 27, 2021. New Malaysian Prime Minister Ismail Sabri Yaakob kept mostly familiar faces in his cabinet unveiled on Friday, but promised that his government would be more open as it seeks to curb the worsening of the pandemic. In this photo …

Emile haddad, the real estate manager who spearheaded the conversion of a former airbase into housing, sports and entertainment in the Great Park neighborhoods of Irvine, is stepping down from his leadership role at the end of September. Five Point Holdings announced Monday, August 23, that Haddad will move September 30 from the day-to-day management …

In 2018, he announced he would not run for a third term as mayor as the city braces for the high-profile trial of a white policeman who shot and killed a black teenager, Laquan McDonald, on a city street. . The 2014 shooting death of McDonald’s, who was shot 16 times, was one of many …

“People behave differently based on new information, and it’s going to affect the job market,” said Sylvia Allegretto, labor economist and co-chair of the Center on Wage and Employment Dynamics at the University of California-Berkeley. California’s unemployment rate remained at 7.6% in July, the second highest in the country tied with New Mexico and New …

FILE – In this November 5, 2004 file photo, the Kansas City Southern logo is on the bottom of a restored 1954 Kansas City Southern passenger locomotive at Union Station in Kansas City, Mo. Canadian Pacific Railway is increasing its offer for Kansas City Southern at around $ 31 billion as it appears to be …