• Daily Digest

    Daily Digest 1/11 – Global Economy’s Grim Outlook; Voters: Economy not Covid; 10 States Losing Population; Inflation Rising at Fastest Pace in 40 Years

    by Stewart

    Wednesday, January 12, 2022, 8:32 AM

Economy

World Bank Warns Global Economy Grim Outlook
The latest forecast predicts global growth will slow to 4.1 percent this year from 5.5 percent in 2021. It attributed the slowdown to virus threats, government aid unwinding and an initial rebound in demand fading.

 

Voters More Concerned About Economy Than Covid
Concerns over the economy are overshadowing worries regarding the COVID-19 pandemic, according to a new poll.

 

CEO: IRS Surveillance a Terrible Idea
“The proposal was that, that you wouldn’t report transactions, you would just report cash in and cash out type of thing so that the IRS would have something to go look at in order if they think the taxes you declared are dramatically different than what went through your checking account,” he said, noting that “there has been a big uproar about that.”

 

10 States, and D.C., Experience Population Decline
D.C., New York, Illinois, Hawaii and California are the top 5 losing population.

 

U.S. Inflation Seen Hitting Fastest Pace in Four Decades
Economists estimate consumer-price index climbed at fastest pace since 1982 as supply-chain constraints, high demand drove up costs.

 

Energy

Voters Concerned about Forced Labor Used to Produce Solar Panels
Some of China’s top solar panel producers have been linked to coerced labor in Xinjiang, leading the U.S. first to ban importing polysilicon from Xinjiang used in the panels, and later all products made there.

 

Health

Parent Thought Daughter was Doing Well at Home and Not in School. But then She Got a Note
NPR’s All Things Considered spoke to three moms about how they are navigating this new stage of the coronavirus pandemic, what their plans are for school and what happens when someone in the house does test positive for COVID-19.

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