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Gradual Irish economic recovery has begun, finance minster says

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MANILA: The Philippines’ unemployment rate surged to a record 17.7 percent in April, the statistics agency said on Friday, as millions lost their jobs due to a pandemic-induced lockdown that battered the economy.
The Philippines, which before the pandemic was one of Asia’s fastest growing economies, is facing its biggest contraction in more than three decades after the new coronavirus shuttered businesses and crushed domestic demand.
April’s unemployment rate, which is 7.3 million people without jobs, compares with 5.3 percent in January and 5.1 percent in April last year.
“We should not lose sight of the fact that this loss in employment is really temporary,” Economic Planning Undersecretary Rosemarie Edillon said in an online news conference.
The lockdown in the capital, Manila, which was one of the world’s longest and strictest, was relaxed as of June 1 to allow much-needed business activity to resume and soften the economic blow of the coronavirus, which has infected more than 20,000 in the country.

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Source: CFL submits revised financial request to federal government

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TORONTO — The CFL sent federal Canadian Heritage Minister Steven Guilbeault a revised revised financial request Friday.

A league source said the league is seeking about $42.5 million in aid. In April, the CFL asked the federal government for up to $150 million in the event of a cancelled 2020 season due to the COVID-19 pandemic.

The source added the request is to over cover operating costs and player salaries for a shortened 2020 season and has involved input from the CFL Players’ Association.

The source spoke on the condition of anonymity because neither the government nor CFL have confirmed the request.

“We continue discussions with the federal government including discussions on our possible return to play,” the CFL said in a statement.

The CFL’s initial request of Ottawa consisted of three tiers: It called for $30 million immediately to manage the impact the outbreak has had on league business; additional assistance for an abbreviated regular season; and up to another $120 million in the event of a lost 2020 campaign.

When CFL commissioner Randy Ambrosie spoke to a federal standing committee on finance in May, he was roundly criticized for failing to stipulate where the funds would go and not involving the CFL Players’ Association in the process.

The earliest an abbreviated ’20 season will begin is September but Ambrosie has stated a cancelled campaign also remains possible.

Last month, the CFL and CFLPA began talks at amending the current collective bargaining agreement to allow for an abbreviated season. Prior to negotiations beginning, the league gave the union a memo outlining the conditions it wanted and a completion deadline of July 23.

This report by The Canadian Press was first published July 10, 2020.



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HIMSSCast: The ongoing financial toll of COVID-19 for health systems

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This isn’t a second wave. It’s a first wave that never really went away. That’s what experts are saying about the current COVID-19 resurgence. And just as the virus isn’t going anywhere soon, neither are the financial woes it’s creating for hospitals and health systems.

On this episode of HIMSSCast, host Jonah Comstock welcomes Healthcare Finance News Managing Editor Susan Morse and Associate Editor Jeff Lagasse to talk about the current state of affairs for hospitals.

 

More related to this episode:

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Hospitals see an increase in jobs for first time in two months, BLS reports

Hospitals have received most of the loans from the Paycheck Protection Program

HHS announces billion-dollar push toward experimental COVID-19 vaccine

Telehealth claims increased significantly between April 2019 and 2020, report shows

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Nepal cable TV operators stop airing Indian news channels

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KATHMANDU, Nepal — Nepal’s cable and satellite television providers have stopped airing Indian news channels, with one operator saying Friday that the move was in response to public complaints over coverage of Nepal’s prime minister.

Sudeep Acharya, managing director of satellite television provider Dish Home, said they stopped airing the Indian news channels Thursday night after they were flooded with complaints about news reports about Prime Minister Khadga Prasad Oli.

Acharya said there was no government order to stop airing the channels, adding that the decision was made after discussions between cable and satellite television providers. It was not decided for how long they planned to stop airing the channels.

Some of the Indian media reports have suggested Oli is a puppet of the Chinese government. One recent report on Indian channel Zee news suggested Oli had close ties with the Chinese ambassador to Nepal, who has been meeting several leaders of Oli’s Nepal Communist Party.

Nepal’s government has condemned the reports.

“The government condemns any media content that assassinates the character of any person, spreads hatred and disregards the respect and honour of the individual concerned,” Nepal’s Information Minister Yuba Raj Khatiwad said Thursday.

Oli has been a target of both Indian leadership and media since his government brought out a new map of the country that includes territories claimed by both India and Nepal. The new map has strained relations between two South Asian nations with exchanges of strong statements.

Kathmandu’s relations with New Delhi worsened after Oli said last week in an internal party meeting that India was attempting to oust him from office with help from some of the members of his own party.

India had been a dominant force in Nepal until recently, when China’s involvement began to grow. Besides China’s investment in the building of airports, highways and hydro-power projects in Nepal, Chinese diplomats have worked to increase ties with Nepali political leaders.

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This story has been corrected to show that the government condemned content that assassinates the “character” of any person, not the “charter.”

The Associated Press

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