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US Economy Predictions; 10 Things To Know

Financing August 2019
A number of economists are expecting a recession in 2021, but President Donald Trump remains optimistic about the economy. A fatal disease is attacking Florida’s iconic palm trees.

US Economy Predictions; 10 Things To Know

By The Associated Press

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

1. AFGHANISTAN'S VOW AFTER HORRIFIC WEDDING ATTACK

President Ashraf Ghani pledges to "eliminate" all safe havens of the Islamic State group after it claimed responsibility for the deadliest attack in the capital this year, with 63 killed and 182 wounded.

2. WHO THE US IS SECRETLY TALKING TO IN VENEZUELA

A socialist party boss has been covertly contacted by the U.S. as close allies of President Nicolás Maduro's inner circle seek guarantees they won't face prosecution for alleged abuses and crimes if they cede to growing demands to remove him, the AP finds.

3. WHEN A NUMBER OF ECONOMISTS EXPECT A US RECESSION

Thirty-four percent of economists surveyed by the National Association for Business Economics, in a report being released Monday, said they believe a slowing economy will tip into recession in 2021.

4. WHO IS DOWNPLAYING THREATS OF A RECESSION

President Trump offered an optimistic outlook of the economy saying, "We're doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they're loaded up with money."

5. HE DUMPED TRUMP, NOW THIS LAWMAKER'S DISTRICT MAY DUMP HIM

Rep. Justin Amash was the first Republican on Capitol Hill to call for impeachment proceedings against the president. Now he finds himself a cautionary tale for GOP lawmakers who consider opposing Trump, whose job approval rating among Republicans has hovered around 90% for the past year, according to Gallup.

6. PIONEERING WOMAN IN LOUISIANA POLITICS BLAMED FOR KATRINA HAS DIED

Gov. Kathleen Blanco, who held office from 2004 to 2008, died Sunday at 76. She shouldered much of the blame for the devastating 2005 hurricane that killed more than 1,400 people, displaced hundreds of thousands.

7. DISAPPOINTMENT, UNDERSTANDING AS CHINESE K-POP STARS BACK BEIJING ON HONG KONG

Lay Zhang, Jackson Wang, Lai Kuan-lin and Victoria Song were among the K-pop singers who recently uploaded a Chinese flag and declared themselves as "one of 1.4 billion guardians of the Chinese flag" on their official Weibo social media accounts.

8. WHY TENS OF THOUSANDS OF PALM TREES HAVE DIED IN FLORIDA

The iconic trees are under attack from a fatal disease, spread by a rice-sized, plant-hopping insect that turns them to dried crisps in months, with no chance for recovery once they become ill.

9. WHAT'S BEHIND WORSENING SEOUL-TOKYO TRADE DISPUTE

Tokyo's moves to impose trade curbs on Seoul have struck a nerve in South Korea. Japan's annoyed about the perception that Seoul continuously keeps alive history issues that Tokyo, which has repeatedly expressed remorse for its wartime actions, says have been settled.

10. A HEALTHY TIGER WOODS IS OUT FOR THE SEASON

His time ended at Medinah, where he won two PGA Championship titles at the peak of his game and his health. It will be the 15th time in his career that Woods did not show up to defend a title on the PGA Tour.

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Other articles from Hispanic Outlook:

US Recession Fears Stalk Markets

LONDON (AP) — Global stock markets fell sharply again Thursday after Wall Street endured its worst day of the year as recession fears in the U.S. and around the world escalated. Investors across financial assets have been gripped by developments in the U.S. bond market. On Wednesday they focused on the fact the yield, or interest rate, on the benchmark 10-year Treasury bond briefly dropped below the two-year Treasury's yield for the first time since 2007. That's a sign that traders have sought the sanctuary of U.S. government bonds amid concerns of an economic slowdown. In the past, this so-called inversion of the U.S. yield curve has accurately predicted the past five recessions. Traders clearly took fright at that development, with the Dow Jones industrial average dropping 800 points, or 3.1%, on Wednesday — its worst performance of 2019. “The countdown to a recession has…”

Read full article here

Is There A Doctor…Anywhere?

Perhaps this has happened to you (and if it hasn't, it might happen soon). You need to see a Doctor, but you’re told you can’t see the Doctor for weeks or maybe even a month. Or maybe your trusted family Doctor has either moved away, died or retired, and an all-purpose medical group has moved into that office. More than likely you’ll have to get used to seeing non-Doctors including nurses and APNs for routine office visits. Unless the projected Physician shortage is reversed, that’s the future of medical care. If that doesn’t sound wrong, how would you feel if you were on trial in a case where your life, liberty or livelihood was on the line, and the only person you could find to argue on your behalf was a paralegal, not a licensed attorney?  Unlike an attorney, every time you see a Doctor there’s a chance that his or her skills will discover and treat something that would otherwise severely impact...

Read full article here

Graduating More Latino Doctors

In the 2003 landmark Supreme Court decision on affirmative action at the University of Michigan Justice Sandra Day O’Connor wrote, “We expect that 25 years from now, the use of racial preferences will no longer be necessary to further the interest approved today.” Since that 2003 decision, the United States has made little progress in the areas Justice O’Connor had hoped, says Jorge Girotti, director, The Hispanic Center of Excellence at the University of Illinois College of Medicine. In fact, it appears the country is moving backwards, he added. Statistics suggest that most U.S. medical schools can just attract, enroll or graduate significant numbers of Latinos. In the 2018-19 school year Latinos comprised only 6.4% of students enrolled in U.S. medical schools. Some schools, however, are the exception. The University of Illinois College of Medicine, for... 

Read full article here

 

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