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...viruses is an economic evaluation of the effects of a pandemic. In a recent article, Reuters pointed out in 2008 that the IMF said a flu pandemic could cost $3 trillion and cause a 5% drop in global GDP. In other words, it would almost certainly turn the current deep recession into a worldwide depression. (See pictures of the global financial crisis...
...critical factors should prevent the current outbreak from spreading much further. The first is the sophisticated monitoring systems set up by the CDC in the United States, similar authorities in other countries, and the WHO on a global basis. The SARS outbreak in 2002 ended up killing less than 800 people, in part because of a near shutdown of world travel and minute-by-minute tracking of the progress of the disease around the world...
...would release more than 100,000 times the energy than that of the nuclear blast over Hiroshima. The asteroid was a big story, but buried deep in the press reports about it was the fact that the odds of a collision are 1 in 5,500 based on current information...
...subject of constant speculation and financial media interest. Its short interest as of April 15 was 63.8 million shares, down 7% from two weeks earlier. The company has a very high 28% of its float sold short, which is equivalent to six trading days of volume based on the current daily average. As concerns about the fate of the newspaper industry mounted, Gannett's shares plunged from over $9 in mid-January to $1.85 in mid-March. Two weeks ago, Ariel Investments announced that it had increased its investment in Gannett from 4.8% of the company to 12.5%. That puzzled...
...church." But now Mohler is predicting something more, a clash between churches themselves. (Most recently, the Anglican Communion has been paralyzed by debate over the consecration of gay bishops.) Writing on Thursday morning in his personal blog, Mohler laid out his thoughts more clearly still. "No issue defines our current cultural crisis as clearly as homosexuality. Some churches and denominations have capitulated to the demands of the homosexual rights movement, and now accept homosexuality as a fully valid lifestyle," he wrote. "Other denominations are tottering on the brink, and without a massive conservative resistance, they are almost certain to abandon...