Country music legend Kenny Rogers has died at
the age of 81.
He “passed away peacefully at home from natural causes”, a family
representative said.
Kenny Rogers topped pop and country charts during the 1970s and 1980s, and
won three Grammy awards.
Known for his husky voice and ballads including Lucille, TheGambler, and Coward Of The County, his career spanned more than six decades.
Kenny Rogers once summed up his popularity by explaining that he believed
his songs “say what every man wants to say and that every woman wants to
hear”.
After growing up in poverty on a federal housing estate in Houston, Texas, Kenny
Rogers began recording with a string of bands before launching his solo career
in 1976.
Kenny Rogers was never a favorite of music critics, but became one of the
most successful pop-country crossover acts of all time, and the 10th
best-selling male artist in US history in terms of album sales.
The musician collaborated with other country music legends during his
career, including Dolly Parton and Willie Nelson.
In 2007, Kenny Rogers unexpectedly found himself back in the limelight in
the UK when The Gambler became the
unofficial World Cup anthem of England’s Rugby Team.
Women make up almost half of the workforce. In
many instances, they are the sole or co-breadwinner in half of the American
families with children. They receive more college and graduate degrees than
men. Yet, on average, women continue to earn considerably less than men. Women,
on average, earn less than men in nearly every single occupation for which
there is sufficient earnings data for both men and women to calculate an
earnings ratio.
Minimum Wage
The federal minimum wage is currently $7.25 an hour. There are 21 states and many cities that have a minimum wage higher than the federal level. Washington state has the highest at $9.32 and Oregon trails second at $9.10. Economic research firms have long argued that higher minimum wages cause firms to reduce employment, especially of low-wage workers, and thus they inflict damage on the U.S. economy. But two new papers provide powerful evidence that higher minimum wages in fact boost the conditions of workers—especially the least skilled and lowest paid among them—without doing broad economic harm.
Welfare Drug Testing
The goal of governments who provide these
resources is to remove as much fraud as possible from the system. Then there is
the eventual goal to help everyone find a meaningful job so that eventually the
individual or household can be self-supportive.
Paid Sick Leave
A paid time off (PTO) policy combines vacation,
sick time and personal time into a single bank of days for employees to use
when they take paid time off from work. A PTO policy creates a pool of days
that an employee may use at his or her discretion. At the height of the summer
season, companies’ vacation plans are often put to the test. If your company
experiences frequent issues when trying to handle the mass influx of requests
that come in over the summer months, it may be time to consider a paid time off
the bank as an alternative to a traditional vacation plan.
Welfare
In essence, welfare programs are a government
subsidy that is paid directly to people with a qualifying income. In the United
States, qualification requires a household income falls below a specific
percentage of the poverty level. For several generations, benefits have been
given out to people so they can have basic services, such as food access,
without charge. The pros and cons of welfare show that it can be useful to help
those who are in need, but there must be controls in place to limit abuse.
There will always be a debate about who deserves to receive welfare benefits.
California governor has issued a
“stay at home” order to residents as the state tries to stem the
march of the coronavirus across the most populous US state.
Governor Gavin Newsom told residents
they should only leave their homes when necessary during the pandemic.
He earlier estimated more than half
of the 40 million people in his state would contract Covid-19 in just the next
two months.
Speaking from the state’s emergency operations centre in Sacramento – a
place that is normally used to coordinate the response to wildfires or
earthquakes – Governor Newsom called on people here to only leave their homes
if it was absolutely necessary, to get food, collect medicines, or care for a
friend or relative.
Citing
a model that state planners here have been using, the governor predicted that
more than half of California’s population will contract the virus over the
course of the next eight weeks – a staggering total of around 25 million
people.
Governor Newsom said that cases of the virus were doubling every four hours
in some areas, and – based on projections – nearly 20,000 more hospital beds
would be needed to deal with the effects of the outbreak than the state could
currently provide.
The virus has claimed 205 lives in the US and infected more
than 14,000.
Globally nearly 250,000 patients
have tested positive for the respiratory illness and more than 10,000 have
died.
Governor Newsom said on March 19: “This is a moment we need to make tough
decisions. We need to recognize reality.”
California is among the first states
to bring in blanket restrictions. Earlier this week Nevada said non-essential
businesses should close for 30 days.
The governor’s order will allow
residents to leave their homes to buy groceries or medicine, or walk a dog or
take exercise, but seeks to limit public interactions.
It will force businesses deemed
non-essential to close, while allowing others including grocery stores,
pharmacies, banks and petrol stations to stay open.
About half of California’s
population is already subject to similar stringent measures, including the city
of San Francisco.
Speaking at a press conference in Sacramento, Governor Newsom said the virus
“will impact about 56% of us – you do the math in the state of California,
that’s a particularly large number”.
The governor did not clarify how his officials had calculated that figure,
which would amount to nearly 22.5 million infected people.
However, his spokesman acknowledged the estimate did not take into account
the mitigation measures being implemented state-wide.
Governor Newsom is asking Congress for a billion dollars in federal funding to support California’s response to the crisis, and calling for a navy hospital ship to be deployed to the Port of Los Angeles to help deal with the anticipated surge in patients.
According to Johns Hopkins University, the global
coronavirus death toll has now exceeded 10,000.
There are 10,033 deaths from Covid-19 worldwide as of March
19.
Johns Hopkins University – which has been compiling its data
soon after the outbreak began late last year – says the number of confirmed
cases is fast approaching 250,000.
For the second day in a row, China has reported no new
domestic cases.
Meanwhile, Italy has overtaken China’s death toll with 3,405
victims.
Argentina has imposed a nationwide lockdown, the first Latin
American country to do so.
California is, nonetheless, one of the main centers of the coronavirus in
the US, and the state’s Governor Gavin Newsom has issued an order covering
virtually the entire population of 40 million people.
Speaking
from the state’s emergency operations centre in Sacramento – a place that is
normally used to coordinate the response to wildfires or earthquakes – Governor
Newsom called on people here to only leave their homes if it was absolutely
necessary, to get food, collect medicines, or care for a friend or relative.
Citing
a model that state planners here have been using, the governor predicted that
more than half of California’s population will contract the virus over the
course of the next eight weeks – a staggering total of around 25 million
people.
Governor
Newsom said that cases of the virus were doubling every four hours in some
areas, and – based on projections – nearly 20,000 more hospital beds would be
needed to deal with the effects of the outbreak than the state could currently
provide.
He
is asking Congress for a billion dollars in federal funding to support
California’s response to the crisis, and calling for a navy hospital ship to be
deployed to the Port of Los Angeles to help deal with the anticipated surge in
patients.
As part of measures to fight the coronavirus pandemic, the Holly Mount Athos,
Greece, announced on March 19 that it will not be receiving any visitors or
pilgrims until March 30.
The all-male Orhodox enclave comprises several monasteries and hermitages,
some of the oldest in the country, occupying the easternmost section of the Halkidiki
peninsula in northern Greece.
Mount Athos is an enclave of 20 monasteries. Women have been banned for over
1,000 years.
Greece and Russia are both largely Orthodox Christian countries and have
close religious ties.
Mount Athos is an autonomous and self-governed territory of Greece. It
occupies the whole of the third peninsula of Halkidiki Greece, covering an area
of 130 sq mile.
The Mount is the largest area in the world from which women, and female
animals, are banned.
Each day, 100 Orthodox and 10 non-Orthodox male pilgrims are admitted for a three-night stay in one of the peninsula’s 20 monasteries. Mount Athos has barred women for more than 1,000 years – they are not allowed within 0.3 miles of the coast.
Ben McAdams and Mario Diaz-Balart became the first members of Congress to
test positive for the Covid-19.
The office of Congressman Ben
McAdams, a Utah Democrat, said on March 18 that he had tested positive for the
virus.
The representative said he developed
“mild cold-like symptoms” after returning from Washington DC on March
14.
Ben McAdams said he immediately
self-isolated at home, but “my symptoms got worse and I developed a fever,
a dry cough and labored breathing”.
According to the statement, his
doctor referred him on March 17 for a Covid-19 test, which came back positive
on March 18.
Ben McAdams, 45, said he would remain in self-quarantine until he had
recovered.
Mario Diaz-Balart, a Florida Republican, also announced on March 18 that he
had tested positive for coronavirus.
The 58-year-old tweeted from self-quarantine at his flat in Washington DC: “I’m feeling much better. However, it’s
important that everyone take this seriously.”
Meanwhile, President Donald Trump has vowed the
US will achieve “total victory” over the coronavirus, describing himself
as a “wartime president”.
At a White House press conference, the president was asked by a reporter
whether he considered the country to be on a war footing in terms of fighting
the virus.
He said: “It’s a war.
“I view it as a, in a sense, a
wartime president.”
President Trump spoke as he revived a Korean War-era measure allowing the US
to ramp up production of vital medical supplies.
According to estimates, the US has more than 9,300 cases of Covid-19 and has
seen 150 deaths so far.
Globally there are some 220,000 confirmed cases and over 8,800 deaths.
President Trump has been holding daily briefings on the emergency this week
after being accused of playing down the outbreak in its early stages.
He said: “We must sacrifice
together, because we are all in this together, and we will come through
together. It’s the invisible enemy. That’s always the toughest enemy.
“But we are going to defeat the
invisible enemy. I think we are going to do it even faster than we thought, and
it’ll be a complete victory. It’ll be a total victory.”
President Trump announced he was signing the 1950 Defense Production Act,
which empowers the president to direct civilian businesses to help meet orders
for products necessary for national security.
However, the president said later on Twitter that he would only invoke the
measure “in a worst case scenario in the future”.
President Trump also described as an “absolute, total worst case
scenario” a warning by his Treasury Secretary, Steve Mnuchin, that the
pandemic could send US unemployment rocketing to 20%.
He said two US Navy hospitals ships would be pressed into service to help
alleviate an expected shortage of sick beds.
The USNS Comfort is expected to be sent to New York Harbor, though defense
officials said it is currently undergoing maintenance in Virginia.
The other vessel, USNS Mercy, is being prepared to deploy to a location on
the West Coast.
During the press conference,
President Trump again rejected suggestions that his use of the term
“Chinese virus” to describe Covid-19 was racist.
The US-Canada border, the world’s
longest, was effectively closed, except for essential travel and commerce.
President Trump also announced a new
crackdown on immigrants or asylum seekers crossing the US-Mexico border.
The president said his administration would invoke a statute that allows people to be blocked in order to prevent the spread of communicable diseases.
All 50 states in the US have been
hit by the deadly coronavirus as West Virginia reported its first case of the
infection on March 17.
Announcing the state’s first
Covid-19 patient, West Virginia Governor Jim Justice said: “We knew this was coming.”
So far, there are 108 deaths in the
US from coronavirus and more than 6,300 confirmed cases nationwide.
Globally, there are 217,325 cases and
8,917 people have died as of March 18.
As the Trump administration seeks a $1
trillion stimulus package, Treasury Secretary Steven Mnuchin reportedly warned
Republican senators privately on March 17 that if Congress failed to act, US
unemployment could hit 20% – almost double the jobless rate during the Great
Recession after the 2008 financial crisis.
NYC Mayor Bill de Blasio said he would decide within two days whether to
order the city’s 8.5 million residents to “shelter in place”.
Such a move could largely confine people to their homes, while allowing them
to make necessary trips to buy groceries or medicine, walk a dog or exercise as
long as they avoid public interaction.
The mayor said: “It’s a very,
very difficult decision.
“We’ve never been here before. I
have never heard of anything like this in the history of New York City.”
However, New York Governor Andrew Cuomo has suggested he would reject such a
plan.
Meanwhile, officials in the San Francisco Bay area have already ordered 6.7 million residents to stay home for all but the most crucial outings until April 7.
Business casual can be a confusing term, as it will tend to vary
from one workplace to another. Ultimately though, as the savvy and
style-conscious employee you are, erring on the side of business over casual is
the way to go. Following are four items and accessories that highlight your
professionalism while also leaving you looking cool and feeling comfortable for
the day’s work ahead.
For men, pants are essential for the business casual wardrobe. It may sound obvious, but yours truly showed up to my first ever job interview wearing a pair of shorts. I ended up getting the job, but the hiring manager informed me “don’t ever wear shorts to a job interview again.” Lesson learned.
When it comes to pants, wool and khaki are generally a good choice
for business casual workplaces. Wool pants come in a variety of colors and
styles, and they can really button down the professional end of the business
casual look. Khakis are more on the casual side but are still generally
considered a go-to in business casual workplace environments. Jeans, on the
other hand, lie on the cusp between business casual and plain old casual. If
you are going to wear jeans, go with dark wash and save the “distressed
look” (store-bought or naturally acquired) for the weekends.
2. Button-Down Shirts
A button-down shirt will get you by in just about any workplace, but not all button-down shirts are created equal. Stay away from patterns that are too loud or designs that are overly trendy. Instead, stick with classic colors such as white or light blue, in either solid or subtle patterns. You can get away with other colors, but don’t go too big. Think light green or lavender. Keep in mind that your goal is to look professional, not necessarily to make a bold fashion statement.
3. To Tie or Not to Tie
One of the perceived benefits of the business casual wardrobe is
the fact that you aren’t required to wear a tie. This doesn’t mean you can’t
incorporate the tie into your more casual outfits to lend them a more
professional look. For example, if your workplace allows jeans as part of your
business casual wardrobe, combining a neat pair of dark-washed jeans with a
sharp button-down shirt and tie, and adding a pullover sweater, can create a
sophisticated, professional looking style.
4. Getting the Right Fit and Style
All the style elements in the world won’t create a sophisticated look if your clothing doesn’t fit properly. Working with a stylist can save you a ton of time putting together your wardrobe, and there are a number of websites that feature articles on seasonal and regional styles. Once a stylist understands your fashion sense and knows your measurements, they can put together new outfits for you with ease, and they can field questions you might have about the best way to rock a given look.
Putting together the right wardrobe might seem like a hassle, but
once you’ve got it dialed in, understanding how to dress business casual for
work will help you feel more professional, comfortable, and ready to dive in to
the day’s work ahead.
Treasury Secretary Steven Mnuchin has announced that he supports sending money directly to Americans as part of a $1 trillion stimulus aimed at averting an economic crisis caused by the coronavirus.
He said: “We’re looking at
sending cheques to Americans immediately.”
The $250 billion in cheques are part of a huge aid package which the White
House is discussing with Congress.
The move follows widespread school and store closures as the number of
coronavirus cases in the US passes 5,200 people.
The US has been debating how to provide relief as activity grinds to a halt
in response to curfews and other measures intended to slow the spread of the
virus.
Details such as the size of the cheques, and who would qualify for them, are
still under discussion.
A $1 trillion aid package would be larger than the US response to the 2008
financial crisis, amounting to nearly a quarter of what the federal government
spent last year.
In addition to the $250 billion in cheques for families, the plan includes a
bailout for airlines and hotels, among other measures. The proposal must be
approved by Congress to move forward.
Separate from the $1 trillion package, Steve Mnuchin said the government
would also allow companies and individuals to delay their tax payments for 90
days.
He said: “We look forward to
having bipartisan support to pass this legislation very quickly.”
President Donald Trump initially proposed a payroll tax cut, which would
reduce the money the government automatically withholds from worker pay to pay
for social programs.
However, critics said that relief would come too slowly and leave out those
without jobs. Several high-profile economists had urged more direct assistance,
including $1,000 payments, winning support from lawmakers such as Republican
Senator Mitt Romney.
President Trump said he had come round to the view that faster, more direct
relief is necessary.
He said: “With this invisible
enemy, we don’t want people losing their jobs and not having money to live.”
The president added that he wanted to target the relief to those who need
it.
Steven Mnuchin said he hoped to send the cheques within two weeks.
He said: “Americans need cash now and the president wants to give cash now and I mean now, in the next two weeks.”
In an unprecedented move, the
European Union will ban travelers from outside the bloc for 30 days in order to
seal its borders amid the coronavirus crisis.
The measure is expected to apply to
26 EU states as well as Iceland, Liechtenstein, Norway and Switzerland. UK
citizens will be unaffected.
The travel ban came as deaths
continued to soar in Italy and Spain, and France began a strict lockdown.
Europe, which is now the “epicenter
of pandemic”, has been badly hit by the coronavirus, which has killed 7,500
globally.
Meanwhile, the Euro 2020 soccer
championship has been postponed by a year.
According to the WHO, the virus has
infected more than 185,000 people worldwide.
The travel ban will affect all
non-EU nationals from visiting the bloc, except long-term residents, family
members of EU nationals and diplomats, cross-border and healthcare workers, and
people transporting goods.
Free travel is a cherished principle
within the European border-free Schengen area. However, in recent days many
countries have unilaterally imposed full or partial border shutdowns in a bid
to stop the spread of the coronavirus.
This prompted the EU Commission to
propose that the bloc act in a more unified fashion and restrict entry to the
union as a whole, at the urging of French President Emmanuel Macron.
The measures were agreed in a video-summit between EU leaders on March 17
and will now have to be implemented by member states.
EU Commission chief Ursula von der Leyen said at a press conference: “They said they will immediately do
that.
“This is good, so that we have a
unanimous and united approach [where] the external borders are concerned.”
The UK and the Republic of Ireland – which is part of the EU but not Schengen – will be invited to join the measure.
Governments from around the world have asked people to stay at home to help preventing and slowing down the spread of coronavirus.
Self-isolating means cutting
yourself off from the rest of the world.
From now on, if one person in a
household starts to display flu-like symptoms – defined as a fever of above 100F
(37.8C) or a persistent cough – everyone living there must stay at home for 14
days.
The person with the symptoms should stay in a well-ventilated room with a
window that can be opened, and keep away from other people in the home.
They should ask for help for groceries, other shopping or medication, which
can be dropped off on the doorstep by friends, family or delivery drivers.
The Covid-19 disease can cause a fever, cough and breathing problems. It
takes five days on average for people to start showing the symptoms.
What if someone self-isolating shares a home?
If someone is self-isolating and shares a kitchen, they should try to avoid
using it when other people are there and take meals back to their room to eat.
Clean all the surfaces at home with household cleaning products daily.
Although they might not be able to entirely separate themselves from family
members or flat-mates, the advice is to limit contact as much as possible.
If possible, stay at least 6ft from other people they live with and sleep
alone. Keep away from vulnerable people.
People living with someone in isolation should wash their hands often, using
soap and water for at least 20 seconds – especially after coming into contact
with them.
Other people shouldn’t share towels, toiletries or other household items
with someone in isolation, who should have a separate bathroom. If that is not
possible, the isolated person should use the bathroom last, cleaning it
thoroughly afterwards if they are able.
Any rubbish that the isolated person has been in contact with should be double-bagged and kept.
Authorities in most of the coronavirus affected countries
have asked people to stop non-essential contact with others and avoid all
unnecessary travel. This is known as social distancing.
Social distancing means trying to
avoid contact with other people.
It means spending less time in
public places, where a lot of people are around.
Usually, governments want:
People to start working from home wherever possible
All unnecessary travel stopped
Restaurants, pubs, clubs, theatres and other such social venues to be avoided
Stay at least 6ft from other people
Keep away from vulnerable people
Anyone living with someone who has a cough or a temperature to stay at home for 14 days.
The US coronavirus emergency could
last until the end of the summer or even longer, President Donald Trump told reporters
at the White House on March 16.
The US has so far had 4,100 cases of
the virus and 71 deaths.
The president said over the next 15
days, Americans should not gather in groups of more than 10 people and avoid
bars, restaurants, food courts and crowds.
Donald Trump said the US is facing
“an invisible enemy” that is “so contagious”.
According to a tally from Johns
Hopkins University, there have been more than 174,000 confirmed cases of
coronavirus globally and over 6,700 deaths.
Under the US coronavirus task
force’s new guidelines, President Trump urged all older Americans to stay home.
Work and schooling should be at home.
Discretionary travel, shopping trips
and social visits should be avoided.
Anyone in a household who tests
positive for the virus should stay at home along with everyone who lives there.
Asked how long the emergency will
last, President Trump said: “People
are talking about July, August, something like that, so it could be right in
that period of time where I say, it washes through.”
The president continued: “They think August, could be July,
could be longer than that.”
He said he was not considering a
national curfew or lockdown, though added:
“We may look at certain areas, certain hot spots as they call them.”
President Trump said he had not yet
decided to close the US-Canada border, but told reporters it was something the
administration was considering.
He also addressed issues of testing,
as the US has been criticized for lagging far behind smaller countries in
getting tests out to the states.
Officials said on March 16 that a
million tests were currently available and more would be coming this week.
“A lot of testing has been going on,” President Trump said, though he also noted that those
without symptoms should not get the test.
“Not everybody should run out and get the test, but
we’re able to handle tremendous numbers.”
Health officials also said they are
due to add 30 million masks to the US supply and are shipping out gear and
health workers to bolster local testing efforts.
Asked how he would score his
administration’s response to the crisis on a scale of one to 10, President
Trump said: “I’d rate it a 10. I
think we’ve done a great job.”
White House coronavirus response coordinator
Dr. Deborah Birx, who joined the president, issued an appeal directly to
millennials, asking them to limit social contact.
She said: “They are the core people that will stop this virus.
“We really want people to be separated.”
Dr. Birx also warned against
socializing even if people feel well.
She said: “We know that there is a large group of infected people who are
asymptomatic, who continue to spread the virus.”
VP Mike Pence, who is leading the
coronavirus taskforce, told reporters he had not been tested yet.
He said: “I’m in regular consultation with the White House physician and he said I’ve not been exposed to anyone for any period of time that has had the coronavirus and that my wife and I have had no symptoms.”
Global stocks have plunged again despite
central banks around the world announcing a coordinated effort to ease the effects
of the new coronavirus.
The Dow Jones index closed 12.9% down after President Donald Trump said the
economy “may be” heading for recession.
Meanwhile, London’s FTSE 100 ended 4% lower, and other major European
markets saw similar slides.
On March 15, the Fed cut its interest rates by 100 basis points to a target
range of 0% to 0.25% and said it would offer at least $700 billion for support
to the markets in the coming weeks.
The move was part of coordinated action announced alongside the eurozone,
the UK, Japan, Canada, and Switzerland.
It comes as local officials across the US shut schools, restaurants and
bars, sports leagues cancel tournaments, and retailers such as Urban
Outfitters, Nike, and Gap announce hundreds of temporary store closures.
Speaking after the announcement, Fed chairman Jerome Powell said: “The virus is having a profound
effect.”
Investors are worried that central banks now have few options left to combat
the impact of the pandemic.
In New York, steep falls as markets opened triggered another automatic halt
to trading, which is meant to curb panic selling. Before last week, such halts,
known as circuit breakers, had not been used in more than two decades.
However, the sell-off continued after the 15-minute suspension, with the Dow
losing nearly 3,000 points or 12.9%, its worst percentage drop since 1987.
The wider S&P 500 dropped 11.9%, while NASDAQ dropped 12.3%. All three
indexes are now down more than 25% from their highs.
In London, companies in the travel sector saw big falls. Share in holiday
company Tui sank more than 27% after it said it would suspend the
“majority” of its operations. BA-owner IAG fell more than 25% after
it said it would cut its flight capacity by at least 75% in April and May.
The FTSE 250, which includes a number of well-known UK-focused companies,
ended down about 7.8%.
All the main European share indexes fell sharply, though they later regained
some ground. France’s Cac 40 index fell more than 5.7% and Germany’s Dax
dropped more than 5.3%.
In Asia, Japan’s benchmark Nikkei 225 closed down 2.5% and the Shanghai
Composite in China ended the day 3.3% lower.
Oil prices, which have been shaken by a price war between exporters, fell again. Brent crude dropped by more than 10% to less than $32 a barrel while West Texas International crude fell more than 8% to less than $30 a barrel.
According to recent reports, the first human
trial of a vaccine to protect against pandemic coronavirus is starting in the
US on March 16.
Forty five healthy volunteers will have the jab, at the Kaiser Permanente
research facility, in Seattle.
According to experts, the vaccine cannot cause Covid-19 but contains a
harmless genetic code copied from the virus that causes the disease.
It will still take many months to know if this vaccine, or others also in
research, will work, experts say.
Scientists around the world are fast-tracking research.
This first human trial, funded by the National Institutes of Health,
sidesteps a check that would normally be conducted – making sure the vaccine
can trigger an immune response in animals.
However, the biotechnology company behind the work, Moderna Therapeutics, says the vaccine has been made using a tried and tested process.
Don’t learn the hard way that your home insurance doesn’t cover the damage a hurricane or flood causes. If you just moved to a hurricane-prone area then you need to research the types of insurance that cover damage if one affects your property. In 2019, 18 named storms hit the USA, from which six became hurricanes and three reached Category 3 or higher intensity. Statistics show that a typical year has 12 named storms, six hurricanes, and 3 major hurricanes, so chances are your house to experience damage every year. If you lack comprehensive coverage, you’ll find difficult to handle the repairs, even if you have a high-paid job. And what’s the point of spending thousands of dollars annually when you can buy the insurance and have all the damage covered.
Most of the homeowners located in hurricane-prone areas buy flood insurance because it offers the greatest benefits. Here is what you should know.
Why should you get flood insurance?
Even if the local authorities don’t establish flood insurance mandatory for homes in your area, you should consider getting it. The hurricanes that move slowly often cause rains that generate damage by flooding. So, not only aggressive hurricanes destroy houses.
If
you have a mortgage on the house, the lender will ask you to purchase flood
insurance when the property is located in a flood hazard area. Do you still
have doubts? Here are some reasons to consider buying comprehensive coverage.
It saves you money
It’s wise to be prepared for natural disasters, no matter if you live in a flood-prone area or not. If one damages your house you can spend thousands or even hundreds of dollars to repair it, if you lack insurance. FEMA states that 3 inches of floodwater can generate $8000 costs when you have no insurance. Only 3 inches of water require replacement of floors, carpets, furniture, baseboards, hardwood, and drywalls. It destroys everything that touches the floors.
An
average storm or rain can cause 12 inches of water in a flood-prone area, so
you’ll need to pay for more than floors and carpets, you need to repair the
electrical system, buy new appliances, and install a new heating and cooling
system. A serious flood can cost more than $30,000.
Your standard insurance doesn’t protect you from flood
It
may be surprising to find out that regular insurance doesn’t cover for
hurricanes and flood, but usually homeowner’s insurance only protects you
against water pouring from the sky.
This
means that your insurance doesn’t cover floodwaters and you need to purchase
one created for this specific damage.
Floods are the most common natural disaster
It’s terrifying to find out that floods are the most common natural disaster because it’s pricey to repair the damages they create. Americans pay annually $8.2 million to fix flood damages. And the bad news is that flooding doesn’t come alone, it’s often accompanied by other forms of natural disasters like hurricanes, tornadoes, storms and earthquakes.
Buying
a comprehensive policy protects your house not only from flooding but also if
your neighbour overflows your house.
Where to find it?
You
need to contact the local insurance brokers to find out their offers and
compare services. Run an Internet search to identify the most reliable brokers
from your area. You can also find an agent through the National Flood Insurance
Program managed by the Federal Emergency Management Agency. Flood insurance is
available to all homeowners located in a hurricane-prone area.
Each
insurance provider offers different flood insurances, but most of them don’t
include the following services in the flood policy.
Water from inside the house
To
use the coverage to pay for flood damage the water must come from outside your
home. If something breaks inside the house (a pipe for example) and it
inundates one of the rooms, the flood coverage doesn’t pay for the repairs. You
need to use the homeowner policy for these expenses.
It doesn’t cover landscaping and swimming pools
If
your swimming pool breaks and drowns your property, you cannot use the
insurance to repair the damage. And even if water outside your house destroys
your property, the broker won’t reimburse for gardens, trees, and other
landscaping elements.
It only covers big floods
Some
companies cover only big floods that cover more than two acres or that affect
at least two properties in the same area. Also, if your house experiences mould
or mildew damage you could have prevented, it may not pay for the
deterioration.
It doesn’t include money and important papers
Most
policies don’t pay for the value of precious metals and stones, stock
certificates, currency, and other valuable papers you may keep inside the
house. It’s advisable to keep them in a safe place where natural disasters
cannot destroy them.
It doesn’t pay for improvements made to below-ground areas
You may want to transform your basement in a man cave, but before doing it you should know that flood insurance doesn’t cover the improvements. When living in a hurricane-prone area it’s recommended to remove all personal property from the basement because water can inundate it. Store in the basement only items you can spare.
Buying home insurance
Before
you purchase flood insurance, speak to your local broker to find out how much
insurance you need and what it covers. Most companies have a waiting period
before the policy is in force, so you shouldn’t wait until the first signs of a
storm appear.
When
your current provider doesn’t sell flood insurance you can buy a separate one
from another one. But before contacting them, document all improvements you
brought to your property. Last but not least, ask the broker what costs does
the policy cover because the majority of them don’t pay all replacement costs.
They usually focus on reimbursing your home’s structure and contents.
When you’re looking at a whole heap of debt, anything promising to make it easier to manage is a good thing — right?
Well, yes and no.
Sometimes different isn’t good, bad, better — nor worse.
Different can be just different.
With that said, consolidating all your eligible debts into a single loan will make your situation different. That goes without question. However, whether that difference will be beneficial depends upon a number of circumstances.
Long story short, if you’re wondering if debt consolidation is a bad thing, the answer is — it depends.
Let’s look.
Image source Flickr
How Debt Consolidation Works
As the term implies, debt consolidation is the process of combining as many of your outstanding debts as possible into a single loan. The oft-touted advantages include the opportunity for a lower interest rate, a lower monthly payment, a more easily managed situation and the potential to raise your credit score.
“OK,” you say, “sounds good so far, so what’s there to consider?”
How’s Your Credit?
If you have a strong credit score, you’ll qualify for a debt consolidation loan at a lower interest rate than if you’re currently having credit issues. That lower interest rate will typically be the difference between making a consolidation loan a good deal and a bad deal.
After all, the goal is to reduce the amount of interest you must pay and ideally, your monthly payment as well. If you allow yourself to get locked into a high-interest loan because your credit score is low, you could make your situation worse — even with a lower monthly payment. You’ll have to accept a longer repayment term to make the payments reasonable, which means you’ll pay more.
What Kind of Loan Are We Talking About?
Some people refinance their homes or use home equity lines of credit to pay off debt. Most financial experts advise against this, as it’s effectively trading unsecured debt for secured debt. In other words, you’ll be putting your home at risk to pay off debt for which the worst consequence would otherwise be a negative mark on your credit report.
Credit card debt is the type most often consolidated, along with medical debt and student loans. These obligations are secured only by your promise to repay. If you trade them for debt secured by an interest in your home, you could be forced to sell your house to pay off the lender if you hit a rough patch and can’t make your payments.
Do You Have Self-Control?
Let’s say you have five credit card accounts, each one at or near its limit. The minimum payments on them are adding up to more than you will soon be able to continue to comfortably manage each month. However, your credit score is still pretty good.
You take a consolidation loan at a good interest rate with a reasonable term and things ease up considerably. The monthly payment is easy to manage. The interest rate is lower and you’re on track to come out ahead of the game.
Breathing a sigh of relief, you go back to spending the way you did before, falling back into the habits that loaded those cards up in the first place. You rationalize it as being no big deal because of all the money you’re saving each month, thanks to the consolidation loan.
Before you know it, all those cards that had zero balances are at or near their limits again and you have a consolidation loan to service each month too.
Simply put, a debt consolidation loan will only enable you to go farther into debt if you can’t stop charging.
The Verdict?
Is debt consolidation a bad thing? Well, like so many other things in life, it depends. Debt consolidation can be the solution you’ve been seeking if you choose your loan and lender carefully, your credit score is still strong, and you manage your money well. On the other hand, it could be the worst possible thing you could do for your finances if any of those parameters are unmet.
France has ordered the closure of all
non-essential places used by the public from March 14 midnight as the
coronavirus outbreak spreads.
Prime Minister Edouard Philippe said the number of people in intensive care
was growing and earlier guidelines for the public were being ignored.
The measure applies to restaurants,
cafes, cinemas and nightclubs as well as non-essential businesses.
It would not, the prime minister
said, affect essential businesses which he listed as food shops, chemists,
banks, tobacco shops and petrol stations.
Edouard Philippe also asked people
to reduce their travel, especially between towns.
“The best way to slow down the epidemic is social
distancing,” he said.
“I say this gravely – we must all together show greater
discipline in the application of these measures,” the prime minister added.
However, local elections due on
March 15 would also still go ahead, he said. Religious buildings would remain
open but gatherings and ceremonies should be postponed.
France reported a sharp rise in
cases on March 14, from 3,661 to 4,499. It recorded 12 more deaths, bringing
the toll to 79.
Meanwhile, Spain has confirmed a 15-day lockdown as part of emergency
measures.
There will also be a reduction in
medium-distance rail traffic to stem the spread of people around the country,
and economic measures to support businesses and workers.
After a lengthy meeting of the
country’s government cabinet, Spanish PM Pedro Sánchez said a partial lockdown
would be in place across the country, with the armed forces on standby to
assist with relief efforts.
All stores will be forced to close,
except for those selling food and other basic necessities.
Pedro Sánchez said the state of
emergency could be extended with congressional approval.
Authorities recorded 1,800 more
cases since March 13 – many in the capital Madrid.
This will be the second state of
emergency in the country since the transition to democracy began in 1975, the
first being a 2010 air traffic controllers’ strike.
With 191 deaths and 6,046 infections, Spain is the worst-hit European
country after Italy.
Rome declared a nationwide lockdown on March 16. More than 1,440 people have
died in Italy.
Meanwhile, the US is extending its
European coronavirus travel ban to include the UK and Republic of Ireland. The
ban will begin at midnight EST on March 16, VP Mike Pence announced.
On March 13, the World Health
Organization (WHO) said Europe was now the “epicenter” of the pandemic.
The WHO Director General, Dr. Tedros Adhanom Ghebreyesus, urged countries to use aggressive measures, community mobilization and social distancing to save lives.
The Tokyo Olympic Games will go ahead as
planned in July, despite coronavirus concerns resulting in the postponement of
sporting events, Japan PM Shinzo Abe said.
The prime minister added the International Olympic Committee (IOC) would
have the final decision whether Tokyo 2020 goes ahead.
He said: “We will overcome the
spread of the infection and host the Olympics without problem, as planned.”
Japan has had more than 1,400 cases and 28 deaths resulting from
coronavirus.
According to organizers, the Tokyo Games is expected to cost about 1.35
trillion yen.
The Japan section of the Olympic Torch relay is due to start in Fukushima on
March 26. The recent torch-lighting ceremony in ancient Olympia was held
without spectators, before the rest of the relay in Greece was suspended to
avoid attracting crowds.
Tokyo governor Yuriko Koike said:
“We’re taking thorough infection measures with regards to the torch relay
domestically.”
Several Olympic trials events in the US have been postponed, including wrestling, rowing and diving.
The Tokyo Olympic Games will go ahead as
planned in July, despite coronavirus concerns resulting in the postponement of
sporting events, Japan PM Shinzo Abe said.
The prime minister added the International Olympic Committee (IOC) would
have the final decision whether Tokyo 2020 goes ahead.
He said: “We will overcome the
spread of the infection and host the Olympics without problem, as planned.”
Japan has had more than 1,400 cases and 28 deaths resulting from
coronavirus.
According to organizers, the Tokyo Games is expected to cost about 1.35
trillion yen.
The Japan section of the Olympic Torch relay is due to start in Fukushima on
March 26. The recent torch-lighting ceremony in ancient Olympia was held
without spectators, before the rest of the relay in Greece was suspended to
avoid attracting crowds.
Tokyo governor Yuriko Koike said:
“We’re taking thorough infection measures with regards to the torch relay
domestically.”
Several Olympic trials events in the US have been postponed, including
wrestling, rowing and diving.
President Donald Trump has declared a national
emergency to help handle the growing outbreak of COVID-19.
The move allows the federal government to tap up to $50 billion in emergency
relief funds.
It loosens regulations on the provision of healthcare and could speed up
testing – the slow pace of which has been criticized widely.
There are 1,701 confirmed cases of Covid-19 in the US, and 41 deaths.
Several states have taken measures to stem the infections rate, including
banning large gatherings, sporting events and closing schools.
The new coronavirus originated in China last December, but Europe is now the
“epicenter” of the global pandemic, the head of the World Health
Organization (WHO) said on March 13, as several European countries reported
steep rises in infections and deaths.
Italy has recorded its highest daily toll yet – 250 over the past 24 hours,
taking the total to 1,266, with 17,660 infections overall.
The Trump administration has come
under recent scrutiny over its failure to provide Americans with widespread
coronavirus testing.
The decision on the state of
emergency was announced by President Trump in a live address from the White
House Rose Garden.
The “next eight weeks are
critical,” President Trump said.
What are the measures envisaged as part of the emergency
response?
The US Health Secretary Alex Azar
and health officials can waive certain laws and license requirements, giving
more flexibility to healthcare providers.
Hospitals have been asked to
activate their emergency preparedness plans.
Up to 500,000 additional coronavirus
tests will be available by early next week, though authorities are not
recommending tests without clear need; private labs and vaccine developers will
be able to provide five million coronavirus tests within the month, though
authorities are not recommending tests for those without symptoms.
Interest on all student loans is to
be waived until further notice as a measure to ease the burden for students as
universities and colleges across the country shut their doors.
Democrats in Congress and heavily-affected
states had been urging President Trump to issue the order, which will also
allow more people to qualify for government health insurance.
Urged again to explain why he hasn’t
taken a coronavirus test following reports that he has been in the company of
people who have tested positive recently, President Trump said he had no
symptoms and there was no need for a test. But he added that he was likely to
have one “fairly soon”, anyway.
President Trump’s travel ban on 26 European countries, which was met with
anger and confusion this week, will go into effect on March 13 at midnight EDT.
The 1988 Stafford Act gives the president alone the ability to direct the
Federal Emergency Management Agency (FEMA) to co-ordinate a national response
to “natural catastrophes” within the US.
There are currently more than 30 national emergencies in effect.
President Trump has declared several national emergencies in his presidency, including one last year to redirect military funds to build a southern border wall to prevent illegal immigration.
The EU will pay €2,000 ($2,225) each to refugees
in overcrowded camps on the Greek islands willing to go back to their home
countries.
EU Home Affairs Commissioner Ylva Johansson announced the scheme in Athens
on March 12.
The scheme was agreed with the Greek government.
Ylva Johansson said it was temporary – open for one month only – and only for
refugees who arrived before January 1.
The commissioner said 5,000 migrants would be eligible for the
“voluntary return”.
This month, hundreds of immigrants and refugees have reached Greek islands near Turkey by boat, increasing the pressure on struggling reception centers. The camps on those islands already have nearly 42,000 asylum seekers, though they were designed for about 6,000.
Aid agency Medecins Sans Frontieres (MSF), which is working on the Greek islands,
says more than 14,000 of the refugees are children.
Ylva Johansson said seven EU member states had agreed to take in at least
1,600 unaccompanied children from the camps, seen as especially vulnerable.
Many of the refugees are Syrians
fleeing the civil war, but there are also Afghans, Pakistanis and West
Africans. It is not clear how many would qualify for refugee status.
Aid agencies consider Syria too
dangerous for refugees to be sent back there, but some other countries of
origin, such as Pakistan, are considered safe enough.
Greece has temporarily suspended its
processing of new asylum applications – a move condemned by aid groups.
The latest surge in numbers at the Greek border came after Turkey announced
that it would no longer stop them trying to enter Greece. Turkey, which is
hosting 3.7 million Syrian refugees already, accuses the EU of not doing enough
to help.
Ylva Johansson said repatriation of refugees from the islands would be
coordinated with the UN’s International Organization for Migration (IOM) and
the EU border force Frontex.
The situation is also acute on the Greece-Turkey land border, where Greek police have used tear gas and water cannon to keep immigrants out.
Italy is now facing its biggest crisis since World War Two. The government
has pledged to spend €25 billion ($28 billion) to tackle it – three times more
than it estimated it would need just a week ago. The economy is now expected to
slide into deep recession.
However, the foreign minister sounded a note of optimism, with a message to
the international community that “Italy will make it and Europe will make
it – I’m sure”.
He offered to share the experience and knowledge that the Italian government
had built up since the outbreak began with any country that needed it.
Italy has now seen 1,016 deaths, amid a total number 15,113 infections.
Civil protection officials say 1,258 have recovered, although the number of cases
has gone up by 2,651 since March 11. Italy is the world’s worst-hit country
after China.
Countries across the world have grounded flights to Italy or banned entry to
Italians or anyone travelling from Italy. Austria and Slovenia are placing
restrictions on their borders with Italy.
Italian nationals living in other countries have also reported individual
acts of hostility towards them, deplored by the foreign minister as
“unacceptable discrimination”, prompting “interventions”
from his government.
A handful of politicians here have been infected with the virus or are in
preventative self-isolation, including the leader of the Democratic Party, part
of the governing coalition.
Italian authorities say it could take two weeks for the impact of the
restrictions to be seen on the coronavirus outbreak nationwide, which is still
surging in towns and cities outside the initial red zone.
It is placing exceptional strain on Italy’s healthcare system – one of the
best in Europe.
The government has named a new commissioner to deal with the virus, Domenico Arcuri. He will co-ordinate the program to resupply hospitals with equipment they urgently need.
Canadian PM Justin Trudeau and his wife Sophie
Gregoire-Trudeau are self-isolating after she came down with flu-like symptoms
and was tested for the new coronavirus, according to an official statement on
March 12.
Sophie Gregoire-Trudeau began to show mild symptoms of illness late on March
11 after a speaking engagement in the UK.
Justin Trudeau is not exhibiting any symptoms.
There are currently approximately 103 confirmed cases of the
coronavirus in Canada, in the provinces of British Columbia, Ontario, Alberta,
Quebec, and Manitoba. There has been one death linked to the disease.
Under his doctor’s advice, the prime minister is continuing daily activities
while monitoring his health but “out of an abundance of caution” he
is working from home, the statement said.
A number of politicians around the globe have been self-isolating in recent
days after coming into possible contact with the virus, including five senior
US Republicans and a Canadian cabinet minister.
PM Trudeau is among the first world leaders to take the precautionary step.
Mongolia’s president recently returned to work following a 14-day quarantine
after a visit to China in February.
Justin Trudeau was scheduled to hold meetings over the next two days in
Ottawa with provincial premiers and First Nations leaders.
Those meetings have been postponed.
The prime minister will now be speaking with those provincial counterparts
over the phone, with the topic focusing on Canada’s response to the pandemic,
said his office in a statement on March 12.
“The prime minister will spend
the day in briefings, phone calls and virtual meetings from home including
speaking with other world leaders and joining the special Covid-19 cabinet committee
discussion,” Justin Trudeau’s office said.
Another federal party leader, the NDP’s Jagmeet Singh, said on March 12 he
was also staying at home because he was feeling unwell, though doctors have
told him that his symptoms are not consistent with the coronavirus.
He tweeted: “Their advice is for
me to limit contact with the public until I am feeling better.”
There are currently approximately 103 confirmed cases of the
coronavirus in Canada,
On March 11, Canada announced on a C$1 billion ($728 million) coronavirus
response fund to deal with the pandemic.
The funding package will help Canada address the domestic impact of the
virus and to support further research, including vaccine development.
PM Justin Trudeau said his government was ready to do more if the situation
warranted.
Speaking to reporters on March 11, Justin Trudeau urged Canadians to follow the recommendations of public health officials in order to help slow the spread of the disease and to avoid overburdening the health care system.
President Donald Trump has announced travel
restrictions on 26 European countries in a bid to combat the spread of the
coronavirus.
The travel ban applies to travelers from countries which are members of the
Schengen border-free travel area.
The UK, Ireland and other non-Schengen countries (e.g. Bulgaria, Croatia and
Romania) are unaffected. US citizens are also exempt.
The European Union condemned the measures, which it said were taken
“unilaterally and without consultation”.
The new rules go into effect on March 13 at midnight EDT and mark a major
escalation from President Trump, who has been accused of inaction over
coronavirus.
There are 1,135 confirmed cases of the virus across the US, with 38 deaths
so far.
President Trump said: “This is
the most aggressive and comprehensive effort to confront a foreign virus in
modern history.”
Justifying the travel restrictions, Donald Trump accused the EU of failing
to take “the same precautions” as the US in fighting the virus.
The president’s speech said all travel from Europe would be suspended but a
presidential proclamation later said it would only apply to anyone who had been
in the EU’s Schengen border-free area in the 14 days before their arrival in
the US.
President Trump also said the suspension would also apply to cargo coming
from Europe into the US. He later tweeted to say that trade would “in no
way be affected”.
The speech included plans to provide billions of dollars in loans to small
businesses and the president urged Congress to free up more funds.
He said for most Americans the risk was “very, very low” adding
“no nation is more prepared or more resilient than the United
States”.
In its response, the EU said the coronavirus was “a global crisis, not
limited to any continent and it requires cooperation rather than unilateral
action.
European Commission President Ursula Von der Leyen and European Council
President Charles Michel said in a statement: “The EU disapproves of the fact that the US decision to impose a
travel ban was taken unilaterally and without consultation.”
Senior Democrats said it was “alarming” that President Trump did
not address a shortage of coronavirus testing kits in the US.
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in
a statement: “The best way to help
keep the American people safe and ensure their economic security is for the
president to focus on fighting the spread of the coronavirus itself.”
On the travel ban, Lawrence Gostin, a public health expert at Georgetown
University, tweeted: “Most of Europe
is as safe as US. This will have no impact on US … germs don’t respect
borders.”
Concern over the coronavirus outbreak rose after a number of new cases were
confirmed earlier this month.
Containment efforts have begun in earnest. Troops have been deployed to New
Rochelle, just north of NYC, where one outbreak is believed to have originated.
The National Guard will deliver food to some individuals who have been told
to self-isolate there.
The governor of Washington state has
also banned large gatherings in several counties. The north-western state is
the focal point of the outbreak in the US, accounting for 24 of at least 38
deaths across the country.
In an unprecedented move, the NBA
announced that it would suspend the season after the March 11 games. The
decision came after one player for the Utah Jazz tested positive for the virus.
Dr. Anthony Fauci, director the National Institute of Allergy and Infectious
Diseases, told Congress that the outbreak is “going to get worse”,
and that depended on the ability to contain those infected.
High medical costs make the virus particularly problematic – many Americans
avoid visiting their doctor because of unaffordable charges. A lack of paid
sick leave is another concern, as are fears about the number of available
tests.
Vice-President Mike Pence, who is in charge of the task force co-ordinating the response to the crisis, has said that “any American can be tested, no restrictions, subject to doctor’s orders”, and that insurers had promised to offset the charges.
Tom Hanks has revealed that he and wife Rita
Wilson have tested positive for the new coronavirus in Australia.
Tom Hanks and Rita Wilson, both 63, sought medical advice after experiencing
the symptoms of a cold in Queensland, the actor wrote on Instagram.
The Hollywood star and his wife are now isolated in stable condition at an
Australian hospital, officials said.
Tom Hanks and Rita Wilson were on the Gold Coast as the actor made a film
about Elvis Presley.
Their diagnosis came shortly after the WHO officially declared the
coronavirus outbreak to be a pandemic.
Tom Hanks wrote on Instagram: “We
felt a bit tired, like we had colds, and some body aches. Rita had some chills
that came and went. Slight fevers too.
“To play things right, as is needed
in the world right now, we were tested for the coronavirus, and were found to
be positive.”
Tom Hanks, whose films include Forrest
Gump and Saving Private Ryan,
said he and his wife would keep the world “posted and updated”.
“We Hanks’ will be tested,
observed, and isolated for as long as public health and safety requires. Not
much more to it than a one-day-at-a-time approach, no?”
In 2013, Tom Hanks revealed he had been diagnosed with type 2 diabetes, the
more common form.
Work on Tom Hanks’ latest, untitled
movie has been temporarily suspended.
Gold Coast Mayor Tom Tate said: “All the people who were on set have
gone home and self-quarantined.”
The studio behind the film, Warner Bros, said it was “working closely with the appropriate Australian health agencies to identify and contact anyone” who may have come into direct contact with Tom Hanks.
