Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases this month is a bitter blow that will likely turn what was meant to be a period of healing for the economy into a lean winter of job losses and bankruptcies. Experts say that the global economy’s course depends on the health crisis.
A medical drone delivery service founded by trainee doctors that aims to transport coronavirus samples, test kits and protective equipment between hospitals has won the backing of Britain’s Space Agency.
The state has already lost billions in revenue as a result of the coronavirus pandemic and the three month extension of the state income tax filing deadline, according to the monthly cash report released last week by the state comptroller's office.
New York's contact tracing program, the largest ever attempted in the nation, will be done in coordination with Downstate NY, New Jersey and Connecticut, and in partnership with Bloomberg Philanthropies and Vital Strategies. Contact tracing is considered an essential component of controlling the spread of COVID-19 and safely reopening the economy.
All school board elections and budget votes in New York have been delayed until June and will be conducted by mail, while local special district and village elections will now be delayed until mid-September.
A substantial share of New York City residents earning more than $100,000 are working from home, have considered leaving the city, and show dissatisfaction with the city’s cost of living, according to a new poll commissioned by the Manhattan Institute.