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Final Mayoral Forums Tackle Environmental Racism and Policing – South Side Weekly

Johnson and Vallas seemed to align in some ways on setting up a Department of the Environment, but clashed on other issues. ....

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Peak stimulus in US is positive for long-term stability: QNB report

27 Jun 2021 - 9:38
The Peninsula
Doha: The US is in the middle of one of the most dramatic economic recoveries ever seen. After the US GDP collapsed by more than 31 percent annualised in Q2 2020, it rebounded strongly, printing annualised growth rates of 33 percent, 4 percent and 6 percent in the three following quarters to Q1 2021.
Such recovery was only possible due to massive policy stimulus. In fact, the US Federal Reserve (Fed) cut rates aggressively and injected liquidity at an unprecedented scale, while the Treasury championed a fiscal program with measures not seen since World War II and the post-Depression New Deal of the 1930s. According to the IMF, US discretionary support measures in response to the COVID-19 shock amounted to almost $6 trillion or 30 percent of the country’s GDP. ....

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