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DER SPIEGEL Statement on Relotius Fraud Case

Claas Relotius wrote many seemingly excellent feature stories for DER SPIEGEL, but unfortunately most of them apparently contain fabricated passages. We are sorry about what has happened and we are investigating with the requisite humility.




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Interview with Lawyer of Football Leaks Informant Rui Pinto

Rui Pinto is the whistleblower behind Football Leaks and has been in jail in Portugal for months. In an interview, his lawyer William Bourdon talks about how his client is doing and what he is doing to get Pinto out of prison.




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Germany: Supermarkets and Hospitals Hire More Security Guards

Amid the current public health crisis, hospitals and grocery stores have a growing demand for more security personnel. The guards will help to limit access to buildings -- and stop possible fights over goods.




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Germany: The Big Wave of Corona Cases Will Hit Hospitals in 10 to 14 Days

The German health-care system is considered one of the best in the world. But the coronavirus is mercilessly exposing its weaknesses, with some hospitals already facing difficulties. Can Germany prevent the kind of collapse seen in Italy?




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New Podcast Episode - UEN Homeroom




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pitiless

Definition: (adjective) Without mercy or pity.
Synonyms: remorseless, ruthless.
Usage: He looked into the pitiless eyes of his enemy and knew then that this would be a fight to the death.
Discuss




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Madrid Hospitals Struggle to Handle Surge of Corona Patients

In Spain, the number of coronavirus deaths is climbing faster than in Italy. Dr. Inés Lipperheide is fighting to save her patients in an overcrowded intensive care unit. She reports conditions straight out of a "horror film."




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Md. Gov. Hogan vetoes sweeping education legislation

 -More





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The Environmental Bias of Trade Policy -- by Joseph S. Shapiro

This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry’s “dirtiness” is defined as its carbon dioxide (CO2) emissions per dollar of output. This difference in trade policy creates a global implicit subsidy to CO2 emissions in internationally traded goods and so contributes to climate change. This global implicit subsidy to CO2 emissions totals several hundred billion dollars annually. The greater protection of downstream industries, which are relatively clean, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs on their inputs but final consumers are poorly organized. A quantitative general equilibrium model suggests that if countries applied similar trade policies to clean and dirty goods, global CO2 emissions would decrease and global real income would change little.




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New York City: Eight Days in the New Capital of Corona

Not a soul to be seen on Wall Street, cafés closing down in Brooklyn and a field hospital in Central Park: New York City is in the grips of coronavirus. Notes from a week that changed the city.




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Capitals dump Brendan Leipsic for trashing women and teammates in leaked private chat

Brendan Leipsic talked his way out of a job.




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Gary Sanchez, Luis Severino and Dellin Betances among Dominican stars helping Pedro Martinez with coronavirus relief

Dominican Yankees and Mets stars are working with Pedro Martinez to respond to the coronavirus pandemic in their homeland.




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Does Economics Make You Sexist? -- by Valentina A. Paredes, M. Daniele Paserman, Francisco Pino

Recent research has highlighted unequal treatment for women in academic economics along several different dimensions, including promotion, hiring, credit for co-authorship, and standards for publication in professional journals. Can the source of these differences lie in biases against women that are pervasive in the discipline, even among students in the earliest stages of their training? In this paper, we provide evidence on the importance of explicit and implicit biases against women among students in economics relative to other fields. We conducted a large scale survey among undergraduate students in Chilean universities, among both entering first-year students and students in years 2 and above. On a wide battery of measures, economics students are more biased than students in other fields. Economics students are somewhat more biased already upon entry, before exposure to any economics classes. The gap is more pronounced among students in years 2 and above, in particular for male students. We also find an increase in bias in a sample of students that we follow longitudinally. Differences in political ideology explain essentially all the gap at entry, but none of the increase in the gap with exposure. Exposure to female students and faculty attenuates some of the bias.




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Chinese Loans Pose Risks to Developing World

China is the largest creditor in the world, funding infrastructure projects in the developing world in exchange for access to raw materials. A new study shows that the risk of a new debt crisis is significant.




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The Human Microchipping Trend Sweeping Sweden

Employees at the Swedish unit of the German travel conglomerate TUI are volunteering to have a microchip implanted in their hands. The technology literally opens doors, but also raises numerous ethical questions.




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Nouriel Roubini on Coronavirus: "This Crisis Will Spill Over and Result in a Disaster"

Economist Nouriel Roubini correctly predicted the 2008 financial crisis. Now, he believes that stock markets will plunge by 30 to 40 percent because of the coronavirus. And that Trump will lose his re-election bid.




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Despite coronavirus, antler hunters descend on Jackson Hole




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Justice Department dropping Flynn’s Trump-Russia case




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RSL returns to the pitch after MLS allows voluntary individual training




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Scott D. Pierce: It’s irresponsible for Salt Lake City TV stations to celebrate the 5-year-old who stole his family’s SUV




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Paul Krugman: An epidemic of hardship and hunger




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U.S. unemployment spikes to a Depression-era level of 14.7%




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Kyle Roerink and Steve Erickson: The tale of two pipelines for desert cities




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Did you order a grocery pickup? Don’t expect that six-pack to be in your bag. In Utah, you have to buy beer inside.




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Baseball execs with Salt Lake Bees, Ogden Raptors and Orem Owlz hoping for best, preparing for worst




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Here’s where all Utah’s hospitals and health departments get PPE




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Nicholas Kristof: McDonald’s workers in Denmark pity us




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Little Richard, flamboyant rock ‘n’ roll pioneer, dead at 87




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Trade Credit and the Transmission of Unconventional Monetary Policy -- by Manuel Adelino, Miguel A. Ferreira, Mariassunta Giannetti, Pedro Pires

We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.




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Gov. Cuomo, don’t cry over spilled milk: Edie Falco says N.Y. shouldn’t prop up dairy farmers

Like many New Yorkers — indeed, many Americans — I’ve looked to Gov. Cuomo’s decisive leadership during the coronavirus crisis. But his Nourish New York initiative, while well-intentioned, is a step in the wrong direction. With federal funds stretched to the limit, why would the governor squander $25 million to bail out the dairy industry, which is rife with disease and cruelty?




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Olympic figure skater Evan Lysacek sells Chicago condo for $827,000

Lysacek, originally from Naperville, took a loss on the two-bedroom condo.




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Baseball great Mike Piazza’s new home base: A $5.6 million South Florida condo

Hall of Famer and 12-time All Star Mike Piazza buys a three-bedroom condominium at The Ritz-Carlton Residences, Miami Beach for $5.6 million. The 3,838-square-foot condo has views of Surprise Lake and Biscayne Bay.




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Switzerland pays $3.48 million for condo in Pinnacle building

Switzerland paid $3.48 million for a four-bedroom, 5,300-square-foot condo in the Pinnacle building in downtown Chicago.




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‘They slap lipstick on a pig’: What Chicago real estate experts think of the HGTV effect and ‘Windy City Rehab’ woes

Chicago real estate experts bust myths portrayed by home improvement shows, from actors subbing in as buyers to unrealistically low renovation costs.




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Canceled open houses and virtual home tours. Realtors pivot amid pandemic to keep selling homes

Locally, the housing market got off to a great start at the beginning of the year, and all signs seemed to point to a bright spring season. And then the coronavirus struck.




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Which Workers Bear the Burden of Social Distancing Policies? -- by Simon Mongey, Laura Pilossoph, Alex Weinberg

What are the characteristics of workers in jobs likely to be initially affected by broad social distancing and later by narrower policy tailored to jobs with low risk of disease transmission? We use O NET to construct a measure of the likelihood that jobs can be conducted from home (a variant of Dingel and Neiman, 2020) and a measure of low physical proximity to others at work. We validate the measures by showing how they relate to similar measures constructed using time use data from ATUS. Our main finding is that workers in low-work-from-home or high-physical- proximity jobs are more economically vulnerable across various measures constructed from the CPS and PSID: they are less educated, of lower income, have fewer liquid assets relative to income, and are more likely renters. We further substantiate the measures with behavior during the epidemic. First, we show that MSAs with less pre-virus employment in work-from-home jobs experienced smaller declines in the incidence of `staying-at-home', as measured using SafeGraph cell phone data. Second, we show that both occupations and types of workers predicted to be employed in low work-from-home jobs experienced greater declines in employment according to the March 2020 CPS. For example, non-college educated workers experienced a 4ppt larger decline in employment relative to those with a college degree.




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Off-duty FDNY firefighter busted for DWI after found sleeping in parked car

Police discovered firefighter Lenzell Ross, 28, snoozing in his parked Tesla on the side of the Belt Parkway near Shore Parkway in Lindenwood about 2:30 a.m., authorities said.




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Gambino capo, 10 cohorts picked up on federal racketeering conspiracy, loansharking, bribery charges

Veteran captain Andrew Campos, 50, was arrested only months after a search warrant uncovered multiple photos of the mobster and co-defendant Richard Martino making prison visits to imprisoned Mafioso Frank LoCascio, once the underboss to the infamous “Dapper Don” Gotti.




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Defense lawyer, in closing arguments for 2016 slaying of beloved Brooklyn pizzeria owner, insists prosecutors failed to prove their case

Attorney Javier Solano, in his final jury address Friday, insisted there was a “piece that didn’t fit” in the prosecution’s presentation against murder suspect Andres Fernandez in the June 30, 2016, shooting of Louis Barbati.




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SEE IT: Home invader with knife walks through sleeping man’s home in Brooklyn

Creepy video of an intruder with a knife roaming through a sleeping man’s kitchen in Brooklyn was released by police Sunday night.




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Suspect with knife captured on video in sleeping man’s home may have also slipped into Brooklyn building: police

Cops are looking into the possibility a man who stalked through a Brooklyn home with a knife may have trespassed through another nearby location the night before.




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Brooklyn teen accused of swiping more than $1 million from dozens of victims in cryptocurrency scam

Yousef Selassie, 19, pleaded not guilty to first-degree grand larceny, identity theft and other charges at his Manhattan Supreme Court appearance for the lucrative scheme that operated from January through May this past year.




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Vision uh-oh: Two more pedestrians killed by vehicles in Manhattan and Brooklyn, capping off deadly three days across NYC

The Friday morning deaths capped off a deadly three days across the city.




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Brooklyn assault suspects get welcome reprieve under new reforms: No bail despite alleged violent offenses in separate cases

Two men accused of violent crimes were freed without bail from Brooklyn Criminal Court on Thursday amid growing concern about the state's new bail reform laws.




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Brooklyn subway surfer recovering at hospital after doctors amputate crushed foot

Ulises Rivera, 32, had stitches above his right eye and a blood-soaked sheet wrapped around his right leg at Elmhurst Hospital — but otherwise seemed in healthy condition.




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Pistol-whipping Russian mobster explodes at prosecutor at Brooklyn sentencing: ‘I can’t listen to these lies!’

Aleksey Tsvetkov, 40, blew up while an Assistant U.S. Attorney recited his criminal history during his sentencing hearing in Brooklyn Federal Court on racketeering charges..




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Two NYC Education Dept. employees who shared building with principal who died of coronavirus also hospitalized: sources

Rona Phillips, the principal of KAPPA V High School in Brownsville, is in intensive care with pneumonia, officials said. “Our thoughts are with Principal Phillips and her family for a speedy recovery, and we’ll support the school community in every way we can,” said Education Department spokeswoman Miranda Barbot.




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‘This is for real’: Videos show bodies loaded into trucks outside coronavirus-struck NYC hospitals

Disturbing videos posted online paint a grim picture on how hospitals seem to be struggling to deal with bodies as they battle against the wave of coronavirus patients.




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Manslaughter arrest for woman accused of fatally striking NYC hospital patient for violating coronavirus social distancing

Hospital police initially issued Lundy a disorderly conduct summons after the attack and released her. On Thursday NYPD cops arrested her for manslaughter and assault.