Friday, December 27, 2024
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Author Archives: Stonecom Interactive

Texas town struggles with plummeting oil market and coronavirus crisis

In cities like Midland, Texas, which rely on oil fields as their primary source of jobs and revenue, residents are dealing with a double blow from plummeting prices of oil and the economic effects of the coronavirus pandemic. Midland Mayor Patrick Payton said it could be at least two years before the city’s economy could be moving as normal again. Janet Shamlian speaks to a fourth-generation oil field worker about how his family is handling the double-crisis, for our series Financial Fallout. Source

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Health of North Korea’s Kim Jong Un in question

The health of North Korean leader Kim Jong Un is in serious question Tuesday morning after he failed to appear at a major public celebration. Unconfirmed reports say Kim had heart surgery and may be fighting for his life. The last time he was seen in public was April 11, meeting with top advisers. Ramy Inocencio says the world doesn’t know yet if the leader is alive, sick or even dead. Source

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Coronavirus cases found in at least 17 meat processing plants across U.S.

Coronavirus infections in at least 17 meat processing plants across nine states are contributing to a spike in confirmed cases in the Midwest. Although 13 plants are already closed temporarily or operating at reduced capacity, Iowa Governor Kim Reynolds says shutting down plants would hurt farmers and the national food supply. Adriana Diaz looks at the effect the pandemic has had on some of these facilities. Source

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California Governor Gavin Newsom on lockdown protests, state of pandemic

California Governor Gavin Newsom said it was “unrealistic” to think life as we knew it before the coronavirus pandemic would be back to normal anytime soon. He said he empathized with the frustration of state residents who are protesting his stay-at-home order, but urged them to think of their loved ones and others amid their fatigue with the precautions. He speaks to Tony Dokoupil in an exclusive interview on how the pandemic is playing out in his state. Source

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Trump plans temporary immigration ban over coronavirus

President Trump announced that he was temporarily suspending immigration to the U.S. in a Monday night tweet. Mr. Trump cited the “invisible enemy” of the coronavirus and the need to protect jobs, although the U.S. has the most reported cases in the world by far. Weijia Jiang breaks down what the ban may entail and what questions are still left after the president’s surprise announcement. Source

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