ECB Policy Clash, Central Banks’ Wild Year, U.S. Jobs: Eco Day

(Bloomberg) — Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day and week:

Loading...

Load Error

European Central Bank officials are lining up in a policy clash over whether to add monetary support soon to head off any economic slowdown, or wait for stronger evidence that it’s neededThe ECB should keep up significant monetary stimulus, Governing Council member Pablo Hernandez de Cos saidThe U.K. and European Union are starting a key week of Brexit talks, with the bloc stiffening its demands over how any trade deal will be enforced after losing trust in Boris Johnson because of his attempt to rewrite last year’s divorce agreementCentral bankers who used to help bail out financial institutions in crisis have given almost $9 trillion this year to a motley crew amid the pandemicChina’s central bankers may need to pump more than 1 trillion yuan

Read More

Upstate town’s heritage and 700 jobs await day in bankruptcy court

ILION — Founded in 1816, the Remington plant here is said to be the oldest gun factory in the U.S. and one of the oldest major employers in the Mohawk Valley.

Now, though, people are hoping it isn’t the last.

More than 700 people could be out of work within a month if a buyer isn’t found for the bankrupt Remington Outdoor gun manufacturer, which operates here.

Groaning under years of accumulated buyout debt, facing lawsuits from families of the 2012 Sandy Hook Elementary School massacre and hobbled by parts shortages brought on by the COVID-19 pandemic, the company in July filed for Chapter 11 reorganization bankruptcy.

Remington is seeking a buyer but no one has definitively stepped forward, according to company officials.

So now, people in this historic Mohawk Valley community are watching, waiting, and hoping for the best.

If the plant shuts down, it would be

Read More

On the first International Day to Protect Education from Attack, UN urges Nigeria to prioritise school safety, learners’ protection – Nigeria

ABUJA, 9 September 2020 – The United Nations in Nigeria today said safeguarding education from attack is urgently needed to restore confidence in schools as places of protection for children and teachers. This is particularly pressing in light of COVID-19, which affected 46 million primary and secondary learners across Nigeria due to pandemic-related school closures. “As State Governments plan to reopen schools after prolonged closures, building a resilient education system to withstand future shocks should be included in pandemic response plans,” said the UN Resident and Humanitarian Coordinator, Mr Edward Kallon.

He noted that prioritising safety in schools for educators and learners is an indication of the Government’s commitment to protecting investments in the education sector and a validation of Nigeria’s endorsement of the Safe Schools Declaration.

While the world marks the first-ever International Day to Protect Education from Attack under the theme “Protect Education, Save a Generation” more than

Read More

‘I thank further education every day for helping me get to this point’

The teenage years were a struggle. We moved from Dublin to Athy in Co Kildare when I was 13, and it was a real culture shock for me. I experienced bullying in school, and I ended up falling in with the wrong crowd. I could not settle in school. I was battling anxiety. At times I felt like I was drowning.

One day I stood in the kitchen with my mam and she told me that my mental health was more important than education. I promised one day I would return to education but, being honest, I didn’t know if that was true. 

Legally, because I was so young, I was still required to be engaged in some form of education. At that time Youthreach was the only real option for me and the fact that I had friends there made it more appealing.

My confidence was on the floor;

Read More

Amazon Announces Career Day 2020: 33,000 Corporate and Tech Jobs Open Across the U.S., plus 20,000 Free Career Coaching Sessions Available for Attendees

SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) today announced it will host its 2020 Career Day on Wednesday, September16. As a part of the nationwide virtual event, Amazon – the largest job creator in the U.S. over the last decade – will give attendees the opportunity to learn about the 33,000 corporate and tech jobs currently available across the country, and the thousands of additional hourly positions in the company’s operations network to be announced soon. Amazon will also mobilize 1,000 of its recruiters to provide 20,000 career coaching sessions to attendees in a single day. Anyone can participate in Career Day 2020 by going to amazon.jobs/careerday to register and book an appointment with an Amazon recruiter.

With many people left unemployed by the economic impact of COVID-19 and searching for new jobs, Career Day is designed to support all job seekers, regardless of their level of experience, professional field,

Read More

A dozen Bay Area school districts are asking for funding on election day

More than a dozen Bay Area school districts will have their hands out this election day, asking voters to pay more in property taxes to fund facilities or, in some cases, to keep paying salaries.



a young boy using a laptop computer sitting on top of a table


© Michael Short / Special To The Chronicle


The parcel tax and bond measures range from a property tax increase of $72 in one low-income San Jose community to an extension of an $836 parcel tax in wealthy Palo Alto.

In San Francisco, district officials are hoping two-thirds of city residents will support Proposition J, a $288 parcel tax that would generate about $48 million per year, with the money primarily going toward teacher raises and other benefits, to help retain and attract educators, officials said.

The measure is something of a redo, a parcel tax similar to the one nearly 61% of voters approved in 2018, which has since been caught up in

Read More

Domestic Tourism Campaigns Support Travel Recovery, Safeguard Jobs; FINN Partners Travel + Lifestyle Releases Global Report Ahead of World Tourism Day

NEW YORK, Sept. 26, 2020 /PRNewswire/ — Ahead of World Tourism Day on September 27, global agency FINN Partners has released a new report – Domestic Tourism – Recovery Starts at Home. The report highlights 25 of the world’s most innovative and creative campaigns that showcase how domestic tourism is helping destinations recover until international travel returns.

As travel restrictions around the world remain in flux, the impact of the global pandemic on tourism and hospitality continues to weigh heavy. Domestic tourism is returning faster than international tourism and is proving to be the critical lifeline for the global travel industry’s recovery.

Domestic Tourism – Recovery Starts at Home features domestic tourism initiatives from around the globe including: Destination New South Wales’ ‘Sydney Playcation’ campaign, France’s #CetÉtéJeVisiteLaFrance (this summer I am visiting France) incentive, Hong Kong’s ‘Holiday at Home’ initiative, Italy’s Bonus Vacanze (Holiday Bonus), Malta’s voucher

Read More

The Day – Compromise reached over magnet school funding for Groton, Norwich and LEARN

The U.S. Department of Education has reached a compromise with Groton Public Schools, along with other school districts and educational entities at risk of losing federal magnet school funding over Connecticut’s transgender athlete policy, to leave the funds intact, Groton Superintendent Michael Graner said.

The recipients agreed to special conditions that will allow them to continue to participate in the federal Magnet School Assistance Program, according to the department.

The department’s Office for Civil Rights had told Groton Public Schools earlier that its federal magnet school funding, used for Groton Middle School, was in jeopardy over the state’s policy that allows transgender athletes to compete in sports under the gender with which they identify, school officials said. The federal government ruled that the policy violated Title IX, a federal civil rights law.

The Connecticut Interscholastic Athletic Conference, in a policy dating back to 2013, determined “that it would be fundamentally

Read More

Protecting education from attack during COVID-19: a new day, a new call to action – World

‘Sadiq’ is 15 years old and from Sinjar district in northwest Iraq. He cannot write his own name.

Sadiq’s education has been successively destroyed by war, displacement, and now, COVID-19.

Sadiq should be in 9th grade, but for three years, beginning in 2014, his hometown was ruled by the group known as Islamic State. The armed group not only prohibited formal secular education in areas they controlled, but also attacked schools and used them for military purposes, such as for bases or weapons storage, in contrast to Islamic law’s general emphasis on the importance of education.

His family, who are Arab, fled Sinjar in 2017 and Sadiq then spent more than a year in a camp for internally displaced people. The camp had no education opportunities for him either. Finally, in 2019, Sadiq and his family were able to return to their hometown, but it took three more months for

Read More

Colorado Free Application Day aims to improve access to higher education, training | Colorado Springs News

All 32 public higher education institutions in Colorado will waive their application fees for in-state residents Tuesday, saving incoming freshmen and transfer students some hard-earned cash.

The Colorado Department of Higher Education’s third Colorado Free Application Day aims to improve access to higher education and training, the department said in a news release Thursday.

Students can fill out one or more admissions applications to institutions across the state, including public technical schools, community colleges and universities. The CDHE has posted on its website admissions application and fee waiver information for each college and university that will allow students to apply for free on Tuesday only.

The day caps off Colorado Applies Month, a five-week statewide program that encourages high school juniors and seniors, and adults, to select an education or training option best for them, and apply to that program, according to the release.

“Earning a certificate or degree gives

Read More