6 January 2021

1) With the ravages of the new coronavirus, Los Angeles County has been so overwhelmed it is running out of oxygen. Arizona now has the nation’s highest rate of coronavirus hospitalizations. In the Atlanta area, nearly every major hospital is almost full, prompting state officials to reopen a field hospital for the third time. This last week, new deaths and cases have increased by more than 20 percent, for a total of more than 355,000 fatalities and 21 million infections. But the toll on hospitals is more critical. Southern California is running low on ICU beds, ventilators and morgue space. But the greatest shortage is oxygen. The sheer number of patients has placed such a strain on oxygen systems that some hospitals are struggling to provide adequate air pressure and flow into patients’ lungs. But expanding the oxygen supply doesn’t solve the problems, because of the volume being pumped, some of the pipes start to freeze up. Also you start running out of oxygen tanks that patients need to be discharged and sent home. As cases increase ICU beds get full, ER gets backed up, ambulances have nowhere to take patients. There’s severe, chronic staffing shortages, while elective surgeries get canceled so the ability to care simply degrades.

2) It is being reported that President Trump privately admits his defeat, but he wants to continue brawling for attention, so Trump has kept up a flurry of activities to pressure other Republicans to aid his effort to block Biden’s presidency. But one factor political pundits are overlooking is the state of the economy that Biden will inherit. Many are expecting the economy to make a strong quick recovery, but with the whole western economies going into massive deep debt, the likelihood of sever economic problems, that are worst than the 2008 downturn, looms large. The chances of Bidens new administration turning things around for America are very, very slim. And when there are economic problems, the President gets blamed even if it’s not his fault, so the new President will soon be in trouble with the people turning against him. Whether by design or accident, the charges of election fraud will most likely become an ‘albatross’ tied around Biden’s neck. For while the people now want to ignored the questions of voter fraud and corruption, as public opinion diminishes, that ‘albatross’ will hang heavy pulling his presidency down.

3) Communist China continues its backslide into a repressive totalitarian regime with the arrest of dozens of Hong Kong democracy activists and opposition politicians for violating the city’s controversial national security law, in what appears to be the largest roundup yet under the China imposed legislation. The Chinese justify the law which bands subversion, terrorism, secession and collusion with foreign forces, but the law has mainly been used against non-violent political opponents and dissidents.

4) Stock market closings for – 5 JAN 21

Dow 30,391.60 up by 167.71
Nasdaq 12,818.96 up by 120.51
S&P 500 3,726.86 up by 26.21

10 Year Yield: up at 0.96%

Oil: up at $49.81

U.S. Presidential Election 2020: TOO CLOSE 2 CALL

By: Economic & Finance Report

The USA Presidential Elections 2020 is in a dead heat, the stakes could not be higher. Only a few states are now the determining factor in deciding the next U.S. President, for the next 4 years. Both candidates, President Donald Trump and former Vice President Joe Biden need 270 electoral college votes to become the president of the United States.

There have been a pendulum of states going back and forth for each candidate, and a few “swing states” will be the determining factor on who becomes the next president of the United States of America. Stay Tuned-SB

Image Credit: ABCNews.com

THE EFR PODCAST EP. #31: #NIGERIADECIDES2019 PRESIDENTIAL & NATIONAL ASSEMBLY ELECTIONS

We’re back for another episode. Sammy BE @EcoFireTV, James, Lyman & Jon Don Sterling “On The Boards” @TheDramaBlock.

The trio had the pleasure to interview Nigeria’s media platform ObjecTvMedia’s Shomade Olwaaegun @Objectvmedia. He was able to describe what was going on the ground, in the recent Presidential/National Assembly elections in Nigeria.

Shomade was able to give a detailed account and opinion on the respective candidates for the Nigerian presidency and what the two major parties APC & PDP were doing to court youth voters, and what INEC was doing to make sure that elections throughout the country was free, fair and credible.

This is a must listen to episode, in its truest form.

As always #BEBless #StayBless #GODBLESS #RealRecognizeDeal

Check Out Our Online Platforms:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos

(EFR.Tv Youtube)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

EFR PODCAST EP. #30: END OF THE YEAR WRAP UP 2018

THE EFR PODCAST: END OF THE YEAR WRAP UP 2018

Wrap up of 2018 episode, Sammy BE (Bizman Bassey), James Lyman & on the boards, magic Jon Don Sterling. The trio discussed topics and issues ranging from economy, business, trade, and a little politics, for the year of 2018.

Sammy and James spoke on the trade policies with China, the new USMCA Trade Agreement between USA, Mexico, & Canada (replacing of NAFTA). Problems that may have handicapped General Motors (GM); Saudi Arabia policy & reporter death of Jamal Khashoggi. The gentlemen ended of the 2018 year speaking of the improving US economy (GDP) and the new Congress (Democratic House, Republican led Senate), that will be entering in January 2019.

This a mouthful that you don’t want to miss, ending of 2018 wrap up episode…. Happy New Year… See You In 2019

As Always #StayBlessed & #BeBlessed #HappyNewYear2019

Website Platforms To Check Out:

1) www.instagram.com/EcoFireTV

2)www.twitter.com/EcoFireTV

3) www.Economic&FinanceReport.com (Economic & Finance Blog Site)

4) www.soundcloud.com/Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube Ch)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

5TH ANNUAL CONFERENCE ON MEDIA & DEMOCRATIC GOVERNANCE

media-govt

By: Economic & Finance Report

5th Annual Conference on Media & Democratic Governance took place @ Rutgers University, in Newark New Jersey, Friday  September 9, 2016. Prominent speakers engaged in discussion about media and how it affects democracies and government, around the world.

The conference was moderated by Dr. Uchenna Ekwo, of Center For Media & Peace Initiatives & Rutgers University professor. Other members on the panel included Ambassador Omer Mohhamed, UN Ambassador for the Republic of Sudan, as well as other speakers.

Check out the video below……-SB