Economics

A man walks through tour buses at a parking lot after schools cancel excursions due to concerns over the spreading of Middle East Respiratory Syndrome in Seoul, South Korea, Thursday, June 25, 2015. South Korea's finance ministry said Thursday that economic growth will slow this year as the outbreak of MERS saps spending and tourism. (AP Photo/Ahn Young-joon)

bigstory.ap.org - by Youkyung Lee - June 25, 2015

SEOUL, South Korea (AP) — South Korea's finance ministry said Thursday that economic growth will slow this year as the outbreak of Middle East respiratory syndrome saps spending and tourism.

The ministry cut its forecast for South Korea's growth to 3.1 percent from 3.8 percent. Asia's fourth-largest economy grew 3.3 percent last year.

The outbreak that began last month is having a bigger effect on South Korea's economy than a deadly ferry disaster last year that plunged the country into mourning.

(READ COMPLETE ARTICLE)

Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

(READ COMPLETE ARTICLE)

VOICE OF AMERICA — by Chris Stein and  Prince Collins  June 11, 2015

DAKAR and  MONROVIA --Burial teams undertook some of the most hazardous work in Liberia’s fight against Ebola. With the West African nation now getting relief from the virus, these men and women say societal stigma is keeping them from getting jobs....

Being unemployed is no small thing in Liberia, which was already recovering from nearly two decades of ruinous civil war before Ebola broke out in 2014.

About two-thirds of Liberians live in poverty, according to the World Bank. Sonny Fayon was unemployed when the outbreak started, he found work on a burial team, but now is out of a job again. Even though he never got sick, no one will hire him, he said.

“We’re not very vulnerable to the Ebola business. We’re well-protected, we wore protective clothing to do the job,” Fayon stated. “So they should accept us. I think we were very careful in doing the work.”
Read complete story.
http://www.voanews.com/content/ebola-stigma-keeps-many-from-work-in-liberia/2816932.html

NATIONAL PUBLIC RADIO by Linda Poon                                                         May 3, 2015

Liberia is nearing a milestone. On May 9, its Ebola outbreak will be officially declared over, assuming no new cases between now and then.

But what happens when an outbreak of Ebola ends?

 

Dr. Peter Piot (left) meets with Sukato Mandzomba, a nurse who contracted Ebola during the 1976 outbreak. Mandzomba now runs a makeshift hospital lab in Yambuku. Courtesy of Dr. Heidi Larson