Overseas Headlines – December 15, 2020

United States:

America’s Economy Faces a Zombie Recovery, Even With Vaccine

“This was supposed to have been a good year for zombies. At least that’s what Kevin Kriess, owner of the Living Dead Museum and Gift Shop in Evans City, Pa., thought. The business, not far from the cemetery where George Romero filmed the 1968 zombie classic Night of the Living Dead, was gearing up for an expansion. Kriess planned to open a second location at a mall a 45-minute drive away, where the sequel Dawn of the Dead was set. “This year was going to be super big for us,” says Kriess, a horror-movie buff turned purveyor of T-shirts, posters, and other memorabilia to obsessed fans of the undead.”



U.K. Job Cuts Hit a Record High as Sunak Delayed Aid Extension

“U.K. job cuts jumped to the highest on record in the three months through October, raising more questions over Chancellor of the Exchequer Rishi Sunak’s refusal to extend job support programs until hours before they expired. Redundancies increased by a record 217,000 in the period, the Office for National Statistics said Tuesday. The number of people on payrolls was 819,000 below pre-pandemic levels in November, with over a third of the fall coming from the hospitality sector.”



Singapore Home Sales Rise Amid Positive Economic Outlook

“Singapore home sales rose in November, following demand from locals betting that prices could rebound next year as the economy recovers from the pandemic. Purchases of new private apartments rose 18% last month to 767, from 645 in October, according to Urban Redevelopment Authority data released Tuesday.”



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