Daily Archives: May 21, 2019


Bloomberg: US May Pay $2 Per Bushel for Soybeans to Help Farmers

The Trump administration is considering payments of $2 per bushel for soybeans, 63 cents per bushel for wheat and 4 cents per bushel for corn as part of a package of up to $20 billion to offset U.S. farmers’ losses from the trade war with China, Bloomberg reported on Tuesday. Caitlin Eannello, spokeswoman for the National Association of Wheat Growers, said that 63 cents per bushel for wheat is the number the organization has been hearing for the next round of U.S. trade aid. “That is the number that we’ve …


Portugal’s Economy Rebounds, Though Problems Persist

The Portuguese economy is resisting the prevailing gloom in Europe. Activity remained strong, with GDP rising by 0.5% in the first quarter, or 1.8% at an annual rate, compared with 1.2% in the euro zone, forecasts Brussels. Following the trend of 2018, Portugal’s good economic health comes mainly from private consumption fueled by rising wages and employment dynamics. The preliminary data, says the national statistics institute, “reflect a significant acceleration in investment.” The government deficit has fallen from 7.2% of GDP to 0.5% of GDP since 2014, and the unemployment rate …


3 Handwritten Wills Found in Aretha Franklin’s Home

Three handwritten wills have been found in the suburban Detroit home of Aretha Franklin, months after the death of the “Queen of Soul,” including one that was discovered under cushions in the living room, a lawyer said Monday.  The latest one is dated March 2014 and appears to give the famous singer’s assets to family members. Some writing is extremely hard to decipher, however, and the four pages have words scratched out and phrases in the margins. Franklin was 76 when she died last August of pancreatic cancer. Lawyers and …