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Republican senators float compromise $600bn stimulus deal

Republican senators float compromise $600bn stimulus deal

A gaggle of Republican senators has requested to fulfill US president Joe Biden to debate an alternate $600bn Covid-19 aid bundle — a much less bold financial injection which they declare might achieve bipartisan assist.The proposal from the ten-strong group, which incorporates moderates Susan Collins and Mitt Romney, falls far wanting Mr Biden’s personal $1.9tn financial aid bundle. Democrats are contemplating attempting to move that plan by way of a congressional process which might enable them to bypass Republicans, who contemplate it too pricey.“Our proposal displays a lot of your acknowledged priorities, and together with your assist, we consider that…

LunaJets sees a perfect storm for the private jet industry

GENEVA, September 8, 2020 / PRNewswire / - The industry is entering a perfect storm. The private jet market faces unprecedented challenges as the COVID-19 pandemic has exacerbated an already fragile industry. The private jet charter market has fallen by 33.8% in volume year to date and even lower in revenue with Europe makes it worse than America. All charter market segments are affected, but the most affected are the long transcontinental and corporate charter flights. The current wave of new quarantine measures and travel restrictions will have an immediate and devastating effect on the market, predicts LunaJets. The perfect…

Two views on Private Jet Recovery

In the United States, private aviation flights have now risen back to just over 80% of where they were during the summer of 2019, according to Argus. In Europe, August flights were actually 3% ahead of last year's figures, WingX data show. Pent-up requirements, they say. This is incredibly good news, at least compared to the rest of the travel industry. American Hotel & Lodging Associate reports that city hotels in the United States work with 38% occupancy. In Europe, hotel occupancy was 26.5% in July, according to STR data. Can the private jet market sustain its recovery on leisure…

Life insurance sales are moving online, complexity keeps agents in play – InsuranceNewsNet

MINNEAPOLIS - A recent study out of over 100 health / life insurance experts found that 59% of professionals in the industry believe that there is a big step online for consumers in the insurance purchase process for personal products such as life, health and property and casualty insurance. Only 27% said the move was important to companies. The industry believes that consumers are in the middle of a digital first step, while business owners / employers are slower to take turns. Society of Insurance Research (SIR), a private, non-partisan, non-profit group for insurance researchers to link and collaborate with…

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