The Daily Populous

Tuesday July 7th, 2020 evening edition

image for Trump administration hands emergency loans to Kanye West and Church of Scientology as small businesses go bust

Kanye West’s clothing line and the Church of Scientology were among billion-dollar brands who used US government loans designed to help businesses survive the Covid-19 pandemic.

The US Small Business Administration (SBA) said on Monday that the billionaire rapper’s Yeezy brand had been cleared to receive $5 million (£4m) under the government’s small-business loan program.

Three Church of Scientology locations in New York, Washington DC and Florida were also cleared to receive loans between $150,000 (£120,000) and $350,000 (£278,000) each.

US Congress passed the Paycheck Protection Program (PPP) in March to secure small loans for businesses and nonprofits with less than 500 workers amid Covid-19 shutdowns.

Almost three months on, the SBA list published on Monday shows that Mr West and other billionaires used the PPP to receive loans.

"The reality is that the Trump administration created a program that helped the well connected cut to the front of the line to get these loans.”.

Treasury secretary Steven T. Mnuchin said on Monday that more than 80 per cent of small business employees had benefited from PPP loans. »

Victoria reimposes coronavirus stage 3 lockdown on metropolitan Melbourne and Mitchell Shire after record rise in cases

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Victoria will reimpose stage three restrictions for six weeks in metropolitan Melbourne and the Mitchell Shire in a bid to slow a rapid spread of coronavirus.

There were 191 new confirmed cases announced on Tuesday, with 37 linked to known outbreaks and the remaining 154 under investigation.

He said the virus had leaked from postcodes already under the stay-at-home orders to other parts of Melbourne. »

The United States is 'looking at' banning TikTok and other Chinese social media apps, Pompeo says

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Hong Kong/Washington (CNN Business) The United States is "looking at" banning Chinese social media apps, including TikTok, Secretary of State Mike Pompeo said Monday.

Pompeo was asked by Ingraham whether the United States should be considering a ban on Chinese social media apps, "especially TikTok.".

"With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right too, Laura," he said. »

Fernando Alonso to return to Formula 1 with Renault in 2021

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Fernando Alonso is set to return to Formula 1 with Renault next year.

The Spanish two-time world champion, who will be 39 later this month, has signed and will be confirmed soon, sources have told BBC Sport.

Alonso will return to the outfit with whom he won his World Championships, and for whom he has already driven twice during his career. »

Brazilian president Jair Bolsonaro tests positive for coronavirus

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The Brazilian president, Jair Bolsonaro, has announced live on television he has tested positive for coronavirus.

“It came back positive,” a mask-wearing Bolsonaro told a hand-picked group of reporters on Tuesday lunchtime outside his official residence.

The 80-year-old grandmother of Brazil’s first lady, Michelle Bolsonaro, was reportedly intubated on Sunday, after being admitted to hospital with coronavirus last Wednesday. »