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File downloaded at: 09-30-2022
Rating of file: 8.3 / 10
Size of downloaded file, Mb: 10.88
Author of downloaded file: Xuuter
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Goldman says downturn will be 4 times worse than housing crisis, then an ‘unprecedented’ recovery
The global economic hit from the coronavirus crisis will likely be four times worse than the financial crisis and the U.S. will see its highest unemployment rate since World War II, according to a Goldman Sachs forecast.Read more
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Trump halts US funding for World Health Organization as it conducts coronavirus review
The U.S. will suspend funding to the World Health Organization while it reviews the agency’s response to the Covid-19 pandemic, President Donald Trump announced Tuesday, saying the international health agency made mistakes that “caused so much death” as the coronavirus spread across the globe.Read more
“Today I’m instructing my administration to halt funding of the World Health Organization while a review is conducted to assess the World Health Organization’s role in severely mismanaging and covering up the spread of the coronavirus,” Trump said at a White House press conference.
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The fast-spreading coronavirus has prompted many countries around the world to effectively shut down in order to contain the outbreak.Read more
The draconian measures have placed massive restrictions on the daily lives of hundreds of millions of people, from so-called lockdowns and school closures to strict regulations on social distancing and bans on public gatherings.