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COVID-19 and huge public debt are America's two main threats

COVID-19 and huge public debt are America's two main threats

The spread of the coronavirus is another issue the US has faced along with a massive public debt, domestic problems, and the preparation for the election 2020. The COVID-19 outbreak is a serious test for all humanity. The global economy can suffer the most from the negative impact of COVID-19. Moreover, it will take a lot of time and resources for the economy to recover.
12:26 2020-04-01 UTC+00
US can achieve progress in combating COVID-19 by late April

US can achieve progress in combating COVID-19 by late April

COVID-19 is spreading rapidly across the globe. Considerable efforts of international governments are required in order to curb the expansion of the virus. Leaders of all nations wish the pandemic to end as soon as possible. The rapid spread of COVID-19 is a matter of concern to US President Donald Trump.
12:12 2020-04-01 UTC+00
US suffering from corona crisis

US suffering from corona crisis

The US has also joined the battle against coronavirus. Emergency measures include implementation of a curfew and quarantine. Only pharmacies and grocery stores are open. Restaurants, bars, and cafes are closed. They provide only food delivery service. While some industries are getting ready for recession, others may face severe contraction.
11:24 2020-04-01 UTC+00
Apple no longer ultra-expensive company

Apple no longer ultra-expensive company

Apple Inc. is no longer the world’s most valuable company. The US tech giant has left the so-called trillion-dollar club, the group of companies with a market value of $1 trillion and more. The number of regular members of this exclusive club is very few. Depending on the market situation, the same companies get on the list.
10:43 2020-04-01 UTC+00
US economy needs weaker dollar to fight coronavirus

US economy needs weaker dollar to fight coronavirus

The US economy is on the verge of recession. The White House is stepping up pressure on the Federal Reserve to weaken the overvalued US dollar. Lots of countries are taking measures to contain unwanted growth of national currencies. Indeed, a weaker national currency is beneficial to domestic manufacturers.
08:55 2020-03-31 UTC+00
OECD predicts global economy to suffer for years

OECD predicts global economy to suffer for years

The global economy is facing a sharp slowdown amid the rapid spread of COVID-19 causing the collapse of some industries. According to Ángel Gurría, the Secretary-General of the Organisation for Economic Co-operation and Development (OECD), it will take the economic world a couple of years to recover from the coronavirus crisis.
06:38 2020-03-31 UTC+00
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