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uscapitol 100318 27mar20 Despite some last-minute drama, the House voted Friday to approve a massive $2 trillion stimulus bill designed to respond to the economic fallout from the coronavirus pandemic. The House eventually voted to approve the legislation by a voice vote, overcoming an objection by Republican Congressman Thomas Massie of Kentucky.

g20 march27 G-20 nations announced a $5 trillion stimulus package to spur global economic recovery from the effects of coronavirus. The Extraordinary G20 Leaders' Summit was held though conference call Thursday. "We are injecting over $5 trillion into the global economy, as part of targeted fiscal policy,...

borisjohnson covid 032720 Britain's Prime Minister Boris Johnson has tested positive for coronavirus with mild symptoms. The news was revealed by Johnson himself on Twitter on Friday. "I am now self-isolating, but I will continue to lead the government's response via video-conference as we fight this virus," he tweeted. BBC quoted No. 10 as saying that if the Prime Minister couldn't work, Foreign Secretary Dominic Raab w

chinaus march27 On Thursday, the United States reported more deaths from Covid-19 than ever before - 246 - and overtook China in the number of confirmed infections. With 85,755 people tested positive, the situation in the U.S. has become worse than that of China (81,782 cases) and Italy (80,589), according to the latest data released by Johns Hopkins University. With 1,304 deaths, the United States currently st

china march27 In view of the rapid spread of COVID-19 across the world, China has suspended the entry of all foreign visitors to the country, including for those who have visas or residence permits. Entry by foreign nationals with APEC Business Travel Cards will be temporarily banned as well. The Chinese government took this extreme precautionary measure in the wake of reports that most of the new cases of i

pentagon march26 The first case of COVID-19 has been reported at the Pentagon. A U.S. Marine stationed at the Pentagon tested positive for coronavirus on Tuesday, the U.S. Defense Department said in a statement. It did not disclose the identity of the Marine, who is in isolation at his home and will undergo further assessment by health professionals. His last day in the Pentagon was March 13. "The Marine foll

coronavirus march26 Coronavirus is raging at an alarming speed in the United States with the death toll surpassing 1,000, and nearly 70,000 people infected with the virus. There are warnings that the country's health system could collapse under a wave of patients. COVID-19 has spread to every state in the country. The country is just behind Italy and China in the number of confirmed cases, with more than 68,500 peo

senatewhitehouse1 march26 Senate passed a $2 trillion fiscal stimulus package intended to provide economic relief during the ongoing coronavirus pandemic. The Republican-majority Senate unanimously approved the measure with all 96 members present voting in favor late Wednesday. The Bill is expected to pass through the House on Friday, and President Donald Trump said he won't delay signing the fast-tracked bill once it pas

capitol building 110618 25mar20 After days of intense negotiations, Senate leaders and White House officials have finally reached an agreement on a $2 trillion fiscal stimulus package intended to provide economic relief during the ongoing coronavirus pandemic.

drugban march25 The Government of India has banned the export of anti-malarial drug hydroxychloroquine, which is touted as effective in the treatment of the coronavirus. "The export of Hydroxychloroquine and formulations made from Hydroxychloroquine are prohibited from immediate effect," a notification issued by the Commerce Ministry on Wednesday says. However, exemption to this ban will be given to exports fro

prince charles covid19 032520 Prince Charles has tested positive for Coronavirus. The Clarence House has announced that the 71-year-old Prince of Wales is experiencing mild symptoms of the disease "but otherwise remains in good health." His wife Camilla, the Duchess of Cornwall who is a year elder to Charles, is not infected. Both of them are now self-isolating at Balmoral. A spokeman was quoted as saying Prince Charles, wh

corona march25 President Donald Trump has said that he hopes the United States will shake off coronavirus by Easter, terming it as "a beautiful timeline." Addressing a White House news conference Tuesday, he warned that if the country continues to lock down without business, it could suffer "a massive recession or depression." "You're going to have suicides by the thousands. You're going to have instability,"

covid march25 As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the United Nation's labor agency released projections of the impact of the deadly disease. The economic and labor crisis created by the coronavirus outbreak could increase global unemployment by almost 25 million, according to a new assessment by the International Labor Organization (ILO). It may b

businesses march23 To support small business owners economically affected by the coronavirus outbreak, President Donald Trump signed a legislation under which low-interest disaster loans will be disbursed to them. The Small Business Administration (SBA) has streamlined the application process for these loans, offering up to $2 million for each affected small business. The Economic Injury Disaster Loans offer econo

cruiseship march23 Coronavirus traces were found on Diamond Princess cruise ship up to 17 days after passengers left, the U.S. Centers for Disease Control and Prevention or CDC reported. The agency, however, added that it was not able to determine whether transmission occurred from contaminated surfaces. In a study...

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