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US prepares for 18-month pandemic


March, 20 2020
watermark Economic news

The coronavirus pandemic remains the main news of the day. The disease continues to spread, adversely affecting businesses and households around the world. Over the past two weeks, about 15,000 cases of Covid-19 have been reported in the United States. Experts suggest that pandemia may drag on for a year and a half.


The House of Representatives has already received approval for a $500 billion stimulus package to tackle the pandemic. In addition, Republicans today put forward another $1 trillion aid plan in the Senate.

 

Under the new bill, the government will pay monthly support to all Americans during the crisis. Many low-income families in the United States have been particularly affected by the outbreak of coronavirus because they cannot go to work and therefore cannot afford to pay bills or buy medicine.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.