Donald Trump and Narendra Modi are kindred politicians. Here’s a compilation of the absurdities uttered by these powerful men in the wake of the COVID-19 catastrophe, along with the unveiled, un-warped truths.
Unemployment rate has reduced since March but there is a new aspect of problem that deserves attention- prolonged unemployment.
Fiscal year 2020 has been a rough economic ride for the country, reason being the disparity between the nation’s spending, amounting to $6.55 trillion and its borrowings which are valued at $3.42 trillion.
Far from regaining any momentum, non-essential businesses in cities around the world are facing the prospect of shutting down again due to second waves of coronavirus outbreak.
After the relaxation of the lockdown norms by states triggered optimism and an early uptick in activity, the momentum has since been fading away as the US economy enters Q4 2020.
In the dystopian future envisaged by George Orwell in his novel 1984, the government dictated all aspects of the lives of its citizens.
Till recently, the former VP Joe Biden looked less than capable of defeating Donald Trump in the 2020 election but after COVID-19 struck, the equations have changed fast. It is because America suddenly has started believing that a traditional politician will be more than helpful in tackling the crisis than a publicity-hungry one, Dkoding.in analyzes.
The global recession induced by the coronavirus outbreak due to the shutdown of businesses, states, and cities, is unfathomable. Experts even suggest that the US might be in for a very grave time with its economy worse than the time after the Great Depression.
Top 7 Women Joe Biden Might Choose As His Vice President Candidate For The Upcoming 2020 US Elections
A whopping 17 million people have filed for US unemployment benefits in the last three weeks. The shutdown due to the coronavirus outbreak has put the state labor department in a bind while creating a massive depression in the economy of the country.