Governments are pumping trillions into their economies. But some people could still be left out
4 years, 9 months ago

Governments are pumping trillions into their economies. But some people could still be left out

CNN  

CNN — As the coronavirus pandemic freezes populations in lockdown and pushes the world towards recession, a number of major governments have unveiled unprecedented stimulus packages. But “there are clearly people that are left out” from many of the bill’s contents, Elise Gould, a senior economist at the Washington DC-based Economic Policy Institute, told CNN. The American Hotel & Lodging Association on Wednesday urged government assistance for hotels, saying that industry is facing a crisis “already more severe than anything we’ve seen before.” United Kingdom Even before the pandemic paralyzed Europe, signs were emerging that Boris Johnson’s government was moving away from the decade of austerity and tightened public spending that his Conservative Party has become known for. Spain Spain’s Prime Minister Pedro Sanchez said his government will “spare no expense” in its economic response to the crisis, promising to leave no citizen behind. On Tuesday, he unveiled a €200 billion aid package, which he said amounted to about 20% of the country’s GDP and marked “the biggest mobilization of economic resources in Spain’s history.” Alongside a moratorium on mortgage payments for homeowners, some of the measures targeted those in insecure situations: Self-employed workers were given easier access to unemployment benefits, and €600 billion was earmarked to provide aid to vulnerable groups.

Europe France Spain Coronavirus Payments Economic Workers Pay Senate French Cnn Johnson Billion Told Measures Package Gould Talavera Pumping Trillions  left  workers  told  governments  pay  payments  economic  coronavirus  economies  pumping  trillions  measures  package  unveiled  billion

History of this topic

How raising the nation’s debt limit could reduce spending of some coronavirus relief funds
1 year, 7 months ago

How raising the nation’s debt limit could reduce spending of some coronavirus relief funds

Associated Press  

With the pandemic officially over, leftover coronavirus relief money for vaccines, public health initiatives and other programs has become a target as negotiators try to reach a budget deal to raise the nation’s debt limit. HOW MUCH IS AT STAKE The Congressional Budget Office estimates that halting the use of unobligated pandemic relief funds would result in a net spending …

Opinion: ‘Unprecedented by most measures’: Calculating the astonishing economic costs of COVID
1 year, 7 months ago

Opinion: ‘Unprecedented by most measures’: Calculating the astonishing economic costs of COVID

LA Times  

The economic toll of the COVID-19 pandemic in the United States will reach $14 trillion by the end of this year, our team of economists, public policy researchers and other experts estimate. We used data from the first 2½ years of the pandemic to forecast total economic losses from the pandemic over four years, from January 2020 through December 2023. …

Coronavirus pushed up health spending by €466 per person in 2021
2 years, 6 months ago

Coronavirus pushed up health spending by €466 per person in 2021

Dutch News  

Healthcare spending went up by €466 per person in 2021, largely as a result of coronavirus-related costs such as testing and vaccination. The statistics agency CBS said spending was 7.6% higher than in 2020, when the costs went up by 8.3% or €475 per person compared to 2019. The 2020 increases were mainly due to the €2.1 billion healthcare bonus …

Coronavirus pushed up health spending by €466 per person in 2021
2 years, 6 months ago

Coronavirus pushed up health spending by €466 per person in 2021

Dutch News  

Healthcare spending went up by €466 per person in 2021, largely as a result of coronavirus-related costs such as testing and vaccination. The statistics agency CBS said spending was 7.6% higher than in 2020, when the costs went up by 8.3% or €475 per person compared to 2019. The 2020 increases were mainly due to the €2.1 billion healthcare bonus …

Experts say U.S. suspension of COVID aid will prolong pandemic
2 years, 9 months ago

Experts say U.S. suspension of COVID aid will prolong pandemic

LA Times  

In the latest Senate package targeted at stopping the coronavirus, U.S. lawmakers dropped nearly all funding for curbing the virus beyond American borders — a move many health experts slammed as dangerously short-sighted. He said Uganda has leaned heavily on donor help — it received more than 11 million vaccines from the U.S. — and that any cuts “would make …

Biden’s $1.9-trillion relief plan: Major victory gets mixed one-year reviews
2 years, 9 months ago

Biden’s $1.9-trillion relief plan: Major victory gets mixed one-year reviews

LA Times  

President Biden speaks before signing the $1.9-trillion American Rescue Plan in the Oval Office on March 11, 2021. Friday was the anniversary of Biden’s signing of the American Rescue Plan, and the second anniversary of the World Health Organization’s declaration that COVID-19 had become a global pandemic. Rep. Pramila Jayapal said she had no regrets about any inflation that the …

US pledges $580m to international COVID fight amid Omicron spread
3 years ago

US pledges $580m to international COVID fight amid Omicron spread

Al Jazeera  

The announcement comes as the Biden administration released a raft of measures aimed at ramping up domestic response. US Secretary of State Antony Blinken made the announcement on Tuesday, shortly before he said he is set to meet his counterparts from other countries to discuss global cooperation in responding to Omicron, which officials say has already become the dominant strain …

Boris Johnson is warned that Covid 'Plan B' would cost economy £18billion
3 years, 2 months ago

Boris Johnson is warned that Covid 'Plan B' would cost economy £18billion

Daily Mail  

Switching to 'Plan B' to curb coronavirus could cost the economy up to £18billion this winter, according to internal government documents. It comes amid an escalating row about how the epidemic will unfold in the coming months and whether compulsory face masks, working from home and vaccine passports are necessary. Sajid Javid, the Health Secretary, has promised a 'normal Christmas' …

As rich-poor divide widens between nations, UN urges reform
3 years, 3 months ago

As rich-poor divide widens between nations, UN urges reform

Al Jazeera  

Developing countries could shoulder most of the cost of the coronavirus crisis, a new report from the UN warns. “The danger of a lost decade ahead remains a very real one,” Richard Kozul-Wright, UNCTAD’s director of globalisation and development strategies, told Al Jazeera. “And so far, the discussion of reform of the multilateral system, along the lines that followed the …

Billions spent on coronavirus fight, but what happens next?
3 years, 8 months ago

Billions spent on coronavirus fight, but what happens next?

Associated Press  

Congress has poured tens of billions of dollars into state and local public health departments in response to the coronavirus pandemic, paying for masks, contact tracers and education campaigns to persuade people to get vaccinated. Congress eventually allocated $1.1 billion for Zika, but by then, mosquito season had passed in much of the U.S. “Something happens, we throw a ton …

House sends $1.9-trillion COVID-19 economic relief bill to Biden’s desk
3 years, 10 months ago

House sends $1.9-trillion COVID-19 economic relief bill to Biden’s desk

LA Times  

The House passed a $1.9-trillion COVID-19 economic aid package Wednesday, sending to President Biden a sweeping measure that includes not only pandemic-related $1,400 checks and expanded unemployment benefits, but also the biggest expansion of Obamacare and hefty new tax credits to combat child poverty. The House passed a $1.9-trillion COVID-19 economic aid package Wednesday, sending to President Biden a sweeping …

Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle
3 years, 10 months ago

Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle

The Hindu  

The U.S. Senate on Saturday voted to approve a $1.9 trillion relief package that President Joe Biden vows will revive the country's pandemic-stricken economy, capping hours of debate, frenzied negotiations and a marathon overnight voting session. "I promised the American people help was on the way," said Mr. Biden in an address from the White House, after the plan was …

Republicans urge Biden to scale down $1.9 trillion COVID relief
3 years, 11 months ago

Republicans urge Biden to scale down $1.9 trillion COVID relief

Al Jazeera  

Ten Republicans in the United States Senate have offered a counterproposal to President Joe Biden’s $1.9 trillion coronavirus relief bill, saying a scaled-down version of the aid package would garner bipartisan support in Congress. The lawmakers asked to meet with Biden in the coming days, adding: “Our proposal reflects many of your stated priorities, and with your support, we believe …

The Latest: Germany passes 2 million mark for COVID cases
3 years, 11 months ago

The Latest: Germany passes 2 million mark for COVID cases

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. — President-elect Joe Biden says …

Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy
3 years, 11 months ago

Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy

The Hindu  

US President-elect Joe Biden has announced a USD 1.9 trillion coronavirus relief package to tackle the economic fallout from the pandemic, including direct financial aid to average Americans, support to businesses and to provide a boost to the national vaccination programme. The relief package, announced on Thursday, includes USD 415 billion focused on combating the COVID-19 pandemic, over USD 1 …

'We Cannot Afford Inaction': Biden Unveils $1.9 Trillion COVID-19 Relief Plan
3 years, 11 months ago

'We Cannot Afford Inaction': Biden Unveils $1.9 Trillion COVID-19 Relief Plan

NPR  

'We Cannot Afford Inaction': Biden Unveils $1.9 Trillion COVID-19 Relief Plan Enlarge this image toggle caption Matt Slocum/AP Matt Slocum/AP Updated at 8:37 p.m. President-elect Joe Biden outlined his plans for economic relief from the coronavirus crisis on Thursday, citing the need for a more robust vaccination plan as well as for additional direct payments to American families to help …

Donald Trump signs $US2.3 trillion coronavirus relief and government funding bill
4 years ago

Donald Trump signs $US2.3 trillion coronavirus relief and government funding bill

ABC  

US President Donald Trump has signed into law a $US2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a partial federal government shutdown. Key points: The package includes $US900 billion in pandemic relief and $US1.4 trillion to fund Government agencies through to September It had already been passed by both the House and …

US House passes $900 billion Covid relief package
4 years ago

US House passes $900 billion Covid relief package

Live Mint  

The House easily passed a USD 900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths. Lawmakers tacked on a USD 1.4 trillion catchall spending bill and thousands of pages of other end-of-session business in a massive bundle …

US Congress passes $892bn in COVID relief measures
4 years ago

US Congress passes $892bn in COVID relief measures

Al Jazeera  

The bill provides $3.36bn for vaccine alliance GAVI, which issues the vaccines to people in low-income countries. The COVID-19 relief bill provides $284bn for loans to small business to keep workers employed and $166bn for $600 one-time payments to most US citizens among other measures. House Speaker Nancy Pelosi, the top Democrat in the US Congress, called the bill “a …

US Congress seals deal to provide $900bn in COVID aid
4 years ago

US Congress seals deal to provide $900bn in COVID aid

Al Jazeera  

Long-awaited deal would give $600 direct payments to individuals and boost unemployment payments by $300 a week. The Senate’s top Republican and Democrat said on Sunday they had reached an agreement on a nearly $900bn package, a deal that would be the second-largest economic stimulus in US history, following a $2.3 trillion aid bill passed in March. “Anyone who thinks …

Covid-19 to Cost $11.5 Trillion to Global Economy, Countries to Lose $5 Trillion in GDP: Study
4 years, 1 month ago

Covid-19 to Cost $11.5 Trillion to Global Economy, Countries to Lose $5 Trillion in GDP: Study

News 18  

The coronavirus pandemic is estimated to cost the global economy a whooping 11.5 trillion dollars including $5 trillion to $5.6 trillion in GDP, a study collated by experts from medicine, economics, environment and conservation shows. “The world may lose at least 5 trillion dollars in GDP in 2020, and the willingness to pay for the live lost constitutes many additional …

Economic impact of coronavirus will hit next year, experts say
4 years, 1 month ago

Economic impact of coronavirus will hit next year, experts say

Dutch News  

Despite the slight drop in the unemployment rate this week, and signs of a speedier economic recovery from the coronavirus crisis, the big hit will be felt in the second quarter of next year, according to experts. In total, 102 banking, legal and investment experts took part in a survey on the likely impact of the crisis carried out by …

Exclusive: David Cameron and Tony Blair warn against proposed cut to foreign aid budget
4 years, 1 month ago

Exclusive: David Cameron and Tony Blair warn against proposed cut to foreign aid budget

The Telegraph  

David Cameron and Tony Blair have warned Boris Johnson that he risks undermining his own presidency of the G7 next year if he cuts foreign aid spending. In a joint statement to The Telegraph, the former Prime Ministers said a proposed 0.2 per cent cut to the £15 billion international development budget to pay for coronavirus costs would jeopardise Britain's …

Global economic bailout is running at $19.5 trillion. It will go higher
4 years, 1 month ago

Global economic bailout is running at $19.5 trillion. It will go higher

CNN  

London CNN Business — Governments and central banks have promised to shell out $19.5 trillion since the coronavirus erupted to “put a floor under the world economy,” according to the International Monetary Fund. While coronavirus vaccine candidates point to improved prospects for the global economy next year, they won’t help countries much in the immediate future. In the United States, …

India announces $35 billion economic stimulus package
4 years, 1 month ago

India announces $35 billion economic stimulus package

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s finance minister on Thursday …

A Lost Decade: Decoding the cost of Covid-19 pandemic
4 years, 2 months ago

A Lost Decade: Decoding the cost of Covid-19 pandemic

India Today  

A decade after facing the worst financial crisis since the Great Depression in the 1930s, the world has again stumbled upon an unprecedented economic challenge due to a microscopic virus. Citing International Labour Organisation estimates, the UNCTAD report indicated that the pandemic has put jobs of more than 500 million people in jeopardy, mainly in the developing world. In what …

Government borrowing has hit £208billion in six months of coronavirus crisis
4 years, 2 months ago

Government borrowing has hit £208billion in six months of coronavirus crisis

Daily Mail  

The government has borrowed more than £208billion over six months to manage the crippling economic effects of the coronavirus crisis. National debt hit £2.06trillion at the end of last month, equivalent to 103.5 per cent of the size of the whole economy. There have been predictions that the situation will get even tougher as millions face unemployment as the economy …

Government borrows more than a billion pounds PER DAY during coronavirus crisis
4 years, 2 months ago

Government borrows more than a billion pounds PER DAY during coronavirus crisis

Daily Mail  

The crippling impact of coronavirus on the public finances was laid bare today after new figures showed the government borrowed more than £208billion over six months. Another £36.1billion was borrowed in September - the third-highest month on record and compared to just £7billion a year ago - as tax revenues slumped and the Treasury poured out bailout money. Another £36.1billion …

Federal Budget 2020 reveals Australia headed to record debt of almost $1 trillion
4 years, 3 months ago

Federal Budget 2020 reveals Australia headed to record debt of almost $1 trillion

ABC  

Billions of dollars in fast-tracked tax cuts and younger worker wage subsidies underline the Federal Government's budget recovery pitch, as Australia's recession sends debt and deficits to record levels. Key points: Debt and deficits are set to hit record highs as coronavirus savages the economy Debt and deficits are set to hit record highs as coronavirus savages the economy Businesses …

Boris Johnson urges world leaders to unite against COVID-19.
4 years, 3 months ago

Boris Johnson urges world leaders to unite against COVID-19.

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy British Prime Minister Boris Johnson …

World economy: What else could go wrong before 2020 is done
4 years, 4 months ago

World economy: What else could go wrong before 2020 is done

Live Mint  

The world economy’s rebound from the depths of the coronavirus crisis is fading, setting up an uncertain finish to the year. Adding 1.4 million jobs in August was “a big step in the right direction,” said Ryan Sweet, head of monetary policy research at Moody’s Analytics. But the economy needs to maintain that kind of pace, he said, and “without …

Stage 4 coronavirus restrictions in Melbourne could cost the economy $9 billion, Scott Morrison says
4 years, 5 months ago

Stage 4 coronavirus restrictions in Melbourne could cost the economy $9 billion, Scott Morrison says

ABC  

The newest measures in Victoria's harsh coronavirus restrictions could rip close to $10 billion out of the nation's economy in a matter of weeks, Prime Minister Scott Morrison says. Key points: The total cost of Victoria's lockdowns this quarter is estimated to be as high as $12 billion The total cost of Victoria's lockdowns this quarter is estimated to be …

Summertime sadness: Resurgent coronavirus dims economic recovery hopes
4 years, 5 months ago

Summertime sadness: Resurgent coronavirus dims economic recovery hopes

Live Mint  

The virus is the summer house guest from hell. If you add that all up together it’s not a pretty picture.” At the same time, as governments face new flare-ups and reimpose full or partial lockdowns, the prospects for a brisk global economic rebound later in the year have dimmed, according to economists and executives. While the virus-stricken world is …

Fed chief says coronavirus surge starting to dent U.S. economic recovery
4 years, 5 months ago

Fed chief says coronavirus surge starting to dent U.S. economic recovery

The Hindu  

The surge in U.S. coronavirus cases and the restrictions aimed at containing it have begun to weigh on the economic recovery, the head of the Federal Reserve said on Wednesday, pointing to an apparent pullback by consumers and a slowdown in the rehiring of furloughed workers, particularly by small businesses. “We have seen some signs in recent weeks that the …

Fed says US economic recovery will be closely linked to course of coronavirus
4 years, 5 months ago

Fed says US economic recovery will be closely linked to course of coronavirus

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The fate of the US economy is “deeply and significantly” …

Rising coronavirus infections threaten US economic recovery
4 years, 5 months ago

Rising coronavirus infections threaten US economic recovery

Associated Press  

BALTIMORE — Rising coronavirus infections across dozens of states are threatening the U.S. economic recovery, forcing businesses and consumers to freeze spending and keeping the unemployment rate stubbornly high. A separate report showed that more than a million Americans sought unemployment benefits last week – a sign that companies continue to cut jobs as the virus slashes through the heavily …

Coronavirus | Global fundraising meeting raises $6.9 bln, leaders want vaccine for all
4 years, 6 months ago

Coronavirus | Global fundraising meeting raises $6.9 bln, leaders want vaccine for all

The Hindu  

A global fundraising meeting on Saturday raised 6.15 billion euros from the United States, the European Commission and numerous countries to fight COVID-19, with many participants stressing that an eventual vaccine should be available to anyone who needs it. The pledging summit, part of a joint initiative by the EU executive and advocacy group Global Citizen, also included a globally …

Coronavirus: Boris Johnson promises pandemic will not lead to return of austerity
4 years, 6 months ago

Coronavirus: Boris Johnson promises pandemic will not lead to return of austerity

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The announcement sets the scene for massive additional borrowing to fund lavish building projects, at …

Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan
4 years, 7 months ago

Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan

Firstpost  

Former Reserve Bank Governor Bimal Jalan on Thursday described the initiatives taken by the government to mitigate the impact of COVID-19 as “very positive” and hoped that these would help in containing the decline in growth New Delhi: Former Reserve Bank Governor Bimal Jalan on Thursday described the initiatives taken by the government to mitigate the impact of COVID-19 as …

European Union unveils $824bn coronavirus recovery plan
4 years, 7 months ago

European Union unveils $824bn coronavirus recovery plan

Al Jazeera  

Package seeks to avoid a further splintering of economic growth and wealth levels among EU’s 27 member states. The European Commission on Wednesday released details of a coronavirus economic relief package for member countries worth 750 billion euros. The blueprint envisions borrowing the funds and disbursing them as grants and loans to member states, with the lion’s share of aid …

Uneven economic relief of Covid response aid under scrutiny
4 years, 7 months ago

Uneven economic relief of Covid response aid under scrutiny

CNN  

CNN — Staggering job losses. The economic side of the ongoing public health crisis will go under the microscope Tuesday morning as the two primary architects of that response testify on Capitol Hill: Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell. Those issues – from the massive small business emergency lending program, to funding for state and local …

Govt's relief package unlikely to soften coronavirus blow; demand equation missing
4 years, 7 months ago

Govt's relief package unlikely to soften coronavirus blow; demand equation missing

India Today  

India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from collapsing, business leaders and economists say. “We are creating all sorts of liquidity for supply, but what about the demand,” said Kiran Mazumdar Shaw, chairperson of Biocon Limited, one of …

Coronavirus Outbreak: Govt’s economic stimulus package won't stop GDP from contracting in FY21, say analysts
4 years, 7 months ago

Coronavirus Outbreak: Govt’s economic stimulus package won't stop GDP from contracting in FY21, say analysts

Firstpost  

The government’s reform moves and stimulus package will only help the deeply-impacted growth process in the medium term of over three years and will not push up the GDP in the short term, analysts at two foreign brokerages said on Monday Mumbai: The government’s reform moves and stimulus package will only help the deeply-impacted growth process in the medium term …

Coronavirus lockdown | Fifth tranche of economic package focusses on reforms, says Nirmala Sitharaman
4 years, 7 months ago

Coronavirus lockdown | Fifth tranche of economic package focusses on reforms, says Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on Sunday said reforms will be the focus of the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. “Further, 0.50 per cent if milestones are achieved in at least three out of four reform areas.” Stimulus package includes ₹8 lakh cr liquidity measures by RBI Ms. …

Coronavirus: Boris Johnson announces vaccine site, warns covid-19 may stay
4 years, 7 months ago

Coronavirus: Boris Johnson announces vaccine site, warns covid-19 may stay

Live Mint  

Boris Johnson said Britain miday not be free of the coronavirus “for some time to come,” an admission that highlights the difficult task he has of convincing people to return to work as the nation’s death toll from Covid-19 remains the highest in Europe. Wealthier governments are maneuvering to get first rights on potential vaccines -- Covid-19 has killed more …

Here's How Much Congress Has Approved For Coronavirus Relief So Far And What It's For
4 years, 7 months ago

Here's How Much Congress Has Approved For Coronavirus Relief So Far And What It's For

NPR  

Here's How Much Congress Has Approved For Coronavirus Relief So Far And What It's For Loading. The estimated cost also includes a new, temporary Pandemic Unemployment Assistance program through the end of this year to help people who lose work as a direct result of the public health emergency. Cost reductions for individuals on federal health insurance programs: $8.6 billion …

Coronavirus impact on Victorian economy to be 140 times worse than bushfires, Treasury expects
4 years, 7 months ago

Coronavirus impact on Victorian economy to be 140 times worse than bushfires, Treasury expects

ABC  

Victoria is expecting the economic damage of the coronavirus pandemic to be about 140 times worse than the impact of the bushfires on the state's bottom line. Key points: Mr Pallas said the pandemic would shrink the economy by about 14 per cent Mr Pallas said the pandemic would shrink the economy by about 14 per cent Rather than a …

India's Prime Minister Announces $260 Billion COVID-19 Rescue Package
4 years, 7 months ago

India's Prime Minister Announces $260 Billion COVID-19 Rescue Package

NPR  

India's Prime Minister Announces $260 Billion COVID-19 Rescue Package RACHEL MARTIN, HOST: Now to India where the death toll from the coronavirus has been low compared to the U.S. or Europe. LAUREN FRAYER, BYLINE: Prime Minister Narendra Modi says this additional relief money will bring the government's total coronavirus stimulus spending up to $266 billion. FRAYER: Modi said this new …

Highlights of Democrats’ $3 trillion-plus virus relief bill
4 years, 7 months ago

Highlights of Democrats’ $3 trillion-plus virus relief bill

Associated Press  

WASHINGTON — Democrats controlling the House have unveiled a $3 trillion-plus coronavirus relief bill — the fifth coronavirus response legislation so far — and are planning to pass the measure on Friday. ___ HAZARD PAY FOR ESSENTIAL WORKERS Creates a $200 billion “heroes fund” that would provide a “hazard pay” supplement for essential workers such as first responders, health care …

India’s Modi announces $270bn coronavirus package: Live updates
4 years, 7 months ago

India’s Modi announces $270bn coronavirus package: Live updates

Al Jazeera  

India’s Prime Minister Narendra Modi unveils a $270bn stimulus package to boost the country’s battered economy after a weeks-long lockdown to curb the coronavirus pandemic. 19:50 GMT – Pence to ‘keep distance’ from Trump: White House US Vice President Mike Pence, whose press secretary tested positive for coronavirus, has decided to “keep his distance” from President Donald Trump for a …

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