Coronavirus US live: US now has more cases than any other country – as it happened

Photo of Coronavirus US live: US now has more cases than any other country – as it happened
Facebook
VKontakte
share_fav

Edward Helmore has news on how the Covid-19 outbreak is affecting the fishing industry.

The commercial fishing industry is requesting $4bn in aid as orders dry up from restaurant owners and exports, which account for as much as 60% of their business, dry up due to the coronavirus pandemic

Federal Reserve chairman Jerome Powell said the US “may well be in a recession” as the pandemic puts an unprecedented strain on the US economy.

In a rare live interview with NBC’s Today Show, Powell sought to draw a distinction between what’s happening to the economy now as the result of forced public isolation and social distancing and a “normal” recession.

"I think it's been 30 years since we had a federal reserve chair (on TODAY) live ... What is the message you want to send?" -Guthrie

"... The Federal Reserve is working hard to support you now, and our policies will be very important when the recovery does come." -Powell pic.twitter.com/bd3Az6RKyH

Related: US may be in recession amid Covid-19 crisis, says Fed chair Jerome Powell

Continue reading...
view The Guardian: World News
#us senate
#us congress
#joe biden
#nancy pelosi
#bernie sanders
#us news
#us politics
#donald trump
#us elections 2020
#coronavirus outbreak