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Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...
While COVID-19 increased mortality in general, different countries experienced dramatically different impacts on birth rate. Birth rates in the US declined, whereas Germany's reached an all-time monthly high. [85] Some in China had initially thought that their COVID-19 lockdowns would boost birth rate, but that prediction was proven wrong. [86]
The first known cases of COVID-19 in humans came in Wuhan in November 2019. Some 1.2 million Americans were died in the COVID-19 pandemic, per data from the Centers for Disease Control and Prevention.
On 8 April, the WHO warned that the number of COVID-19 cases in Africa had now increased to over 10,000, with over 500 dead. [59] Responding to criticism, the WHO Director-General warned against politicizing COVID-19 as unity is the "only option" to defeat the pandemic, emphasizing, "please quarantine politicizing COVID". [60]
The coronavirus crisis is three crises in one. It requires a co-ordinated cross-boundary effort to avert, says the COO of Bitwise Asset Management. The US Needs a Wartime Effort to Win the ...
As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.
On January 22, 2021, Biden released an executive order addressing the economic crisis due to COVID-19. [ 187 ] Biden voiced support for $600 extra weekly unemployment benefits, increasing Social Security checks by $200 monthly, federally funded COBRA insurance for those who have lost their jobs during the pandemic, paid sick leave, as well as ...
The exponential spread of the coronavirus is upending the travel industry with cruise operators being hit particularly hard. The Coronavirus cruise ship problem: 'Every lost voyage' could cost $4 ...