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Thursday, April 2, 2020

Coronavirus Live: Infections In The United States Outnumber China, With Worldwide Cases Over 500,000 | News from the world

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The federal government is considering a series of sweeping measures to effectively put the economy on hibernation, allowing businesses to emerge from the coronavirus crisis, resume and re-hire without crippling debt.

As the government prepares to unveil its third economic rescue plan “in a few days”, policies are being developed to help business leaders cope with the crisis without having to leave their businesses.

Banks, lenders and homeowners would all be asked to bear some of the pain, waiving all overhead costs, including rents and mortgage payments, for at least the next six months.

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