The US has also joined the battle against coronavirus. Emergency measures include the implementation of a curfew and quarantine. Only pharmacies and grocery stores are open. Restaurants, bars, and cafes are closed. They provide only food delivery service. While some industries are getting ready for a recession, others may face severe contraction. Only some businesses can stay afloat amid the current conditions. Analysts forecast thousands of unemployed. According to Goldman Sachs, more than 2 billion people have already lost their jobs. “It may be 30-40% of unemployment that will be disastrous for the economy. If the situation with the virus gets worse, businesses will be forced to curtail their activities and, therefore, unemployment will be even higher”, the US largest recruitment agency said. President Donald Trump said that he declared war on the coronavirus. Besides, the US president is planning to perform according to the wartime rules. Thus, he has a right to convert a civilian economy to a military-based one. Economists called the current situation “the Corona crisis”. The latest data showed that 1/3 of the global economy is facing a crisis. Analysts suppose that the global economy may grow just by 0.5% in 2020.
