Main Quotes Calendar Forum
flag

FX.co ★ US heading for second wave of coronavirus infections

back back next
Forex Humor:::2020-08-26T07:11:31

US heading for second wave of coronavirus infections

The US does not create illusions about its bright future. That is why it is actively preparing for the second wave of the coronavirus.

The US president has already extended weekly benefits for citizens who lost their jobs due to the pandemic and the Paycheck Protection Program (PPP). The Paycheck Protection Program is a $669-billion business loan program that allows entities to apply for low-interest private loans to cover payroll costs, rent, and utilities. At the same time, the Economic Injury Disaster Loans (EIDL) is designed to provide additional economic relief to businesses, agricultural enterprises, and non-profit organizations that are currently experiencing a loss of revenue. Its validity period is not limited, it will remain in effect as long as the risks of repeated outbreaks of disease persist.

Under such alarming conditions, the US is getting ready for the presidential election and the second wave of the pandemic. The fact is that nobody knows when the second outbreak will occur. At the same time, the date of the elections is already determined. They will be held on November 3, 2020. However, the coronavirus may change the plans. If the second wave hits a lot of people, the main event of the year could be delayed.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...