Wednesday 12th of August 2020

Follow Us

Breaking News

US economy fell in reverse, this was even not the case after World War

 Los Angeles, July 31:-- In the US, the economy has shrunk 32.09 percent in the second quarter of the current year due to corona infection. According to the Bureau of Economic Analysis, this is the record so far in the depressed state of the American economy. It is being said that such a bad situation did not happen even after the first and second world war.
At the time of the knocking of the corona infection, the American economy was in a bad state in view of GDP. As the second quarter began, millions of people lost their jobs, people's spending power was eroded, exports began to shrink, business came to a standstill, with the Central Bank and Congress backing the economy by trillions of dollars of economic aid. Tried to bring. Three trillion dollars were distributed under this item. Despite this, the situation worsened as the corona infection was not curbed and the lockdown continued.
  Today the situation is that 30 million people are unemployed. So far, they were living on unemployment allowance from the Central and State Governments, that too is on the verge of ending. The situation has been complicated by Republicans and Democrats not yet agreeing to this allowance of $ 600 a week. If the Democrats are trying to extend this financial support till January, then the Republicans are not agreeing to it. This unemployment has fallen on the low-income people of the society, who are basically African American and Latino.
Related Americas News

Kamala Harris: First Asian American woman declared as Democratic candidate for Vice President

 (FastMail)- California Senator Kamala Harris of Indian origin will be the first black female candidate. Kamala, 55, had an Indian mother and father Jamaica. Tej Tarar Kamla was the presidential candidate for the post of 2020, but she withdrew her name after the first primary due to her backing....

Brazil's COVID-19 death toll reaches 101,752

 BRASILIA:The death toll in  Brazil due to  coronavirus infection in the last 24 hours stands at  703,taking the total death toll to 101,752.   According to the Brazilian Ministry of Health, tests detected 22,048 new cases of infection in the same 24-hour period, taking the....

U.S. President Donald Trump abruptly escorted from briefing after shooting near White House

 WASHINGTON:President Donald Trump returned minutes later, saying there was a “shooting” outside the White House that was “under control”. President Donald Trump was abruptly escorted by a U.S. Secret Service agent out of the White House briefing room as he was beginnin....

Earthquake Magnitude 5.7 Hits Honduras

 (Fast Mail) - A 5.7-magnitude quake hit Honduras, the United States Geological Survey said.The epicentre of the quake was registered 46 km of Savannah Bight.

US Prez Donald Trump bans Chinese Apps; terms it a threat to national security

Washington, Aug 07:-- US President Donald Trump has signed executive orders banning popular Chinese apps like TikTok and WeChat, terming them a threat to national security and to the country's economy. The ban comes into effect in 45 days.   India was the first country to ban TikTok and WeChat,....

Editor :
Jagadananda Pradhan
Email :
Ph : (+91)6764295999
Contact Us
© 2020 Fast Mail Media Pvt Ltd. All Rights Reserved.
Developed by : FM Media Pvt Ltd.