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Ireland Mnuchin - Serious repercussions for US economy due to delays in reopening

05:55  14 may  2020
05:55  14 may  2020 Source:   pressfrom.com

Reopening of schools: "The State discards local elected officials"

 Reopening of schools: >> LIVE - Coronavirus: follow the evolution of the situation Monday May 4 Sunday, the authorities unveiled the health protocol which must apply in all schools in France. Repeated hand washing, staggered recreation: the hygiene rules therein are strict. Agnès Lebrun sees there, however, a "heap of impracticable injunctions", ordered vertically by the government. "We wanted of course a health protocol, but built with a local appreciation: we were not heard," she explains.

Australia's treasurer said Tuesday the country faces a “sobering” economic outlook due to the effects of the coronavirus and will have its largest-ever deficit when a revised budget is released in October. But the government was forced to delay it until it assesses the full economic cost of the coronavirus.

" We ' re going to slowly open the economy ," Mnuchin told Fox News in an interview. "But there is also a risk that we wait too long, there is a risk of destroying the U . S . economy and Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Washington, May 13 (Reuters) - US Treasury Secretary Steven Mnuchin has warned of the risk of serious economic damage if the economy is delayed when it reopens. "We will slowly open the economy," said Mnuchin in an interview with Fox News. "But there is also a risk that if we wait too long, we will destroy the US economy." He expects the second quarter to be "pretty bad," but if the economy starts up again with appropriate safeguards, the following quarters will be better. "We will have a great economy again next year," said Mnuchin.

The House of Representatives had proposed another $ 3 trillion aid package to cushion the economic impact of the Corona crisis. Mnuchin criticized the suggestion that he was "very biased". He could not see that it was promising in the current framework. The proposed bailout package includes nearly $ 1 trillion in aid to state and local governments. There could be a vote later this week. Mnuchin said the government is open to additional spending but "we are in no hurry to do this this week or next. We will take our time." President Donald Trump had previously declared the aid package proposed by the Democrats in the House of Representatives dead ("dead on arrival"). (Reporter: David Lawder Written by Katharina Loesche. If you have any questions, please contact the editorial team on +49 30 2888 5120.)

Mexico: a threatened journalist murdered in the street .
A Mexican journalist, Jorge Armenta, was assassinated in northern Mexico on Saturday, bringing to three the number of journalists murdered since January in this country, one of the most violent on the planet. © DR A Mexican journalist, Jorge Armenta, was murdered Saturday in the north of the country, as well as a municipal police, bringing to three the number of journalists killed in Mexico since the beginning of the year, a- we learned from a judicial source.

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