WORLD US failure to renew COVID-19 stimulus threatens further economic decline: study

WORLD

US failure to renew COVID-19 stimulus threatens further economic decline: study

Xinhua

09:18, August 14, 2020

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

U.S. House Speaker Nancy Pelosi speaks during her weekly press conference on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020. The impasse in U.S. Congress over renewal of the expiring programs that mitigated the economic impact of the COVID-19 pandemic threatens to undo the stimulus effect of the programs and exacerbate the economic damage from the lockdown, according to a newly released study. (Photo by Ting Shen/Xinhua)

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue