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US leads huge economic fightback against Covid. No new cases in Wuhan

Posted in Featured, World

Published on March 22, 2020 with No Comments

Trump invokes emergency authority

U.S. President Donald Trump invoked emergency authority to marshal industry to fight the coronavirus, as the economic fallout from the crisis mounted with word that nearly the entire U.S. auto industry is shutting down its North American factories to protect workers. Calling himself a “wartime president,” Trump invoked the Defence Production Act of 1950 to steer industrial output and overcome shortages of face masks, ventilators and other supplies as hospitals brace for an expected onslaught of cases. “It’s a war,” Trump said, likening the anti-coronavirus efforts to measures taken during World War II and warning of national sacrifices ahead. California’s governor warned that martial law could be imposed. The mayor of New York said the city’s 8.6 million residents should be prepared for a lockdown. Czech authorities used emergency powers to raid a warehouse and seize hundreds of thousands of face masks. And Hong Kong widened the use of electronic wristbands that monitor people under self-quarantine.

With a growing number of Americans thrown out of work by the near-shutdown of much of the U.S. economy, Trump also said the Housing and Urban Development Department will suspend foreclosures and evictions from public housing. The Trump administration’s plan for issuing relief checks to Americans calls for the payment of $500 billion in two installments over the next two months. The amounts have yet to be decided but would be based on income and family size.

 

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