President Donald Trump on Wednesday defended his use of the term "China VIrus" to refer to coronavirus by saying, "It comes from China." He also promised the U.S. economy would bounce back "very, very quickly" in an attempt to reassure Americans worried about the lasting effects of the coronavirus pandemic. #Coronavirus #Covid19 #TrumpCoronavirus
Trump also invoked the Defense Production Act, allowing the government to boost the production of masks and protective equipment. Europe surpassed China in the number of coronavirus infections.
The president also ordered a Navy hospital ship with 1,000 beds to head to New York Harbor. New York Governor Andrew Cuomo mandated that non-essential businesses have no more than half their workforce in the office.
German Chancellor Angela Merkel signaled she may be open to joint European Union debt, and bonds plunged on concern about a deluge of issuance. Financial markets continued to spasm, with U.S. stocks reversing Tuesday’s rally. Boeing Co.’s rout deepened.
Subscribe to our YouTube channel: [ Ссылка ]
QUICKTAKE ON SOCIAL:
Follow QuickTake on Twitter: twitter.com/quicktake
Like QuickTake on Facebook: facebook.com/quicktake
Follow QuickTake on Instagram: instagram.com/quicktake
Subscribe to our newsletter: [ Ссылка ]
Email us at quicktakenews@gmail.com
QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
