Australia will reveal its first economic and fiscal update since the coronavirus outbreak on Thursday.
"The coronavirus crisis has hit our economy hard, and it's hit our budget hard," Australia's Finance Minister Mathias Cormann told CNBC, just hours after liaising with fellow global policymakers at the G20 Finance Ministers and Central Bank Governors Meeting. "We estimate deficits of $95 billion, 4.8% of GDP, for 2019-20," Westpac Chief Economist Bill Evans wrote in a research note this weekend. The firm forecasts a budget deficit in 2020-2021 of $240 billion and is expecting a further large deficit of the order of $150 billion in 2021-2022.
Source: News Formal (newsformal.com)
This is all a game being played globally. The deep state wants mail in voting because it’s their last chance of manipulation. Guess what, Trump won’t let it happen and the Economy will open soon.
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ABC News @ABCWATCH LIVE: California Gov. Newsom gives an update on the coronavirus. I will never Trust any democrat$ again!! 2016 was the last time I will ever vote democratic! Reasonable to make personal safety the basis for whatever is laid down/recommended
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Indonesia boosts tax incentives to limit economic impact from COVIDIndonesia has increased tax incentives for businesses in a move to try and limit the economic impact of the coronavirus pandemic, its tax office said on Saturday. Must have been Biden's idea, right Reuters? Indonesia will also increase lashes for women seen without a mask There is making a profit 40% and then there is getting rich multiples of 800% relative to wages that move 2% why inequality exists too many live in credit
Source: Reuters - 🏆 2. / 97 Read more »
Texas officials order extra body bags, mortuary trucks as state braces for rising coronavirus deathsFEMA is sending 14 refrigerated trucks to the state next week — on top of the eight that were already sent — to serve as temporary mortuaries. LOL fake.
Source: CNBC - 🏆 12. / 72 Read more »
Fauci says U.S. needs to 'get better control' of the coronavirus to reopen without outbreaksDr. Anthony Fauci said Friday that the coronavirus has hit the U.S. 'very severely' and the country 'needs to get better control over things' in order to reopen the economy and head toward normality. Where’s the mask?! Better control ? There is no control at all. Total failure. This guy is a lunatic.
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U.S. coronavirus deaths near 140,000 as outbreak worsensU.S. deaths from the novel coronavirus neared 140,000 on Saturday as cases continued to rise in 43 out of 50 states over the past two weeks, according to a Reuters tally. We have passed 140k. Obama stopped the testing USA! USA! USA!
Source: Reuters - 🏆 2. / 97 Read more »
Czech active coronavirus cases swing to new high as local outbreaks continueThe tally of active cases of the new coronavirus has risen to 4,764, above the previous high of 4,737 seen in April, health ministry data showed on Sunday. check out to see how your area is doing and also see Scientists progress Well guess cases are just going to keep rising unless they can find a way to keep irresponsible people from infecting each other.... Not great, not terrible... However, pubs are still open, festivals take place, the streets and traffic are full of people. So far a normal summer in the Czech Republic. 🙂
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