General News

US predicts severe recession from April 2nd week

Situation is turning worse day by day in US. With raising Covid 19 cases, US officials are panicking over the economy. As per the financial experts, if the same situation continues till 2nd week of April, the nation will experience the start of severe recession.

Most of the businesses are highly impacted and majority of them are the shops. While the sales are zero, they still have to pay for the rent and other utilities. Unemployment is raising and it is expected to raise further. With no money in hand and lots of credit card bills to pay, the recession is expected to officially begin.

While Italy surrendered to Covid 19, US Government is trying its best to tackle the situation. Few US officials blamed Trump for not taking Covid 19 seriously, when it is in the initial phase. Meanwhile, Trump is trying to divert the topic calling Covid 19 as Chinese Virus.

Show comments

Recent Posts

‘Love Me’ Trailer: A Unique Ghostly Love Story

Ashish, nephew of the famous producer Dil Raju, is to be seen in the new…

Hyderabad | May 16, 2024 | 7:35 pm

Sriya Reddy’s role to be more powerful in Salaar 2!

"Sriya Reddy’s return to the silver screen in Prashanth Neel’s “Salaar: Part 1 – Ceasefire”…

Hyderabad | May 16, 2024 | 5:00 pm

Miral, Set to Enthrall Audiences on May 17th

Prepare for the thrilling release of "Miral," a supernatural horror drama starring Bharath and Vani…

Hyderabad | May 16, 2024 | 4:09 pm

Naveen Chandra Unveils thrilling Teaser Of Varun Sandesh’s ‘Nindha’!

Varun Sandesh, known for his dynamic performances, is all set to captivate audiences with the…

Hyderabad | May 16, 2024 | 4:01 pm

Kalki to begin promotions, Event at Hyderabad this month!

Kalki 2898 AD, the upcoming science fiction epic, is set to push the boundaries of…

Hyderabad | May 16, 2024 | 3:54 pm

Jagan to I-PAC: More than 151+ and 22+

AP CM YS Jagan interacted with the team at the political agency, I-PAC today and…

Hyderabad | May 16, 2024 | 3:51 pm