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Added on the 06/04/2020 14:00:00 - Copyright : EFE Inglés
Shah Alam, Jan 18 (EFE/EPA).- The Prime Minister of Malaysia, Muhyiddin Yassin, announced Tuesday an additional stimulus package worth around $3.7 billion to strengthen the economy in the Asian country after it was hard-hit by the coronavirus pandemic.The package is known as ' Malaysian Economic and People Protection Assistance Package' (PERMAI) and its initiatives will be based on three main objections, which are to combat the Covid-19 pandemic, to ensure the welfare of the people, and to support the survival of businesses. Malaysia has so far recorded over 150,000 confirmed cases and 601 deaths of the COVID-19. (Camera: FAZRY ISMAIL).SHOT LIST: MEDICAL PERSONNEL PREPARE FOR A SWAB CORONAVIRUS TESTING AT SHAH ALAM, OUTSIDE KUALA LUMPUR, MALAYSIA.
Vermont Sen. Bernie Sanders had harsh words on Sunday for President Donald Trump, saying Trump was 'unbelievably cruel.' Business Insider reports Sanders was irate at Trump for not signing the coronavirus relief package and blocking unemployment benefits. You can't diddle around with the bill. Sign the bill, Mr. President, and then...we can pass a $2,000 direct payment for the working families of this country. Sen. Bernie Sanders (I-VT) Interview, ABC's 'This Week' Trump rejected the $900 billion coronavirus relief package that Republican and Democrat lawmakers had finally reached a consensus on last week. As Trump refused to sign the bill before the end of Saturday, millions of Americans have lost at least one week of unemployment benefits.
President Donald Trump faces a ticking clock with respect to the current proposed COVID-19 relief package. Trump has suggested he may reject the $900 billion package that Congress approved earlier this week unless lawmakers include $2,000 stimulus payments. Business Insider reports Trump could cost jobless workers a week of $300 federal unemployment benefits if he fails to sign the bill by midnight Saturday. Business Insider reports nearly 14 million Americans may lose all their unemployment aid this weekend if the bill doesn't pass. Labor experts say a two-to-three week gap in unemployment benefits is inevitable, as states need to recalibrate their computer systems to send the payments.
At long last, a new coronavirus stimulus package is finally set to be passed by the US Congress. The last one expired at the end of July. Business Insider reports the long-awaited package will reportedly contain $600 stimulus checks and an extra $300 in weekly unemployment benefits. While the House has passed multiple bills that would have offered more to Americans, the GOP-controlled Senate has balked until now. However, the deal hasn't been well-received in the Twitterverse, and has produced references to class warfare and revolution. 'Let them eat cake' trended on Twitter in response to the apparently inadequate $600 stimulus check. It's a famous utterance attributed to Marie Antoinette, representing the out-of-touch monied, ruling class overthrown in the French Revolution.
Trump and Pelosi are both hoping for an economic relief package after the election. "Right after the election, we'll get it one way or the other," Trump said on a podcast interview. "First and foremost the American people need help. They need real help," said Pelosi. However, there are still significant differences between the White House and Democrats. This is true on numerous issues, according to reports at Business Insider.
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