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The United States recorded 1,330 more Covid-19-related deaths in the past 24 hours, according to figures reported Sunday afternoon by Johns Hopkins University.
The country now has a total of 54,841 deaths, with 9.64,937 confirmed infections, according to a count by the Baltimore-based institution at 8:30 p.m. Sunday.
The United States is by far the country most affected in the global pandemic, both in terms of confirmed infections and deaths.
The 24-hour death toll in the United States was 2,494 late Saturday and 1,258 late Friday, the lowest in nearly three weeks, as the government struggles to smother the virus.
The United States government notified lenders Sunday that it will limit the amount each bank can lend under the emergency loan program designed to keep workers on payroll amid the coronavirus pandemic, hours before the reopening of the loan program.
US banks were gearing up over the weekend for another frantic rush to get $ 310 billion in fresh small business aid that the government will launch.
Despite the technical and paperwork challenges, the first round of program funds ran out in less than two weeks, and lenders expect the second tranche of cash to drain even faster with tens of thousands of queued requests.
That has left thousands of small businesses that have been forced to close to stop the disease outbreak, without much-needed funds to keep them afloat.
The shutdown of the US economy due to the coronavirus pandemic is a shock of historic proportions that is likely to push the national unemployment rate to 16 percent or more this month and will require more stimulus to ensure a strong rally, said an economic adviser to the White House. Sunday.
“This is the biggest negative shock that our economy, I think, has ever seen. We are going to see an unemployment rate that approximates the rates we saw during the “Great Depression” of the 1930s, “said adviser to President Donald Trump Kevin Hassett on an ABC show.
A record 26.5 million Americans have applied for unemployment benefits since mid-March, and retail sales, home construction and consumer confidence have declined.
