Editors, USA TODAY
Printed 2: 51 a.m. ET March 23, 2020 | Updated 3: 36 a.m. ET March 23, 2020
The Senate will preserve a procedural vote Monday on a $1 trillion-plus GOP bill that would provide funds of $1,200 to most American citizens amid the coronavirus pandemic. Negotiations over the gigantic economic package hit a snag on Sunday, as Republicans and Democrats sparred over how most productive to aid laid-off staff and shuttered businesses reeling amid the coronavirus pandemic. Senate Majority Chief Mitch McConnell said he would force a 2nd vote on the identical bill Monday within the hopes that Democrats would have a “trade of heart.” Meanwhile, Pelosi and Home Democrats are planning to introduce a competing proposal that will take care of what they sigh are serious shortcomings with the GOP thought.
President Donald Trump says everybody is working interesting to movement additional regulations for economic relief at some stage within the coronavirus pandemic.
Shares had been poised to expand losses Monday after posting their worst week for the explanation that monetary crisis, as investors awaited govt movement to fight the coronavirus pandemic.U.S. futures slipped better than 3% on Monday. By 9 p.m. EST on Sunday, the S&P 500 future contract used to be down 3.5% at 2,209.60 and the future for the Dow dropped 3.6% to 18,356.00. The New York Stock Replace on Monday will movement to all-electronic trading in response to the coronavirus pandemic, CNBC reported. It marks the foremost time the NYSE trading floor has been shuttered independently while electronic trading persisted.
The coronavirus (COVID-19) is impacting the international economy and elevating fears of a recession. What causes a recession and what are the signs?
The sports actions world’s eyes Monday flip to the World Olympic Committee because the countdown to their resolution on what to make with this summer season’s Olympics is officially on. In the face of the coronavirus pandemic, IOC president Thomas Bach said Sunday that the group has dominated out canceling the Games outright, but current it’s exploring assorted solutions to stage the Olympics in Tokyo. That also can point out postponement from its scheduled July 24 initiate. Bach said an legit resolution needs to be reached within the next four weeks. As a minimal one nation, even though, also can now not be attending if the Games are peaceful held this summer season: Crew Canada introduced Sunday its athletes also can now not be going unless the Olympics are postponed.
SportsPulse: USA TODAY Sports actions’ Nancy Armour breaks down why the 2020 Olympics would possibly maybe maybe be postponed.
The Remark Division has chartered two flights to initiate up evacuating many of of American citizens who are stranded in Guatemala on Monday. Guatemala suspended all air shuttle with the exception of for cargo flights on March 16 so as to behind the spread of coronavirus. “We make now not know when civilian flights will resume in Guatemala after these U.S. govt-coordinated charter flights, but trot travelers to continue to envision the availability of enterprise flight recommendations,” the Remark Division said. On Sunday, Vice President Mike Pence said the Remark Division had introduced 3,000 American citizens home from international locations the build they had been stranded.
Cities and states across the nation are instituting orders to “preserve home” or “refuge in arena.” The orders are now not “lockdowns.” Residents can continue performing duties wanted to the successfully being and safety of family and pets. It be peaceful OK to decide groceries, whisk for a trot, stroll the dog, pick up medication, visit a physician or get presents to design a living from home.
Some native, deliver and federal businesses have turned to drastic measures to envision out to own the spread of the unconventional coronavirus.
Contributing: The Connected Press
Learn or Fragment this story: https://www.usatoday.com/story/news/2020/03/23/coronavirus-stimulus-tokyo-olympics-shares-5-things-know-monday/2871591001/
We hate SPAM and promise to keep your email address safe