The Heat: Economic impact of COVID-19 in the U.S.

The Heat

In this photo illustration, a person files an application for unemployment benefits on April 16, 2020, in Arlington, Virginia. (Photo by Olivier DOULIERY / AFP)

The coronavirus continues its deadly assault around the world, taking an unimaginable toll on human life and bringing the world’s economy to its knees.

Here in the U.S., the coronavirus has put four million more people out of work, as states struggle to balance the health of their residents with reopening the country’s economy.

The European Union meanwhile is also looking to get the financial sector back on track with a multibillion euro recovery fund.

To discuss:

  • Victor Gao is a CGTN current affairs commentator. 
  • Pieter Cleppe is a political analyst.
  • Dan Raviv is an author and columnist for New York’s Newsday magazine.

Fear of COVID-19 is also fueling anti-Asian sentiment across the globe, with many in Asian communities reporting incidents of verbal and physical assault. Rosalind Chou, Associate Professor of Sociology at Georgia State University talked about her experience.

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