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[VOA] VOA 2020-05-20

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This is VOA news. As federal reserve Chairman Jerome Powell and treasury chief Steven Newton are painting a bleak picture of the economic devastation the corona virus, pandemic has wrought on the country, but they hold out hope that a raft of loans and assistance to families and businesses will provide relief in the coming months both are testifying today remotely before the senate banking committee. Chairman Powell said in prepared remarks that the pandemic has caused a level of pain that is hard to capture in words, he said the scope and need of this downturn are without modern precedent and are significantly worse than any recession since world war two, about thirty six point five million US workers have been laid off from jobs and have sought unemployment compensation is the world's largest economy has plunged into a recession President Trump shocked the country yesterday, if not much of the world when he claimed he was taking the controversial drug hydroxide chlorine to prevent his getting the corona virus. President Trump's white house doctor navy commander Sean connery says he and the President had numerous discussions about the evidence for and against before they concluded that the potential benefit from taking the malaria drug outweighed the relative risks Russia's foreign minister said tuesday that Moscow had scaled down its military drills Amid the corona virus. pandemic Sergei Lavrov said that the Russian military had decided not to conduct any more games near the country's borders with NATO member nations, during the outbreak he added.
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