Hyderabad: The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. The coronavirus pandemic has infected more than 5,90,000 people and over 27,000 people dead.
On Friday, President Donald Trump signed a USD 2.2 trillion aid package into law. Few believe it will be the last in the aftermath of this viral outbreak. Credit rating agencies are taking note of the financial standing of the US, and other nations.
US airlines are seen as more likely to seek federal grants than loans from the huge economic-rescue package that passed Congress on Friday.