Spain on Saturday banned people from leaving home except to go to work or buy essential supplies, in a bid to slow the spread of coronavirus. Prime Minister Pedro Sanchez announced the restrictions on movement following a huge spike in the number of cases with over 5,700 people infected in this nation of some 46 million people.
Meanwhile, US President Donald Trump accused the Federal Reserve on Saturday of not being "aggressive" enough to counteract the coronavirus-linked economic slump, while insisting he had no plans to replace the bank's president, frequently a target of his criticism.
"Other boards and other countries and people representing those countries are taking a much more aggressive action than our Fed," Trump said during a White House press conference. "And their equivalent of the Fed rate is lower, in some cases by two points. That's a lot," the president said. "We have the currency, the power... We shouldn't have a Fed rate that's higher than our competitor nations."
Comments
Comments are closed.