Jul 31, 2020 21:05 Asia/Tehran [Updated: Jul 31, 2020 21:13 Asia/Tehran]
  • World Newspapers: Virus wipes out 5 years of US economic growth
    World Newspapers: Virus wipes out 5 years of US economic growth

The drag on the US economy from the virus pandemic will last almost a decade, according to projections by the Congressional Budget Office (CBO). It forecasts the outbreak will cut US economic output by 3% between this year and 2030, a loss of $7.9tn.

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