Warning of Economic Crisis, Australia Avoids Full Virus Lockdown
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Prime Minister Scott Morrison is trying to thread the needle as he battles to save the economy and contain a health crisis as coronavirus cases surge in Australia. As leaders the world over are discovering, something may have to give.
“We’re dealing with a health crisis that has caused an economic crisis,” Morrison said after an emergency meeting of the National Cabinet late Tuesday. “Lives are at risk in both cases,” he added, citing the toll that financial ruin would take on Australians.
Read more: https://www.bloomberg.com/news/articles/2020-03-25/warning-of-economic-crisis-australia-avoids-full-virus-lockdown
Prime Minister Scott Morrison is trying to thread the needle as he battles to save the economy and contain a health crisis as coronavirus cases surge in Australia. As leaders the world over are discovering, something may have to give.
“We’re dealing with a health crisis that has caused an economic crisis,” Morrison said after an emergency meeting of the National Cabinet late Tuesday. “Lives are at risk in both cases,” he added, citing the toll that financial ruin would take on Australians.
Read more: https://www.bloomberg.com/news/articles/2020-03-25/warning-of-economic-crisis-australia-avoids-full-virus-lockdown
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