More US states are looking to lift coronavirus lockdown restrictions as the national unemployed rate hovers about 16 per cent.
White House officials on US political talk shows gave different views of how the economy would react to the pandemic.
Colorado, Mississippi, Minnesota, Montana and Tennessee will begin to reopen their economies in the next few days.
Georgia, Oklahoma, Alaska and South Carolina were the first wave of states easing restrictions.
Health experts say increased human interaction could spark a new wave of Covid-19 cases, the respiratory disease that has already killed about 55,000 Americans.
The lockdown restrictions resulted in 26.5 million Americans filing for unemployment benefits since mid-March.
The nonpartisan Congressional Budget Office said on Friday that the economy would contract at nearly a 40 per cent annual rate by June.
The CBO forecast that the jobless rate would average above 10 per cent into next year.
The pandemic would probably push the national unemployment rate to 16 per cent this month, White House economic adviser Kevin Hassett said on Sunday.
"It's a really grave situation. This is the biggest negative shock that our economy, I think, has ever seen.
"We're going to be looking at an unemployment rate that approaches rates that we saw during the Great Depression.
"I think the next couple of months are going to look terrible. You're going to see numbers as bad as anything we've ever seen.
"We're going to need really big thoughtful policies to put together to make it so that people are optimistic again," Mr Hassett told the ABC.
US Treasury Secretary Steve Mnuchin insisted that the US economy would come roaring back.
Mr Mnuchin defended soaring deficit spending as key to reviving the economy, despite the misgivings of Congressional Republicans.
He said the administration was considering loans to troubled energy companies but insisted there would be no shareholder bailouts.
"I think as we begin to reopen the economy in May and June you're going to see the economy really bounce back in July, August, September," Mr Mnuchin told Fox News.
"And we are putting in an unprecedented amount of fiscal relief into the economy. You're seeing trillions of dollars that are making their way into the economy and I think this is going to have a significant impact."
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
BUNDESLIGA FIXTURES
Friday (UAE kick-off times)
Cologne v Hoffenheim (11.30pm)
Saturday
Hertha Berlin v RB Leipzig (6.30pm)
Schalke v Fortuna Dusseldof (6.30pm)
Mainz v Union Berlin (6.30pm)
Paderborn v Augsburg (6.30pm)
Bayern Munich v Borussia Dortmund (9.30pm)
Sunday
Borussia Monchengladbach v Werder Bremen (4.30pm)
Wolfsburg v Bayer Leverkusen (6.30pm)
SC Freiburg v Eintracht Frankfurt (9on)
'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars
The Lost Letters of William Woolf
Helen Cullen, Graydon House
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
UAE currency: the story behind the money in your pockets
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Global state-owned investor ranking by size
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1.
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United States
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2.
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China
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3.
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UAE
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4.
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Japan
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5
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Norway
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6.
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Canada
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7.
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Singapore
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8.
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Australia
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9.
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Saudi Arabia
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10.
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South Korea
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Jawan
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