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The Times

Lack of confidence in US leadership adds to coronavirus panic

  • Written by Tony Walker, Adjunct Professor, School of Communications, La Trobe University
Lack of confidence in US leadership adds to coronavirus panicThe Conversation/Google Earth, CC BY-ND

When the Federal Reserve cut interest rates to the bone this week, this represented the most decisive action taken so far to forestall recession caused by a global health crisis.

The US central bank’s dramatic intervention is an acknowledgement that a health pandemic risks the most severe downturn in the...

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