Guys be ready !!

[HEROO]

Singapore PM: virus hit to economy likely worse than 2008 crisis

 

 

Singapore's prime minister warned on Saturday that the negative economic effects of the coronavirus outbreak will likely be deeper and more prolonged than the 2008 financial crisis.

"The economic hit will likely be more serious than the global financial crisis, and longer-lasting too, even beyond the end of the pandemic," Lee Hsien Loong said in a Facebook post. He said the pandemic will likely last at least this year, and possibly longer.

With 200 infections, the Asian travel hub has signalled that there is a chance of a recession this year and has cut its growth forecasts. 

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Lee's comments came a day after Singapore revised its electoral boundaries, in a move usually seen as a precursor to calling a vote.

Singapore must hold elections by early 2021. Before the virus hit the Asian city-state late in January, the government had been expected to call a vote within a few months. 

Lee said the government could hope that the situation will stabilise before the end of its term so that it can hold elections "under more normal circumstances".

"Or else call elections early, knowing that we are going into a hurricane, to elect a new government with a fresh mandate and a full term ahead of it, which can work with Singaporeans on the critical tasks at hand," he added.

If the elections have to be held before the outbreak is over, he said the government would take necessary precautions for parties to campaign and people to vote.

[sri_india]

Thanks but no thanks 

[HEROO]

Just now, sri_india said:

Thanks but no thanks 

Welcome but no welcome !!

[nag_mama]

3 minutes ago, HEROO said:

Singapore PM: virus hit to economy likely worse than 2008 crisis

no trump tatha cheppadu tana meeting valla history lo yeppudu perganantha okkarojulo 10% pergindi , avsaram ayite daily oka meeting pedtha ilantidi annadu

[afdb002]

[nag_mama]

3 minutes ago, HEROO said:

Singapore PM: virus hit to economy likely worse than 2008 crisis

Singapore PM: virus hit to economy likely worse than 2008 crisis

 

 

2 MIN READ

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SINGAPORE (Reuters) - Singapore’s prime minister warned on Saturday that the negative economic effects of the coronavirus outbreak will likely be deeper and more prolonged than the 2008 financial crisis.

“The economic hit will likely be more serious than the global financial crisis, and longer-lasting too, even beyond the end of the pandemic,” Lee Hsien Loong said in a Facebook post. He said the pandemic will likely last at least this year, and possibly longer.

With 200 infections, the Asian travel hub has signaled that there is a chance of a recession this year and has cut its growth forecasts.

Lee’s comments came a day after Singapore revised its electoral boundaries, in a move usually seen as a precursor to calling a vote.

 

Singapore must hold elections by early 2021. Before the virus hit the Asian city-state late in January, the government had been expected to call a vote within a few months.

 

Lee said the government could hope that the situation will stabilize before the end of its term so that it can hold elections “under more normal circumstances”.

“Or else call elections early, knowing that we are going into a hurricane, to elect a new government with a fresh mandate and a full term ahead of it, which can work with Singaporeans on the critical tasks at hand,” he added.

 

If the elections have to be held before the outbreak is over, he said the government would take necessary precautions for parties to campaign and people to vote.

[Meeku_istha]

@aathcare

[sureshkonda]

July ki mass layoffs start

[Sucker]

1 hour ago, nag_mama said:

no trump tatha cheppadu tana meeting valla history lo yeppudu perganantha okkarojulo 10% pergindi , avsaram ayite daily oka meeting pedtha ilantidi annadu

Nope memu pakka desham PM lu presdient lu chepthe ne nammutham. Thatha yem cheppina maku comedy ne.