(May 4): American business tycoon and philanthropist Warren Buffet says he is optimistic that the ailing US economy can make a comeback from the throes caused by the coronavirus pandemic. 

“Nothing can basically stop America,” said Buffet who is chairman and CEO of Berkshire Hathaway, an investment-holding company. “The American miracle, the American magic has always prevailed and it will do so again”.

The magic was previously seen in the superpower's recovery post historic events such as the Second World War in 1939, the Cuban Missile Crisis in 1969, and the September 11 attacks in 2001, he added.

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