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World

Live Coronavirus news updates and full analysis

Powell warns that the economic damage could become permanent as the debate in Congress provides more support. Jerome H. Powell, chairman of the Federal Reserve, issued a stern warning Wednesday that the United States is facing an economic hit “without modern precedent” that could permanently damage the economy if Congress does not provide enough political support to prevent a wave …

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WHO officials warn of “vicious cycle” of economic and health disasters if restrictions are lifted too quickly

Weakening coronavirus restrictions and rediscovering the economy too quickly could lead to a “vicious cycle” of economic and health disasters, the World Health Organization warned on Wednesday. “This is what we all fear is a vicious cycle of public health disaster followed by economic catastrophe followed by public health disaster followed by economic disaster,” said Dr. Mike Ryan, executive director …

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England is at your fingertips from blocking as the economy dives

LONDON (Reuters) – Britain tentatively began easing coronavirus blockades on Wednesday, with some people unable to do work at home calling for a return to work as real economic data show the catastrophic impact of the pandemic. The worst-hit country in Europe, with more than 40,000 deaths from COVID-19, including 275 health and medical workers, has been locked since March …

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Spain’s daily death is slowly declining

The live coverage of this blog is over – but for a current coverage of the coronavirus, visit the blog live by the American CNBC team. Global cases: More than 4.2 million Global deaths: At least 291 366 Most reported cases: USA (1,369,314), Russia (232,243), Spain (228,030), United Kingdom (227,741), Italy (221,216) The above data were collected by Johns Hopkins …

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R number in Germany: Three days over 1.0 are a cause for concern?

BERLIN – When Chancellor Angela Merkel explained “R-nught” or the coronavirus reproduction variable during a press conference last month, she set 1.0 as a key threshold. If the lack of R in Germany remains below 1.0, she said this suggests that active cases are in decline. The figure above 1.0 indicates that the cases are increasing. So when the German …

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