The euro zone is making another attempt at agreeing on new fiscal stimulus to deal with the coronavirus pandemic, after 16 hours of talks earlier this week failed to produce any outcome.
Britain will be hit harder by the coronavirus crisis than any other European country, researchers have predicted, with the U.K. expected to see more than 60,000 deaths from COVID-19.
Currently, more than 70 countries are participating in the World Health Organization (WHO)'s trial to accelerate research on effective treatments, and around 20 organizations are in the race to develop a vaccine, according to WHO Director-General Dr. Tedros Adhanom Ghebreyesus.
The economic impact of the coronavirus pandemic could cascade from a health catastrophe into a financial crisis in countries struggling to cope, Singapore's trade minister warned on Thursday.
According to Charnvirakul, intensive measures announced last month have helped control the spread of the coronavirus but social distancing efforts needed to be stepped up.
Initial optimism was dented this week after leading British scientists revealed that none of the tests they had tried so far were accurate enough to be of any use, NBC News reports.
Birx said the New York metropolitan area, which includes Northern New Jersey, Connecticut and Rhode Island, is still reporting roughly 11,000 new cases a day and that about 40% of all COVID-19 tests are positive.
"This is a moment where business has to be the greatest platform for change," Salesforce CEO Marc Benioff said after donating millions of pieces of personal protective equipment to New York.
President Donald Trump criticized the international agency's response to the outbreak, saying the WHO "really called, I would say, every aspect of it wrong."