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GlobalData Epidemiologist Report: Global Covid-19 cases continue to rise past 18 million – US, Brazil and India most affected

3 August

Globally, the total confirmed cases of Covid-19 have reached over 18,093,000 with more than 689,000 deaths and 10,700,000 recoveries.

Globally, cases continue to rise as the US, Brazil, and India remain the top three most affected countries.

South America also continues to see increasing numbers of new cases at a high rate.

Incidence rates in South America remain very high with Brazil, Peru, and Chile, all having infection rates of over 13,000 cases per 1,000,000 population.

Sao Paolo has seen the highest number of confirmed cases of any region in the World, putting it ahead of California, Florida, and South Africa.

Topias Lemetyinen, MPH, Managing Epidemiologist at GlobalData

10:15 am

International Update: Global Covid-19 cases exceed 18 million with more than 689,000 deaths – widespread lockdown extensions

3 August

Global: Covid-19 cases have passed 18 million with more than 689,000 deaths according to Johns Hopkins University.

Herd immunity against the coronavirus may take years to develop, Jaap Goudsmit, adjunct professor of epidemiology and infectious diseases at Harvard, said in an interview with Dutch daily De Telegraaf.

US: The United States reported a record 1.87 million cases of Covid-19 in July, more than twice the figure for the previous record month, April, when 860,000 new cases were reported, according to the Johns Hopkins University tracker. May saw 690,200 new infections, while June saw 820,000 cases. US infections are approaching 5 million, with 4,667,957 confirmed.

Mexico: Mexico’s health ministry has reported 4,853 new confirmed coronavirus cases and 274 additional fatalities, bringing the total in the country to 439,046 cases and 47,746 deaths, according to Reuters news agency.

Brazil: Brazil has recorded 25,800 additional confirmed cases and 541 deaths in the past 24 hours, according to Reuters. The country has registered more than 2.73 million cases of the virus since the pandemic began, while the official death toll has risen to 94,104 as of the end of Sunday, according to the ministry data.

India: India reported nearly 55,000 new coronavirus cases on Sunday, down from the previous day’s record of 57,118. At least 37,364 people have died in India during the pandemic so far.

Vietnam: Vietnam is rushing to build a 700-bed makeshift hospital to cope with an outbreak in the central city of Da Nang, as the health minister warned the current strain of the virus is more contagious than those previously seen in the country.

China: The number of new Covid-19 cases in China’s far north-western region of Xinjiang continue to fall, with 28 reported on Monday. China reported 43 new cases nationwide, seven of them imported and eight in the north-eastern province of Liaoning.

Seven Chinese health officials arrived in Hong Kong on Sunday, the first of a 60-person team that will carry out widespread Covid-19 testing in the territory as it races to halt another wave.

UK: Millions of Covid-19 tests – which can offer results in 90 minutes and do not need to be administered by a health professional – will be rolled out to British hospitals, care homes and laboratories in the coming months, Reuters quoted health secretary Matt Hancock as saying.

Germany: The number of confirmed coronavirus cases in Germany increased by 509 to 210,402, Reuters reported on Monday, quoting the Robert Koch Institute (RKI) for infectious diseases. The reported death toll rose by seven to 9,148, the tally showed.

South Korea: South Korea has confirmed 23 new cases – 20 from overseas and three local transmissions – amid a downward trend in the number of locally infected patients, AP reported. The cases announced on Monday by the Korea Centers for Disease Control and Prevention took the country’s total to 14,389 cases and 301 deaths.

Italy: The number of new confirmed cases of the coronavirus in Italy nudged lower to 239 in the last 24 hours, while eight deaths were recorded in Lombardy, the epicentre of the country’s epidemic.

Singapore: Singapore’s Ministry of Health confirmed an additional 75 cases of Covid-19 infection, of which six are imported and 69 are local cases who have no recent travel history abroad.

Sweden: Sweden must expect to count its dead from the coronavirus in the “thousands,” Prime Minister Stefan Lofven said in an interview in Dagens Nyheter. The biggest Nordic economy, which has opted for less restrictive measures than many countries in the fight against the pandemic, has had more than 330 deaths after confirmed cases topped 6,000 this week.

Lockdown updates

Australia: Residents in the city of Melbourne will be subject to an overnight curfew for the next six weeks, and be banned from travelling more than 5km to go shopping or to exercise, as Victoria attempts to get the number of new coronavirus cases under control. Premier Daniel Andrews announced that from 6pm on Sunday, residents in the Melbourne metropolitan area would be under curfew for six weeks until 13 September.

Spain: Spanish Prime Minister Pedro Sanchez announced plans to extend the country’s lockdown by two weeks until 25 April. “I understand it’s difficult to extend the effort and sacrifice two more weeks,” Sanchez said in a televised speech. “These are very difficult days for everyone.” A longer lockdown would be subject to cabinet and legislative approval.

UK: A major incident has been declared in Greater Manchester in England in response to increases in coronavirus infection rates across “multiple localities”.

UK prime minister Boris Johnson is considering new lockdown measures in England should there be a second wave of coronavirus infections. Plans are being assessed after a rise in Covid-19 cases forced the prime minister to slow the lockdown easing on Friday, with proposed relaxations for the leisure and beauty sectors delayed.

Greece: Greece is extending its national lockdown, with restrictions on movement, until early April 27, Deputy Citizen Protection Minister Nikos Chardalias said. The country introduced a total lockdown on 22 March after moving quickly to put in place restrictions following the first confirmed case on 26 February. Greece so far has 1,673 cases and 68 deaths.

Singapore: Singapore will make some incoming travellers wear an electronic monitoring device to ensure compliance with coronavirus quarantines as the city-state gradually reopens its borders.

Honduras: Honduras will extend its curfew for another week in an effort to curb the pandemic. Honduras first imposed a curfew, which is in effect daily between 5pm and 7am, in March.

UAE: Dubai imposed further restrictions on the movement of people and halted metro services as the Middle East’s business hub seeks to limit the spread of the coronavirus.

9:28 am

Covid-19 vaccines must be distributed globally to tackle the pandemic

3 August

Development efforts towards Covid-19 vaccines are going at a fast pace but doubts remain on the worldwide availability of them.

Hoarding of vaccines and lack of cooperation to distribute them may further complicate the efforts to control the pandemic. A coordinated effort towards distribution of vaccines is needed.

Chad P. Bown, senior fellow at Peterson Institute for International Economics, shared a video on the need for cooperation when it comes to vaccination.

As pharmaceutical companies continue to carry out research into the development of a vaccine for Covid -19, uncertainty remains on the availability once a viable vaccine is discovered.

Every country in the world may not be able to produce these vaccines particularly developing countries.

Further, sufficient doses of vaccines may not be available in the beginning leading to hoarding of vaccines.

The video highlights the need for a coordinated effort to distribute vaccines equally to curb the spread of the disease.

With all the countries interdependent on one another for their economic growth, it is essential to distribute the vaccines and reduce the economic damage caused by the disease.

Read more

1:30 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 17.3 million – daily incident rates rising in India

31 July

Globally, the total confirmed cases of Covid-19 have reached over 17,322,000 with over 673,000 deaths and 10,155,000 recoveries.

The Central and South American region remains a global hotspot for Covid-19, with five countries in the region among the top ten highest daily incident rates globally.

Mexico has consistently reported over 6,500 new confirmed cases of Covid-19 per day.

In addition, Panama is ranked number one in terms of per capita daily incident rates globally.

India has surpassed Brazil in terms of daily incident rates and is now ranked second globally behind the United States.

India reported over 49,000 new confirmed cases of Covid-19 yesterday and overall has over 1,638,000 confirmed cases to date.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology  at GlobalData

9:54 am

International Update: Global Covid-19 cases pass 17.3 million – infections rising in US mid West – US deaths pass 152,000

31 July

Global: World wide Covid-19 cases have passed 17.3 million, with more than 673,000 deaths according to Johns Hopkins University. US cases are nearing 4.5 million.

The World Health Organization has warned that spikes in coronavirus transmission in a number of countries were being driven by young people “letting down their guard”. “Young people are not invincible,” WHO chief Tedros Adhanom Ghebreyesus told a virtual news conference in Geneva on Thursday.

Countries have made “a deep under investment in public health infrastructure,” said Mike Ryan, head of the World Health Organization’s Health Emergencies Program. Ryan said he was surprised by countries’ unpreparedness for the contact tracing and testing that would be necessary.

US: Coronavirus infections appear to be picking up in the Midwestern United States, the coordinator of the White House Coronavirus Task Force said. According to Fox News, the coronavirus outbreak is “moving up” into Ohio, Kentucky, Tennessee, Missouri, Kansas and Nebraska from the south “because of vacations and other reasons for travel.

California recorded 194 new virus deaths, second only to the 197 reported Wednesday and above the 14-day average of 112. Total fatalities now number 9,026.

India: India’s death toll climbed to 35,718, surpassing fatalities in Italy, the former European epicentre of the coronavirus epidemic.

Mexico: Mexico’s health ministry posted 639 new deaths from coronavirus on Thursday bring the country’s toll to 46,000, almost the same as the United Kingdom which has the third-highest death toll worldwide from the pandemic.

Argentina: Argentina posted a record daily increase of 6,377 new cases, bringing the country’s total to 185,373. There were 130 new deaths, taking the death toll to 3,441.

Japan: Japan does not need to reimpose a state of emergency chief cabinet secretary, Yoshihide Suga, said on Friday, reiterating the government’s stance amid a surge in new infections across the country. The country reported a record high for new cases for the second day in a row on Thursday with at least 1,274 cases, including a record 367 in Tokyo.

Vietnam: Vietnam has reported 45 new coronavirus infections in the city of Danang, marking the country’s biggest single-day jump in cases, as the health ministry sent more health experts to the central city in a bid to combat the outbreak.

China: Hong Kong reported a new daily record of coronavirus cases, logging 149 more infections by Thursday end. Amid the rise in cases, authorities reversed a ban on indoor dining, along restaurants to operate under limited hours and with limited capacity.

Iran: Iran’s government ignored repeated requests from senior prison officials for help in containing coronavirus in the country’s overcrowded jails, according to Amnesty International.

Australia: Victoria reported 627 new cases in the past 24 hours, a day after suffering a record 723 additional infections. There were eight more deaths.

Lockdown updates

UK: New restrictions have come into force in the north of England, including people not being able to mix with other households. The measures apply in Greater Manchester, West Yorkshire and East Lancashire after an increase in cases. Households may go to hospitality, for instance, bars and pubs, but new guidance will make clear that two households should not go to hospitality together.

France: Some French cities are expected to introduce additional face mask requirements. From Friday in Orleans, in central France, masks will be required in open-air markets and after 9:00pm along the Loire river, where crowds of people have been gathering in the evenings. The mayors of Bayonne and the nearby Atlantic resort of Biarritz also announced that face masks would be compulsory in their city centres starting next week.

China: China tightened travel restrictions in Urumqi, the capital of Xinjiang province, requiring people arriving in the city from regions deemed to have high infection risks to undergo a two-week quarantine.

Philippines: President, Rodrigo Duterte, says restrictions in the capital Manila will remain until mid-August. He also announced free vaccines to combat a surge in infections that has overwhelmed health care workers and facilities. President Duterte extended quarantine restrictions, limiting movements of the elderly and children, and the operations of businesses from restaurants to gyms.

Indonesia: The resort island of Bali has reopened to domestic tourists after an almost four-month lockdown for the coronavirus pandemic.

Botswana: Botswana’s capital city Gaborone has returned to a two-week lockdown to stem its latest surge in coronavirus infections.

Economy updates

US: The US economy shrank by an annual rate of 32.9% between April and June, its sharpest contraction since demobilisation following WW2, government figures revealed on Thursday.

Southeast Asia: Is on the brink of a “socio-economic crisis” caused by the Covid-19 pandemic that could reverse decades of poverty reduction, the United Nations has warned.

8:32 am

Covid-19 may need multiple vaccinations

31 July

Several pharmaceutical companies are racing to develop a vaccine for the Covid-19 virus that has wreaked havoc on the world economy.

While one shot of the vaccine was initially thought to provide immunity against the virus, reports are now emerging that two or more annual vaccinations may be required.

Daniel Lacalle, an economist and author, shared an article on AstraZeneca CEO’s concerns that the unpredictable nature of the Covid-19 virus may require annual vaccinations.

AstraZeneca is currently working on a vaccine in partnership with the Oxford University, which has produced a positive immune response in early stage human clinical trials.

Based on the technology used for developing a vaccine for SARS 1, the immunity provided by the vaccine may last for only 12 to 18 months.

The exact required vaccination period is not known due to the unpredictable nature of the virus.

In other news, Ludovic Subran, chief economist at Allianz, shared an article on a surge in insolvencies in the second quarter of 2020 across the world.

Approximately 147 companies with a turnover of more than €50m ($56.2m) went insolvent during the quarter.

Read more

1:36 pm

GlobalData Epidemiologist Report: Global Covid-19 deaths pass 667,000 – daily infection rates falling in US

30 July

Globally, the total confirmed cases of Covid-19 have reached over 17,054,000 with over 667,000 deaths and 9,964,000 recoveries.

The United States fell to ranking seventh globally in terms of per capita daily incident rates, however, the United States is still ranked number one in terms of cumulative incidence.

Florida has surpassed New York and is now ranked as the second state with the highest number of confirmed Covid-19 cases, reporting over 451,000 confirmed cases.

South Africa reported over 7,200 new confirmed cases of Covid-19 yesterday and over 7,000 new confirmed cases of Covid-19 on Tuesday.

These are the two lowest daily incident rates reported by South Africa since the beginning of July.

However, South Africa still remains as ranking fourth in cumulative incidence rates globally.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

9:45 am

International Update: World wide Covid-19 cases pass 17 million – second wave hits Japan – surge continues in Latin America

30 July

Global: World wide Covid-19 cases have passed 17 million, with more than 667,000 deaths according to Johns Hopkins University. US cases now exceed 4.4 million while Brazil now has more than 2.5 million infections.

US: The United States continues to have by far the highest number of Covid cases and deaths in the world, as the country passed 150,000 fatalities late on Wednesday, according to Johns Hopkins University figures. California, Texas and Florida each reported record daily increases in deaths from Covid-19 Wednesday.

With US cases and deaths continuing to climb, researchers at Johns Hopkins University are calling for a “reset” of the country’s coronavirus response.

Mexico: Mexico reported 5,752 more Covid-19 infections, according to Health Ministry data, as cases continue to surge in Latin America. The country’s death toll rose by 485 to 45,361 – with Mexico set to overtake the UK as the hot spot with the third-highest number of deaths worldwide from the virus.

Australia: Australia has reported a record rise in coronavirus infections and deaths, with the state of Victoria announcing more than 700 new cases and 13 deaths, as the state continues to battle significant outbreaks in the aged care sector and among healthcare workers.

Brazil: Brazil’s outbreak set a national daily record on Wednesday with 69,074 new confirmed cases and 1,595 related deaths.

Ukraine: Ukraine reported a record daily high of 1,197 new coronavirus cases on July 30, the country’s council of security and defense said.

Japan: Japan is bracing for a surge in the number of coronavirus infection after fresh cases exceeded the 1,000 mark for the first time. Tokyo confirmed 367 new coronavirus infections, national broadcaster NHK said, topping the previous record of 366 cases on 23 July.

Vietnam: Authorities in Hanoi, the Vietnamese capital, say they will test some 21,000 people who recently returned from Danang where an outbreak of coronavirus was confirmed last weekend.

Papua New Guinea: An Australian medical emergencies team has been deployed to Papua New Guinea where the outbreak has deteriorated in recent days. AFP news agency says the country’s pandemic response centre was closed yesterday after a senior adviser was diagnosed with the virus, and the health minister is also being tested.

China: China has reported 105 new coronavirus cases in the mainland, up from 101 cases a day earlier. The National Health Commission says 96 of the new cases were confirmed in the far western region of Xinjiang, while five were in the northeastern province of Liaoning, one in Beijing, and three imported cases.

Germany: Germany recorded the highest number of new coronavirus cases in about six weeks, while the country’s infection rate remained just above the key threshold of 1.0.

Pakistan: Pakistan announced that it had added 1,063 new cases, for a total of 276,288. Its Health Ministry said the country’s death toll had reached 5,892. In South-East Asia, Thailand reported six new cases, bringing its total to 3,304.

Lockdown updates

Italy: The Italian Government extended the duration of the Covid-19 emergency decree to from 31 July to 15 October, according to an emailed statement.

Economy updates

US: It seems that talks between United States congressional leaders and the White House on a next round of coronavirus spending have stalled as the clock ticks down on measures that banned evictions and boosted unemployment benefit payments.

Denmark: Danish firms have been reluctant to tap a government aid package that provides funds to cover fixed costs for those hurt by virus-induced lockdown, the Berlingske newspaper reported. So far they have only tapped 3.1 billion kroner ($500 million) of the 65.3 billion kroner allotted, the report said, citing government data.

8:19 am

The US needs to borrow – but lenders may be hard to find

30 July

The global economy earlier lent money to the US enabling the country to manage its public debt.

However, with the majority of the countries facing economic turmoil due to the Covid-19 pandemic, the US may not find lenders so easy to come by.

Brian Riedl, senior fellow at the Manhattan Institute shared an article on the rising national debt.

The Covid-19 pandemic and the subsequent stimulus packages has led to the increase in national debt in 2020 to $4tn.

By 2030, the national debt held by the public is expected to reach $41tn without accounting any additional stimulus packages planned to be announced.

The article questions as to who will lend the government the trillions of dollars, which is expected to create an unprecedented burden.

The Federal Reserve may have to continue buying government debt in the future.

In other news: The US government is considering a proposal to reduce the $600 per week unemployment benefits to $200 per week until October.

Read more

3:59 pm

GlobalData Epidemiologist Report: Eastern Mediterranean region a hotspot as global coronavirus cases near 16.8 million

29 July

Globally, the total confirmed cases of Covid-19 have reached over 16,770,000 with over 658,000 deaths and 9,769,000 recoveries

The Eastern Mediterranean region remains a hotspot for Covid-19, particularly in terms of per capita daily incident rates.

Oman is currently averaging more than 250 new cases per day per million population. Many countries in the region are reporting more than 1,000 new cases per day including Iran, Saudi Arabia and Pakistan.

Colombia reported over 8,100 new confirmed cases of Covid-19 yesterday, its third highest daily incident rate to date.

The country remains ranked as number fifth globally in terms of daily incident rates.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology  at GlobalData

10:51 am

International Update: Global Covid-19 cases pass 16.7 million as deaths exceed 660,000 – vaccine expected by December

29 July

Global: Global coronavirus infections passed 16.7 million, according to Johns Hopkins university. Global deaths from Covid-19 now exceed 660,000.

The WHO says the Covid-19 pandemic is “one big wave”, not seasonal. It warned against complacency in the northern hemisphere summer since the infection does not share influenza’s tendency to follow seasons.

US: Florida reported another record one-day rise in coronavirus deaths on Tuesday, and cases in Texas passed the 400,000 mark, fuelling fear that the United States is still not taking control of the outbreak and adding pressure on Congress to pass another massive economic aid package.

China: China’s National Health Commission has reported 101 new cases – up from 68 previously – the highest since mid-April. Of the new cases, 89 were found in the far western region of Xinjiang where mass testing is underway.

Australia: Victoria recorded 295 new cases of coronavirus and nine more deaths. It was a reduction of 89 from yesterday’s figure of 384, which in turn was 150 fewer than were recorded in the record high numbers on Monday. Nine people have died, which is close to the national record ten deaths reported in the state last week.

India: Over half the people living in Mumbai slums have had Covid-19, according to a city-commissioned study. Blood tests on 6,936 randomly selected people found that 57% of slum-dwellers had virus antibodies.

Germany: An urgent track and trace operation is underway in Berlin after a couple tested positive for coronavirus after returning from Manchester. 50 people who have had contact with the couple since their return are in quarantine, of whom 13 have so far tested positive.

Vietnam: The Vietnamese government is warning authorities in Hanoi to prepare for a potential coronavirus outbreak. The warning follows local media reports that a person working at a pizza restaurant in the capital had tested positive for the virus.

Japan: Mortality across Japan dropped by 3.5% in May from a year earlier, with the nation recording a total of 108,380 deaths from any cause, data released Tuesday by the nation’s Health Ministry show.

Vaccine news

US: “It’s a reasonable statement to make that by December we’re going to have a safe and effective vaccine,” Anthony Fauci, the US’s top infectious disease expert, said on a webcast with American Federation of Teachers President Randi Weingarten.

Lockdown updates

Hong Kong: Hong Kong’s chief executive, Carrie Lam, has sounded an alarming warning over the city’s health system. With the new wave of mostly locally transmitted infections, Hong Kong was “on the verge of a large-scale community outbreak which may lead to a collapse of our hospital system and cost lives, especially of the elderly”, she said. This came as the city’s strictest anti-virus measures yet came into force today, as it recorded its seventh consecutive day with case numbers in the triple figures and the government faced backlash over its extensive quarantine exemptions.

New Zealand: New Zealand’s government announced it will start charging some travellers for the cost of their two-week stay in quarantine. The announcement comes as the country recorded two new cases of Covid-19, both diagnosed in returning travellers to the country who are quarantined in managed isolation facilities.

New Zealand’s national airline, Air New Zealand, has frozen all new ticket bookings to Australia until 28 August. In a statement, the airline said the hold was due to Australian government restrictions on the number of passengers arriving in the country.

Spain: Spain insisted it was still a safe destination for tourists despite tackling 361 active outbreaks and more than 4,000 new cases. Several countries have nonetheless imposed quarantines on people returning from Spain, including its biggest tourist market, Britain.

Italy: Italy extended its state of emergency until October. This means the prime minister will continue to have the power to impose a lockdown and other safety measures without needing the approval of parliament.

Economy updates

Global: Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry has said.

Aid group Doctors Without Borders (Medecins Sans Frontieres, or MSF) is urging the US diagnostics firm Cepheid to “refrain from profiteering off of the pandemic” and cut the price of its Covid-19 tests (Xpert Xpress SARS-CoV-2) to $5 per test, from the nearly $20 it currently charges in the world’s poorest countries.

US: Republicans and Democrats in the United States Congress are divided over a $1 trillion coronavirus aid package that Republicans announced on Monday.

7:50 am

Why economic stimulus packages need to focus on future growth

29 July

As the US government deliberates on the next stimulus package, experts urge the need for a sustainable fiscal policy that can promote economic growth.

Mohamed A. El-Erian, chief economic adviser at Allianz, shared an article on his outlook for the US economy.

He noted that policy makers should not repeat the same solutions to deal with the economic crisis caused by the Covid-19 pandemic.

The solutions should rather focus on promoting economic growth in the future.

The US economy showed signs of recovery in June as retail and home sales increased but later flattened out as lockdown restrictions were re-imposed.

El-Erian noted that the government should offer more money to states to cover the revenue lost due to the pandemic.

He also noted that testing and healthcare should be improved to bring the infection rate under control.

In other news: Unemployment levels have been rising across the world impacting the earnings of the future generations.

Gregory Daco, chief US economist at Oxford Economics, shared an article on how the pandemic is expected to impact the earnings of future generations in Canada.

The unemployment rate for youth increased from 10.3% in February to a historical high of 29.4% in May.

The current year’s high school, college and bachelor degree graduates are expected to lose approximately $25,000 or more over the next five years.

Read more

2:12 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 16.5 million – five day average increases in Brazil, India, Mexico, South Africa

28 July

Globally, the total confirmed cases of Covid-19 have reached over 16,500,000 with over 654,000 deaths and 9,590,000 recoveries.

The five day average of daily confirmed Covid-19 cases has decreased in the United States, Peru, Colombia and Russia.

However, the five day average of daily confirmed Covid-19 cases has increased in Brazil, India, Mexico and South Africa.

Iran has reported over 293,000 confirmed cases of Covid-19, ranking tenth globally for the highest number of confirmed cases.

The number of deaths per day has been steadily increasing throughout July, and yesterday Iran reported 216 deaths, a 10.77% increase in deaths from the day prior.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

9:41 am

International Update: Global Covid-19 deaths pass 650,000 – infections near 16.5 million – Google to keep work from home in place until July 2021

28 July

Global: Global coronavirus deaths passed 650,000 as new surges prompt fresh curbs. More than 100,000 deaths have been recorded since 9 July, and the global toll has doubled in just over two months. Infections are rapidly nearing 16.5 million world wide.

The UN says nearly seven million more children will suffer growth stunting as a result of the coronavirus pandemic affecting food supplies. Writing in The Lancet, a team of experts modelled the impact on 118 poor and middle-income countries. They found the prevalence of moderate or severe wasting among children under five would increase by 14.3 percent, which works out to an extra 6.7 million cases.

Philippines: The Red Cross in the Philippines is urging people to be more vigilant as Covid-19 cases in the country jump by more than a thousand each day.

China: Mainland China has reported 68 new cases of coronavirus, with 64 of them locally transmitted. 57 of the local cases were diagnosed in the far western region of Xinjiang, according to state media.

Australia: The state of Victoria has reported 384 new cases of coronavirus and six deaths in the past 24 hours. On Monday, the state reported a record 532 cases.

Lockdown updates

US: Google employees will keep its employees home until at least July 2021, the Wall Street Journal reported, marking the largest tech firm to commit to such a timeline in the wake of the coronavirus pandemic.

UK: Britain’s decision to impose a two-week quarantine on people travelling from Spain is unfair, Spanish PM Pedro Sánchez said. He added that the Spanish government is in touch with British authorities in a bid to get the country to reconsider its position.

Lebanon: Lebanon re-imposed severe Covid-19 restrictions for the next two weeks. It has shut places of worship, cinemas, bars, nightclubs, sports events and popular markets, after a sharp rise in infections.

Economy updates

South Africa: The International Monetary Fund approved $4.3bn in aid to South Africa to help it fight the coronavirus pandemic. The country’s finance minister, Tito Mboweni, in June predicted the economy would shrink 7.2% in 2020, its deepest slump in 90 years.

7:50 am

US fiscal aid delays could make 28 million homeless – countries struggle to control second wave of Covid infections

28 July

Rising unemployment rates, end to unemployment benefits and surge in Covid-19 cases may soon leave people homeless in the US.

Sudeep Reddy, managing editor at Politico, shared an article on how the recession induced by the Covid-19 pandemic is causing a housing crisis that is worse than the 2008 crisis.

Approximately 50% of tenants in the US have been burdened by rent during pandemic.

The situation has mainly resulted because fiscal aid applications for unemployment benefits are not being cleared quickly.

As a result, one third of US households have not been able to make their full housing payments for July.

By October, more than 28 million people in the US may be evicted if action is not taken.

In other news, economist Christophe Barraud, shares an article on how the several countries are struggling to control a second wave of Covid-19 infections and are imposing fresh lockdowns.

Read more

1:50 pm

GlobalData Epidemiologist Report: Global Covid-19 deaths near 650,000 – US records more than 65,000 infections in a day

27 June

Globally, the total confirmed cases of Covid-19 have reached over 16,264,000 with over 648,000 deaths and 9,407,000 recoveries

The United States, Brazil and India are ranked as the top three countries globally with the highest daily incident cases.

The United States reported over 65,000 new confirmed Covid-19 cases yesterday and over 900 deaths.

Brazil reported over 51,000 new confirmed cases of Covid-19 cases yesterday and over 1,200 deaths.

India reported over 48,000 new confirmed Covid-19 cases yesterday and over 700 deaths.

Russia continues to report a steadily declining daily rate of incident cases.

However, Russia is still ranked as the seventh highest number of daily incident cases globally and the fourth highest confirmed Covid-19 cases globally, reporting over 811,000 confirmed cases.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

9:49 am

International Update: Global Covid-19 cases pass 16.2 million – US suffers 1,000 Covid related deaths for five straight days as cases pass 4.2 million

27 July

Global: Global Covid-19 cases passed 16.2 million. Cases climbed by over 250,000 for four straight days, with the total deaths currently 648,937, according to the Johns Hopkins University tracker.

US: The US has suffered more than 1,000 deaths a day from Covid-19 for five days running, as cases surge in southern and western states, the national caseload nears 4.2 million and the death toll approaches 150,000.

Brazil: Brazil has registered an additional 555 deaths attributable to the novel coronavirus over the last 24 hours and another 24,578 confirmed cases, Reuters reported, quoting the country’s health ministry.

India: India has for the first time recorded over 50,000 cases in one day. The Times of India reported that India’s one-day case total was higher than 50,000 for the first time on Sunday, taking the country’s total to 1.4 million cases – the third-highest worldwide.

Mexico: Mexico’s Health Ministry has reported 5,480 new confirmed cases of coronavirus infection and 306 additional fatalities, bringing the total in the country to 390,516 cases and 43,680 deaths.

China: China recorded 61 new coronavirus cases on Monday – the highest daily figure since April, propelled by clusters in three separate regions that have sparked fears of a fresh wave. The bulk of 57 new domestic cases were found in the far northwestern Xinjiang region, where a sudden outbreak in the regional capital of Urumqi occurred in mid-July.

Australia: Australia saw its highest one-day case increase of the pandemic so far, after the state of Victoria recorded 532 new cases, along with six more deaths of people aged in their 50s to 90s. In addition, New South Wales recorded 17 new cases, about average for the last week. Of the new cases, eight are international travellers in hotel quarantine.

New Zealand: New Zealand reported another day with no new cases of Covid-19 – the third day in a row. All of the country’s 21 active cases of the virus were diagnosed in travellers returning to the country, all of whom are quarantined in government-managed isolation facilities.

Papua New Guinea: Coronavirus cases in Papua New Guinea have nearly doubled in a weekend, with the emerging pandemic threatening to overwhelm the country’s already-fragile healthcare system.

Afghanistan: The number of confirmed infections to Covid-19 has passed 36,000 in Afghanistan as the death toll in Kabul topped 500, amid rising concerns about a second wave of the pandemic over the upcoming Eid celebration.

Spain: Spain’s Covid-19 death toll could be 60% higher than the official figure. An investigation by Spanish newspaper El País, in which reporters counted regional statistics of suspected, as well as confirmed fatalities, reached a total of 44,868 deaths.

Germany: The number of confirmed coronavirus cases in Germany increased by 340 to 205,609, Reuters reported on Monday quoting data from the Robert Koch Institute (RKI) for infectious diseases.

South Korea: South Korea’s new coronavirus cases have fallen back to below 30 as imported cases dwindled from a record high over the weekend, according to Yonhap news agency.

Serbia: Serbia has reported a record number of daily cases of the new coronavirus, according to AP news agency. Health authorities said that 467 people have tested positive for the virus in the past 24 hours, the highest number since the start of the outbreak. They said eight people have died.

Lockdown updates

US: The co-ordinator of the White House’s coronavirus task force, Dr Deborah Birx, told reporters in Kentucky on Sunday that that federal health officials recommend that five US states – Kentucky, Indiana, Ohio, Tennessee and Virginia – “close their bars, cut back indoor restaurant capacity and limit social gatherings to ten people,” the Louisville Courier Journal reports, as well as recommending that “100%” of people wear masks when they are in public.

Spain: Spain is in talks with the UK about exempting the Canary and Balearic Islands from strict quarantine rules.

UK: From midnight on Sunday, travellers returning from Spain to the UK have been forced to quarantine for 14 days, following a surge of cases in the country.

Germany: Some 500 workers are in quarantine on a large Bavarian farm to contain a mass coronavirus outbreak, German officials said, as they announced free Covid-19 tests for local residents. A total of 174 seasonal workers have tested positive for the virus since Friday.

Morocco: Morocco will stop people entering and leaving some of its biggest cities from midnight to contain a surge in coronavirus cases, the interior and health ministry said on Sunday.

North Korea: North Korea has declared a state of emergency in a border town over a suspected coronavirus case. State news agency KCNA said leader Kim Jong Un also imposed a lockdown in Kaesong after a person who illegally crossed the border from South Korea displayed symptoms of the virus.

Vietnam: Vietnam will evacuate 80,000 tourists from the city of Danang, the government announced in a statement, following the discovery of four locally transmitted coronavirus cases over the weekend – the first cases in the country for 99 days.

Austria: The popular resort town of St Wolfgang, Austria, has ordered restaurants and clubs to close early and urged people to avoid going out as it grapples with a new outbreak of the coronavirus.

Economy updates

Japan: Japan’s economy minister says the government will urge businesses to aim for 70 percent telecommuting and enhance other social distancing measures amid a rise in coronavirus cases among workers, some infected during after-work socialising, Reuters news agency reported.

 

8:00 am

US needs additional financial stimulus to recover from Covid-19 downturn

27 July

Additional stimulus to deal with the impact of the Covid-19 pandemic in the US will be required over the next few years.

Sectors such as child care have been impacted by the pandemic leaving parents vulnerable to lower incomes in the future.

John Van Reenen, professor at MIT Economics, shared an article on the next stimulus package being considered by the US government.

Although politicians project that the US economy may require $3tn in stimulus, macroeconomists highlight the need to incorporate automatic fiscal stabilisers.

Unemployment benefits under the CARES Act are set to end in July although experts have called for an extension of the benefits.

As jobs are yet to return to normal levels, unemployment benefits are essential to protect households from bankruptcy.

Meanwhile, Anthony DeRosa, a journalist, shared an article on the impact of the Covid-19 pandemic on the child care system in the US.

The article notes that the economic impact of the collapse of the system will be visible for the next 20 to 30 years, and that more stimulus was injected to save airlines rather child care.

Read more

1:29 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 15.5 million – numbers rising in South Africa – increasing infections in nine US states

24 July

Globally, the total confirmed cases of Covid-19 have reached over 15,526,000 with over 633,000 deaths and 8,873,000 recoveries

In the United States, Florida and Texas are both now averaging more than 100 deaths per day and Arizona is averaging more than 80 deaths per day.

Notably, Arizona is reporting more than 1.1 daily deaths per 100,000 population which is more than double the current rate in Florida and Texas.

Other states that continue to report an increase in incident cases are Alabama, Georgia, Louisiana, Maryland, Tennessee, Virginia and Washington.

South Africa remains as ranking fifth for the highest number of confirmed Covid-19 cases globally, reporting over 408,000 cases.

Additionally, South Africa is ranked fourth globally for total daily incident cases.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology  at GlobalData

9:48 am

International Update: Global Covid-19 cases pass 15.5 million – US infections exceed 4 million – more than 633,000 deaths world wide

24 July

Global: There now more than 15.5 million known Covid-19 cases worldwide, according to Johns Hopkins University, and over 633,000 deaths.

US: The US surpassed four million coronavirus cases on Thursday, after more than 1,100 new Covid-19-related deaths were reported in a single day on Wednesday for the first time since late May.

UK: Former UK prime minister Tony Blair believes coronavirus will not be eliminated. He urged the UK government to focus on containment measures to see the country through a second wave.

South Africa: President Cyril Ramaphosa says the country’s coronavirus cases have risen to over 400,000.

Australia: The state of Victoria has reported 300 new coronavirus cases and six deaths, a record one-day number of fatalities for the state. Yesterday’s numbers were 484 new cases and five deaths, three of which were connected to aged care clusters.

China: China reported 21 new coronavirus cases in the mainland for July 23, down from 22 cases a day earlier. Of the new infections, the National Health Commission said 13 were in the far western region of Xinjiang and two were in Dalian city in the northeastern province of Liaoning. The remaining six were imported cases.

Lockdown updates

China: The port city of Dalian in Liaoning province, home to nearly six million people, will introduce a wave of coronavirus testing to stamp out a small cluster of cases, authorities said, with state media reporting communities will be locked down.

South Africa: President Ramaphosa said the cabinet has decided that all public schools should be closed for the next four weeks from Monday with some exceptions.

Japan: Senior Olympic official John Coates has reiterated that Tokyo must stage a simplified summer Games next year with the health and safety of athletes the most important consideration in the planning, Reuters reports.

Economy updates

Global: The devastating economic toll the coronavirus crisis is taking around the world could spark huge waves of fresh migration once borders reopen, the head of the Red Cross warned in an interview with AFP.

Costa Rica: The Central American Bank for Economic Integration approved a $300m loan to Costa Rica to help stabilise the local economy, which has been hit hard by restrictions aimed at containing the new coronavirus.

Turkey: Turkey’s parliament approved a law allowing President Recep Tayyip Erdogan to extend a layoff ban imposed to combat the economic impact of the coronavirus pandemic.

 

8:05 am

Unemployment rising in US as bankruptcy threats increase

24 July

The US government is yet to decide on the whether to continue the federal Paycheck Protection Program.

Lack of aid from the government may push companies into bankruptcy and increase unemployment rates, macroeconomic influencers share their views on the Covid -19 impact.

Prof. Steve Hanke, economist at Johns Hopkins University, shared an article on an expected surge in bankruptcy cases in the US due to the Covid-19 pandemic.

Decline in consumer demand, social distancing rules and lack of government support is hurting the operations of small and medium businesses.

More than 3,400 companies filed for Chapter 11 bankruptcy protection during the first half of the year, with economists warning of more to come once the federal Paycheck Protection Program aid ends.

A Goldman Sachs survey among more than 1,100 businesses has found that 84% of them will not have sufficient cash flow to keep operations going.

Meanwhile, Heather Long, economics correspondent at Washington Post, tweeted about unemployment statistics in the US.

She added that 1.4 million new unemployment aid applications were filed during the last week of July, which is an increase of 109,000 from the previous week.

Long noted the surge in the number of unemployment applications filed is an indication that layoffs are on the rise.

Read more

2:05 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 15.26 million – five day new case averages for Argentina and Colombia increasing

23 July

Globally, the total confirmed cases of Covid-19 have reached over 15,256,000 with more than 624,000 deaths and 8,670,000 recoveries

Central and South America remain an epicenter for Covid-19.

However, the five day average of new confirmed Covid-19 cases in Brazil, Mexico and Chile has decreased.

The five day average of new confirmed Covid-19 cases in Colombia and Argentina, on the other hand, has increased.

Pakistan is ranked eleventh globally for number of confirmed Covid-19 cases, reporting over 269,000 confirmed cases.

However, the five day average of new confirmed Covid-19 cases in Pakistan has decreased.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

9:53 am

International Update: Global Covid-19 cases pass 15.2 million – Hong Kong facing third wave of infections – Kashmir introduces strict lockdown

23 July

Global: The number of coronavirus cases worldwide passed 15.2 million on Thursday, according to the Johns Hopkins University tracker, which relies on official government data. Known coronavirus deaths number 623,507.

US: The state of California recorded its highest number of new cases in a single day, as the state surpasses New York for the greatest total of cases in the country.

South America: Brazil and Argentina have both registered new daily records for confirmed coronavirus cases. Brazil confirmed 67,860 cases on Wednesday, while Argentina recorded 5,782 cases. Both countries also reported more deaths from the disease, while Peru added 3,688 previously uncounted people to its death toll lifting the total to 17,455.

South Africa: South Africa on Wednesday announced a record 24-hour increase of 572 coronavirus deaths, bringing its total number of fatalities to 5,940, AFP reports. The country is the worst-affected in Africa and among the top five in the world in terms of confirmed cases, with 394,948 infections reported to date.

Australia: Victorian state premier Daniel Andrews says the state has recorded 403 new cases overnight and five new deaths. The cases figure is down from yesterday’s record increase of 484.

China: China’s National Health Commission has reported 22 new cases of coronavirus on the mainland, most of them in the far western region of Xinjiang where mass testing is underway.

Three cases linked to a seafood processing plant have emerged in Dalian, China, weeks after traces of the virus were found on shrimp packaging in the city. The local government has quarantined and tested employees from two related companies amid concern about virus transmission on food packages.

Hong Kong reported a record 113 new cases for Wednesday, in a continuing third wave of Covid-19 infections, including a large proportion of which are unsourced. In addition, Hong Kong’s government issued a statement on Wednesday correcting the number of imported cases to 11 from eight, making the number of local infections 102 rather than 105.

Papua New Guinea: Papua New Guinea has called on the WHO for help citing a “high likelihood of expanded community transmission”.

Japan: Around 360 new coronavirus cases were found in Tokyo on Thursday, a record for a day, TV Asahi and other Japanese media reported, as a long holiday weekend began in Japan.

Vaccine News

China: China will offer a $1 billion loan to make any coronavirus vaccine it develops available to countries across Latin America and the Caribbean.

Lockdown Updates

Kashmir: Indian-administered Kashmir imposed a strict lockdown for a week, as authorities warned of rising coronavirus cases, one day after cancelling a major annual Hindu pilgrimage.

Israel: Israel’s parliament approved a bill that allows the cabinet to declare a state of emergency and impose new restrictions with little to no parliamentary supervision.

Philippines: The Philippines is suspending a decision to allow non-essential overseas travel after just one company agreed to provide health insurance to outbound passengers. The country had 72,269 virus cases, including 1,843 deaths, as of Wednesday.

Economy Updates

Global: The United Nations Development Programme proposed the immediate introduction of a temporary basic income that could stem the spread of the virus by allowing the world’s poorest people to stay at home.

South Korea: South Korea’s economy recorded its worst performance in more than 20 years in the second quarter, the central bank said Thursday, as the coronavirus pandemic hammered its exports.

US: The New York state legislature on Wednesday passed the Healthy Terminals Act, requiring employers at the largest airports in the state to provide additional wages that can be used to acquire health insurance.

China: Cathay Pacific Airways received another blow as Hong Kong unveiled a policy that threatens to eliminate nearly all travel from the US.

7:37 am

How removing unemployment benefits could expose more people to Covid-19

23 July

As economies start to reopen, unemployment benefits announced during the start of the pandemic will soon come to an end.

The abrupt ending of these unemployment benefits along with high unemployment rates could further damage economic recovery.

Paul Krugman, Nobel laureate, shared an article on how ending the unemployment benefits scheme in the US may push millions of workers into poverty.

The $600 per week in unemployment benefits helped workers to meet their expenses.

The benefits scheme is scheduled to expire at the end of July, which economists fear will further damage the US economy.

Without these benefits, workers will cut their spending and may even be evicted from their homes.

Additionally, without unemployment benefits, workers will be forced to look for jobs that may expose them to the virus.

Read more

1:32 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 14,974,000 – Eastern Mediterranean region remains a hotspot

22 July

Globally, the total confirmed cases of Covid-19 have reached over 14,974,000 with over 617,000 deaths and more than 8,486,000 recoveries

The Eastern Mediterranean region remains a hotspot for Covid-19 with four countries- Bahrain, Kuwait, Oman and Qatar- reporting more than 100 daily cases per million population.

Saudi Arabia is ranked number eleven globally in terms of total daily incident cases.

Bangladesh has reported over 213,000 confirmed Covid-19 cases and is ranked number nine in active cases globally out of countries that report this statistic.

The number of new confirmed cases reported yesterday in Bangladesh was over 2,900, a 16% increase in new cases from the day prior.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

10:20 am

International Update: Global Covid-19 cases near 15 million – concerns over US reporting – Europe could approve first vaccine this year

22 July

Global: The number of coronavirus cases worldwide passed 14.9 million on Wednesday, according to the Johns Hopkins University tracker, which relies on official government data. Known coronavirus deaths number 616,764.

US: California on Tuesday became the second US state after New York to report more than 400,000 Covid-19 cases, according to a Reuters tally of county data. Reuters reports that California has a total of 400,166 Covid-19 cases.

The United States is failing to report vital information on Covid-19. The data would help authorities track the spread of the disease and prevent the deaths of tens of thousands of Americans, according to the first comprehensive review of the nation’s coronavirus data.

President Donald Trump rebooted his coronavirus briefings with a warning about a surge in US cases even as he sought to reassure Americans that his administration has the crisis under control.

A new study by the University of Nebraska suggests that Covid-19 can spread through normal speaking and breathing, and travel further than two metres, according to a report by AFP.

Brazil: Brazil has confirmed 41,008 more cases in the past 24 hours, as well as 1,367 related deaths, the country’s health ministry has said.

India: India reported 648 new deaths on Wednesday to take its total to 28,732, passing Spain to rank seventh globally in deaths, according to data compiled by John Hopkins University. The country already ranks third in the number of infections.

Mexico: Mexico reported 6,859 new Covid-19 cases, bringing the total to 356,255, according to data released by the Health Ministry Tuesday night. Deaths rose 915 to 40,400.

Australia: The state of Victoria reported the highest-ever one-day new case total for an Australian state, with 484 in a single day. The rise is higher than Australia’s previous record one-day total, which means Wednesday also marked Australia’s highest cases over the course of the pandemic so far.

China: China has reported 14 new cases of coronavirus, five of them imported and the rest in the far western region of Xinjiang. There have been no new cases of community transmission in Beijing for 16 days, according to state media.

South Korea: South Korea reported 63 more Covid-19 cases in 24 hours, raising the total tally to 13,879, according to data from the Korea Centers for Disease Control & Prevention.

Vaccine News

Europe: European regulators could approve the first vaccine against Covid-19 this year, after a flurry of trials by drugmakers leading the race showed promising results.

Lockdown updates

Zimbabwe: President Emmerson Mnangagwa on Tuesday imposed a curfew and reinstated strict measures to curb the spread of the coronavirus following a spike in cases in recent weeks. The number of cases recorded in the country rose by nearly a third over the past week to a total 1,713 cases. The number of deaths climbed from 18 to 26.

Qatar: Qatar is relaxing its coronavirus travel restrictions from the beginning of next month. From 1 August, citizens and permanent residents will be allowed to travel overseas and return, while residents will be allowed to return.

Indonesia: Two out of three Indonesians oppose continuing strict social-distancing orders, according to a survey. The government should prioritize efforts to revive the economy rather than tackling virus spread, a majority of participants told pollster Indikator Politik Indonesia.

Japan: Tokyo Governor Yuriko Koike told residents to avoid unnecessary trips outdoors during an upcoming four-day weekend, as the total number of coronavirus cases in the city topped 10,000. The capital had another 230 or more cases Wednesday, Koike said earlier.

Singapore: Singapore is preparing for the resumption of business events such as meetings, conventions, exhibitions and trade shows as economic activities restart, according to a statement by the Singapore Tourism Board.

Austria: Austria is again tightening measures against the virus, dialling back part of its easing in the past few weeks as new infections have surged in various clusters.

Economy updates

Europe: The euro hit an 18-month high and stock markets gained ground after the EU agreed on a €750bn pandemic recovery fund, in a deal closely following reports that a coronavirus vaccine could be ready within months.

US: Senate Republicans are considering whether to cut the unemployment insurance subsidy to 70% of the $600 weekly addition to state-run unemployment programs provided by the last round of economic aid, or pushing for 70-75% of prior wage replacement, a smaller benefit.

China: Cathay Pacific Airways Ltd. said it reached an agreement with Airbus SE to defer aircraft deliveries as part of its move to preserve cash amid slowing business due to the coronavirus pandemic.

8:28 am

Covid-19 driven GDP contractions projected for US and Eurozone

22 July

The US GDP is projected to contract by 6% due to the economic downturn caused by the Covid-19 pandemic.

Foreign direct investment inflows from the US into China continue to rise despite these projections.

Robin Brooks, chief economist at Institute of International Finance, shared a chart on the expected GDP contraction in the US by 6%.

He added that the Eurozone GDP is expected to contract by 9%.

Brooks noted that a larger output gap and deflationary momentum is expected in the Euro zone as a result of the GDP contraction.

Read more

9:43 am

International Update: Global Covid-19 cases pass 14.7 million – Brazil to commence mass testing of vaccine

21 July

Global: Global Coronavirus cases have reached 14,707,451 while deaths have increased to 609,986 according to data collected by Johns Hopkins University.

US: Coronavirus cases in the US increased to more than 3.8 million, according to data collected by Johns Hopkins University. Deaths rose 0.2% to 140,909.

The US will have to come up with alternative ways to detect Covid-19 infections as the current swab testing capacity won’t be able to meet demand during the fall flu season, the Financial Times reported, citing Quest Diagnostics Inc.

South Africa: WHO warned that South Africa’s growing numbers could be a “precursor” for outbreaks elsewhere on the continent. South Africa has 373,000 cases – around half the continent’s cases. By comparison, numbers in Kenya had increased by 31%, Madagascar by 50%, Zambia by 57% and Namibia by 69%.

Brazil: Brazil’s health ministry has reported the country’s death toll has passed 80,000 and the number of cases is now 2.1 million. It comes as two more Brazilian government ministers said on Monday they had tested positive for Covid-19.

Mexico: Mexico’s health ministry on Monday reported 5,172 new confirmed coronavirus infections and 301 additional fatalities, bringing the total in the country to 349,396 cases and 39,485 deaths.

Australia: Australia’s southern state of Victoria reported 374 new coronavirus cases. The state has introduced mandatory face coverings from 11.59pm on Wednesday.

New Zealand: New Zealand reported one new case of Covid-19 in a returned traveller. The woman in her 30s arrived in the country on 16 July from London via Doha and Sydney. She has been transferred to an Auckland quarantine facility.

Japan: The organisers of the Tokyo Olympic Games are preparing a day of celebrations to mark a year to the start of the event, which is now due to be held in July 2021 after a year-long delay because of the coronavirus. In addition, the city reported 237 new coronavirus cases on Tuesday, in comparison to 168 reported cases on Monday.

South Korea: South Korea has reported 45 new cases of coronavirus. The Korea Centers for Disease Control and Prevention says 20 of the cases were locally acquired, and nine of them came from a nursing home in western Seoul.

China: China is providing free Covid-19 tests to residents of Urumqi in the far western region of Xinjiang after a sudden spike in coronavirus cases there, according to state media. The testing is designed to “effectively lower the risk of the virus spreading,” the Global Times reported the city’s anti-epidemic group as saying.

All air travellers to China are required to provide results of coronavirus tests conducted within five days of their departure, according to a joint government statement on the Civil Aviation Administration website.

Vaccine News

Brazil: Brazil is to start mass testing of a vaccine developed by China’s Sinovac on medical workers from six states, starting at the Clinical Hospital of Sao Paolo.

Lockdown updates

US Governor Andrew Cuomo threatened to close down all New York bars and restaurants if large street gatherings continue and his social distance and mask regulations aren’t enforced.

Philippines: President Rodrigo Duterte ordered the police to intensify arrests and detentions of those who violate government rules on wearing masks and social distancing, as coronavirus cases continue to surge.

Economy updates

Europe: Europe agrees on Covid-19 recovery plan. European council president Charles Michel said the agreement was a “pivotal moment” as heads of state finally thrashed out a deal on day five of their summit. It set out a €750bn pandemic recovery fund and long-term spending plans.

UK: Government borrowing soared to almost £130 billion ($165 billion) in the first three months of the fiscal year amid the towering cost of supporting the economy through the coronavirus crisis. The Office for National Statistics said Tuesday that the budget deficit stood at £35.5 billion in June alone, leaving debt at almost 100% of GDP.

Australia: Prime minister, Scott Morrison, has extended Covid-19 job support payments but reduced the size of the payments.

7:30 am

Failure of US lockdowns could lead to double dip recession – offshore financial centres have drained resources needed to fight pandemic

21 July

Strict lockdown measures may be needed to control the surge in cases in the US as the country faces the risk of a double dip recession.

Rafael Domenech, head of economic analysis at BBVA Research, shared an article on how a surge in Covid-19 cases may lead to a double dip recession in the US.

Additional federal funding, severe lockdowns and increased spending on Covid-19 testing may be needed to address the surge in cases.

Compared to other countries, lockdowns in the US have not been effective in controlling the surge in cases posing a threat to economic recovery.

Further, the delay in testing with a seven day wait for results is proving ineffective in curbing the spread of infections.

A double-dip recession maybe the worst case scenario if the virus is not brought under control.

In other news, as macroeconomic influencers share their views on the Covid -19 impact, offshore financial centres (OFCs) have contributed to financial instability and drained countries of the resources needed to fight crises such as the pandemic.

Read more

2:12 pm

GlobalData Epidemiologist Report: US Covid-19 cases approaching 4 million – infections in India pass 1 million

20 July

Globally, the total confirmed cases of Covid-19 have reached over 14,508,000 with more than 606,000 deaths and 8,134,000 recoveries

The United States remains number one for the highest number of confirmed Covid-19 cases globally with over 3,773,000 confirmed cases.

The top five states with the highest total number of cases per million population are New York, California, Florida, Texas and New Jersey.

The top five states with the highest number of deaths per million population are New York, New Jersey, Massachusetts, California and Illinois.

India now has over one million confirmed Covid-19 cases, the third highest globally.

Russia has the fourth highest number of confirmed Covid-19 cases globally with over 770,000 confirmed cases. However, the five day average for new confirmed Covid-19 cases has decreased.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

9:32 am

International Update: Global Covid-19 cases pass 14.5 million – Trump seeks to block funds for testing and tracing as infections soar in US

20 July

Global: More than 14.5 million people have been tested positive for coronavirus worldwide so far, according to the Johns Hopkins University tracker, which relies on official government data. The current total stands at 14,508,892. The death toll is 606,195.

US: Donald Trump is seeking to block billions of dollars in funding for coronavirus testing and contact tracing efforts as cases soar across the US, where around 70,000 people are testing positive each day.

Some of the NFL’s biggest names took to social media on Sunday to express their concerns and anger over the lack of Covid-19 safety protocols as teams prepare to open training camps this week.

Brazil: Brazil reported 23,529 new cases and 716 deaths, both declines from the day before. The Latin American nation, with the second-worst outbreak after the U.S., now has almost 2.1 million cases and 79,488 deaths.

Mexico: Mexico’s health ministry reported 5,311 new confirmed coronavirus infections and 296 additional fatalities, bringing the total in the country to 344,224 cases and 39,184 deaths, according to Reuters early on Monday.

China: China reported 22 new coronavirus cases, according to the People’s Daily, with 17 of these community transmission cases from Xinjiang. China launched mass health screenings in the western Xinjiang province late last week after a spike in cases raised fears of a fresh outbreak.

A record 100 new cases were confirmed in Hong Kong, the territory’s leader said on Sunday, as she tightened social distancing measures, including mandating the wearing of masks in public indoor spaces, to tackle the sudden rise in the number of infections.

South Africa: South Africa registered 85 new deaths from the virus in the previous 24 hours, bringing the death toll to 5,033. A total of 13,449 new infections were also officially diagnosed, taking the number to 364,328, figures released by the health ministry showed.

Melanesia: Papua New Guinea recorded its first Covid-19-related death – the first Pacific island fatality outside US territories and the first in Melanesia – as it seeks to contain an outbreak in the main hospital in its capital, Port Moresby.

Cyprus: Health minister Constantinos Ioannou says there’s concern that coronavirus-infected migrants could be seeping through the ethnically divided island nation’s porous ceasefire line, the Associated Press news agency reported.

South Korea: Imported coronavirus cases continue to rise by double-digit figures, according to the latest figures on Monday. The country identified 26 new cases, raising the total caseload to 13,771, according to the Korea Centers for Disease Control and Prevention (KCDC). Of the newly added cases, just four were local infections, and 22 were imported.

Vaccine News

UK: The UK said it has secured early access to 90 million doses of “promising” coronavirus vaccine candidates, according to a statement.

Russia: Scores of members of Russia’s business and political elite have been given early access to an experimental vaccine against Covid-19, according to people familiar with the effort, as the country races to be among the first to develop an inoculation.

Lockdown updates

China: Global banks, including Citigroup Inc. and UBS Group AG, are suspending their return-to-office plans in Hong Kong after the city reported a daily record of more than 100 new coronavirus cases.

Italy: Rome and its surroundings could go under lockdown again, a regional health commissioner warned, after 17 new cases were reported, including ten from other countries, according to the Associated Press reported.

UK: Prime Minister Boris Johnson has insisted he can avoid imposing another England-wide lockdown this winter, describing it as a “nuclear deterrent” that he hopes never to use.

Luxembourg: Prime Minister Xavier Bettel said he would impose new restrictions after an emergency meeting on rising cases, saying the nation is not respecting measures to curb Covid-19.

Australia: Authorities in Australia are stepping up their battle against coronavirus with the second biggest city of Melbourne announcing the introduction of mandatory face coverings from Wednesday when leaving the house.

France: France will issue €135 fines to people flouting new mask rules. The French government has announced that it will fine people who flout its decree to wear a mask in indoor public spaces.

Thailand: A meeting led by Thailand Prime Minister Prayuth Chan-Ocha on Monday will discuss the possible extension of emergency rules beyond the end of the month, as well as the next stage of easing, said Somsak Rungsita, secretary-general of the National Security Council.

Economy updates

EU: The four European Union governments that have been holding up negotiations over a massive stimulus package to reboot the bloc’s economy are ready to agree on a key plank of the deal, two officials said.

Sudan: The United Nations has made an urgent appeal for $283m to help Sudan tackle the coronavirus pandemic and its economic consequences, as millions in the country face hunger.

Japan: Most people in Japan are against government plans to kickstart domestic tourism with a subsidised campaign, according to newspaper surveys published on Monday, as fears grow over the number of new coronavirus cases, particularly in Tokyo, according to Reuters news agency.

Salvador: President Nayib Bukele has announced that he will postpone the second phase of the country’s economic reopening, slated to begin Tuesday, after evaluating inputs from experts and the health ministry, Reuters news agency reported.

8:14 am

Education may face funding shortfalls due to Covid-19 pandemic

20 July

State and local governments are expected to face budget shortfalls due to rising healthcare costs and widespread unemployment rates due to the Covid-19 pandemic.

Governments may soon be forced to consider cutting spending allocations in other areas, such as education.

Macroeconomic influencers share their views on the Covid -19 impact.

Konstantina Beleli, an economist, shared an article on how the Covid-19 pandemic may impact government budgets at the state and local levels.

The article notes that government may be forced to cut budget allocations to areas such as education and infrastructure.

Lockdown measures and social distancing have led sharp decline in sales taxes, which is one of the biggest source of revenue for state governments.

The pandemic is expected to result in a budget shortfall of $650bn over the next three years, according to the Center on Budget and Policy Priorities (CBPP).

Education and infrastructure investments are expected to the worst affected due to the shortfall.

In other news, US Federal Reserve measures to support companies through the Covid-19 pandemic are drawing criticism, according to Edward Harrison, a banking and finance specialist.

Read more

1:50 pm

GlobalData Epidemiologist Report: Covid-19 infections climbing rapidly in Peru and South Africa – global deaths near 591,000

17 July

Globally, the total confirmed cases of Covid-19 have exceeded 13.8 million with over 590,000 deaths and 7,735,000 recoveries.

Peru has surpassed Mexico in the number of confirmed Covid-19 cases, and now has the second highest number of confirmed Covid-19 infections in Central and South America behind Brazil.

Central and South America remains an epicenter for Covid-19, with four countries being among the top ten countries with the highest confirmed number of Covid-19 cases.

The number of new confirmed Covid-19 cases in South Africa yesterday was over 12,000.

South Africa has moved up from the eighth highest number of confirmed Covid-19 cases globally to the sixth highest number of confirmed Covid-19 cases globally.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology  at GlobalData

1:28 pm

How a persistent pandemic and prolonged lockdowns will slow economic recovery

17 July

Macroeconomic influencers tracked by GlobalData share their views on Chinese Q2 gross domestic product (GDP), rising unemployment in Australia and the UK threatening recovery, and how Covid-19 remains to be the biggest risk to the global economy.

Stephen Tapp, Deputy Chief Economist and Trade Research Director at Export Development Canada (EDC) tweeted that a prolonged Covid-19 pandemic is the biggest among the top ten risks facing Canadian businesses in 2020.

US-China trade war, global protectionism, and increasing government and corporate debt are among other significant risks EDC has identified.

Covid-19 has inflated the majority of the other business risks facing Canada, adds EDC which suggests Canadian exporters be wary of default risks in emerging markets, especially those already reeling under massive debts.

In other news, lockdowns to fight the second wave of coronavirus infections will be detrimental to economic recovery, opines Ludovic Subran, Chief economist at insurance and asset management services provider Allianz.

Subran expects global gross domestic product (GDP) to fall by 4.7% during the year, but to grow by 4.8% in 2021.

Stimulus measures, both fiscal and monetary, announced so far exceed 1.3 times Chinese GDP, at $1.8t.

In its latest economic outlook, Allianz doesn’t expect global trade to return to pre-Covid levels before 2023 and anticipates the subdued capacity utilisation situation to persist until Q4 this year.

Read more

9:50 am

International Update: Global Covid-19 infections pass 13.8 million – record daily rise in US – Trump pushes to re-open schools

17 July

Global: There are 13,810,534 known coronavirus cases worldwide. The number of deaths stands at 590,005, according to Johns Hopkins University’s tracker.

Coronavirus support to poor countries has been so far “grossly inadequate and that’s dangerously short-sighted”, UN aid chief Mark Lowcock said, as he asked wealthy countries for billions of more dollars in assistance.

US: The US reported 68,428 new infections in the past 24 hours, according to a tally by Johns Hopkins University, setting yet another record for a single-day rise in coronavirus cases.

An official with the US Centers for Disease Control and Prevention said the most recent count shows 342 US children and teens have developed a serious inflammatory condition linked to Covid-19 infections.

Australia: The state of Victoria reported a record 428 new cases, ten days into the lockdown of Melbourne. The neighbouring state of New South Wales tightened restrictions on pubs, restaurants and gatherings, as it reported eight new cases, six of which were from community transmission.

Brazil: Brazil has passed the two million confirmed coronavirus cases mark, with little sign that the rate of increase is slowing as anger grows over President Jair Bolsonaro’s handling of the outbreak.

China: Hong Kong’s coronavirus outbreak is expected on Friday to surpass the magnitude of its earlier waves of infections, in a cautionary tale that the worst may be yet to come in the pandemic.

Urumqi, the capital of China’s far western region of Xinjiang, cancelled hundreds of flights on Friday after the report of its first coronavirus case in about five months fuelled concerns of a potential new outbreak.

South Korea: South Korea reported 60 more coronavirus cases in 24 hours, raising the total tally to 13,672, according to data from the Korea Centers for Disease Control and Prevention.

UK: British Prime Minister Boris Johnson is to invest £3bn ($3.77bn) into England’s National Health Service (NHS) to try to ward off any resurgence of the coronavirus.

Vaccine News

India: Researchers from the Indian government have been given the green light to study the century-old BCG vaccine’s ability to prevent the severe incidence of Covid-19 in the high-risk elderly population.

Johnson & Johnson is in discussions with multiple countries and a charitable foundation to determine how much of its experimental coronavirus vaccine will be needed. Chief financial officer Joseph Wolk said they are in talks with the European Union, Japan and the Bill & Melinda Gates Foundation.

UK: The UK has accused Russian state intelligence of hacking international pharmaceutical and academic research in a bid to win the race to secure a vaccine against Covid-19. The National Cyber Security Centre (NCSC) said vaccine and therapeutic sectors in multiple countries have been targeted, declining to list the names and number of institutions affected on security grounds.

Lockdown updates

US: Anthony Fauci said many states rushed too quickly to reopen without bringing the virus adequately under control, leading to the resurgence in states across the U.S. south and west.

White House press secretary Kayleigh McEnany said: ‘The science should not stand in the way’ of reopening schools. She defended President Trump’s push to reopen schools, despite concerns about the spread of coronavirus in the classroom. “And when he says open, he means open and full, kids being able to attend each and every day at their school,” McEnany noted during her White House briefing.

A new report from the US Centers for Disease Control and Prevention says President Trump’s European travel ban was enacted too late to protect New York residents. “Although travel restrictions are an important mitigation strategy, by the time the European restrictions were implemented, importation and community transmission of Sars-CoV-2 had already occurred in NYC,” the report said.

US Democrats have urged elected leaders and party delegates to skip the national convention in August as coronavirus cases surge, the New York Times reported, in what the paper says is “a sign of the ever-shrinking aspirations for their big campaign event in the face of the spreading virus”.

New York City will not open malls and museums on Monday even if the city is allowed to move into the next phase of reopening, Governor Andrew Cuomo said, promising more crackdowns on bars and restaurants.

The US Centers for Disease Control and Prevention extended a ban on cruise ships through the end of September as coronavirus infections rose across the country, including in the state of Florida.

Mexico: Authorities imposed local restrictions on mobility, commerce, and leisure, particularly in popular tourist destinations, even as the government seeks to revive the battered economy. The country has 317,635 Covid-19 cases and 37,574 deaths.

Spain: Officials said on Thursday that residents in three districts in the Barcelona suburb of L’Hospitalet de Llobregat must stay indoors amid a resurgence in cases. Wednesday saw residents told to stay at home in an area in and around the north-eastern city of Lerida, a measure affecting around 160,000 people. They are allowed to leave to go to work, buy food or medication, or to exercise.

Colombia: Doctors are calling for a return to a strict city-wide quarantine to slow coronavirus infections in the capital, warning that medical services are close to collapsing. The country has reported over 165,000 cases of the coronavirus and around 6,000 deaths.

Denmark: Denmark’s foreign ministry has updated its travel guidelines in response to its latest assessment of the risks posed by Covid-19. The new list includes an easing of guidelines for several regions in Sweden, namely Halland, Kalmar and Värmland.

Israel: The government imposed a new weekend shutdown on Friday and tightened a series of coronavirus curbs to lower infection rates, amid growing public anger over the government’s handling of the crisis, Reuters reports.

India: New restrictions have been introduced in the western city of Pune and other states, including Uttar Pradesh, home to 200 million people, as well as badly hit Tamil Nadu and Assam. The northern Indian state of Bihar, with a population of around 125 million people, started a 15-day lockdown from 16 July.

Indonesia: Indonesia’s capital city Jakarta will remain under social-distancing measures for two more weeks after new coronavirus cases surged since the easing of a partial lockdown a month ago.

Puerto Rico: The governor has announced major rollbacks including the closure of bars, gyms, marinas, theatres and casinos and restricted the use of beaches as the US territory is hit by a spike in Covid-19 cases in recent weeks.

Economy updates

Japan: Japan’s agriculture ministry has decided to suspend bids seeking contractors for its “Go To Eat” campaign aimed at supporting eating establishments hit by the coronavirus outbreak, Jiji reports without attribution.

Canada: Canada’s federal government will give the 13 provinces and territories more than C$19bn ($14bn) to help pay for the costs of restarting the economy after several months of Covid-19 pandemic lockdowns, Prime Minister Justin Trudeau said.

2:10 pm

GlobalData Epidemiologist Report: Global Covid-19 cases approach 13.6 million – India records more than 32,000 infections in a day

16 July

Globally, the total confirmed cases of Covid-19 have reached over 13,578,000 with over 584,000 deaths and 7,597,000 recoveries.

India and Russia have the third and fourth highest number of confirmed Covid-19 cases globally, behind the United States and Brazil.

The number of new confirmed cases yesterday in India was over 32,000 and the number of new confirmed cases in Russia was over 6,400.

Iran has the highest number of confirmed Covid-19 cases in the Middle East and the tenth highest number of confirmed Covid-19 cases globally.

The death toll has increased from the previous few days with over 199 deaths so far today.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

11:34 am

Economic crisis looms for US due to Covid-19 driven unemployment

16 July

Economic crisis looms in the US, the UK is set to suffer a major GDP decline, and the Eurozone recovery will be impacted by the end of subsidised jobless schemes.

Macroeconomic influencers tracked by GlobalData share the latest updates on the Covid-19 impact on global economies.

Claudia Sahm, a policy analyst, opines that the US government must continue Covid relief measures to the unemployed until they find work and adds that jobless benefits must be enhanced.

Sahm also says that funding for the CARES Act needs to be increased three-fold because economic crisis looms in the US, causing income loss to 40% of American families, some 20% of which have lost the major income earner due to the coronavirus pandemic.

Read more

8:58 am

International Update: Global Covid-19 infections pass 13.5 million – US nears 3.5 million cases – rapid rise continues in Brazil

16 July

Global: More than 13.5 million people around the world have now been confirmed to have had the coronavirus, according to data compiled by Johns Hopkins University. US has 3,499,291 cases while Brazil is rapidly approaching 2 million with 1,966,748 cases.

Overall mortality of Covid-19 patients treated in intensive-care units fell to just under 42% at the end of May from almost 60% in March, according to the first systematic analysis of two dozen studies involving more than 10,000 patients in Asia, Europe and North America.

US: California reported a record 11,000 daily cases. California recorded its largest number of coronavirus infections in a single day on Tuesday, amid efforts to halt reopening statewide.

Brazil: President, Jair Bolsonaro, has again tested positive for Covid-19, he told reporters on Wednesday in Brasilia, suggesting he has yet to recover from an infection first diagnosed last week, Reuters reports.

Japan: Tokyo is likely to see coronavirus cases exceed 280 on Thursday – a daily record for the Japanese capital – according to the governor, Yuriko Koike.

Australia: The state of Victoria reported two more deaths and 317 cases on Thursday, the largest daily increase in cases for an Australian state since the start of the pandemic.

Canada: Canada’s efforts to flatten the curve have put the country on the brink of zero deaths for the first time since March, but officials see worrying signs of a new spike as provinces lift restrictions.

South Africa: South Africa surpassed 300,000 confirmed coronavirus cases late on Wednesday. The country’s 311,049 cases make up close to half of Africa’s total.

Vaccine News

Global: Eight world leaders, including President Sahle-Work Zewde of Ethiopia and Swedish Prime Minister Stefan Lofven, issued a call for “global solidarity” for fairness in distributing any Covid-19 vaccine that may be developed.

US: Dr Anthony Fauci predicted on Wednesday the country would meet its goal of a vaccine by year’s end, he told Reuters in an interview, saying, “I feel good about the projected timetable.” Fauci’s comments came as US cases increased by a world daily record of more than 67,400, taking the total to nearly 3.5 million confirmed infections.

Lockdown updates

Ireland: Prime minister, Micheal Martin, said on Wednesday night the government continues to advise against non-essential overseas travel, as he announced that a planned move to “phase 4 reopening” had been postponed to 10 August because the country’s reproduction rate – the number of people infected by a virus carrier – had increased to more than 1.

Japan: Officials in Japan are questioning the government’s plans to boost domestic tourism amid a surge in coronavirus cases in the capital.

Spain: authorities on the island of Majorca have ordered bars on popular party streets in Magaluf and Palma to close, for fear that hard-drinking tourists will trigger a surge in coronavirus cases.

Canada: Air Canada tried to persuade the government of Justin Trudeau to ease restrictions on travel, pointing to policy shifts in other nations where the Covid-19 pandemic has shown signs of improvement.

Indonesia: the government plans to fine violators of social distancing rules under a new law as President Joko Widodo steps up efforts to contain the biggest outbreak of coronavirus in Southeast Asia.

Economy updates

China: China’s economy returned to growth in the second quarter, rebounding more strongly than expected from a historic contraction caused by the coronavirus outbreak, official data showed Thursday. Gross domestic product expanded a surprise 3.2% in April-June, the National Bureau of Statistics said.

1:06 pm

GlobalData Epidemiologist Report: Global Covid-19 deaths approach 580,000 – South Africa, US, Brazil and India report highest infection rises

15 July

Globally, the total confirmed cases of Covid-19 have reached over 13,324,000 with over 579,000 deaths and 7,399,000 recoveries

Countries in Central and South America continue to represent four out of the top ten countries with the highest number of confirmed Covid-19 cases.

Brazil and Mexico still hold the highest number of confirmed Covid-19 cases in the region, although the five day average of confirmed Covid-19 cases has decreased.

Meanwhile, the five day average of confirmed Covid-19 cases in Colombia and Peru has increased.

South Africa has the highest number of cases in Africa as well as the eighth highest number of cases globally, and is alongside the US, Brazil and India in reporting the biggest rise of recent Covid-19 cases.

Isobel Lloyd, BSc and Kasey Fu, MPH, Director of Epidemiology at GlobalData

10:48 am

International Update: Global Covid-19 infections pass 13.3 million as cases rise by 200,000 a day – encouraging results as vaccine nears final testing

15 July

Global: Global cases have passed 13.3 million, as cases continue to rise by around 200,000 every 24 hours. There have been 578,628 deaths so far, according to the Johns Hopkins University tracker.

The blood from seriously ill coronavirus patients on ventilators was found by researchers to be highly inflammatory and harmful to the body, the South China Morning Post reported on Wednesday, citing a study by Dutch scientists.

Japan: Tokyo is considering raising its alert for coronavirus infections to the highest of four levels, officials said on Wednesday, after a spike in cases to record numbers in the city.

Australia: The state of Victoria has recorded 238 new cases of Covid-19 and the death of a woman in her 90s and New South Wales has recorded 13 new cases, including ten linked to the Crossroads Hotel cluster in south-west Sydney which has now affected 34 people.

New Zealand: Prime Minister Jacinda Ardern said that New Zealand must prepare for new coronavirus outbreaks as the pandemic spreads globally, but will not drop its elimination strategy if community transmission was discovered.

Germany: The number of confirmed coronavirus cases in Germany increased by 351 to 199,726, Reuters reported on Wednesday citing the latest data from the Robert Koch Institute (RKI) for infectious diseases.

China: China’s National Health Commission said Wednesday that it received reports of six new confirmed Covid-19 cases on the Chinese mainland as of the end of Tuesday, and all of them were imported.

Mexico: Mexico’s Health Ministry has reported 7,051 new confirmed coronavirus infections and 836 additional fatalities, bringing the total in the country to 311,486 cases and 36,327 deaths, according to Reuters news agency.

South Korea: South Korea’s new coronavirus cases stayed below 40 for the second day in a row on Wednesday, but imported cases continued to rise, hampering the country’s efforts to contain the disease, according to Yonhap state news agency.

Ghana: More than 300 students and tutors have tested positive for coronavirus at high schools in the West African nation of Ghana, AP news agency reported.

Cyprus: Cyprus is doubling the number of random coronavirus tests that will be carried out on arriving passengers at its two main airports each day, AP news agency reported.

Vaccine News

US: The first Covid-19 vaccine tested in the United States revved up people’s immune systems just the way scientists had hoped, researchers reported – as the shots are poised to begin key final testing.

Lockdown updates

Global: Cities and states around the world returned to tighter coronavirus restrictions to battle recurring outbreaks, including India’s IT hub Bangalore which was set to go into a new week-long lockdown on Tuesday as the number of coronavirus cases surged.

India: 133 million people re-enter lockdown in India as Covid-19 cases top 900,000. Late on Tuesday, India’s coronavirus cases, the third-highest in the world, passed 900,000, according to the Johns Hopkins University tracker. The current total stands at 906,752, with 23,727 known deaths.

US: President Donald Trump said in an interview on Tuesday that it was a “mistake” for the two largest California school districts, Los Angeles and San Diego, to keep schools closed in the fall.

Venezuela: Venezuela’s capital Caracas will go into a strict lockdown on Wednesday, in a bid to slow its coronavirus outbreak. Much of Venezuela has been shut down since its first case was reported in early March.

France: In France, masks will become mandatory in all enclosed public spaces within the next few weeks, President Emmanuel Macron has said in a major Bastille Day interview. The country is also aiming to reopen all schools for the new academic year under as “normal” conditions as possible.

China: Renewed restrictions took effect in Hong Kong on Wednesday, with restaurants limited to takeout after 6pm, as the Asian financial centre battles a resurgence of the coronavirus, Reuters news agency reported.

 

9:16 am

Economic stimulus plans could slow post Covid recovery

15 July

Global debt levels have been increasing due to the Covid crisis, with those of the G20 economies expected to grow by 120% more than the level seen post World War II.

Daniel Lacelle, Chief Economist at investment services provider Tressis, tweeted his views on the increasing global debt levels due to Covid-19.

He suggests that an increase in public spending through stimulus plans combined with a fall in output could drive the global debt to approximately 105% of gross domestic product (GDP).

Government and private debt together increased by more than 35% of GDP, much higher than the 20% witnessed following the 2008 crisis.

Lacelle opines that the new debt will not help economic recovery but will result in a prolonged recovery since most of it is meant for a cyclical boom rather than targeting the new crisis caused by Covid-19.

He adds that countries that have not fallen into the massive government spending trap have recovered faster.

Read more

1:52 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 13.1 million – infections still on the rise in the Americas

14 July

Globally, the total confirmed cases of Covid-19 have reached over 13,113,000 with over 573,000 deaths and 7,268,000 recoveries.

The number of confirmed Covid-19 cases and deaths continues to rise in the US, as it remains the country with the highest number of confirmed Covid-19 cases and deaths.

The number of confirmed Covid-19 cases and deaths continues to rise in Central and South America, especially in Brazil and Peru.

Both countries are currently included in the top ten countries with highest number of confirmed Covid-19 cases and deaths.

The UK has the seventh highest number of confirmed Covid-19 cases and the third highest number of Covid-19 deaths.

However, both the number of daily confirmed cases and deaths have been decreasing.

Nanthida Nanthavong, MPH, Epidemiologist at GlobalData

11:07 am

International Update: Global Covid-19 cases pass 13 million – cities and states returning to tighter restrictions worldwide

14 July

Global: More than 13 million people around the world have now been confirmed to have had the coronavirus, according to data compiled by Johns Hopkins University. The five most affected countries include United States (3,361,042), Brazil (884,967), India (878,254), Russia (732,547) and Peru (330,123).

Australia: In the Australian state of Victoria, 270 new cases of the virus were identified overnight. Staff from the private sector including airlines, telecommunications companies and banks, as well as 1,000 additional Australian defence force personnel, will be deployed to help efforts to contain Covid-19 in the state.

UK: Britain must start “intense preparations” for a second wave of coronavirus that has the potential to kill as many as 120,000 hospital patients in a worst-case scenario, experts have warned. In addition, the British government will announce on Tuesday that people will have to wear masks when they go into a shop from July 24.

US: More than 880 employees of private contractors running US immigration detention centres have tested positive, according to congressional testimony given by company executives.

Japan: Health officials in Tokyo, Japan, appealed on Tuesday for more than 800 theatregoers to get tested after a production starring a Japanese boy band was found to be the source of at least 20 cases.

DRC: Ebola is spreading in the western Democratic Republic of the Congo, with nearly 50 known cases across a region bordering the Republic of the Congo and the Central African Republic, according to the World Health Organization (WHO).

China: The wave of coronavirus cases connected with Beijing’s wholesale market that began in June appears to have been brought under control with no new cases of the disease reported in the Chinese capital for eight successive days.

Lockdown updates

Global: Cities and states around the world returned to tighter coronavirus restrictions to battle recurring outbreaks, as global infections passed 13 million and the World Health Organization warned there were “no shortcuts out of the pandemic”.

US: California’s governor Gavin Newsom ordered all bars to close statewide and all restaurants, cinemas and museums to halt indoor operations, in a dramatic rolling back of reopening efforts as cases continue to surge. The US has reported roughly 60,000 new cases a day for almost a week, according to the Johns Hopkins University tracker.

China: Hong Kong will impose strict new social distancing measures from midnight on Tuesday, the most stringent there since the start of the pandemic, as authorities warned the risk of a large-scale outbreak was extremely high. Hong Kong has also introduced fines for anyone refusing to wear a mask on public transport.

Australia: As cases passed 10,000 on Tuesday, the state of New South Wales also introduced restrictions on bars. The measures are partly in response to a new cluster at a Sydney pub called The Crossroads. New South Wales recorded 13 new cases as of Monday evening, in addition to ten cases connected to the pub.

Philippines: In the Philippines, a quarter of a million people in Manila will return to lockdown in an attempt to stall the infection rate there. With just over 57,000 cases, the Philippines has the second-highest number of infections in south-east Asia. Nearly 1,600 people have died in the country over the course of the pandemic so far.

Mexico: An entire hospital in Mexico’s southern Oaxaca state has been put in quarantine, after 68% of its remaining staff tested positive.

Malaysia and Singapore: are to ease border restrictions between the two countries to support essential business and official traffic, as well as residents who have long-term work permits for the other country.

Economic updates

US: The New York Times reported that about 5.4 million Americans lost health insurance in the pandemic, more than have ever lost coverage through job losses in a year, according to a new study, as the Trump administration ramped up its war with Anthony Fauci, the federal government’s top public health expert, over the handling of the crisis.

Singapore: Singapore’s economy suffered a coronavirus-induced record contraction in the second quarter, putting it on course for its worst-ever slump this year. Gross domestic product (GDP) plunged by a record 41.2% in the three months ended March, on a quarter-on-quarter annualised basis, preliminary data from the Ministry of Trade and Industry showed on Tuesday.

China: Intensive testing of meat, seafood and other products for the coronavirus has tripled customs clearance times at some major Chinese ports, raising concerns the delays could ensnare global trade flows.

8:39 am

UK house prices could crash by 30% during ‘Covid crunch’

14 July

As Covid-19 is expected to cause the worst global recession since the World War II according to the World Bank’s analysis, the UK housing prices could crash by 20%-30%, opined Jonathan Davis sharing an article published by Anthony Codling, CEO at property platform twindig.

The article highlights that the current situation in housing is different from that during the credit crunch.

Anthony Codling, a former Executive Director at JP Morgan Cazenove, articulated the housing situation during ‘Covid crunch’ as seller drought and that during the credit crunch as buyer drought.

Despite the seller drought, Codling feels downward pressure on housing prices due to growing fear of unemployment and mortgages getting more expensive and limited as banks step up to protect their balance sheets.

Read more

9:27 am

International Update: Record 24 hour increase in Covid-19 cases – US state of Florida records more than 15,000 infections in one day

13 July

Global: The World Health Organization reported a record increase in global coronavirus cases on Sunday, with the total rising by 230,370 in 24 hours. The biggest increases were recorded in the United States, Brazil, India and South Africa.

A new report by Oxfam warns that the hunger crisis worsened by the pandemic could potentially kill more people each day than the infection itself, which has claimed more than half a million lives so far.

US: The state of Florida has registered 15,300 new infections on Sunday, the biggest daily increase in recorded coronavirus cases in any US state since the beginning of the pandemic.

Current hospitalisations in the US state of Texas rose by 327 to a new high of 10,410, a record high for the 14th day in a row.

New York City, once the epicenter of the US coronavirus outbreak, reported its first day with zero confirmed or probable virus deaths on Sunday since the pandemic began, according to initial data from the city’s health department.

Japan and the United States are sharing information about coronavirus cases at US military bases in Okinawa prefecture, a government spokesman said on Monday, after 62 new cases were confirmed at three bases.

Brazil: Brazil, the world’s number-two coronavirus hot spot after the United States, has registered 631 new deaths, with a new total of 1,864,681 confirmed cases, Reuters news agency reported quoting the country’s health ministry.

Mexico: Mexico’s coronavirus death toll passed Italy’s on Sunday, AFP reports, becoming the fourth-highest globally, with at least 35,006 fatalities over the course of the pandemic so far.

Argentina: Argentina has exceeded 100,000 cases of novel coronavirus infections as it struggles to contain spiralling case rates despite a strict quarantine imposed on the capital Buenos Aires and its surroundings.

Australia: The Australian state of New South Wales has recorded 14 new cases of coronavirus in the 24-hours to 8pm last night. Eight of the new cases are connected to a cluster at a restaurant and pub, the Crossroads Hotel. They include five people who had attended the hotel and three of their close contacts.

Philippines: The Philippines’ health ministry on Monday confirmed 162 new coronavirus deaths, the country’s biggest single-day increase in casualties, as a health ministry official said authorities validated some earlier cases included in the tally.

South Korea: One in three South Korean patients seriously ill with Covid-19 showed an improvement in their condition after being given Gilead Sciences Inc’s antiviral remdesivir, Reuters news agency reported on Monday quoting health authorities.

Germany: The number of confirmed coronavirus cases in Germany increased by 159 to 198,963, Reuters news agency reported on Monday citing data from the Robert Koch Institute (RKI) for infectious diseases.

UK: The UK said 650 more people tested positive, in line with the average 0.2% increase in the previous seven days, bringing the total to 289,603. The death toll climbed by 21 to 44,819.

Lockdown updates

US: Education Secretary Betsy DeVos pushed the administration’s position of opening schools in the fall, despite a heavy rate of Covid-19 infections in many states, in two Sunday-morning interviews.

Spain: Regional authorities in northeast Spain have tightened a health lockdown and confined over 140,000 people to only leaving their homes for work and other essential activities, the Associated Press news agency reported.

South Africa: President, Cyril Ramaphosa, has reinstated a ban on the sale of alcohol to reduce the volume of trauma patients so that hospitals have more beds to treat Covid-19 patients.

State of Palestine: The Palestinian Authority on Sunday imposed a night-time and weekend curfew on the occupied West Bank for the coming 14 days to try to rein in rising coronavirus numbers.

Singapore: Singapore can return to tackling Covid-19 and “other urgent challenges” with the general election over, Prime Minister Lee Hsien Loong said in a Facebook post. The country’s cinemas are reopening Monday as part of a plan to ease restrictions.

China: The Hong Kong government will decide on Monday whether it will tighten social distancing measures, Radio Television Hong Kong reported, without saying where it got the information. Any decision would be announced as soon as Monday.

8:40 am

EU post Covid-19 economic recovery mirage will fade, says US economist

13 July

As the recession induced by Covid-19 affects the world economies, economists recall the situation caused by the 1918 flu pandemic.

Although the June economic data suggests that the US economy has improved, emerging trends suggest that the situation is getting worse again.

However, Daniel Lacalle, chief economist at Tressis Gestion, is upbeat about the recovery in the US compared to the Eurozone.

In one of his latest live shows, Lacalle opined that the economic recovery in the US will be better than that of Eurozone, where the mirage of recovery will fade as ‘demographics, high taxes, and bloated government spending’ work to a disadvantage.

Lacalle believes that US will outperform the Eurozone over the long run despite the temporary setbacks caused by Covid-19.

Read more

10:58 am

GlobalData Epidemiologist Report: Global cases of Covid-19 over 12,270,000 – record rise in South Africa – further spike in Hong Kong

10 July

Globally, the total confirmed cases of Covid-19 have reached over 12,270,000, with over 555,000 deaths and 6,740,000 recoveries.

Worldwide, total confirmed cases and total deaths continue to rise.

This is primarily driven by high number of cases reported in North and Latin America, and South Asia.

More specifically, the US, Brazil, and India contribute approximately 45% of cases to the global confirmed case burden, and over 40% of deaths to the global death toll.

Cases are rising in Africa driven by record rise in daily new cases in South Africa.

Hong Kong kept the Covid-19 cases under control in the first wave of this pandemic.

However, a spike in new cases caused by local transmission have been reported in recent days, and Hong Kong is planning to suspend all the schools to control the outbreak.

Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData

9:46 am

International Update: Global Covid-19 cases near 12.3 million – US cases rise by almost 62,000 in a day

10 July

Global: There are 12,272,098 confirmed coronavirus cases worldwide, according to the Johns Hopkins University tracker, which relies on official government data, and 554,989 deaths.

US: Coronavirus cases in the US rose by 61,791 from a day earlier to 3.08 million, according to data collected by Johns Hopkins University and Bloomberg News. It was the first time the number of reported new cases exceeded the 60,000-a-day mark.

Texas reported a record number of deaths for the third straight day, topping 100 for the first time. Total fatalities rose 3.7%, to 2,918. The sharp increase in deaths this week follows a similar upturn in cases about three weeks ago.

The US state of California filed a lawsuit seeking to block a Trump administration rule that could force tens of thousands of international students to leave the country if their schools hold all classes online amid the coronavirus pandemic.

Mexico: Mexico on Thursday posted a fresh record for new coronavirus cases reported on a single day, with 7,280 cases, bringing its overall tally of infections to 282,283, health ministry data showed.

Australia: The Australian state of Victoria recorded 288 new cases – the highest one-day total for an Australian state since the outbreak began. The Australian government decided to cut incoming international passengers, including citizens, by half as well as charging them for their mandatory 14-day quarantine.

South Africa: South Africa announced on Thursday its highest daily number of confirmed coronavirus cases with 13,674.

UK: The UK has turned down the chance to join a European Union coronavirus vaccination program after ministers expressed concern about “costly delays,” the Telegraph reports, citing unidentified people in the government.

Lockdown updates

Japan: Japan is forging ahead with further steps to re-open the economy even as daily coronavirus cases continue to climb, with local media reporting Tokyo posted a daily record of over 240 infections on Friday.

New Zealand: New Zealand’s government has revealed that a third person has absconded from a managed isolation facility, saying a man cut through a fence so that he could go to buy some alcohol.

Singapore: Singaporeans voted in a general election Friday as the city-state struggles to recover from a coronavirus outbreak. The country has 45,423 active cases. At least 26 people have died.

UK: Recreational team sports are resuming in England, starting with cricket on Saturday, the same day that outdoor swimming pools can reopen. Beauticians, salons and spas can reopen on Monday, followed by gyms and indoor pools on July 25, according to UK government announcements.

China: Hong Kong is set to announce the suspension of all schools after a spike in locally transmitted coronavirus cases, the South China Morning Post reported.

China’s embassy in Kazakhstan has warned its citizens to take precautions against an outbreak of pneumonia in the country that it says is more lethal than Covid-19.

Algeria: Algeria will reimpose travel restrictions on Friday and increase testing in a bid to stop a rise in coronavirus infections, the government said.

7:18 am

FDI projected to contract by at least 30% due to Covid-19

10 July

The Covid-19 pandemic has undone years of economic globalisation as foreign direct investments have been disrupted like never before.

Developing countries are the most affected as foreign direct investment (FDI) inflows are expected to drop below the global average.

As the recovery from the pandemic prolongs and FDI inflows drop, developing countries are expected to lose export revenues consequently impact employment opportunities.

Stephany Griffith-Jones, an economist, shared an article on how the Covid-19 pandemic is impacting the flow of global FDI.

The article notes that developing countries are expected to be the worst affected due to this disruption of FDI.

The pandemic led to a capital outflow of $83bn in late March from developing countries, which is the largest ever recorded.

Further, global FDI flows are projected to contract by 30%-%40 between 2020 and 2021.

All sectors are expected to be affected particularly airlines, leisure, and restaurants.

Read more

9:37 am

International Update: Global Covid-19 cases total 12,043,922 – record daily rises in Mexico and Argentina

9 July

Global: Covid-19 infections have passed 12 million, according to the Johns Hopkins University tracker, with 12,043,922 currently confirmed.

The Trump administration’s decision to withdraw US membership from the World Health Organization (WHO) could have life-threatening consequences for people around the globe, said the international medical humanitarian organization Doctors Without Borders, or MSF.

US: The US has surpassed three million confirmed cases of coronavirus, according to the Johns Hopkins University tracker. It said there have been 132,309 deaths among the total of 3,055,101 cases.

US Vice-President Mike Pence urged schools to reopen despite the pandemic, echoing comments from Trump. During a White House coronavirus task force briefing at the US department of education, Pence said: “It’s time for us to get our kids back to school.” But many school officials are expressing doubts about their ability to safely reopen their doors.

President Trump threatened to withhold funding from schools that don’t reopen. The president also criticised the school reopening guidelines from the Centers for Disease Control and Prevention as “very tough” and “expensive.”

Brazil: Brazilian President Jair Bolsonaro vetoed provisions of a law requiring government to provide drinking water, disinfectants and guaranteed hospital beds to indigenous communities amid the pandemic.

Mexico: Mexico has posted a fresh record for new coronavirus cases reported on a single day, with 6,995 infections, overtaking Spain to register the world’s eighth highest case count, according to a Reuters news agency tally.

Argentina: Argentina has posted a daily record of 3,604 confirmed cases of Covid-19. The sharp rise, the first time daily cases have surpassed 3,000, took the total number to 87,030, fivefold the number at the start of June, though still well below caseloads in Brazil, Chile and Peru.

Chile: The number of coronavirus cases has passed the 301,000 mark in Chile, according to the Johns-Hopkins University tracker. The figure is currently 301,019, which is the sixth-highest in the world after the US, Brazil, India, Russia, and Peru.

Iran: Iran’s coronavirus death toll exceeded 12,000 on Wednesday, the health ministry said, with 153 deaths in the past 24 hours, amid a sharp rise in the number of daily infections and deaths in the past week as lockdown measures have eased.

Japan: Tokyo has recorded 224 new cases of coronavirus infection on Thursday, according to the public broadcaster NHK, surpassing the Japanese capital’s previous record of 206 infections on April 17.

Nigeria: Nigeria’s confirmed coronavirus cases has surpassed passed 30,000, Reuters reported quoting the country’s disease control centre, as the virus spreads in Africa’s most populous country amid an easing of restrictions put in place to curb the disease.

South Korea: South Korea has reported 50 new cases of the coronavirus as new clusters continue to emerge across the country, AP news agency reported.

China: China says it has nine new confirmed coronavirus cases, all of them brought from outside the country, and no new deaths, AP news agency reported.

The Chinese Government has announced that it is seeking international cooperation to conduct research projects on drugs, vaccines, test kits, and even traditional Chinese medicine to fight the coronavirus.

Hong Kong: Hong Kong has found at least 47 new locally-transmitted virus cases as of 9:30 a.m. on Thursday, HK01 reported. That topped the previous record of 28 daily local cases set in March. At least ten of the latest batch of cases were of unknown origin, HK01 said, indicating that authorities may struggle to contain the current outbreak.

Lockdown updates

Australia: Australia’s second-largest city, Melbourne, has re-entered lockdown, as the state of Victoria struggles to contain a coronavirus outbreak that has seen daily cases rise by over 100 for several days.

Italy: Italian authorities stopped 125 Bangladeshi people from entering the country today after they landed at Rome’s Fiumicino airport on a flight from Qatar. Yesterday, Italy suspended flights from Bangladesh for a week after 36 people who arrived in Rome on a flight the day before tested positive for coronavirus.

Austria: Austria’s government has announced travel restrictions for fellow EU members Romania and Bulgaria after a spike in the number of coronavirus cases in both countries.

Economy updates

Germany: Chancellor Angela Merkel has warned the European Union not to waste time in agreeing on a recovery plan to pull the continent out of a historic recession caused by the coronavirus lockdown. Merkel said she hoped to see a deal before the summer break on a proposed €750bn recovery plan.

UAE: Business conditions in Dubai showed signs of picking up in June as the city reopens after a lockdown to contain the spread of the coronavirus.

 

 

8:28 am

GlobalData Epidemiologist Report: Global Covid-19 infections pass 12 million – numbers rising fast in US, India and Brazil

9 July

Globally, the total confirmed cases of Covid-19 have reached over 12,042,000, with over 550,000 deaths and 6,590,000 recoveries.

Daily confirmed cases continue to rise rapidly across the world driven mainly by the US, Brazil and India which are reporting high number of daily new cases.

Latin and North America remains the most affected region as Brazil, Chile, Peru, Mexico and the US contribute roughly 47% to the total confirmed case burden in the world.

Cases are in gradual decline in the majority of European countries.

South Asia which includes countries such as India, Pakistan and Bangladesh is one of the most populous areas in the world.

As these countries are reporting high numbers of new daily cases, with no indication that cases will decline in the near future, South Asia could be the next global pandemic hotspot after Latin America.

Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData

7:28 am

Covid-19 pandemic could shift the balance of economic power

9 July

The Covid-19 pandemic has highlighted the weaknesses of various countries in responding to a disaster of such as a viral outbreak.

China has been quick in controlling the outbreak, while other countries are yet to bring it under control.

The quick spread of the pandemic and inability to bring it under control led a series of blame games and rivalries among some of the biggest nations.

As China quickly recovers, the balance of power may shift post-pandemic.

Konstantina Beleli, an economist and consultant, shared an article on how the Covid-19 pandemic is aggravating existing rivalries and blame games between nations.

The article notes that in the differences in economic and demographic growth is expected to shift the balance of power from the west to the east.

The pandemic has exposed the weaknesses in the European Union (EU), while intensifying the rivalries between the US, China and Russia.

Read more

11:29 am

International Update: Global Covid-19 cases increasing by 200,000 a day – US deaths pass 131,000 – UK to reveal mini budget

8 July

Global: There are nearly 11.9 million confirmed coronavirus cases worldwide, according to researchers at Johns Hopkins University.

The WHO says coronavirus cases are increasing by 200,000 a day, doubling from April and May. The WHO emergencies chief said that the number of Covid-19 deaths appeared to be stable for the moment, but he cautioned that there is often a lag time between when confirmed cases increase and when deaths are reported due to the time it takes for the coronavirus to run its course in patients.

The World Health Organization on Tuesday acknowledged “evidence emerging” of the airborne spread of the coronavirus, after a group of scientists urged the global body to update its guidance on how the respiratory disease passes between people.

US: Known US coronavirus cases stand at almost three million, with 2,911,888 currently confirmed on the Johns Hopkins University tracker. The country’s death toll has passed 131,000 following a massive surge of new cases that has derailed efforts to restart the economy.

The US state of California has reported a record daily rise in confirmed cases of coronavirus – some 10,201 cases.

The US will withdraw the World Health Organisation (WHO) on 6 July 2021 under a 1948 joint resolution of the US Congress, which also obliges Washington to pay financial support. Joe Biden, Trump’s Democratic challenger for the presidency, said he would return the US to the WHO once elected.

Brazil: President Jair Bolsonaro has tested positive for Covid-19. He said he began feeling ill on Sunday and has been taking hydroxychloroquine, an anti-malarial drug with unproven effectiveness against Covid-19. In addition, the country has recorded another 1,312 deaths and more than 48,000 new cases.

UK: Scientists at University College London are warning of the risk of brain damage from coronavirus. UCL researchers studied 43 patients who suffered either temporary brain dysfunction, stroke, nerve damage or other serious effects on their brain, and say the disease can lead to severe neurological complications including psychosis and delirium.

India: Mumbai will no longer require a doctor’s prescription from people seeking a test for coronavirus, as India’s largest city and the epicenter of its outbreak seeks to catch more cases early.

Japan: Tokyo has confirmed more than 100 virus cases for six straight days, yet there’s no sign a new state of emergency will be announced.

Lockdown updates

Australia: Australia’s coronavirus emergency cabinet will consider limiting the number of its citizens and residents returning home from overseas, Prime Minister Scott Morrison said on Wednesday. The prime minister added there were no plans to reimpose restrictions across the country, after Victoria, the country’s second-most populous state, enforced stay-at-home rules in metropolitan Melbourne and one regional area due to a spike in infections.

New Zealand: Officials are reviewing security at mandatory quarantine hotels after a man who tested positive for Covid-19 escaped and spent an hour wandering city streets.

Israel: Israel’s public health director has quit amid a spike in new coronavirus cases, saying the country had been too hasty to reopen its economy and had lost its way in dealing with the pandemic.

Economy updates

UK: Britain is to unveil a mini-budget to kickstart the UK economy, hoping costly infrastructure investment will help build its way out of the crisis caused by the coronavirus outbreak. Finance minister Rishi Sunak is due to deliver his spending plans at 1130 GMT, having already flagged £3 billion ($3.7 billion, €3.3bn) of green investment.

Malaysia: Auditors for AirAsia, Southeast Asia’s biggest low cost carrier, have warned there is risk to the airline’s ability to continue in business as a result of the coronavirus pandemic.

11:14 am

GlobalData Epidemiologist Report: Global Covid-19 cases pass 11.8 million – US infections reach 2.99 million as the rise continues

8 July

Globally, the total confirmed cases of Covid-19 have reached over 11,840,000, with over 544,000 deaths and 6,340,000 recoveries.

Daily confirmed cases continue to rise across the world.

The total confirmed cases in the US cases have now reached nearly three million and  will continue to rise rapidly in the near future.

Brazil and India which are the second and third most affected countries are also reporting high number of daily new cases.

In the majority of countries in Europe, cases are in decline although localized outbreaks have been reported in some countries.

Israel was one of the few countries which kept the Covid-19 cases under control in the first wave of this pandemic.

However, cases have started to spike in the recent days cancelling the earlier achievement and the country has re-imposed a lock-down.

Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData 

7:33 am

Pandemic driven job losses ten times times higher than 2008 banking crisis

8 July

Unemployment rates have reached unprecedented levels globally due to the Covid-19 pandemic.

The impact of the pandemic on jobs is ten times higher than the 2008 global financial crisis.

Despite the job retention schemes and unemployment benefits offered by governments, unemployment rates are not expected to recover until after 2021.

Miles Corak, professor of economics at The Graduate Center, shared statistics related to the job retention schemes implemented across various countries from an article published by the Organisation for Economic Co-operation and Development (OECD).

The article details how the Covid-19 pandemic is leading to a collapse in economic activity and increasing unemployment rates, which is expected to reach 12% globally and 10% for OECD countries by the end of 2020.

Corak noted that these job retention programmes have not succeeded in Canada as businesses have not adopted them.

He added that temporary layoffs are turning into permanent layoffs resulting in an increase in the duration of unemployment and decline in earnings.

In other news, Fausto Panunzi, professor of economics at the University of Bocconi, shared an article on the revival of pawnshops in Italy.

With banks declining to extend loans and government aid packages set to end next month, Italians are turning to pawnshops for loans.

Read more

10:16 am

GlobalData Epidemiologist Report: Global Covid-19 cases pass 11.6 million as infections continue to rise – UK most heavily affected in Europe

7 July

Globally, the total confirmed cases of Covid-19 have reached over 11,620,000, with over 538,000 deaths and 6,303,000 recoveries.

Daily confirmed cases continue to rise across the world.

Of the top ten most affected countries, five countries are in North and Latin America. Brazil, Chile, Peru, Mexico and the US contribute roughly 45% to the total confirmed case burden in the world.

In Asia, India is continuing to report the high number of daily confirmed cases.

In the majority of countries in Europe, daily confirmed cases continue to decrease.

The UK has been the most heavily affected country in Europe with highest number of Covid-19 deaths.

The number of cases and deaths in the UK are in sharp decline in recent days.

However, localized outbreaks have been reported which may be an indicator of a potential resurgence of cases.

Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData

9:58 am

International Update: US Covid-19 cases near three million – infections in India pass 700,000 – Israel re-imposes restrictions

7 July

US: Known US coronavirus cases stand at almost three million, with 2,911,888 currently confirmed on the Johns Hopkins University tracker. The country’s death toll passed 130,000 on Monday, following a massive surge of new cases that has derailed efforts to restart the economy.

India: India has reported 467 new deaths on Tuesday, taking the toll to 20,160. It also recorded 22,252 new infections, increasing the total to 719,665. The country on Monday overtook Russia as the third most affected country globally, behind the United States and Brazil.

Australia: The state of Victoria, which is fighting a worsening coronavirus outbreak, has confirmed 191 new cases overnight, breaking yesterday’s record of 127 cases.

UK: Nearly one in six Britons will refuse a coronavirus vaccine if and when one becomes available, and a similar number are unsure whether they will get one, according to a survey. The findings come amid a significant rise in anti-vaccination sentiment on social media, and represent a threat to efforts to contain the disease.

South Africa: South Africa’s coronavirus cases have passed 200,000, the highest total in Africa. There are currently 205,721 cases and 3,310 deaths recorded, making it the 15th worst-affected country worldwide.

DRC: The Democratic Republic of Congo extended its coronavirus health emergency on Monday for 15 days, the sixth extension since March, with some lawmakers voicing concern about the effect on the economy.

China: Beijing has reported no new cases of coronavirus for the first time since an outbreak emerged at the Chinese capital’s main wholesale market last month.

Lockdown updates

New Zealand: New Zealand’s government will limit the number of citizens flying home with the national airline to reduce pressure on its overflowing quarantine facilities.

Israel: Israel has re-imposed certain restrictions after a surge in cases, to avoid a wider lockdown that could devastate the economy. Bars, nightclubs, gyms and event halls have been closed.

7:23 am

Orthodox economics ineffective during Covid-19 pandemic

7 July

The Covid-19 pandemic has exposed the already deepening crises facing the world.

Traditional economic theories did not provide the solutions needed to address these problems as it is limited to cost-benefit analysis and mathematical models.

Post Covid-19, economists should focus on precautionary action that can help the world cope with unforeseen disasters.

Richard Murphy, professor of international political economy at the University of London, shared an article on how orthodox economics is proving ineffective during the current Covid-19 pandemic.

The article notes that the world was already facing a number of crises before the pandemic including climate change, inequality and robots replacing humans.

Conventional economic theories have not been helpful in addressing these problems as solutions were often disregarded as being unaffordable and counter-productive.

The article notes that the traditional cost-benefit way of decision making should be avoided and a bottom-up approach to economics must be adopted.

Read more

12:12 pm

GlobalData Epidemiologist Report: Global Covid-19 infections pass 11.45 million – South Africa struggles to control surge of new cases

6 July

Globally, the total confirmed cases of Covid-19 have reached over 11,450,000, with over 535,000 deaths and 6,180,000 recoveries.

Cases have been rising rapidly in North and Latin America, with the US and Brazil contributing to the most of in the increase in the daily new cases.

In the majority of countries in Europe and Asia, daily confirmed cases continue to decrease.

However, cases in India are rising at the fastest pace in Asia with a record number of daily new cases.

South Africa has been the most heavily affected country in Africa by Covid-19.

Given that it is one of the most developed countries in Africa, its struggle to control the surge of new cases does not bode well for other African countries with far fewer resources than South Africa.

Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData

10:06 am

International Update: Global Covid-19 cases pass 11.4 million – infections rising by one million a week

6 July

Global: There are currently 11,419,638 confirmed coronavirus cases worldwide, according to researchers at Johns Hopkins University, as infections continue to rise by around one million per week. There are 15 countries with over 200,000 known cases each.

US: The US Centers for Disease Control and Prevention on Sunday reported 52,228 new cases, and said the number of deaths had risen by 271 to 129,576.

Brazil: Brazil has recorded 26,051 new confirmed cases of the novel coronavirus in the past 24 hours as well as 602 deaths, pushing cumulative deaths to a total of 64,867.

Mexico: Health authorities reported 4,683 confirmed new infections of Covid-19 on Sunday, pushing its tally to a total of 256,848, and 273 more deaths to a total of 30,639. In addition, Mexico’s president Andres Manuel Lopex Obrador refused to compare Mexico with European countries as the country’s coronavirus death toll mounted.

India: India reported just under 25,000 cases and 613 deaths in 24 hours – the biggest daily spike since the first case was detected in late January.

Iran: The latest figures published by the Iranian health ministry on Sunday showed a record 163 had died in the past 24 hours, higher than any daily figure in the country over the course of the pandemic so far.

Peru: Peru on Sunday jumped past 300,000 confirmed cases of Covid-19, the fifth-highest in the world, as the nation of nearly 33 million people slowly reopens its battered economy.

UK: The Department for Health and Social Care reported that the UK had another 516 positive cases on Saturday, down from 624 the day before and taking the total to more than 285,000. There were 22 new deaths from the virus.

Australia: The state of Victoria recorded its largest jump in cases at any point in the coronavirus crisis, with 127 cases reported on Monday, as the premier announced the border with neighbouring New South Wales would be closed from midnight on Tuesday.

Germany: Germany’s coronavirus infection rate rose slightly while remaining below the key threshold of 1.0 for a 12th day, and the number of new cases held far below the level at the height of the outbreak.

South Africa: South Africa reported a record 173 deaths, bringing the total to 3,199. The number came after four consecutive days of record rises in cases. Cumulative infections rose to 196,750 with 8,773 new cases in the latest daily report.

Lockdown updates

Saudi Arabia: Saudi Arabia announced health protocols to prevent the spread of the new coronavirus in the 2020 hajj season, banning gatherings and meetings between pilgrims, the state news agency said on Monday.

Spain: A lockdown has been ordered for a region of Galicia in north-western Spain, restricting travel in and out of A Marina for about 70,000 residents. The five-day measure was ordered after cases started to rise from two different outbreaks.

Greece: Greece has announced it will prohibit Serbian tourists from entering the country as of 6am tomorrow. The ban, due to last until at least 15 July, follows a surge in incidents of coronavirus in the Balkan state.

Kazakhstan: Kazakhstan on Sunday imposed a second round of nationwide restrictions that are to last at least two weeks, in a bid to counter a huge surge in coronavirus cases which has overwhelmed the country’s healthcare system.

India: India has withdrawn a planned reopening of the Taj Mahal, citing the risk of new coronavirus infections spreading in the northern city of Agra from visitors, as the country’s infections are rising at the fastest pace in three months.

Philippines: Coronavirus cases in the Philippines rose by a record on Sunday, which authorities attributed to increased contact among the population as quarantine measures are eased.

Economic updates

UK: Prime minister Boris Johnson will inject £1.57bn into Britain’s beleaguered arts and heritage sectors in a long-awaited coronavirus rescue package described by the government as the biggest one-off investment in UK culture.

Hong Kong: Business conditions in Hong Kong showed further signs of stabilization in June, as the government eased social-distancing restrictions with coronavirus infection rates largely under control.

US: A House Democratic spending bill will set aside $10 billion for the coronavirus response and require the US to send funds to the World Health Organization, an agency targeted by President Donald Trump over its handling of the pandemic.

6:58 am

Low demand could stall oil prices until 2030

6 July

Oil demand witnessed an unprecedented shock in 2020 as the Covid-19 pandemic brought the world to a standstill.

Lockdown measures and decline in mobility is expected to lead to the largest fall in oil demand in history in 2020.

Although demand returned in the second quarter, oil demand may not return to peak before 2030.

Daniel Lacalle, an economist and chief economist at Tressis SV, shared an article on the forecasts on oil demand made by Goldman Sachs.

Demand for oil is expected to return to pre-Covid-19 pandemic levels by 2022, according to analysts at Goldman Sachs.

The article adds that global demand for oil is expected to decline by 8% in 2020 and rebound by 6% in 2021.

Further, Goldman Sachs analysts predict that oil prices are not expected to peak before 2030.

Read more

8:01 am

US government urged to increase relief measures for small businesses and jobless

3 July

The US job market gained a significant number of jobs during June particularly in the retail, leisure and hospitality sectors, which were severely affected by the Covid-19 pandemic.

However, permanent job losses are still rising even as workers start to return to their jobs.

As some states re-impose certain restrictions due to resurgence in Covid-19 cases, more jobs are projected to be lost.

Claudia Sahm, an economist, shared statistics related to unemployment rates in the US.

The data shows that permanent jobs losses are rising despite 4.8 million furloughed workers being brought back to work, according to the latest job report from the US Labour Department.

Further, the statistics reveal that the job market is still below the 15 million jobs registered during February.

Sahm noted that the government should announce more relief measures for families, small businesses, and state/local government.

Read more

1:48 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 10.7 million – US, Russia, India and Brazil contribute over 50% of cases

2 July

Globally, the total confirmed cases of Covid-19 have reached over 10,717,000, with over 516,000 deaths and 5,501,000 recoveries.

Worldwide, total confirmed cases and total deaths continue to rise.

This is primarily driven by increasing trends observed in Latin America, North America, and Eurasia.

More specifically, the US, Brazil, Russia, and India contribute over 50% of cases to the global confirmed case burden, and over 40% of deaths to the global death toll.

In the Eastern Mediterranean region, daily confirmed cases and daily deaths continue to surge, with Iran, Saudi Arabia, and Pakistan at the forefront.

To date, these three countries alone contribute nearly 60% of cases to the total confirmed case burden in this region.

Additional countries to watch include Egypt, Iraq, and Oman.

Natasha Karim, MPH, Managing Epidemiologist at GlobalData

9:35 am

International Update: Global Covid-19 cases near 10.7 million – countries try to allay fears after US Remdesivir grab

2 July

Global: Currently, 10,694,288 cases of coronavirus have now been confirmed worldwide, and 516,210 deaths recorded according to Johns Hopkins University. The US has the biggest outbreak, with 2,686,480 confirmed cases, followed by Brazil (1,448,753), Russia (653,479), India (604,641) and the UK (314,992).

Countries including Britain, Germany and Switzerland sought to allay concerns that they won’t have sufficient stocks of Gilead Sciences Inc.’s Remdesivir, one of two drugs shown to treat Covid-19, after the US forged a deal to snap up almost all the supplies for three months.

US: Covid-19 cases in the US rose by almost 50,000, the biggest daily increase since the pandemic started, according to the latest Reuters tally late on Wednesday.

India: India has now recorded more than 600,000 coronavirus infections and 17,834 deaths. The country has the fourth-largest outbreak in the world, and the increase in infections presents a severe challenge for its overburdened health system.

Mexico: Mexico’s health ministry has reported 5,681 new cases of coronavirus infections and 741 additional fatalities, bringing the total in the country to 231,770 cases and 28,510 deaths.

Colombia: Colombia’s confirmed coronavirus infections tipped across the 100,000 case threshold on Wednesday, as the country’s quarantine measures roll on and intensive care units fill, Reuters news agency reported.

Germany: The number of confirmed coronavirus cases in Germany increased by 503 to 195,228, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday. The reported death toll rose by nine to 8,994.

China: China on Thursday reported three new coronavirus cases and two new asymptomatic case in the mainland for 1 July, compared with three cases a day earlier, the health authority said.

A small World Health Organization advance team is making preparations with Chinese colleagues to set up the scope of its mission to China to investigate the origins of the coronavirus, according to Mike Ryan, head of the WHO’s emergencies program.

South Korea: South Korea found 54 more confirmed Covid-19 cases in 24 hours, raising the total tally to 12,904, according to data from Korea Centers for Disease Control & Prevention.

Thailand: Thailand has confirmed six new cases of Covid-19, all related to returnees who are staying in state quarantine. The country has recorded no local transmission of the virus for more than five weeks.

New Zealand: Health minister, David Clark, resigned on Thursday, following recent slip-ups in the government’s response to the Covid-19 pandemic and personal mistakes. Clark said Prime Minister Jacinda Ardern had accepted his resignation.

Lockdown updates

US: The US has postponed flights for dozens of American diplomats who had planned to return to China later this month, Reuters reports, after failing to reach an agreement with Beijing over issues including Covid-19 testing and quarantine.

Australia: Police in Melbourne have warned that little leniency will be shown to people found flouting lockdown rules in hotspot areas, Australian Associated Press reports. More than 300,000 people entered a second lockdown in Melbourne’s inner north and west from Thursday after a spike in coronavirus cases.

Cuba: Cuba has announced that it will begin easing a pandemic lockdown on Havana on Friday, while most of the rest of the country will move to phase two of a three-phase process towards normalization.

Japan: Tokyo confirmed more than 100 new coronavirus infection cases on Thursday, according to public broadcaster NHK, the Japanese capital’s highest daily tally in two months. The city of 14 million initially sought to hold new daily cases below 20 since Japan lifted a state of emergency on 25 May, but its tally has consistently exceeded 50 recently, Reuters reports.

France: All indicators are showing the coronavirus is under control in mainland France after some 200 clusters identified since lockdown measures were loosened were contained, French Health Minister Olivier Veransaid in an interview on RTL radio.

Economic updates

US: Manhattan home sales plunged the most on record in the second quarter as New York was shut down to prevent the spread of Covid-19.

The US House of Congress on Wednesday approved the extension of the popular Paycheck Protection Program for small businesses until 8 August, hours after the deadline for applications lapsed with more than $130 billion still available.

Australia: About 480,000 mostly younger Australian workers have drained their retirement savings accounts after the government allowed early access to alleviate their financial hardship during the coronavirus outbreak, according to an industry group.

7:34 am

Covid-19 affect on job market worse than expected

2 July

Governments across the world have collectively injected more than $10tn in fiscal stimulus since the onset of the Covid-19 pandemic.

Despite this stimulus, unemployment and business closures have been at an all time high.

Governments, workers and employers need to work together to draft an economic recovery plan that is both sustainable and effective in the long run.

Colin Williams, professor of public policy at the University of Sheffield, shared an article by UN News on the forecasts made by the International Labour Organization (ILO) on the tough road ahead for the global job market.

The ILO noted that the Covid-19 pandemic has affected the job market more than initially predicted.

The article noted that working hours fell by 14% in the second quarter of 2020 equivalent to the loss of approximately 400 million jobs.

In other news, Rob Gill, managing director at Altura Mortgage Finance, shared an article on forecasts made by the Bank of England’s chief economist on a possible V-shaped recovery for the UK, although a prolonged period of unemployment is expected.

Read more

2:42 pm

GlobalData Epidemiologist Report: Global Covid-19 cases near 10.5 million – EU begins to open borders

1 July

Globally, the total confirmed cases of Covid-19 have reached over 10,499,000, with over 511,000 deaths and 5,377,000 recoveries.

In the majority of countries in Europe and Asia, daily confirmed cases continue to decrease, while North America and Latin America continue to see a rise in daily cases.

The US and Brazil primarily drive these increases due to the sheer magnitude of total confirmed cases that rank them first and second highest in the world, respectively.

Starting today, the European Union (EU) opens its borders to travelers from more than a dozen countries.

Several criteria have been set to determine which countries are safe. The criteria require that in the previous 14 days, confirmed cases per 100,000 citizens are similar or below that of the EU, and daily confirmed cases show a stable or decreasing trend.

The list of safe countries will be reviewed every two weeks.

Natasha Karim, MPH, Managing Epidemiologist at GlobalData

 

9:37 am

International Update: Global Covid-19 cases pass 10.4 million – US corners World Remdesivir supplies

1 July

Global: There are 10,450,628 confirmed coronavirus cases worldwide, and 510,632 deaths, according to the Johns Hopkins University tracker.

US: Tuesday saw 44,358 new coronavirus cases confirmed in the US, according to The Covid Tracking Project, which said on Twitter that the seven-day average for new daily cases as doubled since 13 June and that hospitalisations in the country jumped by the highest number since 21 April.

The US has bought up virtually all the stocks for the next three months of Remdesivir, one of the two drugs proven to work against Covid-19, leaving none for the UK, Europe or most of the rest of the world. In addition, South Korea’s Yonhap News Agency reports that the country has started providing the drug to patients for coronavirus treatment.

Brazil: Brazil has reported 1,271 coronavirus deaths in 24 hours, bringing its total since the start of the pandemic to 59,656.

Mexico: Mexico reported 5,432 new confirmed Covid-19 cases, bringing the total to 226,089, according to data released by the Health Ministry. Deaths rose 648 to 27,769.

Japan: Tokyo has confirmed 67 new cases of coronavirus infection, marking the highest daily tally in the Japanese capital since the state of emergency was lifted in late May.

North Korea: The WHO has told NK News that North Korea has tested just 922 people for Covid-19. It’s the first update on the coronavirus situation in North Korea for two months.

Singapore: Singapore has controlled the spread of the coronavirus and kept fatality rates low, the country’s Prime Minister Lee Hsien Loong says in a letter posted to his Facebook page. Singapore is still recording more than 200 new cases of the coronavirus a day, with its overall tally at 43,907 infections, the second-highest in Southeast Asia.

Lockdown updates

Australia: Australian authorities will lock down around 300,000 people in suburbs north of Melbourne for a month from late on Wednesday to contain the risk of infection after two weeks of double-digit rises in new coronavirus cases in Australia’s second most populous state.

US: New York Governor Andrew Cuomo announced that travellers from eight additional states, including California, will be required to quarantine for 14 days when travelling to New York.

Economic updates

Global: The pandemic has taken a much heavier toll on jobs than previously feared, the UN says, warning the situation in the Americas is particularly dire. In a fresh study, the International Labour Organization (ILO) estimates that by the mid-year point, global working hours were down 14 percent compared to last December – equivalent to some 400 million full-time jobs.

The United Nations has called on governments to provide nearly $10bn in aid for Syria, as the war-torn country’s humanitarian crisis deepens amid the coronavirus pandemic.

Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer through the crisis brought on by the coronavirus pandemic.

Asia: Asia’s loss of economic output due to the deadly coronavirus will likely persist until 2022, according to the International Monetary Fund.

7:16 am

How wearing masks can save 5% of US GDP during Covid-19 pandemic

1 July

Covid-19 cases in the US are on the rise again as many states have withdrawn lockdown relaxations and imposed stay-at-home orders.

Another round of lockdown measures could prove devastating to the US economy. A nationwide policy urging people to wear masks could help save the economy.

Christopher Ingraham, a journalist, shared an article on research conducted by a team of economists at Goldman Sachs that revealed that wearing masks can help in saving 5% of GDP in the US.

The article notes that another round of lockdowns can be avoided if the US implemented a nationwide mask policy mandating everyone to wear a mask.

The US has not adopted a mask policy compared to Europe and Asia, where masks have witnessed a widespread uptake.

The article notes that state-wise implementation of mask policy has helped in cutting infection rate by 25%.

A country-level implementation may help in reducing the infection rate.

Read more

2:54 pm

GlobalData Epidemiologist Report: Global Covid-19 cases exceed 10.4 million with 509,000 deaths – lockdowns reinstated in Australian state of Victoria

30 June

Globally, the total confirmed cases of Covid-19 have reached over 10,415,000, with over 509,000 deaths and 5,253,000 recoveries.

Across the world, daily confirmed cases continue to rise.

Of the top ten most affected countries, less than half continue to report increases in daily confirmed cases. However, of these, the US, Brazil, India, and Iran contribute roughly 70% to the top ten total confirmed case burden, and nearly 50% to the global total confirmed case burden.

Meanwhile, Australia reported its highest number of new infections since the end of April, with over 80 daily confirmed cases reported on Monday.

This is primarily driven by spikes in new infections observed across Melbourne, a city in Victoria, the second most populous state.

As a result, the government has reinstated lockdowns in this region.

While the government announced a three-stage plan in May to ease lockdown restrictions, these localized outbreaks may be an indicator of a potential resurgence.

Natasha Karim, MPH, Managing Epidemiologist at GlobalData

1:13 pm

International Update: Global Covid-19 cases pass 10 million – pandemic ‘speeding up’, says WHO

30 June

Global: As of 29 June there have been 10,021,401 cases of Covid-19 and 499,913 deaths, according to the World Health Organisation (WHO) who called the figures ‘a sombre landmark’.

WHO chief, Tedros Adhanom Ghebreyesus told a briefing: “The hard reality is that this is not even close to being over. Although many countries have made some progress, globally the pandemic is actually speeding up.”

US: Los Angeles County recorded an “alarming” one-day spike of nearly 3,000 new Covid-19 infections on Monday, taking its total to more than 100,000 cases.

Houston-area intensive-care unit wards were 95% full as of Sunday night, up from 93% on Saturday, according to data from the Texas Medical Center.

Japan: Tokyo Governor Yuriko Koike said Japan’s capital had a caseload in the “mid-50s” on Tuesday, broadcaster NTV reported.

New Zealand: New Zealand confirmed no new cases of Covid-19, after two weeks with a number of cases in returning travellers.

China: China’s National Health Commission says the country had 19 new cases of coronavirus up to midnight on June 29, compared with 12 the day before.

Researchers in China have discovered a new type of swine flu that is capable of triggering a pandemic, according to a study in the US science journal PNAS.

Ireland: The number of reported new cases of Covid-19 in Ireland has begun to increase in a “worrying” trend, the chief medical officer warned.

Iran: Iran reported 162 more deaths from Covid-19, the highest single-day toll since the country’s outbreak began in February.

Germany: Germany’s coronavirus infection rate held below the key threshold of 1.0 for a sixth day, and the number of new cases remained far fewer than the level at the height of the outbreak.

Lockdown updates

UK: On Monday the British government imposed a lockdown on the city of Leicester, which has a much higher Covid-19 infection rate than anywhere else in the country.

US: Los Angeles is to close its beaches for the 4 July holiday weekend after reporting a record one-day rise in cases.

The governor of the US state of Arizona has told bars, cinemas, gyms, water parks and nightclubs they have to close again.

New Jersey governor Phil Murphy said on Monday indoor dining will no longer resume on Thursday in the state as previously planned.

Mexico: Mexico City began allowing more businesses to reopen Monday, after almost three months of various types of lockdowns.

Australia: The state of South Australia has cancelled plans to reopen its borders to interstate travellers from neighbouring Victoria after a spike in coronavirus cases there.

Ireland: Ireland moves to the third stage of reopening on Monday, with domestic travel resuming, most businesses able to operate and sports restarting, Prime Minister Leo Varadkar said in Dublin. Face coverings will be mandatory on public transport. Some restrictions on international travel will ease 9 July, he said.

Economic updates

Japan: Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll.

 

7:58 am

Covid-19 spread was aided by resistance to evidence of asymptomatic transmission

30 June

Health officials and government authorities ignored the risk of asymptomatic transmission of Covid-19 despite mounting evidence from scientists across the world.

Acknowledgement of the risk would have necessitated drastic containment measures, something which government officials were reluctant to implement.

Timely response was the most crucial element for stopping the global spread of the disease.

Paul Romer, an economist, shared a New York Times article on how a two-month delay over public health response to Covid-19 led to its global spread.

The delay was due to faulty scientific assumptions and resistance towards new evidence on the evolving nature of the disease, which resulted in a sluggish response to controlling the spread of the virus.

Despite some scientists raising red flags over asymptomatic transmission, the warnings were dismissed by health officials and political leaders.

Asymptomatic transmission would have required more aggressive methods of containment including wearing of masks by healthy persons and restriction of international travel.

The reluctance of adopt such drastic measures was one of the main reasons for the global spread of the disease that has cost thousands of lives, the article adds.

 

Read more

1:58 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 10.1 million – more than half a million deaths – India fears second surge

29 June

Globally, the total confirmed cases of Covid-19 have reached over 10,168,000, with over 502,000 deaths and 5,158,000 recoveries.

Worldwide, daily confirmed cases continue to increase.

In North America and across the world, the US maintains its place as the most affected country with over 2.5 million total confirmed cases, while Russia leads the Eurasian region with over 640,000 total confirmed cases, and Brazil leads the Latin American region with over 1.3 million total confirmed cases.

Meanwhile, India sets a record high with nearly 20,000 daily confirmed cases reported on Sunday.

This marks the country’s biggest one-day jump, and brings the total number of confirmed cases to about 550,000.

India is currently the fourth worst-hit nation in the world, following the US, Brazil, and Russia.

However, if India continues to experience a surge in cases, it will likely surpass Russia.

Natasha Karim, MPH, Managing Epidemiologist at GlobalData  

7:30 am

No certainties in global economic recovery post Covid-19

29 June

Countries across the world have started reopening their economies despite the rising number of cases in hopes of a quick recovery from the pandemic.

Global recovery from the pandemic, however, seems very uncertain as it has caused an uneven impact on various sectors and countries.

Konstantina Beleli, economist, shared forecasts made by the International Monetary Fund (IMF) about an uneven and uncertain recovery from the Covid-19 pandemic as 75% of countries start to lift lockdown restrictions.

The IMF forecasts that the global economy will witness a deeper contraction of 4.9% and an uneven recovery as different countries and sectors were impacted at different levels by the pandemic.

The global impact of the pandemic is impacting export-dependent economies, while trade tensions are further compounding the recovery of global trade.

Policy makers should watch the situation as it evolves and provide sufficient fiscal and monetary support, the article adds.

In other news, a survey of Australian economists points to a weak ‘W shaped’ recovery and declining living standards in their country.

Read more

1:52 pm

GlobalData Epidemiologist Report: Global Covid-19 cases pass 9.6 million – more than 2 million in Latin America – sharp increases in Eastern Europe

26 June

Globally, the total confirmed cases of Covid-19 have reached over 9,632,000, with over 489,000 deaths and 4,859,000 recoveries.

Worldwide, daily confirmed cases are increasing at a higher pace.

This is primarily driven by increases observed in countries with dense urban populations such as Brazil, India, Bangladesh, Pakistan, South Africa, and Mexico.

Additionally, in Latin America, the number of total confirmed cases has tripled in the past month, now surpassing 2 million infections.

In Eastern Europe, sharp increases in daily confirmed cases are being reported indicative of a second peak.

Ukraine and Croatia both observed a daily record spike in cases, with more than 1,100 new cases in Ukraine, and nearly 100 new cases in Croatia.

This will be a region to watch as the increases may signal an oncoming wave of new infections.

Bahram Hassanpourfard, MPH, Epidemiologist at GlobalData

9:49 am

International Update: US believed to have 20 million Covid-19 infections – consecutive day rise of 5,000 cases in Florida – threat to close UK beaches

26 June

Global: Cases worldwide were nearing 9.6 million on Friday, with the World Health Organisation saying it expected global infections to pass ten million by the end of the week. The current total stands at 9,586,769. At least 488,740 people have died so far.

US: Government experts believe more than 20 million Americans could have contracted coronavirus. Cases are now rising in 27 US states, up from 22 earlier this week.

The US Vice-President Mike Pence will lead a coronavirus task force press briefing on Friday morning as cases rise in 27 states.

For the second consecutive day, Florida has reported more than 5,000 new confirmed cases of Covid-19. Thursday’s rise in reported cases was lower than Wednesday’s record-setting mark, but it is only the second time the state has crossed the 5,000-case mark in a day.

The number of US coronavirus infections rose by at least 39,818 cases at the end of Thursday, according to a Reuters news agency tally, marking the biggest daily increase in the country since the start of the pandemic.

Europe: A Europe-wide study shows child virus deaths ‘extremely rare’. Fewer than one in 100 children who test positive for Covid-19 end up dying although a small but significant percentage develop severe illness, a new Europe-wide study showed Friday.

Dr Hans Henri P Kluge, the World Health Organization regional director for Europe, expressed concern over a resurgence of coronavirus infections on the continent, saying that last week that Europe saw an increase in weekly cases for the first time in months.

China: China reported a further decline in newly confirmed cases of the coronavirus on Friday, with 13 cases. There were 11 in Beijing, where mass testing has been carried out following an outbreak that appears to have been largely brought under control.

South Korea: South Korea reported 39 new cases, mostly from the densely populated Seoul metropolitan area where officials have been struggling to stem transmissions amid increased public activity and eased attitudes on social distancing.

New Zealand: New Zealand has reported one new case of Covid-19. After reporting just over a week without any active cases of the virus, the number of diagnosed instances has started to increase again as a growing number of New Zealanders return from Covid-19 hotspots abroad.

Mexico: Mexican Finance Minister Arturo Herrera said he has tested positive for Covid-19 and is working from home under quarantine, according to a tweet. Herrera said he has “light symptoms” of the coronavirus.

Lockdown updates

UK: Health secretary Matt Hancock threatens to close beaches. A major incident was declared after tens of thousands of people defied pleas to stay away and descended in their droves on beaches in Bournemouth and other stretches of the Dorset coast.

Ireland: Ireland moves to the third stage of reopening on Monday, with domestic travel resuming, most businesses able to operate and sports restarting, Prime Minister Leo Varadkar said in Dublin. Face coverings will be mandatory on public transport. Some restrictions on international travel will ease 9 July, he said.

Economic updates

Vietnam: Prime Minister Nguyen Xuan Phuc warned the pandemic had swept away years of economic gains as South-East Asian leaders met online to discuss a regional emergency fund to tackle the crisis.

US: Bain Capital LP agreed to buy collapsed Virgin Australia Holdings Ltd. in one of the biggest single bets on the airline industry since it was shattered by the coronavirus pandemic.

 

7:10 am

UNCTAD forecasts 40% decline in FDI due to Covid-19 pandemic

26 June

Foreign direct investments (FDI) are projected to plunge by 40% in 2020 due to the recession caused by the Covid-19 pandemic.

Developing and emerging economies are expected to be the worst affected with export-oriented and commodity linked investments projected to be severely impacted.

The decline in FDIs may transform international production and increase sustainability.

Olga Solleder, an economist, tweeted forecast made by the United Nations Conference on Trade and Development (UNCTAD) on the decline in FDI by 40% in 2020.

The projections are based on UNCTAD’s new report World Investment Report 2020.

The new report notes that FDI will decline below $1tn for the first time since 2005.

FDI is expected further decline by 5%-10% in 2021, the report adds.

Read more

2:40 pm

GlobalData Epidemiologist Report: Covid-19 cases reach a daily global record high with more than 212,000 infections

25 June

Globally, the total confirmed cases of Covid-19 have reached over 9,453,000, with over 483,000 deaths and 4,764,000 recoveries.

Worldwide, the number of daily confirmed cases has reached a record high with over 212,000 cases reported.

Brazil reported a staggering number of over 82,000 newly confirmed cases, more than two times higher than daily records reported by the US.

Additionally, Brazil reported a daily record high of over 2,500 deaths.

In the US, daily confirmed cases hit a new high with nearly 38,000 cases, two months after the last peak.

Despite the increasing number of daily confirmed cases, daily deaths continue to decrease with less than 800 deaths reported.

In South Africa, India, Pakistan and Latin America, the pandemic continues to grow rapidly.

Bahram Hassanpourfard, MPH, Epidemiologist at GlobalData

10:08 am

International Update: Global Covid-19 cases expected to pass 10 million by weekend – US confirms second highest one day total

25 June

Global: Covid-19 cases worldwide passed 9.4 million on Thursday, with the WHO saying it expected global infections to pass ten million by the end of the week. At least 480,000 people have died so far.

The World Health Organization has warned that hospitals are facing a shortage in oxygen concentrators, which are needed to support the breathing of Covid-19 patients suffering from respiratory distress, as one million new cases of coronavirus are confirmed worldwide per week.

Volunteers in the UK, Brazil and South Africa received their first doses of an experimental vaccine as part of a human trial run by Oxford University, as cases continue to rise and concerns grow over potential access to life-saving treatments.

US: Cases continue to surge in the Americas, with the US confirming its second-highest one-day total in the pandemic so far, according to Oxford University data project Our World in Data, with 34,700 new infections. It is the highest since 26 April, when a record 48,529 cases were confirmed in 24 hours.

Seven US states, mainly in the south and west, and including Texas, California and Arizona, reported record increases on Wednesday with the nationwide tally rising by more than 38,600.

Mexico: Mexico confirmed its second-highest daily coronavirus death toll so far, with 947 fatalities on Wednesday. The highest daily toll came on 3 June with 1,092 deaths.

China: China reported 19 newly confirmed cases of coronavirus amid mass testing in Beijing, where a recent outbreak appears to have been brought under control. Of the new cases it reported Thursday, 13 were in Beijing and one in the neighbouring province of Hebei.

Pakistan: Coronavirus testing numbers in Pakistan – one of the countries with the highest rate of spread of the infection currently – are continuing to drop, with just 21,835 tests conducted on Wednesday.

Australia: Australia’s military is to send 1,000 troops to Melbourne to tackle new coronavirus clusters that have emerged in the capital of Victoria state, which has recorded almost 150 new infections during the past week.

Germany: Germany’s coronavirus infection rate fell to the lowest in almost three weeks, while the number of new cases remained well below the level at the height of the outbreak.

South Korea: South Korea reported 28 new coronavirus cases in 24 hours, bringing the total tally to 12,563, according to data from Korea Centers for Disease Control & Prevention. Five of the new cases are imported and 23 cases are local. There was one additional death for a total at 282.

South Africa: South Africa reported a record 5,688 new cases, bringing the total to 111,796, data released Wednesday by the Health Ministry showed.

Lockdown updates

New Zealand: New Zealand citizens returning home from coronavirus hotspots are facing a backlash from some as people worry that the arrivals will bring a resurgence in cases.

UK: In a letter published in the British Medical Journal, doctors, including the presidents of the Royal College of Surgeons and the Royal College of Physicians, warned that local flare-ups are likely and a second wave is a real risk in the UK.

US: The governors of New York, New Jersey and Connecticut have ordered travellers from eight other states to quarantine for 14 days on arrival as the epidemic in the US gathers momentum.

Nevada Governor Steve Sisolak ordered everyone in the state to wear face masks in public after a spike in Covid-19 cases followed the reopening of the economy.

Vietnam: Prime Minister Nguyen Xuan Phuc says the country will not rush to open its borders to foreigners as it strives to prevent a second wave of the novel coronavirus outbreak, according to a post on the government’s website.

UAE: The United Arab Emirates has lifted a curfew put in place three months ago to help curb the spread of the coronavirus.

7:53 am

Targeted policies essential for post Covid economic recovery – accuracy of Covid-19 data cannot be trusted globally

25 June

Central banks of various economies have announced stimulus packages to deal with the impact caused by the Covid-19 pandemic.

These measures offer a short-term solution for the crisis.

More targeted policies that address various aspects of the economy are essential to enable a quick economic recovery.

Jonathan Portes, professor of economics at King’s College London, shared his article on the long-term impact of the Covid-19 crisis.

In the article, Portes notes that the unemployment caused by the pandemic may be severe for young people and reduce future employment and wage prospects.

The article also notes that 30% of firms in Europe are expected to face liquidity issues, while business investments are likely to remain weak during the short and medium term.

Portes adds that expansionary macroeconomic policies may be required to deal with the impact of the pandemic.

In other news, Prof. Steve Hanke, an economist at Johns Hopkins, opined that countries like Syria, China, Russia and Vietnam have complete control over media and cannot be trusted for the accuracy of their Covid-19 data.

Read more

2:53 pm

GlobalData Epidemiologist Report: Covid-19 cases near 9.3 million world wide – Saudi Arabia restricts Hajj – infections rise in Iran

24 June

Globally, the total confirmed cases of Covid-19 have reached over 9,273,000, with over 477,000 deaths and 4,645,000 recoveries.

Latin America, the US, India and Russia report about 70% of the global daily confirmed cases.

Sweden reported nearly 2,000 newly confirmed cases yesterday, accounting for the highest numbers in Europe.

In Portugal, several regions are hesitant to lift current restrictions as new cases emerge.

Saudi Arabia, the fifth most affected country in Asia, officially restricted the Hajj, an annual pilgrimage to Mecca.

As a result, foreigners are no longer allowed to attend the ceremony this year.

In Iran, several provinces continue to report high numbers of newly confirmed cases.

Bahram Hassanpourfard, MPH, Epidemiologist at GlobalData

12:02 pm

International Update: Global Covid-19 cases near 9.3 million while deaths approach 478,000 – ‘disturbing’ surge in cases in US

24 June

Global: Covid related deaths worldwide passed 475,000, according to Johns Hopkins University figures, with the known toll currently at 477,584, and known infections standing at 9,263,466.

US: The next few weeks are critical to tamping down a ‘disturbing’ coronavirus surge, Dr Anthony Fauci told Congress on Tuesday, issuing a plea for people to avoid crowds and wear masks just hours before mask-shunning President Donald Trump was set to hold a campaign rally in one hot spot.

Seven US states have reported their highest coronavirus patient admissions in the pandemic so far, as cases surge in the US following the easing of restrictions.

Brazil: Brazil confirmed more than 39,000 cases in a single day on Tuesday. The death toll in Latin America’s biggest economy stands at 52,645.

China: A Chinese pharmaceutical firm has won approval to run a large-scale “Phase 3” clinical trial of its novel coronavirus vaccine candidate in the United Arab Emirates. China is seeking to test potential vaccines overseas because of a lack of new patients at home.

Health authorities in China reported 12 new coronavirus cases on Wednesday, with seven recorded in the country’s capital, Beijing, indicating that a roughly two-week spike in the city appears to be firmly on the wane.

South Africa: A South African school confirmed 200 infections among pupils and staff. More than 200 pupils and staff who returned to a boarding school in South Africa’s impoverished Eastern Cape province this month tested positive for coronavirus on Tuesday, officials said.

Australia: Australia confirmed its first death in a month. The man in his 80s died in the state of Victoria, in the first coronavirus-related death in more than a month. Australia’s total death toll from the virus now stands at 103.

New Zealand: New Zealand recorded one new Covid-19 case, diagnosed in a traveller returning from abroad who remains in government-run isolation facilities. The country has reported 11 active cases, all in people returning to the country. Nine of them were diagnosed during their government-managed isolation and remain there.

Japan: Daily cases in Tokyo, Japan, have moved in a range of around 20 to 40 for much of the past week, with infections not exceeding 50 since early May, when the city was still under a state of emergency.

Italy: Italy registered 122 new coronavirus cases on Tuesday compared with 218 on Monday, based on figures released by the country’s civil protection agency. It was the fewest new infections since 26 February.

Lockdown updates

US: Jay Inslee, the governor of Washington state in the US, ordered residents to wear face masks in public after the region saw its positive tests rise by 35 percent last week.

EU: The European Union may decide to keep the door shut to Americans when the bloc eases controls on its external borders.

Maldives: Ibrahim Mohamed Solih, the president of the Maldives, said the island nation is opening its borders on July 15 to tourist arrivals from all countries.

Economic updates

Global: Medecins Sans Frontieres, and 40 civil society groups, are calling on GAVI to reviews its pricing mechanism for future coronavirus vaccines, ahead of a GAVI board meeting due to start in Geneva later on Wednesday.

7:57 am

Economists highlight self induced and Covid-19 driven recessions

24 June

The Covid-19 pandemic has pushed the global economy into a level of recession that was last witnessed during the World War II.

Emerging markets and developing economies are the worst affected as five out of six economies are expected to fall into outright recession as per capita income declines drastically.

Linda Yueh, an economist at the University of Oxford, shared an article by World Bank on the global impact of the Covid-19 pandemic.

The article notes that the recession caused by the pandemic will be the deepest since World War II and twice as deep as the 2008 global financial crisis.

The article further notes that emerging markets and developing economies are expected to contract for the first time in 60 years.

The global unemployment rate is also expected to rise to the highest levels since 1965, the article adds.

In other news, economist Dany Bahar noted that a decision made by the US government – to suspend visas for the H-1B programme designated for high-skilled workers and other categories – will result in a long-term, self-induced recession for the US.

He added that these policies are xenophobic and lack evidence to prove their rationale.

Read more

3:12 pm

GlobalData Epidemiologist Report: Global Covid-19 cases exceed 9.1 million – numbers still increasing

23 June

Globally, the total confirmed cases of Covid-19 have reached over 9,121,000, with more than 472,000 deaths and 4,548,000 recoveries.

Since early June, daily confirmed cases have increased worldwide, with the majority reported from Latin America, the US, Russia and India.

In Europe, the proportion of daily confirmed cases is less than 10% of the world, with Sweden and the UK reporting the highest number of daily confirmed cases.

In the UK, as the infection rate continues to fall, the government has eased restrictions for vulnerable individuals.

In Asia, countries with dense urban populations such as India, Pakistan and Bangladesh continue to report a high number of daily confirmed cases.

In Africa, daily confirmed cases are increasing steadily.

However, these cases represent about 5% of the global daily confirmed cases, with South Africa, Egypt and Cameroon reporting the highest numbers.

Bahram Hassanpourfard, MPH, Epidemiologist at GlobalData

9:47 am

International Update: Global Covid-19 cases pass 9 million – alarming surge to 2.3 million in US

23 June

Global: Currently, 9,079,452 confirmed cases of coronavirus have been reported, according to Johns Hopkins University. At least 471,754 people have died. The US is the world’s worst-affected country by case numbers, with more than 2.3 million cases.

The World Health Organization called on Monday for a rapid increase in production of dexamethasone, a cheap steroid which has been shown to reduce deaths in critically ill coronavirus patients.

Nearly 260 million children missed out on school in 2018 and the coronavirus pandemic has only exacerbated the problem, according to UNESCO’s 2020 Global Education Monitoring Report, which also said the pandemic was an opportunity for change and a rethinking of education systems.

French drugmaker Sanofi says it hopes to get regulatory approval for the coronavirus vaccine it is developing with Britain’s GlaxoSmithKline by the first half of next year.

US: The coronavirus death toll in the US has reached 120,340, according to the latest figures from John Hopkins University.

The Trump administration is temporarily suspending the entry of certain foreign workers to the United States to free up jobs while the economy reels from the coronavirus pandemic, despite strong opposition from many businesses.

California officials implored residents to wear face masks and keep their distance from each other, after a record number of people were hospitalised with coronavirus over the weekend.

Mexico: Mexico reported 4,577 new confirmed Covid-19 infections, bringing the country’s total to 185,122, according to its Health Ministry. Its death toll from the pandemic now stands at 22,584.

China: China reported 22 new coronavirus cases for 22 June, 13 of which were in the capital Beijing, the National Health Commission said on Tuesday.

South Africa: South Africa now has over 100,000 infections, the highest on the continent, while the number of deaths inched towards 2,000. Despite the grim death toll, data shows that the mortality rate in South Africa is at 2%, while 52.6% of virus patients have recovered.

India: India’s health ministry has said that the nationwide tally had reached 440,215 cases, including 14,011 deaths. The state of Delhi, which includes the capital of New Delhi, has reported 62,655 cases with the rate of new infections rapidly expanding in recent weeks as a nationwide lockdown has eased.

Lockdown updates

US: An alarming surge in coronavirus cases in parts of the US following eased lockdowns is raising concern that the outbreak is spiralling out of control because of Americans’ resistance to wearing masks and keeping their distance from others.

UK: British prime minister Boris Johnson will announce on Tuesday that museums, galleries and cinemas in England will be allowed to reopen from 4 July, alongside pubs, restaurants and hairdressers, in a decisive but potentially risky easing of lockdown measures in England.

South Korea: The South Korean city of Daegu is taking legal action against the Shincheonji church and its founder, claiming it hindered quarantine efforts and contributed towards mass infections of Covid-19 in February.

Denmark: As countries mull when to reopen, Denmark is seeing smaller virus outbreaks in schools, entertainment parks and nursing homes as it gradually leaves its Covid-19 lockdown.

Economic updates

Thailand: Prime Minister Prayuth Chan-Ocha said at a briefing that he’s debating whether to extend the country’s state of emergency after it expires June 30.

7:53 am

Service sector hardest hit by job losses due to Covid-19

23 June

The Covid-19 pandemic has severely impacted the job market leaving millions of people without jobs.

The service sector, which employs a large portion of low income workers, is one of the hardest hit sectors.

As social distancing and lockdown measures continue to control the spread of the virus, many of these jobs are unlikely to return any time soon.

Colin Williams, professor of public policy at University of Sheffield, shared an article based on statistics from the International Labour Organisation (ILO) on the impact of the Covid-19 pandemic on workers and businesses.

The article notes that approximately three quarters of the global workforce is at risk of losing their jobs due to lockdown measures and business closures caused by the pandemic.

The article noted that South East Asia and the Pacific regions are the most affected with 76% of the workforce at risk followed by the Americas, Africa and Europe.

Read more

2:28 pm

GlobalData Epidemiologist Report: US and Brazil report more than half daily Covid cases as global numbers near 9 million – South Korea experiencing second wave

22 June

Globally, the total confirmed cases of Covid-19 have reached over 8,975,000, with over 468,000 deaths and 4,448,000 recoveries.

The daily confirmed cases are increasing globally.

The US and Brazil are reporting over half of global daily confirmed cases.

Officials in South Korea announced that the country is experiencing a second wave of the pandemic as new cases emerge from populous areas.

In Asia, countries such as India, Pakistan, Saudi Arabia and Iran show continuous increases in daily confirmed cases.

In the UK, the alert level has been reduced as the number of new cases is below the level seen in the days before lockdown.

However, officials have raised the alert in some regions of Germany and Wales.

China, similar to Germany, has raised lockdown measures in a few regions.

 

Bahram Hassanpourfard, MPH, Epidemiologist at GlobalData

9:10 am

International Update: Global Covid-19 cases near 9 million – deaths approach half million – quarantine clashes in Germany

22 June

Global: The total number of confirmed coronavirus cases currently stands at 8,929,394, while the global death toll is at 467,676, according to the Johns Hopkins University tracker.

The World Health Organization reported a record increase in global coronavirus cases on Sunday, with the total rising by 183,020 in a 24-hour period. The biggest increase was from North and South America with over 116,000 new cases, according to its daily report.

The European Union and China will seek to cool tensions on Monday at a video summit, their first formal talks since ties soured over European accusations that Beijing has spread disinformation about the novel coronavirus.

Mexico: Mexico has reported 5,343 new infections and 1,044 additional deaths from the coronavirus that causes Covid-19, the health ministry said, bringing the totals for the country to 180,545 cases and 21,825 deaths.

India: The Delhi government has become the first in India to requisition its hotels. Starting this week, 25 establishments will be repurposed as emergency Covid-19 care centres for patients with mild to moderate symptoms. The move comes as India’s coronavirus caseload has risen to 425,282 as infections soar in rural areas to which migrant workers fleeing major cities have returned in recent weeks.

Greece: Authorities say Greece had 10 new Covid-19 cases and no virus-related deaths between Saturday and Sunday, according to the Associated Press.

Thailand: Thailand on Monday reported three new coronavirus cases, all imported, marking 28 days without local transmission, Reuters news agency reported quoting a senior official.

China: China’s customs authority said on Sunday it had suspended imports of poultry products from a plant owned by US-based meat processor Tyson that has been hit by coronavirus.

China reported 18 new coronavirus cases for June 21, 9 of which were in the capital Beijing, Reuters reported on Monday quoting the National Health Commission. Another seven cases are categorised as asymptomatic.

South Korea: New coronavirus cases in South Korea dipped to a nearly one-month low on Monday due mainly to less testing over the weekend, Yonhap news agency reported quoted health officials.

Lockdown updates

Germany: German police were injured as clashes erupt over virus quarantine. Several police officers were hurt in clashes with residents of a high-rise apartment block in Goettingen who had been placed under quarantine over a coronavirus outbreak, authorities said on Sunday.

US: New York City’s effort to stop the spread of the coronavirus through contact tracing has been hampered by the reluctance of many people who are infected with the virus to provide information to tracers, according to a report in The New York Times.

New Zealand: Citizens returning home to New Zealand could undergo two weeks of quarantine in campervans because hotels in Auckland were nearing capacity, the ministry of health has warned.

UK: London City Airport reopened for passenger flights on Sunday after a three-month shutdown, according to a statement by the airport.

Prime Minister Boris Johnson will set out which further parts of the UK economy can open in July, and give an update in Parliament on Tuesday after hearing conclusions of the review into England’s 2-metre (6 feet 7 inches) social distancing rule.

Australia: Victoria, Australia’s second-most populous state has tightened coronavirus controls as a spike in cases triggers fears the nation could be hit by a second wave of infections.

United Arab Emirates: Dubai will allow tourists into the Middle East business hub starting July 7 for the first time since the United Arab Emirates imposed travel restrictions to stem the outbreak.

Economic updates

China: Chinese banks have offered relief on 3.9 trillion yuan ($551 billion) of loans since the outbreak of the coronavirus pandemic to help struggling small businesses and bolster an economy facing its worst slump in four decades.

UK: Bank of England Governor Andrew Bailey signalled a major shift in the central bank’s strategy for removing emergency stimulus, stressing the need to reduce the institution’s balance sheet before hiking interest rates.

7:20 am

Investors may be too optimistic of rapid economic recovery

22 June

Stock markets have been performing above average despite a warning from the World Health Organisation that a new and dangerous phase of the pandemic is emerging.

The possibility of a fourth phase of stimulus package in the US and reopening of the economy are some of the factors fuelling this performance, leading investors to predict a quick V-shaped recovery.

The huge impact of the pandemic and a possible resurgence of cases may not lead to such a quick recovery.

Timothy McBride, Bernard Becker Professor at the Washington University, shared an article on how some investors are too optimistic of a quick economic recovery.

The article notes that stock markets are performing well in the US despite the rise in the number of Covid-19 cases.

Over the last few weeks, markets have performed above average prompting some investors to predict a V-shaped recovery, the article adds.

Such projections seem premature as they do not take into account the permanent damage caused by the pandemic.

Read more

1:46 pm

GlobalData Epidemiologist Report: Global Covid-19 cases approach 8.5 million – infections rising fast in Latin America and Africa

19 June

Globally, the total confirmed cases of Covid-19 have reached over 8,488,000, with over 453,000 deaths and 4,155,000 recoveries.

In Latin America, Covid-19 infections continue to rage. Peru and Chile are on the list of top ten most affected countries globally, with Mexico following close behind.

In Africa, the pandemic is also accelerating, with South Africa reporting as the worst hit country across the continent.

Despite cases rising, lock-down measures are being eased in South Africa, with hair-dressers, restaurants and casinos being able to re-open.

In North America, the US is still thought to be in the first wave of transmission, but states are in varying stages of outbreaks.

New York and New Jersey are seeing a decrease in daily cases, while many other states are still experiencing an increase in cases.

In China, Beijing remains in partial lock-down following the identification of a cluster of new cases linked to local transmissions found at the Xinfadi food market.

Schools have been closed and majority inbound and outbound flights cancelled in an effort to curb a second wave of infection.

Katie Wrenn, MPH, Epidemiologist at GlobalData

10:08 am

International Update: Global Covid-19 death toll passes 453,000 – infections top 165,000 in Pakistan and Mexico

19 June

Global: The global death toll from Covid-19 passes 450,000. The number of people who have lost their lives in the pandemic so far stands at 453,289, according to the Johns Hopkins University tracker.

The World Health Organization said Thursday that a few hundred million Covid-19 vaccine doses could be produced by the end of the year – and be targeted at those most vulnerable to the virus.

The United Nations food agency is warning that without immediate funding, its global transport system will have to stop delivering thousands of tonnes of masks, gloves and other critical equipment to 132 countries by the third week of July.

US: The number of coronavirus cases in California’s San Quentin state prison has tripled within the last two weeks, prompting advocates, families and attorneys to demand urgent action to fast track the release of prisoners and curb the spread among correctional officers.

Pakistan: Pakistan added 4,944 infections in 24 hours, bringing its total to 165,062. The health ministry also reported that its total number of deaths from the virus stood at 3,229.

China: China has published the genome data for the coronavirus behind the latest Covid-19 outbreak in the capital city of Beijing, the website of state-backed National Microbiology Data Center showed on Friday.

New confirmed cases of coronavirus remained stable in Beijing on Friday after a public health official declared Beijing’s latest outbreak under control.

New Zealand: Covid-19 testing of thousands of people in New Zealand has not uncovered any new cases, health officials say. The testing was undertaken after a quarantine bungle when two women were allowed out of managed isolation without being tested – and later turned out to have the coronavirus.

Mexico: Mexico’s health ministry reported on Thursday a record 5,662 new confirmed cases of coronavirus infections and 667 additional fatalities, bringing the total in the country to 165,455 cases and 19,747 deaths.

South Korea: South Korea reported 49 cases of Covid-19 on Friday, of which 26 came from the capital Seoul and the nearby port city of Incheon.

Thailand: Thailand reported five new cases on Friday, all from state quarantine, bringing its total to 3,146. All five cases were returnees from Saudi Arabia and showed no symptoms, and no new deaths were reported.

Argentina: Coronavirus cases may peak in Argentina between the end of June and beginning of July even as cases and deaths increase at a faster pace, according to Health Minister Gines Gonzalez Garcia.

Lockdown updates

Japan: Tokyo lifted all remaining restrictions on businesses on Friday, although officials urged caution over a possible second wave of the coronavirus.

Japan agreed with Vietnam to work toward a staged easing of travel restrictions between the countries, the Japanese Foreign Ministry said.

US: AMC Entertainment Holdings Inc., the largest US theater chain, will reopen most locations on 15 July and expects major cities to let audiences back in time for Walt Disney Co.’s “Mulan” premiere nine days later.

American Airlines Group Inc. removed a passenger who refused to wear a face covering and banned him from taking flights in the future, after US. carriers pledged to boost enforcement of mask use. The man, Brandon Straka, won’t be allowed to fly on the airline until face coverings are no longer required, the company said.

UK: Prime Minister Boris Johnson announced a $1.2 billion package to help UK children catch up on schooling they missed during lockdown, saying he was “determined” to get kids back in school by September.

All non-essential shops in Wales will be able to reopen from Monday 22 June so long as physical distancing can take place, as part of the devolved government’s cautious easing of lockdown restrictions.

China: Beijing Capital International Airport cancelled 305 inbound flights and 272 headed outbound on Friday, the Beijing Daily reported. Many travellers have cancelled their plans after a second coronavirus outbreak in the city.

Economic updates

India: On Thursday India fully lifted an export ban on hydroxychloroquine, a drug favoured by US President Donald Trump as a treatment against coronavirus. Questions remain over the malaria medicine’s effectiveness against Covid-19.

8:05 am

Students face future earnings loss due to Covid-19

19 June

The Covid-19 pandemic has led to the closure of schools and colleges across the world to contain the spread of the disease.

The closures have left billions of students out of school impacting learning and schooling levels. In the long-term, the pandemic may impact marginalised groups and hurt the future earnings of millions of students.

João Pedro Azevedo, a development economist, tweeted on how the Covid-19 pandemic is expected to result in the loss of $1,408 in yearly earnings for students from the current cohort.

Further, students may lose between $6,472 and $25,680 in earnings over their lifetime.

The statistics are based on a new report from the World Bank containing data from 157 countries on how the pandemic is impacting schooling and learning outcomes.

The new report notes that the pandemic may exacerbate inequality and students from minority groups are more likely to be affected.

Read more

1:42 pm

GlobalData Epidemiologist Report: Global Covid-19 cases approach 8.4 million – WHO fears devastation for Yemen

18 June

Globally, the total confirmed cases of Covid-19 have reached over 8,350,000, with over 449,000 deaths and 4,087,000 recoveries.

Latin America is now considered the epicentre of Covid-19.

Brazil reports the largest number of cases and deaths after the US.

Peru, Chile and Mexico are also experiencing a steep rise in cases and deaths.

Despite this increase, Mexico has started to ease lock-down measures, with critics fearing this is too soon.

Across Europe where cases are plateauing, restrictions are being lifted and borders re-opening.

Countries in South Asia, such as India and Pakistan continue to battle with the virus. India ranking fourth on the list of most heavily affected countries globally.

With cases increasing in Yemen, the WHO estimates that at least half of the population will become affected by Covid-19.

This could have devastating implications due to the country’s fragile healthcare system.

Katie Wrenn, MPH, Epidemiologist at GlobalData

9:51 am

International Update: Global Covid-19 death toll nears 450,000 – no US lockdown as cases rise – vaccines may be available next year

18 June

Global: The global death toll from coronavirus is nearing 450,000, with more than 8.2 million confirmed cases of the disease worldwide. The Johns Hopkins University tracker is recording more than 448,959 deaths from Covid-19 across the world, as of Wednesday evening UK time.

A new study conducted by Chinese and American scientists said that humans may never develop immunity against the coronavirus, the South China Morning Post reported.

The World Health Organization has halted the trial test of the drug hydroxychloroquine to treat the coronavirus.

France: Sanofi CEO Paul Hudson said in a Les Echos interview that three types of vaccines are currently in the works globally and Sanofi’s version could be ready in April-May 2021. Vaccines should “be affordable and anyone who needs should be able to access it,” Hudson said.

Brazil: Brazil recorded 1,269 additional Covid-19 deaths on Wednesday, bringing its official death toll from Covid-19 to 46,510, the most in the world outside the United States.

India: India has reported its highest number of cases in the pandemic so far, with 12,881 confirmed in the last 24 hours, for a total of 366,946 cases. There have been 334 additional deaths, bringing the toll to 12,237.

UK: The number of coronavirus infections in the UK has passed 300,000, according to the Johns Hopkins University tracker, with the current total standing at 300,717. At least 42,238 people have died in the UK so far.

Argentina: Argentina’s president Alberto Fernández has gone into voluntary isolation, amid growing concerns over a surge of coronavirus infections, including several cases among the country’s political elite.

South Korea: South Korea has reported 59 Covid-19 cases as infections steadily rise in the capital area where half the country’s 51 million people live, according to the Associated Press.

Germany: The number of confirmed coronavirus cases in Germany increased by 580 to 187,764, Reuters news agency reported on Thursday quoting data from the Robert Koch Institute (RKI) for infectious diseases.

China: Beijing confirmed 21 new Covid-19 cases as of 17 June, China’s health authority said on Thursday, down from 31 a day earlier.

Japan: Tokyo found 41 cases of coronavirus on Thursday and will continue to ask people in the capital to take preventative measures, NHK reports in a flash headline.

Lockdown updates

New Zealand: More reports have emerged in New Zealand of people leaving isolation without being tested and going on to meet friends, placing government officials under increasing scrutiny over the rigour of their Covid-19 quarantine rules. Police revealed that six people absconded from managed isolation after being granted compassionate leave from Covid-19 quarantine to attend a funeral in Hamilton.

Japan: The Japanese government will lift all domestic travel restrictions on Friday as it looks to move into the next phase of reopening, including a restart of events and nightlife.

Pakistan: Pakistan has announced plans to repatriate all of its those citizens stranded around the globe, including in the Middle East, as a result of the pandemic, AP news agency reported.

Economic updates

US: President Donald Trump has said the United States would not close businesses again as several states reported rising numbers of new coronavirus infections.

Australia: Australia’s unemployment rate has jumped to 7.1% after another 227,700 people lost their jobs thanks to Covid-19.

Jordan: Many people in Jordan are struggling to meet basic needs after a more than two-month lockdown to fight the coronavirus pandemic, a UN Development Programme (UNDP) study said, with reports of unemployment expected to rise to 19 percent.

China: China will exempt some African countries from repaying zero-interest rate loans due at the end of 2020, Reuters news agency reported quoting President Xi Jinping.

India: India’s credit rating outlook was cut to negative from stable by Fitch Ratings Ltd., citing the economy’s weakening growth outlook and increased challenges with public debt levels.

 

7:20 am

US economic recovery could be stalled by global dependency

18 June

The US economy is predicted to contract by 40% in 2020 although a strong rebound is forecast in the fourth quarter.

The recovery of the economy, however, will be dependent on global conditions as the US economy is more dependent on global demand than it was 50 years ago.

Michal Rozworski, an economist and author, shared an article on the structural forces that are working against the recovery of the US economy.

Although economists have forecast a strong recovery in the fourth quarter of the year, the inherent structural changes that occurred over the last 50 years may not allow the US economy to recover a quickly as predicted.

The US economy is dependent on global demand in various sectors including aerospace, information technology, defence, oilfield services, and finance.

Consumers are more wary of spending on non-essential things related to these sectors in the current uncertain environment created by the Covid-19 pandemic.

Demand in some of these sectors, therefore, may not return to normal and help the economy rebound as predicted by experts.

Read more

3:16 pm

GlobalData Epidemiologist Report: Global Covid-19 cases near 8.2 million – Latin America the new epicentre – fears of second wave in Europe as lockdowns ease

17 June

Globally, the total confirmed cases of Covid-19 have reached over 8,190,000, with over 444,000 deaths and 3,970,000 recoveries.

Latin America is now described as the epicentre of Covid-19 with confirmed cases and deaths in Brazil, Mexico, Peru and Chile rising rapidly.

Brazil remains the most heavily affect country following the US.

In Europe, majority of countries have past the first peak of transmission, though as lock-down measures relax there are fears of a second wave of cases.

Countries in South Asia, such as India and Pakistan continue to battle with the virus. India ranking 4th in the list of most heavily affected countries worldwide.

Katie Wrenn, MPH, Epidemiologist at GlobalData

9:45 am

International Update: Global Covid-19 deaths pass 440,000 – cheap steroid hailed as major life saving breakthrough

17 June

Global: Deaths worldwide passed 440,000. According to the Johns Hopkins University tracker, which relies on official government data, the global coronavirus death toll stands at 441,668. There are 8,162,276 known infections.

A cheap steroid has become the first life-saving treatment in the Covid-19 pandemic, described by scientists as “a major breakthrough” and raising hopes for the survival of thousands of the most seriously ill.

Food poses little risk of spreading the coronavirus, governments and industry groups from the US to Chile said, reassuring consumers after an outbreak in Beijing was blamed on imported fish. However, China’s customs authorities have started testing all shipments of imported meat for the coronavirus while officials in some major cities are also checking the products at domestic markets.

US: New coronavirus infections hit record highs in six US states on Tuesday. Arizona, Florida, Oklahoma, Oregon and Texas all reported record increases in new cases on Tuesday after recording all-time highs last week. Nevada also reported its highest single-day tally of new cases on Tuesday, up from a previous high on 23 May.

Brazil: Brazil has had its worst day for new confirmed cases, recording 34,918 in 24 hours to bring its overall total to 923,189 total infections. The health ministry said the country has also suffered 1,282 deaths since the last update on Monday, bringing the number of confirmed fatalities there to 45,241.

India: Mumbai revised its official death toll from the coronavirus, adding 862 fatalities in India’s epicenter of the outbreak.

Germany: The number of new cases in Germany remained far below the level at the height of the outbreak. There were 570 new infections in the 24 hours through Wednesday morning, bringing the total to 188,252 according to data from Johns Hopkins University.

Japan: Japanese researchers confirmed coronavirus testing in sewers as possible outbreak warning system. The researchers confirmed the presence of the coronavirus in wastewater plants, a finding that could serve as a signal for future outbreaks. The findings mirror similar studies in Australia, the United States, and Europe.

Mexico: Mexico’s 730 deaths are its third-highest one-day total, AP reports. Even as Mexico announced plans for reopening churches and religious events, the country posted near-record numbers of newly confirmed cases and deaths from Covid-19 on Tuesday.

Guinea-Bissau: More than 170 of Guinea-Bissau’s 2,000 health workers have contracted Covid-19, a World Health Organization expert said on Tuesday, warning that hospitals were close to being overwhelmed.

Honduras: The President of Honduras Juan Orlando Hernandez said he and his wife are infected with Covid-19. Hernandez, 51, said in a national address that he began to feel unwell over the weekend and that he has light symptoms. Hernandez said he has enough energy to keep working.

Lockdown updates

Europe: European airlines are offering some attractive discounts to people itching for an escape from months of coronavirus lockdown. But fares could rise quickly as demand picks up.

China: Beijing raised its emergency level as dozens of new coronavirus cases emerged and residents were barred from any “unessential” travel. Authorities reported 31 new cases of the virus in Beijing as of Tuesday, bringing the total number of infections to 137 over the past six days.

New Zealand: The New Zealand government has so far identified 320 close contacts of the two women, who were not tested before they were released on compassionate grounds. PM Jacinda Ardern said she would not be replacing Minister of Health David Clark.

Australia: Australia says it expects its borders will remain closed until next year, although it might ease restrictions on students and other visitors who plan to stay for a longer period of time.

 

Economic updates

UK: The UK began talks with Australia and New Zealand on free trade deal. Australia and New Zealand are about to begin negotiations on a free trade agreement with the UK in what the Australian trade minister said was “a strong signal of our mutual support for free trade” in a post-Covid-19 world.

US: Princess Cruise Lines Ltd. asked the Central District of California to dismiss emotional distress claims brought by passengers who sailed aboard the Grand Princess after at least two passengers on its prior journey showed symptoms of coronavirus.

 

7:49 am

US economic stimulus packages insufficient for speedy recovery post Covid-19 economists warn

17 June

The Federal Reserve has announced trillions of dollars in stimulus packages, but it may not be sufficient as the damage caused by the Covid-19 pandemic is severely impacting the US economy.

Experts feel the need for additional relief measures including unemployment benefits to prevent a prolonged recovery for the economy.

Joseph Zeballos-Roig, a journalist and writer, shared an article on how former Federal Reserve chairs and 130 economists signed a letter requesting additional relief measures to stop the US economy suffering a prolonged recovery.

Although the Federal Reserve has announced $3.5bn in stimulus package, the experts felt that more needs to be done to ensure that the US economy recovers at a faster pace.

Prolonged economic downturn can damage the economic and wealth creation opportunities especially minority communities, the article added.

Read more

1:40 pm

GlobalData Epidemiologist Report: US and Brazil worst affected by Covid-19 as global cases pass 8 million – steep increases in Peru and India

16 June

Globally, the total confirmed cases of Covid-19 have reached over 8,000,000, with over 437,000 deaths and 3,880,000 recoveries.

The US still remains the most heavily affected country, reporting the largest number of newly confirmed cases and deaths worldwide.

Brazil follows the US, with the number of deaths now overtaking those seen in the UK and total confirmed cases sharply increasing.

In Europe, all countries, excluding Poland and Sweden, are now past the first peak of transmission.

Peru reports a steep increase in daily cases and deaths despite implementing early lock-down measures from mid-March.

India continues to see a rise in infection and death rate, putting strain on their health system.

In Delhi, railway carriages are being converted to beds for Covid-19 patients to provide additional support.

Katie Wrenn, MPH, Epidemiologist at GlobalData

10:25 am

International Update: Global Covid-19 cases pass 8 million – new Beijing outbreak ‘very grim’ say officials – India to re-impose lockdown

16 June

Global: A total of 8,005,294 cases of coronavirus have now been confirmed around the world, according to data from Johns Hopkins University. The actual figure is likely to be much higher because countries often have different criteria for testing, and milder and asymptomatic cases may go undetected.

A specific mutation in Covid-19 can significantly increase its ability to infect cells, according to a study by US researchers. It may explain why early outbreaks in some parts of the world did not end up overwhelming health systems as much as other outbreaks in New York and Italy.

China: There are more than 100 cases in the new Beijing Covid-19 outbreak. The World Health Organization said it understood no new deaths have been reported thus far in the Chinese capital but added that given Beijing’s size and connectivity, the outbreak was a cause for concern.

City officials in Beijing have described the coronavirus outbreak centred on the Xinfadi market as “very grim”, according to the Global Times.

Shanghai says it will impose a 14-day quarantine on all people arriving in the city from medium to high-risk Covid-19 areas elsewhere in China.

Norway: Norway’s health authorities said they suspended an app designed to help trace the spread of coronavirus after the country’s data protection agency said it was too invasive of privacy.

New Zealand: New Zealand has confirmed two new cases of coronavirus, both connected with travel to the United Kingdom and both connected.

Lockdown updates

Europe: Germany and France reopen borders as Europe emerges from lockdown. France’s president said the country’s Schengen borders would be open from Monday and its non-EU borders from 1 July. Germany also opened its borders to fellow European travellers, but the government warned people to be careful as they planned their summer holidays.

India: A lockdown will be re-imposed on Friday on 15 million people in the Indian city of Chennai and neighbouring districts, state officials said, as coronavirus cases surge in the region.

US: Gatherings of up to 25 people will be permitted in parts of New York that have entered the third phase of the state’s reopening plan, up from a previous limit of ten, New York governor Andrew Cuomo said.

Major US airlines have warned passengers who refuse to wear masks that they could be banned. Carriers could prevent anyone who is not covering their nose and mouth from boarding although they would provide masks to passengers without one.

Economic updates

Global: BP will slash up to $17.5bn (£14bn) from the value of its oil and gas assets, and may be forced to leave new fossil fuel discoveries in the ground, after its own forecasts found the Covid-19 pandemic may affect the world’s oil demand for the next 30 years.

The United Nations forecasts foreign direct investment globally will fall by as much as 40% this year due to the coronavirus pandemic and continue to slump in 2021, hitting developing nations hardest.

US: The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, according to people familiar with the plan.

 

 

7:28 am

Covid-19 recession short but sharp, predicts Morgan Stanley

16 June

The number of Covid-19 cases continues to increase across the world particularly in developing and emerging nations and fresh outbreak being reported in China.

Some countries, however, have started reopening their economies and easing lockdown restrictions increasing the possibility of a V-shaped recovery.

John Ashcroft, an economist, shared an article on Morgan Stanley’s projections that the global economy is headed for a V-shaped recovery.

The article notes that the global economy will return to pre-crisis levels by the fourth quarter of 2020.

The predictions are based on the latest economic data in addition to policy actions taken by various governments.

Morgan Stanley predicts that the recession will be sharp but short although uncertainty still remains around this outlook.

Read more

2:26 pm

GlobalData Epidemiologist Report: Global confirmed cases of Covid-19 over 7,925,000 – US most heavily affected

15 June

Globally, the total confirmed cases of Covid-19 have reached over 7,925,000, with over 433,000 deaths and 3,780,000 recoveries.

The US still remains the most heavily affected country, reporting the largest number of newly confirmed cases and deaths worldwide.

Brazil follows the US, with the number of deaths now overtaking those seen in the UK and with total confirmed cases sharply increasing.

In Europe, all countries, excluding Poland and Sweden, are now past the first peak of transmission.

A cluster of new cases seen in Beijing linked to local transmissions found at the Xinfadi food market has led to lock-down measures being reintroduced.

Officials are concerned about an uncontrolled second wave. Chinese citizens are urged not to travel to the Capital.

New Zealand is thought to have eliminated the virus, with no current active cases and weeks since the last new case.

Katie Wrenn, MPH, Epidemiologist at GlobalData

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