From the US’ plan to ban domestic flights to layoffs at aviation firms and Russia’s extended restrictions and fresh wave of coronavirus cases in China – read these in today’s international dispatch
The coronavirus situation seems to have battered the US, with the number of infections in that country crossing the 200,000-mark rather quickly. Piling on to its worries is growing joblessness. New data show that the number of Americans applying for unemployment benefits more than doubled to 6 million – a new record.
Let’s look at the global statistics:
Total confirmed cases: 962,977
Change over the previous day: 88,896
Total deaths: 49,180
Total recovered: 202,728
Nations hit with most cases: US (216,768), Italy (110,574), Spain (110,238), China (82,431), and Germany (80,641).(Source: Johns Hopkins Coronavirus Research Center)
US may ban domestic flights: US President Donald Trump has said he is looking “very strongly” at banning domestic air travel to curb the spread of coronavirus but added that he is conscious that it will damage the US airline industry. He will announce his recommendations soon. Read more here.
Credit crisis in emerging markets: Investors are bracing for an emerging market credit crisis as the economic fallout from the coronavirus pandemic hits vulnerable countries. Commodity prices have plunged and demand has frozen, and currencies are tumbling against the dollar. This has particularly hit emerging markets in Africa, Asia and South America. Read more here.
Russia extends social isolation measures
President Vladimir Putin has extended his order keeping Russians at home until April 30. So far, the restrictions are in force in Moscow and some other places. He has authorised regional leaders to decide and enforce measures is their respective areas. Read more here.
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