Fed slashes rates, global central banks coordinate to cushion coronavirus blow

The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging hundreds of billions of dollars in asset purchases and backstopping foreign authorities with the offer of cheap dollar financing. The coordinated global […]

The post Fed slashes rates, global central banks coordinate to cushion coronavirus blow appeared first on World Weekly News.

Read more →

Tesla suspends production at U.S. vehicle factory due to coronavirus

Tesla Inc on Thursday ended a standoff with local California authorities concerned about the spread of the coronavirus, saying it will suspend production at its San Francisco Bay Area vehicle factory on March 24. The company said its New York solar roof tile factory will also temporarily suspend production, while operations at its Nevada battery […]

The post Tesla suspends production at U.S. vehicle factory due to coronavirus appeared first on World Weekly News.

Read more →

UK government scientists publish evidence on COVID-19 evolution

British government emergency response scientists published the evidence on their understanding of COVID-19 evolution on Friday. “The Scientific Advisory Group for Emergencies (SAGE) has been providing ministers and officials with free and frank advice throughout,” they said. “This is an incredibly fast-moving, developing situation and as part of our collective efforts to give the clearest […]

The post UK government scientists publish evidence on COVID-19 evolution appeared first on World Weekly News.

Read more →

Senate Republicans introduce new coronavirus bill

U.S. Senate Leader Mitch McConnell on Thursday presented a huge new legal package to combat the impacts of the coronavirus break out, stating Republicans would soon start negotiations with Democrats aimed at brokering an offer to pass it. McConnell stated the legislation would consist of direct financial assistance for Americans, relief for small companies and […]

The post Senate Republicans introduce new coronavirus bill appeared first on World Weekly News.

Read more →

In Myanmar’s Yangon, Volunteers Step in Where Government Response is Minimal

A volunteer group has actually been developing makeshift hand-washing stations in Yangon, Myanmar’s biggest city, to avoid the spread of the coronavirus in the lack of a methodical response by the government, which keeps the nation has actually no verified cases of the viral illness. The humanitarian group Ma Ywe is setting up the stations […]

The post In Myanmar’s Yangon, Volunteers Step in Where Government Response is Minimal appeared first on World Weekly News.

Read more →

Coronavirus: Health Ministry Issues 15- Point Advisory On ‘Social Distancing’

All These Proposed Interventions Shall Be In Force Till March31 The Ministry Will Review The Scenario After That. Coronavirus: Health Ministry Issues 15- Point Advisory On ‘Social Distancing’ (Image Credit: PTI file) New Delhi: The Ministry of Health and Family Well-being on Monday released an advisory on Social Distancing Step in view of the spread […]

The post Coronavirus: Health Ministry Issues 15- Point Advisory On ‘Social Distancing’ appeared first on World Weekly News.

Read more →

U.S. Coronavirus Testing Will Initially Focus On Health Care Workers, Elderly

The retooled strategy came 2 days after President Donald Trump previewed an across the country network of drive- thru testing websites at chains like WalMart and Target connected by a Google- created website. However Sunday’s statement focused primarily on standard federal government efforts to release medical and emergency situation personnel in U.S. neighborhoods. Brett Giroir, […]

The post U.S. Coronavirus Testing Will Initially Focus On Health Care Workers, Elderly appeared first on World Weekly News.

Read more →

Iran’s death toll from coronavirus reaches 724, says health official

Iran stated on Sunday that the brand-new coronavirus has actually eliminated 113 individuals in the past 24 hours, raising the nation‘s death toll to 724, a health ministry official tweeted, including that the variety of contaminated individuals had actually reached 13,938 The brand-new figures were tweeted by Alireza Vahabzadeh, a consultant to Iran’s health minister. […]

The post Iran’s death toll from coronavirus reaches 724, says health official appeared first on World Weekly News.

Read more →