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Reported by FXstreet.com 1 day ago.
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Italy Unemployment below expectations (10%) in February: Actual (9.7%)
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Recession looms ahead for Italy
Reported by SeekingAlpha 1 day ago.
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Italy’s Speranza: Govt decides to extend lockdown measures to April 13
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Reported by FXstreet.com 1 day ago.
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Mass testing, empty ICUs: Germany scores early against virus
BERLIN (AP) — Late last year — long before most people had heard of the new coronavirus now sweeping the globe — scientists in Germany sprang into action to develop a test for the virus causing an unusual respiratory disease in central China.
They had one by mid-January — and labs around the country were ready to start using it just weeks later, around the same time that Europe's most populous country registered its first case.
“It was clear that if the epidemic swept over here from China, then we had to start testing," said Hendrik Borucki, a spokesman for Bioscientia Healthcare, which operates 19 labs in Germany.
That quick work stands in stark contrast to delays and missteps in other countries. Coupled with Germany's large number of intensive care beds and its early social distancing measures, it could explain one of the most interesting puzzles of the COVID-19 pandemic: Why people with the virus in Germany currently appear to be dying at much lower rates than in neighboring countries.
The numbers are remarkable: As confirmed cases in Germany passed 71,000 the death toll Wednesday was 775, according to a tally kept by Johns Hopkins University. In contrast, Italy has reported almost 106,000 infections and more than 12,400 deaths, while Spain has more than 96,000 cases, with more than 8,400 deaths.
France has four times as many virus deaths as Germany and Britain has twice as many, even though both countries have fewer reported infections.
There may be many factors at play, but experts said early on that fast and widespread testing gave Germany an edge.
“The reason why we in Germany have so few deaths at the moment compared to the number of infected can be largely explained by the fact that we are doing an extremely large number of lab diagnoses," said... Reported by SeattlePI.com 1 day ago.
They had one by mid-January — and labs around the country were ready to start using it just weeks later, around the same time that Europe's most populous country registered its first case.
“It was clear that if the epidemic swept over here from China, then we had to start testing," said Hendrik Borucki, a spokesman for Bioscientia Healthcare, which operates 19 labs in Germany.
That quick work stands in stark contrast to delays and missteps in other countries. Coupled with Germany's large number of intensive care beds and its early social distancing measures, it could explain one of the most interesting puzzles of the COVID-19 pandemic: Why people with the virus in Germany currently appear to be dying at much lower rates than in neighboring countries.
The numbers are remarkable: As confirmed cases in Germany passed 71,000 the death toll Wednesday was 775, according to a tally kept by Johns Hopkins University. In contrast, Italy has reported almost 106,000 infections and more than 12,400 deaths, while Spain has more than 96,000 cases, with more than 8,400 deaths.
France has four times as many virus deaths as Germany and Britain has twice as many, even though both countries have fewer reported infections.
There may be many factors at play, but experts said early on that fast and widespread testing gave Germany an edge.
“The reason why we in Germany have so few deaths at the moment compared to the number of infected can be largely explained by the fact that we are doing an extremely large number of lab diagnoses," said... Reported by SeattlePI.com 1 day ago.
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European factory output plummets as coronavirus shutdown bites
Italy endures sharpest contraction on record in first data to show impact of pandemic
Reported by FT.com 22 hours ago.
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What you need to know today about the virus outbreak
As hot spots flared around the United States in places like New Orleans, Detroit and Southern California, New York was the hardest hit of them all, with bodies loaded onto refrigerated morgue trucks by gurney and forklift outside overwhelmed hospitals. And the worst is yet to come, with Vice President Mike Pence comparing the U.S. trajectory to that of Italy.
Experts warned that there could be 100,000 to 240,000 deaths in the U.S. even if social distancing guidelines are maintained. America now has more than 4,000 dead from the outbreak.
Here are some of AP’s top stories Wednesday on the world’s coronavirus pandemic. Follow APNews.com/VirusOutbreak for updates through the day and APNews.com/UnderstandingtheOutbreak for stories explaining some of its complexities.
WHAT’S HAPPENING TODAY:
— Scientists offered more evidence Wednesday that the coronavirus is spread by seemingly healthy people who show no clear symptoms, leading the U.S. government to issue new guidance warning that anyone exposed to the disease can be considered a carrier.
— The majority of Americans approve of how state and local governments are handling the coronavirus outbreak, but fewer than half say the same about the efforts of President Donald Trump and the federal government, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
— U.S. stocks and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say they still can’t predict when it will end. The global economy could shrink by almost one percent this year instead of growing at a projected 2.5%, according to a new report Wednesday from the United Nations.
— Vice President Mike Pence said the White... Reported by SeattlePI.com 9 hours ago.
Experts warned that there could be 100,000 to 240,000 deaths in the U.S. even if social distancing guidelines are maintained. America now has more than 4,000 dead from the outbreak.
Here are some of AP’s top stories Wednesday on the world’s coronavirus pandemic. Follow APNews.com/VirusOutbreak for updates through the day and APNews.com/UnderstandingtheOutbreak for stories explaining some of its complexities.
WHAT’S HAPPENING TODAY:
— Scientists offered more evidence Wednesday that the coronavirus is spread by seemingly healthy people who show no clear symptoms, leading the U.S. government to issue new guidance warning that anyone exposed to the disease can be considered a carrier.
— The majority of Americans approve of how state and local governments are handling the coronavirus outbreak, but fewer than half say the same about the efforts of President Donald Trump and the federal government, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
— U.S. stocks and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say they still can’t predict when it will end. The global economy could shrink by almost one percent this year instead of growing at a projected 2.5%, according to a new report Wednesday from the United Nations.
— Vice President Mike Pence said the White... Reported by SeattlePI.com 9 hours ago.
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US COVID-19 deaths go past 4,000-mark

The US also exceeded the number of deaths in China, where the pandemic emerged in December. The number of confirmed US cases has reached 1,89,510, the most in the world, though Italy and Spain have recorded more fatalities. After initially downplaying the COVID-19 threat in the early stages of the US outbreak, President Trump warned of 'a very, very painful two weeks' to come for the country on Tuesday.
**US headed for 'tough, painful' two weeks: Trump**
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*
The US is headed for a 'tough two weeks,' President Donald Trump warned, advising people to be prepared for the 'hard days' ahead, as the country fights the fast-spreading COVID-19 pandemic that the White House projects could claim one to two lakh lives in the coming weeks.
Trump's remarks came as Deborah Bix, a member of White House Task Force on Coronavirus, based on a model from actual data from the ground, said the death toll in the US could be between 1,00,000 to 2,00,000, with the strict implementation of the existing mitigation measures including social distancing till April 30.
"I want every American to be prepared for the hard days that lie ahead. We're going to go through a very tough two weeks and then, hopefully, as the experts are predicting, we are going to see real light at the end of the tunnel. But this is going to be very painful, two weeks," he said.
**Saudi officials urge Muslims to delay hajj**
A senior Saudi official urged more than 1 million Muslims intending to perform the hajj to delay making plans this year. "Saudi Arabia is prepared to secure the safety of all Muslims and nationals. That's why we have requested from all Muslims around the world to hold onto their plans," Saudi Hajj minister said.
**Pak's Coronavirus cases cross 2,000**
The number of COVID-19 cases in Pakistan surpassed 2,000 on Wednesday, indicating an upward trend despite efforts by the government to contain the pandemic. The Ministry of National Health Services said that 105 patients tested positive in the last 24 hours, taking the total number of infections to 2,039.
**1,541 asymptomatic cases found in China**
China on Wednesday revealed the presence of 1,541 asymptomatic cases carrying the deadly Coronavirus, raising concerns of a second wave of infections Asymptomatic coronavirus cases are those who carry the virus but do not show any symptoms and can cause sporadic clusters of infections.
*41,771*
Total no. of COVID-19 cases in New York City
*1,096*
Total no. of COVID-19 fatalities in New York City
*3,310*
Total no. of COVID-19 fatalities in China
*8,60,000*
Total confirmed COVID-19 cases worldwide
*Catch up on all the latest Crime, National, International and Hatke news here. **Also download the new mid-day Android and iOS apps to get latest updates*
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Reported by Mid-Day 6 hours ago.
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UN chief: COVID-19 is worst crisis since World War II

There is also a risk that the combination of the disease and its economic impact will contribute to "enhanced instability, enhanced unrest, and enhanced conflict," the UN chief said at the launch of a report on the socioeconomic impacts of COVID-19 on Tuesday.
Guterres called for a much stronger and more effective global response to the Coronavirus pandemic and to the social and economic devastation that COVID-19 is causing. "We are facing a global health crisis unlike any in the 75-year history of the United Nations, one that is killing people, spreading human suffering, and upending people's lives," the report said.*Antonio Guterres, UN Secretary-General*
The secretary-general told reporters: "The magnitude of the response must match the scale of the crisis, large-scale, coordinated and comprehensive, with the country and international responses being guided by the WHO."
He stressed that "We are still very far from where we need to be to effectively fight the COVID-19 worldwide and to be able to tackle the negative impacts on the global economy and the global societies." First, he said, many countries are not respecting WHO guidelines, with each tending to go its own way.
"Let us remember that we are only as strong as the weakest health system in our interconnected world," he said. "It is essential that developed countries immediately assist those less developed to bolster their health systems and their response capacity to stop transmission."
**Europe virus death toll tops 30,000**
The Coronavirus pandemic has killed more than 30,000 people in Europe, more than three-quarters of the deaths registered in Italy and Spain, according to an AFP tally using official figures. A total of 30,063 deaths have been recorded in Europe out of 458,601 cases, making it the continent hit hardest by COVID-19.
**Death toll in Spain soars past 9,000**
The Coronavirus death toll in Spain surged over 9,000 on Wednesday after a record 864 deaths in 24 hours, with the number of confirmed cases passing the 1,00,000-mark, the government said. Spain has the world's second-highest death toll after Italy, with the virus so far claiming 9,053 lives and the number of confirmed cases reaching 102,136.
*Catch up on all the latest Crime, National, International and Hatke news here. **Also download the new mid-day Android and iOS apps to get latest updates*
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Reported by Mid-Day 7 hours ago.
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Sport24.co.za | Athletes banned from group training as Italy extends lockdown
Italian footballers and athletes will not be allowed to train together as Prime Minister Giuseppe Conte announced the extension of the country's lockdown.
Reported by News24 5 hours ago.
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Karnataka man volunteers to serve at Italy’s Covid-19 epicentre
While many fled the Covid-19 carnage in Italy, a Karnataka man stayed back and volunteered for a ward dealing exclusively with coronavirus cases. He has seen over 200 patients succumb to the virus and had the heartwrenching task of calling relatives to tell them about the death of a loved one.
Reported by IndiaTimes 5 hours ago.
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Global coronavirus cases inch closer to a million, US leads with over 2 lakh COVID-19 infections
The global number of confirmed COVID-19 cases is slowing edging towards a million and number of fatalities nearing the 50,000-mark as the outbreak continues ravage nations such as the United States, Italy, France and Spain.
Reported by Zee News 4 hours ago.
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Covid-19: Italy's coronavirus lockdown measures to be extended to April 13
Italy currently accounts for the highest number of coronavirus deaths in the world at 13,155.
Reported by Khaleej Times 4 hours ago.
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Australians' appetite for pasta helps Italian family businesses during coronavirus shutdown
Australians' demand for pasta is helping to keep a family business in Italy going as the coronavirus crisis cripples the nation's economy.
Reported by SBS 3 hours ago.
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Scots singer's touching Italy tribute in lockdown song reaches UC Sampdoria

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EU's von der Leyen: Will allocate up to EUR100bln to the hardest hit countries, starting with Italy
Read more on https://www.fxstreet.com
Reported by FXstreet.com 3 hours ago.
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The lessons Italy has learned about its COVID-19 outbreak could help the rest of the world
Only epidemiological studies will bring to light exactly how and why COVID-19 took off in northern Italy with such speed. But experts say there are already lessons to be gleaned from Italy's fatal errors.
Reported by CBC.ca 1 hour ago.
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Italy PM vows not to nationalise firms as EU head demands unity
Italian Prime Minister Giuseppe Conte said Rome would not nationalise businesses during the coronavirus crisis on Thursday as the European Commission's head promised affected countries up to 100 billion euros ($110 billion), starting with Italy.
Reported by Reuters India 20 minutes ago.
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Fears for UK's supply of fresh fruit, salad and vegetables

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Treepple daily news digest on the coronavirus pandemic – April 1st 2020 - WORLD
Treepple daily news digest on the coronavirus pandemic – April 1st 2020. World news including global situation, Spain, Italy, and China.
Studio: Treepple
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Dior To Make Personal Protective Equipment In France
Dior joined other beauty and fashion brands in offering help to fight the coronavirus outbreak. The company will offer their France-based workshop to produce personal protective equipment (PPE)...
Studio: Wochit Business
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