Corona pandemic shortly:
- Italy records 156 new deaths from coronavirus; France records 83 deaths
- UK says around 17% of people in London may have coronavirus antibodies, due to preliminary results of a study
- UK government U-turns on decision to increase healthcare surcharge for foreign healthcare workers
- Global cases of COVID-19 pass five million
- Beijing threatens “retaliation” in case of US coronavirus sanctions
- Austria latest European nation to relaunch travel
- Greece fears 70% drop in tourists this year
- EasyJet resumes some flights from June 15
China’s top economic official on Friday promised higher spending to revive its pandemic-stricken economy and curb surging job losses but steered clear of launching a massive stimulus on the scale of the United States or Japan. Premier Li Keqiang, in a speech to legislators, said Beijing would set no economic growth target, usually a closely watched feature of government plans, in order to focus on fighting the outbreak. The battle against the virus “has not yet come to an end,” Li warned. He urged the country to “redouble our efforts” to revive the struggling economy.
The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their economies and let people go back to work. More than 2.4 million people filed for unemployment last week in the latest wave of layoffs from the business shutdowns that have brought the economy to its knees, the Labor Department said.
That brings the running total to a staggering 38.6 million, a job-market collapse unprecedented in its speed.
Source: Euro News
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