September 29, 2020 at 08:48AM
The coronavirus has killed at least 1 million people across the globe, a nightmarish milestone in the world’s fight against the virus that emerged from Wuhan, China, late last year, according to data compiled by Johns Hopkins University. Roughly half of the world’s total Covid-19 fatalities have been reported in only four countries — the United States, Brazil, India and Mexico, according to Hopkins data.
The U.S. reached a death toll above 200,000 people last week, more than any other country on the planet. Declared a pandemic over six months ago, the coronavirus has swept through nearly every nation and has infected more than 33 million people along the way, according to Johns Hopkins. It’s shuttered businesses and schools, wreaking havoc on global economies and leaving millions unemployed.
While the U.S. health response to the coronavirus pandemic has faced criticism, the economic response has been among the best in the world. In the throes of the pandemic, the Federal Reserve and U.S. lawmakers moved swiftly to implement unprecedented stimulus aimed at supporting the largest economy in the world during a global halt to economic activity.
The coronavirus has now killed more than 1 million people and upended the global economy in less than nine months, CNBC, Sep 29
From: The FxPro News Team https://fxpro.news/daily-forex-outlook/covid-19-killed-more-than-1-million-people-20200929/
Selected by fonecable.com
- Australian Dollar Capped by Falling Iron Ore Demand Ahead of Inflation Data
- NEWS: The Gamestop rip crystalizes a new era in the stock market. Six lessons January 22, 2021 at 10:09PM
- NEWS: ForexLive Americas FX news wrap: US PMIs blow away expectations January 22, 2021 at 10:04PM
- NEWS: US equity close: Mixed picture in US equities January 22, 2021 at 09:12PM
- NEWS: CFTC Commitments of Traders: Euro longs inch higher January 22, 2021 at 08:44PM