As scientists from various countries are speeding up their efforts to develop a COVID-19 vaccine, nations across the world are gradually restarting their economies and easing lockdowns, even though some restrictions on public gatherings and businesses will remain in place.
The number of confirmed novel coronavirus cases across the globe surpassed 6 million as of 31 May and the virus has claimed nearly 370,000 lives, according to the latest tally by Johns Hopkins University.
President Trump on Friday offered a $1.8 trillion coronavirus relief package amid the coronavirus pandemic, which has led to unprecedented levels of unemployment and caused businesses to suffer. However, House Speaker Nancy Pelosi scoffed at the offer as inadequate.
House Speaker Nancy Pelosi (D-CA) has unveiled a massive new spending bill intended to provide further financial relief for businesses and institutions hurt by the COVID-19 coronavirus pandemic.
Despite pressure to carry out further studies after two cases of serious illness, British-Swedish pharmaceutical company AstraZeneca has already resumed trials of its COVID-19 vaccine in Britain, Brazil, India, and South Africa, although the tests are still on hold in the US amid concerns from the National Institutes of Health.
In an effort to prop up the floundering economy amid the fallout from the coronavirus pandemic, the UK government announced a job retention scheme in March, with companies paid up to 80 percent of the wage bill for furloughed employees.
WASHINGTON (Sputnik) - US Secretary of Defense Mark Esper discussed with his Chinese counterpart Wei Fenghe the need for transparency regarding the ongoing novel coronavirus pandemic and Beijing’s activities in the vicinity of Taiwan and the South China Sea, Assistant to the Secretary of Defense Jonathan Hoffman told reporters on Thursday.
An expert told Sputnik on Wednesday that a recent story claiming Russians were behind disinformation about COVID-19 spreading in the US was “remarkably insubstantial,” noting it’s a central principle of press freedom that differing opinions can be published without being labeled as “fake news.”
WASHINGTON (Sputnik) - Preliminary data shows that the pace of US economic recovery from the COVID-19 pandemic is slowing down, Federal Reserve Chairman Jay Powell said at a news conference.
BRUSSELS (Sputnik) - EU talks on an economic recovery plan aimed at alleviating the effects of the coronavirus pandemic will continue on Sunday, Barend Leyts, a spokesman for the European Council President, said.
The heads of the European Union are meeting in Brussels for a second day of discussions on issues pertaining to the coronavirus pandemic and the EU budget. The countries have so far failed to reach an agreement on the form the aid to pandemic-stricken countries should take.
Gold prices lost nearly 1 per cent on 16 July, dipping below the key $1,800 level against a backdrop of a strengthened dollar and the “wait-and-see” stance adopted by the European Central Bank which is expected to keep interest rates unchanged.
TORONTO (Sputnik) - Prime Minister Justin Trudeau said the federal government will provide $14 billion in funding for Canadian provinces and territories as part of its “safe restart” program.
According to professor Anders Fomsgaard, the vaccine boosts cell immunity, which safeguards against the virus by eliminating infected cells.
Despite trade unions ringing the alarm bells about workers with a foreign background having a poor command of the Swedish language, leading to problems within healthcare even before the coronavirus outbreak, the Swedish government refuses to evaluate the situation.
MOSCOW (Sputnik) - The Russian Defence Ministry stressed on Monday that tests of the vaccine against coronavirus are being conducted in full compliance with methodological regulations, with no attempts to reduce the duration of the research.
According to associate professor of sociology and cultural history Jari Ehrnrooth, Sweden has in its striving for a uniform culture that confuses values and facts lost its individualism, creativity, and will.
The finance ministers of the G20 member states have already frozen debt payments for numerous countries that are suffering from the economic consequences of the coronavirus pandemic, but British religious leaders believe that it’s not enough.
The first signs of a spike in coronavirus infections in America emerged two weeks after the start of anti-racism demonstrations and riots in the US and took a turn for the worst a week later, as states continued to reopen their economies.
The US Army is testing an armored cavalry unit’s ability to rapidly deploy to Europe, despite more than a week of record-breaking daily new COVID-19 cases in the United States.
Foodbanks across Britain have called on the Boris Johnson and the UK to take urgent action as more people are forced to depend on their services because they can’t afford food.
On the issue of wearing face masks as a safeguard against coronavirus, Denmark has moved closer to most European nations, such as Germany or France, where the use of masks is recommended or even obligatory.