Home / Business / Spain’s daily death toll is constant

Spain’s daily death toll is constant

Reporting on this live blog has ended – for minute-by-minute reporting on the corona virus Visit the CNBC US Team Live Blog.

  • Global cases: 2,630,005
  • Worldwide deaths: 183,489
  • Most reported cases: United States (842,624), Spain (208,389), Italy (187,327), France (157,135) and Germany (150,648).

The above data was compiled by Johns Hopkins University from 3:31 p.m. Beijing time.

All times below are in Beijing.

8:53: China donates more money to the WHO

China is said to donate an additional $ 30 million to the World Health Organization (WHO) to support efforts to fight coronavirus, Chinese Foreign Ministry spokeswoman Hua Chunying said Thursday, Reuters reported.

Hua said on Twitter that the donation is aimed at strengthening developing countries’ health systems, adding that China had already donated $ 20 million to WHO in March. – – Holly Ellyatt

5:41 p.m .: Australia will press for a coronavirus scan at the World Health Assembly

Australia will press for an international investigation into the coronavirus pandemic at next month’s World Health Assembly next month, the World Health Organization’s decision-making body, the Prime Minister said Thursday, Reuters reported.

Australia wants a review of WHO’s response to the pandemic and wants the organization strengthened. – – Holly Ellyatt

5:21 p.m .: The death toll in Spain increases to 22,157

Spain has reported that 440 people have died from the coronavirus in the last 24 hours, increasing the total number of deaths to 22,157, the Ministry of Health said.

The death toll has risen slightly since Wednesday, when 435 deaths were reported. The total number of cases reached 213,024, an increase of 4,635 from the previous day. – – Holly Ellyatt

The health workers of the hospital clinic applaud at 8 p.m. during the coronavirus pandemic on April 22, 2020 in Barcelona, ​​Spain.

Xavi Torrent

5:00 p.m .: Here is a snapshot of the virus hotspots in the United States

4:42 pm: Merkel says, “Things will remain difficult for a very long time”, since the pandemic is not over yet

Chancellor Angela Merkel said that the end of the coronavirus pandemic is not yet in sight and that we have to live with the virus “for a long time”.

Merkel said on Thursday before the Bundestag: “We are not living in the final phase of the pandemic, but at the beginning.”

“We saved time,” said Merkel, according to a Reuters translation, adding that this was used to strengthen the German health system. – – Holly Ellyatt

4:30 p.m .: Eurozone business activity plummets to “shocking” lows in the coronavirus pandemic

Business activity in the eurozone hit another record low in April, another sign that the coronavirus pandemic is causing serious economic damage across the region.

The IHS Markit Purchasing Managers’ Index, which measures both the service sector and the manufacturing sector, has fallen until 13.5 in April according to preliminary data. In March, the same index had already seen the largest monthly drop ever to 29.7. A decline in PMI numbers – a value below 50 – indicates a likely decline in overall economic growth.

“In April, the eurozone economy suffered unprecedented damage as virus blocking measures were implemented in conjunction with a decline in global demand and a lack of staff and inputs,” said Chris Williamson, chief economist at IHS Markit, in a statement . – – Silvia Amaro

3:46 pm: Singapore tentatively confirms 1,037 new cases

According to preliminary information from the Ministry of Health, the number of coronavirus cases in Singapore rose by 1,037 to 11,178. The vast majority of these cases were migrant workers living in dormitories, the ministry said. (See update at 10:18 a.m.)

Singapore is the first country in Southeast Asia to report cumulative cases of over 10,000, according to Johns Hopkins University. – Yen Nee Lee

3:22 pm: The virus protection measures of Facebook Marketplace in the UK lag behind the competitors

The Facebook marketplace is one of the largest used buy and sell platforms in the world. But its efforts to slow the spread of corona virus are fading compared to those of competing apps.

On March 24, one in five people worldwide was in some form of a blockage, and many people could only go out to get essentials (food and medicine) or to move around. Things remain largely unchanged. “Stay home. Protect the NHS. Save lives.” That is the message that British citizens keep hearing. Stopping by someone at home to get this or that second hand is probably not a good idea at the moment.

However, a large number of Facebook Marketplace users in the UK told CNBC that they were still making personal transactions through the platform. Some of them said that they take their own precautions by wearing masks and gloves, but not all. The company has stated that users should follow government advice and has monitored the situation. – Sam Shead

14.55 p.m .: Fintech companies are trying to fill gaps in British measures to alleviate corona viruses

The UK financial technology industry is working to fill gaps in government measures to support the coronavirus business by rapidly offering loans to those struggling financially as a result of the pandemic.

Several of the country’s leading fintech companies have pushed for accreditation from the government-sponsored British Business Bank (BBB) ​​to grant credit under the Coronavirus Business Interruption Loan Scheme (CBILS).

Initially, only 40 banks – including the major lenders Barclays, Lloyds, HSBC and RBS – were included in the program. However, more recent digital lenders such as Starling, OakNorth and Funding Circle have also been approved in recent weeks. – Ryan Browne

2:30 p.m .: Credit Suisse has committed more than $ 580 million in potential loan losses

Credit Suisse reported a 75% increase in first quarter net income on Thursday. This was the first profit report by the new CEO Thomas Gottstein since taking office.

The bank generated net income of $ 1.31 billion ($ 1.35 billion) in the three months to March 31, compared to $ 749 million a year earlier.

However, the Swiss lender provided CHF 568 million (US $ 584.9 million) for potential credit losses, mainly due to the coronavirus pandemic, and warned that “the uncertainty associated with COVID-19 remains” . For comparison: In the first quarter of 2019, the bank made CHF 81 million available for possible credit losses. – Elliot Smith

2:10 p.m .: China’s poor people are looking for more debt as the virus affects job prospects

Demand for consumer credit is growing in China, especially among the less wealthy, and underlines a group some say may need more support during the economic downturn caused by corona viruses.

The disease, officially called Covid-19, occurred in the Chinese city of Wuhan late last year. The virus has since spread rapidly around the world, killing more than 183,000 people, including over 4,600 in China.

While the outbreak of the corona virus has stalled in the country, China is still trying to recover from the economic shock of weeks of downtime both domestically and now from export destinations.

Official data and data from third-party providers show that China’s poorest households are most affected. – Evelyn Cheng

13:52: Europe could opt for “helicopter money” because the pandemic is destroying economic growth, experts predict

It has never been implemented in the eurozone, but ultimately the European Central Bank could reach a point where so-called “helicopter money” is the best option in the coronavirus crisis, two analysts told CNBC.

The term, coined by the 20th century economist Milton Friedman, refers to an unconventional monetary policy in which a central bank prints additional money and distributes it directly to its citizens. The idea – which creates the image of money thrown from a helicopter at the people below – is to stimulate consumer spending and thus an economic recovery during a recession. However, there are a number of ideas on how central bankers could do this.

The European nations were hardest hit by Covid-19. The International Monetary Fund is forecasting a 7.5% decline in GDP for the euro area this year. – Silvia Amaro

1:35 p.m .: Thailand’s confirmed cases increase by 13 to 2,839

Confirmed coronavirus cases in Thailand rose by 13 to 2,839, according to the Ministry of Health’s Department of Disease Control.

The country reported another death to bring its number to 50 since the outbreak, the ministry said. It added that 2,430 patients have recovered so far.

Thailand’s major tourism industry has suffered a blow as many countries worldwide have closed borders and restricted travel. (see update at 9:50 a.m.) – Yen Nee Lee

12:45 p.m .: Germany reports 2,352 new cases, 215 more deaths

According to the latest data from the Robert Koch Institute, a federal agency responsible for monitoring and preventing diseases, Germany reported a further 2,352 cases of coronavirus disease, which have totaled 148,046 since the outbreak.

The country’s death toll rose by 215 to 5,094, the institute said. – Yen Nee Lee

11:20 am: Japan reports 14 more cases on an Italian cruise ship docked in Nagasaki

Japan has confirmed 14 more coronavirus cases on the Italian cruise ship Costa Atlantica, which is currently docked for repair in the western Japanese city of Nagasaki, Reuters reported.

According to the report, at least 48 cases of infection were found on the ship, including chefs and staff serving food to the crew on board. The cruise ship is reported to carry 623 crew members and no passengers.

According to a report by the Japanese broadcaster NHK, Nagasaki officials are planning to test everyone on board the ship in the next few days. – Yen Nee Lee

10:45 a.m .: South Korea has the worst quarterly economic decline since 2008

South Korea’s gross domestic product fell 1.4% in the first quarter, according to preliminary estimates by the central bank, compared to the past three months. This is a slightly smaller decrease compared to the 1.5% forecast by economists in a Reuters survey.

Reuters reported that the quarterly decline in GDP was the worst in South Korea since the fourth quarter of 2008.

The economic decline was led by declines in private consumption and trade in goods and services, data from the Bank of Korea showed.

The South Korean economy grew 1.3% year over year, the central bank said.

South Korea reported eight new cases of coronavirus on Thursday, bringing the number of confirmed infections to 10,702 since the outbreak, according to the Korea Centers for Disease Control and Prevention. According to the KCDC, the country’s death toll has increased by two to a total of 240. – Yen Nee Lee

10:18: Why Singapore’s efforts to curb coronavirus among migrant workers is so difficult

Singapore used to be a figurehead for its efficient use of coronavirus spread and is now back in the spotlight as it struggles to stem a new outbreak among a portion of its population – migrant workers.

The number of Covid 19 cases in the city-state rose last month – from around 1,000 cumulative cases on April 1 to more than 10,000 today. Most of the newly infected patients are foreign migrant workers who live in dormitories and come from countries such as India and Bangladesh.

“Aggressive testing” is currently being carried out in migrant workers’ dormitories – even migrant workers who are not sick and have no symptoms, which may explain the high number of cases reported daily, said Lawrence Wong, Singapore’s Minister of State for Development, at one virtual press conference. This could indicate that the infections have been around for some time, he added. – Audrey Cher

9:50 am: Foreign tourists come to Thailand by 76.4% in March

Arrivals of foreign tourists to Thailand decreased 76.4% in March compared to the previous year, Reuters reported, citing the latest data from the country’s tourism ministry.

According to the report, Chinese visitors, Thailand’s largest source of foreign tourists, fell 94.2% last month compared to the previous year.

Tourism makes an important contribution to the growth of the Thai economy. Last year, foreign tourist revenue made up 11% of the country’s gross domestic product, Reuters said.

Coronavirus pandemics were the hardest hit companies in the tourism and leisure industry worldwide as many countries restricted travel and closed borders to curb the spread of the virus. – Yen Nee Lee

8:55 am: China reports 10 new cases, no deaths

China reported only 10 new cases on April 22, according to its National Health Commission (NHC) – a drop from the 30 new cases reported the previous day. Six were attributed to overseas travelers. This corresponds to a total of 82,798 cases, according to the government.

There were no new deaths on the eighth consecutive day, according to the NHC. The total number of deaths was 4,632.

Regardless, there were 27 new asymptomatic cases in which people tested positive for the virus but showed no symptoms. This increases the number of asymptomatic cases currently under medical observation to 984, according to the NHC. – – Weizhen Tan

8:30 a.m .: New cases in Italy are jumping again

Even as recovery rates rose and deaths in Italy decreased, the number of new cases in the country rose again on Wednesday. Italy reported 3,370 new cases, more than the 2,729 new cases reported on Tuesday.

The country reported 437 additional deaths, less than the 534 deaths reported Tuesday, according to Reuters. There were also fewer people in intensive care, 2,384 on Wednesday compared to 2,471 on Tuesday.

A worker wearing protective clothing disinfects Cathedral Square during the outbreak of coronavirus disease in central Milan, Italy.

Flavio Lo Scalzo | REUTERS

Italian Prime Minister Giuseppe Conte said this week that the country will begin lifting the blocking measures from May 4, but the reopening will be gradual and gradual, according to Reuters.

So far, Italy has reported a total of 187,327 cases, 54,543 restorations and 25,085 deaths. – – Weizhen Tan

8:10 a.m .: Confirmed cases in Mexico below 10,000

According to a Reuters report, the number of confirmed cases in Mexico rose to over 10,000, according to the Ministry of Health. According to the report, 970 people were killed in the country.

Mexico has allocated $ 25.6 billion in increased spending on social programs and infrastructure to boost the stricken economy hit by the pandemic. – – Weizhen Tan

All times below are in Eastern time.

7:01 p.m .: Trump says he “disagrees” with the Georgia governor’s plan to reopen stores

President Donald Trump said on Wednesday that he was “phase 1” by Georgia Gov. Brian Kemp disagrees that nonessential companies can reopen in his state at the end of the week.

The reopening of the shops, which starts on Friday, includes tattoo studios, spas, hairdressing salons or barbershops, cinemas and bowling alleys. They are allowed to open their doors to the public as long as they and their patrons follow physical distance instructions and other OSHA guidelines, Kemp announced on Monday.

Trump said he said to the governor, “I disagree,” adding that the governor “must do what he thinks is right.” – –Lora Kolodny

6:29 pm: Trump says the CDC director’s coronavirus warning has been “totally misquoted”.

5:40 pm: Two domestic cats in New York test positive for the corona virus, says CDC

The corona virus infected two cats in the state of New York. The centers for disease control and prevention said on Wednesday that they were the first pets to test positive for the virus in the United States.

One of the cats was tested after she had mild respiratory problems, although her owners have not confirmed that they have Covid-19. The virus may have been transmitted to this cat from slightly sick or asymptomatic household members, or from contact with an infected person outside their home, the CDC said.

The owner of the second cat tested positive for the coronavirus and the animal was also tested after showing signs of respiratory disease. – –Noah Higgins-Dunn

Read CNBC’s US coverage overnight: Harvard will not accept a stimulus fund, California, to reschedule certain operations

Source link