Author: Alan Lorenz

Number of European Coronavirus Cases Now Above A Quarter of A Million
26Mar By Alan LorenzNo Comments
Europe, News

Number of European Coronavirus Cases Now Above A Quarter of A Million

The number of European Coronavirus Cases Now Above A Quarter of A Million. The number of people infected with the coronavirus in Europe rose to more than 250,000 on Thursday.   More than half of those cases are in Italy (74,000) and Spain (56,000), according to figures from the World Health Organization WHO. Europe is the region with the highest number of cases worldwide: 258,000. The death toll in Europe stands at 14,640. Here, too, Italy and Spain are the most affected countries. Asia is the hardest hit after Europe. There, 101,000 people have been infected with the coronavirus, and more than 3,600 people have died. Worldwide, the number of infections is just over 481,000 and 21,800 deaths in 182 countries. However, the WHO believes that the actual numbers are higher because, ...
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Russia Needs to do More to Curb the Pandemic
24Mar By Alan LorenzNo Comments
Russia, News

Russia Needs to do More to Curb the Pandemic

The Russian authorities underestimate the coronavirus outbreak in their country and should step up measures to curb the pandemic.   That's what Sergei Sobjanin, Moscow mayor and head of the Russian Security Council's anti-coronavirus task force, said on Tuesday. Russia, which shares one of its borders with China, and has a population of 144 million, has reported 495 cases of the coronavirus to date. Deaths have not yet been reported. "The problem is that the number of corona tests is very small and no one has a clear picture of the situation in Russia and the world," Sobjanin told President Vladimir Putin during a meeting. According to Sobjanin, the number of people infected with the coronavirus is "significantly" higher than according to official figures.
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British Economy May Shrink 10 Percent in the First Half of Year
23Mar By Alan LorenzNo Comments
Business, News, UK

British Economy May Shrink 10 Percent in the First Half of Year

The UK economy may shrink by as much as 10 percent in the first half of this year, due to the impact of the new coronavirus...   This can be deduced from estimates by economists at the Bloomberg news agency. In a report published Monday, British economist Dan Hanson states that the British government and the Bank of England must step in to bring about a turnaround. He predicts that the government will lend £ 95 billion this year to fight the virus. £ 17.5 billion of this is earmarked for a wage subsidy program. The forecast projects the UK government to impose a four-week lockdown in April to stem the spread of the virus. The duration of containment measures is the most significant uncertainty in the estimate, according to Hanson. In a more severe scenario, with a six-week lockd...
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World Health Organization: Many Coronavirus Patients are Under Age 50
20Mar By Alan LorenzNo Comments
News

World Health Organization: Many Coronavirus Patients are Under Age 50

World Health Organization: Many Coronavirus Patients are Under Age 50. People under the age of fifty are a significant proportion of corona patients who require hospitalization.   This was emphasized by the head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus. He points to the data of numerous countries, which "show this clearly". He warned young people that they are not invincible. The virus can send you to a hospital for weeks or even kill you, he said.
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Schools in Scotland and Wales Close Due to Coronavirus
18Mar By Alan LorenzNo Comments
UK, News

Schools in Scotland and Wales Close Due to Coronavirus

Schools in Scotland and Wales will close as of Friday due to the outbreak of the new coronavirus.   British Prime Minister Boris Johnson stated that schools in England are also closing. According to Scottish Prime Minister Nicola Sturgeon, schools have too few employees to keep everything open.   In the meantime, the number of infections has risen to 2626, 676 more than Tuesday. The death toll is at 71.
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Nikkei Drops Despite Bank of Japan Support Measures
16Mar By Alan LorenzNo Comments
Business, News

Nikkei Drops Despite Bank of Japan Support Measures

The stock exchange in Japan closed on Monday after a fluctuating trading session. Investors incorporated the additional support measures from the Bank of Japan (BoJ) to mitigate the economic impact of the new coronavirus.   The US central bank announced a surprising new rate cut on Sunday and announced it would restart the bond-buying program to support the largest economy in the world. The central bank of New Zealand also cut interest rates. The leading Nikkei in Tokyo briefly bounced after the Bank of Japan's decision but ended up 2.5 percent lower at 17,002.04 points. On Friday, the Japanese main index fell by more than 6 percent to its lowest level since November 2016. The Japanese central bank announced after an emergency meeting that monetary policy would ease further. For e...
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British Queen Elizabeth Cancels All Public Events
13Mar By Alan LorenzNo Comments
UK, News

British Queen Elizabeth Cancels All Public Events

Queen Elizabeth has virtually cleared her schedule for the coming weeks due to the outbreak of the new coronavirus.   Planned visits to Cheshire and Camden are cancelled, the British court announced on Friday. The measures were taken as a precaution and for practical reasons. Elizabeth, 93, will still be giving audiences. Earlier it became known that Prince Charles and his wife Camilla put their health first and therefore cancelled their trip to Bosnia and Herzegovina, Cyprus and Jordan. Various other royal houses have also resigned their public duties for the time being.
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Harry and Meghan Appear as Royals for the Last Time
10Mar By Alan LorenzNo Comments
UK, News

Harry and Meghan Appear as Royals for the Last Time

The British prince Harry and his wife Meghan made the appearance for the last time as "royals" at an official activity of the royal family.   They attended a service for Commonwealth Day, the day on which the British Commonwealth is central. It was the first time they had appeared in public with other members of the royal family since the announcement of their departure in January. All eyes were on them. Every year, on the second Monday of March, Commonwealth Day is celebrated in Commonwealth Day in countries that were once part of the British Empire. That is a partnership of 53 independent countries with the British king or queen as the symbolic head of state. In the cathedral of Westminster Abbey, there is traditionally a multi-religious service, attended by members of the Briti...
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US President Trump Allocates Billions to Fight Coronavirus
7Jan By Alan LorenzNo Comments
US, News

US President Trump Allocates Billions to Fight Coronavirus

US President Trump has signed his bill under a law sent to him by Congress to prevent the spread of the new coronavirus.   It was announced on Thursday that both the House of Representatives and the Senate agreed to make 8.3 billion dollars of government money available. Approximately 2.6 billion euros will be spent on research into vaccines, aids to diagnose the virus and treatment of patients. Almost 2 billion is invested in activities to prevent the spread, for example, by paying more attention to prevention. A billion goes to international efforts to ward off the coronavirus. Trump has received a lot of criticism for having reacted too loosely to the arrival of the virus in America.
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IMF Has A Lot of Money Available to Help Countries
4Mar By Alan LorenzNo Comments
Business, News

IMF Has A Lot of Money Available to Help Countries

The International Monetary Fund (IMF) has billions of dollars waiting to assist countries in mitigating the economic damage caused by the new coronavirus.   That is what IMF chief executive Kristalina Georgieva said during a press conference. According to her, the virus outbreak hits the world economy hard. Global economic growth this year is likely to be "deep, deep below last year's level." Georgieva did not yet want to give a precise prediction about the damage. Among other things, she pointed out that it is not, however, clear how long all economic problems caused by the virus will persist. The organization with headquarters in Washington is mainly known for intervening in the event of financial crises. The fund helps countries with credit problems. A sister organization, the...
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