Countries around the world have taken fiscal actions amounting to aboutSuper Market Racks Price 8 trillion U.S. dollars in light of the COVID-19 pandemic, according to Georgieva, who noted that there has been "significant coordination."
The US reported the highest one-day toll on record, with 1,973 deaths over a 24-hour period - reaching nearly 2,000 for the second day in a row.Italy and Spain are still recording hundreds of deaths a Super Market Racks Priceday, and the situation is also deteriorating in Britain, which saw a record 938 fatalities Wednesday as Prime Minister Boris Johnson spent a third day in intensive care.
The 55-year-old leader's condition is "improving" and he is in "good spirits," officials assured the public.In New York, the epicenter of the US outbreak, the state's governor noted the new single-day high for viral deaths at 779, but offered an optimistic view for the weeks to come.The head of the World Trade Organization, Super Market Racks PriceRoberto Azevedo, issued a dire warning, saying the economic fallout from the health emergency could be "the deepest economic recession or downturn of our lifetimes."
Germany and France, the EU's two largest economies, are bracing for a painful hit.Gross domestic product in export powerhouse Germany is expected to shrink by nearly 10 percent in the second quarter, the country's leading research institutes said.
France is already in a technical recession, the Bank of France said. Its first-quarter performance was its worst since 1945.
But officials at the US Federal Reserve said the wide-ranging closures of businesses should not have the lasting impact that was seen in the wake of the global financial crisis in 2008.Photo taken on April 6, 2020 shows a social distancing sign on the ground in a shopping mall in Canberra, Australia.
A police officer salutes as he dances encouraging people to follow him from their balconies and windows as the force visits the neighborhood to cheer people up during the lockdown imposed as a preventive measure to curb the spread of COVID-19 in Bogota, Colombia on Wednesday. Photo: AFPThe US saw nearly 2,000 coronavirus deaths for a second day running as the toll soared again in Europe, despite US President Donald Trump's insistence that there is light at the end of the tunnel.
The World Health Organization (WHO) on Wednesday pleaded for global unity in fighting the coronavirus, following Trump's stinging attack on its handling of the pandemic.Governments are grappling with how to balance public safety against the devastating economic impact of stay-at-home orders that have erased millions of jobs in a matter of weeks.