Original title: The Governor of New York announced the list of donations and tJk Racksweeted to thank Huawei (Observer.com). The US new crown pneumonia epidemic is getting worse, and New York State has become the epicenter of the US epidemic.
The head of the World Trade Organization, Roberto 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.
As some European countries weighed easing lockdown measures to allow economic activity to resume in earnest, the WHO urged against it."Now is not the time to relax measures," said WHO's Europe director Hans Kluge in a statement.
Iranian Minister of Petroleum Bijan Namdar Zangeneh (C) attends the 6th Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC Ministerial Meeting in Vienna, Austria, July 2, 2019. Ten non-OPEC oil producing countries led by Russia endorsed on Tuesday the decision by the OPEC to extend production cuts until next March. (Photo: Xinhua)
Top oil producers met on Thursday to discuss a possible cut in output after a collapse in demand due to the coronavirus pandemic and a Saudi-Russian price war causing the market to crash."We filled several surveys to record our information and conditions from the Chinese embassy in Russia recently," a Chinese postgraduate student surnamed Sun at Bauman Moscow State Technical University, told the Global Times. "The embassy asked our intention of going back to China. Some of us even received calls from them." Sun said.
Over 200 Chinese students at the university who are staying in Moscow set up a WeChat group. Sun said that no Chinese student in Moscow had been infected with COVID-19 as far as he knows.Sun also said he would not return to China because he is working on his graduation project. Although he is not worried about graduation, which should be in late June, it will probably be postponed.
"I hold a positive attitude toward the Russian government's policies in the upcoming peak time of the outbreak," Sun said. "But still, some locals have a low awareness about the risk of the virus," he added.Sun and his Chinese roommates have stored face masks and dried food cans. Fortunately, online shopping still works in Moscow, so they order fresh vegetables and other groceries every three or four days.