FACTBOX - The latest on the worldwide spread of the coronavirus

Protesters hold signs during a demonstration against Israel's government in Rabin square in Tel Aviv. Thousands of Israelis gathered Saturday to protest the new government's failure to address economic woes brought by the coronavirus, directing their anger at Prime Minister Benjamin Netanyahu. The signs say "Out of touch. We're fed up." Picture: Ariel Schalit/AP

Protesters hold signs during a demonstration against Israel's government in Rabin square in Tel Aviv. Thousands of Israelis gathered Saturday to protest the new government's failure to address economic woes brought by the coronavirus, directing their anger at Prime Minister Benjamin Netanyahu. The signs say "Out of touch. We're fed up." Picture: Ariel Schalit/AP

Published Jul 11, 2020

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New Covid-19 cases rose by over 69 000

across the United States on Friday, according to a Reuters

tally, setting a record for the third consecutive day as Walt

Disney Co stuck to its plans to reopen its flagship theme park

in hard-hit Florida.

DEATHS AND INFECTIONS

     

EUROPE

* British Prime Minister Boris Johnson will tell employers

next week to start ordering staff back into their places of

work, as long as it is safe to do so, in order to stem the

coronavirus hit to the economy, the Daily Mail said.

* Croatia said wearing face masks will be obligatory in most

closed public spaces from next week as the number of Covid-19

cases keeps rising.

AMERICAS

* California will release up to 8 000 inmates early from

state prisons to slow the Covid-19 spread inside facilities,

state authorities said on Friday.

* Bolivian President Jeanine Anez and Venezuelan Socialist

Party leader Diosdado Cabello have tested positive for Covid-19.

ASIA-PACIFIC

* Australia's second most-populous state, Victoria, reported

one of its highest daily increases in infections and warned the

numbers would get worse before they got better as its capital

city began its first weekend of a six-week lockdown.

* Vietnam's most seriously ill Covid-19 patient, a British

pilot who at one point seemed close to death, left hospital on

Saturday on his way home after a dramatic recovery that

attracted national attention.

MIDDLE EAST AND AFRICA

* Iran’s President Hassan Rouhani called for big gatherings

such as weddings and wakes to be banned to stem a rise in

infections, but insisted the country's economy had to stay

open.

* The premier of Gauteng, South Africa's most populous

province, said he had tested positive for the coronavirus, as

new confirmed infections in the country hit a record daily high.

MEDICAL DEVELOPMENTS

* Billionaire philanthropist Bill Gates called for Covid-19

drugs and an eventual vaccine to be made available to countries

and people that need them most, not to the "highest bidder,"

saying relying on market forces would prolong the

pandemic.

* India's Biocon Ltd has received regulatory

approval for its drug Itolizumab to be used on coronavirus

infected patients suffering from moderate to severe respiratory

distress, the biopharmaceutical company said.

* Chinese vaccine developer CanSino Biologics is

in talks with Russia, Brazil, Chile and Saudi Arabia to launch a

Phase III trial of its experimental Covid-19 vaccine, its

co-founder said.

ECONOMIC FALLOUT

* The medium-term outlook for the Indian economy remains

uncertain with supply chains and demand yet to be restored fully

while the trajectory of the coronavirus spread and the length of

its impact remain unknown, Reserve Bank of India Governor

Shaktikanta Das said.

* China's banks should brace for a big jump in bad loans due

to coronavirus-induced economic pain, the financial regulator

said, noting the deterioration of asset quality at some small

and mid-sized financial institutions was

accelerating.

Reuters

Related Topics:

coronavirus