( Reuters) – The World Bank’s executive board approved $12 billion in new financing for developing countries to finance the purchase and circulation of COVID-19 vaccines, tests and treatments, while hopes of a new U.S. pandemic relief bundle faded.
DEATHS AND INFECTIONS
For an interactive graphic tracking the international spread of COVID-19, open here in an external browser.
Eikon users, see MacroVitals for a case tracker and summary of news.
EUROPE
Britain’s opposition Labour leader Keir Starmer called for a two-to-three-week “breaker” lockdown, stacking pressure on PM Boris Johnson who is having a hard time to offer his own plan to take on COVID-19
The Netherlands will return to a “partial lockdown” on Wednesday, while Ukraine’s federal government voted to extend its lockdown till the end of the year and Italy imposed new curbs on events, restaurants, sports and school activities.
New COVID-19 infections, hospitalisations and deaths all increased further in France as the country braced for prospective extra restrictions.
Northern Ireland’s devolved federal government is set to enforce harder COVID-19 constraints after a fast spread of cases caused the cancellation of elective surgeries throughout Belfast on Tuesday.
AMERICAS
Senate Majority Leader Mitch McConnell said the Republican-led U.S. Senate would vote on a scaled-down coronavirus financial relief expense of the type Democrats have actually turned down as they hold out for trillions in help.
Mexico prepares to vaccinate more than 116 million individuals, or roughly 90%of its population, by the end of 2021.
ASIA-PACIFIC
Several coronavirus clusters have emerged in Australia’s two most populous states, officials stated, prompting the most significant, New South Wales, to delay relieving some restrictions.
India’s tally of coronavirus infections increased by 63,509 in the last 24 hours to stand at 7.24 million on Wednesday.
MIDDLE EAST AND AFRICA
Iran’s death toll rose by 254 to 29,070 on Tuesday as the variety of validated cases spiked to 508,389 in the hardest-hit Middle Eastern nation.
MEDICAL ADVANCEMENTS
Johnson & Johnson JNJ.N stated it would take a minimum of a couple of days for an independent safety panel to assess an unusual health problem of a study individual that caused a pause in the company’s COVID-19 vaccine trial.
U.S. drugmaker Eli Lilly and Co LLY.N stated the government-sponsored medical trial of its COVID-19 antibody treatment comparable to one taken by U.S. President Donald Trump has actually been paused due to the fact that of a security issue.
FINANCIAL EFFECT
The G20 group of significant economies is poised to extend a multi-billion-dollar financial obligation freeze for the world’s poorest countries to assist them weather the crisis.
Worldwide finance leaders stated the world economy had actually escaped a coronavirus-triggered collapse up until now, but alerted that failure to conquer the pandemic, preserve stimulus and deal with mounting debt among poor nations might squash a vulnerable recovery.
Singapore’s reserve bank left its financial policy unchanged and stated its accommodative position will stay suitable for a long time as the city-state’s economy emerges from its coronavirus depression.
Put Together by Aditya Soni, Devika Syamnath and Anita Kobylinska; Editing by Anil D’Silva and Arun Koyyur
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http://covid19globalcases.com/latest-on-the-around-the-world-spread-of-coronavirus/
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