By Gwynne Dyer – U.S. Secretary of State Mike Pompeo has run afoul of the language police. Last week, he called the coronavirus, which already has killed 0.000013 percent of the world’s population, the “Wuhan virus.” When challenged about this criminal violation of linguistic propriety, he just said it again. The World Health Organization (WHO) was shocked.
The International Monetary Fund has quickly rejected a surprise request on Tuesday by Venezuela for an emergency US$ 5 billion loan to fight the new coronavirus, which threatens to push its already battered economy over the edge.
By Kristina Georgieva (*) – While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy.
Brazilian meatpackers JBS and Minerva Foods are considering suspending operations at some slaughterhouses in Brazil due to supply chain issues from China, JBS and sources close to Minerva said this week.
China hit out on Monday at Peru's Nobel literature laureate Mario Vargas Llosa for allegedly expressing “irresponsible and prejudiced opinions” over the origins of the coronavirus pandemic.
British supermarkets have called on consumers to be more considerate and reiterated they have adequate supplies, as the coronavirus saw shelves plundered and a surge in online orders. The country's leading grocery retailers, including Tesco, Sainsbury's and Waitrose, penned a joint letter to customers, which ran in newspapers on Sunday and Monday appealing for calm.
Britain has asked manufacturers including Ford, Honda and Rolls Royce to help make health equipment including ventilators to cope with the coronavirus outbreak and will look at using hotels as hospitals.
The novel coronavirus is becoming a financial and public-relations nightmare for the cruise industry, from failed quarantine attempts on ships to passenger lawsuits and a stream of cancellations.
The US has cut interest rates to almost zero and launched a US$ 700bn stimulus program in a bid to protect the economy from the effect of coronavirus. It is part of a coordinated action announced on Sunday in the UK, Japan, the Eurozone, Canada, and Switzerland.
France and Spain joined Italy in imposing lockdowns on tens of millions of people, Australia ordered self-isolation of arriving foreigners and other countries extended entry bans as the world sought to contain the spreading coronavirus.