The Bank of England said Britain could be headed for its biggest economic slump in over 300 years due to the coronavirus lockdown and kept the door open on Thursday for further stimulus.
President Donald Trump said on Wednesday his coronavirus task force would shift its primary focus to reviving US business and social life while acknowledging that reopening the economy could put more lives at risk.
Brazil's Sao Luis became the nation's first major city to begin a coronavirus “lockdown” on Tuesday, a measure that underscores widespread fears that health services across Brazil could soon collapse under the pressure of the coronavirus pandemic.
A top scientist who advised British leaders on COVID-19 lockdown measures said on Tuesday he had resigned from a key government panel after admitting to breaking the country's rules on social distancing.
British new car sales slumped by an annual 97% in April to the lowest level of any month since February 1946 as factories and dealerships shut due to the coronavirus outbreak.
Around a quarter of employees in Britain have been furloughed and companies have claimed £8 billion from the government to sustain their wage bills during the coronavirus lockdown, tax authorities said on Monday.
Chile ordered strict new quarantine measures on three districts in the capital Santiago after a sudden spike in coronavirus cases on Sunday. The health ministry reported a surge of 1,228 new infections, bringing the total to nearly 20,000 nationwide and dealing a blow to hopes it was over the worst of the crisis.
Brazil's President Jail Bolsonaro railed against the country's lockdown on Sunday in a speech to thousands of anti-confinement demonstrators as the number of confirmed COVID-19 infections passed 100,000, with more than 7,000 deaths.
US Secretary of State Mike Pompeo on Sunday said enormous evidence showed the new coronavirus originated in a lab in China, further fueling tensions with Beijing over its handling of the outbreak.
President Trump threw his support behind armed right-wing protesters who entered the Michigan Capitol shouting and blocked the office of Democratic Gov. Gretchen Whitmer, claiming that they are very good people, but they are angry.