April 9 2020
Covid-19 death toll soared again in Europe yesterday while the United States recorded nearly 2,000 more fatalities for a second day running .
Italy and Spain are still recording hundreds of deaths a day, and the situation is also deteriorating in Britain, which recorded 938 fatalities yesterday.
Spain recorded another 757 deaths yesterday, an increase for a second day after several days of decline, while Italy started to tighten its lockdown amidst reports that more people are tempted to go out of their homes.
France, which so far suffered more than 10,000 deaths was reportedly planning to extend its confinement order beyond the current deadline of April 15 as the World Health Organization (WHO) urged European countries not to ease lockdown measures .
Meanwhile, the United States yesterday reported its highest one-day toll on record, with 1,973 deaths over a 24-hour period as New York, the epicentre of the country’s outbreak suffered its new single-day high at 779 deaths.
More than 86,000 people worldwide have died in the Covid-19 crisis, which has sent the global economy into a free fall.
Governments are grappling with how to balance public safety against the devastating economic impact of lock-downs that have erased millions of jobs
World Trade Organization head Roberto Azevedo has warned that the economic fallout could be “the deepest economic recession or downturn of our lifetimes”.
Gross domestic product in export powerhouse Germany is expected to shrink by nearly 10 percent in the second quarter, while France is already in a technical recession.
The markets continued their volatile movement, with the Dow closing up 3.4 percent in New York after European stocks faltered.