Mainland China reports a drop in new confirmed cases of coronavirus

Men with protective masks stand on a hike along a section of the Great Wall of China in Badaling in Beijing on the first day of reopening after the closure of the coronavirus in China on March 24, 2020. REUTERS / Thomas Peter BEIJING (Reuters) – Mainland China reported a drop in new confirmed coronavirus […]

Britain demands 250,000 volunteers as the number of virus deaths increases

LONDON (Reuters) – Coronavirus deaths in the UK rose on Tuesday, the first day of a national ban, while the government called for 250,000 health volunteers and announced that a provisional hospital would open in London next week. In a television broadcast on Monday night, which was seen by more than 27 million people, Prime […]

Limitless Fed bond buying fuels are recovering, dollar setbacks

LONDON (Reuters) – Financial markets recovered on Tuesday. Equities and oil rose about 4% in Europe, while the safe haven dollar fell as unprecedented global economic efforts accelerated. While the Fed’s offer to buy unlimited bonds should not alleviate the devastating effects of the corona virus alone, investors hoped that using other government bailouts would […]

Britain wakes up to Coronavirus, the confusion continues

LONDON (Reuters) – Britain woke up to a virtual block on Tuesday after Prime Minister Boris Johnson ordered people to stay home, close shops and end all social gatherings to stop the spread of the coronavirus. People jog in Battersea Park while the spread of coronavirus disease (COVID-19) continues in London, Britain, on March 24, […]

The streets are quiet, but the underground is full when Britain is practically closed

LONDON (Reuters) – The streets were much quieter than usual on Tuesday after Britain was practically closed to curb the spread of the Corona virus, but the London Underground trains were full of people and the streets were far from deserted. Some workers also continued to mix closely after Prime Minister Boris Johnson ordered people […]

Limitless Fed QE drives 2% stock jump and soothes the dollar

LONDON (Reuters) – Global stocks rallied nearly 2% on Tuesday after hitting a four-year low and the dollar slipped as investors hoped for unprecedented economic moves from the Federal Reserve and other policymakers to address the Reduce burdens on the financial markets. FILE PHOTO: Pedestrians with face masks walk near an overpass with an electronic […]

Hubei relaxes restrictions as China’s new coronavirus infections double

BEIJING (Reuters) – China’s Hubei province, where the coronavirus pandemic was triggered, will lift travel restrictions for people who leave the region as the epidemic wears off there. However, other regions will tighten controls as new cases of imported infections double. Men with protective masks stand on a hike along a section of the Great […]

Asia’s stocks are recovering, the Fed is putting endless QE against economic reality

SYDNEY (Reuters) – Asian stocks rallied strongly on Tuesday as the Fed’s promise to fund a bottomless dollar eased painful financial market pressures, although it failed to mitigate the immediate economic impact of the corona virus. FILE PHOTO: Pedestrians with face masks walk near an overpass with an electronic tablet that displays inventory information after […]

China’s new coronavirus infections double due to imported cases

BEIJING (Reuters) – New mainland coronavirus cases doubled due to an increase in infected travelers returning home from overseas. This increased the risk of transmission in Chinese cities and provinces where no new infections had occurred in the past few days. A security guard wearing a protective mask sits on a tree in a park […]