Tanzania’s delay in enforcing stricter measures to prevent further spread of coronavirus in the country could have led to the spike in positive cases, according to the World Health Organization (WHO). The body’s Regional Director for Africa Matshidiso Moeti says there are concerns about the rise of cases reported in the East African country in […]

The Philippines’ Health Ministry on Friday reported that confirmed cases of the new coronavirus have risen to more than 7,000. In a bulletin, the ministry recorded 211 new infections, 15 additional deaths, and 40 more recoveries. It brought the total cases to 7,192, deaths to 477 and recoveries to 762. President Rodrigo Duterte on Friday […]

Barack Obama bashed Donald Trump’s response to the coronavirus crisis on Wednesday, claiming there is still no ‘coherent national plan’ to address the outbreak. ‘While we continue to wait for a coherent national plan to navigate this pandemic, states like Massachusetts are beginning to adopt their own public health plans to combat this virus––before it’s […]

A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom in U.S. history have been wiped out as the novel coronavirus savages the economy. The labor market slaughter added to collapsing oil prices, retail sales, manufacturing production, homebuilding and home […]

The Swiss National Bank suffered heavy first-quarter losses of 38.2 billion Swiss francs ($39.2 billion, 36.3 billion euros), it said Thursday, driven by stock market jitters over the coronavirus pandemic. The central bank chalked up a loss of 31.9 billion francs on its equity investments, SNB said in a statement, plus foreign exchange losses of […]