- Australia's economy continues to experience pressure
- US may allocate more than $ 1 billion. Dollars to develop vaccines COVID-19
Today, Australia's Minister of Finance said that the epidemic of the coronavirus caused the Australian economy more damage than fires. As the epidemic continues to fully assess the impact on GDP growth coronavirus it is not currently possible. So far, the epidemic continues to spread the economy will remain under pressure. Previously, the company and ANZ Roy Morgan consumer confidence index reported in Australia, according to which index declined by 0.7% last week. Experts attribute this to the increase in unemployment from 5.1% to 5.3%.
The Wall Street Journal published excerpts from the WHO report. The organizations believe that despite the improvement of the situation with the spread of the virus in China, it is unclear whether it is possible to stop the spread of the coronavirus in the world. Fears have increased, new foci of infection in Italy, South Korea and Iran. The number of newly diagnosed infections virus is continuing to grow rapidly and the authorities of these countries are taking more stringent measures for the localization of foci of the disease. It became known today that Donald Trump asked Congress for additional funding for the implementation of measures to combat the virus. Was announced in the amount of $ 2.5 billion. Dollars, of which more than $ 1 billion. Will be directed at the development of a vaccine.
News, which you should pay attention today:
7:00 GMT. Germany: GDP data for Q4
15:00 GMT. US CB Consumer Confidence
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