Hyderabad: The latest update on the coronavirus shows that the lethal virus has infected more than 5,00,000 and killed over 24,000 people worldwide.
Companies in Europe are laying off workers at the fastest pace since 2009, according to surveys of business managers. And the US is bleeding jobs as well: The number of Americans applying for unemployment benefits last week was nearly five times the old record, set in 1982.
President Donald Trump, meanwhile, announced that federal officials are developing guidelines to rate counties by risk of virus spread, as he aims to ease the restrictions meant to slow the outbreak.