Coronavirus

U.S. economy needs more stimulus and more masks, Fed policymakers say

“Four months ago, when we did the first stimulus, we thought the economy faced a pothole and the stimulus put a plate over it so we could navigate. Now escalation of the virus may be making that pothole into a sinkhole and creating a need for a longer plate,” Richmond Fed President Thomas Barkin said in webcast remarks to the Northern Virginia Chamber of Commerce.

South African corruption watchdog probes COVID-19 tenders

“We will not allow public funds hard-earned by loyal taxpayers or donations by patriotic companies and individuals and the international community to vanish down a black hole of corruption.”

There may never be a ‘silver bullet’ for COVID-19, WHO warns

“There are many vaccines under trial, a couple in the final stage of clinical trials - and there is hope. It does not mean that we will have the vaccine, but at least the speed with which we reached the level we reached now is unprecedented,” he said.

Next big COVID-19 treatment may be manufactured antibodies

“Antibodies can block infectivity. That is a fact,” Regeneron Pharmaceuticals executive Christos Kyratsous told Reuters.

South Africa’s rand falls as virus fears hit risk appetite

JOHANNESBURG (Reuters) - South Africa’s rand fell to its weakest in more than three weeks on Monday, as fears about the economic...

South African Grace tests positive for COVID-19 at Barracuda Championship

“While it is unfortunate given my position on the leaderboard, the most important thing is our health.”

South Africa’s COVID-19 cases surpass half a million

Just over 3 million people have so far been tested for the virus in South Africa, which confirmed its first case five months ago, and 8,153 deaths have been recorded. Africa has recorded 934,558 cases, 19,752 deaths and 585,567 recoveries, according to a Reuters tally.

Australia’s Victoria declares disaster, sets curfew to curb COVID-19

On Sunday, Victoria reported 671 infections, one of its highest, and seven COVID-19 deaths. High numbers of community transmissions and cases of unknown origins have forced the new restrictions, which will be in place for six weeks, officials said.

How inequality and poverty undermined South Africa’s COVID response

Four months later, South Africa faces a runaway epidemic that has overwhelmed public hospitals in a country where roughly half the population lives below the poverty line, according to the latest government figures from 2015.

South Africa produces its first ventilators to fight COVID-19

Poorly resourced hospitals across Africa, which is nearing a million cases of COVID-19 — more than half of them in South Africa — have struggled to cope with a burgeoning case load amid a global scramble favouring richer nations in procuring ventilators and protective gear.

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