A dramatic drop in the number of companies that closed permanently in the first three months of 2020 shows how the coronavirus brought the country to a halt.
The global community is starting to recommend that people wear face coverings in public to prevent the spread of the coronavirus, but supply chain issues mean it can be hard for some people to access masks.
While unlikely, a global financial meltdown of the scale of the 1929 crash is possible if we fail to contain the coronavirus pandemic, a Chinese central bank official said.
The US could join a growing list of countries in considering that the benefits of broader adoption of face masks outweigh their potential drawbacks and risks of misuse.
Researchers found that aggressive interventions may result in a moderation of an outbreak in three weeks, control over a spread in a month and then containment after 45 days.
Unlike other financial crises in the past, the current economic downturn has nothing to do with the fundamentals of the economy. Rather, the economy is plummeting because people are no longer participating in business.