Australasia Covid19 

Coronavirus: Australia to close Victoria-New South Wales border

The border between Australia’s two most populous states, Victoria and New South Wales (NSW), is to close after a spike in Covid-19 cases in Melbourne. The outbreak in Victoria’s capital has seen hundreds of cases in the past two weeks – more than 95% of new Australian infections. Until now, the two states had maintained open borders even when others had shut them. The closure, beginning on Wednesday, will restrict travel to permit holders. Victoria’s Premier Daniel Andrews said it was a joint decision with Prime Minister Scott Morrison and…

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Covid19 Europe 

France rules out ‘total lockdown’ in case of new COVID-19 spike

The French government said Wednesday it is preparing for a second wave of COVID-19 cases that could emerge in the coming months, but will not respond with another nationwide lockdown to contain the outbreak. “My aim is to prepare France for an eventual second wave, while preserving our daily life, our economic and social life,” new Prime Minister Jean Castex said in an interview on RTL television. “But we’re not going to impose a lockdown like the one we did last March, because we’ve learned… that the economic and human…

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Australasia Covid19 

As Melbourne goes into coronavirus lockdown, it’s a sign it could happen anywhere in Australia

Metropolitan Melbourne and the shire of Mitchell will returned to Stage 3 stay-at-home restrictions as of midnight Wednesday, Premier Daniel Andrews has announced, after 191 new cases were recorded in the state overnight. its highest ever daily case total. The lock down means for the next six weeks, people in metropolitan Melbourne and the shire of Mitchell will only be able to leave home for one of four reasons: Andrews said people cannot leave metropolitan Melbourne to get daily exercise (so, no bush walks or fishing outside the city) and…

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Africa Covid19 Europe North America 

Coronavirus: Germany cautions risk still high as economies restart

Texas Gov. Greg Abbott ordered all bars closed, and Florida banned alcohol at such establishments. They joined a small but growing number of states that are either backtracking or putting any further reopening of their economies on hold because of a comeback by the virus, mostly in the country’s South and West. Health experts have said a disturbingly large number of cases are being seen among young people who are going out again, often without wearing masks or observing other social-distancing rules. “It is clear that the rise in cases…

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Africa Covid19 Financial Services 

Nigeria likely to go into severe recession due to COVID-19, Oil price crash

The World Bank made this known in a statement in Abuja on Thursday as part of its latest Nigeria Development Update (NDU). The bank said the report indicated that Nigeria in Times of COVID-19: Laying Foundations for a Strong Recovery, estimated that the country’s economy would likely contract by 3.2 per cent in 2020. It stated that this projection assumed that the spread of COVID-19 in Nigeria would be contained by the third quarter of 2020. It however noted that If the spread of the virus became more severe, the…

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