World Coronavirus Dispatch: European Union finally agrees on relief package

European Union finally agrees on relief package: EU leaders Tuesday stitched together a consensus for a historic relief plan to support Europe out of the coronavirus crisis. As per the plan, European Commission, EU’s executive body, will borrow 750 billion euros ($857 billion) using its triple-A-rated debt, and disburse 390 billion euros ($446 billion) in grants and 360 billion euros ($412 billion) in cheap loans to its member nations.

Let’s look at the global statistics

Total Confirmed Cases: 14,714,500, Change Over Yesterday: 207,009

Total Deaths: 610,149

Total Recovered: 8,305,326

Nations hit with most cases: US (3,830,926), Brazil (2,118,646), India (1,155,338), Russia (782,040) and South Africa (373,628)

Two early trials, one from the University of Oxford, and one from a group of researchers in Wuhan, have shown positive results. Both early trials showed efficacy in increasing the presence of antibody responses to SARS-CoV-2, the virus that leads to Covid-19, and also indicated that these prospective vaccines were safe to administer based on available information.  Read More