France mobilises 100,000 police to conduct movement checks; California tells millions to ‘shelter-in-place’; Markets plummet. Follow the latest updates.
- Coronavirus latest: at a glance
- Boris Johnson warns UK population to avoid non-essential contact
- EU calls for 30-day ban on foreigners entering bloc
- Health experts criticise NHS advice to take ibuprofen
- Share your experiences
New South Wales, Australia treasurer Dominic Perrottet says of the state government’s AU$2.3bn package, AU$700 million of which will be invested into health care:
This is an unprecedented response to an unprecedented situation. This is a package today that protects the people of New South Wales. It is targeted. It is timely and it’s temporary, because New South Wales will come through this situation stronger than ever before.
The Australian stockmarket rose more than 1.6% at the opening bell on Tuesday morning, defying the strong lead set by a crash overnight in the US.
The ASX is still down by about 30% since the coronavirus crisis started hitting markets about a month ago, and the extreme volatility we’ve seen in recent days means there’s no guarantee the relief will last.
Australian companies rushed out waves of bad news before the market opened, with the flagship carrier Qantas saying it would cut international flights by 90% and domestic ones by 60%.
from World news | The Guardian https://ift.tt/2TV7RSH
via IFTTT
0 Comments: