Medical personnel transportation the first patient impacted by COVID-19 to an ICU tent a Samaritan’s Purse Crisis Subject Healthcare facility on March 20, 2020 in Cremona, around Milan, Italy.
Emanuele Cremaschi | Getty Photos
This is a reside blog site. Be sure to check back for updates.
All moments down below are in Beijing time.
8:05 am: Italy’s dying toll crosses 5,000
The Italian health ministry reported as of 6 p.m. nearby time on March 22, at least 5,476 individuals have died thanks to COVID-19, the respiratory disease brought about by the new coronavirus. There are 59,138 reported situations in overall, the place about 7,024 people have recovered.
In an attempt to try and incorporate the virus, Rome has now purchased that all companies that are not giving necessary provides or solutions ought to shut until finally April 3, Reuters claimed.
Italy is now below a major lockdown exactly where general public motion is restricted and numerous establishments are shut. — Saheli Roy Choudhury
7:38 am: Asia-Pacific stocks established for another working day of declines
Stocks in Australia plummeted in early trade on Monday as fears about the financial impression of the worldwide coronavirus outbreak continue to weigh greatly on investor sentiment.
The S&P/ASX 200 dropped 7.65% in early trade as the sectors mainly fell. The intensely weighted money subindex dived much more than 9%, with shares of the country’s so-termed Significant Four financial institutions all selling off steeply: Australia and New Zealand Banking Group fell 9.61%, Commonwealth Bank of Australia dropped 8.01%, Westpac declined 10.27% although National Australia Financial institution slipped 10.15%. — Eustance Huang
All periods beneath are in Jap time.
7 pm: UAE suspends all passenger and transit flights to and from the region, condition news company says
The United Arab Emirates suspended all passenger and transit flights to and from the state for two months about coronavirus fears, state information company WAM claimed on Sunday citing National Crisis and Crisis and the Civil Aviation Authority.
WAM extra the selection will just take effect following 48 hours and will past for two weeks, issue to assessment and evaluation. –Reuters
6:45 pm: Coronavirus stimulus monthly bill fails in important Senate procedural vote
A enormous funding package deal to combat the effects of coronavirus did not get sufficient votes in a crucial Senate procedural vote Sunday night.
The stalemate arrived hours immediately after Democratic leaders warned that the monthly bill was not to their liking because they explained it did far too a lot to bail out providers and not enough to assistance staff. Stock futures cratered as the two parties unsuccessful to agree on the phrases of the package deal.
However, President Donald Trump expressed optimism that lawmakers would at some point reach a offer. “I imagine you can get there,” Trump advised reporters at the coronavirus process force press briefing soon immediately after the vote turned remaining. –Lauren Hirsch, Leslie Josephs
6:30 pm: Airbus claims plants will reopen at slower generation fee