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08/07/20 COVID-19 Global News Update

08 July 2020

Overview of the latest developments on Coronavirus (COVID-19).

International

Asian stocks falter as coronavirus cases surge

Jul 8th, 2020 via City AM - News
Asian stocks dithered on Wednesday as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery while oil prices eased on oversupply fears.

Coronavirus: Budget airline AirAsia's future in ‘significant doubt’

Jul 8th, 2020 via BBC News - Business
The future of Asia's biggest budget airline AirAsia is in “significant doubt”, auditor Ernst & Young has said. Shares in the Malaysian-based carrier were temporarily suspended on Wednesday after the statement was released. 

UK

UK coronavirus live: Sunak to set out jobs plan and stamp duty holiday

 Jul 8th, 2020 via The Guardian News

Follow live updates on the latest on the coronavirus crisis in the UK and Chancellor Rishi Sunak’s summer statement How Sunak could kickstart UK’s post-lockdown economy UK’s Covid-19 economic crisis in five key charts ‘We mess with this virus at our peril’

Coronavirus: Scottish finance secretary makes fresh call for new powers

 Jul 7th, 2020 via BBC News - UK

Scotland's finance secretary has repeated her call to be allowed to switch capital funding to day-to-day revenue. Speaking ahead of the UK Chancellor's summer statement, Kate Forbes also called for an end to "arbitrary" limits on borrowing. Ms Forbes said she was asking for "relatively limited powers". 

Coronavirus: Rishi Sunak to unveil 'kickstart jobs scheme' for young people

 Jul 7th, 2020 via BBC - Front Page
Chancellor Rishi Sunak will announce a £2bn "kickstart scheme" on Wednesday to create more jobs for young people. The fund will subsidise six-month work placements for people on Universal Credit aged between 16 and 24, who are at risk of long-term unemployment. 

Wednesday briefing: Rishi Sunak to deliver coronavirus mini-budget

Jul 8th, 2020 via The Guardian World News
Jobs scheme for under-25s among measures

Coronavirus: Conor Murphy calls for more financial flexibility for NI

Jul 8th, 2020 via BBC World - Northern Ireland 
NI Finance Minister Conor Murphy has joined with his Scottish and Welsh counterparts to urge the UK government to ease "rigid fiscal rules". Mr Murphy, along with Kate Forbes and Rebecca Evans, made the call ahead of the chancellor's summer statement. 

Day-to-Day Impact

Coronavirus: Care workers reunited with families after 12 weeks

Jul 7th, 2020 via BBC - Front Page
Play Salons left confused over reopening 7 July 2020 Emotional reunions for care workers 7 July 2020 'Very different' reopening of National Gallery 

Coronavirus: Peter Weir says no extra funds for schools reopening

Jul 8th, 2020 via BBC News - UK
There is no extra money to help schools reopen after the summer break, Peter Weir has said. 

Coronavirus transmission rates key to school return

Jul 7th, 2020 via BBC - Wales
Any decision on how schools will return in September would be based on coronavirus transmission rates, the education minister has warned. Kirsty Williams said regular reviews would be carried out during the summer but she hoped to outline her plan for pupils this week. 

Coronavirus: Jersey ferry passengers not tested on arrival

Jul 7th, 2020 via BBC News - Jersey
Passengers arriving in Jersey on a ferry from England were not tested for Covid-19, the government has confirmed. The island reopened its borders on Friday, with travellers tested on arrival or required to self-isolate for 14 days. 

Global Situation

Coronavirus: Trump moves to pull US out of World Health Organization

Jul 7th, 2020 via BBC - Front Page
President Donald Trump has formally moved to withdraw the US from the World Health Organization (WHO). The president had made his intentions clear in late May, accusing the WHO of being under China's control in the wake of the coronavirus pandemic. 

Global report: WHO says 'evidence emerging' of airborne coronavirus spread

Jul 7th, 2020 via The Guardian - World News
The World Health Organization has acknowledged new evidence that the coronavirus spreads more widely in the air than it had previously suggested, as the Trump administration gave official notification of its withdrawal from the group. 

Coronavirus: Evening update as Brazil's president Bolsonaro tests positive

Jul 7th, 2020 via BBC - Front Page
Here are five things you need to know about the coronavirus outbreak this Tuesday evening. We will have another update for you on Wednesday morning. 1. Brazil's President Bolsonaro tests positive Brazil's President Jair Bolsonaro has tested positive for coronavirus. 

Further Reading

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