A sign displays that college is closed as the coronavirus continues to spread across the US in Paramus, New Jersey. AFP
With panic buying on Main Street and fear-driven sell-offs on Wall Street, the US Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating coronavirus pandemic.
New York City Bill de Blasio on Sunday said he was ordering restaurants, bars and cafes to only sell food on a take-out or delivery basis. He also said he would order nightclubs, movie theaters, small theater houses and concert venues to close.
US President Donald Trump, who had openly pressed the Fed for further action, called the move "terrific" and "very good news."
Americans are waking up to a new reality as coronavirus spreads, with store shelves stripped bare of essentials, schools closed and millions of jobs in jeopardy as businesses temporarily shut their doors. New York City joined the nation's other major public school systems in calling off classes starting this week.
With limited testing available, US officials have recorded nearly 3,000 cases and 65 deaths, up from 58 on Saturday. Globally more than 162,000 are infected and over 6,000 have died.
Pence also said the government on Monday morning would issue updated federal guidelines, which he described as "broad-based recommendations for the American public."
The US Centers for Disease Control on Sunday recommended that events with gatherings of 50 or more people over the next eight weeks be postponed or canceled.
A record daily increase of 370 according to a Reuters tabulation of official data. Worldwide, confirmed cases rose above 593,000 with 27,198 deaths, the Johns Hopkins Coronavirus Resource Center reported.
The death toll from the virus has surged to more than 14,400, with Europe the epicentre but the situation worsening from Pacific islands to Africa and the United States.
Robert Redfield, director of the Centers for Disease Control and Prevention (CDC), called on Americans to use the coming months to prepare -- and get their flu shots.
Dassault was the eldest son of late French billionaire industrialist Serge Dassault, whose namesake Dassault Aviation , builds the Rafale war planes and owns Le Figaro newspaper.
It is International Women’s Day today. Let us express our gratitude to everyone across the globe who have either toiled or effortlessly promote for women’s emancipation and partnerships in all fronts since the 1900s.
Francis, on a historic first visit by a pope to Iraq, visited the northern city to encourage the healing of sectarian wounds and to pray for the dead of any religion.