SMM5 March 18:

Today's focus

[latest developments in the global epidemic] Worldometers world real-time statistics show that as of 07:02 on May 18, Beijing time, the cumulative number of confirmed cases of new crown pneumonia worldwide exceeded 4.798 million, reaching 4798119, and the cumulative number of deaths exceeded 316000, reaching 316507. The cumulative number of confirmed cases of new crown pneumonia in the United States is the largest in the world, with more than 1.526 million cases, reaching 1526800 cases, and a total of more than 90, 000 deaths, reaching 90973 cases.

[latest outbreak report: who says there are more than 100000 new cases of new crown pneumonia worldwide.] on May 17, local time, WHO released the latest daily outbreak report of new crown pneumonia. As of 10:00 Daylight time on May 17 in central Europe (16:00 on May 17, Beijing time), there were 100012 new cases of crown pneumonia and 5336 new deaths worldwide. The Americas region has the largest number of confirmed cases, reaching 1966932 (57449 new cases) and 118799 deaths (3742 new cases).

[the latest epidemic in the United States: the cumulative number of confirmed cases of new crown pneumonia in the United States exceeds 1.526 million] according to Worldometers world real-time statistics, as of 07:02 on May 18, Beijing time, the cumulative number of confirmed cases of new crown pneumonia in the United States has exceeded 1.526 million, reaching 1526800, and the cumulative number of deaths has exceeded 90, 000, reaching 90973.

U.S. president Donald Trump: there is a marked decline in the number of confirmed cases of new coronary pneumonia across the United States, with few exceptions.

Federal Reserve Chairman Colin Powell: it will take a while for the economy to recover. In the long run, the economy will recover.

The economy will recover "steadily" in the second to third quarters, and the time for economic recovery may be extended to the end of next year.

Vaccines are needed to achieve a full recovery, and a full economic recovery requires confidence in the epidemic.

This is a painful moment, coming quickly and strongly.

The latest situation of the global epidemic:

(source: Sina)

China

The United States

[the latest outbreak: the cumulative number of confirmed cases in New York rose to 350000] New York reported 139 new coronal pneumonia deaths, the lowest increase since March 26. There were 1889 new confirmed cases of new crown pneumonia in New York State, with a total of 350121 confirmed cases.

Federal Reserve Chairman Colin Powell: the scale of asset purchases can be increased as needed.

Members of the FOMC and I still believe that negative interest rates may not be an appropriate or useful policy for the United States.

The economy can start to improve "very soon", but a full recovery from the epidemic will need to restore confidence;

"Medical indicators" and the spread of the virus are the most important data for the Federal Reserve to determine the path of economic development.

Us GDP in the second quarter may "easily" shrink by 20% per cent.

Businesses and households may need more financial assistance for "3mura six months" to avoid bankruptcy;

Both the Fed and Congress have more work to do to deal with the economic impact of the epidemic.

The benchmark scenario for a rise in unemployment in June is reasonable, but the unemployment rate will fall in the second half of the year.

The Fed can expand existing programs or add new ones.

Korea

Japan

[Japan is considering relaxing travel bans on China, South Korea and other countries] Japan is considering relaxing the current travel ban on countries such as China, South Korea and the United States to allow business people and researchers to enter the country, Japan's Mainichi Shimbun reported. Japan will decide the timing as well as the country and region according to the situation of the epidemic. The report did not disclose the source of the information.

Japanese government: Japan's first-quarter GDP marks the second consecutive quarter of contraction of Japan's GDP; Japanese exports recorded the biggest quarterly decline since the second quarter of 2011.

Other regions

[the latest epidemic in Singapore: a total of 28038 confirmed cases] the Ministry of Health in Singapore released epidemic data on May 17, showing that there were 682 new confirmed cases in Singapore, with a total of 28038 confirmed cases. A total of 22 deaths were reported.

[the latest epidemic in Canada: a total of 77002 confirmed cases and a total of 5782 deaths] according to the latest epidemic statistics released by various provinces and regions of Canada, up to now, Canada has confirmed a total of 77002 cases of new crown pneumonia and a total of 5782 deaths. There were 42920 cases of infection in Quebec, 22653 in Ontario and 6644 in Alberta.

[half of the cases of new crown virus infection in Canada have recovered] Tan Yongshi, chief medical officer of the Canadian Federation, announced in a statement on the 17th local time that half of the cases of new crown virus infection in Canada have been cured, and the recovery rate continues to rise. The statement said that as of May 17, Canada had a total of 76204 cases of new crown virus infection and 5702 deaths. Of the infected cases, 38159 have recovered, that is, more than half of the cases have recovered. Canada has tested nearly 1.296 million people for the new crown virus, with an average of 2.6 to 28000 people per day, according to the statement. Of these, 6% of the people tested were infected with the new crown virus.

[the latest epidemic in New Zealand: a total of 1499 cases of new crown pneumonia] according to Worldometers world real-time statistics, up to now, there have been 1499 cases of new crown pneumonia in New Zealand, 21 deaths and 1433 cured cases.

[the latest epidemic in Australia: a total of 7045 confirmed cases] according to the latest statistics from the real-time data update website Worldometers, the cumulative number of confirmed cases of new crown pneumonia in Australia is 7045, the cumulative number of deaths is 98, and the cumulative cure is 6367.

[the latest epidemic in Italy: more than 225000 confirmed cases of new crown pneumonia in Italy, with the death toll rising to 31908.] the latest data from the Italian Ministry of Civil Defense show that a total of 225435 cases of new crown pneumonia have been confirmed in Italy, with a total of 31908 deaths. There were 145 new deaths in Italy, the lowest increase since March 9.

[the latest epidemic in the UK: more than 243000 confirmed cases of new crown pneumonia in the UK, with the death toll rising to 34636] there were 3142 to 243303 new confirmed cases of new crown pneumonia in the UK, with a cumulative total of 34636 deaths, compared with 34466 the day before.

National response measures and related impacts

On Sunday, British Business Secretary Sharma announced that the government would invest an additional 84 million pounds in vaccine projects between Oxford and Imperial Technology. In addition, the British government will invest another 93 million pounds to speed up the construction of a vaccine manufacturing innovation centre in Oxfordshire. This means that the British government currently spends more than 250 million pounds on vaccine research and development. But Sharma also stressed that everything is still unknown, which does not mean that the new crown vaccine can be successfully developed.

[Iran: all restaurants and hotels will reopen at the end of this month] local time on the 17th, according to Iran's Mehr News Agency, the national working group on fighting against New Crown pneumonia decided that after Ramadan, that is, around the 24th of this month, the catering industry and hotels across the country will reopen. It is reported that since May 4, Iranian restaurants have opened, but only provide takeout service.

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