SMM9 March 7: at present, the cumulative number of confirmed cases of COVID-19 in the world has exceeded 27.29 million, of which the United States COVID-19 has the highest cumulative number of confirmed cases in the world, exceeding 6.46 million; India has surpassed Brazil to become the country with the second highest number of confirmed cases by COVID-19 in the world.

Today's focus

[latest developments in the global epidemic] Worldometers world real-time statistics show that as of 12:43 on September 7, the cumulative number of confirmed cases of COVID-19 in the world exceeded 27.29 million, reaching 27292661, and the cumulative number of deaths exceeded 887000, reaching 887555. COVID-19 of the United States has the largest number of confirmed cases in the world, with more than 6.46 million confirmed cases, reaching 6460250, and more than 193000 deaths, reaching 193250.

[about 36000 new confirmed cases by COVID-19 in the United States accumulated more than 6.27 million confirmed cases] according to data from Johns Hopkins University in the United States, as of 17:28 eastern time on the 6th, the number of confirmed cases by COVID-19 in the United States had reached 6270950, and the number of deaths had reached 188810. Compared with 16:33 the previous day, there were about 36000 new confirmed cases.

[India has the second highest number of confirmed cases of novel coronavirus in the world] 90802 new cases have been confirmed by COVID-19 in India, bringing the total number of confirmed cases to 4.2 million. India has overtaken Brazil to become the country with the second highest number of confirmed cases of COVID-19 in the world.

[3527 new cases a day in the Indian capital region, the biggest increase in 75 days.] 3257 new confirmed cases of COVID-19 were reported in the National Capital District of Delhi on Sept. 6, the largest increase in the past 75 days, according to the India Today website. The previous record was on June 26, with 3460 new cases in a single day.

[us Treasury Secretary Mnuchin: the White House and Congress agree to provide funds for the federal government until early December] according to local time on September 6, US Treasury Secretary Mnuchin said on Sunday that the White House and Congress will reach an agreement to provide financial support to the federal government until early December, and the details of the bill will be finalised next week. The measure will ensure the proper functioning of U. S. government agencies to avoid a government shutdown after the end of existing financial support on Sept. 30. According to a Democratic aide, Mnuchin and House Speaker Pelosi have agreed to expand funding.

[novel coronavirus vaccine is available: nine vaccines around the world have entered phase III clinical trials, three from China]. On September 6, World Health Organization (WHO) held COVID-19 's regular press conference. Sumia Swaminathan, chief scientist of World Health Organization (WHO), said that more than 30 novel coronavirus vaccines worldwide have entered clinical trials, of which 9 novel coronavirus vaccines are in phase III clinical trials. After combing, the reporter found that three of the nine novel coronavirus vaccines that entered phase III clinical trials were from China, namely, the inactivated vaccine of Wuhan Institute of Biological products, the inactivated vaccine developed by Kexing Biotechnology, and the adenovirus vector vaccine developed by Academician Chen Wei.

[ECB policy may be greatly influenced by the Federal Reserve Lagarde will be cautious] ECB policy may be greatly influenced by the Federal Reserve. ECB officials face not only the strength of the euro to a two-year high, but also the driving force behind it-the Fed periodically tolerates accelerating inflation, a policy the ECB needs to emulate. Earlier this year, the ECB proposed to review monetary policy, but then focused on dealing with the epidemic, the assessment work stagnated, and now the Fed's action may provide some impetus to the ECB. Moreover, with only two months to go before the US election, events in the US are likely to be the focus of the ECB's attention. Some analysts believe Ms Lagarde has more reason to maintain the cautious tone of the July meeting at the September meeting, as there are signs that the economic recovery in the eurozone has slowed, COVID-19 cases are rising and inflation is falling sharply.

[IMF: epidemic may cause low-income developing countries to face a "lost decade"] the International Monetary Fund recently pointed out that the economies of low-income developing countries have suffered severe internal and external shocks as a result of the epidemic. At the same time limited financial resources and weak institutional functions limit the ability of governments of many low-income developing countries to support their economic development. IMF predicts that economic growth in low-income developing countries is likely to stagnate this year, compared with 5 per cent growth in 2019. Without the continued support of the international community, the epidemic is likely to erase the achievements made in poverty reduction in these countries over the past decade.

Maha Ahmed, deputy representative of the agency of the United Nations World Food Program in China, said on Sept. 6 that 70 million to 100 million people are expected to fall into extreme poverty this year because of the bottom impact of the global COVID-19 epidemic. At present, the World Food Programme is actively mobilizing resources to meet the food needs of more than 100 million people.

The latest situation of the global epidemic:

(source: Sina)

China

National Health Commission: from 0 to 24:00 on September 6, 12 new confirmed cases were reported in 31 provinces (autonomous regions, municipalities directly under the Central Government) and Xinjiang production and Construction Corps, all of which were imported from abroad (4 in Shanghai, 4 in Guangdong, 2 in Sichuan, 1 in Tianjin and 1 in Chongqing). There were no new deaths and no new suspected cases.

America

Us Treasury Secretary Nuchin: House Speaker Pelosi refuses to negotiate a new stimulus package, but is open to a follow-up solution to avoid a lockout.

It is hoped that the US economy will grow by 25 per cent and 35 per cent in the third quarter.

Once the economy recovers, it will focus on the national debt problem.

President Trump and I agree that the United States needs more stimulus packages and is ready to cooperate with Congress on stimulus bills.

California reported 4905 new cases confirmed by COVID-19, a total of 732144, and 66 new deaths, bringing the total to 13709.

Japan

[the postponed Tokyo Olympic Games will be held as scheduled next year] Coates (John Coates), chairman of the Coordinating Board of the International Olympic Committee, said in an interview with AFP on Monday that with or without novel coronavirus, the postponed Tokyo Olympic Games will be held as scheduled next year. Coates said that with the exception of the world war, the Olympic Games have never been cancelled, and the Tokyo Olympic Games will open according to the revised date. He said that with or without novel coronavirus, the Tokyo Olympic Games will open on July 23 next year.

Korea

There were 119 new confirmed cases of COVID-19 in South Korea, the lowest in a single day in three weeks, with a total of 21296 confirmed cases.

[affected by the epidemic, South Korea's tourism revenue hit a 17-year low in the second quarter.] according to the Korea Tourism Commune (Tourism Development Bureau), South Korea's tourism revenue fell 78.6 percent in the second quarter from a year earlier to $1.19 billion, the lowest level since the second quarter of 2003 ($1.11 billion).

Other regions

[new cases in Israel have been in high position for many days in a row.] on the evening of September 6, local time, the Israeli Ministry of Health announced an epidemic report showing that from 20:00 on the 5th to 20:00 on the 6th, there were 1389 new cases confirmed by COVID-19 in Israel, totaling 130157, with 5 new deaths and 1012 deaths. So far, there are 26683 confirmed cases, of which 447 are in critical condition, of which 102462 have been cured and recovered. On the 6th, Israeli Prime Minister Benjamin Netanyahu proposed a curfew instead of a complete closure in 40 "red" towns with high infection rates across the country. The curfew is from 7 p.m. to 5 a.m. the next day.

[7071 new cases confirmed by COVID-19 in France 58 new incidents of cluster infection in one day] according to the latest data released by the French Public Health Bureau on the 6th, as of 14:00 on the same day, the number of confirmed cases by COVID-19 in France rose to 324777, with 7071 new cases within 24 hours. The percentage of people who tested positive for novel coronavirus in France rose to 4.9% in the past week. In addition, France currently has 528 cluster infections under investigation, of which 58 are new within 24 hours. 62 provinces are classified as areas at high risk of the epidemic.

British Health Secretary Hancock: the rise in COVID-19 's confirmed cases is worrying, mainly in young people.

[latest epidemic situation in Germany] according to the Robert Koch Institute of the German Agency for Disease Control and Prevention, there were 814 new confirmed cases of COVID-19 in Germany, compared with 988 the day before.

There are 14521 new confirmed cases of COVID-19 in Brazil.

Myanmar reported 100 new confirmed cases of COVID-19, the highest increase in a single day.

National response measures and related impacts

IFO:, a German think-tank, expects production to increase slightly in the coming months.

Italian Finance Minister Gualtieri: Italy is expected to return GDP growth to pre-epidemic levels by 2022.

Italy is expected to grow at an annualised rate of more than 9.5% in the third quarter. The government will set debt reduction targets.

Italy's GDP contraction is likely to shrink to single digits in 2020.

[Turkey's air passenger volume fell 62.9 percent in the first eight months of this year compared with the same period last year] Turkish newspaper Freedom reported on the 6th local time that from January to August this year, according to data released by Turkey's State Airport Administration, a total of about 52.29 million passengers were flying in Turkey (including transit passengers), a decrease of 62.9 percent from the same period last year.

[Fed of New Zealand may further ease monetary policy] the Fed of New Zealand said it was preparing an additional package of monetary policy tools and promised to communicate clearly about policy tools and time to use in the future. The MPC has always believed that the "least regrettable" thing is a substantial easing of monetary policy, the statement said. The committee is determined to risk doing too much, too early, rather than too little, too late. The Fed of New Zealand has slashed official interest rates and carried out massive quantitative easing. This is very effective in reducing borrowing costs for households and businesses, but it will take some time to know the impact on consumption, inflation and unemployment. The New Zealand Fed firmly believes that unnecessarily low inflation or deflation, as well as stubbornly high and persistent unemployment, can be avoided.

[Canadian media: Canada will extend rent waiver until September] according to the Globe and Mail of Canada, Canadian Prime Minister Justin Trudeau extended the loan program for business owners until September because of the COVID-19 epidemic. It is difficult for small businesses to reopen. The newspaper quoted people familiar with policy discussions as saying that Canada's emergency commercial rent assistance scheme would be extended for the third time as the government reformed its rent reduction strategy.

[Australia ensures that the AstraZeneca vaccine will be available within a few months] Australia says it will receive the first batch of COVID-19 vaccine in January 2021. Australian Prime Minister Morrison said the government has reached a production agreement with CSL Co., Ltd. to produce vaccines for AstraZeneca and Oxford University. 3.8 million doses of the vaccine will be delivered in January and February 2021. The Australian state of Victoria said 41 cases of COVID-19 had been detected in the past 24 hours, down from 63 reported the previous day and the slowest increase since June 26.

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