The Federal Reserve, in a rare emergency step, cut short-term rates by half a percentage point on March 3 to protect the U.S. economy from the growing fallout of the global coronavirus outbreak.
Iran’s supreme leader on Tuesday ordered the Islamic Republic’s armed forces to assist its Health Ministry in combating the spread of the new coronavirus.
The Associated Press has confirmed a sixth person has died in the United States from the coronavirus.
Smashing worries about voter fatigue and virus fears, authorities said Monday that Israelis were streaming to the polls in higher numbers than have been seen in years.
Washington Gov. Jay Inslee and Florida Gov. Ron DeSantis both declared states of emergency over the weekend to help their states prevent further spread of the novel coronavirus.
A member of a council that advises Iran’s supreme leader died Monday after falling sick from the new coronavirus, state radio reported, becoming the first top official to succumb to the illness that is affecting members of the Islamic Republic’s leadership.
China’s U.N. ambassador said Monday that North Korea is suffering ‘negatively’ from the coronavirus and called for greater flexibility from the United States and other countries on lifting sanctions against the country.
President Trump spoke to the nation on Saturday after the COVID-19 virus, formerly known as coronavirus, claimed its first American life in Washington state.
It’s hard to pinpoint exactly how or where it started, but the political blame-game over the coronavirus has proven highly contagious, spreading rapidly among Democrats and Republicans as it infects the 2020 election discourse.
Churches were closed in South Korea on Sunday, with many holding online services instead, as authorities fought to rein in public gatherings as 586 new coronavirus infections took the tally to 3,736 cases.
Global markets have lost $6 trillion in value over the past six days, according to S&P Dow Jones Indices.
Coronavirus cases surged in Italy, and France closed the world-famous Louvre Museum on Sunday as the deadly outbreak that began in China sent fear rising across Western Europe, threatening its tourism industry.
A coalition of Christians across denominational lines are uniting to pray for an end to the coronavirus.
All countries need to prepare to combat the coronavirus, the World Health Organization said on Thursday, as authorities raced to contain the epidemic’s rapid global spread and Wall Street looked set for its biggest weekly fall since the 2008-2009 financial crisis.
The Dow Jones industrial average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Israeli scientists are on the cusp of developing the first vaccine against the novel coronavirus, according to Science and Technology Minister Ofir Akunis. If all goes as planned, the vaccine could be ready within a few weeks and available in 90 days, according to a release.
“Congratulations to MIGAL [The Galilee Research Institute] on this exciting breakthrough,” Akunis said. “I am confident there will be further rapid progress, enabling us to provide a needed response to the grave global COVID-19 threat,” Akunis said, referring to the disease caused by the novel coronavirus.
The SARS-CoV-2 coronavirus reached a new milestone after a man in Brazil tested positive for the contagion.
There are currently 1,600 Israelis in quarantine for coronavirus all across the country, stretching from Kiryat Shmona in the very north all the way down to Be’er Sheva in the south.
President Trump put Vice President Mike Pence in charge of coordinating efforts to address the new strain of coronavirus, seeking to reassure the nation as cases of the disease mounted worldwide and U.S. stock markets suffered major losses.
Investors betting big against catastrophic diseases are watching the World Health Organization closely as insurance bonds tied to whether the organization labels COVID-19 a pandemic are set to mature in June.