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World Coronavirus Dispatch: European Union finally agrees on relief package

LinkedIn cuts 960 jobs, Swiss watch exports may slide 30%, 5 ways how Covid-19 has changed suburban real estate and other pandemic-related news across the globe

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Two early trials, one from the University of Oxford, and one from a group of researchers in Wuhan, have shown positive results

Yuvraj Malik New Delhi
European Union finally agrees on relief package: EU leaders Tuesday stitched together a consensus for a historic relief plan to support Europe out of the coronavirus crisis. As per the plan, European Commission, EU’s executive body, will borrow 750 billion euros ($857 billion) using its triple-A-rated debt, and disburse 390 billion euros ($446 billion) in grants and 360 billion euros ($412 billion) in cheap loans to its member nations. Read more here

Let’s look at the global statistics: 


Total Confirmed Cases: 14,714,500

Change Over Yesterday: 207,009
Total Deaths: 610,149
Total Recovered: 8,305,326

Nations hit with most cases: US (3,830,926), Brazil