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World coronavirus Dispatch: How to avoid debt crisis in emerging markets

Opacity comes in the way of China's global vaccination plan, Inside Oxford vaccine development, Thailand reports biggest case surge and other pandemic-related news across the globe

debt restructuring, loans, recast, moratorium
premium

The IMF estimates the debt crisis will worsen for the developing nations next year

Akash Podishetty Hyderabad
US reaches deal on $900 billion coronavirus aid

Following months of negotiations, American lawmakers have finalised a $900 billion coronavirus relief, that aims to lift the economy, help businesses and individuals. The relief will offer aid to jobless Americans, fund schools and vaccine distribution among others. Amid calls from many to end the deadlock, both Republicans and Democrats negotiated for months in trying to reach a common ground. Read here
 
Let's look at the global statistics

Global infections: 76,836,147

Change Over Yesterday: 529,649

Global deaths: 1,693,447

Nations with most cases: US (17,844,839), India (10,055,560), Brazil (7,238,600), Russia (2,821,125), France (2,529,756).

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