Business Standard

World Coronavirus Dispatch: Some 38 mn could sink into poverty in East Asia

Democrats present $2.2 trn stimulus plan, surprise surge in pregnancies in Phillippines, UK keeps threat of firmer London Covid as cases soar, and other pandemic-related news across the globe


Members of the medical staff treat a patient who is wearing helmet-based ventilator in Houston.

Yuvraj Malik New Delhi
The pandemic is creating a class of “new poor” across East Asia and the Pacific with 38 million more people expected to sink into poverty in 2020, according to the World Bank. The triple shock of the pandemic, the containment measures and the global recession means the region will grow only 0.9 percent this year, its weakest expansion since 1967 -- and poverty will increase for the first time in 20 years. Read more here

Let’s look at the global statistics:

Total Confirmed Cases: 33,353,614

Change Over Yesterday: 275,077

Total Deaths: 1,001,644

Total Recovered: 23,151,117

Nations hit with most cases: US

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First Published: Sep 29 2020 | 2:15 PM IST

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