President Donald Trump signed a law with a $ 2,2 trillion aid package to help the United States deal with the economic crisis inflicted by the coronavirus pandemic. The Chinese city of Wuhan, where the coronavirus outbreak began, began to lift the two-month blockade.
Deaths and infections
More than 615.600 people were infected with the new coronavirus worldwide and 28.316 died, according to a Reuters report.
The death toll in Spain rose 832 cases overnight to 5.690, the Ministry of Health said on Saturday, setting a new record in the daily increase in fatalities. The total number of infected people increased to 72.248.
Britain said 1.019 people died on Friday afternoon, an increase of 260 in total 24 hours earlier. The number of confirmed cases was 17.089 as of 09:00 GMT on Saturday.
A drive-through testing facility for healthcare professionals has started to operate in the parking lot of a popular resort near London, while Britain seeks to speed up testing for those on the front lines of the epidemic.
The Germans largely complied with the rules to prevent the spread of the coronavirus, Chancellor Angela Merkel said on Saturday, while her chief of staff said the closure would not be eased before 20 April.
The number of confirmed cases in Germany rose to 48.582 and 325 people died of the disease, statistics from the Robert Koch Institute for Infectious Diseases showed on Saturday.
Italy recorded 919 deaths from coronavirus, the highest daily number of victims worldwide, while the number of confirmed cases eclipsed the total in China.
The U.S. House of Representatives on Friday approved a $ 2,2 trillion aid package and Trump quickly signed it.
Confirmed cases of coronavirus in the United States reached 100.040 on Friday, the highest number in the world, a Reuters count showed.
On Friday, Trump invoked emergency powers to demand that General Motors build much-needed ventilators for coronavirus patients after he accused the largest U.S. automaker of "wasting time" during the negotiations.
Brazil's President Jair Bolsonaro questioned the number of coronavirus deaths in São Paulo and accused the state governor of manipulating the numbers for political purposes, without providing evidence of his allegations.
Asia and the Pacific
Japan's Abe promised an unprecedented package of measures to protect the world's third largest economy from the pandemic, saying the country was close to a national emergency as infections increased.
The Chinese city of Wuhan, where the outbreak broke out, began lifting the two-month blockade on Saturday, restarting some subway services and reopening borders, allowing some appearance of normalcy to return and families to get together.
India said it plans to turn some rail buses into isolation wards for patients with coronavirus, while officials struggle to prepare the country's health infrastructure for an expected increase in cases.
Australia stepped up enforcement of social distance rules on Saturday, imposing fines, closing beaches and threatening stricter measures if people challenge requests to stay home.
Africa and the Middle East
Turkey stopped all long-distance trains and limited domestic flights on Saturday, with the number of coronavirus cases jumping by a third in a day to 5.698, with 92 dead.
Palestinian groups in Gaza canceled mass rallies planned for next week along the border with Israel amid concerns about the spread of coronaviruses in densely populated territory, organizers said on Saturday.
Iran initiated a long-distance travel ban as the death toll rose to 2.378 on Friday.
South Africans struggled to adapt to the confinement rules, with many city streets no less busy than normal when a strict blockade began.
In the economy
Stocks worldwide fell on Friday after a historic three-day period, with nervous investors keeping the indexes on the road to the worst monthly and quarterly performances since 2008, while the dollar fell further in any week since 2009.
Canada said on Friday that it will cover 75% of small business wages and the central bank has cut its main interest rate to the lowest level in a decade.
The head of the European Central Bank urged EU leaders to take more decisive action, while the bloc is fighting over how far to go to cushion the economic impact of the pandemic.
Investors rushed to cash and bonds at a record pace last week, showed weekly data on BofA's cash flow on Friday.
Mexico is likely to take the longest time in Latin America to recover, S&P said on Friday, the day after it cut the ratings for Mexico and the national oil company Petroleos Mexicanos.
The Reserve Bank of India has reduced interest rates.
Source: Reuters // Image credits: REUTERS / Flavio Lo Scalzo