Coronavirus Updates

Stay up to date on the COVID-19 news and the ways global businesses, markets, finance and technology industries are reacting to the ongoing coronavirus pandemic.

Coronavirus Updates Today

With the COVID-19 outbreak, you can now get the latest coronavirus updates on coinspeaker, ranging from its toll on the health, finance and social sector to how the world is making moves to see the end of the pandemic soon.

COVID-19 is an infectious disease that is initiated by recently discovered coronavirus easily transmitted between persons and animals. The World Health Organization declared the virus a pandemic last month after it killed thousands of people in several countries. The virus originated from Chinese Wuhan in December 2019 and is speculated to have sprung from the wet markets in the province.

With over two million cases of Coronavirus already confirmed around the globe, 125 thousand people have lost their lives to the deadly virus. The top 5 countries most hit by the virus include the USA, Italy, Spain, Germany, and France.

The coronavirus outbreak has had its adverse effect on the economy of the world, with people losing their jobs, companies going bankrupt, major shares dropping and economic recession topping the list. For example, Over 21 million Americans have filed for unemployment benefits in the past three weeks after losing their jobs to the pandemic. Also, travel bans have restricted inter border trading across the globe and airlines have suffered from this too.

According to WHO, the virus that causes COVID-19 is transmitted through droplets produced when an infected person coughs, sneezes, or breathes out. The virus can be contacted when a person inhales these droplets through their nose or mouth. The exhaled droplets of COVID-19 re too heavy to float in the air, and rapidly drop on floors or surfaces and survive there for up to days.

Preventing COVID-19

COVID-19 currently has a mortality rate of 3.4% around the world as most infected people tend to recover within two weeks of infection. The fight to overcome this pandemic has been a global effort, with most countries imposing a compulsory stay at home order and lockdown. Reports have suggested that the best way to prevent contracting the virus is by maintaining a social distance of at least two meters, washing hands regularly with soap and water, use of face mask, hand sanitizers and ensuring personal hygiene. Several health companies have created possible vaccines for coronavirus and submitted them for testing and approval.

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