London: A top virologist who helped wipe out coronavirus in a small town during Italy’s devastating first outbreak says the country’s unique approach to testing explains why it has so far avoided the worst of a second wave sweeping Europe.
One of the worst-hit countries at the start of the year, Italy is now earning praise for keeping its economy open for four months without fuelling a major spike in cases and deaths.
It has recorded just 36.6 new infections per 100,000 people over the past two weeks compared to 319.9 in Spain, 235.0 in France, 170.6 in the Netherlands and 99.7 in the United Kingdom. Read more…..
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The coronavirus pandemic is bringing on a wave of bankruptcies in 2020. And it’s not just the retail sector that’s suffering. Automotive, aviation, telecom, and oil and gas companies are all feeling the pain as consumer demand dries up. Despite the billions of government support and loans, it might be too late for a lot of companies.