Vaccine hopes and economic woes as virus spreads


coronavirus
Credit: CC0 Public Domain

President Donald Trump voiced hope Friday that a coronavirus vaccine will be available by late 2020, cushioning dire US economic news as parts of Europe re-open despite fears of a second wave of the pandemic.

Several nations have eased restrictions to stem the economic damage from lockdowns, as much of the world learns to live as best it can under the shadow of the disease that has killed more than 304,000 people globally and infected 4.5 million.

While Europe unlocks after reducing the number of new infections, cases continue to soar in other parts of the world as the economic and political fallout grows.

The hunt for a vaccine for a disease that the World Health Organization (WHO) says may never disappear has also threatened to become a source of tension between the globe’s haves and have-nots, with trials underway in various countries.

“We are looking to get it by the end of the year if we can, maybe before,” Trump told reporters at the White House as he discussed America’s “Operation Warp Speed” effort in the global race for a vaccine.

The timeline—deemed unrealistic by many experts—is more aggressive than the one-year scenario put forward by European scientists.

Many countries are not waiting, with borders and beaches were reopening around Europe after two traumatic months in which life ground to a halt.

Germany, which this month began its slow emergence from confinement, was ready to relaunch its football championship Saturday, although in front of empty stadiums and under draconian health measures.

Russia pushed ahead with plans to ease restrictions despite reporting more than 10,000 new cases, with its football league set to return next month and thousands of people being tested for antibodies to show whether they have had the virus or not.

Beaches reopening

Slovenia on Friday became the first European country to open its borders, despite new infections still being reported.

Latvia, Lithuania and Estonia were creating their own “Baltic bubble” allowing free movement among the three countries.

France called for self-restraint as the country prepared for its first weekend since easing its lockdown Monday, warning that police would break up any large gatherings.

With the European summer fast approaching, the key tourism industry is trying to salvage something from the wreckage.

Parasols and sunloungers are starting to appear on coastlines in Italy, one of the countries hardest hit by the pandemic.

“It moves me to see these sunshades,” said Simone Battistoni, whose family has been running the Bagno Milano beach concession in Cesenatico on Italy’s east coast since 1927.

Austria took an important symbolic step Friday by reopening its restaurants and iconic Viennese cafes.

“We missed it and we’re going to come back as much as possible,” said Fanny and Sophie, 19-year-old students waiting for breakfast at a cafe in the Austrian capital.

Ireland will begin to lift its lockdown in coming days while introducing a 14-day quarantine period for new arrivals.

On the other side of the world, Sydney’s bars and restaurants opened their doors to customers Friday as a weeks-long lockdown eased.

“The desire to sit in a place that is not your house with your mates and have a drink is truly overwhelming,” said Chrissy Flanagan, owner of The Sausage Factory, a bistro in Australia’s biggest city.

US economic woes

The pressure to ease lockdowns has mounted as the catastrophic economic effects of the virus have become clearer.

In the United States, the world’s worst-affected country with more than 87,000 deaths and 1.4 million cases, industrial production plunged a record 11.2 percent in April, the largest drop in a century.

It was the latest sign of a once-thriving American economy wounded by a crisis that has dug in its teeth and won’t let go.

Department store JCPenney, a retail institution which has not turned a profit since 2011, on Friday became the latest US business to file for bankruptcy.

“May will not be a month of celebration. Nor will June. Nor July. Nor probably the rest of this year,” warned Neil Saunders, managing director of GlobalData Retail.

With 36.5 million Americans—more than 10 percent of the population—left unemployed by the coronavirus disaster, Trump has been keen to ease lockdown measures as he seeks re-election in November.

Some areas are resisting. Lockdown measures in New York City have been extended until May 28.

US lawmakers were debating a massive, $3 trillion rescue package to help American families and businesses stay afloat.

But the president has also sought to deflect from his government’s handling of the pandemic by ramping up his war of words with Beijing over what he has dubbed the “Plague from China,” threatening to cut ties between the two countries.

The virus first emerged in the Chinese city of Wuhan late last year before spreading worldwide.

Europe’s top economy Germany meanwhile tipped into recession, suffering its steepest quarterly contraction since the in 2009.

‘Nightmare scenario’

The pandemic has also caused political ructions.

Brazil lost its second health minister in a month when Nelson Teich resigned Friday over what an official said was “incompatibility” with right-wing President Jair Bolsonaro’s approach to fighting the country’s spiraling COVID-19 crisis.

Meanwhile the virus continues its global march.

The WHO said Africa could have 231 million people infected and up to 190,000 could die.

There was also concern over the “nightmare scenario” of the discovery of infections in the world’s biggest refugee camp, in Bangladesh, where upwards of a million Rohingya Muslims from neighboring Myanmar live in squalor.


As new clusters emerge, WHO warns virus may be here to stay


© 2020 AFP

Citation:
Vaccine hopes and economic woes as virus spreads (2020, May 16)
retrieved 16 May 2020
from https://medicalxpress.com/news/2020-05-vaccine-economic-woes-virus.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.



loading...

Related posts:

Slovenia opens borders after declaring epidemic over
Coronavirus cases top five million worldwide
Coronavirus-Infektionen können zu Delir und PTSD führen
Psychedelic experiences disrupt routine thinking—and so has the coronavirus pandemic
Japan set to lift coronavirus emergency as cases slow
Leberkrebs: Forderung nach mehr Aufmerksamkeit in Bezug auf Hepatitis D
Deutsche Dermatologische Gesellschaft e.V. - Aktuelles zu COVID-19
Tackling alcohol harms must be an integral part of the nation's recovery from COVID-19
Using riboflavin, UV light reduces SARS-CoV-2 pathogens in plasma, whole blood
US regulators approve new type of contraceptive gel
New virus deaths in Spain fall to two-month low under 100
Gene inactivation of PTEN drives cancer predisposition
The cholera outbreak in a Victorian asylum that anticipated the coronavirus crisis in care homes
PM Johnson says Britain could reopen stores on June 15
Immunantwort nach Corona-Infektion im Blick
Klappenersatz bei Aortenstenose: Neue Erkenntnisse über den Behandlungserfolg von TAVI
When could a COVID-19 vaccine be ready?
As US, Europe reopen more, big nations see rising virus toll
Krohne folgt Kirchhof: Neue Leitung der Netzhautchirurgie an der Uniklinik Köln
How the coronavirus could be prevented from invading a host cell
WIdO-Studien belegen Zusammenhang zwischen Fallzahl und Qualität bei Hüft- und Knieprothesenwechseln
Hilfe für Beatmungspatienten: Mit Salbe soll Sauerstoffaufnahme über die Haut erhöht werden
Mayor says Mexico City will begin gradual reopening June 1
India extends nationwide lockdown until end of May
Saudi Arabia to end virus curfew from June 21
Chirurgie-Ausbildung mit Roboter und Virtueller Realität
Gehirnmetastasen: Erleichtert Fluoreszenz-Markierung die operative Entfernung von Tumoren?
Nearly quarter of a billion people in Africa will catch coronavirus and up to 190,000 could die
California hospitals saw sharp drop in heart attacks during COVID-19 shutdown
Neue Erkenntnisse zu Hepatitis C bei Säuglingen könnte zu besseren Therapien führen
COVID-19: Ulmer Forscher untersuchen in neuer Therapiestudie Wirkung von Ruxolitinib
Turkey nears end of latest lockdown, death toll up to 4,397
Schmerztherapie ohne Opioide nach roboterassistierten Eingriffen
New research finds 'Dr. Google' is almost always wrong
Studie enthüllt viele Möglichkeiten, wie Karzinogene die Entwicklung von Brustkrebs auslösen
Study shows patients with hemorrhagic brain disease have disordered gut microbiomes
Right ventricular dilation linked to mortality in COVID-19
Abnormalities detected on brain MRI of COVID-19 patients in ICU
SARS-CoV-2: Möglicher protektiver Effekt durch Androgenentzug
Diabetes mellitus: Ein Risikofaktor für frühe Darmkrebserkrankungen
Turkey confirms 32 deaths, 1,141 new COVID-19 cases
Largest study of its kind of women in labor finds nitrous oxide safe, side effects rare
India backs hydroxychloroquine for virus prevention
DGIM-Vorsitz 2020/2021: Dresdner Gefäßmediziner Schellong übernimmt 
Parents struggling to provide for families during pandemic
Ten-year results display strong safety and efficacy profile for TPV device
Anti-viral drug remdesivir effective against coronavirus, study finds
Study finds that aging neurons accumulate DNA damage
Russia reports record coronavirus deaths, recoveries
Researchers urge clinical trial of blood pressure drug to prevent complication of COVID-19
Schwangerschaft: "Natürlich" bedeutet nicht automatisch gesund
New study evaluates facial feminization outcomes, benefits for transgender women
UK buys 10 million antibody tests for care staff, patients
Incidence of AMI hospitalization down during COVID-19
Americans and Europeans soak up the sun amid new rules
BCG: Warnung vor latenten Infektionen
Canada and the U.S. working on extending border closure
Psoriasis und Psoriasis-Arthritis: Evaluierung veränderbarer Risikofaktoren
Coronavirus may never go away: WHO
Woche des Sehens 2020: "Die Zukunft im Auge behalten"
I-call – Wenn Mikroimplantate miteinander kommunizieren
MCC: Städtische Umweltzonen senken Ausgaben für Herztabletten und Asthmasprays
UK's COVID-19 study aims to vaccinate more than 10,000
Zu wenig Schlaf hängt auch bei Erwachsenen mit häufigeren Asthmaanfällen zusammen
Endgültiges Aus für Mentholzigarette in der EU
Nicht immer lässt sich SARS-CoV-2 über einen Abstrich nachweisen
Demenz-Gen erhöht das Risiko für schweres COVID-19
Nierenwerte als Seismograf für COVID-19-Erkrankung
Researchers use old equations coupled with new methods to help decode the massively complex gut micr...
Europe reopens widely; China gives $2 billion to virus fight
Ist das Nervensystem bei SARS-CoV-2-Infektionen beteiligt?
Germans opt for staycations as virus fears linger
Pruritus bei Psoriasis: Phase-II-Studie mit NK1-Rezeptorantagonist
EU calls for independent probe of WHO's pandemic response
Research team shrinks breast cancer tumors in mice with targeted therapy
the hunt for the antibody to treat COVID-19
Outside US, top scientists steer debate away from politics
Global spread of the multi-resistant pathogen Stenotrophomonas maltophilia
Researchers identify mechanisms that make skin a protective barrier
How scientists hope to stop coronavirus in its tracks
Study finds childhood cancer does not affect parental separation, divorce, and family planning in De...
Officials release edited coronavirus reopening guidance
Beim Fahrradfahren zum Infektionsschutz zusätzlich an den Kopfschutz denken
New York's daily virus death toll falls below 100: governor
Vorhersage eines Lungenversagens bei Patienten mit COVID-19
Metformin in Hydrogel: Vielversprechende Formulierung zur topischen Wundbehandlung
Corona-relevante Vorerkrankungen hätten verhindert werden können
its impact cannot be explained away through the prism of race
Voluntary collective isolation is best response to COVID-19 for indigenous populations
No new virus deaths in Ireland for first time 10 weeks
Madagascar's 'green gold' against COVID-19 seeks nod beyond Africa
Britain divided over reopening schools as virus rules ease
Public information key to combating rising 'superbug' threat
France revises down coronavirus death toll
World coronavirus cases top 5.5 million
Machine that oxygenates blood may help critically ill COVID-19 patients
Loosened restrictions, holiday weekend to test California
Early indicators of vaccine efficacy
Forscher bestätigen Zusammenhang zwischen CED und Zöliakie
Ein Wachstumsfaktor für Blutgefäße als Schutzfaktor für metastasierende Tumorzellen

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Ky është ‘testi shtëpiak’ për koronavirusin

Sat May 16 , 2020
Testet për COVID-19 dihet se s’ janë një përvojë e këndshme. Ato përbëhen nga hyrja (e thellë) e një shtupe të gjatë me anë të hundës, derisa të ndjehet gati se arrin trurin. “Ishte e tmerrshme”. Kjo ishte ndjenja e neuroshkencëtarit të Universitetit Rutgers, Andrew Brooks, që bëri testimin për […]