Diseases, Conditions, Syndromes

Virus curbs tightened over fears of a second wave

Spain and Germany were among the countries tightening restrictions on Tuesday in a bid to cool coronavirus hotspots that have sparked fears of a second wave.

Diseases, Conditions, Syndromes

Virus cases surge in Americas as IMF warns of economic carnage

More than 78,000 people were diagnosed with COVID-19 in the US and in Brazil alone Wednesday, as the IMF laid out the unprecedented economic devastation caused by the global pandemic and the WHO warned the number of infections ...

Diseases, Conditions, Syndromes

Vaccine hopes and economic woes as virus spreads

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.

Diseases, Conditions, Syndromes

One third of humanity under virus lockdown

India's billion-plus population went into a three-week lockdown on Wednesday, with a third of the world now under orders to stay indoors, as US politicians agreed to spend $2 trillion to counter the economic damage of the ...

Diseases, Conditions, Syndromes

China virus epicentre to open up as world locks down

China announced Tuesday an end to travel curbs at the epicentre of the coronavirus pandemic, as governments around the world tightened lockdowns in a desperate effort to slow the spread of the deadly disease.

Diseases, Conditions, Syndromes

Markets plunge, Italy locked down as virus spreads

Financial markets around the world crashed Monday and a swathe of northern Italy was sealed off as authorities struggled to contain the spread and impact of the deadly coronavirus.

Diseases, Conditions, Syndromes

France cancels mass gatherings over virus fears

France on Saturday cancelled all gatherings of 5,000 people or more in a bid to contain the coronavirus outbreak that is rapidly spreading across the world, as the World Health Organization raised its risk alert to its highest ...

Diseases, Conditions, Syndromes

South Korea virus cases surge as WHO sounds maximum alert

South Korea reported its biggest surge in new coronavirus cases on Saturday as concerns grew of a possible epidemic in the United States and the World Health Organization raised its risk alert to its highest level.

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Global financial crisis of 2008–2009

The global financial crisis of 2008–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008. In September 2008, the crisis deepened, as stock markets worldwide crashed and entered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks.

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