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

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.

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 ...

Medications

UK experts urge $2bn global fund to develop antibiotics

The global pharmaceutical industry should set up a $2.0 billion (1.8-billion euro) global innovation fund to help kickstart research into developing more resistant antibiotics, experts said on Thursday.

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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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