- This daily roundup brings you a selection of the latest news updates on the COVID-19 coronavirus pandemic, as well as tips and tools to help you stay informed and protected.
- Today's big stories: Confirmed coronavirus cases globally surpass 3.5 million; world leaders to hold a pledging conference for vaccine research funding; and Italy eases its long lockdown.
What is the World Economic Forum doing about the coronavirus outbreak?
Responding to the COVID-19 pandemic requires global cooperation among governments, international organizations and the business community, which is at the centre of the World Economic Forum’s mission as the International Organization for Public-Private Cooperation.
Since its launch on 11 March, the Forum’s COVID Action Platform has brought together 1,667 stakeholders from 1,106 businesses and organizations to mitigate the risk and impact of the unprecedented global health emergency that is COVID-19.
The platform is created with the support of the World Health Organization and is open to all businesses and industry groups, as well as other stakeholders, aiming to integrate and inform joint action.
As an organization, the Forum has a track record of supporting efforts to contain epidemics. In 2017, at our Annual Meeting, the Coalition for Epidemic Preparedness Innovations (CEPI) was launched – bringing together experts from government, business, health, academia and civil society to accelerate the development of vaccines. CEPI is currently supporting the race to develop a vaccine against this strand of the coronavirus.
1. How COVID-19 is impacting the globe
- Confirmed cases pass 3.5 million worldwide, according to Johns Hopkins University. Almost 250,000 people have died and 1.1 million have recovered.
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2. Global vaccine pledging conference
World leaders will hold an international pledging “marathon” on Monday with the goal of raising at least 7.5 billion euros ($8.2 billion) for research into a possible COVID-19 vaccine and treatments.
Organised by the European Union, along with Britain, Norway, Japan, Canada and Saudi Arabia, leaders aim to raise funds over several weeks or months, building on efforts by the World Bank, the Bill and Melinda Gates Foundation and wealthy individuals.
3. US death estimate revised up
U.S. President Donald Trump said on Sunday he now believes as many as 100,000 Americans could die in the coronavirus pandemic, after the death toll passed his earlier estimates, but said he was confident a vaccine would be developed by the year’s end.
4. Italy eases long lockdown, but fears resurgence of coronavirus
Italy starts to unwind Europe’s longest coronavirus lockdown, letting some 4.5 million people return to work on Monday after nearly two months at home, while finally allowing families to reunite.
However, friends have been told to keep apart and most shops must stay shut until 18 May. Restaurants and bars can only offer takeaway, while schools, cinemas and theatres will remain shut for the indefinite future.
With almost 29,000 deaths from COVID-19 since, Italy has the world’s second highest toll after the United States.
5. Australia and New Zealand discuss possible trans-Tasman "travel bubble"
New Zealand and Australia are discussing the potential creation of a “travel bubble” between the two countries.
New Zealand Prime Minister Jacinda Ardern said she has accepted an invite from Australian Premier Scott Morrison to take part in a meeting of Australia’s emergency coronavirus cabinet on Tuesday, stoking anticipation of a travel deal.
Ardern said more health measures needed to be put in place, adding: “I wouldn’t say it would be in the very, very near short term.”