What you need to know about the coronavirus right now 06-22-20

(Reuters) – Here’s what you need to know about the coronavirus right now:

South Korea’s second wave

Health authorities in South Korea said for the first time the country is in the midst of a “second wave” of novel coronavirus infections focused around its densely populated capital.

The Korea Centers for Disease Control and Prevention (KCDC) had previously said South Korea’s first wave had never really ended.

But on Monday, KCDC director Jeong Eun-kyeong said it had become clear that a holiday weekend in early May marked the beginning of a new wave of infections focused in the greater Seoul area, which had previously seen few cases.

Training an “army”

Europeans are enjoying the gradual easing of coronavirus lockdown measures, but in hospitals they are already preparing for the next wave of infections.

Some intensive care specialists are trying to hire more permanent staff. Others want to create a reservist “army” of medical professionals ready to be deployed wherever needed to work in wards with seriously ill patients.

European countries have been giving medics crash courses in how to deal with COVID-19 patients, and are now looking at ways to retrain staff to avoid shortages of key workers if there is a second wave of the novel coronavirus.

Antibody levels fall quickly

Levels of an antibody found in recovered COVID-19 patients fell sharply 2-3 months after infection for both symptomatic and asymptomatic patients, according to a Chinese study, raising questions about the length of any immunity against the novel coronavirus.

The study highlights the risks of using COVID-19 “immunity passports” and supports the prolonged use of public health interventions such as social distancing and isolating high-risk groups, researchers said.

Health authorities in some countries such as Germany are debating the ethics and practicalities of allowing people who test positive for antibodies to move more freely than others who do not.

Israeli company has high hopes for mask fabric

An Israeli company expects a fabric it has developed will be able to neutralise close to 99% of the coronavirus, even after being washed multiple times, following a successful lab test.

Sonovia’s reusable anti-viral masks are coated in zinc oxide nano-particles that destroy bacteria, fungi and viruses, which it says can help stop the spread of the coronavirus.

Tests in the Microspectrum (Weipu Jishu) lab in Shanghai had demonstrated that the washable fabric used in its masks neutralised more than 90% of the coronavirus to which it was exposed, Sonovia said on Monday.

Liat Goldhammer, Sonovia’s chief technology officer, said that in the coming weeks the fabric, which can also be used in textiles for hospitals, protective equipment and clothing, will be able to neutralise almost 99% of the coronavirus.

Dog days for Chinese fair?

China’s annual dog-meat festival has opened in defiance of a government campaign to reduce risks to health highlighted by the novel coronavirus outbreak, but activists are hopeful its days are numbered.

The coronavirus, which is widely believed to have originated in horseshoe bats before crossing into humans in a market in the city of Wuhan, has forced China to reassess its relationship with animals, and it has vowed to ban the wildlife trade.

In April, Shenzhen became the first city in China to ban the consumption of dogs, with others expected to follow.

The agriculture ministry also decided to classify dogs as pets rather than livestock.

(Compiled by Linda Noakes, Editing by Timothy Heritage)

‘This is about livelihoods’: U.S. virus hotspots reopen despite second wave specter

By Andrew Hay

(Reuters) – Facing budget shortfalls and double-digit unemployment, governors of U.S. states that are COVID-19 hotspots on Thursday pressed ahead with economic reopenings that have raised fears of a second wave of infections.

The moves by governors of states such as Florida and Arizona came as Treasury Secretary Steven Mnuchin said the United States could not afford to let the novel coronavirus shut its economy again and global stocks tanked on worries of a pandemic resurgence.

As Florida reported its highest daily tally of new coronavirus cases on Thursday, Governor Ron DeSantis unveiled a plan to restart public schools at “full capacity” in the autumn, arguing the state’s economy depended on it.

North Carolina reported record COVID-19 hospitalizations for a fifth straight day on Thursday, a day after legislators passed a bill to reopen gyms, fitness centers and bars in a state where more than one in ten workers are unemployed.

Governors of hotspot states face pressure to fire up economies facing fiscal year 2021 budget shortfalls of up to 30% below pre-pandemic projections in the case of New Mexico, according to data from the Center on Budget and Policy Priorities think tank. Nevada, which has seen cases increase by nearly a third in the past two weeks, is suffering 28% unemployment, based on U.S Bureau of Labor statistics.

“This is about saving lives, this is also about livelihoods in the state of Arizona,” Governor Doug Ducey told a news briefing, adding that a second shutdown of the economy was “not under discussion” despite official figures showing a 211% rise in virus cases over the past 14 days.

About half a dozen states including Texas and Arizona are grappling with rising numbers of coronavirus patients filling hospital beds.

Ducey and Texas Governor Greg Abbott say their hospitals have the capacity to avoid the experiences of New York, where the system was stretched to near breaking point as some COVID patients were treated in hallways and exhausted workers stacked bodies in refrigerated trailers.

‘FOOT ON THE BRAKE’

A second wave of coronavirus deaths is expected to begin in the United States in September, the Institute for Health Metrics and Evaluation said on Thursday, citing a surge in mobility since April. Its latest model projects 170,000 deaths by Oct. 1, with a possible range between 133,000 and 290,000.

A note of caution came from Utah, where Governor Gary Herbert said most of the state would pause its reopening after a 126% rise in cases over the past two weeks.

Austin, Texas on Thursday also said it would likely extend stay-at-home and mask orders past June 15 after the state reported its highest new case count the previous day. Austin health officials blamed a record week of infections on easing business restrictions and Memorial Day gatherings.

There was no talk of new shutdowns.

In New Mexico, Health Secretary Kathy Kunkel pointed to outbreaks at the Otero County Prison Facility, as well as in nursing homes and assisted living facilities, as factors behind an uptick in cases.

“It means a little bit of a foot on the brake, watch carefully for the next couple of weeks, not much in the way of major changes in what we’re doing,” said Human Services Secretary David Scrase.

(Reporting By Andrew Hay in Taos, New Mexico; Additional reporting by Brad Brooks in Austin and David Schwartz in Phoenix; Editing by Bill Tarrant and Daniel Wallis)

Where U.S. coronavirus cases are on the rise

By Chris Canipe and Lisa Shumaker

(Reuters) – Several southern U.S. states reported sharp increases in COVID-19 infections, with Alabama, South Carolina and Virginia all seeing new cases rise 35% or more in the week ended May 31 compared with the prior week, according to a Reuters analysis.

South Carolina health officials said they expected more increases in the future due to a lack of social distancing and mask-wearing at protests triggered by the death of George Floyd while in police custody in Minnesota.

“If people don’t follow current recommendations for social distancing and avoiding crowds of any kind, we can anticipate seeing increased numbers,” the South Carolina health department said in a statement to Reuters.

Graphic: Tracking the novel coronavirus in the U.S.

South Carolina said the recent rise in its new cases, which have been going up for three weeks, was in part due to the completion of testing in the state’s 194 nursing homes.

Alabama’s health department attributed the state’s steady increase in cases since early May to community transmission, clusters of outbreaks, and more testing.

Virginia officials were not immediately available for comment.

Nationally, new COVID-19 cases fell for a fifth straight week, down 4.7% last week compared with a 0.8% drop the prior week, according to the Reuters analysis of data from The COVID Tracking Project, a volunteer-run effort to track the outbreak.

As all 50 states have partially reopened, cases are rising in 17 states compared with 20 in the prior week. (For an interactive graphic, click here)

The Centers for Disease Control and Prevention (CDC) has recommended states wait for their daily number of new COVID-19 cases to fall for 14 days before easing social distancing restrictions.

Thirteen states have met the criteria for the week ended May 31, compared with 14 states and the District of Columbia the prior week, the analysis showed. Pennsylvania and New York lead with seven straight weeks of declines, and new cases are also falling in New Jersey, Connecticut, Rhode Island and Massachusetts.

(Graphic: World-focused tracker with country-by-country interactive, )

(Reporting by Chris Canipe in Kansas City, Missouri, and Lisa Shumaker in Chicago; Editing by Tiffany Wu)

What you need to know about the coronavirus right now 5-29-20

(Reuters) – Here’s what you need to know about the coronavirus right now:

Hospitals slash use of hydroxychloroquine

U.S. hospitals said they have pulled way back on the use of hydroxychloroquine, the malaria drug touted by President Donald Trump as a COVID-19 treatment, after several studies suggested it is not effective and may pose significant risks.

Early hopes for the drug were based in part on lab tests and its anti-inflammatory and antiviral properties. But its efficacy has so far failed to pan out in human trials, and at least two studies suggest it may increase the risk of death.

China plans to extend flight curbs

Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday.

China has drastically cut such flights since March to allay concerns over infections brought by arriving passengers. A so-called “Five One” policy allows mainland carriers to fly just one flight a week on one route to any country and foreign airlines to operate just one flight a week to China.

Washington has accused Beijing of making it impossible for U.S. airlines to resume service to China.

Fighting misinformation

It’s not just U.S. President Donald Trump’s tweets that are being fact-checked.

Twitter has also flagged a tweet written in March by Chinese Foreign Ministry spokesman Zhao Lijian that suggested the U.S. military brought the novel coronavirus to China, posting a blue exclamation mark under it with a comment urging readers to check the facts about COVID-19.

Clicking on the link directed readers to a page with the headline, “WHO says evidence suggests COVID-19 originated in animals and was not produced in a lab”.

Closed climbing season

Nepal’s Sherpa guides, famed for being the backbone of mountain expeditions in the Himalayas, have also found their livelihood hit by the coronavirus outbreak.

Many have returned to their villages, hiking officials say, as climbing and trekking activities have been suspended since March, and some are looking ahead with hope to the less popular autumn climbing season, which lasts from September to November.

Friday is the anniversary of the day Tenzing Norgay, a Sherpa, and New Zealander Sir Edmund Hillary became the first people to climb the 8,850-metre (29,035-foot) high Mount Everest in 1953.

(Compiled by Karishma Singh and Nick Tattersall; Editing by Frances Kerry)

Coronavirus infects more than 3,000 U.S. meatpacking workers: union

Coronavirus infects more than 3,000 U.S. meatpacking workers: union
CHICAGO (Reuters) – More than 3,000 U.S. meatpacking workers have tested positive for COVID-19 and at least 44 workers have died, the country’s largest meatpacking union said on Thursday, reflecting an increasing toll on plant employees.

The United Food and Commercial Workers International Union has called on the Trump administration and meat companies like Tyson Foods Inc and JBS USA to do more to protect workers from the disease. The union reported 35 worker deaths in meatpacking as of May 12.

(Reporting by Tom Polansek; Editing by Chizu Nomiyama)

Where U.S. coronavirus cases are on the rise

By Chris Canipe and Lisa Shumaker

(Reuters) – Most U.S. states reported a drop in new cases of COVID-19 for the week ended May 17, with only 13 states seeing a rise in infections compared to the previous week, according to a Reuters analysis.

Tennessee had the biggest weekly increase with 33%. Louisiana’s new cases rose 25%, and Texas reported 22% more cases than in the first week of May, according to the Reuters analysis of data from The COVID Tracking Project, a volunteer-run effort to track the outbreak.

(Open https://tmsnrt.rs/2WTOZDR in an external browser for a Reuters interactive)

Michigan saw new cases rise 18% after five weeks of declines. Michigan was hit hard early in the outbreak and has seen more than 4,800 deaths.

Nationally, new cases of COVID-19 are down 8% in the last week, helped by continued declines in New York and New Jersey. Nearly all 50 U.S. states, however, have allowed some businesses to reopen and residents to move more freely, raising fears among some health officials of a second wave of outbreaks.

The Centers for Disease Control and Prevention (CDC) has recommended states wait for their daily number of new COVID-19 cases to fall for 14 days before easing social distancing restrictions.

As of May 17, 13 states had met that criteria, down from 14 states in the prior week, according to the Reuters analysis.

WHERE NEW CASES ARE FALLING

Kansas and Missouri saw the biggest declines in new cases from the previous week, after an outbreak at a St. Joseph, Missouri meatpacking plant resulted in over 400 cases in the first week of May. St. Joseph sits on the Kansas-Missouri border, just north of Kansas City.

Washington D.C. saw a 32% decline after several weeks of growth.

Georgia, one of the first states to reopen, saw new cases fall 12% in the past week and now has two consecutive weeks of declining cases.

Globally, coronavirus cases top 4.5 million since the outbreak began in China late last year. On a per-capita basis, the United States has the third-highest number of cases, with about 45 for every 10,000 people, according to a Reuters analysis.

(Reporting by Chris Canipe in Kansas City, Missouri, and Lisa Shumaker in Chicago)

More Americans return to work; concerns grow of a second virus wave

By Ben Klayman

DETROIT (Reuters) – Factory workers began returning to assembly lines in Michigan on Monday, paving the way for the reopening of the U.S. auto sector but stoking fears of a second wave of coronavirus infections as strict lockdowns are eased across the country.

With millions of Americans thrown out of work and economic activity cratering, a growing number of states are ending the tough restrictions that were put in place in March and April to slow the spread of the outbreak.

Some auto suppliers in Michigan, a Midwest industrial powerhouse hard hit by the pandemic and its economic fallout, reopened plants on Monday with skeleton crews to get ready for the planned May 18 restart of auto production.

“We’re starting up our foundry this week in anticipation of the orders coming in next week,” Joe Perkins, chief executive of Busche Performance Group, an engineering, casting and machining firm, said in a telephone interview. Busche had been making parts for non-auto customers deemed essential, such as Deere & Co and Emerson Electric Co, but is now firing up its furnaces for auto customers and training employees on how to be safe during the pandemic.

Detroit’s Big Three automakers – General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV – have said they plan to restart vehicle production at their North American plants on May 18.

The auto sector accounts for 6% of U.S. economic output and employs more than 835,000 Americans. The government of Mexico, another important link in North America’s automobile production chain, is expected to make an announcement this week regarding its plans for the industry.

Overall, more than 80,000 Americans have died in the pandemic out of more than 1.34 million known U.S. infections tallied since Jan. 20, according to a Reuters tally. Michigan has counted more than 4,500 deaths related to COVID-19, the respiratory illness caused by the coronavirus, ranking fourth among the 50 U.S. states.

In Ohio, another highly industrial state, the vast majority of retail shops can start serving customers on Tuesday.

Even New York, the epicenter of the U.S. crisis, was set to relax social distancing measures by week’s end in some parts of the state outside Greater New York City.

NEW YORK PHASE-IN

New York Governor Andrew Cuomo said he expected several parts of the state to begin a phased-in reopening as soon as this weekend after his stay-at-home order expires on May 15.

Certain low-risk businesses and activities like landscaping, tennis courts and drive-in theaters will open, Cuomo told a news conference. “We took the worst situation in the nation and changed the trajectory,” he said.

Rural parts of New York will begin to emerge from the statewide lockdown first. But New York City and its suburbs still must clear some formidable hurdles, including forging a safety plan for its regional subway and commuter rail system.

New York City Mayor Bill de Blasio said restrictions for non-essential businesses may relax next month.

Nearly all of the 50 states have begun loosening restrictions on daily business and social life under growing economic pressure. The pandemic has put more Americans out of work than any time since the Great Depression of the 1930s and prompted the U.S. Congress to pass trillions of dollars in emergency aid for workers and businesses.

Republican President Donald Trump, criticized by Democrats for his playing down and mishandling the outbreak, has been pushing for the reopening of the economy, which is seen as key to his chances of re-election in the Nov. 3 election.

In a Monday tweet, Trump again accused Democrats of taking their time lifting restrictions to embarrass him, a charge they have previously denied.

Public health experts have warned that moving too quickly to reopen, without vastly expanded diagnostic testing and other precautions firmly in place, risks fueling a resurgence of the virus. Polling shows a majority of Americans also concerned.

A surge of new infections in Germany and South Korea, both of which had been praised for acting aggressively after the outbreak spread from China early this year, suggested early efforts to lift restrictions could be premature.

Trump and officials from his administration scheduled a 4 p.m. (2000 GMT) news briefing on Monday to discuss testing.

The White House has directed staff to wear masks at all times in the building, except when they are at their own desks, a senior administration official said on Monday. Trump’s valet and Vice President Mike Pence’s press secretary both tested positive for the coronavirus last week.

(Reporting by Ben Klayman in Detroit, Maria Caspani in New York, Doina Chiacu and Lisa Lamber in Washington and Nathan Layne in Wilton, Connecticut; Writing by Steve Gorman and Paul Simao; Editing by Howard Goller)

U.S. CDC reports 1,300,696 coronavirus cases, 78,771 deaths

(Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) on Sunday reported 1,300,696 cases of the new coronavirus, an increase of 26,660 cases from its previous count, and said the number of deaths had risen by 1,737 to 78,771.

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by the new coronavirus, as of 4 p.m. ET on May 9, compared with its count a day earlier.

The CDC figures do not necessarily reflect cases reported by individual states.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Daniel Wallis)

Germany surge sounds coronavirus alarm as world takes steps to reopen

By Douglas Busvine and Michel Rose

BERLIN/PARIS (Reuters) – Germany reported on Monday that new coronavirus infections were accelerating exponentially after early steps to ease its lockdown, news that sounded a global alarm even as businesses opened from Paris hair salons to Shanghai Disneyland.

Germany’s Robert Koch Institute reported that the “reproduction rate” – the number of people each person infected with the coronavirus goes on to infect – had risen to 1.1. Any rate above 1 means the virus is spreading exponentially.

German authorities had taken early steps to ease lockdown measures just days earlier, a stark illustration that progress can swiftly be reversed even in a country with one of the best records in Europe of containing the virus so far.

It follows a new outbreak in night clubs in South Korea, another country that had succeeded in limiting infections.

Governments around the world are struggling with the question of how to reopen their economies while still containing the coronavirus. In Europe, the world’s worst-hit continent, Spain and France began major steps to ease lockdowns, while Britain announced more cautious moves.

Traffic flowed along the Champs Elysees in Paris, a giant tricolor flag billowing under the Arc de Triomphe, as workers cleaned shop-front windows to reopen.

“Everyone’s a little bit nervous. Wow! We don’t know where we’re headed but we’re off,” said Marc Mauny, a hairstylist who opened his salon in western France at the stroke of midnight when new rules took effect.

Mickey Mouse welcomed thinned-out crowds in Shanghai, the first Disney theme park to re-open, with a strict limit on the number of tickets. Parades and fireworks were canceled, and workers and guests were required to wear face masks and have their temperatures screened at the entrance.

“I think (these measures) make tourists feel at ease,” said Kay Yu, a 29-year-old pass holder wearing a Minnie Mouse hat, who said he had woken up at 4 a.m. to make the trip to the park.

“IT’S NOT OVER UNTIL IT’S OVER”

A German health ministry spokesman said the authorities were taking the rise in the infection rate seriously and it did not mean the outbreak was out of control.

Karl Lauterbach, a Social Democrat lawmaker and professor of epidemiology, had warned that the virus could start spreading again quickly after seeing large crowds outside on Saturday in his home city of Cologne.

“It has to be expected that the R rate will go over 1 and we will return to exponential growth,” Lauterbach said in a tweet. “The loosening measures were far too poorly prepared.”

In South Korea, which largely avoided a lockdown by implementing a massive testing and contact-tracing program early on, authorities were rushing to contain a new outbreak traced to night clubs.

“It’s not over until it’s over. While keeping enhanced alertness till the end, we must never lower our guard regarding epidemic prevention,” President Moon Jae-In said on Sunday.

New Zealand, which had success in fighting infection with one of the toughest and earliest lockdowns, said it would open malls, cafes, and cinemas this week.

“The upshot is that in 10 days’ time we will have reopened most businesses in New Zealand, and sooner than many other countries around the world,” Prime Minister Jacinda Ardern told a news conference. “But that fits with our plan – go hard, go early – so we can get our economy moving again sooner.”

But some of the countries and territories that were taking steps to open up their economies were acting without yet reporting sustained falls in the spread.

India, which has locked down its population of 1.3 billion people since March, reported a record daily rise in cases. But it said it would begin to restart passenger railway services, with 15 special trains, from Tuesday.

Russia, where the death toll is still comparatively low but the caseload surging, overtook Italy and Britain to report the highest number of cases after the United States and Spain.

In the United States, where unemployment figures released last week were the worst since the Great Depression, President Donald Trump has been trying to shift the emphasis towards reopening the economy. Many states have begun loosening restrictions even though cases continue to rise.

While economies around the world are facing the worst contraction in living memory, stock markets have surged since the start of April, fuelled by unprecedented injections of cash from central banks. That has created unease that financial markets are out of whack with the economies they reflect.

There were signs of a shift in sentiment on Monday, with stock markets giving up their early gains.

“Since late March there has been an extraordinary divergence between the real economy and financial risk, with the latter helped by unprecedented policy accommodation,” said Alan Ruskin, head of G10 foreign exchange trading at Deutsche Bank.

(Reporting by Reuters bureaux, Writing by Peter Graff, Editing by Timothy Heritage)

Latest on the worldwide spread of the new coronavirus – 5-7-20

(Reuters) – More than 3.79 million people have been reported to be infected by the novel coronavirus globally and 263,682 have died, according to a Reuters tally as of 1427 GMT on Thursday.

DEATHS AND INFECTIONS

* For an interactive graphic tracking the global spread, open https://tmsnrt.rs/3aIRuz7 in an external browser.

* For a U.S.-focused tracker with state-by-state and county map, open https://tmsnrt.rs/2w7hX9T in an external browser.

EUROPE

* Russia’s cases overtook France and Germany to become the fifth-highest number in the world after a record daily rise. Moscow’s mayor said the real number of cases in the capital was more than triple the official, TASS news agency reported.

* Restrictions in Moscow have been extended until May 31, said Mayor Sergei Sobyanin.

* Black people and men of Bangladeshi and Pakistani origin are nearly twice as likely to die from COVID-19 than whites, even when adjusting data for deprivation, a British report said.

* Poland plans to test 1,000 miners a day at drive-through sites as data show rapid growth in new cases in the coal region.

* German officials warned the crisis is far from over despite the country slowly reopening its economy.

* After standing empty for two months, Greece’s ancient sites, including the Acropolis hill, will reopen to visitors on May 18, authorities said.

* A European coalition is forming around an approach to using smartphone technology to trace infections that, its backers hope, could help to reopen borders without unleashing a second wave.

AMERICAS

* The first immigrant in U.S. detention has died of the coronavirus, local health authorities said as infections steadily climbed among the country’s around 30,000 immigrant detainees.

* Indigenous groups from nine countries in the Amazon basin called for donations to help protect 3 million rainforest inhabitants, vulnerable because they lack adequate access to healthcare.

* Brazil, one of the world’s emerging hot spots, registered a record number of cases and deaths on Wednesday, prompting the health minister to flag the possibility of strict lockdowns in hard-hit areas. President Bolsonaro’s spokesman has tested positive and is quarantined in his home.

* Argentine President Alberto Fernandez is rising in the polls on approval of his handling of the response, as he faces off against creditors with a major debt revamp.

* Colombia has removed the contact-tracing feature in its official coronavirus app after experiencing glitches, but aims to rebuild it using potentially more reliable technology.

* At least 47 residents and three workers have been infected at a retirement home in Mexico, in one of the biggest outbreaks yet reported in the country.

* A war of words broke out between Costa Rica and El Salvador after the Salvadoran president accused the other country of massaging statistics by deliberately carrying out fewer tests.

* El Salvador said it would from Thursday temporarily suspend public transport.

ASIA-PACIFIC

* China said it supports the WHO in trying to pinpoint the origins of the pandemic and accused the U.S. Secretary of State of lying in his attacks on Beijing.

* Japan has approved Gilead’s remdesivir as a treatment for COVID-19, the health ministry said, making it the country’s first officially authorized drug for the disease.

* Cases in India rose past 50,000 on Thursday, with the pace of new infections showing no signs of abating despite a strict weeks-long lockdown.

* India will roll out a version of its coronavirus contact-tracing application that can run on Reliance Jio’s cheap phones, as it looks to widen use.

MIDDLE EAST AND AFRICA

* Iran is scrambling to buy millions of tonnes of grains to shore up reserves, officials and traders said, despite the president’s assertions that the coronavirus would not endanger food supplies.

* Pakistan’s lockdown will be lifted on Saturday, its prime minister said, despite the number of cases still accelerating.

* The head of the Africa Centres for Disease Control and Prevention rejected the Tanzanian president’s assertion that tests it supplied are faulty.

* Saudi Arabia has formed a police unit to monitor violations of rules banning gatherings, state news agency SPA said.

ECONOMIC FALLOUT

* World shares largely shook off data on Thursday showing millions more Americans sought unemployment benefits, with sentiment sustained by stronger than expected Chinese exports. [MKTS/GLOB]

* The IMF has approved 50 requests for emergency aid for a total of about $18 billion, and is continuing to work quickly through remaining requests, IMF spokesman Gerry Rice said.

* Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen.

* The Bank of England said Britain could be headed for its biggest economic slump in over 300 years and kept the door open for more stimulus next month.

* Sweden will not provide state aid to companies paying dividends to shareholders and could claw back funds from recipients that have already done so, the agency charged with disbursing the emergency support said.

* Border controls, lockdowns and flight shortages are making illegal drugs more expensive and difficult to obtain around the world, the United Nations Office on Drugs and Crime said in a report published on Thursday.

(Compiled by Sarah Morland; Editing by Tomasz Janowski)