March 31, 2020: G20 leaders are pledged to do “Whatever it takes to curb the effects of COVID-19” and the social and economical demise of the world amid the coronavirus outbreak. In a large approach to curb the effects of the pandemic the world comes freely after a video conference call.
In a two hours long summit the leaders exchanged their thoughts to fill the gaps in the coronavirus outbreak preparedness and get more funding for research and vaccine development, G20 had earlier shown interest in this area.
Prime G20 leaders are conference earlier today and the result of that which Donald Trump is talking about now at the briefing at the White House is a pledge of $5 trillion by these countries to help shore up business that are affected by the global pandemic.
Much of this would go through the IMF of the world bank. A press release that was put up by the G20 just a few moments ago says that this money will go to protect workers and businesses especially micro small and medium sized businesses and the sectors most affected and to shield the warner ball through addiquetee social protection.
It is a pretargeted psycho policy economic measures in quarantine schemes to corner the social, economic and financial impacts of the pandemic. So, no small figure is coming out to the G20 summit 2020 on the coronavirus outbreak while we are right in the middle of the global pandemic but putting the financial fire power of these countries through the various international organizations, trying to get more money by the hands of the business around the world.
Top Headlines of The Day:
- The total number of coronavirus affected people around the world spike to 785,807.
- The US is now the epicenter of the pandemic with 164,253 confirmed cases.
- Market on the worst low, trading stopped for 45 minutes.
- The World Bankisses warning over China’s growth as the death toll in the US reaches 3,000.
- There will be an immunity passport to boost the return to work after COVID-19.
Though the US and China continue to have a battle over the origin of the coronavirus outbreak in response to US-China standoff after the US President said COVID-19 as ‘Chinese Virus’.
