Coronavirus Live News: United States approaches 10 million cases as global infections surpass 50 million | World news



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00:20

The UK economy is on the verge of a pre-Christmas crisis with further job losses and store closings, despite government measures to protect businesses during the latest Covid-19 restrictions.

Business activity surveys show steep decline as tough new restrictions were launched across the UK amid coronavirus wave second, setting the stage for a tough winter ahead as the economy plunges in the reverse.

While the damage to many industries will be less severe than in the first lockdown, accounting firm BDO said business and production confidence measures fell in October for the first time since April:





23:52

October has been the worst month for the pandemic so far

A Reuters tally calculated that October was the worst month in the coronavirus pandemic yet, its second wave in the past 30 days accounting for a quarter of all cases.

The last month saw the virus spread at a rapid pace: while it took 32 days for cases to drop from 30 million to 40 million, it took just 21 days to add another 10 million .

This grim milestone followed the United States’ reporting of more than 100,000 new cases over four consecutive days. The country broke its own record for almost daily cases in almost every day last week.

Europe has also contributed significantly to the global surge in cases. The region has reported around 12 million infections, making it the worst-hit region, overtaking Latin America. It also accounts for nearly a quarter (24%) of deaths from coronaviruses.

A Reuters analysis has shown that the number of new coronavirus cases in Europe is increasing by around one million every three days:





23:41

The economic fallout from Covid-19 makes the prospect of a third world war a ‘risk’





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