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Italy shuts schools as global coronavirus battle intensifies
14 Sept 09:50 Key points summarised by AI
- Italy, Europe's coronavirus hotspot, shut all schools and universities nationwide and banned fan attendance at sports events to curb the escalating spread of the deadly disease.
- The global battle intensified as Germany declared the outbreak a 'global pandemic,' with over 90,000 infections and 3,200 deaths across 81 countries, including 107 fatalities in Italy alone.
- Governments worldwide escalated prevention efforts, implementing travel restrictions, school closures in Iran, and significant funding in the US, while the WHO warned of critical shortages and price surges for protective medical equipment.
- The economic impact deepened, with the IMF identifying the epidemic as a 'serious threat' that would slow global growth and potentially push countries into recession, contributing to market instability and widespread panic buying.
