RIYADH: World leaders on Thursday promised US$5 trillion to stave off global economic collapse from the coronavirus pandemic that has killed 21,000 people and shut down huge swathes of the globe.
They also pledged"robust" support for developing nations, where it is feared coronavirus could next take hold after ravaging China and then Europe. In a sign of the economic impact, some 3.3 million people in the US filed unemployment claims last week - the highest number ever recorded. "I'm not going to do anything rash or hastily," he said, adding that he hoped for a recommendation by Easter.The global lockdown - which also hemmed in India's huge population this week - tightened further on Thursday as Russia announced it was grounding all international flights, while Moscow's mayor ordered the closure of cafes, shops and parks.
The impact of the virus has stretched well beyond frontline health workers, with billions trapped in their homes and facing what experts say could be lasting psychological harm.
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