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Latest on the coronavirus: Global cases near 1.5 million

The number of confirmed coronavirus cases worldwide reached roughly 1.5 million on April 9 as the pandemic swept across the globe.

Johns Hopkins University's website showed over 88,538 people have died from the virus. The total number of people recovered from COVID-19 neared 330,000 according to the data.

Europe

Turkish FM, counterparts discuss virus via video link

Turkey's foreign minister discussed on April 7 the fight against coronavirus pandemic with 11 of his counterparts.

Mevlüt Çavuşoğlu said on Twitter that he held the fourth teleconference meeting with his counterparts from Canada, Australia, Brazil, France, Germany, Indonesia, Morocco, Peru, Singapore, South Africa, and the U.K.

Markets, member-states eagerly await comprehensive EU crisis plan from Eurogroup

Markets and all EU member-states, especially those in Southern Europe which like Greece seek some form of mutualisation of debt have been  focusing like a laser beam on today's Eurogroup meeting and analysts expect joint action to help prop up the economies of member states - possibly including even so-called coronabonds.

Unified European crisis management needed

The disastrous impact of the Covid-19 pandemic is pushing Europe towards an existential crossroads. In defining the measures to respond to the crisis, two opposite blocks are forming: the front of the southern countries ("South") with larger public debts and weaker economic growth and the one of the northern countries ("North") with accounts in order and significantly lower debt-to-GDP ratios.

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