Australia’s Virus Hotspot State Records Just One New Case
In this article
We’re tracking the latest on the coronavirus outbreak and the global response.Sign up here for our daily newsletter on what you need to know.
Victoria, the state at the center of Australia’s coronavirus outbreak, has recorded just one new case overnight and no deaths, raising pressure on authorities to ease lockdown restrictions.
The 5 million residents of the state capital, Melbourne, remain under stay-at-home orders until the rolling 14-day average drops below 5 new cases and there are fewer than five cases with an unknown source. Critics, including the federal health minister, say the target is too onerous, and that the prolonged lockdown is risking people’s mental health and weighing on the national economy.
State Premier Daniel Andrews is due to address the media on Sunday and is being urged to ease restrictions. Prime Minister Scott Morrison again weighed into the issue on Friday.
63,610 in U.S.Most new cases today
+1% Change in MSCI World Index of global stocks since Wuhan lockdown, Jan. 23
-0.9885 Change in U.S. treasury bond yield since Wuhan lockdown, Jan. 23
5.3% Global GDP Tracker (annualized), Aug.