Here are the latest developments in the global coronavirus crisis: – British charity reports 'unprecedented education emergency' – Major global firms to borrow $1 trillion amid coronavirus – Full coronavirus vaccine 'unlikely' by 2021 For more details:
Students wearing protective face masks practice keeping a one metre distance as they attend lesson at Vidyakara college in Colombo, Sri Lanka on July 6, 2020. The coronavirus pandemic has caused an "unprecedented education emergency" with some 10 million children affected by school closures at risk of never going back to class, Save the Children has warned.
With many young people required to work or girls forced into early marriage to support their families, this could see between seven and 9.7 million children dropping out of school permanently.Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.
"Coronavirus has changed everything," said Seth Meyer, a portfolio manager at Janus Henderson, the firm that compiled the analysis for a new corporate debt index. Full coronavirus vaccine unlikely by next year While we would probably have one that worked partially, we were very far from the end of the crisis, he said.
Stage 3 will allow "most remaining workplaces and community spaces" to reopen, according to the province's website, although "large public gatherings will continue to be restricted."
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