(Bloomberg) — Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases, said the start of a turnaround in the fight against the virus could come after this week, as President Donald Trump’s top health advisers develop medical criteria for reopening the U.S. economy.The U.K. and Belgium had their deadliest day of the outbreak so far, and Spain reported fatalities and new cases rising to the highest in four days. U.K. Prime Minister Boris Johnson is stable and responding to treatment at a London hospital.U.S. Democrats are seeking at least $500 billion in the next stimulus bill, and Hong Kong announced a fresh package valued at about $18 billion. European Union finance ministers failed to agree on a $543 billion recovery plan for the bloc.The World Health Organization cautioned countries against lowering their guards.Key Developments:Global cases top 1.4 million; deaths pass 86,000: Johns HopkinsTrump team prepares plans to reopen economy that depend on testingWuhan sees mass exodus after China eases lockdownTesla will reduce employees’ salaries as much as 30% starting MondayU.S. recession model at 100% confirms downturn is already hereOhio Cuts Peak Estimate to 1,600 New Cases (3:10 p.m. NY)The Ohio Department of Health Wednesday issued new analysis reducing the statistical expectations of the virus’s impact to as few as 1,600 new cases-per-day at a peak expected in mid-April. That’s down from 10,000 new cases-per-day.Officials said this means social distancing orders, including a shelter-in-place order that led to hundreds of thousands losing their jobs, is helping to slow the virus’s spread and keeping the health-care system from being overwhelmed.“Don’t stop doing what you’re doing, that’s what these models are showing,” Ohio Department of Health Director Amy Acton said during a Wednesday press conference in Columbus. “You have squashed this and you have stretched this.”N.J. Has Record New …read more
Source:: Yahoo News
