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COVID-19: What you need to know about the coronavirus pandemic on 27 August

World Economic Forum.
A Saudi trader wears a mask as he monitors stock information at the Saudi stock market in Riyadh, Saudi Arabia August 25, 2020. REUTERS/Ahmed Yosri     TPX IMAGES OF THE DAY - RC2ZKI9ZVQ2W
A new Reuters poll looks at what’s next for the stock market.Image: REUTERS/Ahmed Yosri
  • This daily round-up brings you a selection of the latest news updates on the COVID-19 pandemic, as well as tips and tools to help you stay informed and protected.
  • Top stories: India reports record daily rise; South Korea urges work from home; global stock market performance.

1. How COVID-19 is affecting the globe

Confirmed cases of COVID-19 have now reached more than 24.1 million globally, according to the Johns Hopkins Coronavirus Resource Center. The number of confirmed coronavirus deaths now stands at more than 825,000.

India has reported a record daily rise in coronavirus infections of 75,760 cases, bringing the total number of confirmed cases to 3.31 million.

Global stock markets are set to close 2020 below pre-pandemic highs, according to Reuters polls of market experts. The outlook comes on the back of strong gains in stock markets since March.

stock market outlook reuters poll

2. Cases rise in South Korea

The country reported 441 new cases as of Wednesday – the highest number of daily infections since early March.

Authorities are warning about the possibility of clusters in densely-staffed workspaces.

“Please carry out thorough checks of risk factors at workplaces, where the work environment is especially vulnerable to infection, such as call centres and logistics warehouses,” said Health Minister Park Neung-hoo.

“To reduce transmission within workplaces, please reduce the number of staff through flexible work hours, work from home and working staggered hours.”

3. ‘Strong health systems a matter of national security’ – Ethiopian PM

Ethiopian Prime Minister Abiy Ahmed Ali has called for stronger health systems as the continent continues to grapple with the global pandemic.

Speaking at the 70th session of the World Health Organization’s Regional Committee for Africa, attended by Ministers of Health and officials from 47 Member States, Prime Minister Abiy said:

“This virus has not only affected our health, but also tested our way of living, societal norms and economies at large. In Africa we quickly felt the impact of the pandemic due to our weak health systems coupled with the highest disease burden in the world.

“COVID-19 has taught as that strong health systems are a matter of national security and survival.”

The continent has recorded more than 1.1 million cases of COVID-19 since February and African governments have reinforced response measures, such as enhanced surveillance, detection and movement restrictions.

A WHO progress assessment found Member States in the region have gaps in different capacities, with the most acute seen in poor physical and financial access to services, and low resilience of health systems.

Dr Matshidiso Moeti, WHO Regional Director for Africa, said: “The coronavirus pandemic has proven once again the importance of investing in health systems, enhancing equitable access to care and improving readiness to prevent and control outbreaks.

“Recovering from this pandemic will be incomplete without strong measures to bolster health systems. We must seize the opportunity and make the leap for a better tomorrow.”

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Elias Hakizimana

Elias Hakizimana, CEO&Founder of The Inspirer Ltd,(www.rwandainspirer.com) is a professional Rwandan Journalist with Bachelor’s Degree in Journalism and Communication, received from University of Rwanda’s College of Arts and Social Sciences (CASS) in 2014. He served various media houses in Rwanda including Rwanda Broadcasting Agency (RBA) in 2013 and became passionate with English Online and Print Media Publications where he exercised his talent as a Freelance News Reporter for The New Times, The Independent, The Rwanda Focus, Panorama and more before he became a Self-Entrepreneur as the CEO and Founder of The Inspirer Limited in early 2017.

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