Global FDIs to plunge by 40% due to Covid-19, says UN

En.wikipedia.org

United States, Russia, Brazil, India and UK continue to report a large number of Covid-19 cases though the US saw lesser deaths caused by the coronavirus. Governments across the world reopen their cities while the threat of Covid-19 second wave looms.

United States, Brazil and Russia continue to report high numbers of fresh coronavirus cases. The number of Covid-19 deaths recorded daily have decreased in the last two days but Brazil and Russia continue to report high numbers of Covid-19 deaths as well as cases. Brazil’s coronavirus cases inch towards 8.9 lakhs with over 43,000 people dead. The Latin American region has already surpassed 80,000 deaths.

The speed of reopening of cities and business centres across the world has caused worry among health experts who fear a second wave of Covid-19. Beijing has imposed restrictions across several parts of the city to curb a second wave. New Zealand reported two fresh cases of Covid-19. In India, PM Modi will meet CMs from worst-affected states to draw a plan to defeat the pandemic.

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