China to Lift Wuhan Lockdown; Olympics Near Delay: Virus Update

China plans to lift lockdown measures in Wuhan, the city subjected to a mass quarantine since the start of the coronavirus outbreak. The easing comes as containment efforts increased elsewhere, with nations from the U.K. to South Africa implementing stay-at-home policies.

President Donald Trump said the U.S. economy can’t remain slowed for too long. Financial markets rebounded after the Federal Reserve unveiled unprecedented measures, taking action as Congress continued to argue over stimulus.

The Olympics moved closer to postponement. German Chancellor Angela Merkel’s first coronavirus test came back negative.

Key Developments:

  • Cases top 381,000, 16,500 dead and 101,000 recovered: Johns Hopkins tally
  • Stocks climb from lowest since 2016
  • Trump says U.S. isn’t ‘built to be shut down’ over virus
  • ‘Extraordinary’ drop in flights as virus catches up
  • IOC member says Olympics will be postponed

Source: https://www.bloomberg.com/news/articles/2020-03-23/u-k-in-lockdown-trump-wants-u-s-reopened-soon-virus-update

 

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