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US passes 2000 deaths a day as hospitals fill
Nov 25, 2020 2 mins, 1 sec

News that three vaccines are poised to be widely available early next year is not expected to stop central bankers from keep monetary policy easy for some time yet, Capital Economics' Jennifer McKeown said.

Still, GDP now looks set to fall anew in the Euro zone, the UK, and some central and Eastern European economies, and the outlook is darkening by the day in the US, she argued.

Several central bankers have expressed this view, including ECB president Christine Lagarde, Ms McKeown said.

Testing activity has fallen in both countries, but the hospitalisation data indicate that a substantial part of the reported drop in cases is real.

UK cases are now falling rapidly, ahead of the end of the national lockdown on December 2. PA.

The sharp drop in cases in the Netherlands through the first two weeks of November appears to have stalled, though most of the new cases over the past week were among high school children, with all older age groups reporting a decline.

"UK cases are now falling rapidly, ahead of the end of the national lockdown on December 2.

"New cases in Eastern Europe are now about flat in most countries, though the Czech Republic and Slovakia are seeing clear declines, while Serbia is still recording very rapid increases.

Vaccines will not check central bankers yet; the US has passed 2000 deaths a day and hospitals are full while another 778,000 Americans filed for unemployment.

He avoided a sharp loss and reaped a stunning gain by selling and then buying the same stock: Cardlytics, an Atlanta-based financial technology company on whose board of directors he once served.

On January 23, as word spread through Congress that the coronavirus posed a major economic and public health threat, Perdue sold off $US1 million to $US5 million in Cardlytics stock at $US86 a share before it plunged, according to congressional disclosures.

But legal experts say the timing of his sale, the fact that he quickly bought Cardlytics stock back when it had lost two-thirds of its market value and his close ties to company officials all warrant scrutiny.

The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the US economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.

Vaccines will not check central bankers yet; the US has passed 2000 deaths a day and hospitals are full while another 778,000 Americans filed for unemployment

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