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The Trump administration’s tariffs on imported medical equipment, particularly from China, have added to the struggle in the U.S.’s fight against the coronavirus outbreak. International: Top News And Analysis
Oil prices moved higher on Thursday as some of the world’s largest producers prepare to hold a meeting on oil production policy. International: Top News And Analysis
Gates predicted things won’t “go back to truly normal until we have a vaccine that we’ve gotten out to basically the entire world.” International: Top News And Analysis
The sharp economic downturn caused by the coronavirus pandemic will be followed by a rebound — but it will take around two years. International: Top News And Analysis
This is CNBC’s 24-hour blog covering all the latest news on the coronavirus outbreak. International: Top News And Analysis
The U.K. government has appealed for 250,000 “people in good health” to help its NHS cope with the coronavirus outbreak, as final year medical students and student nurses were told they would be moved to…
U.K. Finance Minister Rishi Sunak announced the government would pay 80% of wages for employees who are unable to work — up to 2,500 pounds a month. International: Top News And Analysis
Boris Johnson, the prime minister of the U.K., said that people should start working from home “where they possibly can.” International: Top News And Analysis
Lagarde suggested that the coronavirus is likely to keep spreading, despite President Donald Trump’s travel ban on some European nations. International: Top News And Analysis
The news is a sudden U-turn from previous attempts to support the oil market as the new coronavirus hammers global demand. International: Top News And Analysis