WASHINGTON: Death toll in United States recorded 1,150 coronavirus in 24 hours, Johns Hopkins University said, pushing the country’s toll further above the 10,000 mark reached earlier in the day.
According to Johns Hopkins University‘s running tally, there are more than 366,000 cases of new coronavirus in the United States — including in excess of 30,000 new cases in 24 hours — with total deaths at 10,783.
The US has by far the most number of confirmed coronavirus cases in the world. The number of deaths recorded since the start of the pandemic has for the past several days increased by at least 1,000 per day and is gradually approaching the number of deaths in Italy (16,523) and Spain (13,005).
The number of known cases around the world nears 1.3 million as the global number confirmed to have died hits 74,744, according to data collected by Johns Hopkins University. In all, 277,311 people are confirmed to have recovered after contracting the virus.
US President Donald Trump said Monday he was satisfied with a program announced by the Federal Reserve to help facilitate the government´s massive lending program for small businesses devastated by the coronavirus shutdowns.
“It’s really been performing well,” the president said during his daily coronavirus press briefing.
“As of today, tens of thousands of small businesses applied for more than $40 billion in relief,” he said, noting that the funds will “result in nearly two million jobs being preserved.”
But Trump was not able to specify how much had already been paid out to businesses.
The program offers $350 billion in government-guaranteed financing through private lenders, which will be forgiven if businesses ranging from shops to restaurants use the funds largely to pay their workers.
The program, part of the $2.2 trillion rescue package approved in late March, was rushed out by the Treasury and the Small Business Administration last week.
Banks complained that they did not receive detailed guidance on how to manage the process while borrowers were left in limbo.
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