The total number of coronavirus confirmed cases recorded worldwide has reached 8,011,763 cases so far, as the pandemic's rate of infection still continues to accelerate.
A million more cases have been detected in just the last four days.
More than half of coronavirus cases worldwide have been registered in the United States and in Latin America and the Caribbean region.
The United States is the worst-hit country with 4,657,693 cases including 154,793 deaths, followed by Brazil, with 2,733,677 cases and 94,104 deaths.
The third worst-hit country is India, with 1,750,723 cases and 37,364 deaths.
Coronavirus changes the world
On the other hand, the United Nation has issued a report draws a dreadful image of the world economy.
The report warns of precedent rates of unemployment and poverty in the world during the period to come as an expected fallout of the Coronavirus which threatens the planet now.
The deadly virus ( known also as the COVID-19) has infected more than 18 million people in the world so far.
The UN report on April indicated that about 195 million persons will lose jobs due to the Coronavirus.
This leads to more poverty and other social problems in the world.
Experts of the UN stressed that economic crisis related to the COVID-19 pushes the world economy towards depression like the great Depression that hit the world economy in the end of the 30’s of 20th century.
The report added that the small and medium-sized firms, farmers, refugees, immigrants are the most vulnerable categories which inflicted by the impacts of the Coronavirus.
The economists warn that the world is about to enter into a new passive depression over the period to come.
The envisioned slump will be the most dangerous since the 1930s.
Many governments across the globe have ordered their national companies to suspend their activities and instructed their peoples to stay at home.
Despite the sinister expectations, the experts affirm that the depression may hold for a short period.
Economists at the Stanley Morgan Bank forecast the slump will run for short range. But they point out that economies of the developed nations will return to the previous levels of growth by the third quarter of the next year.
However, the International Labor Organization (ILO) has warned that the Coronavirus would leave about one billion at the age of work, without jobs in all parts of the planet.
The organization released a statement said that those who will not lose their jobs may suffer from reducing wages.
Restaurants, hotels, retail and various industries are the most vulnerable sectors in the world economy.
Those sectors were hurt excessively due to the deadly virus which was ranked by the World Health Organization on March 10, as pandemic.
The ILO urges the governments to offer immediate aids to the employees and companies to protect the workforce against either dismal or shut down.
The statement of the ILO expected that work hours in the world will be reduced by 6.7% throughout the second quarter of the current year.
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), warned that the world economy stopped. She added that the current depression is worser than the other of 2008-2009.
Follow the latest news on Google News
