In recent weeks, Singapore has seen cases spike, with a record daily high of 287 cases reported last week.
The number of new cases in mainland China ticked up again, past the 100-mark. The National Health Commission said the country had 108 new confirmed cases, with 98 attributed to travelers from overseas.
It said there were two more deaths in the country. That brings the country's total to 82,160 confirmed cases, and 3,341 fatalities. Many recent cases have been attributed to outbreaks at several dormitories housing foreign workers. The country started shutting down schools, offices and shops last week. Those closures will last till the first week of May. —Kia Motors told its labor union that it wants to suspend operations at three of its factories in South Korea as the outbreak hits exports to Europe and the U.S., Reuters reported, citing a union official.
"This isn't the same story as the Great Depression. The Great Depression lasted ten years. They didn't have an unemployment rate under 12% until the decade was over," the Yale University professor told CNBC's "
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