COVID-19: The latest coronavirus developments from throughout the world - Wednesday, July 1

A global trial designed to test whether the anti-malaria drugs hydroxychloroquine and chloroquine can prevent infection with COVID-19 is to restart after being approved by UK regulators.

The number of confirmed cases of COVID-19, the respiratory disease caused by the new coronavirus, is approaching 10.4 million. According to Johns Hopkins University, more than 507,000 people have died.

Here's the latest from throughout the world overnight.

Europe

  • Bavaria approved plans for universal testing, prompting debate elsewhere in Germany about whether to follow suit or stick with a targeted approach to prevent a second wave of infections
  • Prime Minister Boris Johnson promised to fast-track 5 billion pounds of infrastructure investment to spur the UK's economy and to "build, build, build" out of the crisis
  • The UK has imposed a stringent lockdown on the English city of Leicester after a local flare-up of the virus
  • China has halted almost all imports of pork from the Netherlands, apparently motivated by COVID-19 outbreaks at some of the largest Dutch slaughterhouses.

Americas

  • US senators called for a Government analysis of foreign influence in the US pharmaceutical supply chain, saying the pandemic has exposed an over-reliance on China and other countries for the production of essential drugs
  • California and Texas saw record spikes in new infections on Monday (local time), and LA reported an "alarming" one-day surge that put it over 100,000 cases
  • Canada is over the worst of the outbreak, but a spike in cases in the US and elsewhere shows Canadians must remain vigilant, Prime Minister Justin Trudeau said.
Trudeau.
Trudeau. Photo credit: Getty

Asia-Pacific

  • Authorities on Tuesday ordered the lockdown of 36 suburbs in Australia's second biggest city Melbourne in an attempt to stop a spike in coronavirus cases, a dramatic departure from the relaxation of restrictions elsewhere in the country
  • A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential "pandemic virus", a study said, although experts said there is no imminent threat
  • Indonesia reported on Tuesday (local time) its biggest rise in deaths with 71 new fatalities, taking the total to 2876
  • Uzbekistan has imposed an overnight curfew in parts of the country, including the capital Tashkent, in response to a fresh rise in infections following the gradual lifting of a two-month lockdown.

Middle East and Africa

  • The UN pushed Governments at a virtual conference for nearly $10 billion in aid for Syria, where nine years of war has displaced millions in a humanitarian crisis exacerbated by soaring food prices and the coronavirus crisis
  • Nigeria will allow travel between its states outside curfew hours from July 1
  • Senegalese President on Monday said he had decided to lift a state of emergency to support the struggling economy.
UN headquarters.
UN headquarters. Photo credit: Getty

Medical developments

  • Inovio Pharmaceuticals Inc said its experimental vaccine induced immune responses in healthy volunteers and was shown to be safe in an early-stage trial
  • The US Food and Drug Administration plans to outline on Tuesday (local time) its conditions for approving a vaccine, the Wall Street Journal reported
  • Bharat Biotech's COVID-19 vaccine became the first domestic candidate to win approval for human trials
  • Gilead Sciences Inc priced its COVID-19 antiviral drug remdesivir at NZ$3650 per patient for wealthier nations.
COVID-19: The latest coronavirus developments from throughout the world - Wednesday, July 1
Photo credit: Getty

Economic fallout

  • European shares rose on Tuesday, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of second-half economic recovery
  • Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data provider Refinitiv
  • The Canadian economy contracted by a record 11.6 percent in April as the country shutdown, Statistics Canada said
  • Hong Kong's retail sales fell 32.8 percent in May from a year earlier, as the coronavirus outbreak kept tourists away and sent many retailers to the brink of collapse.

Reuters / Newshub.

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