Virus deaths approach 400,000 as oil producers extend output cuts
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by AFP bureaus
The global death toll from the coronavirus neared 400,000 on Saturday with fatalities accelerating in Latin America, as oil-producing countries agreed to extend output cuts to offset a collapse in prices caused by the pandemic and lockdowns.
Brazil has the world’s third-highest death toll but President Jair Bolsonaro has threatened to pull out of the World Health Organization (WHO) over “ideological bias”, following the example of the United States.
Bolsonaro is among those arguing that the economic damage lockdowns are causing is worse than the virus itself — and the oil industry has been hit particularly hard.
The cartel of oil-producing nations OPEC agreed on Saturday to extend an April deal to cut production through July, aiming to foster a recovery in oil prices after they were pummelled by slumps in demand caused by virus restrictions.
National governments are also increasingly focused on repairing the economic damage — even hard-hit European countries are now opening their borders and allowing people to return to work.
However, the search for a treatment for the virus still appears a long way from success.
Late on Friday, a study from Oxford University based on clinical trials concluded that hydroxychloroquine — a malaria drug championed as a treatment by Bolsonaro and US President Donald Trump — showed “no beneficial effect” in treating COVID-19.
The new coronavirus has killed more than 397,000 people and infected 6.8 million globally, the worst health crisis in more than a century that has tipped the global economy into a crushing downturn and forced tens of millions out of work in the United States alone.
The US is the world’s hardest-hit nation, with over 109,000 dead and nearly 1.9 million infections.
However, Trump said the economy was bouncing back.
“We had the greatest economy in the history of the world. And that strength let us get through this horrible pandemic, largely through, I think we’re doing really well,” he told reporters.
Trump, who is facing re-election in November, reiterated his calls to further ease stay-at-home measures, after surprisingly upbeat employment numbers showed the country gained 2.5 million jobs in May.
In a sign of a slow return to normality in the US, Universal Orlando became the first of the giant theme parks in Florida to reopen — albeit with temperature tests at the entrance and mandatory face masks.
The South Pacific island of French Polynesia also said it would reopen to international travel next month to try to salvage its vital tourism industry.
“We are no longer in a health emergency, but we are facing an economic and social emergency,” said Tourism and Employment Minister Nicole Bouteau. (AFP)
