India's National Disaster Response Force personnel evacuate villagers ahead of cyclone Amphan in Bhadrak district of India's eastern state of Odisha, May 19, 2020. (Str/Xinhua)
- India reports the highest daily spike of 6,654 new COVID-19 cases
- Brazil climbs to second in COVID-19 cases worldwide
- COVID-19 worsens pre-existing financial vulnerabilities: IMF
BEIJING, May 23 (Xinhua) -- The following are the updates on the global fight against the COVID-19 pandemic.
NEW DELHI -- India's federal health ministry Saturday morning reported 137 coronavirus-related deaths and 6,654 more positive cases since Friday in the country, taking the number of deaths to 3,720 and total cases to 125,101.
This is the highest one day spike in COVID-19 cases so far in the country, showed the data.
A grafitti of Brazilian soccer star Marta Vieira da Silva receives a face mask as an attempt to raise awareness to contain the spread of COVID-19 in Sao Paulo, Brazil, on May 21, 2020. (Xinhua/Rahel Patrasso)
RIO DE JANEIRO -- Brazil registered a record number of new COVID-19 cases in the last 24 hours, with 20,803 cases reported, and exceeded 1,000 deaths in one day for the third time, the government said on Friday.
According to the Ministry of Health, the total number of confirmed cases rose to 330,890, while deaths in the country rose to 21,048 with a daily increase of 1,001, which put the fatality rate at 6.4 percent.
The International Monetary Fund (IMF) Headquarters is seen in Washington D.C., the United States, April 13, 2020. (Xinhua/Liu Jie)
WASHINGTON -- The International Monetary Fund (IMF) said Friday that pandemic-triggered economic crisis is "exposing and worsening financial vulnerabilities" that have built up during the past decade, warning of more instability and a new financial crisis.
After a decade of "extremely low rates and volatility," there are three potential weak spots in the global financial system: risky segments in global credit markets, emerging markets, and banks, two IMF officials wrote in a blog.■