What You Need To Know Today About The Coronavirus Outbreak, As US Intelligence Agencies Deny The Virus Is “Man-made” or “Genetically Modified”.
The world’s economic pain was on full display Thursday with new bleak evidence from Europe and the United States of the mounting devastation wrought on jobs and economies by coronavirus lockdown measures. The European economy shrank a record 3.8% in the first quarter as lockdowns turned cities into ghost towns and plunged nations into recession. The drop was the biggest since eurozone statistics began in 1995 and compares with a 4.8% contraction in the United States. WHAT’S HAPPENING TODAY: — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s. — U.S. intelligence agencies have concluded that the new coronavirus was “not manmade or genetically modified” but say they are still examining whether the origins of the pandemic trace to contact with infected animals or an accident at a Chinese lab. — Americans are grappling with an essential question as t...