After the US, Europe is sinking into the recession due to the coronavirus, which is advancing inexorably


After the United States, the euro Europe announced on Friday a strong contraction of its economy (-12.1%) and its recession, while the virus remains inexorable in Latin America, where Mexico surpassed the United Kingdom in the number of deaths and Countries such as Vietnam or the Fiji islands register their first deaths. In the face of a pandemic that seems unstoppable and an increasing human balance, especially in Latin America, the Emergency Committee of the World Health Organization (WHO) meets again on Friday, six months after the world alert was enacted. World economic statistics are staggering. In the second quarter, the euro zone recorded a historical collapse of 12.1% of its Gross Domestic Product (GDP), as a result of the containment measures, the European Statistics Office announced on Friday, Germany and France, the first and second economies of the eurozone, suffered record falls – 10.4% and 13.8%, respectively – in the second quarter. In Spain, the setback was 18.5%, leading the fourth economy in the euro zone to recession, after two consecutive quarters of falls in GDP. Tourism, one of the pillars of the Spanish economy (12% of GDP), registers a 60% decrease in its income compared to the same period in 2019. In the United States, the confinement caused the GDP to sink by 32.9% during the same period. This second quarterly decline officially pushed the world’s first economy into recession. Large companies worldwide reported million-dollar losses in the second quarter due to the pandemic, including the Brazilian oil company Petrobras, the Spanish telecommunications group Telefónica or the conglomerate. Belgian-Brazilian beer AB InBev. Meanwhile, the human balance increases. The number of infections in the world now exceeds 17 million and almost 674,000 deaths since the appearance of the virus in China at the end of last year. The two countries with the highest human cost in the world are still the United States, with 152,070 deaths and more of four million infected, and Brazil, with 91,263 deaths and more than 2.5 million cases. In Florida, one of the American states where the epidemic advances unstoppably, the inhabitants are now facing the arrival of Hurricane Isaías. The Fiji Islands each announced their first coronavirus deaths on Friday, and the United Kingdom, which has 45,999 coronavirus deaths and 302,301 infected, announced on Friday that it is postponing lack of confidence due to the increase in new cases. Hong Kong also announced on Friday that it was postponing its legislative elections, scheduled for September, due to a rebound in the virus.- The greatest crisis in the last century -The region of Latin America and the Caribbean, which has the largest number of and infections in the world, with 4,733,320 infected and 194,683 deaths, is also undergoing the greatest crisis in the last century.Mexico, whose semi-paralyzed economy since the end of March was already dragging a crisis, experienced a record contraction of 17.3%. In addition, the country has become the third in the world in the number of deaths from the coronavirus with 46,000 victims, according to an AFP balance based on official figures. Brazil recorded nearly 60,000 new infections in one day. For almost a month, the country has recorded a weekly average of more than a thousand deaths a day. Michelle Bolsonaro, the wife of President Jair Bolsonaro, tested positive on Thursday, days after the president announced on social media that he was cured of the disease. . Peru, where there is a shortage of oxygen for seriously ill covid-19 patients, already registers more than 19,000 deaths and 407,492 infected.- Young people “are not invincible” – “It seems that the outbreaks in some countries are partly caused by young people who they let their guard down during the summer in the northern hemisphere, “said WHO director Tedros Adhanom Ghebreyesus. Young people “are not invincible,” he stressed. The WHO further stated in its updated recommendations that priority on international displacement should be restricted to humanitarian emergencies, indispensable personnel and repatriations. Despite all this, many countries are trying to save the economy. Nepal on Friday reopened access to its mountain ranges, especially Everest, for autumn expeditions in hopes of relaunching its tourism sector, hard hit by the crisis. In Saudi Arabia, Muslim worshipers on Friday launched the ritual of ” stoning of Satan “, one of the last of the great pilgrimage to Mecca, which this year was drastically reduced to prevent the spread of the virus. Likewise, world sport has been hit hard by the pandemic. ATP tennis tournaments and The WTA of Rome, which were postponed to September, will be held behind closed doors, the Italian press announced. Formula 1 faces its first case of coronavirus, just two days from the Grand Prix of the season at Silverstone, UK. Mexican Sergio Pérez (Racing Point) tested positive for the coronavirus and will not be able to participate in the race. In the United States, the NBA season began on Thursday after four and a half months of stoppage due to the pandemic, with players, coaches and referees kneeling in protest against racial injustices.burx-mc / cr / bc / af