U.S. to pour $2.5 billion to fight potential coronavirus pandemic
Category: #health  By Pankaj Singh  Date: 2020-02-26
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U.S. to pour $2.5 billion to fight potential coronavirus pandemic

As the coronavirus epidemic continues to scale its way towards the West, several prominent countries across the world have started to develop novel drug solutions for fighting this disease. South Korea recently announced that it is planning to test over 200,000 members of the church that led to majority of coronavirus cases.

Meanwhile, the U.S. government has decided to pledge $2.5 billion for fighting COVID-19 which has now set foot in Europe and the Middle East. Reportedly, nations worldwide have doubled down on their efforts to prevent chronic flu-like virus, which was initially traced in China, currently infecting over 80,000 people.

As per reports, Japanese federal agencies have urged citizens to work staggered hours or telecommute in order to restrict the coronavirus from spreading. Whereas schools in the Asian financial hub in Hong Kong are to remain shut for another month.

As far as U.S. is concerned, the White House has announced that over $1 billion would be pledged for creating an effective vaccine, while the remaining funds would come handy in stockpiling personal protective items like masks and earmarking therapeutics.

As a result of this intensifying outbreak, South Korean and American militaries have decided to cut back on joint training. This could be considered as one of many concrete signs of how the virus is affecting the US military activities.

To add up to the ongoing tensions, the U.S. federal health officials have warned the government bodies that the coronavirus is expected to spread into the United States, urging businesses, schools, and hospitals to initiate with their preventive preparations accordingly.

Dr. Nancy Messonnier, Director, the National Center for Immunization and Respiratory Diseases, said that towns and cities should implement “social distancing measures,” which include closing schools altogether or segregating school classes into small groups. Meanwhile, companies should arrange work from home for their employees.

Source Credit: https://www.thehindubusinessline.com/news/world/us-pledges-1-bn-for-coronavirus-vaccine-as-pandemic-risks-grow/article30911490.ece



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Pankaj Singh

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Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

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