By AFP More by this AuthorParisThe global death toll from the coronavirus neared 400,000 on Sunday with fatalities accelerating in Latin America. This comes as oil-producing countries agreed to extend output cuts to offset a collapse in prices caused by the pandemic. He 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. Governments are also increasingly focused on repairing the economic damage, and even hard-hit European countries are now opening their borders and allowing people to return to work. DEEPER EXPORTS DOWNTURNAnalysts say a deeper downturn in exports is looming for the world's manufacturing powerhouse, where the virus first emerged late last year.

Source: Daily Nation June 07, 2020 08:48 UTC