By AFPMore by this AuthorRomeNearly one billion people around the world are confined to their homes as the coronavirus (Covid-19) death toll crossed 13,000 and factories were shut in worst-hit Italy after another single-day fatalities record. Prime Minister Giuseppe Conte announced the closure of all non-essential factories in a late-night TV address on Saturday. Other parts of the United States are expected to ramp up restrictions as well. STOCK MARKETS HITThe pandemic has bludgeoned global stock markets, and the United States – the world's biggest economy – is preparing a huge emergency stimulus package that could top $1 trillion. Millions have been ordered to stay home in the United States.

Source: Daily Nation March 22, 2020 06:11 UTC