AP News Director for Europe and Africa Anna Johnson steps back and talks about how the world is experiencing the COVID-19 pandemic at the same time but in very different ways. The Fed is pulling out all the stops to keep liquidly flowing through the U.S. financial system, and now, through Main Street business as well. Here's a look at all the measures the Fed's put in place since the pandemic hit the United States, and what kind of monetary policy tools it has left in its arsenal. CGTN's Elaine Reyes and Gregory Jantz discuss how the pandemic is affecting mental health and leading to poor sleep cycles. CGTN's Mike Walter and economist Williams Lee to discuss how the pandemic is affecting the job market, especially for new college graduates.
[Bagpipe music] There are moments that seem bizarre, moments of fear … … preparation and moments of emptiness. These are scenes from the world living with coronavirus. It has spread across cultures, languages and even out to sea. And despite these global differences, a number of shared experiences have emerged. There is grief over the dead. In Iran, hospital staff mourn a doctor’s death from the virus. In China, a quarantined building collapses, and a firefighter breaks down after pulling bodies from the rubble. In Italy, a man mourns the death of his sister. To try and save lives, authorities take precautions. They disinfect public areas and screen populations. “This is just crazy. Around the world, people are afraid and on edge. “Unbelievable.” In Northern Ireland, routine construction work at an Apple Store is mistaken for virus-related activity. In Japan, tempers flare when a man sneezes on a train. One Italian takes the fear and adds humor. This is a circle to keep people at a safe distance. In fact, lots of people use humor to cope with the uncertainty or the stigma of being sick. In Australia, a run on toilet paper leads to lessons in self-defense. “He’s going to show you how to deal with people stealing your toilet paper.” There is also defiance, a conviction that life must go on despite the virus. Across rooftops in China, quarantined neighbors socialize. From a rooftop in Italy, a theater group performs poetry for an area where movement is restricted. On a quarantined cruise ship, there’s songwriting to pass the time. In an apartment in China, too. But perhaps some of the most striking moments from the pandemic are those where little happens: the empty streets. “Unbelievable. No traffic.” The quiet airports. The places of worship without worshippers. Stores without goods. This is how it is across the globe as we prepare, grieve and wait for the next chapter of the coronavirus.