BRUSSELS: European leaders yesterday agreed on a massive aid package for their pandemic-ravaged economies, as President Donald Trump changed his tune in favor of face masks as a tool against the coronavirus in the United States. The virus has infected more than 14.6 million people and killed over 600,000 of them since it first emerged in China, with fresh alarm being sounded over its accelerating spread in Africa.
The pandemic has devastated the global economy, and after a fractious summit, European leaders agreed on a rescue package of €750 billion ($858 billion) to try and pull their bloc out of a deep recession. "This is a historic change for Europe," said French President Emmanuel Macron, while German Chancellor Angela Merkel expressed relief that the EU had, in her eyes, shown itself equal to "the greatest crisis" in its history.
The package will send tens of billions of euros to countries hit hardest by the virus, most notably heavily indebted Spain and Italy that had lobbied hard for a major gesture from their EU partners. The talks saw strong resistance from some members against sending money to nations they consider too lax with public spending.
With even richer nations struggling, experts have warned that the impact would be harshest in poorer regions of the world like Africa. There are fresh concerns about the continent, particularly South Africa, where the death toll crossed 5,000 over the weekend. "I am very concerned right now that we are beginning to see an acceleration of disease in Africa," warned the World Health Organization's emergencies chief Michael Ryan.
With no effective treatment yet, there are few options available to combat the spread of the virus, though they do include face masks - which Trump and his political allies refused to encourage for months. But he changed direction on Monday, tweeting a photo of himself wearing a mask with the message: "We are United in our effort to defeat the Invisible China Virus, and many people say that it is Patriotic to wear a face mask when you can't socially distance. There is nobody more Patriotic than me, your favorite President!"
US authorities are struggling to handle the crisis as infections surge towards four million, with more than 140,000 deaths, and Trump has been slammed for his management of the epidemic. The president is scrambling to respond to public anger just over 100 days from the November election, with the human toll rising and the US economy devastated.
Tens of millions of Americans have been left jobless, and the extra unemployment benefits keeping some from poverty are set to expire at the end of July. "I'm still struggling to pay the bills and I'm still looking for a job," said Diana Yitbarek, 44, who has been unemployed since April. "And nowadays it's hard to find a job because everything is closed."
Two studies offered new hope on Monday of a potential vaccine, however. One trial among more than 1,000 adults in Britain found that a vaccine induced "strong antibody and T cell immune responses" against the coronavirus. A separate trial in China involving more than 500 people showed most had developed widespread antibody immune response. An effective vaccine is considered key for a return to normality, particularly for travel and large religious gatherings like the hajj. The massive annual Islamic pilgrimage has been dramatically scaled down by Saudi authorities this year to around 1,000 compared with the usual 2.5 million people.
Until a vaccine is developed, many fear they will have to balance the COVID-19 risk with the need to make ends meet. "We have to learn to live with the virus," said Daniel Bailo, a vendor at a hiking and fishing store in Argentina's capital Buenos Aires. "If we don't, the economic damage will be worse than the damage caused by the virus." - AFP