Italy – first shy signs of improvement

Italy – first shy signs of improvement

Restrictive measures seem to have an impact in the fight against the virus

As everybody knows, at the moment, in Europe, Italy is one of the most affected countries by the Coronavirus pandemic. At a global level, Italy and U.S.A. have the most cases, even more than China, the place where it all started. Spain is catching up quickly.

Since it all started, the virus spread in Italy has been relentless. This weekend, the number of cases reached 102,000. Northern Italy took the bullet, with 42,000 cases only in Lombardy.

While China is considering easing up the restrictive measures, Italy is stepping into the third week of total lockdown, as it wants to stop the virus from spreading even more. Wuhan was the first city to impose a 11 million people lockdown in January, by blocking highways, flights, trains and buses. The current Italian lockdown had an end-date in April, but the Health Minister announced that the measure will be extended at least until Easter, which is mid-April. The statement was backed-up by Francesco Boccia, Italy’s regional-affairs minister who said that the lockdown "inevitably will be extended," according to The Guardian.

But the restrictive measures seem to work, as the number of sick people fell to 4%, half as it was last week (8.3%), and four times than it was two weeks ago. This is the lowest report since March 17. Deputy Health Minister Pierpaolo Sileri stated on Monday that "We can hope to reach the peak in seven or 10 days, then, reasonably, a decline in contagion."

The Situation Elsewhere

As stated before, Spain in the second country in Europe hit hard by this pandemic. On Monday they took over China, with more than 85,000 cases reported.

Also on Monday, France had the highest number of deaths since the outbreak started, 481. There are over 44,000 cases reported.

Across the ocean, the numbers are not looking good, with more than 159,000 confirmed cases; the U.S. have at the moment the highest report in the world. President Donald Trump extended the restrictive measures until April 30.

In other news: the postponed Olympic Games now have an official start date: July 23-August 8, 2021, in Japan.


Sources: Aljazeera.com, statista.com, cnn.com, euronews.com, businessinsider.com, theguardian.com

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Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

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