World Health Organization Declares Coronavirus a Pandemic

The video discusses the COVID-19 pandemic's impact, highlighting the slowdown of infections in China and the World Health Organization's pandemic declaration. It covers the rapid spread of the virus in Europe and the US, with Italy implementing strict measures. The video also details economic responses, including China's efforts to support small businesses and stabilize its economy through fiscal stimulus and infrastructure spending.

What significant action did the World Health Organization take regarding COVID-19?

• Banned international travel

• Declared it a pandemic

• Announced a cure

• Closed all borders

Which country experienced a 31% increase in COVID-19 related deaths, prompting extreme measures?

• China

• United Kingdom

• United States

• Italy

What financial strategy is China employing to help small companies affected by the pandemic?

• Cutting foreign aid

• Imposing new taxes

• Reducing financing costs

• Increasing interest rates

What type of fiscal stimulus is China implementing to support its economy?

• Healthcare cuts

• Increased tariffs

• Military expansion

• Infrastructure spending

Which province in China is gradually reopening businesses after the outbreak?

• Sichuan

• Zhejiang

• Hubei

• Guangdong