China’s Coronavirus Cases Rise to 78,824

The video discusses the current status of the coronavirus outbreak, highlighting a slowdown in cases in China but rising concerns globally, especially in South Korea and Japan. The WTO warns of a potential pandemic, urging aggressive action. Economic impacts are considered, with central banks cautious about overreacting. South Korea faces political pressure due to rising cases, while Japan implements school closures to curb the spread.

What trend is observed in China regarding COVID-19 cases and deaths?

• Stable cases and deaths

• Increasing cases and deaths

• Decreasing cases but more deaths

• No change in cases and deaths

What is the WHO's stance on the COVID-19 outbreak at this point?

• It requires immediate vaccine distribution

• It is under control globally

• It is a decisive moment with potential for a pandemic

• It is no longer a threat

What is the ECB's position on using monetary policy in response to the COVID-19 outbreak?

• Immediate monetary intervention is necessary

• Interest rates should be increased

• Inflation is expected to rise significantly

• Monetary policy is not the right solution

How has South Korea's government been criticized in response to the COVID-19 outbreak?

• For closing all schools immediately

• For focusing too much on economic impacts

• For not responding quickly enough

• For overreacting with strict lockdowns

What unprecedented action did Japan take in response to the COVID-19 outbreak?

• Distributed free masks to all citizens

• Implemented a nationwide lockdown

• Banned all international travel

• Closed all schools for a month