Many unanswered questions about Covid-19 testing, psychology, economic tensions, social distancing and work-from-home curriculum make opening up schools in September a hazy venture.
WHO welcomes the recent data from a U.S. government-run clinical trial showing the drug appeared to be effective in reducing recovery times for Covid-19 patients, one official says.
"We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long."
Italy, Belgium and Portugal are reopening some business activities on Monday as they take their first tentative steps to lifting their coronavirus lockdowns.
The global economy is most likely set for a U-shaped recovery with a "jagged bottom" after the coronavirus crisis, and will benefit currencies in countries with strong fiscal positions, according to HSBC.
That timeline would be a "very reasonable" expectation because of the necessary Phase 2 and 3 trials of any vaccine to guarantee both safety and efficacy, according to Dale Fisher, chair of the World Health Organization (WHO) Global Outbreak Alert and Response Network.
CNBC considers whether job losses and stock market volatility from the coronavirus crisis has caused lasting damage to the retirement savings of British millennials.