If Greenland's ice sheet is melted away completely, global sea levels could rise by as much as 23 feet, raising serious concerns for coastal communities across the world.
The global economic downturn has been so severe that already half of the world has asked the International Monetary Fund for a bailout, the organization's chief said Wednesday.
Jacinda Ardern, the prime minister of New Zealand, announced she and other lawmakers will be taking a 20% pay cut for the next six months in solidarity with those affected by the coronavirus.
The European Union (EU) has urged countries to adopt a gradual and targeted approach to lifting lockdown measures, with new cases across the continent finally slowing.
South Africa has extended its nationwide lockdown for two weeks, but outlined a set of criteria for lifting restrictions, with coronavirus cases in the country so far avoiding the sharp trajectory seen in Europe and the U.S.
An early victim of the oil price crash has been the U.S. shale industry, which is now hemorrhaging jobs as highly-indebted oil producers in the U.S. begin filing for bankruptcy.
Many governments have announced large amounts of stimulus to support their respective economies, with some taking up more debt to fund those expenditure.