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The European Commission expects the second wave of coronavirus


May, 11 2020
watermark Economic news

The President of the European Commission said that EU countries could face the second wave of the spread of coronavirus, and all measures should be taken to prepare for such a scenario.


Scientists from the European Center for Disease Prevention and Control regularly assess the pandemic situation. At the same time, they concluded that new outbreaks of the disease can begin, even if current indicators are well controlled.


Moreover, disappointing news comes from the East, where new cases of Covid-19 infection were again recorded in China and South Korea after a long period of their absence. China reported 17 new cases of coronavirus and closed the entrance to Shulan City. South Korea is also sounding the alarm, as 27 new cases of infection were recorded in this country as early as May 10.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.