What you need to know
The global outlook: More than 300,000 people have contracted the novel coronavirus and at least 12,944 have died, according to a tally by Johns Hopkins University.
Threat of severe economic downturn: A global recession is looming as businesses down tools and send workers home to stop the spread of the virus.
US death toll rises: More than 323 people have died from the virus in the United States.
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