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[email protected] Vernon Gate Website: www.chrysaliswealth.com Derby Facebook: www.facebook.com/chrysaliswealth DE1 1UQ News in Focus Tuesday 21 April 2020 “There is light at the end of the tunnel” Thursday’s press briefing, hosted by also showed that the infection rate has hope on Friday and led to a welcome boost Foreign Secretary Dominic Raab, led to reduced to below one, meaning that every to global markets. Boeing’s announcement the outcome we had all been expecting: infected person is passing the disease on to that it would resume production of lockdown will be continuing for at least less than one other person. commercial jets also boosted sentiment, three more weeks. Mr Raab said that the Coronavirus Job Retention Scheme helping lessen the impact on markets of government must see evidence of five Q1’s 6.8% decline in Chinese GDP. Despite criteria before the lifting of lockdown extended until June Friday’s press conference saw Rishi Sunak, a deal agreed by the Organization of the could be considered: the Chancellor, announce the extension Petroleum Exporting Countries and other • The NHS must be able to cope and of the furlough scheme until the end of producers to cut output, oil prices have provide sufficient care June – a deadline that could be pushed remained weak. back further “if necessary”. The scheme • Evidence showing a sustained and reimburses struggling employers for 80% The International Monetary Fund also consistent fall in daily death rates of their employees’ salary costs, up to a cap revised its response to the crisis on Friday, saying: ‘Assuming the pandemic fades in the • Reliable data showing the rate of infection of £2,500 per month.