"We see that the infection is spreading in many places," Solberg said.
Its 14-day cumulative number of COVID-19 cases per 100,000 inhabitants was 36.6 as of Friday,
The IMF made the analysis in view of the fact that many countries in the region are struggling to come out of the economic impact after the coronavirus pandemic
The U.S. economy probably grew by more than 30% on an annualized basis last quarter, economists say, making up most of the 31.4% drop in the second quarter.
As daily cases in Italy hit a new record over the weekend, Prime Minister Giuseppe Conte gave mayors the power to shut public squares from 9 p.m. to halt gatherings.
The Pfizer news, published in a letter from its chief executive on its website, lifted the US stock market and the company's shares.
So let me be clear, assuming positive data, Pfizer will apply for Emergency Authorization Use in the US soon after the safety milestone is achieved in the third week of November.
The S&P 500 was up 20 points, or 0.6%, at 3,503.63, while the Dow Jones Industrial Average jumped 253 points, or 0.9%, to 28,744.49.
Shares of Pfizer added 3.1%. The US drugmaker said on Friday it could file for US authorization of the COVID-19 vaccine it is developing with German partner BioNTech as early as late November.
If we may make fast progress everywhere, we could speed up the recovery. And we can add almost $9 trillion to global income by 2025.
Equitable and affordable access to COVID-19 therapeutics and vaccines globally will be key to avoid an economic recovery that leaves "long lasting scars"