1. Trump has halted US funding to the World Health Organization after pinning the scale of the Coronavirus on their “failure”.
2. The IMF has predicted the worst year of monetary growth since the Great Depression. The International Monetary Fund forecasts the global economy will shrink 3 per cent this year and rebound again in 2021.
3. Australia is expecting a $130 billion hit, predicted by the IMF, with unemployment forecasts to be high for at least two years.
4. NSW Premier Gladys Berijiklian has established a special commission into the Ruby Princess cruise ship scandal, appointing barrister Brett Walker SC as Commissioner for the inquiry.
5. Wall Street closed on a high on Tuesday, with the Dow rising 2.39% to 23,949.76, the S&P 500 Index up 3.06% to 2,846.06 and Nasdaq leading another day up 3.95% at 8,515.74.