5 Things You Need To Know, Today, on Monday 18th May 2020
Justin Waite
5 Things You Need To Know
05:00, 18th May 2020

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5 Things You Need To Know, Today, on Monday 18th May 2020

5. Apple will this week reopen more than 25 of its branded stores in the United States, continuing a gradual process that has unlocked doors at nearly a fifth of its worldwide retail outlets.

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4. The number of Britons visiting shops collapsed by 84.7% year-on-year in April as the economy shut down to stem the spread of the coronavirus.

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3. Japan has fallen into recession as the financial toll of the coronavirus continues to escalate.

The world's third biggest economy shrank 3.4% in the first three months of 2020 compared to a year ago, its biggest slump since 2015.

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2. The chairman of the Federal Reserve says the US economy could "easily" contract by 20-30% amid the pandemic.

Jerome Powell added in a CBS interview that the economic downturn might last until late 2021, and a full rebound may not be happen until a vaccine is found.

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1. New measures have been deployed on board trains and at stations amid fears that more people might use public transport to return to work this week.

Passengers could be prevented from boarding a train or entering a platform if there are already too many people.

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