The world's biggest economy faces a severe downtown but will not suffer another Great Depression, US Fed chief Jerome Powell said on Sunday, as three hardest-hit countries in Europe reported low death tolls and lockdowns eased.
Italy recorded the fewest deaths from coronavirus, 145, in one day since its two-month lockdown began, while Spain had 87 new virus-related deaths -- the first time the number has fallen below 100 in two months.
On Sunday, the United States also recorded its lowest daily death toll in a week, at 820, but the country with the world's highest number of coronavirus fatalities neared 90,000 dead.
On the other side of the Atlantic, South Africa reported 1,160 new infections, the highest daily number since March when the country recorded its first case.
Russia, which has the world's second-highest number of infections, claimed Sunday that steadying case rates showed the growth of the virus had been halted, after reporting its deadliest day yet on Saturday.
