Coronavirus live updates: Oxford readying a phase 2 vaccine trial; cases surge in India

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The U.S. coronavirus death toll is approaching 100,000 about five months after the first case of Covid-19 was confirmed in the country. More than 1.58 million people across the country have been infected, according to data compiled by Johns Hopkins University. Dr. Anthony Fauci, in a CNBC interview Friday, said now is the time to reopen the economy, but states should still take “very significant precautions” with social distancing. States continue to chart a path forward, reopening nonessential businesses and easing restrictions on movement. Even the hardest-hit states in the country, New York and New Jersey, are reopening beaches for Memorial Day weekend.This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 5.15 millionGlobal deaths: At least 335,063U.S. cases: More than 1.58 millionU.S. deaths: At least 95,052The data above was compiled by Johns Hopkins University.South America has become a ‘new epicenter,’ WHO says2:43 pm ET — Roughly 6 months after the coronavirus emerged in Wuhan, China, South America has become a new epicenter of the global pandemic, the World Health Organization said.WHO officials noted that most cases in South …

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