Coronavirus live updates: Italy deaths jump by 743 in a day, details of massive stimulus bill emerge

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. 

  • Global cases: More than 398,000
  • Global deaths: At least 17,000
  • US cases: At least 46,500
  • US deaths: At least 590

The data above was compiled by Johns Hopkins University. 

President Donald Trump asked South Korean President Moon Jae-in for medical equipment to help combat coronavirus during a phone call between the two leaders on Tuesday, according to a report published in a state-funded newspaper. 

Moon said that the country will provide “maximum support” if it is available, Yonhap News Agency reported.

The South Korean leader also told Trump that the support could require approval from the FDA, and Trump responded that he would seek the approval within the day, according to the outlet.  It was not immediately clear what type of medical equipment Trump was seeking. —Tucker Higgins

The death toll from an outbreak of coronavirus in Italy has grown by 743 to 6,820, the head of the Civil Protection Agency said on Tuesday, reversing a decline in fatalities seen over the last two days.

On Monday 602 people died. That followed 650 deaths on Sunday and 793 on Saturday — the highest daily figure since the contagion came to light on Feb. 21.

The total number of confirmed cases in Italy rose to 69,176 from a previous 63,927, an increase of 8.2%, in line with Monday’s growth rate, the Civil Protection Agency said. —Reuters

Coca-Cola is feeling the strain of the coronavirus pandemic on its supply chain.

“The supply chain is creaking around the world. There are flash points when it’s getting a little harder to get ingredients through, whether it’s delays at the borders, the big changes in channel mix,” CEO James Quincey said Tuesday on CNBC’s “Squawk on the Street.”

In the United States, the beverage giant is seeing heightened demand from grocery stores and e-commerce channels for its drinks as consumers stockpile food and beverages in preparation for spending more time at home. As a result, the company is focusing on producing the products most important to its business, such as water, soda and sports drinks. —Amelia Lucas

The U.K. government appealed for 250,000 “people in good health” to help its health service cope with the coronavirus outbreak.

Health Secretary Matt Hancock also said that final year medical students and student nurses would be moved to the National Health Service’s (NHS) “front line.”

“We are seeking a quarter of a million volunteers, people in good health, to help the NHS, for shopping, for delivery of medicines and to support those who are shielded to protect their own health,” Hancock told reporters. —Katrina Bishop, Ryan Browne

Source: https://www.cnbc.com/2020/03/24/coronavirus-live-updates.html

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