Florida Infection Rate Jumps; Djokovic Is Positive: Virus Update
(Bloomberg) - Anthony Fauci, the U.S. government's leading infectious disease expert, said the virus does not take a summer break, given its continued spread to warmer countries. He testifies before Congress Tuesday.
According to the Rt.live website, 31 states have R0 values above 1, which means that every person infects at least one other person with the virus. The World Trade Organization said the worst-case scenario for cross-border trade is likely to be avoided this year, depending on whether there is a second wave of outbreaks.
Novak Djokovic, the world's leading men's tennis player, tested positive for Covid-19 after he was canceled with an exhibition tournament in the Balkans. England eased further restrictions as deaths continued to decline.
Global tracker: cases happen 9.1 million; Deaths Top 472,700 Beijing Outbreak Shows Covid-19's Ability to Hide Tracking the Spread of the Virus Outbreak in the US
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Fauci says U.S. plans to step up testing (12:10 p.m., NY)
Four of the country's leading health authorities have been called on Tuesday to take a bigger lead in the national fight against Covid-19 as virus rates in the reopening countries rise and President Donald Trump has called for tests to be cut.
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, and Robert Redfield, director of the Center for Disease Control and Prevention, said they were interviewed during a Congress hearing on the President's call for the test to be slowed down by the TU the.
Reopening of NYC restaurants (12:05 p.m., NY)
In New York City, 4,136 restaurants have applied for and immediately received permission to dine outdoors on sidewalks and roadside parking, said Mayor Bill de Blasio when the second phase of the city's reopening began Tuesday's second day.
De Blasio, who ate dinner at Melba's, a well-known restaurant in Harlem, said the owner had told him it only took five minutes to fill out the application online. The restaurant, which was opened with the help of restaurant architect and designer David Rockwell, has transparent partitions between the wooden tables on the side of the road.
Between 150,000 and 300,000 people went back to work on Monday as the city allowed offices, restaurants, barbershops and shops to be partially reopened, the mayor said.
Back in the German city (12:00 in New York)
North Rhine-Westphalia was the first country in Germany to restore closure by imposing severe restrictions on daily life in a community where a coronavirus broke out in a large meat factory.
The measure announced by Prime Minister Armin Laschet on Tuesday remains in effect until the end of June. So far, a total of 1,553 employees have tested positive in the plant operated by Toennies GmbH near the city of Guetersloh.
The infection rate in Florida increases to 11% (10:50 a.m. in New York).
Florida reported 103,506 Covid-19 cases Tuesday, up 3.3% from the previous day compared to an average 3.8% increase over the past seven days. The number of deaths among Florida's residents was 3,237, an increase of 2%, the highest percentage since June 5.
The new Florida cases reached 23,397, the highest ever, on a rolling seven-day basis.
The cumulative hospital stays of Florida residents rose by 199 or 1.5% to 13,318. On a rolling seven-day basis, they reached 1,112, the highest level since May 25th.
The new rate of people who tested positive for the first time rose on Monday from 7.7% on Sunday to 10.9%.
Kennedy Center Cancels Events for 2020 (10:34 a.m. in New York)
The John F. Kennedy Center for the Performing Arts will cancel most previously announced performances by the end of the year, according to an emailed statement.
The prestigious theater in Washington expects to lose an estimated $ 45.7 million in ticket sales and other revenue in the 2020-2021 season.
Vodafone, MTN can share customer data with Ghana (10:30 a.m., NY)
Vodafone and MTN’s Ghanaian units are allowed to share subscriber data with the government to track down coronavirus cases, a Accra Supreme Court ruled Tuesday.
It would be against the "general well-being" of the citizens if the court prevented telecommunications providers from sharing data with authorities during a pandemic, judge Stephen Oppong said in his decision.
Schoolchildren do not spread a virus: French study (9:11 a.m. in New York)
According to a French study, school children do not seem to transmit the virus to their peers or teachers. Scientists at the Pasteur Institute examined 1,340 people in Crepy-en-Valois, a city north-east of Paris that suffered an outbreak in February and March, including 510 students from six primary schools. They found three likely cases in children that did not lead to further infections in other students or teachers. The study confirms that children appear to have fewer telltale symptoms than adults and are less contagious, which is a justification for reopening schools.
Africa's first Covid vaccine trial in HIV patients (8:34 a.m., NY)
South Africa will begin a coronavirus vaccine trial on Wednesday, the first such test on the continent. The 2,000 volunteers are said to involve some people with HIV. The study will begin at three locations in the country's most populous province, Gauteng, and will include 50 volunteers with HIV, study leader Shabir Madhi, a professor of vaccine science at Witwatersrand University, said in a briefing with reporters.
The vaccine, developed by Oxford University in collaboration with AstraZeneca Plc, is already being tested on humans in the UK. Separate studies are slated to begin in Brazil, and South American coronavirus cases have risen to over 100,000 with nearly 2,000 deaths. while the blockade of the country was eased on June 1st.
England's pubs and hotels open July 4th (8:21 a.m. in New York)
Prime Minister Boris Johnson gave the green light to England's tourism and hospitality industry to emerge from three months of closure. Hotels, pubs, restaurants and cinemas will reopen from July 4th. Johnson also announced that the minimum social distance between people would be halved to 1 meter, provided they take mitigating measures such as wearing a face cover.
"Our long national hibernation is slowly coming to an end," said Johnson. "A new but cautious optimism is noticeable."
Getting a full vaccine will be "very difficult," said the Prime Minister in the House of Commons. "In the meantime, we need to be extremely vigilant and extremely careful to avoid future flare-ups," Johnson said.
Djokovic tests positive after tournament stop (8:13 a.m. NY)
Novak Djokovic, the world's leading men's tennis player, tested positive for Covid-19 after he was canceled with an exhibition tournament in the Balkans. The Adria tour ended abruptly on Sunday after participants such as Grigor Dimitrov from Bulgaria and Borna Coric from Croatia tested positive.
"I am very sorry for every single case of infection," said Djokovic in a statement. "I hope that this does not complicate anyone's health situation and that everyone is doing well. We have done everything we have done in the past month with a pure heart and sincere intentions. Our tournament should convey a message of solidarity and compassion in the unite and share the entire region. "
Local media criticized the event - and Djokovic himself - for taking only a few virus restrictions and holding parties in Belgrade alongside the tournament.
Egypt eases curfew by reopening cafes and mosques (7:34 a.m. in New York)
Egyptian restaurants, cafes, cinemas and sports clubs may reopen from June 27th. Capacity is initially limited to 25%, Prime Minister Mostafa Madbouly said in a television press conference on Tuesday. Mosques and churches can also be reopened, but weekly mass prayers are suspended.
Serbia imposes masks (7:30 a.m. in New York)
Serbia has reintroduced the mandatory wearing of masks in a resurgence of cases, the national crisis committee said on Tuesday. Optionally, masks must now be worn in all interiors for several weeks, and people without them must not get on public transport.
Fauci doesn't see Covid-19 Summer Lull (6:50 a.m. in New York)
According to America's best doctor for infectious diseases, the coronavirus does not take a summer break, measured by its continued spread in the US sun belt.
Covid-19 cases continue to increase in warmer states like Florida, Texas, and Arizona, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said in an interview. "It doesn't look like the weather is currently having a significant impact," he said.
According to the Rt.live website, 31 states have R0 values above 1, which means that every person infects at least one other person with the virus. Morgan Stanley estimates that R0 is 1.1 across the US - a rate at which the epidemic would double every 52 days.
French banks warn of corporate debt that creates systemic risk (6:26 a.m. in New York)
The risks in the French financial system have reached a systemic level and, according to the country's central bank, will continue to increase after the coronavirus has closed the economy and indebted companies.
The sudden surge in corporate debt exposes companies to an "increased solvency risk" that could later affect the quality of assets and the profitability of lenders, the Bank of France said Tuesday in its biannual financial risk report. In its last report before the crisis, the institute already pointed to a relatively high level of corporate debt.
German city closed after the slaughterhouse erupted (6:21 a.m. NY)
The state of North Rhine-Westphalia has once again blocked a community that was hit by a flood of infections in a large meat factory.
The measure announced by Prime Minister Armin Laschet on Tuesday remains in effect until the end of June. In the meat factory near the city of Guetersloh, which is operated by Toennies GmbH, a total of 1,553 workers have so far tested positive.
European car sales forecast falls (6:18 a.m. in New York)
European car sales are expected to decline 25% this year after the pandemic showrooms, which will result in a slump in demand and threaten one of the region's largest industries.
In the European Union, only 9.6 million vehicles are expected to be sold, compared to 12.8 million in the previous year, the European Association of Automobile Manufacturers said on Tuesday in its first forecast since January before the health crisis spread to the region.
UK pandemic support costs are rising (6:02 a.m. in New York).
The cost of the UK government's job support programs accelerated last week and employers took more workers on holiday, a sign of the economic struggle to recover from the pandemic crisis.
Companies have added 100,000 jobs to the vacation plan to 9.2 million employees, and the price has increased from £ 20.8 billion the previous week to £ 22.9 billion ($ 28.5 billion). A separate program to support the self-employed amounted to 2.6 million claims and £ 7.6 billion.
Saudi Binladin Misses Salary Payments (6:00 AM in New York)
Saudi Binladin Group was unable to pay thousands of employees because the construction giant is suffering from the effects of the corona virus and restructuring around $ 15 billion of debt.
According to experts, the conglomerate missed some salary payments in April and May. It is not yet clear if the company, which employs around 100,000 people, can pay these people in June, people said, asking not to be identified due to the sensitivity of the matter.
Iran Death Tally Climbs (5:50 p.m. HK)
The number of Iranian deaths from the virus reached 9,863 out of a total of 209,970 known cases. The country had 2,445 new infections in the last 24 hours, compared with 2,573 the day before.
The Philippines see the highest number of daily cases (5:27 p.m. HK)
The Philippines had the highest number of daily infections on Tuesday as the economy opened further this week. The Southeast Asian nation reported 1,150 new infections, surpassing the previous record of 1,049 cases on May 29, according to Bloomberg.
WTO Says Fast Response Cuts Trade Downturn (4:55 PM HK)
The WTO eased its pessimism about the prospects for cross-border trade and said that world trade could see a 5% to 20% recovery next year, but this outcome remains far from certain, depending on whether there is a second wave of Covid-19 outbreaks exist. weaker than expected economic growth or widespread use of trade restrictions.
Deaths continue in England and Wales (4:50 p.m. HK)
Weekly deaths from coronavirus in England and Wales decreased 30% to 1,114 in the week of June 12, the National Statistics Office said Tuesday. The decline started in April, bringing weekly deaths related to Covid-19 to its lowest level in nine weeks.
British landlord Intu warns that shopping centers may close (4:48 p.m. HK)
Intu Properties Plc warned that some of the UK's largest shopping malls may have to be closed if survival talks with creditors collapse, putting thousands of jobs at risk once retailers emerge from the block.
The landlord has asked banks to waive the £ 600m ($ 750m) loan terms by the end of next year. Intu said that if a so-called standstill agreement cannot be reached before a Friday deadline, it will likely fall into administration, a company statement on Tuesday. Such a move could mean that shopping malls close their doors at least temporarily.
The Swedish Prime Minister sees a slump in support after the virus reaction (4:43 p.m. HK)
Support for Stefan Lofven, who leads a center-left coalition of minorities, declined 10 percentage points compared to April, according to a DN / Ipsos poll published on Tuesday.
The results suggest that the Swedes appear to be losing confidence in their prime minister's ability to steer them out of the Covid 19 crisis. This is the latest evidence that the response to the Swedish pandemic - a gentle ban that has resulted in one of the highest mortality rates in Covid worldwide - may have failed.
The UK economy shows signs of recovery as factories expand (4:30 p.m. HK).
The UK economy recovered from the corona virus this month, with an early indicator of activity rising.
IHS Markit's composite purchasing manager index rose from 30 in May to 47.6. While this is still below the critical 50 mark that separates expansion from contraction, monthly earnings have been the largest since the survey started in 1998.
Pig study examines optimal dose for experimental vaccine (4:09 p.m. HK)
Optimal protection against coronavirus may require two doses of Oxford University's experimental Covid-19 vaccine, a study in pigs showed.
Researchers at the English Pirbright Institute, working with scientists from Oxford, said on Tuesday that two doses of the ChAdOx1 nCoV-19 vaccine in pigs, which are physiologically more similar to humans than some others, produce a stronger antibody response than a single dose of animal models and have been used to predict people’s response to influenza vaccines.
Singapore calls for general election in the midst of a pandemic (4:00 p.m. HK)
Singapore initiated the process of holding parliamentary elections. Prime Minister Lee Hsien Loong sought another government mandate amid the coronavirus pandemic that has affected the country's economy.
Lee said in a speech on Tuesday that he had seen President Halimah Yacob to advise her to dissolve Parliament and to issue the election notice to set the stage for the upcoming elections.
The euro area economy is moving towards a slow recovery (4:00 p.m. HK)
Economic activity in the euro area recovered from its record slump, but the good news was tempered by a warning that the recovery will be protracted.
IHS Markit's June purchasing managers' index showed an improvement in the region's manufacturers and service companies and the highest level of confidence since February. There was also caution: the headline still signaled a decline, a decline in orders and a decline in employment.
Russian infections fall to their lowest level since April 30 (3:42 p.m. HK)
Russia reported 7,425 new confirmed Covid-19 infections last day, the lowest since April 30. This increased the number to 599,705, according to the government's Virus Response Center.
Sanofi, translate organic in the vaccination pact (3:14 p.m. HK)
French drug maker Sanofi is strengthening its pact with Translate Bio Inc., a vaccine developer in the United States, to develop recordings for Covid-19 and the flu, which could be worth up to $ 2.3 billion.
Sanofi will pay $ 425 million in advance, in part through the acquisition of Translate Bio shares at almost a 60% premium, the companies said Tuesday. The French drug maker also agreed to pay up to $ 1.9 billion to achieve various goals, plus royalties.
Top India Aide sees V-shaped recovery (2:41 PM HK)
India's leading economic adviser said a V-shaped economic recovery is possible this year, provided a vaccine contains the Covid-19 pandemic.
"The recovery will come after this health uncertainty has been resolved," said Krishnamurthy Subramanian, chief financial adviser to the finance minister, in an interview with Haslinda Amin at Bloomberg Invest Global's virtual conference. "If it happens that we have the vaccine in the second half of the year, you can expect the V-shape to recover from the second half of the year."
Hong Kong Confirms Sixth Coronavirus Death (2:33 PM HK)
A 72-year-old man connected to the city's Sha Tin building cluster died early Tuesday morning, a spokesman for the Hong Kong Hospital Authority said. The financial center was a rare global success story in containing the virus, but said it imported 30 new cases on Monday - the largest increase in reported infections in one day since April 3.
Germany's virus infection rate remains high (1:23 p.m. HK)
The infection rate remained well above the government target of 1. The reproductive factor fell on Monday from 2.88 the previous day to 2.76, according to the latest estimate by the German health authority, the Robert Koch Institute. The infection rate was fueled by local outbreaks - also in North Rhine-Westphalia - in which more than 1,300 employees in a slaughterhouse were positive.
The estimate means that out of 100 people infected, another 276 are likely to develop Covid-19.
Denmark hit by mini-outbreaks when the lock was lifted (1:21 p.m. HK)
While countries are considering when to reopen, Denmark is experiencing minor virus outbreaks in schools, amusement parks, and nursing homes as Covid-19 is gradually being closed.
Such outbreaks are expected and should be a wake-up call that people can't go back to their old routines, Jan Christensen, professor at the Department of Immunology and Microbiology at Copenhagen University, told Jyllands-Posten. So far, there is no evidence of another wave of cases, he said.
Indonesia Receives $ 1 Billion Virus Response Loan (1:04 PM HK)
According to the Asian Infrastructure Investment Bank, loans have been approved for two projects as part of the global effort to support the Southeast Asian country in the midst of the pandemic.
A $ 750 million loan will be co-financed with the Asian Development Bank to promote business aid, support households, and strengthen Indonesia's health systems, AIIB said. Another $ 250 million, in collaboration with the World Bank, will be used to strengthen Indonesia's immediate health response, including readiness for coronavirus testing, monitoring, prevention, and treatment.
South Korea claims to have 46 new cases (9:16 AM HK)
The country where the virus was successfully contained reported 46 more cases within 24 hours, for a total of 12,484. This was shown by data from the Korean Centers for Disease Control and Prevention. 30 of the new cases are said to have been imported.
Beijing sees a slight upswing in new cases (8:41 a.m. HK)
The Chinese capital reported 13 additional local coronavirus infections on June 22, compared to nine the previous day, according to the Beijing Municipal Health Commission. The number of cases when the city erupted again has now reached 249.
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