(Bloomberg) -- New York had the fewest new deaths of the pandemic as the increase in Florida’s cases topped the week’s average for a fifth day. Rising infections in 22 states have raised concern about a resurgence.France is letting Paris restaurants open for indoor dining as soon as Monday with schools restarting June 22. An infectious disease researcher said the virus will spread until 60% of Americans are infected. Vladimir Putin said Russia, which trails the U.S. in cases, is emerging “confidently” from crisis while poliyical fights are hindering Donald Trump’s effort. Ikea is in talks to give back its state aid.Key Developments:Virus Tracker: Cases pass 7.8 million; deaths exceed 431,000College towns fear virus will leave them as U.S. ghost townsMillions of jobs may be permanently lost in reallocation shockSun, octopus, face masks: Greece gambles on rescuing summerBeijing locks down part of city after outbreak at marketNew York’s Chinatown is starting...
(Bloomberg) -- New York had the fewest new deaths of the pandemic as the increase in Florida’s cases exceeded the week’s average for a fifth day. Rising infections in 22 states have raised concern about a resurgence.An infectious disease researcher said the virus will keep spreading until 60% of the U.S. population is infected. Chile, which has the third-most cases in Latin America, is set for more stimulus. Vladimir Putin said Russia, which trails the U.S. in cases, is emerging “confidently” from crisis while Donald Trump’s effort is hamstrung by political bickering. Ikea is in talks to give back its state aid.Key Developments:Virus Tracker: Cases pass 7.8 million; deaths exceed 431,000College towns fear virus will leave them as U.S. ghost townsMillions of jobs may be permanently lost in reallocation shockSun, octopus, face masks: Greece gambles on rescuing summerBeijing locks down part of city after outbreak at marketNew York’s Chinatown is starting...
(Bloomberg) -- Coronavirus cases jumped from Florida to Tokyo, sparking concern about a resurgence, while New York reported 23 deaths, the fewest since the pandemic began.Florida infections rose more than the one-week average for a fifth straight day. An infectious disease researcher in Minnesota said the virus will spread until 60% of the population is infected.The International Monetary Fund expects to cut its 2020 global economic forecast. The U.K. will review its rule that people maintain 2 meters of space as stores are set to reopen Monday.Key Developments:Virus Tracker: Cases pass 7.8 million; deaths exceed 430,000College towns fear virus will leave them as U.S. ghost townsSun, octopus, face masks: Greece gambles on rescuing summerBeijing locks down part of city after outbreak at marketAsia’s densest slum has become a model for beating the virusThousands flock to Miami Beach even as Florida hits recordA look at how Iran’s virus fight is tied to...
Iraq has agreed with major oil companies operating its giant southern oilfields to cut crude production further in June, Iraqi officials working at the fields told Reuters on Sunday. Baghdad aims to improve its compliance with its output cut targets under a global deal with OPEC and its allies to reduce oil supply. Iraq has agreed with Russia’s Lukoil to start an additional cut of 50,000 barrels per day (bpd) as of June 13 to lower production from the West Qurna 2 field to around 275,000 bpd....