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The future is here

May 6, 2020

Coronavirus poses risk to EU stability; experts urge vaccine patience, Europeans mull vacation plans

By Atlantic Council

The coronavirus crisis poses a risk to stability in the eurozone, the European Commission said. The White House set out plans to disband its coronavirus task force, while tensions with China continue. Experts urged patience on a vaccine, as signs emerged of people making vacation plans for the summer.

Coronavirus

The future is here

May 5, 2020

Citizens worldwide remain wary of coronavirus, Pfizer starts US vaccine trial; Russia and Brazil impacted

By Atlantic Council

Polls indicate that people worldwide remain more concerned about the health risks of the pandemic than its economic impact as more than 250,000 worldwide have now died from the disease. Pfizer starts human trials of a coronavirus vaccine in the United States, while the outbreak takes its toll in Russia and Brazil.

Coronavirus

The future is here

May 4, 2020

World leaders join forces on coronavirus vaccine; Italy starts to reopen, backlash against China builds

By Atlantic Council

Global leaders pledged a joint funding effort on a coronavirus vaccine, as countries worldwide try to find a way forward to reopen their economies—and the debate about how long a vaccine may take continues. As Italy begins a three-phase approach to do reopen after eight weeks of lockdown, a worldwide backlash against China builds over the origins of the disease.

Coronavirus

The future is here

May 1, 2020

Coronavirus probably with us for two years; intelligence community in Wuhan probe seeks source of virus, Russia cases rise

By Atlantic Council

Coronavirus will probably be with us for as long as two years, a report said, as the Czech Republic became the latest government worldwide to launch contact-tracing technology. The US intelligence community confirmed it’s looking into claims the virus emerged from a lab accident. Russia’s prime minister tested positive for the disease as cases in the country increased at a record pace.

Coronavirus

The future is here

Apr 30, 2020

Preparations for future treatment advance; Shell slashes dividend, Europe holds back on stimulus plan

By Atlantic Council

Efforts to find a vaccine for coronavirus registered some progress, with a focus on ramping up production even before any treatment is approved for human use. Energy giant Shell slashed its dividend and said changes to consumer behavior may be here to stay. The European Central Bank kept its powder dry on further stimulus measures.

Coronavirus

The future is here

Apr 29, 2020

US economy contracts as virus hits demand, business; European countries dig in for lengthy reopening

By Atlantic Council

The US economy contracted in the first quarter as the virus hit consumer demand and businesses closed. Economies from France to Spain and Greece set out plans for a lengthy and gradual reopening of their economies. Some early, tentative signs of an uptick in economic activity emerged, but consumers are likely to remain leery of travel and public events until a proven vaccine is in place.

Coronavirus

The future is here

Apr 28, 2020

Shadow cast over (postponed) 2021 Olympics even amid early vaccine hopes; Australia app is a hit

By Atlantic Council

A top medical official in Japan cast doubt on the already postponed Olympic Games taking place without an effective vaccine. Financial results from global carmakers and banks added to evidence of the deep impact of the coronavirus crisis. Vaccine development showed some early progress, while a new tracing app in Australia proved popular.

Coronavirus

The future is here

Apr 27, 2020

As coronavirus global deaths top 200,000 governments take reopening steps, Airbus is “bleeding cash”

By Atlantic Council

As global deaths from coronavirus exceed 200,000, governments worldwide continue to take tentative steps to reopen their economies, with efforts to ramp up testing to get a clearer picture of the route ahead. From bad loans to a shift in emerging-market investments, the economic impact of the pandemic looms large.

Coronavirus

The future is here

Apr 24, 2020

Coronavirus drug study disappoints investors, second wave prospect casts shadow on reopening plans

By Atlantic Council

A study appeared to show that a drug believed to treat coronavirus proved to be ineffective, disappointing investors. European leaders agreed to an economic stimulus deal of sorts, but thin on detail. The issue of a possible second wave of infections continues to garner attention as leaders worldwide wrestle with how best to reopen their economies.

Coronavirus

The future is here

Apr 23, 2020

Coronavirus hits consumer confidence, businesses in Europe; Germany’s Merkel urges patience

By Atlantic Council

The coronavirus outbreak took its toll on consumer confidence and business activity alike in Europe, with progress to prevent a second wave of the disease set to be “painfully slow”. A summit meeting of European leaders is expected to make limited progress to support the region’s battered economy. Germany’s Chancellor Angela Merkel said the pandemic is “still at the beginning”.

Coronavirus
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