India extends lockout; Japan in recession: virus update

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A senior US official has suggested that Beijing has sent air passengers to spread the coronavirus worldwide, as the Trump administration intensified its campaign to blame China for the pandemic.

The Japanese economy entered a recession, while the Thai economy contracted for the first time since 2014 due to the virus. Federal Reserve Chairman Jerome Powell said a recovery in the United States could extend until the end of next year and would depend on the delivery of a vaccine.

India has extended its nationwide lockout until the end of the month while easing restrictions. Germany has seen a slight increase in the number of cases, although the number of deaths per day has decreased.

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Increase in the number of new cases in Germany and decrease in the number of deaths (1:24 p.m. HK)

Germany has seen a slight increase in the number of new cases of coronavirus, although the number of deaths per day has decreased. There have been 617 new cases in the 24 hours to Monday morning, bringing the total to 176,369 according to data from Johns Hopkins University. This compares to 519 new cases reported on Sunday. Deaths increased from 15 to 7,962.

Ryanair Holdings Plc said it has received a £ 600m ($ 726m) loan supported by the UK government, increasing liquidity as the coronavirus crisis threatens to cut passenger numbers in half next year.

The largest low-cost carrier in Europe has called on the UK’s Covid Corporate Financing Facility as it attempts a slow recovery that could lead to a price war on a much smaller air transport market, a- he said in a statement on Monday. The group’s operations are being reviewed and its Austrian subsidiary may close.

Citigroup Inc. said it would allow 600 more workers to return to work from their Hong Kong location on Wednesday after the city eased social restrictions amid an overall reduction in the number of new coronavirus infections. Citigroup joins other Wall Street banks, including Goldman Sachs Group Inc. and Morgan Stanley, to return to its offices.

Singapore tests 30,000 preschool workers in batches from May 15 to 26 as government prepares to reopen preschools, according to a message sent via its WhatsApp channel gov.sg. Over 6,000 employees have already been stamped.

“Many have asked if preschool general services will resume on June 2,” said Desmond Lee, minister of social and family development for the city-state, on Sunday. “We are assessing the situation and hope to be able to make an announcement on this matter soon.”

Thailand’s economic contracts for the first time since 2014 (10:44 HK)

Thailand’s economy contracted in the first quarter for the first time since 2014, as the coronavirus epidemic cut tourist arrivals and closed trade. Gross domestic product fell 1.8% from a year ago, said the National Council for Economic and Social Development.

The South Korean Ministry of Health said that nightclub-related coronavirus cases in Seoul had risen to 168 at midnight. The ministry said there had been no drastic increase in the epidemic, with results of around 10 cases per day on average.

About 65,000 people potentially exposed through nightclubs have been tested so far, while South Korea is trying to prevent a possible second wave of infections in the country.

China has reported seven new infections with coronavirus, including three cases transmitted locally in Jilin Province and Shanghai, while four are cases imported into Inner Mongolia.

The total death toll in China has risen to 4,634, after the National Health Commission said on Sunday that Jilin Province has revised its death toll by one point.

Jilin, in northeast China, has locked up several cities in the province. President Xi Jinping has called for increased controls in the region as a growing group of infections near the borders of Russia and North Korea threatens to become a second wave.

Trump to visit Ford fan assembly plant (8:24 a.m. HK)

US President Donald Trump will visit a Ford factory on Thursday that has been reused to make fans and personal protective equipment, according to a White House official, who added that the president should visit the factory and discuss the collaboration between Ford and General Electric to respond. to the coronavirus epidemic.

Japanese economy sinking into recession (7:54 a.m. HK)

The Japanese economy sank in the last quarter into a recession which is expected to worsen further, households limiting their spending to the essentials and companies reducing their investments, their production and their hiring to stay afloat in the middle of the pandemic. coronavirus.

Gross domestic product fell 3.4% year on year in the quarter from March to the previous quarter, the Cabinet Office reported. Economists had forecast a 4.5% drop as the start of social distancing in the last quarter dampened consumer spending, while supply chain disruptions and falling exports hurt manufacturers.

Apple to reopen 25 stores in the United States, including 12 in Canada (7:30 a.m.KT)

Apple Inc. said it is reopening more than 25 stores in the United States and 12 stores in Canada this week, adding to nearly 100 global sites that reopened to customers after the new coronavirus outbreak forced them to to close. Some stores will only offer a curbside or storefront service, the company said in an emailed statement.

Brazil delays appointment of Minister of Health (7:15 a.m.KT)

President of Brazil Jair Bolsonaro refrained from replacing his health minister on Sunday, instead of joining supporters who marched past the presidential palace as the coronavirus crisis deepened.

The country is awaiting an announcement after the resignation of Nelson Teich on Friday after 29 days of work as Minister of Health. He took office in April after Bolsonaro fired his predecessor amid public discord over social distancing.

Brazil has 241,080 cases – the fourth highest in the world – and 16,118 deaths to date, according to data released Sunday.

Trump wants stadiums to be “packed” with fans (5:10 p.m. NY)

Donald Trump said the return of professional sports is essential for the “psyche of our country” as it bounces back from the pandemic, but expressed impatience at playing games without spectators.

“We want big crowded stadiums,” said Trump, calling for the broadcast of a charity golf event. “We don’t want 15,000 people watching Alabama-LSU. “

Acceleration of new cases in South Africa (4:30 p.m. NY)

South Africa reported a third consecutive day of higher infections, with 1,160 new cases – the most in one day. This brings the total to 15,515. Western Cape, home to the city of Cape Town, accounts for almost 60% of cases nationwide and has contributed to 76% of new infections, according to the Ministry of Health.

Cases in the United States increase 1.5%, below the week average (4 p.m. NY)

Cases in the United States rose 1.5% from the same period Saturday to 1.48 million, according to data collected by Johns Hopkins University and Bloomberg News. This increase was less than the average daily increase of 1.6% in the past seven days.

Deaths increased 1.1% to 89,207.

New York reported 1,889 new cases, bringing the total to 350,121, the new deaths were 139 – a seven-week low – while the state total rose to 22,619.

Cuomo takes a nasal test on camera (3 p.m. NY)

Governor Andrew Cuomo engaged in a bit of political theater during his daily briefing when he had a cotton swab inserted in his nostril to demonstrate the ease of getting tested for the virus.

“I’m not in pain, I’m not embarrassed,” he told Albany after Dr. Elizabeth Dufort used a long stick to collect the sample. “There is no reason why you should not take the test. “

Cuomo said the state was performing 40,000 tests a day and had the capacity to do more to avoid a new spike in the cases. He also broadened the qualifications for testing: those in the sectors that return to work first, in construction, manufacturing and roadside retailing.

French deaths increase the most in 3 weeks (2 p.m. NY)

France recorded the largest daily increase in deaths since April 23, while hospitalizations and the number of intensive care patients continued to decline. Cases have increased less than the recent average.

The death toll increased by 483 to 28,108, said the French Ministry of Health, without giving any reason for the outbreak. Authorities reported 490 new cases, bringing the total to 216,030. Hospitalizations decreased from 71 to 19,361 and intensive care patients fell from 45 to 2,087.

UK first to receive AstraZeneca vaccine (1 p.m. NY)

AstraZeneca Plc will make up to 30 million doses of vaccine available to the UK by September and will deliver 100 million doses this year. The UK will have first access to the vaccine if successful.

The vaccine, currently under development at the University of Oxford, will receive £ 65.5 million ($ 79 million) in funding, said US Secretary of Foreign Affairs Alok Sharma. Inoculation is under study in humans and could reach advanced trials by the middle of the year. Another £ 18.5 million will go to Imperial College London as trials speed up.

The number of deaths in Italy is the lowest since the beginning of March (12:15 pm NY)

Italy has reported 145 new deaths, the lowest total since March 9, as the government prepares to further ease restrictions on movement and activity from Monday. The total number of deaths rose to 31,908, while cases increased from 675 to 225,435 as of Sunday, according to the Italian Ministry of Health.

Azar: the vaccination plan is an “objective”, not a “commitment” (11.50 am, NY)

Health and Human Services Secretary Alex Azar said the Trump administration has a goal of making 300 million doses of vaccine by the end of the year, and the goal could be missed. “This is not a commitment,” said Azar on “Face the Nation.” “It is a goal of what we will mobilize across the US government, the private sector to achieve. “

Azar said that drug makers are “rooting out the ineffectiveness” of the traditional multi-phase process to accelerate development and get safe and effective vaccines.

UK reports least deaths since March 24 (11:40 a.m. NY)

The UK has reported an additional 170 coronavirus deaths, the smallest increase since March 24. The total number of deaths increased to 34,636, with 243,303 confirmed cases.

Newsom: Most of California is open (11:30 am NY)

Governor Gavin Newsom said about 75 percent of California’s economy has reopened, with dozens of counties operating restaurants, offices, manufacturing, logistics and warehouses again. People observe physical distance and wear face covers, Newsom said on CNN’s “State of the Union”. A missing element: the stadiums with sports enthusiasts. “As much as we want to make it happen,” he said, “the health consequences could be far-reaching and devastating and reverse any progress we have made.”

Trump Aid blames China for airing (10:23 a.m. New York time)

The Trump administration has intensified its campaign to blame China for the coronavirus, with a senior official suggesting that Beijing has sent air passengers to spread the infection around the world.

“The virus appeared in Wuhan province, patient zero was in November,” said Peter Navarro, White House business advisor, on “This Week”. “The Chinese, behind the shield of the World Health Organization, hid the virus for two months from the world, then sent hundreds of thousands of Chinese on planes to Milan, New York and around the world to sow that. “

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