Hopes that the economy-crushing coronavirus pandemic might be easing sent Wall Street climbing sharply on Monday with all three main indices higher at the close of trading.
China demanded an explanation from Brazil on Monday after the conservative government’s education minister linked the COVID-19 coronavirus pandemic to the Asian country’s “plan for world domination,” in a tweet imitating a Chinese accent.
British Prime Minister Boris Johnson was moved to an intensive care unit on Monday after his coronavirus symptoms worsened, although his Downing Street office said he was still conscious. Britain has no formal succession plan should the prime minister become incapacitated, but Johnson, 55, has asked Foreign Secretary Dominic Raab to deputize for him.
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. On the contrary, the currency has risen in value this year, gaining six percent from its lowest point reached in early March, according to the US dollar index, which measures the greenback's value against a basket of other currencies.
The United States on Monday warned China not to take advantage of the coronavirus pandemic to exert itself in the South China Sea after Vietnam said Beijing sank a trawler.
With historically low river flows and reservoirs running dry due to drought, people in central Chile have found themselves particularly vulnerable to the coronavirus pandemic. Years of resource exploitation and lax legislation have allowed most reservoirs in that part of the country to run dry.
Nadia, the tiger who tested positive for the novel coronavirus in New York, and six other big cats who developed a dry cough at the Bronx Zoo appeared to be on the mend on Monday after doses of medication and tenderness.
The United States on Monday branded a Russian far-right group as a foreign terrorist organization, the first time it has targeted white supremacists with tools regularly used against Islamist extremists.
Eighty-one people on the Greg Mortimer cruise ship, which has been stranded off the coast of Uruguay for almost two weeks and has over 90 Australians on board, have tested positive for coronavirus.
Most Brazilians do not favor President Jair Bolsonaro resigning despite mounting criticism of his handling of the coronavirus outbreak, according to a poll published by newspaper Folha de S.Paulo on Sunday.