
Brazilian Health Minister Luiz Henrique Mandetta said on Monday he will continue in his post after overcoming a disagreement with President Jair Bolsonaro over the need for social distancing to stop the spread of coronavirus.

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.

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.

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.

Brazil’s Health Ministry said on Sunday the country’s death toll from COVID-19 has climbed to 486 as 11,130 people tested positive to the coronavirus disease. In the past 24 hours, 54 patients died, up 12.5% compared with the day before, and 852 new infections were detected, placing the mortality rate at 4.4%, said the authorities.

Argentina is postponing payments on up to US$ 10 billion debt (interests and capital) that was issued under local law until the end of the year, the government said in a decree late on Sunday, in a bid to relieve pressure over looming foreign currency payments.