Covid-19 Pandemic

Covid-19 Pandemic

Bloomberg Bloomberg   Here’s the latest news: Trump says U.S. will end ties with WHO over China’s influenceChinese Covid-19 vaccine may begin mass output this yearGermany reaches EU deal on  $9.9 billion Lufthansa bailout   Our take on the latest developments   New Yorkers have discovered the walktail. In Colorado, they’ll bring a margarita to your minivan. And in Germany, where open-container laws are all but nonexistent, there has always been the “Wegbier” — the road beer, trusty companion on the way to a party, club or soccer game. The virus turned all beers into road beer, as selling one for the road became the only way of surviving for bars and pubs in locked-down countries around the world. But now Berlin, erstwhile capital of Europe’s party scene, is taking cautious steps toward a nightlife that could be compatible with the virus. The German capital’s bars, closed since mid-March, are due to reopen on June 2. There will be limits: guests must sit at tables at least 1.5 meters apart, and nobody’s allowed to lean against the bar. Last call will be at 11 p.m., shockingly early for a city where nightclubs used to stay open all weekend long. Clubs will remain closed for now. It’s a delicate balance. Bars can be an ideal setting for transmission. Some of the early German cases were people who had been partying in Ischgl, the Ibiza of the Alps, where an infected barkeeper spawned an international cluster of cases. But nightlife is big business. Club tourists pump an annual 1.48 billion euros into the Berlin economy, an industry-sponsored study found last year. The safety issues surrounding bars and clubs apply to “all parts of our economy that thrive on people coming together in close environments,” said Catherine Smallwood, a senior emergency officer at the World Health Organization’s regional office for Europe. To reopen requires a health system capable of honing in on any transmission as soon as it occurs, she said. Berlin is a good place to test whether that’s possible. The 3.8 million-person city had fewer than 150 new coronavirus cases over the past week. And Germany has rigorous contact tracing and plenty of testing capacity. In New York, which has seen more than three times as many deaths as all of Germany, some bar owners will be watching Berlin closely. “How all that works out is inspiration for how, when it’s our turn, we would do anything,” said Tim Murray, who sells everything from frozen aperol spritz to mezcal cocktails out the window of his Greenpoint bar Broken Land. With sales down at least 80%, Murray said his goal is simply to survive, reopen and see what the new reality looks like. “We have no idea what the future holds.”–Naomi Kresge   Listen Up   What Heat Really Does to the Virus Scientists and politicians have wondered for months whether the coronavirus would diminish, if not disappear entirely, over the summer. As the weather heats up in the Northern Hemisphere, and cools down in the Southern part of the world  one of America’s most respected public health experts tells us what to expect. Photographer: Patricia Suzara Photographer: Patricia Suzara Save the date: How are investors and regulators navigating the current financial landscape, and what’s ahead for global markets? Hear from SEC Chairman Jay Clayton and top asset managers Jenny Johnson of Franklin Templeton and David Hunt of PGIM on June 2nd in the latest of our virtual series, Bloomberg Invest Talks. Get more details and register here.   What you should read   New York City, New Jersey See a June Revival The hard-hit areas are easing while hot spots flare up elsewhere.   Outbreak’s Origins Weren’t What They Appeared New analysis shows Washington state’s spread started later than thought.   Texas Is Showing World How to Reopen A month after lifting restrictions, cases haven’t surged.   Germany’s Black Minority Wants to Be Counted Germany has shunned collecting data on minorities since WWII.   Bodies Left on Beds as Virus Slams Mumbai Public health system in India’s most populous city is overwhelmed.    Know someone else who would like this newsletter?  Have them sign up here. Have any questions, concerns, or news tips on Covid-19 news? Get in touch or help us cover the story. Like this newsletter? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.   Follow Us Get the newsletter   You received this message because you are subscribed to Bloomberg’s Coronavirus Daily newsletter. Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022