Economic activity Vs New virus cases... Main takeaways: -U.S. in a uniquely bad place - low activity, high case count -Continental Europe and Japan doing better, but with cases rising for some -UK and Canada OK on cases, still weak on activity
“Over the past month, about 1.9 million Americans have tested positive for the virus. That’s more than five times as many as in all of Europe, Canada, Japan, South Korea and Australia, combined.” @DLeonhardt
Australia's FIRB's engagement with regulators from the US, Canada, UK, Europe and Japan comes as countries look at their own investment regimes, potentially to prevent companies impacted by #COVID19 falling into the hands of overseas investors. Read more:
Number of new daily cases up 20% in Europe and Canada over past week. Up 40% in Australia and Japan. The US remains in a separate category.
The higher cases in Australia or Japan and Hong Kong (down in recent days) still around or less than numbers in much of Europe. Canada's revised recovered data helps justify its inclusion on the EU list of 13 or so countries where flights can resume
Europe is open for business! Japan, Vietnam, Australia, New Zealand, Canada, Mercosur – we are expanding our circle of like-minded partners. Up-to-date information on current #EUtrade talks and trade agreements already in place with @Trade_EU and here →