Week InAdvance: September 7, 2020
Mon Sep 7 U.S. and Canada celebrate Labor Day. Markets are closed. | Tue Sep 8 Another round of formal Brexit talks. | Wed Sep 9 Fed's emergency lending facilities on Senate Banking's agenda. | Thu Sep 10 ECB meets to set policy. | Fri Sep 11 EU finmins gather. August CPI.
Global governments continue to walk a tightrope between easing coronavirus lockdowns to revive economic growth, and controlling any resurgence of Covid-19 with stricter measures. More than 26 million people have been infected with the virus, and deaths have exceeded 863,000.
India has seen a record jump in cases and is predicted to soon surpass Brazil for the No. 2 outbreak in the world. Russia passed one million confirmed infections, the fourth nation to reach that grim mark. Thailand has better news — it's gone 100 days without any local cases. A second wave of cases is ebbing in Australia. Progress on the vaccine front includes a large-scale human trial in the U.S. of AstraZeneca's shot.
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