Russia joins the quest for an effective Covid-19 treatment; Brazilian farmers could get a boost from U.S.-China tensions. Catch up with the latest pandemic-related insights on Corona Capital:
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.Russia is joining the fight against Covid-19. The country’s ministry of health has approved the use of antiviral drug Avifavir, a generic version of Fujifilm’s Avigan, funded by the country’s sovereign wealth fund Russian Direct Investment Fund alongside pharma group ChemRar. Some 60,000 doses will be made available in June.
It’s a bold move. Some trials carried out in Russia show Avifavir helped speed up recovery times, yet the tests are only preliminary. Still, the country’s economy is set to shrink by 5.5% this year, according to the International Monetary Fund, and it notched up some 9,000 new cases of infections on Sunday. President Vladimir Putin can at least show he has a plan. Whether it works may seem like a secondary problem. China is telling state-owned firms to halt purchases of some U.S.
Partly because of Covid-19, China had only bought around $1 billion worth of the oil seed in the first quarter, when, according to an earlier trade deal, it was supposed to be buying an additional $32 billion worth of agricultural products over two years. Soybeans normally make up the majority of such exports.
One short-term beneficiary of this may be soybean mega-exporter Brazil. It’s struggling mightily as it reports the world’s second-highest number of cases of the new coronavirus. Trade tensions between global powers aren’t great, in general, for risky emerging markets. If China shifts some of its purchases to Brazilian farmers, the country may get a much needed, if fleeting, shot in the arm. .
His company is covering up to 24.4 million euros of a 45 million euro rent guarantee up to 2024. It also had to provide a loan guarantee to its partners for the same period. That suggests that although one of its recently opened centres, in the north-western French city of Rennes, has seen footfall return to 90% of pre-crisis levels,
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Breakingviews - Corona Capital: Taxes, European malls, IndiaFrom Breakingviews: The European Commission is dreaming up new ways to finance its bailout fund, and a French mall deal comes with sweeteners. Catch up with the latest financial insights here
続きを読む »
Coronavirus lockdown eases in Moscow as cases fall in Russian capitalResidents of Moscow can leave their homes to take a stroll for the first time in nine weeks on Monday under a partial easing of a tough lockdown regime following a fall in novel coronavirus cases.
続きを読む »
Peter Jackson reveals story behind Sean Bean 'walk into Mordor' meme in 'Lord of the Rings' reunionJosh Gad reunited Elijah Wood, Sean Bean, Orlando Bloom, and more of the 'Lord of the Rings' cast after 20 years to reveal secrets from the movies.\r\n\r\n
続きを読む »
Russians claim to have an effective treatment for the coronavirus, which hospitals will start using in JuneRussia has approved an anti-influenza drug to treat Covid-19 and will start delivering courses of the drug, Avifavir, to hospitals in June, according to Russia's sovereign wealth fund (RDIF).
続きを読む »
Russian artist fashions tiny face masks for insects amid COVID outbreakA Russian artist in Siberia has made tiny masks for insects during the coronavirus pandemic.
続きを読む »
Russian space agency says SpaceX launch 'should have happened long ago,' describes Trump praise as 'hysteria''Now it's not only the Russians flying to the ISS, but also the Americans,' the Roscosmos spokesperson said.
続きを読む »