Coronavirus cases surge in U.S. and Brazil as Germany reports more outbreaks - but markets don't seem worried

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Coronavirus cases surge in U.S. and Brazil as Germany reports more outbreaks - but markets don't seem worried
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Coronavirus surges in U.S., Brazil and Germany sees more outbreaks - but markets don't seem worried

refers to the number of people that an infected individual goes on to infect, on average. Germany's current R rate means that 100 people infected with the virus would, on average, go on to infect 288 people. Experts want to keep the reproduction number, or R rate, under one to slow the spread.

The rise in the country's R rate and new infections reflects localized outbreaks in nursing and retirement homes, among several religious communities and schools, as well as an outbreak at a meat-processing factory, where more than 1,000 employees tested positive for Covid-19, the RKI noted. , despite 191,272 confirmed cases of the virus — a far lower fatality rate than its western European peers. France, for example, has recorded a similar amount of cases, of just over 197,000, but its death toll stands at 29,643.The uptick in cases seen worldwide comes after many countries lifted a number of the restrictions imposed on public and business life during lockdowns.

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