Morning Brief – July 2nd, 2020

World

The Global #Tourism Industry’s Losses May Exceed $1.2 Trillion – Bloomberg
*Damage may top $3.3 trillion if travel curbs persist in 2021.
*Link: https://t.co/5J0mnjeLtb pic.twitter.com/dnYvdv9AS9

— Christophe Barraud (@C_Barraud) July 2, 2020

Americas

U.S. Cases Rise 1.8% (4 p.m. NY) – Bloomberg
*The 1.8% rise was in line with the average daily increase over the past week.
*Link: https://t.co/9rb3Ti7RD7 pic.twitter.com/JH09lilznY

— Christophe Barraud (@C_Barraud) July 2, 2020

The ‘Rocket Ship’ Economic Recovery Is Crashing – NYT
*Real-time data suggest a quick resurgence of business activity is leveling off nationally — and reversing in states like #Arizona and #Texas.https://t.co/6x2wSSty3C

— Christophe Barraud (@C_Barraud) July 2, 2020

#Trump backs work incentives as part of next #stimulus bill – Reutershttps://t.co/cLnmT5WIpv

— Christophe Barraud (@C_Barraud) July 2, 2020

U.S. #House approves $1.5 trillion infrastructure bill but outlook uncertain – Reutershttps://t.co/CvFKsbILcg

— Christophe Barraud (@C_Barraud) July 2, 2020

Asia

#Japan | #Tokyo Finds More Than 100 New Cases of #Coronavirus (exceeding that number for the first time since May 2) – NHK
*Link (Japanese): https://t.co/EAtY4DSdar

— Christophe Barraud (@C_Barraud) July 2, 2020

U.S. Readies ‘Harsh’ Sanctions on #China Over Abuses in Xinjiang – Bloomberghttps://t.co/h08AT4xDxy

— Christophe Barraud (@C_Barraud) July 2, 2020

Europe

#Recovery Plan Negotiations Will Be ‘Tough,’ Mark Rutte Tells Corriere – Bloomberg
*Dutch Premier says talks on composition of relief program will take time but a compromise remains possible, according to an ITW to be published in Corriere della Sera’s “7” magazine on Friday pic.twitter.com/i5PMnB6OtX

— Christophe Barraud (@C_Barraud) July 2, 2020

#Brexit | CEOs Raise No-Deal Alarm as U.K. Passes ‘Point of No Return’ – Bloomberghttps://t.co/KgPpTWCHVh

— Christophe Barraud (@C_Barraud) July 2, 2020