Daily Archive: June 11, 2020

Cuba to test visitors for coronavirus, limit tourism to keys By Reuters


HAVANA (Reuters) – Cuba will test all visitors for coronavirus when it reopens to international tourism, which will be limited at first to the beach resorts at the keys of the Caribbean’s largest island, Prime Minister Manuel Marrero Cruz said on Wednesday.

Unveiling cautious plans for lifting Cuba’s partial lockdown, Marrero Cruz said specialists would conduct epidemiological monitoring at hotels, where occupation would be limited. Excursions would be restricted to the keys.

Visitors would not be able to visit Havana, the center of Cuba’s outbreak, at first.

In his presentation to the council of ministers, reported by state-run media, Marrero Cruz did not give a time frame for the reopening to tourism, one of the cash-strapped country’s top sources of hard currency.

The prime minister said Cuba would open first to domestic tourism and further details would be announced soon.

“There will not be a brusque opening in the first

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U.S. stocks end lower in volatile trading after Fed statement

U.S. stocks and the dollar fell as investors assessed the Federal Reserve’s views on the economy. Treasuries rallied.

The S&P 500 ended the session lower after getting whipsawed as Chairman Jerome Powell suggested the pandemic could inflict permanent damage on the American economy even as the Fed signalled it’d keep rates near zero possibly for years to come. The Treasury curve steepened sharply after the central bank said it will at least maintain the current rate of bond purchases.

Unofficially, the Dow Jones Industrial Average fell 282.86 points, or 1.04 per cent, to 26,989.44, the S&P 500 lost 17.12 points, or 0.53 per cent, to 3,190.06 and the Nasdaq Composite added 66.59 points, or 0.67 per cent, to 10,020.35.

“It seems like profit-taking is underway after the Fed didn’t deliver any new measures,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “It’s not as easy to

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The coronavirus has now killed more Americans than every war since the start of the Korean War—combined

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The coronavirus has infected nearly 2 million Americans and claimed 112,311 lives, according to data collected by Johns Hopkins University.

The 112,311 Americans killed by COVID-19 as of Wednesday is higher than the 104,404 troops killed in every war since the start of the Korean War. And soon coronavirus deaths in the U.S. will surpass the 116,516 American lives lost in World War I.

And COVID-19 has already killed more Americans than the 1968 pandemic, which claimed 100,000 lives. But it’s still far below the 675,000 killed by the 1918 Spanish flu.

The deaths resulting from this pandemic and soldiers killed in wars are two very different types of loss. But it does help to understand the sheer magnitude of the virus and its devastating effect … Read More