Asia ramps up coronavirus curbs as new clusters erupt By Reuters

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© Reuters. The spread of the coronavirus disease (COVID-19) in Kathmandu

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By Colin Packham and Naomi Tajitsu

SYDNEY/TOKYO (Reuters) – Australian states tightened borders and restricted pub visits on Tuesday, while Disney prepared to close its Hong Kong theme park and Japan stepped up tracing as a jump in novel coronavirus cases across Asia fanned fears of a second wave of infections.

Many parts of Asia, the region first hit by the coronavirus that emerged in central China late last year, are finding cause to pause the reopening of their economies, some after winning praise for their initial responses to the outbreak.

Australia largely avoided the high numbers of cases and casualties seen in other countries with swift and strict measures, but a spike in community-transmitted cases in Victoria state and a rise in new cases in New South Wales has worried authorities.

South Australia cancelled plans to

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‘Spectacular numbers’: As the price of gold rises above $1,800, miners eye expensive Canadian projects

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In Canada, because of the favourable currency exchange rate, the price of gold stands at $2,407 per ounce — the highest ever on record.

Spot gold was up 0.6 per cent to US$1,808.75 per ounce on Monday.

The steady rise for gold, which began a year ago means that across Canada, gold projects that investors long shrugged off, met with nonchalance or ignored, such as Côté, are suddenly back in reach for chief executives, and the country could see a wave of new gold mines built in the coming months and years.

Even as other sectors struggle to absorb the economic shocks caused by the coronavirus pandemic, most gold mines in Canada have largely avoided any severe consequences, and managed to operate near full capacity through the pandemic, if not at full capacity with disruptions and work stoppages short-lived in most cases.

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Meet the millionaires who want to be taxed to pay for the coronavirus

Dozens of millionaires from the U.S. and six other countries have a message for their governments: “Tax us. Tax us. Tax us.”

Calling themselves the Millionaires for Humanity, more than 80 wealthy individuals — including Walt Disney Co. heiress Abigail Disney, former BlackRock Inc. managing director Morris Pearl, and Danish-Iranian entrepreneur Djaffar Shalchi — are petitioning for higher taxes on the rich to help pay for the billions in new government programs made necessary by the Covid-19 pandemic.

“Today, we, the undersigned millionaires and billionaires, ask our governments to raise taxes on people like us. Immediately. Substantially. Permanently,” according to the open letter. “We are not restocking grocery store shelves or delivering food door to door. But we do have money, lots of it. Money that is desperately needed now.”

Their missive, which comes ahead of this weekend’s Group of 20 meeting, isn’t the first such appeal. Even before … Read More