"Fancy yourself in a car which you do not know how to steer and cannot stop, with an inexhaustible supply of petrol in the tank … on an island strewn with rocks and bounded by cliff precipices! That is what living under capitalism feels like when you come to understand it." … [Read more...] about Is capitalism a runaway car veering off a cliff?
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Swedish Foreign Minister Ann Linde said excluding the country from moves to open borders across the Nordic region would be a political decision and not justifiable on health grounds. … [Read more...] about Sweden has more coronavirus deaths per capita than any country in world this week – after refusing to impose lockdown
Countries being mooted as potential destinations under the "holiday corridor" proposals include Portugal, Spain, Italy, Turkey and Greece. … [Read more...] about Norway and Denmark ban Swedish tourists as neighbour has world’s highest per-capita death rate after shunning lockdown
Sales were down 7.5% in April - better than March - but nowhere near where they need to be for the economy to be running on full cylinders. Many Chinese people are still worried about a second wave of infection, and they're not spending as much as they used to. … [Read more...] about How bad are China’s economic woes?
More from Covid-19 Coronavirus: Fraud victims have lost more than £4.6m to virus-related scams Nationwide profits tumble by 40% with £101m coronavirus hit Coronavirus: Business confidence sinks to 2008 financial crash low, Lloyds survey shows Coronavirus: Chancellor to ask employers to pay 20% of workers' wages - reports Coronavirus: Rehab for 'traumatised' COVID-19 survivors after infections pass peak Car manufacturing at lowest point since Second World War … [Read more...] about Coronavirus: South Korea forced to close schools again after spike in new COVID-19 cases