Overseas Headlines – July 13, 2020

United States:

Americans’ Aversion to Mask-Wearing Is Holding Back the Economy

“The aversion of many Americans to wearing a thin piece of cloth across their faces is restraining an already-shaky economic rebound. In Texas, the second most-populous state and a hotspot of the resurgent Covid-19, Republican Governor Greg Abbott on July 2 ordered mask-wearing in a reversal of his earlier opposition to enforcement. He said on local television this week that face coverings will prevent “having our economy shut down again.”



France Primes Fresh Stimulus to Boost Jobs, Cut Taxes on Firms

“France will unveil “massive” support for youth employment this week and a new broad stimulus plan including tax cuts for companies at the end of August, Finance Minister Bruno Le Maire said. The measures will be in addition to emergency aid to protect jobs and companies during the lockdown and a series of support plans for sectors including tourism and auto and aircraft manufacturing.”



China Buying ‘Practically Zero’ Chilean Salmon After Covid Scare

“Chinese demand for Chilean salmon is “practically zero” after Beijing raised concerns about Covid-19 risks in imported seafood, according to industry group Salmon Chile. Even though Chinese officials indicated there were no official restrictions on Chilean salmon, consumers in the Asian nation remain wary after authorities initially traced an outbreak of the virus to a chopping board used by a seller of imported fish.”



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