Overseas Headlines – June 1, 2020

United States:

Protests Hammer U.S. Cities Still Recovering From Lockdown

“The reopening of America was always going to be fraught, with competing fears of new virus outbreaks and economic meltdown. Now cities across the nation, from New York to Chicago to Los Angeles, are reeling from unrest that could worsen both.”

https://www.bloomberg.com/news/articles/2020-05-31/protests-hammer-u-s-cities-struggling-to-recover-after-lockdown?srnd=premium

Europe:

European Manufacturing Emerges From Lockdown With Italy in Lead

“Euro-area factories started down their long road to recovery after governments lifted lockdown restrictions, offering hope that the economy could return to growth in the coming months.”

https://www.bloomberg.com/news/articles/2020-06-01/european-manufacturing-emerges-from-lockdown-with-italy-in-lead?srnd=premium-europe

Asia:

China Halts Some U.S. Farm Imports, Threatening Trade Deal

“Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods including soybeans as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.”

https://www.bloomberg.com/news/articles/2020-06-01/china-halts-some-u-s-farm-imports-threatening-trade-deal?srnd=premium

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