The anti-racism protests in the United States continue in full force. President Trump has communicated that he wants to handle the issue with an iron fist, so to say, and has ordered local governments to impose curfews in each state where the riots have turned violent. Today there will be curfews in Washington, DC and New York City.
There has still been no word on the case of the police officers involved in the murder of George Floyd. Protestors have been asking for justice and want the police officers involved in the incident to be tried for homicide. The protests also address the issue of racially motivated police brutality which has claimed the lives of tens upon tens of unarmed black people in the US over the years without any sort of punishment for the police officers committing the offences.
Due to the large gatherings of crowds during the protests, health authorities in the United States have warned that there might be a spike in coronavirus infections, which could trigger a new outbreak.
For today’s update on the coronavirus pandemic, the numbers continue to climb higher, with the total number of cases close to 6.4 million. The United States has almost 1.9 million Covid-19 cases and over 100,000 deaths, beating the worst estimates about the pandemic. Brazil has over half a million, but Russia will likely catch up soon as it keeps declaring over 8,000 new coronavirus positive tests per day.
Despite all of the chaos around the world at the moment and the fear of a second pandemic, the stock markets today are holding their ground. So far, US indices are positive due to the country easing out of lockdowns and restarting its economy, not taking into account the disruptions the protests could cause.
Things are also looking up in Europe, where Germany is preparing up to 100 billion euro worth of stimulus measures for its own economy.
