Thursday Morning Briefing: Now Trump talks of coronavirus "attack"

What you need to know about the coronavirus today

Now Trump talks of coronavirus "attack"
The blame game rises: At a White House event on Wednesday, U.S. President Donald Trump called the pandemic the worst "attack" the country had ever experienced, and blamed China for not stopping it.

"This is worse than Pearl Harbor. This is worse than the World Trade Center," Trump said. "And it should have never happened. It could have been stopped at the source. It could have been stopped in China."

Domestic critics of President Donald Trump, who is seeking reelection in November, have said that while China has much to answer for in terms of its actions in the early days of the outbreak, the U.S. administration is seeking to deflect attention from what they see as a slow U.S. response.

Track the spread of the virus with this state-by-state and county map.

About as bad as it gets
The Bank of England said Britain could be headed for its biggest economic slump in over 300 years due to the coronavirus lockdown - worse than the fall-out from two world wars and pandemics such as the Spanish flu in the early 20th century.

Over 2020 as a whole, it saw output at risk of shrinking by 14%.
That would be an annual decline last seen in the early 1700s when Britain was beset by a major European war of succession, the aftermath of famine and what is known as the "Little Ice Age" - a period of colder weather that smashed crop production across Europe.


Second wave warning

As countries across the world start easing their lockdown restrictions, a senior German health official has warned there could be a second coronavirus wave before autumn, depending on people's behavior.

Case numbers are falling but this is not an all-clear signal, Lars Schaade, Vice President of the Robert Koch Institute for infectious diseases, said at a news conference.

France is due to outline easing measures later on Thursday, Britain on Sunday.

Russian surge
Russia's coronavirus case tally surged to 177,160 on Thursday after a record daily rise in infections, meaning it now has the fifth highest number of registered cases in the world and more cases than in Germany or France.

The number of new cases of the novel virus jumped by 11,231 in the last 24 hours, the country's coronavirus taskforce said. Russia's official death toll, which remains far lower than in many countries, rose to 1,625 after 88 people died overnight.

Musicals out, one-man plays in
Television can fake it, movie audiences can wear masks, but a live theater performance like "Romeo and Juliet" needs real actors kissing and fighting rivals in front of real people.

Expensive, risky and involving scores of people backstage and in audience areas, live theater may be the last performing art to bring up the curtain again, producers and actors say.

"We are living real-life stories in real time, in cramped quarters, sometimes on small stages, sometimes with lots of people," said Mary McColl, executive director of the actors union Equity in the United States.

"When we cry, there are tears, sometimes our noses run. Sometimes when we sing or are yelling, we spit and that lands on other actors, or it might land on the orchestra pit. And we are doing that eight times a week."

From Breakingviews: Corona Capital: BT, Glaxo, Beer, Supermarkets
Read concise views on the pandemic’s financial fallout from Breakingviews columnists across the globe.

Reuters reporters and editors around the world are investigating the response to the coronavirus pandemic.

We need your help to tell these stories. Our news organization wants to capture the full scope of what’s happening and how we got here by drawing on a wide variety of sources. Here’s a look at our coverage.

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Life under lockdown

African nations are facing a surge of COVID-19 cases with less than one intensive care bed and one ventilator per 100,000 people, a Reuters survey has found. Even in a best-case scenario, the continent could need at least 10 times the number it has now as the outbreak peaks, an analysis of researchers’ projections showed. Read the exclusive report.

Protesting COVID-style: masks optional, creativity essential. Outraged Polish women said it with umbrellas, locked-down Serbians banged pots from open windows and environmentalists did what they have always done - climbed a tree. But as they struggle to rekindle the spirit of protest in the age of coronavirus, despite lockdowns or bans on public gatherings, most demonstrators have sought to obey social-distancing rules.

Andrew Wong knew from an early age that running a restaurant required improvisation, having watched his parents steer their London Chinese restaurant through nearly 30 years of good times and bad. The Michelin-starred chef is now drawing on that experience, one of hundreds of high-end restaurant owners looking to take their “temples of gastronomy” to a wider audience while the coronavirus keeps diners away.

Our world re-engineered for social distancing. See the Reuters photo essay of how our world is being reorganized to help people comply with social distance guidelines.

Follow the money

Will Gilead price its coronavirus drug for public good or company profit?

Gilead Sciences faces a new dilemma in deciding how much it should profit from the only treatment so far proven to help patients infected with the novel coronavirus.

6 min read

U.S. unemployment rolls seen swelling as coronavirus restrictions bite

Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen.

5 min read

Nintendo smashes Switch sales view; says Animal Crossing is device's fastest-selling game

Japan’s Nintendo said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal Crossing: New Horizons shifted a record 13.4 million units in its first six weeks.

3 min read

AB InBev sees worse ahead, but some light in China

Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, although China was showing early signs of recovery.

4 min read

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