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Average weekly cases fell or were even in all U.S. states and territories except Wyoming, according to the latest data from the U.S. Centers for Disease Control and Prevention.
Covid has killed more than 1,000 bank employees in India, which has declared banking services essential, a key industry body said.
France made headway with its vaccination campaign, with the country on track to have 20 million people inoculated on Saturday, local media cited Prime Minister Jean Castex as saying.
Germany’s infection rate fell further below a key threshold on Saturday, making it more likely that pandemic restrictions will ease in coming days as a third wave of the coronavirus recedes.
Key Developments
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U.S. Cases Continue to Decline (7:30 a.m. NY)
Overall infections in the U.S. continued their decline to the lowest levels since early autumn, even as the country recorded slightly more than 41,000 new cases on Friday, the most in a week, according to data compiled by Johns Hopkins University and Bloomberg.
As vaccines roll out at a steady if slower pace, average weekly cases were down or even in all U.S. states and territories except Wyoming, according to the latest data from the U.S. Centers for Disease Control and Prevention.
Fatalities also continued to decline, with another 746 deaths recorded, albeit at a slower rate than cases. Daily fatalities haven’t been above 1,000 in more than a month.
France Nears 20 Million Shot Milestone (6:40 p.m. HK)
France is set to reach a milestone of 20 million vaccinated with a first dose today, local media cited Prime Minister Jean Castex as saying during a visit to a vaccination center in Paris.
The next step is to have 30 million vaccinated with a first dose by mid-June, according to Castex. “The situation is improving,” he was cited as saying.
Hong Kong Has Local Untraceable Case (6:14 p.m. HK)
Hong Kong saw its first local untraceable case in a week on Saturday, from a four-year-old boy. About two dozen kindergarten students and teachers from the boy’s school located in Ho Man Tin will be sent to quarantine with their parents as a result, Department of Health official Chuang Shuk-kwan said at the daily virus briefing. The city also recorded two imported cases.
Iran Cases Fall for Fifth Day (6:14 p.m. HK)
The number of daily new cases in Iran fell for a fifth day to 7,723, the lowest since March 25. The country also recorded 200 fatalities overnight, the lowest in five weeks, taking the total death toll from the virus to 76,633 with over 2.7 million infections.
Bank Staff Dying in India (5:45 p.m. HK)
Indian banks have lost more than a thousand employees and many more are infected, S. Nagarajan, the general secretary of the All India Bank Officers’ Association, said on Saturday.
With more than 24 million people sickened in India and over 266,200 dead, most Indian states are in a lockdown with strict stay-at-home orders. But the banking sector is slotted as an essential service and is partially exempt from the lockdown orders.
Lenders are allowed in some cases to call as much as 50% of their workforce into branches to avoid any disruption in banking services.
Vietnam Sees First Death in 2021 (5:40 p.m. HK)
Vietnam reported its first death from Covid-19 this year on Saturday. An 89-year-old woman died after being treated for pneumonia caused by the virus at a Hanoi hospital, according to the health ministry. It was the nation’s first reported virus death since September, the ministry’s news website Suc Khoe Doi Song said.
The country confirmed 823 new domestic virus cases since April 27, taking the total number of local virus cases during the pandemic to 3,854, with 36 deaths.
Soldiers Deployed for Tests in English Town (5:02 p.m. HK)
Soldiers will be sent to the English town of Bolton to hand out tests on the street, according to The Times. The town’s infection rate has more than doubled in a week, with cases reaching 193 per 100,000 in the seven days to May 9, government data show.
Singapore Reports 19 New Local Cases (4:50 p.m. HK)
Singapore reported 19 new local virus cases on Saturday and 12 imported infections.
Checking in to a hotel room in Singapore, starting Sunday, could also mean agreeing to random checks from staff to ensure only two guests are in the room, a step one hotel in the Marina Bay area is asking customers to agree to.
People who breach the safety measures may be fined as much as S$10,000 ($7,506) or jailed for as long as six months, or both, according to the document given to staycationers at check-in.
Singapore is returning to lockdown-like conditions after seeing a rising number of untraceable virus infections. Bloomberg’s Derek Wallbank reports.
Source: Bloomberg
Moscow Cancels Popular Running Race (4:36 p.m. HK)
Cases in Moscow remained above 3,000 for a second day on Saturday, after jumping to the highest level since January on Friday. While President Vladimir Putin oversaw his annual Victory Day parade on Red Square last weekend, a popular running race through the Russian capital scheduled for this Sunday was canceled because of the epidemiological situation.
Deputy Mayor Anastasia Rakova said the virus situation remains tense and “the numbers don’t make us happy,” state news service Tass reported on Friday.
Germany’s infection rate falls further (4:16 p.m. HK)
Infections in Germany dropped to 87.3 per 100,000 people over the past seven days, the lowest level since mid-March, according to the RKI public-health institute. The country’s lockdown law allows curbs to be loosened if the incidence rate falls below 100 for five consecutive working days.
More than 30 million citizens, or 36.5% of the population, have received at least a first shot of Covid-19 vaccine, and more than 9 million are fully inoculated, Health Minister Jens Spahn said in a Twitter post.
Philippines Registers 6,739 New Daily Cases (4 p.m. HK)
The number of cases in the Philippines remained elevated, rising by 6,739, according to the latest update on Saturday, as the total number of deaths surpassed 19,000.
Czech Republic Reports 1,050 New Covid Cases (3:39 p.m. HK)
Infections in the Czech Republic slipped further. The country recorded 1,050 new daily Covid cases in the past 24 hours on Saturday, fewer than the 1,218 in the previous 24 hours and less than half the daily level seen at the start of May.
India Infections Maintain Downward Trend (1:50 p.m. HK)
India reported 326,098 new infections Saturday, keeping with a downward trend the past week after hitting an all-time high of more than 414,000 cases earlier this month, stirring hope the virus curve may have peaked in the Asian nation.
India’s total infection tally has now crossed 24 million while Covid-related deaths have exceeded 266,200, according to latest data from India’s health ministry. More than 180 million Covid vaccines have been administered in in the country so far, according to Bloomberg’s vaccine tracker.
Taiwan Tightens Curbs as Infections Rise (11 a.m. HK)
Authorities in Taiwan encouraged people to stay at home this weekend as a record 180 new local cases were reported on Saturday. Indoor family and social gatherings in Taipei will be limited to five people, while outdoor ones will be restricted to 10, they said.
The alert level for Taipei and New Taipei city will be raised until May 28, Health Minister Chen Shih-chung said in a briefing on Saturday. Schools and offices will remain open.
Thailand Reports New Cases (9:41 a.m. HK)
Thailand reported 3,095 new virus cases on Saturday, after registering a record 4,887 infections two days earlier. Since April 1 it has added 70,282.
Rakuten CEO Warns Against Olympics (9:22 a.m. HK)
Holding the Olympics as planned in Tokyo this summer would be like a “ suicide mission” because Japan has been so late in vaccinating its population, Hiroshi Mikitani, the chief executive of Japanese online retailer Rakuten Group Inc. said in an interview with broadcaster CNN.
Hiroshi Mikitani
Photographer: Keith Bedford/Bloomberg
Work to Reopen U.S.-Canada Border (9:11 a.m. HK)
Prime Minister Justin Trudeau’s government has begun preliminary internal discussions about reopening the border with the U.S., even as Canada remains well behind its neighbor in vaccinations.
Senior officials have begun to formally talk about options for how to proceed, three people familiar with the matter said, speaking on the condition they not be identified. One question under consideration is whether to employ a two-track system in which quarantine and testing requirements would be relaxed for vaccinated travelers.
Oklahoma Reports India Variant (6:15 a.m. HK)
Oklahoma has found a cluster of 17 cases of a virus variant first found in India, the state’s department of health reported. Among the cases, three people were fully vaccinated and two were partially vaccinated. The B.1.617.2 variant, which is also spreading quickly in the U.K., is not listed as a variant of concern by the U.S. Centers for Disease Control and Prevention.
— With assistance by Angela Cullen, Isabel Reynolds, Suttinee Yuvejwattana, Cindy Wang, Kari Soo Lindberg, Bhuma Shrivastava, Iain Rogers, Torrey Clark, Jack Wittels, Wes Goodman, Aaron Clark, John Boudreau, Ian Fisher, Arsalan Shahla, Angeline Benoit, and Anirban Nag
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Virus Outbreak: News and Analysis From May 15 - Bloomberg
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