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South Korea limits entry for foreigners over virus cases

Bloomberg South Korea’s health authorities will limit the entry of foreigners from some countries where Covid-19 infections are surging through a temporary restriction on flights and visa issuances. With the exception of important business trips or visits by government officials, Korean authorities will restrict issuance of visas “as much as possible,” and put a temporary ban on non-scheduled flights from ...

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German economy should have worst behind it: Weidmann

Bloomberg Germany’s economy is probably past the worst of the fallout from the coronavirus, Bundesbank President Jens Weidmann told Frankfurter Allgemeine Zeitung in an interview. “In the last few months we’ve had the sharpest economic deterioration in the history of the republic,” FAZ cited Weidmann as saying in an excerpt of the interview. “The good news is that the low ...

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Trump administration agrees to disclose details of PPP loans

Bloomberg The Trump administration, following a backlash, said it would release details about companies that received loans of $150,000 or more from a coronavirus relief program for small businesses. Treasury Secretary Steven Mnuchin said last week the firms that got billions of dollars in taxpayer-funded aid wouldn’t be disclosed, sparking fury from Democrats and others. In a joint statement, the ...

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