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Food help to Africa strained as Covid-19 adds to hunger

Bloomberg Fatou Fofana used to be able to support herself, her baby daughter and two other children by selling spices and stock cubes on the outskirts of Abidjan, Ivory Coast’s biggest city. But measures to contain the coronavirus have reduced her earnings to about $2 a day, leaving her reliant on local food aid to survive. The 39-year-old’s market stall ...

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Third of Russians don’t believe in virus pandemic

Bloomberg Nearly a third of Russians believe that the threat from the coronavirus crisis has been massively overblown, according to an opinion poll published on Thursday. More than 23% dismiss the pandemic as the invention of people who have an interest in promoting such a myth, showed the survey of 7,600 people from across Russia conducted on May 21-26 by ...

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Banks in Denmark may face a $24 billion capital shortfall

Bloomberg Several of Denmark’s biggest banks will see their so-called bail-in buffers come under intense pressure as the Covid-19 crisis triggers an historic economic slump. Stress tests published by the Danish central bank show that lenders may need to issue as much as 160 billion kroner ($24 billion) until 2022 to maintain a layer of capital known as MREL, which ...

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