Bloomberg New Zealand Prime Minister Jacinda Ardern announced a coronavirus alert system with escalating restrictions on human contact, travel and business operations as the risk of community transmission grows. In a televised address to the nation on Saturday, Ardern said New Zealand had moved to level two on the four-tier system, signalling the virus is contained but domestic transmission risks ...

Bloomberg UK Prime Minister Boris Johnson, US President Donald Trump and other leaders want to ramp up coronavirus testing. There’s just one problem: Providers of the diagnostics can’t make enough kits to keep up with demand. The UK will soon be testing 25,000 people a day for the virus, Johnson said at a press conference, and that could eventually rise ...

By now, it must be obvious to almost everyone that we can’t — and won’t — escape another recession. The coronavirus pandemic is pushing just about every major segment of the US economy into serious decline. Frightened consumers are cutting their purchases. Businesses have already curbed investment spending and, facing new uncertainties, are likely to retrench further. Global trade has ...