In This Edition

Key Takeaways

In a boost to the travel industry, the US lifts its blanket international travel warning after five months. A South Korean study finds 30 percent of cases are asymptomatic but still infectious. Amid a blackout because of no electricity, countered by security forces deploying tear gas, Lebanese protestors call for “revolution.”

Condition Updates

A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

Oil Markets Update

As major oil companies reckon with the second quarter impact of the pandemic and the heightened possibility of depressed prices over a longer period, analysts predict an acceleration in existing trends such as the shift towards higher quality assets.

Country in Focus: The Philippines

Amid a spike in coronavirus cases, Manila and surrounding districts re-entered lockdown this week, a development that threatens to derail economic recovery. Rising potential for social unrest has led some analysts to cast doubt on the continued popularity of President Duterte, who, in addition to facing economic crisis, has come under international criticism for heavy-handed enforcement of quarantine and recent moves targeting press freedom.

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