Prognosis

Chile to Create Covid Fund; U.K. Deaths at Zero: Virus Update

WATCH: Singapore is likely to ease restrictions in mid-June as it sees a new outbreak driven by variants coming under control. Meanwhile, Hong Kong is allowing vaccinated directors and senior executives of major listed companies to travel globally more easily. Haslinda Amin and Stephen Engle report.(Source: Bloomberg)
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For the first time, the U.K. reported zero daily deaths of people within 28 days of a positive coronavirus test. In the U.S., New York City’s positivity rate dropped over the Memorial Day weekend to its lowest point since the pandemic began.

Chilean President Sebastian Pinera said in his annual speech to Chile’s congress that the government will create a $2 billion fund to finance the fight against Covid. Moderna Inc. became the second drugmaker to seek full U.S. approval for its vaccine.