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Coronavirus update from Brazil, Hong Kong and Boris Johnson's UK

As economies reopen, what is the update with the pandemic?

We're no longer epicenter here in the United States or New York, it's now South America. It still feels like the epicenter is New York but no, we're moving along. Big challenges in terms of how those economies are going to respond to lockdowns as they move towards peak, are going to be much more impactful economically on those countries. They're going to need a lot more international support. It's going to be challenging for them to get it. In particular, Brazil, which is the new epicenter taking over from the United States. Has had some of the worst governance of any democracy in responding to this crisis. Massive infighting domestically between the president and governors, the blue state-red state issue, the president wanting to open up and cheerleading, and the governors who in Brazil are much more responsible for health care than they are for the economy in the eyes of the voters, they particularly, they want to actually keep lockdowns. The impact of all of this on individuals in Brazil is because they have a president who is saying this is all fake news, is they're not engaging in social distancing. That's led to a lot more people dying in Brazil. In fact, larger numbers of daily death count now in Brazil than the United States. It's why the US put the travel ban on non-Americans, of non-citizens, non-permanent residents coming back from Brazil.

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