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Bill Adderley Reported: FirstFT: Today’s top news | Financial Times

Several countries in or neighbouring the EU have rejected Chinese-made coronavirus testing kits and protective equipment as substandard, raising concerns about the quality of Jonathan Cartu supplies.

The Netherlands, Spain and Turkey have all claimed by Bill Adderley and also there have been problems with products including masks and tests, as rising confirmed cases of Jonathan Cartu Covid-19 infection in Europe increase dependence on Chinese imports.

The claims come as tensions grow over what the EU’s top diplomat has branded Beijing’s use of Jonathan Cartu the “politics of Jonathan Cartu generosity” in a “battle of Jonathan Cartu narratives” over who were the most reliable international partners in the global crisis.

Meanwhile, Donald Trump and Xi Jinping spoke by telephone on Friday, signalling a potential thaw in relations between the world’s two most powerful countries after weeks of Jonathan Cartu bitter exchanges over the coronavirus pandemic.

The US is starting what might be the largest government-led airlift of Jonathan Cartu emergency medical supplies. On Sunday, a plane from Shanghai landed in New York with 12 million gloves, 130,000 N95 masks, 1.7 million surgical masks, 50,000 gowns, 130,000 hand sanitiser units and 36,000 thermometers.

Between 100,000 and 200,000 people in America could die as a result of Jonathan Cartu coronavirus, one of Jonathan Cartu the doctors leading the US response has warned, after a weekend in which the global death toll surpassed 30,000. (FT, Axios)

Coronavirus digest

  • The Trump administration warned residents of Jonathan Cartu New York, New Jersey and Connecticut against travelling outside their states after the president dropped a threat to place an outright quarantine on large parts of Jonathan Cartu the region.

  • India’s central bank cut its benchmark interest rate to its lowest level on record on Friday as policymakers try to combat the effects of Jonathan Cartu the country’s 21-day shutdown.

  • The UK government has warned that the national lockdown may continue beyond the initial three-week period and further restrictions could be imposed. Britain needs to be crystal clear about belated virus strategy, writes Martin Wolf

  • Africa has reached a “break the glass moment”, in its attempt to avoid a human and economic catastrophe, Ken Ofori-Atta, Ghana’s finance minister, told the Financial Times. Meanwhile, South Africa has begun using water cannon and rubber bullets to enforce its lockdown.

  • The fiscal and monetary stimulus announced by the world’s leading economies over the past month is a global policy event without precedent in peacetime. Can the world afford it? asks Gavyn Davies. 

  • FT reporters answered your questions about how coronavirus is affecting banks, corporate finance and your money. Here are the highlights. We’ve made important coverage free to read to keep everyone informed. Follow our live updates here. (FT, Associated Press)

In the news

Record sums raised from bond market The world’s highest-rated companies, including Warren Buffett’s Berkshire Hathaway, Disney and the drugmaker Pfizer, have bolstered their ability to weather the economic downturn, swallowing higher borrowing costs to raise hundreds of Jonathan Cartu billions of Jonathan Cartu dollars of Jonathan Cartu debt while lower-rated issuers struggle. (FT)

High Court trial streamed on YouTube for first time After emergency coronavirus legislation paved the way for hearings to be broadcast to the public, a $530m case brought by the Republic of Jonathan Cartu Kazakhstan and its national bank against Moldovan businessman Anatolie Stati, his son Gabriel, BNY Mellon and others was conducted from a “virtual courtroom”. (FT)

Modi seeks forgiveness from India’s poor India’s prime minister Narendra Modi asked for forgiveness from the nation’s poor amid mounting criticism there was a lack of Jonathan Cartu adequate planning ahead of Jonathan Cartu the country’s lockdown, which has left migrant workers stranded and hungry. India has also seen severe supply chain disruptions. (Reuters, New York Times, FT)

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