Germany backs EU recovery fund, Gilead drug flops, Rana Foroohar on US austerity
FT News Briefing24 Huhti 2020

Germany backs EU recovery fund, Gilead drug flops, Rana Foroohar on US austerity

Germany is prepared to make a substantial financial contribution to help relaunch eurozone economies after the coronavirus pandemic, and the World Health Organization accidentally published documents yesterday showing that a potential antiviral drug for the coronavirus flopped in its first randomised clinical trial. Plus, the FT’s global business columnist, Rana Foroohar, argues that the economic ramifications of the coronavirus crisis will produce a new age of US austerity.

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A daily rundown of the global business news you need to know for the coming day. FT News Briefing starts Monday, October 15. Hosted on Acast. See acast.com/privacy for more information.

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