Mexico's death toll rises, but economy reopens
What pressures is the country under?
In Mexico the government is re-opening the economy despite an increase in the number of people dying with coronavirus. The overall Covid-19 death toll stands at 11,729. This week Mexico allowed its car industry to restart, partly after pressure from the United States.
Plus, many big American companies have expressed support for the demonstrations which followed the death of George Floyd after his arrest in Minnesota. The Βι¶ΉΤΌΕΔ’s Michelle Fleury reports on accusations of hypocrisy levelled against some of the firms, because of how few black people they employ in senior positions.
Also in the programme, we have an in-depth report on the challenges faced by India’s Bollywood movie sector, in recovering from estimated losses of $400m from the coronavirus crisis.
And - HSBC and Standard Chartered banks have backed China’s new security laws for Hong Kong. We get wider perspective from Ka-Wing Kwok, chairman of the Hong Kong Finance General Employee Union, which represents bank workers in the territory.
PHOTO: Mexican people wearing masks/EPA
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- Fri 5 Jun 2020 00:06GMTΒι¶ΉΤΌΕΔ World Service
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Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ