While coronavirus has halted large-scale live music events like summer music festivals and stadium tours, one U.K. racetrack is converting itself into the first “dedicated socially distanced venue.” The Virgin Money Unity Arena in Newcastle, England will modify the city’s racetrack to accommodate 500 viewing platforms, with a maximum of attendance of 2,500 people allowed. Each viewing station, positioned to ...
The European Council President is expected to propose a more modest EU budget this week. The Council is hoping EU leaders will agree to it at a summit later this month but wrangling over how best to help the weaker members from the Covid-19 pandemic will likely continue. Unless the EU governments can sort out their disagreements soon, a drop is likely in EUR/USD in this year’s third quarter. more...
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