Dentons Flashpoint - July 31, 2020

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In This Edition: The US economy contracted by 9.5 percent in Q2, a record decline. Hong Kong bars pro-democracy candidates from coming elections, drawing international criticism. The WHO warned of a spike in coronavirus cases throughout the Muslim world as a result of the Eid al-Adha holiday. A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

Vietnam, Japan, Hong Kong, Australia, and parts of China are all seeing a new surge in infections which many fear will become a more sustained second wave. Challenges in different countries reveal the obstacles to maintaining a virus-free nation and cast doubt on the durability of initially promising pandemic response strategies.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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