Bloomberg - Evening Briefing - No end in sight

The delta variant of the coronavirus continues to infect and kill across the globe with no end in sight. There are close to 700,000 confirmed new infections and 10,000 fatalities each day. For a world that never agreed on how to respond to the challenges posed by Covid-19, the mutation has spelled accelerating misery and sorrow. New Zealand extended its lockdown, as did Sydney, while U.S. states that repudiated precautions, such as Florida and Texas, are using more than 90% of their intensive care capacity as more of the unvaccinated—and a small number of vaccinated—are sickened. Meanwhile, Apple told its employees not to return to the office until next year. Things aren’t a whole lot better on the vaccine front: Covid shots are less effective against delta. Maybe U.S. President Joe Biden should have been a lot tougher on implementing vaccine mandates, Jonathan Bernstein writes in Bloomberg Opinion.

What you’ll want to read this weekend

Biden’s defense of the U.S. military’s withdrawal from Afghanistan (in which he chose to abide by an agreement signed by the previous administration) was deeply unconvincing, Bloomberg’s editors write, but the question now is how can he minimize the damage? The region is in a wait-and-see mode as to whether the Taliban of 2021 are any different from the group that played host to Al Qaeda two decades ago.

Elon Musk unveiled a humanoid robot designed to take all the boring work out of everyday life. But the transition to completely autonomous, go-anywhere cars still remains a distant goal.

Elon Musk presents the Tesla Bot during the company’s AI Day livestream.

Source: Tesla Inc.

Parents are taking to trading platforms to introduce their kids—some as young as first grade—to financial markets, letting them trade $5 at a time. For Robinhood investors, this week has been a lesson in hubris.

Methane hunters are racing to slow the catastrophic march of global warming. India wants to grow its wild tiger population by 35%, which would protect forests while boosting economic gains from conservation.

A tiger at Alipore Zoological Garden in Kolkata, India.

Photographer: Dibyangshu Sarkar/AFP

It’s difficult to work out where to vacation this year, so Bloomberg’s Travel Reopening Tracker has done the hard work for you. An all-inclusive retreat in Jamaica with magic mushrooms is the new luxury, er, trip.

What you’ll need to know next week

  • New England braces for a potential direct hit by Hurricane Henri.
  • U.S. Vice President Kamala Harris visits Singapore and Vietnam.
  • The Fed will hold its annual Jackson Hole symposium—virtually.
  • Kathy Hockul replaces Andrew Cuomo as New York governor.
  • The Tokyo Paralympics get underway—sans spectators.

What you’ll want to read in Bloomberg Pursuits

European Cities Like the Lack of Drunk Tourists

Pandemic lockdowns meant fewer crowds, less garbage and a distinctly lower concentration of drunk and delinquent tourists across Europe. Now Amsterdam, Prague, Barcelona and Venice want to make some of those changes permanent. They want to mold visits into shapes less onerous for residents, and perhaps more lucrative for business. Call it curated tourism.

The iconic Piazza San Marco in Venice.

Photographer: Giulia Marchi/Bloomberg

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The storm approaches

Friday, August 20, 2021

Bloomberg Financial markets were rattled this week by speculation the global recovery could lose momentum just as central banks get ready to reduce support measures. Stocks did climb on Friday as dip

No more ICU beds

Thursday, August 19, 2021

Bloomberg America is again one of the worst hotspots for coronavirus infection on Earth. Covid-19 patients are dying in US hospitals at levels not seen since February—and the numbers are expected to

Biden turns to federal power

Wednesday, August 18, 2021

Bloomberg Despite the fact that much of the world is still waiting for a first shot, the US is moving ahead with booster shots for its adult population beginning in little more than a month. The

Booster shots are coming

Tuesday, August 17, 2021

Bloomberg While the situation at Kabul airport has calmed down since Monday, Afghanistan remains on edge, wondering what this latest iteration of the Taliban will do next. Former Afghan government

Chaos and panic

Monday, August 16, 2021

Bloomberg Scenes of panic and chaos are playing out all over Afghanistan as Taliban fighters solidify control of the capital, Kabul. The speed at which the Taliban moved through the country and the

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