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Lockdown could be worse than disease in poor countries

Instructing people to stay at home is to confine millions to cramped housing




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France to reallocate Africa aid money for fight against coronavirus 

Macron also backs calls for debt relief as he seeks to be seen as champion of continent’s interests




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Court suspends lockdown in Malawi

Ruling sets precedent in continent where poorest fear cure could be worse than the disease




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South Africa discusses lifting lockdown sector by sector

Ramaphosa administration wants phased reopening to limit damage to struggling economy




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‘Locust-19’ set to ravage crops across east Africa

Second wave of swarms expected just as farmers battle fallout from coronavirus




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Lockdown wines: the best whites to order from home

Since people are no longer paying restaurant margins, some reason they can spend a bit more at home




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Comcast rides broadband wave during lockdown

US cable company enjoys rising demand for high-speed internet but movie business suffers




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The top FT stories read by the legal world in the coronavirus lockdown

Litigation battles, fear turns to lawsuits, and a data security flaw




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How are your spending habits changing under lockdown? 

Join a live discussion with our FT Money editor at 12pm and 5pm UK time on Wednesday April 8




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Diamond sector grinds to halt as India’s lockdown bites

Restrictions in nation that processes 90% of world’s stones upend global industry 




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US proposes interim government to break Venezuela deadlock

Maduro regime rejects latest Washington plan despite fears of humanitarian catastrophe from Covid-19




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Bolsonaro sparks political feud over coronavirus lockdowns

Flashpoint between Brazil’s populist leader and political establishment over response to virus




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Denmark and Norway announce further loosening of lockdown

Cafés, restaurants and secondary schools to reopen in phased easing of restrictions




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Recipe box sales surge under lockdown

Consumers have been looking for something to do as well as something to eat




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What's behind India's lockdown of Kashmir?

The disputed Himalayan state of Jammu and Kashmir is in lockdown after India revoked its special status following a long running insurgency that led to thousands of deaths. Jyotsna Singh discusses what India plans to do next, and how neighbouring Pakistan, which also claims the territory, has reacted, with Amy Kazmin the FT's South Asia bureau chief.


Contributors: Jyotsna Singh, Delhi reporter, and Amy Kazmin, South Asia bureau chief. Producers: Jyotsna Singh and Fiona Symon

 

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World on lockdown, markets melt, hospitals suffer

The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.


Tuesday, March 17

Governments in all large western economies took drastic measures to limit public movement on Monday in an urgent effort to arrest the spreading coronavirus pandemic while US stocks plunged despite a set of emergency measures laid out by the Federal Reserve on Sunday. Plus, an analysis by the Financial Times finds that the UK and the US have key weaknesses in their healthcare systems which could trigger a collapse if put to the test by the outbreak. 

 

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Lockdown eases, central banks, oil, pharma and tech earnings

Start every week on the front foot with a preview of what’s on the global agenda




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Trump appointees vote to block US coal joint venture

Shares in Peabody Energy and Arch Coal fall sharply after regulatory action




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Britain’s electricity demand falls by a tenth in lockdown

Decline leads to a drop in wholesale prices as businesses close




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What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




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Architect of Sweden’s no-lockdown strategy insists it will pay off

Epidemiologist Anders Tegnell says other countries could face big ‘second wave’




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How to help the poorest through the lockdowns

Near-unconditional cash transfers are the most efficient form of relief




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US regulator grants exemption for drone flight during lockdown

Oil and gas company in Texas given approval to use unmanned aircraft to inspect vital infrastructure




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Watch brands move business online to beat lockdown

Pandemic forces rethink of luxury industry after cancellation of fairs




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Lockdown lunches: how to make French onion soup

Tim Hayward helps the FT's Daniel Garrahan turn his kitchen into a Parisian bistro




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Fannie and Freddie could need bailout if lockdown lasts

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks




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Slowly easing the lockdown and the rising costs

Boris Johnson will set his exit strategy on Sunday, but changes will be limited




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Brighton theatre fears lockdown could bring curtain down permanently

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased




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Plagues, paranoia and my very Tudor lockdown

Hilary Mantel’s lessons for a pandemic




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The detective work required to ease lockdown

We need more and better surveys from across the globe to help us take the right course




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Take me to the world … of lockdown entertainment

What is it that makes an online performance really sing?




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Lockdown wines: the best reds to order from home

Great value can be unearthed in some of the cheapest wines from impeccable producers




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Pension transfers under lockdown

Market volatility has temporarily halted the £80bn final salary transfer market, yet there is increased desire to cash in 




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Can I transfer my final-salary pension under lockdown?

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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Adidas says lockdown recovery will be ‘gradual rather than instant’

Sportswear maker warns sales could drop as much as 40% in second quarter




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Europe’s construction activity collapses as lockdown hits builders

Coronavirus damage to economy drives eurozone investor sentiment to a record low




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Eric Li: ‘How do you block a country of 1.4bn?’

The pro-Beijing venture capitalist on Trump, China’s rise — and Xi Jinping’s ‘little red app’




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A Biden presidency could not turn back the clock on Trump

It is an illusion to see victory for the former US vice-president as a geopolitical calendar reset




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How will the lockdowns end? FT journalists answer your questions

Andrew Edgecliffe-Johnson, Hannah Kuchler and Gideon Rachman assess the next stage of the coronavirus crisis




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Thermal coal prices collapse after virus lockdowns sap demand

IEA expects global consumption will decline 8% this year in largest drop since second world war




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Lockdown is exposing the folly of reckless financial strategies

Pension funds need to spend less time on ESG and get back to basics




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Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased

Thousands attend military parade in Belarus even as virus spreads rapidly in neighbouring Russia, UK airline industry warns of huge blow if travel quarantine is launched and Seoul closes down bars and clubs in wake of new cluster

Read more




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As Europe slowly unlocks, e-scooter startups, like Helbiz, are wooing with offers

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]




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Lockdown fitness

No gym? No problem. This series from FT Globetrotter has tips, workout routines and reflections on staying active during the coronavirus crisis, including the best moves for small spaces, to indoor cycling and much more




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The lockdown is driving people to Facebook

The quarantine lockdown is driving a record number of users to Facebook’s products. On a conference call, CEO Mark Zuckerberg disclosed a number of new metrics highlighting a significant bump in Facebook usage during the broader quarantine lockdown. In the past month, more than 3 billion internet users logged onto a Facebook service, including its […]




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Pinn’s Illustration of the week: Lockdown

Turning the key on the coronavirus crisis