An employee serves coffee wearing a face shield and gloves at a cafeteria in San Sebastian as Spain moves towards easing its strict lockdown. – AFP pic, May 12, 2020.
FEARS of a second wave of coronavirus infections in some parts of the world weighed on equities today, bringing a dose of hard reality to markets after weeks of rallies fuelled by the easing of lockdown measures and hopes for economic recovery. As some of the worst-hit countries including Spain, Italy and France take heart from slowing death and infection rates, they are gradually allowing businesses to open up and try to get back to some semblance of normality.
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