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Yahoo BusinessSep 18, 2020
French New Virus Cases Top 13,000 as Europe Lockdown Risk Rises
(Bloomberg) -- France's daily coronavirus cases surged the most since the end of lockdown in May and Prime Minister Boris Johnson said the U.K. is experiencing "a second wave," as Europe's infections raise the specter of the kind of large-scale curbs that crippled the economy in the second quarter.The Madrid regional government said Friday it will test 1 million people — about every seventh resident of the Spanish capital region — for Covid-19 over the next week to stem the surge in cases. U.K. cabinet members declined to rule out a short national lockdown. The jump in French infections by more than 13,000 on Friday was the most eye-catching figure among increases in Europe. Deaths in France increased by 123, the most for any day since May 18. Cases in Germany rose by 2,000, the most since late April. Spain's new infections slowed, but still rose by more than 4,500. From Ireland to Greece, Europeans headed into the weekend facing new curbs on public life, including the cancellation of much of Vienna's fall ball season. The Travel and Leisure Stoxx 600 Index closed 3.5% lower on Friday with airlines as the big losers. In Spain, which has the most cases in Europe, Regional President Isabel Diaz Ayuso banned non-essential movement in 37 hot spots in and around Madrid, the epicenter of the country's outbreak. "Another lockdown would be an economic disaster," Ayuso, who also announced the testing blitz, told reporters. "We need to use all means at our disposal to avoid it."Health officials blame the surge on so
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