News Snapshot:
A priest walks in front of the body of a person who died of the coronavirus disease, as he collects woods to make a funeral pyre at a crematorium in New Delhi, India, on July 3, 2020. Anushree Fadnavis/Reuters The IMF has cut its estimate for Asian economic growth to -2.2% for 2020, down 0.6% from it last forecast in June, citing steep contractions in India, Philippines and Malaysia. The fund upgraded its outlook for China, raising its growth forecast for this year to 1.9%, up 0.7% from a previous estimate. Recovery rates in countries that imposed effective confinement and...
