India Cases Reach 5 Million; Trump’s Vaccine Claim: Virus Update

India Cases Reach 5 Million; Trump’s Vaccine Claim: Virus Update

A Pfizer Inc. vaccine trial showed promising safety signs after more than 12,000 people received their second of two doses. President Donald Trump said a coronavirus vaccine may be ready within four weeks.

Thailand will start issuing special visas to foreign visitors starting in October, easing a ban that has hit its tourism-reliant economy.

JPMorgan Chase & Co. sent some Manhattan traders home after an employee tested positive, highlighting the challenges of New York City’s reopening.

India Cases Surge

India’s virus cases reached the 5-million mark, lagging behind only the U.S. in global tally. The virus has been spreading in India at one of the fastest paces in the world, with as many as 95,000 cases added daily. India has the third-highest death toll from Covid-19, behind the U.S. and Brazil.

The real number of infected and dead in India from Covid-19 is likely far higher than the official numbers, due to under-reporting and inadequate testing. A nationwide serological survey released last week suggested that more than six million people were infected as early as May.