Investors get hope, Italy is isolated, Rana Foroohar | Instant News

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US stocks and global equities surged Monday as investors took heart from signs that a coronavirus outbreak might be stable in some of the hardest-hit countries. In addition, with the death toll of more than 16,000 people and its economy going through the deepest recession in its modern history, Italy is grappling with a lack of aid from its European neighbors. FT Miles Johnson explained that the Italians felt betrayed by how some countries responded to their suffering ..

Plus, FT’s global business columnist, Rana Foroohar believes that the private and public sectors – but most of the private sector – need to invest in an increase in broadband because locking causes internet usage to increase.

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