It’s easy to feel that there’s no light at the end of the Covid-19 tunnel. Europe’s intensive care wards are filling up again, pushing France and Germany into a fresh round of stay-at-home restrictions and lockdowns — albeit ones designed to be softer than the first. Even countries hit hard by the first wave, such as Italy and Sweden, are seeing rising cases, suggesting herd immunity is a long way off.

The US looks to have given up on controlling the pandemic until a vaccine arrives...

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