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COVID-19 Weekly Digest: October 28, 2020

Escalating restrictions in response to Europe’s second wave of COVID-19 have started to affect economic and financial market confidence. A new study by S&P Global Ratings considers the broader implications and risks of surging debt levels resulting from the pandemic. Risks have risen, but a near-term crisis is unlikely. With the U.S. presidential election less than a week away, there’s a lot stake for the world’s biggest economy.