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Brazil on Friday claimed the unenviable position of having the second-highest coronavirus death toll worldwide behind the United States, where several states have posted record daily case totals, signaling the crisis is far from over.

US and European stocks ended the week on an upswing after a rout sparked by the US data and fresh evidence of the economic damage caused by virus-related lockdowns, with British GDP shrinking by a record 20.4 percent in April.

Meanwhile, in several European countries, the focus shifted to the courts, and who might eventually be pinned with the blame for