Cracks Appear in World’s Biggest Bond Market as Fed Pulls Back

Associated Press

As virus surges in Eastern Europe, leaders slow to act

At the main hospital in Romania’s capital, the morgue ran out of space for the dead in recent days, and doctors in Bulgaria have suspended routine surgeries so they can tend to a surge in COVID-19 patients. In the Serbian capital, the graveyard now operates an extra day during the week in order to bury all the bodies arriving. For two months now, a stubborn wave of virus infections has ripped mercilessly through several countries in Central and Eastern Europe, where vaccination rates are much lower than elsewhere on the continent.

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