Editorial: The price of underestimating COVID: 500,000 dead

A year ago, the experts thought the worst-case scenario for COVID-19 was 240,000 deaths in the U.S. That wasn't the only way that we underestimated this virus.

Mexican president defends costly pet building projects

Vegan milk maker Oatly targets $10bn IPO

Oatly, the Blackstone-backed Swedish vegan milk maker, is eyeing a valuation as high as $10bn in a US listing that would tap into both the IPO boom and consumers’ growing thirst for plant-based alternatives to animal products. The Malmo-based group said on Tuesday that it had submitted a confidential filing for an initial public offering with the US Securities and Exchange Commission, less than a year after a funding round led by Blackstone also brought in Oprah Winfrey and Jay-Z’s Roc Nation company as investors, valuing Oatly at about $2bn. Two people briefed on the situation said it was looking at a New York listing with a valuation as high as $10bn.

Pretty, Please: Fruit-Inspired Beauty Finds and Beautiful Things for a Winter Lift

This roundup is full of delicacies: jam for a good cause, an artist's love letter to the Big Apple, and peach perfume with a carnal twist.Originally Appeared on Vanity Fair

EUR/USD Daily Forecast – U.S. Dollar Stays Under Pressure

Get to Know Serena Pitt From 'The Bachelor'

Coronavirus tracker: the latest figures as countries fight the Covid-19 resurgence | Free to read

The World Health Organization declared the outbreak a pandemic in March and it has spread to more than 200 countries, with severe public health and economic consequences. Latin America became the epicentre of the pandemic in the summer of 2020, with the region accounting for almost a half of deaths each day. The FT has gathered and analysed data on excess mortality — the numbers of deaths over and above the historical average — across the globe, and has found that numbers of deaths in some countries are more than 50 per cent higher than usual.