A woman wears a face mask as she walks up St. Mary Street on October 19, 2020 in Cardiff, Wales. Wales will go into a national lockdown from Friday until November 9.

Matthew Horwood | Getty Images News | Getty Images

SINGAPORE — Economies around the world are increasing movement restrictions as they continue to fight the coronavirus pandemic, and that’s a “major downside risk” for the fourth quarter, according to Swiss bank UBS.

“Forget about the U.S. elections or fiscal stimulus — restrictions creeping higher is the single biggest near term risk to the outlook,” economist Arend Kapteyn wrote in a note dated Oct. 19.

“If countries start to impose ‘circuit breaker’ lockdowns that last just several weeks, that may already be enough to turn a positive (fourth quarter) growth rate negative,” he said.

The phrase “circuit breaker” has become popular in the U.K. and refers to a short but strict lockdown intended to break the chain of infection.

There have been more than 40.6 million cases of the coronavirus worldwide, and at least 1.12 million people have died, according to data compiled by the Johns Hopkins University.

Increasing restrictions

Various economies including France and the Netherlands have tightened

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When Terry Mutter woke up with a headache and sore muscles on a recent Wednesday, the competitive weightlifter chalked it up to a hard workout.

By that evening, though, he had a fever of 101 degrees and was clearly ill. “I felt like I had been hit by a truck,” recalled Mutter, who lives near Seattle.

The next day he was diagnosed with COVID-19. By Saturday, the 58-year-old was enrolled in a clinical trial for the same antibody cocktail that President Donald Trump claimed was responsible for his coronavirus “cure.”

“I had heard a little bit about it because of the news,” said Mutter, who joined the study by drugmaker Regeneron to test whether its combination of two man-made antibodies can neutralize the deadly virus. “I think they probably treated him with everything they had.”

Mutter learned about the study from his sister-in-law, who works at Seattle’s Fred Hutchinson Cancer Research Center, one of dozens of trial sites nationwide. He is among hundreds of thousands of Americans — including the president — who’ve taken a chance on experimental therapies to treat or

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President Donald Trump on Monday said the government’s top pandemic fighter, Dr. Anthony Fauci, is a “disaster” — and possibly an “idiot” — as he claimed that Americans are “tired of” Covid-19, even as the number of coronavirus cases continued spiking in much of the United States.

“People are tired of Covid,” Trump said in a call with the staff of his reelection campaign against former Vice President Joe Biden, the Democratic nominee.

“People are tired of hearing Fauci and all these idiots, all these idiots who got it wrong,” Trump said on the call.

Trump also claimed that “every time [Fauci] goes on television there’s always a bomb,” an apparent reference to Fauci’s media appearances, which included him telling CBS’s “60 Minutes” on Sunday night that he was “absolutely not” surprised that Trump himself caught the coronavirus.

But Trump also offered an explanation for why he has not fired Fauci as director of the National Institute of Allergy and Infectious Diseases, despite his unhappiness with him.

“There’s a bigger bomb if you fire him,” Trump said. “This guy’s a disaster.”

The president at another point called Fauci a “nice” man, but in a backhanded way.

“He’s been here

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A woman heads towards a departure gate at the Hong Kong International Airport.

Christian Keenan | Getty Images

SINGAPORE — Leisure travel between Hong Kong and Singapore could resume in the coming weeks as both cities work to set up a bilateral “travel bubble” that will allow travelers to forgo quarantine.

The two cities — both major business and financial centers in Asia — have suffered economically as the coronavirus pandemic hit tourism and the aviation sector.

But the arrangement will not bring travel volume between the two cities back to what it was before the pandemic, when several flights ploughed the Hong Kong-Singapore route every day, said Edward Yau, Hong Kong’s secretary for commerce and economic development.

“The concept of the bilateral corridor, what’s commonly called air travel bubble, must be one that ensure safety, public health on the one hand; and also facilitating traveling as much as possible,” Yau told CNBC’s “Squawk Box Asia” on Monday.

Specific details of the travel bubble and its start date are still being worked out, but the secretary said the two cities could start with one flight a day. The flight will only ferry passengers traveling under the bubble between Hong Kong

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Senate Majority Leader Mitch McConnell (R-KY) walks to his office on Capitol Hill in Washington, September 10, 2020.

Joshua Roberts | Reuters

The Senate will vote on a $500 billion coronavirus stimulus bill on Wednesday, Senate Majority Leader Mitch McConnell said Saturday, as a larger bipartisan deal remains elusive despite continued talks between top Democrats and the Trump administration.

McConnell blamed his opponents across the political aisle for the current stalemate, arguing that the Senate has enough time to pass the GOP stimulus package and confirm Supreme Court nominee Amy Coney Barret if “Democrats do not obstruct this legislation.”

“Nobody thinks this $500B+ proposal would resolve every problem forever,” McConnell said in a statement on Saturday. “It would deliver huge amounts of additional help to workers and families right now while Washington keeps arguing over the rest.”

Democrats have accused McConnell of pushing ahead with Barrett’s confirmation instead of focusing on passing stimulus legislation. Democrats blocked a $500 billion Republican plan in the Senate last month and will likely dismiss the latest GOP proposal as insufficient.

The chances of Congress passing new aid before the Nov. 3 presidential election have dimmed as the Senate GOP plan is more limited than

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Amazon employees are told they can get health care on call

Amazon Care, the company’s online medical clinic for its own employees, is trying to hire half a dozen people in business development roles to “build and grow relationships with commercial and public sector enterprises.” Most of the roles were posted in the past month.

By building a business development team, the company is signaling an intention to go broader than its own employees. Amazon has a history of developing products that it tests out on its own workforce before expanding to a broader population.

Moreover, a person familiar with the business unit’s plans told CNBC that Amazon Care has started reaching out to health plans and employers in the Washington area to discuss opportunities to expand beyond its own employees. The plans are in an exploratory phase and may not result in expansion.

Amazon Care, which launched as a pilot in the fall of 2019, offers a virtual medical clinic for employees and their dependents in Washington state. The goal is to make it easier to access high-quality primary care online, and at-home visits are also available in some areas.

Amazon has increasingly moved into the medical

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