Jul 6, 2017

Trump targets Russia in Warsaw speech

Evan Vucci / AP

President Trump took a hard line against Russia during his speech in Warsaw, Poland, today ahead of the G20 Summit. His highly-anticipated sit-down meeting with Russian President Vladimir Putin is tomorrow.

"We urge Russia to cease its destabilizing activities in Ukraine and elsewhere and its support for hostile regimes, including Syria and Iran," he said. Trump later added the U.S.' need to fight against "new forms of aggression, including propaganda, financial crimes, and cyber warfare."

Why it matters: A few reasons, namely involving the Russia-Syria issue. After annexing Crimea in 2014 following a strong military presence in Ukraine, Russia has helped Syrian President Bashar al-Assad's regime maintain its power throughout the civil war. Sec. State Tillerson said the U.S. will consider instating no-fly zones in Syria to help Russia's counterterrorism efforts, which will be a larger topic of discussion during Friday's Trump-Putin meeting.

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U.S. coronavirus updates: Death toll tops 10,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 10,000 in the U.S. on Monday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday this week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

Go deeperArrowUpdated 34 mins ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 1,341,907 — Total deaths: 74,476 — Total recoveries: 275,851Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 364,723— Total deaths: 10,781 — Total recoveries: 19,346Map.
  3. 2020 update: Wisconsin governor orders in-person primary voting delayed until June.
  4. States latest: West Coast states send ventilators to New York and other states with more immediate need — Data suggest coronavirus curve may be flattening in New York, Gov. Andrew Cuomo said.
  5. World update: U.K. Prime Minister Boris Johnson moved to intensive care as coronavirus symptoms worsen.
  6. Stocks latest: The S&P 500 closed up 7% on Monday, while the Dow rose more than 1,500 points.
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Wells Fargo's small business surprise

Illustration: Aïda Amer/Axios

Wells Fargo surprised small business owners late Sunday when it said that it had run out of money to lend to small businesses under the Paycheck Protection Program (PPP), the federal stopgap for COVID-19 relief.

  • But an announcement by the Federal Reserve today might quell concerns for the customers who will be hard-pressed to apply for cash elsewhere.

Why it matters: Because of restrictions placed on Wells Fargo after its fake accounts scandal, one of the nation's biggest lenders says it has to turn away struggling small business customers.