Your Weekend Reading: Inside India’s Terrible Fight Against Covid-19

India’s spiral into the Covid-19 abyss could threaten the world’s pandemic recovery. Emergency rooms there are experiencing wartime conditions and crematoriums are overwhelmed while one senior doctor said the pandemic hasn’t even peaked yet. Some of the rich have fled by private jet while those who stay have their own exclusive bubbles. With less than 2% of India’s population of 1.3 billion fully inoculated, people desperate for shots crashed a government-run website. Global corporate giants and other nations have begun sending medical aid, though it seems to have had little immediate effect.

U.S. President Joe Biden’s vision for government is winning over hearts and minds. For many rich Americans, early retirement is on the agenda after an unprecedented surge in asset values. But financial advisers are telling the 0.1% to buckle up, because the restoration of taxes cut by Republicans, and the introduction of some new ones, could be headed their way.

New York City is set to fully reopen by July 1, but America’s largest city needs to get more people on the subway for it to work, Bloomberg Opinion’s Brian Chappatta writes. Andrew Yang, a front-runner in the race for New York mayor, vowed to tackle increasing anti-Asian violence there.