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Amid the uncertain situation due to the pandemic, a steep fall in oil prices and global financial market turbulence, emerging markets are facing record-high capital outflows. Many heavily indebted countries are finding it harder to service their debts, and have applied for assistance from the IMF. Some developing countries have limited policy capacity to cope with the health crisis, and they need more support from the international community, Zhu added.

Among the 30 works are iconic paintings on loan from museums in Vienna, Prague and the US as well as private collection, such as Nuda Veritas (1899), representing Klimt's response to the conservative views of the art establishment, Upper Austrian Farmhouse (1911) in his landscape style and The Virgin (1913), in which Klimt's use of color is on full display.

Amazon’s news comes days before the United Nation’s Climate Action Summit on Monday, and the start of the annual Climate Week in New York City, beginning on Tuesday. The events bring together leaders in industry, government and nonprofits.

Among other tidbits: Amazon CEO Jeff Bezos says in the company’s earnings release that Amazon now covers 25 percent of the U.S. population with Sunday delivery, in partnership with the U.S. Postal Service. See our previous FAQ on the rollout and how Sunday delivery works.

American Airlines said it may furlough as many as 20,000 employees this fall. Delta Air Lines said it will cut back on plans to increase flights this summer as demand for air travel collapsed during the pandemic.