On March 18, 2021, people walk along Ocean Drive in Miami Beach, Florida.

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Here’s what you need to know about today’s markets.

• Miami Beach, Florida After an inflow of spring breakers turned into “like a rock concert, wall-to-wall people spanning blocks and blocks,” Mayor Dan Gelber announced a state of emergency and imposed an 8 p.m. curfew through Tuesday. Outsiders are also prohibited from entering the city’s entertainment district beginning at 9 p.m. each night. “Too many people are coming here without the aim of following the regulations, and the result has been a degree of mayhem and disruption that we cannot bear,” Gelber told CNN’s Ana Cabrera, adding, “If you’re coming here to go crazy, go somewhere else.” “You are not welcome here.” Since Feb. 3, more than 900 people have been arrested in the city, with more than 300 of them facing felony charges. More than half of those arrested were from out of state.
Florida Governor Ron DeSantis has described the state as a “oasis of freedom” from pandemic regulations, and the state has never required residents to wear masks. • Residents of Evanston, Illinois, will vote on disbursing the city’s first round of reparations on Monday. If approved, the city will be the first in the United States to do so. In an effort to remedy years of redlining and other racist housing laws, city council members will vote Monday to issue the first $400,000 in $25,000 grants to qualifying Black citizens for housing costs, including down payments, home upgrades, and mortgage payments. The Chicago suburb has pledged $10 million over the next ten years to the project, which will be funded by a recreational marijuana sales tax and community donations. “The most acceptable legislative response to historic behaviors and existing situations of the Black community is reparations,” said Robin Rue Simmons, the Evanston alderman who proposed the legislation that was passed in 2019. If they or their ancestors resided in Evanston between 1919 and 1969, or if they can demonstrate how they were harmed by the city’s housing policies, black residents are eligible. Some have already criticized the attempts for being too limited in scope, while others have argued that they are long overdue. The House of Representatives is debating a plan to establish a national reparations commission, while towns such as Chicago, Providence, Rhode Island, Burlington, Vermont, Asheville, North Carolina, and Amherst, Massachusetts have already begun their efforts. Last Monday, the Jesuit order of Catholic priests announced a $100 million donation to support descendants of those who were enslaved by the Jesuits. • A GoFundMe for the children of an Atlanta spa shooting victim has garnered more than $2.6 million. As of 12:30 p.m. on Sunday, Randy Park’s GoFundMe site has raised $2,690,120 from more than 70,000 people to help him and his brother after his mother, Hyun Jung Grant, and seven others were slain in the Atlanta spa killings on Tuesday. Park, 23, launched the GoFundMe account and requested $20,000 to aid with rent, food, utilities, and burial expenses. “To all of you who have given any amount of money… People I will almost certainly never meet, hear, or thank. He wrote on Friday, “This is merely a change in my life.” “I shall be grateful for the rest of my life for what has effectively given my family a second chance.” Despite the fact that the shootings were not classified as a hate crime by police, President Biden called on Congress to approve Covid-19-related hate-crime legislation on Friday. According to the Center for the Study of Hate and Extremism at California State University, San Bernardino, anti-Asian hate crimes increased by 149 percent in more than a dozen locations in 2020. To contact the editors at Barron’s, send an email to editors@barrons.com.
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