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Archive

World

Thursday, February 11, 2021

Biden to call for US infrastructure revamp in meeting with lawmakers
USA

Biden to call for US infrastructure revamp in meeting with lawmakers

  • Biden has pledged to ask Congress this month for what he has referred to as "historic investments in infrastructure and manufacturing, innovation, research and development, and clean energy.
  • While the need for US infrastructure investment is regarded as a point of bipartisan consensus.
Published 11 Feb, 2021 08:50pm
Key ingredient for 2 million Chinese vaccine doses reaches Mexico
USA

Key ingredient for 2 million Chinese vaccine doses reaches Mexico

  • Ebrard said the active ingredient of the CanSino vaccine that arrived would be packaged in Mexico, and acknowledged Beijing's support in a statement on Twitter.
  • Mexican President Andres Manuel Lopez Obrador has said Mexico is expecting 6 million doses of CanSino's vaccine this month, with more expected in March.
Published 11 Feb, 2021 08:40pm
Countries taking new G20 debt relief path face Ethiopia-style downgrades: Fitch
Africa

Countries taking new G20 debt relief path face Ethiopia-style downgrades: Fitch

  • Fitch chopped Ethiopia's credit score by two notches this week after Addis Ababa signalled it could be the first with an international government bond to use a new G20 'Common Framework' plan.
  • It would be likely that any other countries applying under the G20 Common Framework would be considered along the same lines as Ethiopia.
Updated 11 Feb, 2021 09:28pm
Britain to take much bigger GDP hit from Brexit than the EU
Europe

Britain to take much bigger GDP hit from Brexit than the EU

  • Britain left the EU at the end of January last year, but kept its full access to the 27-nation bloc's single market until the end of 2020, when it was replaced by a trade agreement.
  • For the EU on average, the exit of the UK from the European Union on Free Trade Agreement terms is estimated to generate an output loss of around 0.5% of GDP by the end of 2022, and some 2.25% point for the UK.
Updated 11 Feb, 2021 09:27pm
Vaccinated people need not quarantine post COVID-19 exposure, CDC says
USA

Vaccinated people need not quarantine post COVID-19 exposure, CDC says

  • The US Centers for Disease Control and Prevention (CDC) said on Wednesday the vaccines have been shown to prevent symptomatic COVID-19.
  • Individual and societal benefits of avoiding unnecessary quarantine may outweigh the potential but unknown risk of transmission (among vaccinated individuals).
Updated 11 Feb, 2021 09:26pm
Rising waters in Indian Himalayas disrupt rescue bid in tunnel after avalanche
South Asia

Rising waters in Indian Himalayas disrupt rescue bid in tunnel after avalanche

  • Rescue workers have found the bodies of 36 people since Sunday's avalanche that tore through dams and swept away bridges in the Dhauliganga river valley of Uttarakhand state.
  • Some 171 people remain unaccounted for, most of them workers at the state-run Tapovan Vishnugad hydroelectric project and at the smaller Rishiganga dam.
Published 11 Feb, 2021 05:19pm
Trump's Twitter ban to remain permanent, even if he is re-elected: Twitter CFO
USA

Trump's Twitter ban to remain permanent, even if he is re-elected: Twitter CFO

  • Former President Donald Trump's Twitter ban will remain permanent, even if he is re-elected to office - according a senior executive from the social media company.
  • This news came as Trump's impeachment trial was taking place in the Senate, on charges that he incited an insurrection with his inflammatory exhortations at a rally in Washington, immediately prior to the breach of the Capitol Building by an aggravated mob on the 6th of January.
Updated 11 Feb, 2021 05:04pm
PM Khan's 'number one' goal in the region is peace with everybody: SAPM Dr. Moeed Yusuf
South Asia

PM Khan's 'number one' goal in the region is peace with everybody: SAPM Dr. Moeed Yusuf

  • In a recent interview, Dr. Moeed Yusuf, Special Assistant to the Prime Minister on National Security and Strategic Policy Planning, stated that the government's primary goal is to ensure that there is peace in the region.
  • Yusuf articulated that "Prime Minister's number one goal for the region is peace with everybody", adding that Pakistan's goal of attaining economic security is not possible without peace in the region.
Updated 11 Feb, 2021 02:48pm
US backs Japan concerns on China ships
World

US backs Japan concerns on China ships

  • Blinken's call comes as President Joe Biden promises to keep his predecessor Donald Trump's tough line on a rising China while also paying closer attention to allies.
Published 11 Feb, 2021 11:05am
Media blackout in Poland
World

Media blackout in Poland

WARSAW: Poland’s commercial TV and radio networks went off air on Wednesday and newspapers blacked out their front...
Updated 11 Feb, 2021 09:36am
German lockdown extended until March 7
Europe

German lockdown extended until March 7

  • German Chancellor Angela Merkel and leaders of the country's federal states have agreed to extend lockdown measures until March 7, according to a document outlining the agreement.
Updated 11 Feb, 2021 09:36am