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World

Saturday, February 27, 2021

Sunak to give UK Infrastructure Bank 12bn stg of capital in budget
Europe

Sunak to give UK Infrastructure Bank 12bn stg of capital in budget

  • It said this will help the bank, which will launch in the spring and operate UK-wide, unlock billions in private finance to support 40 billion pounds of infrastructure investment.
  • "We are backing this bank with the finance it needs to deliver modern infrastructure fit for the 21st century and create jobs," said Sunak.
Updated 27 Feb, 2021 09:10pm
Myanmar ambassador to the United Nations has been fired
South Asia

Myanmar ambassador to the United Nations has been fired

  • Kyaw Moe Tun had told the UN General Assembly he was speaking on behalf of the ousted civilian government of elected leader Aung San Suu Kyi.
  • State television, MRTV, said he had "betrayed the country and spoken for an unofficial organization which doesn't represent the country and had abused the power and responsibilities of an ambassador".
Updated 27 Feb, 2021 09:10pm
UAE supports Saudi position on US Khashoggi report
Middle East

UAE supports Saudi position on US Khashoggi report

  • The UAE's foreign ministry "expressed its confidence in and support for the Saudi judiciary rulings, which affirm the kingdom's commitment to implementing the law in a transparent and impartial manner, and holding all those involved in this case accountable," WAM said.
Updated 27 Feb, 2021 09:09pm
South Africa seeks to lift infrastructure investment with change to pension fund rules
Africa

South Africa seeks to lift infrastructure investment with change to pension fund rules

  • Africa's most industrialised nation - the hardest-hit by the coronavirus pandemic on the continent - has put public works in sectors such as transport, energy and water at the heart of its economic recovery plans.
  • They also say overall investment in infrastructure across all asset categories may not exceed 45% of domestic exposure and an additional 10% for the rest of Africa.
Updated 27 Feb, 2021 09:09pm
Scottish Labour elects Anas Sarwar as new leader
Europe

Scottish Labour elects Anas Sarwar as new leader

  • Sarwar, a Glasgow member of the Scottish parliament (MSP), succeeds Richard Leonard who resigned in January.
  • I want to say directly to the people of Scotland - I know Labour has a lot of work to do to win back your trust because if we're brutally honest you haven't had the Scottish Labour party you deserve.
Updated 27 Feb, 2021 09:09pm
Biden White House asks ‘Trump who?’ ahead of speech to conservatives
USA

Biden White House asks ‘Trump who?’ ahead of speech to conservatives

  • "Our focus is certainly not on what President Trump is saying" at the Conservative Political Action Conference, White House Press Secretary Jen Psaki told reporters.
  • "Biden is obeying an old political rule, which is 'Never get in the way of a train wreck'," said Bob Shrum.
Updated 27 Feb, 2021 09:09pm
One killed and one wounded in oxygen explosion at Ukraine hospital
Europe

One killed and one wounded in oxygen explosion at Ukraine hospital

  • Earlier in February, three intensive care patients and a ward doctor died in a fire in a hospital treating coronavirus cases in Zaporizhzhya in southeastern Ukraine.
  • Ukraine has registered more 1.3 million coronavirus cases with 25,893 deaths so far. Chernivtsi is currently among the regions with most new COVID-19 cases.
Updated 27 Feb, 2021 09:08pm
Russian scientists say Sputnik V performs well against COVID mutations
Europe

Russian scientists say Sputnik V performs well against COVID mutations

  • "(A) recent study carried out by the Gamaleya Centre in Russia showed that revaccination with Sputnik V vaccine is working very well against new coronavirus mutations, including the UK and South African strains of coronavirus.
  • We believe that vector-based vaccines are actually better for future revaccinations than vaccines based on other platforms.
Updated 27 Feb, 2021 09:08pm
Military honours and fly-past mark funeral of Britain's Captain Tom
Europe

Military honours and fly-past mark funeral of Britain's Captain Tom

  • In the run up to his 100th birthday last year, he had been challenged to walk 100 laps of his garden to raise a modest 1,000 pounds.
  • In line with current pandemic restrictions, the funeral at Bedford Crematorium in central England was attended by just eight members of Moore's immediate family. It was televised, however.
Updated 27 Feb, 2021 09:08pm
Italy tightens COVID-19 curbs in several regions as cases pick up
Europe

Italy tightens COVID-19 curbs in several regions as cases pick up

  • Italy has established a four-tier colour-coded system (white, yellow, orange and red) which allows for measures to be calibrated according to infection levels, with assessments revised every week.
  • In these areas restaurants and bars are closed except for take-aways and people are not allowed to leave their towns except for emergencies, work and health reasons.
Updated 27 Feb, 2021 09:08pm
Myanmar police launch most extensive crackdown; one woman shot and wounded
Asia

Myanmar police launch most extensive crackdown; one woman shot and wounded

  • Police launched their most sweeping crackdown in three weeks of protests against military rule on Saturday in towns and cities across Myanmar, and one woman was shot and wounded and dozens of people were detained.
  • Three domestic media outlets said earlier that the woman shot in the central town of Monwya had died but an ambulance service official said she was in hospital. The circumstances of the shooting were not clear.
Updated 27 Feb, 2021 06:02pm
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