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Archive

World

Thursday, March 11, 2021

Argentina's Guzman to meet IMF's Georgieva this month: IMF
USA

Argentina's Guzman to meet IMF's Georgieva this month: IMF

  • The fund and the South American country are engaged in conversations to replace a failed program for which Argentina currently owes the IMF over $45 billion.
  • Guzman will travel to Washington and will meet with IMF staff on March 23 and 24, IMF spokesman Gerry Rice said, adding that there is currently no timeline for these negotiations.
Updated 11 Mar, 2021 10:04pm
UK's Sunak says he does not favour a debt-to-GDP target
Europe

UK's Sunak says he does not favour a debt-to-GDP target

  • "It's probably right to think more about trajectories of debt levels, building resilience for future shocks and the affordability of that debt," Sunak told parliament's Treasury Committee.
  • Sunak's budget plan included no new budget rules which previous governments have set to show investors how they plan to bring down debt.
Updated 11 Mar, 2021 10:04pm
CVS expands COVID-19 vaccination program across 29 US states
USA

CVS expands COVID-19 vaccination program across 29 US states

  • The company, which has administered nearly 4.5 million COVID-19 vaccine doses so far through the Pharmacy Partnership for Long-Term Care Program, said appointments for the newly added states will be available from March 13.
  • We're increasing the number of active stores and expanding to additional states as fast as supply allows, with the capacity to administer 20-25 million shots per month.
Updated 11 Mar, 2021 10:03pm
Spain to keep using AstraZeneca vaccine, no blood clot cases reported
Europe

Spain to keep using AstraZeneca vaccine, no blood clot cases reported

  • She spoke shortly after Danish health authorities announced that they had suspended using the vaccine produced by Anglo-Swedish firm AstraZeneca after several cases of blood clots, including one death.
  • "There's been a slow but constant rhythm of decrease," Catalonia's chief health officer Alba Verges told a press briefing.
Updated 11 Mar, 2021 10:02pm
Sweden registers 5,300 new COVID-19 cases, 23 deaths on Thursday
Europe

Sweden registers 5,300 new COVID-19 cases, 23 deaths on Thursday

  • The country of 10 million inhabitants registered 23 new deaths, taking the total to 13,111. The deaths registered have occurred over several days and sometimes weeks.
  • Sweden's death rate per capita is many times higher than that of its Nordic neighbours' but lower than in several European countries that opted for lockdowns.
Updated 11 Mar, 2021 10:02pm
Italy's medicines authority bans a batch of Astrazeneca's vaccine
Europe

Italy's medicines authority bans a batch of Astrazeneca's vaccine

  • Aifa said that the move was "precautionary" as no link between the inoculation of the vaccine and these events had been established to date.
  • The agency is carrying out all required checks and the batch will be analysed by Italy's Superior Health Institute ISS, it added.
Updated 11 Mar, 2021 10:01pm
Sudan secures Saudi promise to deliver $1.5bn in pledged aid
Africa

Sudan secures Saudi promise to deliver $1.5bn in pledged aid

  • There was no immediate comment from the Saudi finance ministry or from the Saudi government communications office CIC.
  • Saudi Arabia and the United Arab Emirates promised $3 billion in aid to Sudan in April 2019, just after the military toppled former Sudanese leader Omar al-Bashir following months of street protests.
Published 11 Mar, 2021 07:30pm
US weekly jobless claims fall more than expected
USA

US weekly jobless claims fall more than expected

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 712,000 for the week ended March 6, compared to 754,000 in the prior week, the Labor Department said on Thursday.
  • That, together with nearly $900 billion in additional pandemic relief money advanced by the government in late December, fired up consumer spending and hiring in February after declining in December.
Published 11 Mar, 2021 07:19pm
UK pushes back timetable for post-Brexit border checks
Europe

UK pushes back timetable for post-Brexit border checks

  • Although we recognise that many in the border industry and many businesses have been investing time and energy to be ready on time, and indeed we in Government were confident of being ready on time, we have listened to businesses who have made a strong case that they need more time to prepare.
Published 11 Mar, 2021 07:12pm
Denmark, Norway temporarily suspend AstraZeneca COVID shots after blood clot reports
Europe

Denmark, Norway temporarily suspend AstraZeneca COVID shots after blood clot reports

  • The move comes after Austria stopped using a batch of AstraZeneca shots while investigating a death from coagulation disorders and an illness from a pulmonary embolism.
  • "It is currently not possible to conclude whether there is a link. We are acting early, it needs to be thoroughly investigated," Health Minister Magnus Heunicke said on Twitter.
Published 11 Mar, 2021 07:09pm
Jordan blocks Netanyahu's 'planned flight' to the UAE
Middle East

Jordan blocks Netanyahu's 'planned flight' to the UAE

  • Jordan is blocking Prime Minister Benjamin Netanyahu's planned flight to the United Arab Emirates from crossing its airspace.
  • The delay "Is because of the cancellation of the Jordanian crown price’s visit to the Temple Mount yesterday, because of a dispute over security arrangements".
Published 11 Mar, 2021 02:13pm
Biden's $1.9 trillion COVID-19 bill wins final approval in House
USA

Biden's $1.9 trillion COVID-19 bill wins final approval in House

  • The U.S. House of Representatives gave final approval on Wednesday to one of the largest economic stimulus measures in American history, a sweeping $1.9 trillion COVID-19 relief bill that gives President Joe Biden his first major victory in office.
  • The measure provides $400 billion for $1,400 direct payments to most Americans, $350 billion in aid to state and local governments, an expansion of the child tax credit and increased funding for vaccine distribution.
Published 11 Mar, 2021 12:32pm
US Senate votes to confirm Biden EPA pick Michael Regan
World

US Senate votes to confirm Biden EPA pick Michael Regan

  • West Virginia Senator Shelley Moore Capito, ranking Republican on the Senate energy panel, said she is concerned that Biden's National Climate Adviser Gina McCarthy will have more control over policy than the EPA.
Published 11 Mar, 2021 11:38am
Three quarters of UK manufacturers hit by Brexit delays
World

Three quarters of UK manufacturers hit by Brexit delays

  • Data from some EU countries has shown a fall in goods trade with Britain since Jan. 1 although economists say some of the decline probably reflects a rush to pile up stocks and get ahead of the expected disruption from Jan. 1.
Published 11 Mar, 2021 10:48am
Top U.S., China diplomats to hold first in-person talks of Biden presidency
USA

Top U.S., China diplomats to hold first in-person talks of Biden presidency

  • U.S. Secretary of State Antony Blinken will meet with top Chinese officials on March 18 in Alaska, the White House said on Wednesday, the first high-level in-person contact between the two sparring countries under the Biden administration.
  • President Joe Biden’s administration has committed to reviewing elements of U.S. policies toward China, as the world’s two largest economies navigate frosty relations that sank to their lowest depths in decades during Donald Trump’s presidency.
Updated 11 Mar, 2021 12:29pm