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World

Friday, March 12, 2021

Canada posts strong February job gains, unemployment drops sharply
USA

Canada posts strong February job gains, unemployment drops sharply

  • With the addition of 259,200 jobs in February, Canada recouped nearly all the losses of the previous two months and beat the average analyst prediction of 75,000 new jobs.
  • Employment remains 3.1% below pre-pandemic levels, while the number of long-term unemployed fell by 9.7% from a record high of 512,000 in January.
Updated 12 Mar, 2021 09:13pm
EU may take legal action against Hungary over opposition radio licence
Europe

EU may take legal action against Hungary over opposition radio licence

  • Klubradio, which has broadcast for 19 years, was forced off the air last month after it lost an appeal against the removal of its licence. It has been broadcasting on the internet since mid-February.
  • The EU has long been concerned over what it sees as an erosion of democratic standards under Hungary's Prime Minister Viktor Orban. His nationalist government rejects such criticism.
Published 12 Mar, 2021 08:44pm
Brazil gives final approval for AstraZeneca vaccine, sees domestic manufacture
USA

Brazil gives final approval for AstraZeneca vaccine, sees domestic manufacture

  • The AstraZeneca vaccine is already being administered in Brazil, but is registered only for emergency use, and the doses have been imported from India.
  • In an online address, Anvisa director Gustavo Mendes said that the doses manufactured by Fiocruz are expected to be delivered to the Health Ministry later this month.
Published 12 Mar, 2021 08:40pm
French drug agency says AstraZeneca vaccine should continue to be used
Europe

French drug agency says AstraZeneca vaccine should continue to be used

  • Denmark, Norway, Iceland and Bulgaria have suspended the use of the shot following reports of blood clots in some people who had been vaccinated.
  • ANSM said only one case of blood clotting had been found in France after an AstraZeneca shot, and there was no indication that it was linked to the vaccine.
Published 12 Mar, 2021 08:37pm
Mexican industrial output inches up in January, helped by construction
USA

Mexican industrial output inches up in January, helped by construction

  • Compared with the same month a year earlier, industrial output fell by 4.9% in January as the coronavirus pandemic continued to weigh, figures from national statistics agency INEGI showed.
  • A breakdown of the figures showed construction output was up 1.5% month-on-month, but manufacturing activity was down 0.5%.
Published 12 Mar, 2021 08:19pm
Police to enforce lockdown in India's Nagpur as infections surge
South Asia

Police to enforce lockdown in India's Nagpur as infections surge

  • The commercial and logistics hub in Maharashtra state will be the first Indian city to go back into a wholesale lockdown since authorities lifted nationwide curbs in June last year.
  • "It's a curfew except for the essential services. Hospital and medical shops will be functioning and people going for vaccination will be facilitated," he told Reuters.
Published 12 Mar, 2021 06:56pm
In China strategy, Biden to meet with leaders of Australia, India, Japan
USA

In China strategy, Biden to meet with leaders of Australia, India, Japan

  • U.S. President Joe Biden will meet on Friday with the leaders of Australia, India and Japan, a group central to his efforts to counter China’s growing military and economic power.
  • India and Australia have emphasized the importance of regional security cooperation, which has been boosted by previous lower-level meetings of the four countries.
Published 12 Mar, 2021 06:47pm
Turkey says it has restarted diplomatic contacts with Egypt
Europe

Turkey says it has restarted diplomatic contacts with Egypt

  • Two Egyptian intelligence sources said Turkey had proposed a meeting to discuss cooperation, but suggested the contacts were still only preliminary.
  • President Tayyip Erdogan said the contacts were "not at the highest level, but right below the highest level. We hope that we can continue this process with Egypt much more strongly."
Published 12 Mar, 2021 06:45pm
Indian agency seeks information, documents from Amazon amid probe
South Asia

Indian agency seeks information, documents from Amazon amid probe

  • Amazon has for several years been under investigation by the agency for possible violation of foreign investment rules. Such probes typically take years in India, and in most cases details are not made public.
  • On Friday, the senior Enforcement Directorate source told Reuters "obviously we have sought information" from Amazon.
Published 12 Mar, 2021 06:40pm
Spain approves 11bn-euro aid package for pandemic-hit companies
Europe

Spain approves 11bn-euro aid package for pandemic-hit companies

  • The package will also include 3 billion euros to be implemented through voluntary debt restructurings of state-backed loans granted by banks to companies hit by the pandemic - many of them in the key tourism sector - and 1 billion euros will come in the form of capital injections.
  • The duration and the economic impact of the pandemic increase the risk of over-indebtedness ... By acting at the right moment we will avoid greater costs in the future.
Published 12 Mar, 2021 06:35pm
Berlin talking to Washington on COVID vaccines from US
Europe

Berlin talking to Washington on COVID vaccines from US

  • Washington has told the European Union that it should not expect to receive AstraZeneca COVID-19 vaccines manufactured in the United States any time soon, two EU sources said on Thursday, in a new blow to the bloc's supplies.
Published 12 Mar, 2021 06:15pm
Kenya extends nationwide COVID-19 curfew for two months
Africa

Kenya extends nationwide COVID-19 curfew for two months

  • In a televised address, Kenyatta said the positive test rate hit 13% in March compared to January's 2%.
  • Last year, fellow Kenyans, the Kenyan economy was projected to grow by 6.2%, but it only grew by 0.6% because of the COVID-19 pandemic.
Published 12 Mar, 2021 05:54pm
Brazil retail sales fall in January for third month in a row
USA

Brazil retail sales fall in January for third month in a row

  • The 0.2% monthly fall was slightly less than the 0.3% decline forecast in a Reuters poll of economists, and the 0.3% fall compared with the same month a year earlier was slightly more than the 0.25% fall forecast in the poll.
  • January's figures followed a 6.2% slump in retail sales in December, the second biggest fall on record.
Published 12 Mar, 2021 05:50pm
Russia backs plans for Afghanistan interim government with the Taliban
South Asia

Russia backs plans for Afghanistan interim government with the Taliban

  • On Friday, Russia announced that it backed the Taliban's integration into the future interim government in Afghanistan, as global powers escalated their efforts to secure a long-awaited peace deal.
  • The Russian Foreign Ministry's comments came as the United States prepares for the fast-approaching May deadline for troop withdrawal, ending its nearly two decades of military involvement in the war-torn country.
Updated 12 Mar, 2021 05:46pm
Thailand delays AstraZeneca vaccine roll-out
World

Thailand delays AstraZeneca vaccine roll-out

  • The Sinovac shipment arrived with huge fanfare at Bangkok's airport, with a Chinese embassy official vowing that the vaccine export showed the "strengthened relations between China and Thailand".
Published 12 Mar, 2021 10:43am
EU approves Johnson & Johnson Covid vaccine
World

EU approves Johnson & Johnson Covid vaccine

  • The EU has so far approved three vaccines -- Pfizer-BioNTech, Moderna and AstraZeneca-Oxford. Three other vaccines are under "rolling review" by the Amsterdam-based EMA -- Novavax, CureVac and Russia's Sputnik.
Published 12 Mar, 2021 10:12am
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