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Archive

World

Wednesday, March 17, 2021

Poland announces nationwide restrictions amid coronavirus surge
Europe

Poland announces nationwide restrictions amid coronavirus surge

  • We no longer have the ability to only put forward regional restrictions. The only way forward right now is to broaden these restrictions to all of Poland.
  • If this move does not result in easing the pandemic, or at least in slowing down of the third wave, the next steps would be a typical lockdown, a typical situation in which we will be totally closing everything.
Published 17 Mar, 2021 09:34pm
Still no deal on IMF reserve boost for pandemic relief
Europe

Still no deal on IMF reserve boost for pandemic relief

  • Earlier, Japan's Kyodo news agency reported they had secured agreement for increased reserves of around $650 billion through a new allocation of the fund's special drawing rights ahead of a meeting of G7 finance leaders to be hosted by Britain on Friday.
  • We are still continuing debates with the aim of agreeing on boosting SDR to help low-income countries... but we have not yet firmed up details as to the size of SDR boost and the timing of agreement.
Published 17 Mar, 2021 09:28pm
Mexico president threatens constitutional change if power bill struck down
USA

Mexico president threatens constitutional change if power bill struck down

  • Speaking at a regular news conference, the leftist president said he would pursue a change in the constitution if the legislation is ultimately struck down by Mexico's judiciary.
  • Some companies were eager to reach a deal with the government, Lopez Obrador said, without naming any. However, there would need to be "discounts," he said.
Published 17 Mar, 2021 09:20pm
India frets over wastage of 'elixir-like' COVID-19 vaccines
South Asia

India frets over wastage of 'elixir-like' COVID-19 vaccines

  • One reason for the wastage is that, while many urban vaccination centres have been crowded, some rural sites have had to nudge people to get shots due to a lack of awareness among the public, which can lead to vaccine wastage.
  • Once a vaccine vial is opened, doses need to be administered within four hours, making it vital for health workers to coordinate the flow of recipients.
Published 17 Mar, 2021 09:20pm
US Senate committee sees sweeping China legislation in mid-April
USA

US Senate committee sees sweeping China legislation in mid-April

  • Lawmakers had hoped to have a vote in the full Senate by mid-April, but Menendez said they needed more time so the two parties could work together.
  • He told a hearing on competing with China that the committee planned to mark up - debate and consider amendments to - the bill on April 14.
Published 17 Mar, 2021 08:49pm
India backs AstraZeneca shot as COVID-19 cases hit three-month high
South Asia

India backs AstraZeneca shot as COVID-19 cases hit three-month high

  • The European Medicines Agency is investigating reports of 30 cases of unusual blood disorders out of 5 million recipients of the vaccine in the region.
  • "We have no signal of concern in this regard," Vinod Kumar Paul, who heads a government committee on vaccines, told a news conference, adding that experts in India had looked into the issue.
Published 17 Mar, 2021 08:26pm
Canada inflation rate ticks up in February on gas prices
USA

Canada inflation rate ticks up in February on gas prices

  • All three core measures of inflation were steady in February. CPI common, which the Bank of Canada says is the best gauge of the economy's underperformance, was flat at 1.3%.
  • Generally speaking, you don't have emergency levels of disinflationary pressures to justify emergency levels of stimulus, in my opinion.
Published 17 Mar, 2021 08:23pm
US House Republicans expected to vote on ending earmarks ban
USA

US House Republicans expected to vote on ending earmarks ban

  • Republicans are in the minority in the House. Their planned vote on earmarks comes ahead of House consideration of various spending legislation and an expected large infrastructure bill.
  • Democrats already have reversed their own self-imposed ban on earmarks. Republicans halted the practice when they took the majority in 2011 amid a string of controversies over earmarks.
Published 17 Mar, 2021 07:05pm
White House task force met to discuss Microsoft software weaknesses
USA

White House task force met to discuss Microsoft software weaknesses

  • The group, which met on Monday, "included private sector members for the first time" who were invited "based on their specific insights to this incident," she said.
  • The White House group noted that paying to mitigate the hack "weighs particularly heavily on small businesses," Psaki said.
Updated 17 Mar, 2021 07:04pm
Turkish, Greek foreign ministers to meet in Turkey on April 14
Europe

Turkish, Greek foreign ministers to meet in Turkey on April 14

  • Ankara and Athens are at odds over issues such as competing claims over their continental shelves, maritime rights and air space in the Mediterranean, energy, ethnically split Cyprus, and the status of some islands in the Aegean.
  • The two sides resumed exploratory talks after a five-year hiatus in January and have since held two rounds of talks.
Published 17 Mar, 2021 06:26pm
Malaysia announces $4.9bn in fresh stimulus to aid coronavirus recovery
South Asia

Malaysia announces $4.9bn in fresh stimulus to aid coronavirus recovery

  • Malaysia's economy declined 5.6% in 2020, its worst performance since a 7.4% fall in 1998, owing partly to strict movement curbs aimed at halting the COVID-19 spread.
  • Muhyiddin said the government would roll out 20 billion ringgit ($4.86 billion) of stimulus packages, including a 11 billion ringgit fiscal injection.
Published 17 Mar, 2021 06:24pm
Biden vows Russia's Putin will 'pay a price' for election meddling
USA

Biden vows Russia's Putin will 'pay a price' for election meddling

  • "He will pay a price," Biden told ABC News in an interview that aired on Wednesday. Asked what the consequences would come, he said, "You'll see shortly."
  • "I know him relatively well," Biden said, adding that "the most important thing dealing with foreign leaders in my experience ... is just know the other guy."
Published 17 Mar, 2021 06:12pm
German economy to shrink by 2pc in first quarter
Europe

German economy to shrink by 2pc in first quarter

  • The biggest downside risk remains the development of the coronavirus pandemic. The question how quickly the economy can get to normal mainly hinges on the vaccination progress.
  • Council member Veronika Grimm said the AstraZeneca shot was needed to speed up Germany's already slow vaccination campaign.
Published 17 Mar, 2021 06:10pm
Mexico plans push to contain migration near Guatemala border
USA

Mexico plans push to contain migration near Guatemala border

  • The US government said this week it is facing the biggest migrant surge on its border with Mexico in 20 years, presenting authorities a major challenge and sparking concerns inside the Mexican government.
  • "The operations will be more frequent, more continuous and we will be taking part," from next week, a member of the National Guard said, speaking on condition of anonymity.
Published 17 Mar, 2021 05:51pm
UK Johnson's ex-aide blames ‘smoking ruin’ at health ministry for COVID failures
Europe

UK Johnson's ex-aide blames ‘smoking ruin’ at health ministry for COVID failures

  • Dominic Cummings, Johnson's senior adviser until November last year, said Britain's more recent success in rolling out a rapid vaccine programme was a result of a decision to take vaccine procurement out of the ministry's hands.
  • The health ministry was "just a smoking ruin in terms of procurement and PPE and all of that", he said.
Published 17 Mar, 2021 05:49pm
EU threatens tougher vaccine export curbs in dispute with UK, US
Europe

EU threatens tougher vaccine export curbs in dispute with UK, US

  • "If this situation does not change, we will have to reflect on how to make exports to vaccine-producing countries dependent on their level of openness," EU Commission President Ursula von der Leyen told a news conference.
  • "We are ready to use whatever tools we need to deliver on that," von der Leyen said.
Published 17 Mar, 2021 05:42pm
COVAX vaccine-sharing scheme to send out 'hundreds of millions' of J&J shots
Europe

COVAX vaccine-sharing scheme to send out 'hundreds of millions' of J&J shots

  • COVAX, backed by WHO and the Global Alliance for Vaccines and Immunization, aims to secure 2 billion vaccine doses by the end of 2021.
  • In early March, it said the target was to deliver 237 million doses of AstraZeneca's shot to 142 countries by the end of May, and it also shipped its first Pfizer shots.
Published 17 Mar, 2021 05:40pm
As final votes cast, Dutch PM Rutte expected to stay in office after pandemic election
Europe

As final votes cast, Dutch PM Rutte expected to stay in office after pandemic election

  • The election is widely seen as a referendum on the government's performance during the crisis, in which more than 15,000 people have died of COVID-related illnesses and police have clashed with protestors opposed to lockdown measures.
  • Rutte's main rivals have criticized a slow vaccine roll out, but struggled to distinguish themselves as they support government policy.
Published 17 Mar, 2021 05:37pm
'Tough' to withdraw us troops from Afghanistan by May 1: Biden
USA

'Tough' to withdraw us troops from Afghanistan by May 1: Biden

  • "Could happen, but it is tough," Biden said when asked in a TV interview broadcast Wednesday. "I'm in the process of making that decision now as to when they'll leave."
  • Like his predecessor, Biden has promised to end the nearly 20-year conflict and bring home more than 2,500 American troops in the country — down from about 13,000 troops a year ago.
Updated 17 Mar, 2021 06:31pm
Putin likely directed 2020 U.S. election meddling, U.S. intelligence finds
USA

Putin likely directed 2020 U.S. election meddling, U.S. intelligence finds

  • Russian President Vladimir Putin likely directed efforts to try to swing the 2020 U.S. presidential election to Donald Trump, according to an American intelligence report released on Tuesday that sources said would likely trigger U.S. sanctions on Moscow.
  • Washington is expected to impose sanctions on Moscow as soon as next week because of the allegations, three sources said on condition of anonymity.
Published 17 Mar, 2021 11:56am
At least seven dead in US spa shootings
World

At least seven dead in US spa shootings

  • Three more were found dead at the Gold Massage Spa in Atlanta, and one more victim died at the Aroma Therapy spa directly across the street, Atlanta police told the network.
Published 17 Mar, 2021 11:00am
US aims to set agenda at Alaska talks with China: officials
World

US aims to set agenda at Alaska talks with China: officials

  • The Biden administration says it does not want to enter into detailed negotiations at this stage and therefore does not expect any immediate announcements. There will be no joint statement at the end of the meeting in Anchorage.
Published 17 Mar, 2021 10:18am