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World

Friday, April 23, 2021

US manufacturing activity accelerates in early April; supply constraints worsening
USA

US manufacturing activity accelerates in early April; supply constraints worsening

  • Data firm IHS Markit said on Friday its flash US manufacturing PMI increased to 60.6 in the first half of this month. That was the highest reading since the series started in May 2007 and followed a final reading of 59.1 in March.
  • Economists polled by Reuters had forecast the index rising to 60.5 in early April. A reading above 50 indicates growth in manufacturing, which accounts for 11.9% of the US economy.
Published 23 Apr, 2021 07:57pm
U.S ‘first and foremost’ wants to vaccinate the American people,’ State Dept on COVID vaccine export to embattled India
USA

U.S ‘first and foremost’ wants to vaccinate the American people,’ State Dept on COVID vaccine export to embattled India

  • According to the State Department, the United States under the Biden Administration "first and foremost" wants to vaccinate the American people, facing accusations of vaccine hoarding by the broader international community.
  • The Biden Administration has come under fire for its alleged hoarding of essential vaccines for domestic use, without sharing even a portion of its supplies with the international community.
Updated 23 Apr, 2021 07:59pm
Swedish health agency extends pause on J&J vaccine
Europe

Swedish health agency extends pause on J&J vaccine

  • "We think it is better to recommend the vaccines that healthcare is now used to using," Chief Epidemiologist Anders Tegnell said in a statement.
  • The agency said on April 14 it would not start using the COVID-19 vaccine following reports of rare blood clots, similar to those reported for the AstraZeneca shot.
Published 23 Apr, 2021 06:00pm
Egypt and Russia agree to resume all flights, including to resorts
Africa

Egypt and Russia agree to resume all flights, including to resorts

  • Flights to resort destinations Sharm al-Sheikh and Hurghada were suspended after a Russian passenger plane crashed in Sinai in October 2015, killing 224 people.
  • The Egyptian statement did not specify a timeline for the resumption of flights, but Russia's Interfax news agency reported this week that flights could resume in the second half of May.
Published 23 Apr, 2021 05:10pm
EU will watch planned withdrawal of Russian troops closely
Europe

EU will watch planned withdrawal of Russian troops closely

  • "What matters for the EU is what is going to happen on the ground as of today," the spokesman of the EU's executive told Reuters on Friday.
  • "The EU reaffirms its unwavering support for the independence, sovereignty and territorial integrity of Ukraine within its internationally recognised borders," the spokesman added.
Published 23 Apr, 2021 04:36pm
Baltics order four Russian diplomats to leave
Europe

Baltics order four Russian diplomats to leave

  • The Czech Republic last week said the two Russian spies accused of a nerve agent poisoning in Britain in 2018 were also behind an explosion at a Czech ammunition depot in 2014 that killed two people.
Published 23 Apr, 2021 04:22pm
Oxford-developed Malaria vaccine hailed as potential medical breakthrough
Africa

Oxford-developed Malaria vaccine hailed as potential medical breakthrough

  • A malaria vaccine, developed by the University of Oxford, has proved to be 77% effective in early trials; being seen as a potential major breakthrough in the fight against the disease.
  • On the basis of these results, larger trials will now be carried out in nearly 5000 children between the ages of five months and three years, across four African states.
Published 23 Apr, 2021 04:03pm
U.S. CDC probes new death, hospitalisation after J&J vaccine shots - officials
USA

U.S. CDC probes new death, hospitalisation after J&J vaccine shots - officials

  • The U.S. Centers for Disease Control and Prevention (CDC) is investigating the death of an Oregon woman and the hospitalisation of another in Texas after receiving Johnson & Johnson's (JNJ.N) COVID-19 vaccine, state health officials said.
  • The incidents come as advisers to the CDC are set to meet on Friday to consider whether it is safe to resume injections of the single-dose vaccine, while senior health officials prepare for a green light.
Published 23 Apr, 2021 12:01pm
Desperate hunt for missing Indonesian submarine as oxygen set to run out
Asia

Desperate hunt for missing Indonesian submarine as oxygen set to run out

  • Rescue aircraft and ships scoured the sea north of Bali on Friday as the hunt for a missing Indonesian submarine with 53 crew on board reached a critical phase due to limited supplies of oxygen aboard the 44-year-old vessel.
  • More navy ships left the Indonesian base of Banyuwangi early on Friday to head to the Bali Sea where contact was lost with the KRI Nanggala-402 on Wednesday during a torpedo drill.
Published 23 Apr, 2021 11:58am
Biden’s climate summit zeroes in on technology to help fight global warming
USA

Biden’s climate summit zeroes in on technology to help fight global warming

  • U.S. President Joe Biden’s climate summit will turn to the issue of technology on Friday, featuring remarks from entrepreneurs Bill Gates and Michael Bloomberg, after Thursday’s Earth Day kickoff sought to rally world ambition to reduce global warming.
  • The Democratic president, who returned the United States to the pact, announced a new U.S. target on Thursday to reduce its emissions 50%-52% by 2030 compared with 2005 levels. Japan and Canada also raised their targets. read more
Published 23 Apr, 2021 11:56am
13 COVID-19 patients die in India's hospital fire
World

13 COVID-19 patients die in India's hospital fire

  • The incident comes two days after 25 COVID-19 patients on ventilators died in a hospital in Nashik when their oxygen supply was interrupted by a leak in a supply line.
  • India reported 332,730 new coronavirus cases and 2,263 deaths on Friday.
Published 23 Apr, 2021 11:44am
Pakistan to shift to 60% clean energy by 2030, according to PM's Climate aide
South Asia

Pakistan to shift to 60% clean energy by 2030, according to PM's Climate aide

  • On Thursday, Pakistan assured the international community that it would shift to 60% clean energy and 30% electric vehicle use by 2030.
  • Addressing the Leaders Summit in Washington, Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam urged developed nations to fulfil their commitment to help others make this transition from carbon-based to clean energy.
Updated 23 Apr, 2021 11:55am
Canada bans passenger flights from India and Pakistan to combat third-wave of COVID-19
South Asia

Canada bans passenger flights from India and Pakistan to combat third-wave of COVID-19

  • On Thursday, the Canadian government announced that it would be temporarily barring passenger flights from India and Pakistan for the next 30 days, as part of stricter measures to combat the spread of the coronavirus.
  • This decision was enacted by the left-leaning government of Prime Minister Justin Trudeau after prominent right-leaning politicians criticised Ottawa's lack of response in dealing with the third wave of the pandemic.
Published 23 Apr, 2021 09:11am
ECB keeps cheap money tap open
World

ECB keeps cheap money tap open

FRANKFURT: Christine Lagarde on Thursday underlined the European Central Bank’s commitment to cheap money as the...
Updated 23 Apr, 2021 10:04am
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