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World

Monday, April 26, 2021

Italy reports 301 coronavirus deaths on Monday, 8,444 new cases
Europe

Italy reports 301 coronavirus deaths on Monday, 8,444 new cases

  • Patients in hospital with COVID-19 - not including those in intensive care - stood at 20,635 on Monday, slightly down from 20,662 a day earlier.
  • There were 132 new admissions to intensive care units, up from 114 on Sunday. The total number of intensive care patients fell marginally to 2,849 from a previous 2,862.
Published 26 Apr, 2021 08:51pm
Kuwait sovereign fund to get over $1.8bn per year from KPC
Middle East

Kuwait sovereign fund to get over $1.8bn per year from KPC

  • KPC has owed for years about 7 billion Kuwaiti dinars in dividends to the General Reserve Fund (GRF), one of Kuwait's sovereign funds, tasked with covering budget deficits.
  • GRF and KPC had agreed a repayment schedule in recent years, but GRF wanted to review it and accelerate it as part of government efforts to cover the deficit, sources have previously told Reuters.
Published 26 Apr, 2021 06:09pm
Norway's economy to surpass pre-pandemic level this year: IMF
Europe

Norway's economy to surpass pre-pandemic level this year: IMF

  • In the medium term, the size of the economy is now expected to be only slightly below its original trajectory as seen before the COVID-19 outbreak, it added.
  • "The strong policy response has helped the country to experience one of the lowest infection rates and among the smallest economic contractions in Europe," the IMF wrote.
Published 26 Apr, 2021 06:02pm
ECB's Panetta wants stimulus until inflation hits 2pc
Europe

ECB's Panetta wants stimulus until inflation hits 2pc

  • "This evidence suggests that we should avoid withdrawing policy support - either deliberately or by tolerating adverse spillovers - until the output gap is closed and we see inflation sustainably back at 2%," Panetta said in a speech.
Published 26 Apr, 2021 05:56pm
EU sues AstraZeneca over delayed deliveries of COVID-19 vaccine
Europe

EU sues AstraZeneca over delayed deliveries of COVID-19 vaccine

  • AstraZeneca said in response that the legal action by the EU was without merit and pledged to defend itself strongly in court.
  • "The Commission has started last Friday a legal action against AstraZeneca," the EU spokesman told a news conference, noting all 27 EU states backed the move.
Published 26 Apr, 2021 05:42pm
Thai prime minister fined $190 for not wearing face mask
South Asia

Thai prime minister fined $190 for not wearing face mask

  • "I informed the prime minister this was a violation of rules", Bangkok Governor Aswin Kwanmuang wrote on his official Facebook page. The move came after a photograph of Prayuth appeared on his Facebook page showing him not wearing a mask in a meeting. The photograph was later removed.
Published 26 Apr, 2021 05:36pm
Important to get US vaccine help along border
USA

Important to get US vaccine help along border

  • "We are once again taking up dialogue to insist on this need," she said, ahead of an upcoming visit by Foreign Minister Marcelo Ebrard to the United States.
  • The US-Mexico border region, which stretches 3,175 km (1,973 miles), is home to at least 14.6 million people, according to government data from 2018.
Published 26 Apr, 2021 05:29pm
Targeting China with trade reforms will not work
South Asia

Targeting China with trade reforms will not work

  • Anxious about China's powerful state-owned enterprises, the United States, European Union and Japan are pushing for curbs on industrial subsidies they say distort the global economy.
  • Beijing ought to be aware that its policies not only affect rich nations who are are complaining but also developing countries, the WTO head said.
Published 26 Apr, 2021 05:25pm
Albania PM set for third term: early results
World

Albania PM set for third term: early results

  • An alliance of opposition parties under the Democrat Party -- whose leader Lulzim Basha claimed victory on Sunday -- were on 39 percent and another party opposed to Rama was polling at 7 percent.
Published 26 Apr, 2021 05:11pm
UK shopper numbers fell 3.4pc last week as reopening surge waned
Europe

UK shopper numbers fell 3.4pc last week as reopening surge waned

  • It said shopper numbers, or footfall, fell 0.8% from the previous week on high streets, 3.5% in retail parks and 8.4% in shopping centres.
  • Footfall last week was 19.9% below the 2019 level, noticeably better than the previous peak of down 25% at the end of August 2020.
Published 26 Apr, 2021 04:59pm
In leaked recording, Iran's Zarif criticises Guards' influence in diplomacy
South Asia

In leaked recording, Iran's Zarif criticises Guards' influence in diplomacy

  • In the interview, aired by the London-based Iran International Persian-language satellite news channel late on Sunday, Foreign Minister Mohammad Javad Zarif said he had "zero" influence over Iran's foreign policy.
  • "I have never been able to tell a military commander to do something in order to aid diplomacy," Zarif said.
Published 26 Apr, 2021 04:36pm
India reports more than 352,991 new COVID cases in 24 hours, setting a fresh global record
South Asia

India reports more than 352,991 new COVID cases in 24 hours, setting a fresh global record

  • For the fifth straight day, India has set a new global record for a rise in daily coronavirus cases, in addition to cumulative deaths jumping to an all-time high figure over the past 24 hours.
  • With 352,991 additional cases in the past 24 hours, India's total infections have surpassed 17 million, behind only the United States.
  • There are growing concerns that strains of the virus being tested in India are potentially more contagious.
Updated 26 Apr, 2021 01:26pm
US, Britain rush supplies to virus-stricken India
World

US, Britain rush supplies to virus-stricken India

  • A surge in recent days has seen patients' families taking to social media to beg for oxygen supplies and locations of available hospital beds, and has forced the capital New Delhi to extend a week-long lockdown.
Published 26 Apr, 2021 10:22am
US to ramp up support
World

US to ramp up support

WASHINGTON: The United States will “immediately” make supplies of vaccine-production material, as well as...
Updated 26 Apr, 2021 10:15am
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