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Archive

World

Wednesday, May 26, 2021

Brazil current account deficit shrinks to 0.84pc of GDP, narrowest in 13 years
USA

Brazil current account deficit shrinks to 0.84pc of GDP, narrowest in 13 years

  • Brazil posted a $5.7 billion current account surplus in April, the central bank said, less than the $6.2 billion median forecast in a Reuters poll of economists.
  • That was largely thanks to a record goods trade surplus of $9.1 billion. Exports surged 50.7% from the same month last year, outstripping a 36.6% jump in imports.
Published 26 May, 2021 08:40pm
China to gift 1 million COVID-19 vaccine doses to Nepal
South Asia

China to gift 1 million COVID-19 vaccine doses to Nepal

  • In March, China provided 800,000 doses of the Sinopharm COVID-19 vaccine to Nepal, which also received a million shots of the AstraZeneca vaccine as gift from India.
  • Nepal began its vaccination drive in January but the campaign has been suspended because of the lack of vaccines after New Delhi said it was unable to provide additional shots due to its domestic needs.
Published 26 May, 2021 08:16pm
Turkish economy to return to form with 6.7pc growth in Q1, 5.5pc in 2021
Europe

Turkish economy to return to form with 6.7pc growth in Q1, 5.5pc in 2021

  • Forecasts from 13 economists ranged from 4.5% to 7% for the full-year, while the median estimate was up from 4.5% in a February poll. For the first quarter, forecasts from 14 economists ranged from 5% to 7.5%.
  • Turkey's economy grew just 1.8% last year and 0.9% in 2019, well down from an average of about 5% over the last two decades.
Published 26 May, 2021 08:13pm
Slovakia will start administering Sputnik V coronavirus vaccines
Europe

Slovakia will start administering Sputnik V coronavirus vaccines

  • Slovakia, a country of 5.5 million people, imported 200,000 doses of Sputnik V in March, but they had since been sitting in storage pending approval.
  • "There are still a non-negligible number of citizens who declare that they would only be vaccinated by the Sputnik V vaccine," a report accompanying the government resolution said.
Published 26 May, 2021 08:10pm
France imposes quarantine on UK visitors ahead of summer tourist season
Europe

France imposes quarantine on UK visitors ahead of summer tourist season

  • "There is a new situation with the progression of the so-called Indian variant in the United Kingdom," said government spokesman Gabriel Attal. "(France) will set up compulsory isolation for people coming from the United Kingdom."
  • The French government's announcement will be a blow to parts of the beleaguered tourism industry, which is desperate for a return to normal business ahead of the peak summer season.
Published 26 May, 2021 07:59pm
Three dead as another cyclone batters India
South Asia

Three dead as another cyclone batters India

  • Cyclones are a regular menace in the northern Indian Ocean but many scientists say they are becoming more frequent and severe as climate change warms the waters of the Bay of Bengal and Arabian Sea.
Published 26 May, 2021 05:37pm
Taliban warn Afghan neighbours against allowing US bases
World

Taliban warn Afghan neighbours against allowing US bases

  • A flurry of diplomatic calls between the US and Pakistan in recent days has fuelled speculation the Pentagon is scouting for new bases to use against the Taliban.
  • However, Pakistan's Foreign Office has denied the rumors saying, "no such proposal is expected."
Updated 26 May, 2021 05:32pm
Pacific sees a 'Blood Moon' rising
World

Pacific sees a 'Blood Moon' rising

  • The Inca believed a lunar eclipse occurred when a jaguar had eaten the Moon. Some Aboriginal Australian groups believed it signalled someone on a journey had been hurt or killed.
Published 26 May, 2021 01:53pm
U.S. to complete Afghan withdrawal by mid-July ahead of Biden’s September deadline, reports NYT
South Asia

U.S. to complete Afghan withdrawal by mid-July ahead of Biden’s September deadline, reports NYT

  • The United States and their NATO allies have accelerated their withdrawal from Afghanistan, intending to be out of the war-torn country as early as mid-July, which is significantly earlier to their original September 11 deadline.
  • The Pentagon has yet to determine how terrorist threats like an Al Qaeda resurgence could be contained in the absence of American military presence.
Updated 26 May, 2021 12:56pm