News Archives for World - 2021-06-16

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USA

Debt is cheap, now is the time for US to invest: Yellen

"We expect the cost of federal debt payments will remain well below historical levels through the coming decade. We have a window to invest in ourselves."

Published 16 Jun, 2021 09:29pm

South Asia

Nuclear deal must await new Iran govt: IAEA chief

"Everyone knows that, at this point, it will be necessary to wait for the new Iranian government," Rafael Grossi said.
The IAEA does not take any direct part in the negotiations but has been called on to verify any nuclear steps agreed in the talks and to continue inspections in the country.

Published 16 Jun, 2021 08:06pm

Europe

US, Russia agree to return ambassadors: Putin

Diplomatic relations between Moscow and Washington had all but broken down since Biden took office.

Updated 16 Jun, 2021 09:28pm

USA

US buying 200m more doses of Moderna Covid vaccine

Moderna has so far supplied 217 million doses, with 110 million more to be delivered by the end of this year and 90 million in the first quarter of 2022.

Published 16 Jun, 2021 07:58pm

World

Countries vaccinating children against Covid-19 all over the world

Pfizer is now planning to test its vaccine on children aged between five to 11, while China has approved Sinovac Biotech's shot for emergency use in children as young as three
Italy on May 31 approved extending the use of Pfizer's vaccine to 12-15 year olds.

Published 16 Jun, 2021 07:12pm

Europe

Putin sees 'a lot of issues' as summit with Biden begins

First meeting since Biden took office.
Hope for more stable relations.
Expectations low for any breakthrough.

Published 16 Jun, 2021 06:51pm

Europe

France to end mandatory outdoor masks and Covid curfew

"The health situation of our country is improving faster than we expected," Castex said.

Published 16 Jun, 2021 06:08pm

USA

US housing starts rise less than expected in May; building permits fall

Housing starts rose 3.6% to a seasonally adjusted annual rate of 1.572 million units last month.
Though lumber prices dropped from a record high set in early May, softwood lumber prices increased 154.3% year-on-year in May.

Published 16 Jun, 2021 06:05pm

South Asia

India accuses Twitter of ignoring new rules as row festers

These rules demand that the firms give details of the "first originator" of posts deemed to undermine India's sovereignty, state security or public order.

Published 16 Jun, 2021 06:00pm

Europe

UK's Johnson warns EU of 'steps' over N.Irish Brexit trade

London and the European Union agreed a special "protocol" to govern post-Brexit trade with Northern Ireland as part of their divorce deal.

Published 16 Jun, 2021 05:52pm

USA

Canada's annual inflation rate in May accelerates to 3.6pc

Canada's annual inflation rate accelerated to 3.6%, from 3.4% in April, Statistics Canada said. That was slightly ahead of analyst expectations that the annual rate would rise to 3.5%.
The Bank of Canada targets the 2% mid-point of a 1-3% inflation control range. It expects inflation to stay around 3% through the summer before easing later in the year.

Updated 16 Jun, 2021 06:02pm

Europe

EU chief in Lisbon to launch recovery fund

Portugal was the first country to submit its own plan back in April and is set to receive 16 billion euros ($19 billion) in funding.

Published 16 Jun, 2021 05:33pm

Europe

EU says J&J to miss vaccine supply target in second quarter

EMA said in a statement to Reuters that 17 million doses had been forbidden from being used in the bloc after that decision.
The EU has ordered a total of 200 million doses from J&J, of which 55 million were to be delivered by the end of June.

Published 16 Jun, 2021 05:16pm

Europe

Company to build electric seaglider for UK-France trips

Capable up to 290 kilometres per hour (180 mph), or six times faster than conventional ferries, the electric-powered craft cut emissions to essentially zero.

Published 16 Jun, 2021 05:15pm

USA

Brazil exporters demand $3.8bn from banks for currency manipulation: report

Among the banks included in the class action are Itau Unibanco Holding SA, Banco Santander Brasil SA , HSBC (acquired by Banco Bradesco SA), Citigroup and BNP Paribas.

Published 16 Jun, 2021 05:08pm

Europe

EU agrees additional Belarus sanctions after forced Ryanair landing

Target seven individuals with links to the Belarus aviation sector.
EU governments described the incident as air piracy and, at the start of June, banned Belarusian airlines from flying over European Union territory or having access to its airports.

Published 16 Jun, 2021 05:06pm

South Asia

Taj Mahal reopens as India eases pandemic restrictions

Cases have declined in recent weeks, with several major cities including New Delhi and Mumbai easing many restrictions.

Published 16 Jun, 2021 04:57pm

South Asia

China to launch first crew to new space station on Thursday

Nie was among the first batch of Chinese astronauts selected for training in 1998, and has already been on two space missions.

Published 16 Jun, 2021 04:51pm

Europe

Moscow orders mandatory vaccinations over 'dramatic' case rise

Health officials in Moscow have in recent weeks reported a steady rise in the number of new Covid-19 cases, mirroring a trend across Russia.

Updated 16 Jun, 2021 04:53pm

Europe

Biden, Putin face off in tense Geneva summit

Putin is due to arrive first at the villa, then Biden, with Swiss President Guy Parmelin acting as host during the talks, scheduled to last up to five hours.

Published 16 Jun, 2021 04:29pm

World

Coronavirus toll at 1000 GMT Wednesday

At least 176,566,650 cases of coronavirus have been registered.

Published 16 Jun, 2021 04:25pm

Europe

Britain asks EU for extension of Brexit 'sausage war' deadline

Frost said an extension would "provide a bit of a breathing space for the current discussions to continue and try and find solutions."

Published 16 Jun, 2021 04:21pm

World

Pakistan-origin Lina Khan becomes chair of US Federal Trade Commission

Confirmation hailed by US Senator Elizabeth Warren
Khan, a Big Tech critic, previously worked at the FTC as a legal adviser

Published 16 Jun, 2021 01:35pm

World

Sydney records first local COVID-19 case in more than a month

Daily cases have remained in single digits for the last nine days in Victoria while other states and territories have effectively eliminated the virus.

Published 16 Jun, 2021 12:48pm

USA

Wide disagreements, low expectations as Biden, Putin meet

In contrast to Trump, whose 2018 summit with Putin in Helsinki included a meeting accompanied only by interpreters, Biden and Putin are not expected to have any solo dealings.

Published 16 Jun, 2021 12:25pm

USA

Trump to visit 'lawless' Texas-Mexico border

Texas "will do what Biden REFUSES to do - protect our citizens along the southern border," Abbott tweeted Tuesday.

Published 16 Jun, 2021 12:22pm

Middle East

Saudi executes Shiite man in 'flawed' trial: campaigners

The kingdom has one of the world's highest rates of executions.

Published 16 Jun, 2021 12:18pm

USA

US tops 600,000 Covid deaths, New York and California drop curbs

Biden has set July 4 as the target date for 70 percent of US adults to have received at least one dose

Updated 16 Jun, 2021 12:59pm

Asia

What's at stake in Iran's presidential election?

Many Iranian media outlets see poll frontrunner Raisi as a possible successor to Khamenei, who turns 82 in July.

Published 16 Jun, 2021 11:53am

Europe

Jobs fears as Italy eyes end to Covid ban on layoffs

Confindustria, Italy's main employers organisation, has forecast economic growth of around five percent in 2021, a prediction shared by the Bank of Italy.

Published 16 Jun, 2021 11:50am

Middle East

Hopes languish for Kurdish refugees in Iraq watching Iran vote

But Ibrahim said that once Rouhani became president, nothing was done.

Published 16 Jun, 2021 11:41am

Asia

'No time to waste' warns Japan climate activist

That significantly firmed up Tokyo's climate commitments and was a "major step forward," Hirata said.

Published 16 Jun, 2021 11:34am

Asia

5.8 magnitude quake hits eastern Indonesia

Shallow quakes tend to do more damage than deep ones, but there were no immediate reports of major damage or casualties.

Published 16 Jun, 2021 11:28am

Africa

Covid, conflict and debt hinder Ethiopia's economic reforms

There are signs foreign investors remain upbeat.

Published 16 Jun, 2021 11:22am

Asia

China says no leak at nuclear plant, no change to detection standards

The Taishan project, completed in 2019, consists of two French-designed reactors, and is located around 200 km (124 miles) from Hong Kong.

Published 16 Jun, 2021 10:31am

World

Car bomb attack at Colombian military base wounds 36

The various armed groups battle for control of 41,000 hectares of coca leaf in the region, as well as control of an important smuggling route to Venezuela and the Caribbean.

Published 16 Jun, 2021 10:14am

World

North Korea's Kim admits food situation 'tense'

Trade with China, the North's economic lifeline, has slowed to a trickle, while all international aid work faces tight restrictions.

Published 16 Jun, 2021 10:11am

Europe

EU chief to launch recovery fund in Lisbon, Madrid

With both countries hugely dependent on tourism, their economies have been significantly affected.

Published 16 Jun, 2021 10:09am

World

Israel launches airstrikes on Gaza over incendiary balloons

Attack comes weeks after the 11-day Israeli assault on Gaza killed 256 people including 66 children

Updated 16 Jun, 2021 04:29am

World

Ikea France found guilty in employee spying scandal

PARIS: A French court ruled Tuesday that Ikea had set up an elaborate system to illegally spy on hundreds of...