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Europe

English lockdown set to last until at least March, Johnson indicates
Europe

English lockdown set to last until at least March, Johnson indicates

  • Prime Minister Boris Johnson indicated on Wednesday the COVID-19 lockdown in England would last until March 8 when schools could start to reopen as the government announced new measures to clamp down on travel to and from Britain.
  • On Tuesday, Britain’s COVID-19 death toll surpassed 100,000, the first European state to reach that figure, leading to questions about Johnson’s handling of a crisis that has also battered the economy.
Updated 27 Jan, 2021 10:17pm
France's curfew not slowing COVID-19 infections enough
Europe

France's curfew not slowing COVID-19 infections enough

  • The data shows that at this time the curfew is not putting enough of a brake on the spread of the virus.
  • The different scenarios under discussion range from maintaining the status quo to a very strict lockdown, Attal said.
Updated 27 Jan, 2021 11:24pm
Russian lawmakers approve extension of nuclear arms pact with US
Europe

Russian lawmakers approve extension of nuclear arms pact with US

  • Signed in 2010, the New START (Strategic Arms Reduction Treaty) is a cornerstone of global arms control and limits the numbers of strategic nuclear warheads.
  • "The essence of the agreement is to extend it for five years, as it was signed, without any changes," Deputy Foreign Minister Sergei Ryabkov told the Duma.
Updated 27 Jan, 2021 11:24pm
Spanish regions cap COVID-19 vaccinations due to slowing supply
Europe

Spanish regions cap COVID-19 vaccinations due to slowing supply

  • She has to move heaven and earth to make it happen, for Madrid and Spain. Because there are lives on the line.
  • Its announcement angered some European Union governments and the executive European Commission due to the slow pace of vaccine rollouts in the 27-nation bloc.
Updated 27 Jan, 2021 11:23pm
Paris prosecutor seeks Air France, Airbus trial over deadly 2009 crash
Europe

Paris prosecutor seeks Air France, Airbus trial over deadly 2009 crash

  • In 2019, French judges dropped charges against the airline and plane manufacturer over the crash, blaming the pilots for losing control of the plane.
  • French investigators found the crew of AF447 mishandled the loss of speed readings from sensors blocked with ice from a storm.
Updated 27 Jan, 2021 11:31pm
Europe's top shorted stocks soar on GameStop contagion
Europe

Europe's top shorted stocks soar on GameStop contagion

  • Evotec surged as much as 30% in Frankfurt at one point as traders rushed into a stock where the US hedge fund headed by Gabriel Plotkin has built a 6.2% short position.
  • Melvin is likely to have lost several million dollars on its bearish bets on GameStop after the US videogame retailer jumped seven-fold since mid January.
Updated 27 Jan, 2021 11:23pm
UK passes 100,000 COVID deaths
Europe

UK passes 100,000 COVID deaths

  • The death toll in Britain from the coronavirus pandemic passed 100,000 people on Tuesday as the government battled to speed up vaccination delivery and keep variants of the virus at bay.
  • Britain has the world’s fifth highest toll from COVID-19 and reported a further 1,631 deaths and 20,089 cases on Tuesday.
Published 26 Jan, 2021 10:57pm
Vaccine concerns divide nations at Davos
Europe

Vaccine concerns divide nations at Davos

  • The Commission is demanding answers from British-Swedish group AstraZeneca and US company Pfizer about delays both have announced to their deliveries to the European Union.
Published 26 Jan, 2021 09:23pm
IMF cuts Britain's 2021 growth outlook after COVID surge
Europe

IMF cuts Britain's 2021 growth outlook after COVID surge

  • The IMF was slightly more optimistic than in its last set of forecasts in October, upgrading the outlook for global growth in 2021 by 0.3 percentage points to 5.5%.
  • The IMF estimates Britain was the worst-hit of the world's seven largest advanced economies last year, suffering a 10.0% decline in output.
Published 26 Jan, 2021 08:48pm
Italy PM tenders resignation: president
Europe

Italy PM tenders resignation: president

  • Conte is expected to seek a new mandate for what would be his third consecutive government in three years, but this depends on his ability to expand his parliamentary majority.
Published 26 Jan, 2021 08:20pm