Business

United States, European Stocks End At Records On United States

US and European stocks pushed into record area on Monday, buoyed by a pandemic recovery package agreed in the United States and Britain’s Brexit deal with the EU. All three major United States stock indices completed at all-time highs, a feat reached earlier in the day by Germany’s DAX index. ” The stock exchange remains in a celebration mode today,” …

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In Last Days, A Deteriorated Trump Faces First Veto Bypass

Donald Trump, after caving to pressure and signing a $900 billion coronavirus relief bundle, deals with another potential humiliation this week with Congress poised to provide the first veto override of his waning presidency. A two-thirds majority of those ballot is required in the 435-member House of Representatives and 100-seat Senate to strike down Trump’s veto of the fiscal 2021 …

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EU Clears Method For China Financial Investment Pact

EU member states gave political backing to Brussels’ organized financial investment pact with China on Monday, clearing the way for a deal in between the world’s greatest financial blocs. At a meeting of ambassadors, the German EU presidency kept in mind that no member had “raised a stop sign and the method for a political endorsement was hence cleared”, a …

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Saudi Activist’s Suspended Sentence Paves Method For Early Release

A Saudi court on Monday handed prominent activist Loujain al-Hathloul a prison term of five years and eight months for terrorism-related criminal activities, however a suspended sentence will allow her release within months, her family stated. Hathloul, 31, was apprehended in May 2018 with about a dozen other women activists simply weeks before the historical lifting of a decades-long ban …

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EU Clears Way For China Investment Pact

EU member states offered political support to Brussels’ scheduled financial investment pact with China on Monday, clearing the way for a deal between the world’s biggest economic blocs. At a conference of ambassadors, the German EU presidency noted no member had “raised a stop sign and the method for a political recommendation was hence cleared”, a diplomat stated. The diplomats …

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Brexit Trade Offer Gets EU Thumbs-up

The European Union gave the green light on Monday to its post-Brexit trade handle the UK, clearing the method for it to come into effect in the New Year. The British parliament will have to ratify the deal later this week, but Brussels will use it provisionally, cushioning the economic shock of the divorce. Customizeds and regulatory controls on cross-Channel …

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Little Delay In Pfizer Vaccine Deliveries To 8 EU Nations: Spain

Pfizer has held off the shipment of brand-new batches of its coronavirus vaccine to 8 European countries consisting of Spain, the Spanish health ministry said Monday, a day after the EU started its immunisation campaign. The Spanish branch of Pfizer informed Madrid on Sunday night of the delay in deliveries to the eight countries due to a “problem in the …

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Bangladesh Relocations More Rohingya To Controversial Island

Bangladesh on Monday began moving a 2nd group of Rohingya refugees to a controversial flood-prone island in the Bay of Bengal in spite of opposition from rights activists. More than 1,600 of the Muslim minority from Myanmar were taken to Bhashan Char previously this month, and Foreign Minister A.K. Abdul Momen said simply under 1,000 were in the latest batch …

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