German Chancellor Angela Merkel reversed plans on Wednesday for a coronavirus lockdown over Easter amid criticism from experts and officials over the move. The plans had called for placing the country in a strict lockdown over the Easter holiday — which would have seen all shops and churches close from April 1-5. “We must try […] Read more
Turkey’s lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country’s central bank chief — the third to be fired in two years — sending shockwaves through the investor community. The currency plunged more than 16% in early morning Asian trading, according to analysts, hitting 8.4 against the dollar compared to […] Read more
LONDON — Warnings of an exponential rise in infections for Germany and a fresh monthlong lockdown in Paris have underlined the dire situation across Europe as the coronavirus surges once again. The variant first discovered in the U.K. is seen as the reason for the new spike. The strain is reported to be much more virulent than the original one. The […] Read more
Nike posted mixed quarterly results on Thursday, as sales fell short, hurt by U.S. port congestion, which led to inventory delays, and stores faced temporary closures in Europe. Its shares were down around 1% in after-hours trading. Here’s how Nike did during the quarter ended Feb. 28, compared with what analysts were expecting, based on a […] Read more
The European Commission, the EU’s executive arm, proposed Wednesday a vaccination certificate for citizens as a way to prop up tourism-related activities this summer. Tourism-reliant economies, such as Greece, have pushed for a common EU system that would restore some travel in the region this summer. These countries struggled with fewer visitors during 2020 and […] Read more
The U.S. could still see another coronavirus surge — even as vaccinations against Covid-19 rapidly rise across the nation — as states relax restrictions and more Americans travel for spring break, the head of the Centers for Disease Control and Prevention warned Monday. “With the coming warmer weather, I know it’s tempting to want to […] Read more
LONDON — The European Union on Thursday authorized the use of the one-dose coronavirus vaccine created by Johnson & Johnson, adding another weapon in the armory being used to fight Covid-19. Europe’s drug regulator gave its recommendation earlier on Thursday with the EU Commission giving formal approval later in the day. The vaccine has the added […] Read more
WASHINGTON – For the first time since President Joe Biden took office, senior U.S. officials will hold high-level, in-person talks with Chinese representatives next week in Alaska. Secretary of State Antony Blinken and National Security Advisor Jake Sullivan will meet in Anchorage, Alaska on March 18 with the People’s Republic of China’s Yang Jiechi, a […] Read more
Queen Elizabeth said Tuesday that the royal family will address allegations of racism within Buckingham Palace made by Prince Harry and the Duchess of Sussex in their explosive interview with Oprah Winfrey. The queen’s comments were her first since that interview, when Harry and Meghan Markle also detailed a lack of support by the royal […] Read more
The U.S. and the European union will suspend tariffs for four months tied to a long-running dispute over illegal subsidies for Boeing and Airbus, the president of the European Commission said Friday. The agreement is a step toward resolving the 17-year dispute that has led to retaliatory tariffs on billions of dollars of goods affecting a range […] Read more
