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February 27, 2021

International Agencies / Treaty Groups

Britain backs work on new IMF special drawing rights allocation

Reuters
FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak talks during a TV interview in London, Britain November 22, 2020. REUTERS/Simon Dawson LONDON (Reuters) – Britain on Friday backed work on a new allocation of the International Monetary Fund’s Special Drawing Rights currency that would help poorer countries. “During today’s......

U.S. Secretary of State, Mexico’s foreign minister to talk Friday

Reuters
MEXICO CITY (Reuters) – U.S. Secretary of State Antony Blinken and Mexico’s foreign minister Marcelo Ebrard will hold a virtual meeting on Friday morning, Mexico’s foreign ministry said in a statement on Thursday. Blinken and Ebrard are due to discuss how to address the root causes of Central American immigration,......

Raising rates abruptly could jeopardise economic recovery: ECB’s Schnabel

Reuters
FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski/File Photo BERLIN (Reuters) – Raising interest rates too abruptly could jeopardise economic recovery, European Central Bank......

China confirms Xie Zhenhua appointed as new special climate envoy

Reuters
FILE PHOTO – Xie Zhenhua, China’s special representative for Climate Change Affair, speaks during a press conference in Beijing, China November 26, 2018. REUTERS/Stringer/File Picture BEIJING (Reuters) – Xie Zhenhua, who served as China’s chief negotiator during key climate meetings in Copenhagen and Paris, has been appointed the country’s new......

Hospitalisation risk 64% higher with UK coronavirus variant: Danish study

Reuters
FILE PHOTO: Citizens are tested for coronavirus disease (COVID-19) at Arena Nord in Frederikshavn, Northern Jutland, Denmark November 7 2020. Claus Bjoern Larsen/Ritzau Scanpix/via REUTERS COPENHAGEN (Reuters) – A Danish study has found that people infected with a more contagious coronavirus variant first identified in Britain have a higher risk......

UK will resist EU pressure on banks over clearing: BoE’s Bailey

Reuters
FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS/File Photo LONDON (Reuters) – Britain will resist “very firmly” any European Union attempts to arm-twist banks into shifting trillions......

FOREX-Dollar pummelled, Aussie soars as reflation trades grip FX markets

Reuters
* Graphic: World FX rates tmsnrt.rs/2RBWI5E LONDON, Feb 24 (Reuters) – The dollar remained at multi-year lows against the Antipodean currencies and held near a one-month low versus the euro as reflation trades gripped the currency markets on Wednesday. Federal Reserve Chair Jerome Powell reiterated on Tuesday that U.S. interest......

Biden plans to call Saudi Arabia’s King Salman on Wednesday: Axios

Reuters
FILE PHOTO: U.S. President Joe Biden announces changes to the main U.S. coronavirus disease (COVID-19) aid program for small businesses during brief remarks in the South Court Auditorium at the White House in Washington, U.S., February 22, 2021. REUTERS/Jonathan Ernst/File Photo (Reuters) – U.S. President Joe Biden plans to call......

IAEA chief Grossi describes black box-type deal reached with Iran

Reuters
VIENNA (Reuters) – The U.N. nuclear watchdog’s chief described his weekend deal with Iran on continued monitoring of its nuclear activities for up to three months as one where data is gathered but his agency is only able to access it afterwards. The International Atomic Energy Agency and Iran announced......

UK PM Johnson: we’re always looking to source more vaccines

Reuters
FILE PHOTO: British Prime Minister Boris Johnson attends a coronavirus pandemic media briefing at Downing Street, London, Britain February 15, 2021. Stefan Rousseau/PA Wire/Pool via REUTERS LONDON (Reuters) – Britain has sufficient vaccine supplies but is always looking to source more, Prime Minister Boris Johnson said on Monday. “We do......

UK preparing for COVID-19 revaccination programme this year

Reuters
FILE PHOTO: A vial of Astra Zeneca coronavirus vaccine is seen at a vaccination centre in Westfield Stratford City shopping centre, amid the outbreak of coronavirus disease (COVID-19), in London, Britain, February 18, 2021. REUTERS/Henry Nicholls LONDON (Reuters) – Britain is preparing for a revaccination programme against COVID-19, likely to......

Iran’s Zarif says ending IAEA snap inspections doesn’t breach 2015 nuclear deal

Reuters
FILE PHOTO: Iran’s Foreign Minister Mohammad Javad Zarif speaks at the presidential palace in Baabda, Lebanon August 14, 2020. Dalati Nohra/Handout via REUTERS DUBAI (Reuters) – Iran’s decision to end snap inspections by U.N. inspectors on Feb. 23 would not mean abandoning its 2015 nuclear deal, but the United States......

France’s Macron: ‘I do believe in NATO’

Reuters
French President Emmanuel Macron, attends a video-conference meeting ahead of 2021 Munich Security Conference at the Elysee palace in Paris, amid the coronavirus disease (COVID-19) outbreak, France, February 19, 2021. REUTERS/Benoit Tessier/Pool PARIS (Reuters) – French President Emmanuel Macron said on Friday his concept of “European strategic autonomy” in the......

Pandemic will not end until world is vaccinated, Merkel says

Reuters
German Chancellor Angela Merkel adjusts her mask after holding a news conference following a virtual summit with G7 leaders at the Chancellery in Berlin, Germany, February 19, 2021. REUTERS/Annegret Hilse/Pool BERLIN (Reuters) – Germany and other wealthy countries may need to give some of their own stock of vaccines to......

G7 says to coordinate approach to counter ‘non-market’ policies

Reuters
Britain’s Prime Minister Boris Johnson hosts the Online G7 Summit in the Cabinet Room at Downing Street in London, Britain February 19, 2021. Geoff Pugh/Pool via REUTERS LONDON (Reuters) – Group of Seven leaders on Friday said they would seek a collective approach to counter “non-market oriented” policies and practices,......

Kremlin hopes U.S., EU will refrain from imposing fresh sanctions on Russia

Reuters
FILE PHOTO: Kremlin spokesman Dmitry Peskov wearing a protective face mask attends Russian President Vladimir Putin’s annual end-of-year news conference, held online in a video conference mode, in Moscow, Russia December 17, 2020. REUTERS/Maxim Shemetov MOSCOW (Reuters) – Kremlin spokesman Dmitry Peskov said on Friday he hoped the United States......

UPDATE 1-Sterling hits highest level against euro since March 2020

Reuters
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Adds chart and comment, updates rates,) LONDON, Feb 18 (Reuters) – Sterling edged higher against both the euro and the dollar on Thursday, reaching its highest in almost a year against the single currency,......

Uganda central bank holds key lending rate at 7%

Reuters
KAMPALA (Reuters) – Uganda’s central bank held its key lending rate at 7% on Monday, saying the economy had lost momentum since its last monetary policy meeting in December. Reporting by Elias Biryabarema; Writing by George Obulutsa; Editing by Alison Williams Source – For more click here To Return to......

UK records 258 new COVID deaths, 10,972 more infections

Reuters
FILE PHOTO: A person walks past the entrance to a testing site, amid the coronavirus disease (COVID-19) pandemic, in London, Britain, January 21, 2021. REUTERS/Hannah McKay LONDON (Reuters) – Britain reported 258 new deaths within 28 days of a positive COVID-19 test and 10,972 new infections, official data showed on......

EU asks Hungary not to take opposition radio off air – letter

Reuters
BRUSSELS, Feb 13 (Reuters) – The European Union’s executive asked Hungary to “take urgent action” to let an opposition radio station continue broadcasting after it lost an appeal against the removal of its licence, according to a letter seen by Reuters. The EU this week expressed concern over media freedom......

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