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January 20, 2021

World economy

Germany discovers new Covid variant among 35 hospital patients

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CNBC – For more and to sign up click here Snow lies in front of the entrance to the Garmisch-Partenkirchen hospital. A possibly new variant of the coronavirus has been discovered at the Garmisch-Partenkirchen hospital. Samples are currently being examined at the Charité hospital in Berlin, the hospital announced on......

World on the brink of ‘catastrophic moral failure’ due to unfair vaccine rollouts, WHO chief says

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CNBC – For more and to sign up click here Healthcare workers administer the COVID-19 vaccine to residents living in the Jackson Heights neighborhood at St. Johns Missionary Baptist Church on January 10, 2021 in Tampa, Florida. Octavio Jones | Getty Images LONDON — The head of the World Health......

Germany takes a step toward post-Merkel era but the race for her successor is wide open

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CNBC – For more and to sign up click here German Chancellor Angela Merkel during a press conference following a meeting of the German government coronavirus cabinet task force during the second wave of the coronavirus pandemic on November 2, 2020 in Berlin, Germany. Pool | Getty Images News |......

China’s V-shape recovery is ‘complete,’ but analysts warn of a slowdown ahead

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CNBC – For more and to sign up click here A man wears a protective mask on February 10, 2020 in Wuhan, China. Getty Images SINGAPORE — China’s economy ended 2020 on a strong note after official data showed activity picked up further in the fourth quarter, but some economists......

Oil optimism could be derailed by coronavirus risks, Dan Yergin says

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CNBC – For more and to sign up click here SINGAPORE — Oil producer group OPEC left its 2021 forecast for crude demand growth unchanged on expectations of an economic recovery. But that could change, warns energy expert Dan Yergin. Yergin, vice-chairman at IHS Markit, told CNBC on Friday that......

China is set to report GDP numbers on Monday. Here’s what economists expect

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CNBC – For more and to sign up click here A Chinese flag flies near apartment buildings in Beijing. Greg Baker | AFP | Getty Images SINGAPORE — China’s new economic data next week will likely confirm the country as one of the few economies that grew in 2020 despite......

Covid infection provides some immunity for at least five months, UK study finds

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CNBC – For more and to sign up click here Patients arrive in ambulances at the Royal London Hospital, on January 05, 2021 in London, England. The British Prime Minister made a national television address on Monday evening announcing England is to enter its third lockdown of the covid-19 pandemic.......

Biden’s focus on climate change could turn up the pressure on China’s mega infrastructure program

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CNBC – For more and to sign up click here Workers take down a Belt and Road Forum panel outside the venue of the forum in Beijing on April 27, 2019. Greg Baker | AFP | Getty Images SINGAPORE — U.S. President-elect Joe Biden’s pledge to prioritize fighting climate change......

France’s vaccine-skepticism is making its Covid immunization drive much harder  

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CNBC – For more and to sign up click here A nurse prepares the Pfizer-BioNTech Covid-19 vaccine, at a vaccination center, in Sarcelles near Paris on January 10, 2021. ALAIN JOCARD | AFP | Getty Images France is thought to be one of the most vaccine-skeptical nations in the world,......

Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier

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CNBC – For more and to sign up click here Covid-19 vaccines developed by China’s Sinovac Biotech are displayed during a press conference in Beijing on Sept. 24, 2020. Wang Zhao | AFP | Getty Images The Covid-19 vaccine developed by China’s Sinovac Biotech is just 50.4% effective in a Brazilian......

Biden could struggle with Taiwan issue rocking U.S.-China relations, says political risk expert

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CNBC – For more and to sign up click here The incoming Biden administration could struggle in managing its relationship with Taiwan — a precarious issue that has contributed to worsening U.S.-China relations, an expert on political risk said on Tuesday. President Donald Trump broke with decades of U.S. foreign......

Coronavirus mutations: Here are the major Covid strains we know about

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CNBC – For more and to sign up click here Healthcare workers enter visitor information on laptops before administering doses of the Pfizer-BioNTech Covid-19 vaccine at the Mother and Child Hospital in Belgrade, Serbia, on Sunday, Jan. 10, 2021. Bloomberg | Bloomberg | Getty Images Viruses constantly mutate, so it’s......

It’s a ‘hard sell’ if Biden administration wants to rejoin massive trans-Pacific trade deal, says analyst

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CNBC – For more and to sign up click here Demonstrators protesting against the Trans-Pacific Partnership are seen on Pennsylvania Avenue, in Washington, D.C. Mandel Ngan | AFP | Getty Images The era of trade liberalization is over, and it will be difficult for the incoming Biden administration to re-join......

A healthy economy can reduce inequality – but only to a limited extent

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CNBC – For more and to sign up click here A pedestrian wearing a face mask delivers food to a homeless person sleeping in the entrance of a shop, closed due to coronavirus restrictions, in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images “A return,......

‘Missile-like’ object found in Indonesian waters is a Chinese underwater drone, says defense analyst

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CNBC – For more and to sign up click here Part of the Selayar Islands in Indonesia’s South Sulawesi province. A local fisherman reportedly found a “missile-like” glider off Selayar Island in December 2020. Javed Hazara | iStock | Getty Images SINGAPORE — An underwater surveillance drone recovered deep inside......

Israel’s Covid vaccine rollout is the fastest in the world — here are some lessons for the rest of us

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CNBC – For more and to sign up click here A healthcare worker administers a Covid-19 vaccine at Clalit Health Services, in the ultra-Orthodox Israeli city of Bnei Brak, on January 6, 2021. JACK GUEZ | AFP | Getty Images While the U.S., U.K. and Europe attempt to ramp up......

Trump is a ‘danger’ to the country and he needs to go, say former U.S. diplomats

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CNBC – For more and to sign up click here U.S. President Donald Trump arrives to speak to supporters from The Ellipse near the White House on January 6, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Donald Trump — who has been blamed for inciting......

‘Anarchy in the USA’: Global media reacts to U.S. Capitol chaos

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CNBC – For more and to sign up click here Newspaper front pages show Wednesday’s storming by supporters of U.S. President Donald Trump of the U.S. Capitol on January 7, 2021 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Global media have been reacting to the......

Covid variant found in South Africa is worrying experts: Here’s what we know so far

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CNBC – For more and to sign up click here Scientist in a protective suit holds and compares two different Coronavirus of different color in his hands. Aitor Diago | Moment | Getty Images Viruses mutate all the time and it’s come as no surprise to experts the coronavirus that......

End of Qatar blockade is ‘a win for the region,’ Saudi foreign minister says

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CNBC – For more and to sign up click here The end of the Gulf dispute is a win for the region, Saudi Arabia’s foreign minister told CNBC after announcing that relations between Qatar and four Arab countries have been fully restored. Leaders of the Gulf Cooperation Council and Egypt......

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