400,000 forced into lockdown after local COVID-19 outbreak in Germany
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Brexit brings no benefits, no-deal will hit manufacturing hard: report
Lotus cars – Photo Brian Snelson LONDON – An EU-UK no-trade deal would have a big negative effect on British manufacturing, says a report Wednesday, particularly on volume car production, as it tries to recover from the slump caused by Covid-19. The worst-case scenario would introduce delays at the UK-EU border and add costs and disrupt…
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Japan rushes UK to agree first post-Brexit trade deal
Tokyo/London | Japan has given the UK just six weeks to strike a post-Brexit deal, putting Boris Johnson’s government under pressure to agree one of the fastest trade negotiations in history — and Britain’s first in more than 40 years. Time is so short that both sides will need to “limit their ambitions”, warned Hiroshi Matsuura, Tokyo’s chief…
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EU chiefs press China on trade, Hong Kong security law
Tensions have been rising between the 27-member bloc and China over a range of issues, including Hong Kong and the coronavirus pandemic. After speaking with Chinese leaders, EU chiefs sent out a stern message to China. Top EU officials struck a tough tone during talks on Monday, pressing China on its trade and investment relationship…
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South Korea confirms it’s battling second wave of coronavirus infections
People wearing masks as they pray during a ceremony of Buddha’s birthday at Jogyesa Temple on 30 May 2020 in Seoul, South Korea. Source: Getty South Korean authorities have said for the first time the country is in the midst of a “second wave” of novel coronavirus infections around Seoul, driven by small but persistent…
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Germany Is Finally Ready to Spend
In the long run, the COVID-19 pandemic may change Europe’s economy for the better. People wearing face masks walk in front of a euro sign in Frankfurt am Main, Germany, on April, 24. YANN SCHREIBER/AFP/GETTY IMAGES Germany’s fiscal prudence hasn’t made the country popular. Over the past several years, economists have written countless op-eds blaming Germans…
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Coronavirus outbreak at German slaughterhouse infects more than 1,000 employees
FRANKFURT – More than 1,000 employees at German meat processing firm Toennies have tested positive for coronavirus, prompting local health authorities to order all 6,500 employees and their families to go into quarantine. The localized lockdown is a setback for Germany’s reopening strategy. Chancellor Angela Merkel had favored maintaining lockdown discipline for longer but eased…
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Trump to sign order expanding immigration restrictions to include H-1B, other guest worker programs
President Trump on Monday is expected to sign an executive order that significantly expands current immigration restrictions to include a number of guest worker programs including the H-1B visa — an order the administration says will put Americans first for jobs as the economy emerges from coronavirus lockdowns. Trump previously signed an order in April that restricted some green…
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UNHCR Chief: Europe ‘not able to deal’ with record-high refugee movements
The UN refugee agency revealed that the number of people fleeing war and persecution was more than 79 million last year — the highest such figure since the agency was founded 70 years ago. Euronews spoke to the UN High Commissioner for Refugees, Filippo Grandi, who explained what was driving such high figures. “It is…
