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Dominican voters oust ruling party

Bloomberg Voters in the Dominican Republic ousted the party that has dominated the country for two decades as Latin America continues to vote out incumbents. Opposition leader Luis Abinader will be sworn in as president of the Caribbean’s largest economy next month after winning in the first round and avoiding a runoff. With 83% of polling stations reporting, Abinader of ...

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EU officials to talk with Gilead on Covid-19 drug

Bloomberg European Union officials were expected to talk with Gilead Sciences Inc executives on Monday to hammer out a deal to secure its antiviral drug remdesivir to combat the coronavirus, according to a person familiar with the matter. Health Commissioner Stella Kyriakides was expected to speak with Gilead about purchasing the drug on behalf of 16 EU members, including Germany, ...

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Second-wave risk makes EU relief fund crucial: Slovenia

Bloomberg The risk of a second wave of the coronavirus hitting the European Union makes the speedy approval of the bloc’s 750 billion-euro ($844 billion) relief fund crucial to an economic rebound, Slovenia’s finance minister said. The impact of Covid-19 and the subsequent lockdowns that have sent the EU spiralling into its worst recession in decades will persist into 2021, ...

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