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Russian space agency adviser to CEO detained

Bloomberg Russian investigators have detained an adviser to the head of the country’s space agency on charges of treason, Roscosmos said on Tuesday. The Federal Security Service said Ivan Safronov was suspected of passing information on arms sales and other defense and security matters to a North American Treaty Organization (NATO) country that it didn’t name, the state-run RIA Novosti ...

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Europe sees deeper slump in new warning on virus hit

Bloomberg Europe’s economy will suffer more than previously estimated this year and take longer to recover because of a slow easing of coronavirus restrictions, according to the bloc’s executive arm. Officials sent the starkest warning yet about the impact of the pandemic, with the divergences between richer and poorer countries opening up even further than projected two months ago. It ...

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UK’s support for 12.1m jobs adds to pressure on Sunak

Bloomberg The number of jobs supported by the UK government’s pandemic support exceeds 12 million, highlighting the scale of the task facing Chancellor of the Exchequer Rishi Sunak as he prepares to announce his latest economic strategy on Wednesday. While the rate of increase in the use of the furloughing program and the self-employed plan has slowed since the height ...

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