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USA Senators urge Polish leaders to uphold Democracy

Bloomberg Poland’s new leaders are eroding the country’s democratic record through laws that give the government new powers, three U.S. senators said in a letter to Prime Minister Beata Szydlo. The dispatch by Senators John McCain, Benjamin Cardin and Richard Durbin follows an unprecedented move by the European Union’s executive last month to start a probe into whether rule of ...

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‘Laser’ diverts New York-bound flight to Heathrow

London / AFP A British pilots’ union on Monday demanded action after a laser beam dazzled the co-pilot on a New York-bound flight, forcing the Virgin Atlantic jet to turn back shortly following take-off from London’s Heathrow Airport. Police responded to “reports of a laser shone in the direction of a commercial flight that had taken off at Heathrow” on ...

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Polish mortgage scheme could hurt banks

Warsaw / AFP Poland’s controversial bid to convert foreign currency mortgages, mostly in Swiss Francs, into the local zloty currency, could “hurt” the Polish banking sector, a global ratings agency warned on Monday. Moody’s said the move by Poland’s new right-wing government would be “credit negative”, hurting the domestic banking sector’s “ability to lend and absorb future shocks”. “It would ...

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