Bloomberg Malian Vice President Assimi Goita said he fired the nation’s president and prime minister, hours after the two men were detained by mutinous soldiers. “In light of recent events, I feel obliged to relieve the president and prime minister of their functions to defend the republic,†Goita said in a statement read on state television on Tuesday by Baba ...
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Biden, Putin to meet in Geneva for first summit on June 16
Bloomberg President Joe Biden will meet Russian President Vladimir Putin in Geneva on June 16, the first summit between the two leaders since the American president took office. “The leaders will discuss the full range of pressing issues, as we seek to restore predictability and stability to the US-Russia relationship,†White House Press Secretary Jen Psaki said in a statement ...
Read More »India police visit Twitter office after it tagged pro-Modi posts
Bloomberg Police visited Twitter Inc’s empty offices in India following the company’s decision to label multiple tweets from accounts linked to the country’s ruling party as manipulated media. The unexpected visit happened late Monday after Twitter labelled multiple tweets for violating its synthetic and manipulated media policy, a person familiar with the matter confirmed. The policy forbids users from sharing ...
Read More »US to aid Gaza without helping Hamas: Blinken
Bloomberg US Secretary of State Antony Blinken kicked off a Middle East diplomatic mission with a pledge to help reconstruction efforts in Gaza, left battered after a destructive 11-day conflict with Israel. Standing next to Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Blinken said he will specify an aid package to the Palestinians later on Tuesday. The US will ensure ...
Read More »Train collision leaves 200 injured in Kuala Lumpur
Bloomberg Two light rail transit trains collided at an underground section near the famed Petronas twin towers in Kuala Lumpur, injuring more than 200 passengers in a rare mishap that has prompted a full government probe. No deaths were reported while 47 passengers sustained serious injuries, Bernama cited Dang Wangi District Police chief Mohamad Zainal Abdullah as saying. The collision ...
Read More »US, EU vow to pressure Belarus on diversion of Ryanair jet
Bloomberg Backed by the US, European Union (EU) leaders moved to impose new sanctions on Belarus over the forced landing of a Ryanair Holdings Plc jet and the arrest of a dissident journalist. “It’s piracy,†German Finance Minister and Vice Chancellor Olaf Scholz said on Tuesday in a Bloomberg webinar. “I’m really, really angry about what happened and we cannot ...
Read More »Germany suffers $366bn hit from Covid-19 fallout
Bloomberg Germany has suffered a 300 billion-euro ($366 billion) blow from fallout linked to the coronavirus and the economic damage will take years to fix, according to research group IW Cologne. The pandemic is projected to slash about 100 billion euros ($122.59 billion) from the output of Europe’s largest economy in the first half of 2021, adding to the hit ...
Read More »UK kicks off fiscal year with $45bn budget deficit
Bloomberg The UK posted a 31.7 billion-pound budget deficit ($45 billion) in April as the new fiscal year got under way. The shortfall reported by the Office for National Statistics on Tuesday was in line with the median forecast of economists but well below the 47.3 billion pounds registered in April last year, when the first coronavirus lockdown pummeled the ...
Read More »US sales of previously owned homes fall for a third month
Bloomberg Sales of previously owned US homes dropped unexpectedly in April for a third straight month as an inventory crunch pushed up prices by the most on record and restrained purchases. Contract closings decreased 2.7% from the prior month to an annualised 5.85 million, the slowest pace since June, according to data from the National Association of Realtors. The median ...
Read More »France weighs new border curbs with UK
Bloomberg France will likely decide on Wednesday whether additional restrictions are needed at its border with the UK to fend off a coronavirus variant first identified in India. The UK is trying to make a case to France that extra curbs aren’t necessary, citing the large share of its vaccinated population, a person familiar with the discussions said. About 70% ...
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