December, 2021

• 28 December

  Taiwan braces for more Chinese warplane flybys in 2022

  

    Bloomberg Taiwan is bracing for more Chinese military patrols in 2022, after People’s Liberation Army (PLA) incursions more than doubled this year, fuelling concern about a clash between the region’s big powers. Chinese warplanes have made some 950 forays into Taiwan’s air-defense identification zone since January, according to Bloomberg-compiled data from the Ministry of National Defense in Taipei. That ...

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• 28 December

  ‘Omicron may cut Delta infections’

  

    Bloomberg Infection with the Omicron coronavirus variant can also strengthen immunity against the earlier Delta strain, reducing the risk of severe disease, according to a paper released by South African scientists. While omicron has been shown to be highly transmissible and can evade some antibodies, after two weeks of getting symptoms immunity to subsequent infections from the strain rose ...

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• 28 December

  Hong Kong adds sedition charge for ex-media mogul Jimmy Lai

  

    Bloomberg Hong Kong added a colonial-era sedition charge to Jimmy Lai’s mounting list of prosecutions, as the government’s crackdown on dissent zeros in on the former media mogul. The jailed tycoon and six former employees of his flagship Apple Daily newspaper were charged with conspiracy to produce and distribute seditious publications under the Crimes Ordinance in West Kowloon Magistrates’ ...

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• 28 December

  UK’s Sunak to slash thousands of civil service jobs, reports FT

  

    Bloomberg Chancellor of the Exchequer Rishi Sunak plans to cut tens of thousands of jobs within the UK civil service over the next three years, the Financial Times (FT) reported. The Treasury is expected to set parameters for the reductions in early 2022, the newspaper reported, citing people briefed on the plans. The reductions are meant to save government ...

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• 28 December

  Canada sets record by granting permanent residency to 401,000

  

    Bloomberg Canada has welcomed more than 401,000 permanent residents in 2021, achieving its goal set last year, and marking the highest immigration year on record. The federal government announced the milestone, adding that the record immigration flows were attained despite the ongoing pandemic, which prompted the country to close its borders to foreigners for much of the year. Because ...

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• 28 December

  France to send employees home as Covid cases surge

    Bloomberg France will force its citizens to work from home for most of next month to contain the spread of the highly transmissible omicron variant. Workers that have the option to stay away from the office must do so a minimum of three days and if possible four days a week to help reduce social contacts, Prime Minister Jean ...

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• 28 December

  School closings surge 82% as Omicron spreads across US

  

    Bloomberg For US school officials struggling with a sharp rise in Covid-19 cases, winter break can’t come soon enough. There were 646 Covid-related school closings for this week, up from 356 the week before, according to Burbio, a data service that aggregates calendars nationwide. Schools in states including Michigan, Maryland, Pennsylvania and Ohio shifted to virtual learning or closed ...

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• 28 December

  Ireland tells people to avoid crowds

    Bloomberg Ireland’s chief medical officer warned people to avoid shops and not to mix with people from other households indoors, as coronavirus cases soar. People should “avoid crowded places including retail environments” and shop online “where possible,” chief medical officer Tony Holohan said. “Do not socialise or meet indoors with people from the other households,” he added. The nation ...

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• 28 December

  EU weighs new powers to maintain supplies during crises

  

    Bloomberg The European Union is weighing a broad set of new powers, including possible export controls, that would give it the ability to protect the bloc’s supply chain during periods of crisis. The European Commission, the EU’s executive arm, will unveil the proposal as soon as the spring, according to an EU official familiar with the plan. The new ...

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• 28 December

  European stocks rise with US futures after S&P 500 record

  

    Bloomberg Stocks in Europe advanced along with US equity futures as traders evaluated the resilience of the global recovery to a record spike in coronavirus cases. The Stoxx Europe 600 index nudged closer to last month’s record high, with utilities and car makers leading the advance as all industry sectors gained. Contracts on the S&P 500 and Nasdaq 100 ...

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