January, 2021

• 24 January

  Jailed Putin foe Navalny rallies supporters despite crackdown

  

  Bloomberg Supporters of opposition leader Alexey Navalny held Russia’s biggest anti-Kremlin protests since at least 2018, braving clashes with riot police and freezing temperatures to demand his release from jail. Tens of thousands turned out in dozens of cities across the world’s largest country, defying the authorities’ warnings that they may face charges of “mass disorder” for the unauthorised protests. ...

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• 24 January

  Labour allies of S Africa’s ANC slam party for inaction

  

  Bloomberg The Congress of South African Trade Unions, a key ally of the country’s ruling African National Congress, has attacked the party for everything from delays in securing Covid-19 vaccines to failing to provide income support for workers affected by the pandemic. In a submission to a meeting of the ANC’s top decision-making body, the National Executive Committee, the 1.8 ...

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• 24 January

  Zimbabwe president says ‘help is on the way’

  Bloomberg Zimbabwean President Emmerson Mnangagwa said “help is on the way,” as the country reels from a rise in coronavirus infections and deaths that have claimed the lives of two members of his cabinet. In a televised address, Mnangagwa said government was engaging countries that have developed vaccines and once secured, they would be given first to health-care workers. “Help ...

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• 24 January

  Scotland’s leader wants to force legal independence vote

  

  Bloomberg Scottish First Minister Nicola Sturgeon said she remains committed to a legal referendum on independence after her party set out a plan of action should the UK government continue to refuse to grant one. The Scottish National Party (SNP) leader said that if the party wins May’s regional election in Scotland, the UK’s position will be untenable because voters ...

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• 24 January

  Biden seeks to juice economy as Congress spars over stimulus

  

  Bloomberg President Joe Biden is discovering the limits of his power to boost world’s largest economy on his own, as congressional opposition to his sweeping stimulus plan hardened soon after he was inaugurated. While publicly urging Congress to swiftly pass his $1.9 trillion proposal — warning of rising unemployment, hunger and homelessness if lawmakers don’t act — Biden issued more ...

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• 24 January

  Johnson pledges to do ‘whatever it takes’ to support UK jobs

  

  Bloomberg Prime Minister Boris Johnson pledged to do “whatever it takes” to help UK workers through the pandemic, in a further sign the government will extend its job support plan. Asked whether the furlough program would be extended past April if the UK remained under lockdown, Johnson said the government would “support livelihoods” as it had done through the crisis. ...

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• 24 January

  Credit card delinquencies in US hit record-low levels

  Bloomberg US credit card delinquencies reached record-low levels in 2020, as Americans took advantage of stimulus checks and adjusted their spending habits, according to a new report. Delinquencies on bank-issued cards stood at 1.53% in the third quarter of 2020, virtually unchanged from the previous quarter, after rising to 2.62% at the onset of the pandemic as millions of Americans ...

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• 24 January

  Germany cuts 2021 economic outlook amid fresh lockdowns

  

  Bloomberg Germany cut its prediction for economic growth as the extension of coronavirus lockdowns hits activity at the start of the year. The government now expects a 3% expansion in 2021, down from 4.4% forecast at the end of October, according to a person familiar with its annual economic report to be published next week. Economy Minister Peter Altmaier is ...

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• 24 January

  France faces renewed lockdown ‘within days’

  Bloomberg France is set to go back into lockdown “within days” amid concerns over a new wave of contaminations driven by the UK variant of the coronavirus, Journal du Dimanche (JDD) said, citing unidentified people with knowledge of the matter. A decision is imminent, JDD wrote, saying French President Emmanuel Macron could announce lockdown — the country’s third — on Wednesday ...

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• 24 January

  Brexit slows down factory deliveries, hitting UK economy

  

  Bloomberg Brexit drove the second-biggest jump in UK delivery times in at least 30 years this month, adding to Britain’s economic woes as Covid shut down services. IHS Markit said that UK output falls at the quickest rate since May, hurt by additional red tape from leaving the European Union single market and a severe lockdown at home. That followed ...

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