December, 2020

• 14 December

  US lifts Sudan’s listing as ‘sponsor of terror’

  

  Bloomberg The US rescinded Sudan’s almost three-decade designation as a state sponsor of terror, paving the way for the North African country to rejoin the global community and boost its ravaged economy. “The congressional notification period of 45 days has lapsed and the secretary of state has signed a notification stating rescission of Sudan’s State Sponsor of Terrorism designation is ...

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• 14 December

  14 Venezuelan migrants drowned, six missing

  Bloomberg Fourteen Venezuelan migrants drowned and six are missing after a failed bid to reach Trinidad and Tobago by boat. Eleven bodies were recovered, and another three corpses were found on a Venezuelan beach, the nation’s government said in a statement. The vessel departed from the Venezuelan town of Guiria on December 6 with 20 people on board, according to ...

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• 14 December

  US agencies hit in brazen attack by suspected Russian hackers

  

  Bloomberg In one of the most audacious hacks in recent memory, US government agencies were attacked as part of a global campaign that exploited a flaw in the software updates of a US company. The hackers are suspected to be part of a notorious hacking group tied to the Russian government, the Washington Post reported. The attack included breaches at ...

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• 14 December

  EU urges China to give staffer of Bloomberg News legal access

  Bloomberg The European Union called on Chinese authorities to allow a Bloomberg News staffer who was detained last week in Beijing to have access to a lawyer, medical care and contact with her family. China has confirmed that Haze Fan, a Chinese citizen who has worked with Bloomberg News since 2017, was detained by the Beijing Municipal National Security Bureau ...

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• 14 December

  New York may get 12 inches of snow from midweek storm

  Bloomberg The springlike temperatures are giving way to winter conditions across the Northeast, with the threat of snow rising for New York and New England from a fast-moving storm that will hit late Wednesday. New York could get 8 to 12 inches of snow starting from Wednesday from a storm starting to come together across the western US, said Bob ...

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• 14 December

  UK businesses plead for time to avoid looming Brexit cliff edge

  

  Bloomberg British business groups pleaded with the government to extend the time they have to prepare for the nation’s departure from the European Union after leaders from both sides agreed to continue talks. UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen gave negotiators another shot at reaching a deal on the terms of trade before ...

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• 14 December

  Trump, top officials to be offered Covid vaccine within days

  

  Bloomberg President Donald Trump and other top US officials will be offered the newly approved coronavirus vaccine within days as part of a plan to ensure continuity in government amid the pandemic, people familiar with the effort said. The vaccinations will be offered to critical personnel in all three branches of government deemed essential, and could start soon. The shots ...

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• 14 December

  EQT offers to buy Recipharm of Sweden in $2.1billion deal

  Bloomberg Private equity firm EQT AB has made an offer to take over Swedish pharmaceuticals company Recipharm AB in a deal valued at about $2.1 billion. EQT is offering shareholders 220 kronor in cash per share, compared to Friday’s closing price of 179 kronor. It’s also proposing to give holders of Recipharm’s senior unsecured convertible bonds 1.43 billion kronor in ...

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• 14 December

  Tech giants gird for business threats under strict new EU laws

  

  Bloomberg US tech giants are bracing for new laws that could force sweeping changes to how they operate in Europe, with significant fines or, in extreme cases, orders to break up the worst offenders. The new Digital Markets Act, set to be proposed by the European Union on Tuesday, targets so-called gatekeeper companies, platforms with the power to control distribution ...

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• 14 December

  ‘UK property boom will last another year’

  Bloomberg The surge in UK property prices will persist into next year as housing needs outweigh economic uncertainty, according to Rightmove. It predicts asking prices will climb 4% in 2021 as this year’s unprecedented demand spills into the coming months. Currently there is a logjam of 650,000 properties in the market, with prices up 6.6% compared to this time last ...

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