Britain cracks down on travel to stop virus spread
Britain announced new measures to reduce travel in and out of the country on Wednesday, hoping that by tightening its borders it can reduce the risk of new variants of Continue Reading
Tensions rise as AstraZeneca, EU spar over vaccine delays
The European Union and drugmaker AstraZeneca sparred Wednesday over a delay in coronavirus vaccine deliveries amid a deepening dispute that raises concerns about international competition for limited supplies of the Continue Reading
Only 36% Of Russia’s Oil Reserves Are Profitable
Only 36 percent of Russia’s recoverable crude oil reserves can turn a profit in the current market, Deputy Energy Minister Pavel Sorokin said in an article for Energy Policy magazine. Continue Reading
German minister sees COVID-19 vaccine shortage well into April
Germany’s health minister said on Thursday he expects the current shortage of coronavirus vaccines to continue well into April, as the government faced new criticism over the pace of its Continue Reading
E.U. Vaccine Shortages Snowball Into a Crisis
The European Union has been besieged by problems since it approved its first coronavirus vaccine in December and rushed to begin a vast immunization campaign, but now its woes have Continue Reading
White House says Biden believes Nord Stream 2 pipeline is ‘bad deal’ for Europe
President Joe Biden believes the Nord Stream 2 natural gas pipeline is a “bad deal for Europe” and his administration will be reviewing restrictions on the project included in a Continue Reading
New coronavirus cases rise in France, third national lockdown feared
The daily number of new coronavirus infections in France stayed above 20,000 on average for the fourth straight day on Tuesday while hospitalizations reached an eight-week high of 27,041, increasing Continue Reading
EU approves more state aid to boost car batteries industry
The European Union has approved 2.9 billion euros in subsidies from 12 member countries for a second pan-European project to develop the electric battery industry and move away from its Continue Reading
E.U. threatens drug companies with legal action if it doesn’t get its vaccines
The European Union on Tuesday stepped up pressure on pharmaceutical companies it says have hobbled coronavirus vaccine rollouts, proposing tighter export controls and threatening potential legal action after two manufacturers announced Continue Reading
Europe Vaccination Lag, Global Services Slump, IMF Take: Eco Day – Bloomberg
Welcome to Wednesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: Widespread lockdowns and slower vaccine rollout in Europe have put the Continue Reading