According to sources from the Spanish government, Madrid is slated to sign a $300 billion deal with Qatar’s sovereign wealth fund, wherein the latter will invest in Spanish projects that are funded by European Union COVID recovery funds. The deal… Read More ›
Spain
Phones of Spanish Prime Minister and Defense Minister infected with Pegasus malware
In a statement Felix Bolanos, the government minister for the Spanish presidency said, the country’s authorities have detected “Pegasus” spyware in the mobile phones of Prime Minister Pedro Sanchez and Defence Minister Margarita Robles. In a news conference Bolanos said,… Read More ›
Greece, Spain, Italy start limiting purchase of wheat & sunflower oil
In a significant development, supermarket chains in Greece have said, they have begun restricting how much flour and sunflower oil customers can buy, following a rise in worries on supplies stemming from the Russia-Ukraine conflict. The conflict has led to… Read More ›
ECB places EU resident Russians under surveillance
As per three sources familiar with the matter at hand, regulators at the European Union have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, in order to ensure that they are not used… Read More ›
Europe, Canada close airspace to Russian jets, US has yet to decide
Canada and European nations moved to close their airspaces to Russian aircraft, in an unprecedented step aimed at applying pressuring on Russian President Vladimir Putin to end the invasion of Ukraine. Following the move, in a statement Russian airlines Aeroflot… Read More ›
EU countries should present a united front in COP26 negotiations
According to sources familiar with the matter at hand, countries from the European Union should do more to iron out burrs in their negotiating position vis-à-vis the COP26 climate change conference, following emergence of rifts over timeframes for emissions-cutting pledges…. Read More ›
Travelers from France into Britain will have to quarantine: British Health Ministry
In a significant development Britain said, it is doing away with the planned easing of coronavirus rules for travelers from France, which was scheduled to take effect from Monday, because of the continued presence of the Beta variant of the… Read More ›
Britain to end quarantine restrictions for fully vaccinated travelers from medium risk countries
In a significant development, British transport minister Grant Shapps said, London will share the details of a plan which aims to do away with quarantine for fully vaccinated travellers who return from medium risk countries. The potential move will boost… Read More ›
European Commission’s monthly sentiment touches 21-year high midst reopening of economies
According to the results of the European Commission’s monthly sentiment survey for the 19 countries sharing the euro, the economic sentiment among these countries have touched a 21-year-high following an accelerated pace of COVID-19 vaccinations on the back of which… Read More ›
ESMA imposes $4.35 million fine on Moody’s for failure to disclose conflicts of interests
On Tuesday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA) said, it has fined Moody’s $4.35 million (3.7 million euros) for breaching rules which includes failure to disclose conflicts of interests. “All of the breaches resulted… Read More ›