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U.S. President Joe Biden's inaugural address
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +14 min
WASHINGTON (Reuters) - Following is the inauguration speech as prepared for delivery by Democrat Joe Biden, who was sworn in as president of the United States on Wednesday:U.S. President Joe Biden speaks during the 59th Presidential Inauguration in Washington, U.S., January 20, 2021. Through a crucible for the ages America has been tested anew and America has risen to the challenge. It’s taken as many lives in one year as America lost in all of World War Two. To overcome these challenges – to restore the soul and to secure the future of America – requires more than words. Today, we mark the swearing-in of the first woman in American history elected to national office – Vice President Kamala Harris.
Persons: Democrat Joe Biden, Joe Biden, Toni L, Sandys, Carter, George Washington, , , Abraham Lincoln, , King, Kamala Harris, Saint Augustine, we’re, It’s Organizations: WASHINGTON, Democrat, REUTERS, America, Union, Arlington National Cemetery, . Security, Liberty, America America, U.S Locations: United States, Washington , U.S, America, Washington, United States of America, Potomac, Arlington
EU welcomes a "friend" in the White House, much to do together
  + stars: | 2021-01-20 | by ( John Chalmers | ) www.reuters.com + 0.96   time to read: +2 min
BRUSSELS (Reuters) - The president of the EU executive said on Wednesday she looked forward to having a friend in the White House who could work with Europe on fighting climate change, quashing the COVID-19 pandemic and rebuilding multilateralism. She said a joint trade and technical council between the United States and the 27-nation EU should consider such matters. Relations between the EU and the United States were shaky during the Trump administration, with tensions in particular over trade. Von der Leyen said the EU and Biden knew and liked each other, and she was hopeful they could achieve much together. Von der Leyen, the first female president of the European Commission, said she welcomed the inauguration of Kamala Harris as the first woman to become vice-president of the United States.
Persons: Mike Pence, Francois Lenoir, Ursula von der Leyen, Joe Biden, ” von der Leyen, Donald Trump, , von der Leyen, Trump, Von der Leyen, Biden, “ We’re, , Kamala Harris Organizations: White, European Commission, REUTERS, European Union, Trump, Capitol, EU Locations: BRUSSELS, Europe, Brussels, Belgium, Washington, United States, China, Beijing
The COVID-19 vaccine developed by AstraZeneca and manufactured by the Serum Institute of India (SII) could be authorised by the WHO in January or February, the document says. The AstraZeneca vaccine, developed with Oxford University, has already been given emergency approval in Britain, while decisions in the European Union and the United States are close. OTHER WESTERN SHOTSThe WHO authorised the vaccine developed by Pfizer and its German partner BioNTech at the end of December. The provisional approval calendar also shows the WHO is expected to approve Moderna’s COVID-19 vaccine, which is based on the same messenger RNA (mRNA) technology as Pfizer’s, at the end of February. There is no provisional timetable yet for the possible approval of Russia’s Sputnik V vaccine, despite its developers having filed the relevant documentation, the timetable shows.
Persons: Denis Balibouse, Adar Poonawalla, BioNTech, COVAX, Moderna’s, Johnson, Sinovac, Sinopharm Organizations: World Health Organization, WHO, REUTERS, Reuters, AstraZeneca, Serum Institute of India, SK Bioscience, Wednesday, SK, Oxford University, European Union, SII, Pfizer, Moderna, Johnson, COVAX, Beijing Institute of Biological Products, Sputnik, Russian Direct Investment Fund Locations: BRUSSELS, Geneva, Switzerland, South Korea, Britain, United States, COVAX, CHINA, RUSSIA, Beijing, China, Brazil, Indonesia, Turkey
REUTERS/Denis BalibouseCOVAX, a global scheme co-led by the WHO, wants to deliver at least 2 billion COVID-19 doses across the world this year, with at least 1.3 billion going to poorer countries. The WHO is therefore “expediting” emergency approvals, according to a COVAX internal document, which cites data updated to Jan. 7. The COVID-19 vaccine developed by AstraZeneca and manufactured by the Serum Institute of India (SII) could be authorised by the WHO in January or February, the document says. OTHER WESTERN SHOTSThe WHO authorised the vaccine developed by Pfizer and its German partner BioNTech at the end of December. The COVAX document also shows the WHO is expected to approve Moderna’s COVID-19 vaccine, which is based on the same messenger RNA (mRNA) technology as Pfizer’s, at the end of February.
Persons: Denis Balibouse COVAX, Adar Poonawalla, BioNTech, COVAX, Moderna’s, Johnson, Sinovac, Sinopharm Organizations: World Health Organization, WHO, Reuters, REUTERS, AstraZeneca, Serum Institute of India, SK Bioscience, SK, Oxford University, European Union, SII, Pfizer, Moderna, Johnson, COVAX, Beijing Institute of Biological Products, Sputnik, Russian Direct Investment Fund Locations: BRUSSELS, Geneva, Switzerland, South Korea, Britain, United States, COVAX, CHINA, RUSSIA, Beijing, China, Brazil, Indonesia, Turkey
Germany nominates ex-minister Schmidt for post of Bosnia peace envoy
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
BERLIN (Reuters) - Germany on Wednesday nominated Christian Schmidt, a former government minister and lawmaker, to be the new international High Representative in Bosnia, whose office oversees the implementation of the country’s 1995 peace accord. “By nominating Christian Schmidt as the new High Representative for Bosnia and Herzegovina, Germany is taking the initiative to put the country back on the international political agenda,” the government said in a statement. Schmidt has been involved with the Western Balkans and in particular with Bosnia as foreign and defence policy spokesman for Germany’s governing conservative alliance. The government statement said his candidacy arose from close consultation with international partners. Bosnia’s autonomous nationalist Serb region, backed by Russia, has long requested the shutdown of the OHR.
Persons: Christian Schmidt, Valentin Inzko, Schmidt Organizations: BERLIN, Representative, European Union, High, EU Locations: Germany, Bosnia, Herzegovina, Dayton, Austria, Balkans, Russia
Polish judge, government critic refuses to be questioned by prosecutors
  + stars: | 2021-01-20 | by ( Alicja Ptak | Kacper Pempel | ) www.reuters.com sentiment -0.99   time to read: +2 min
Slideshow ( 3 images )WARSAW (Reuters) - A Polish judge critical of the ruling nationalists’ judiciary reforms refused to appear for questioning at a prosecutor’s office on Wednesday, the latest twist in a case that has come to symbolise the conflict between the government and some judges. “I cannot appear voluntarily for questioning because I would be contradicting my own words,” Tuleya told cheering supporters, some holding banners with slogans such as “Freedom for Polish judges”. Cabinet minister Michal Wojcik, who formerly served as deputy justice minister, criticised Tuleya’s refusal to appear before the prosecutor. “This shows that Judge Tuleya puts himself above society,” he told Reuters by text message. PiS says the reforms are necessary to improve the efficiency of the judiciary and remove a residue of communist influence from the system.
Persons: Igor Tuleya’s, ” Tuleya, , Michal Wojcik, Tuleya’s, Tuleya, , PiS Organizations: European Union, Justice Locations: WARSAW, Poland
EU says Alitalia brand must go in airline's revamp: L'Espresso
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
MILAN (Reuters) - Italy would have to drop the 75-year-old Alitalia brand if it wants the European Commission to approve plans to relaunch the airline, according to a letter published by L’Espresso magazine. FILE PHOTO: An Alitalia plane approaches to land as starlings fly at Fiumicino international airport in Rome October 14, 2013. “The Alitalia brand should not be retained by the NewCo, since it is an emblematic indicator of continuity,” the European Union said in the letter published by L’Espresso. “The NewCo should not retain the combined aviation, ground handling and maintenance businesses,” the EU competition watchdog is quoted as saying in the letter. A representative of the Italian industry ministry, which is responsible for the nationalisation of Alitalia, was not immediately available for a comment.
Persons: Max Rossi, L’Espresso Organizations: MILAN, Alitalia, Commission, L’Espresso, Fiumicino, REUTERS, Union, EU Locations: Italy, Rome, Brussels
Haya Bitar was in high school when the travel order went into effect. "Those four years, the amount of psychological trauma and stress that caused us, it's going to stay with us." At the embassy, Kossa said, his student visa was canceled because of the travel order. 'There is a travel ban. For Saleh, Bitar and Kossa, there is hope that things will get better.
Persons: Hussein Saleh, Saleh, they've, I've, That's, Trump, Joe Biden, Haya Bitar, Bitar, Biden, Moayed Kossa, Kossa, Manar Waheed, Waheed, Obama, Will, it's Organizations: Trump, North Korea —, Bay Atlantic University, U.S, Embassy, American Civil Liberties Union, ACLU, The State Department Locations: Chicago, Yemen, U.S, United States, Iran, Libya, Syria, Somalia, Nigeria, Myanmar, Eritrea, Kyrgyzstan, Sudan, Tanzania, North Korea, American, America, Canada, Washington ,, Washington, Jordan
UK PM Johnson says some fishermen have faced post-Brexit barriers
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com + 0.88   time to read: +1 min
FILE PHOTO: Sardines are landed at Newlyn Harbour, which will see significant impact to the fishing industry as a result of the Brexit deal due to be implemented in the New Year, in Newlyn, Britain, December 29, 2020. REUTERS/Tom NicholsonLONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday that some fishermen had experienced problems exporting fish to the European Union, an issue he said had been compounded by a decline in fish eating across Europe due to restaurant closures. “It is, it is absolutely true that some British fishermen have faced barriers at the present time owing to complications over form filling,” Johnson told parliament. “And indeed one of the biggest problems is that, alas, there is a decline in appetite for fish in continental markets because the restaurants ... are shut,” he said. “The reality is that Brexit is delivering a huge uplift in quota, already in the next five years ... By 2026, the fishing people of this country will have access to all the fish in all the territorial waters of this country,” he said.
Persons: Tom Nicholson LONDON, Boris Johnson, ” Johnson, Organizations: REUTERS, British, European Union Locations: Newlyn, Britain, Europe
FILE PHOTO: Britain's Secretary of State for Northern Ireland Brandon Lewis arrives for a cabinet meeting at the FCO in London, Britain September 22, 2020. Leon Neal/Pool via REUTERSLONDON (Reuters) - Britain’s Northern Ireland minister said he would engage with the aerospace sector over tariff issues on raw materials. Asked by a lawmaker about concerns from aerospace companies about an additional tariff which is being placed on goods considered to be ‘at risk’ for the sector which when processed are allowed tariff-free access to the European Union. “There should not be any tariffs on internal UK trade,” Northern Ireland Minister Brandon Lewis told parliament. “I will be very happy to engage with the sector directly.”
Persons: Northern Ireland Brandon Lewis, Leon Neal, Brandon Lewis, , Organizations: State, Northern Ireland, FCO, REUTERS LONDON, Northern, European Union Locations: London, Britain, Northern Ireland
FILE PHOTO: Tedros Adhanom Ghebreyesus, Director General of the World Health Organization (WHO) speaks during the opening of the 148th session of the Executive Board on the coronavirus disease (COVID-19) outbreak in Geneva, Switzerland, January 18, 2021. Christopher Black/WHO/Handout via REUTERSGENEVA (Reuters) - World Health Organization (WHO) Tedros Adhanom Ghebreyesus on Wednesday welcomed a proposal by the European Council to negotiate a global treaty on pandemic preparedness, noting it would be the second such treaty after a tobacco pact of 2003. Tedros, addressing the WHO’s Executive Board, referred to the proposal made by European Union Council President Charles Michel in December and said: “As you know we have the Tobacco Convention and if we can make this happen, this would be the second Convention or the second treaty and for a very important area, pandemic preparedness and response. “All of us have seen how unprecedented this pandemic is, and we have to give it our best. And I think a treaty is the best thing that we can do that can that (bring) the political commitment of member states,” Tedros added.
Persons: Ghebreyesus, Christopher Black, Tedros, President Charles Michel, ” Tedros Organizations: World Health Organization, WHO, Handout, REUTERS GENEVA, Health Organization, Wednesday, European Council, European Union, President, Tobacco Convention Locations: Geneva, Switzerland
Blanket border closures makes no sense in pandemic: EU's von der Leyen
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
European Commission President Ursula Von Der Leyen addresses European lawmakers during a plenary session on the inauguration of the new President of the United States and the current political situation, at the European Parliament in Brussels, Belgium, January 20, 2021. Francisco Seco/Pool via REUTERSBRUSSELS (Reuters) - European Union countries need to synchronise the roll-out of vaccine measures and may need additional restrictions, but should not simply close their borders to keep COVID-19 cases down, the bloc’s chief executive said on Wednesday. “The blanket closures of borders in this situation makes no sense,” European Commission President Ursula von der Leyen said in a speech to the European Parliament. “It harms the functioning of our single market and it is not as effective as targeted measures and this is why we need a common approach to test, trace, travel and borders.”
Persons: Ursula Von Der Leyen, Francisco Seco, Ursula von der Leyen Organizations: REUTERS BRUSSELS, Union Locations: United States, Brussels, Belgium
FILE PHOTO: Democratic U.S. presidential candidate and former Vice President Joe Biden arrives to speak about modernizing infrastructure and his plans for tackling climate change during a campaign event in Wilmington, Delaware, U.S., July 14, 2020. “The United States continues to be the one and only country that has withdrawn from the Paris Agreement, making it, frankly, the pariah of this multilateral agreement,” former U.N. climate chief Christiana Figueres, told Reuters. The climate envoy from the low-lying Marshall Islands, meanwhile, suggested the United States could help press for stronger climate commitments around the globe. The United States under Obama pledged to deliver $3 billion to the Green Climate Fund to help vulnerable countries fight climate change. Biden has tapped former Secretary of State John Kerry as his international climate envoy and is expected to set up a meeting in the coming weeks with global counterparts.
Persons: Joe Biden, Leah Millis, Donald Trump’s, Biden, , , John Podesta, Barack Obama, Trump, Washington’s, Christiana Figueres, Brian Deese, ” Hua Chunying, Harris, ” Tina Eonemto Stege, Pete Betts, Obama, John Kerry Organizations: WASHINGTON, Incoming U.S, Paris Agreement, Democratic U.S, REUTERS, Keystone XL, Alaska National Wildlife, Global, Trump, drillers, Reuters, National Economic Council, Biden, London, European Union, United, Fund Locations: Paris, Wilmington , Delaware, U.S, Canada, Alaska, China, United States, Marshall Islands, COVID
WASHINGTON (Reuters) - Washington braced for a tense inauguration of President-elect Joe Biden on Wednesday, amid overwhelming security measures including over 25,000 National Guard troops and a shuttered National Mall devoid of spectators to the quadrennial ritual. FILE PHOTO: Razor wire is seen on a fence around the U.S. Capitol ahead of U.S. President-elect Joe Biden's inauguration, in Washington, U.S., January 17, 2021. Bridges between Virginia and downtown Washington have been closed, as have Metro stations in the central security area, which some residents have likened to the fortress-like Green Zone of central Baghdad in Iraq. [L1N2JS0OV]The number of troops in Washington is three times the normal number of National Guard troops, said Major General William Walker, commander of the DC National Guard. “The FBI appears to be taking these threats seriously, but disciplined lone wolf actors, regardless of ideology, are extremely difficult to track.”
Persons: Joe Biden, Joe Biden's, Joshua Roberts, Dennis Pluchinsky, Biden, , Pluchinsky, William Walker, “ We’re, ” Walker, “ It’s, Daniel Jones, ” Jones, Organizations: WASHINGTON, National Guard, U.S, Capitol, REUTERS, State Department, Pentagon, FBI, Metro, Amtrak, Union Station, DC National Guard, NBC, Secret Service, Twitter, Facebook, Advance Democracy Locations: Washington, Washington , U.S, Washington’s, Bridges, Virginia, Baghdad, Iraq, Union, United States
WASHINGTON (Reuters) - Washington braced for a tense inauguration of U.S. President-elect Joe Biden on Wednesday, as more than 25,000 National Guard troops stood watch over a barricaded city, emptied of the spectators who usually throng to the quadrennial ritual. FILE PHOTO: Razor wire is seen on a fence around the U.S. Capitol ahead of U.S. President-elect Joe Biden's inauguration, in Washington, U.S., January 17, 2021. National Guard troops, carrying rifles, stood behind razor-wire topped fencing that sealed off Capitol Hill. With inaugural balls and other parties previously canceled due to the coronavirus pandemic, the event has taken on a somber tone in Washington. The number of troops in Washington is three times the normal number of National Guard troops, said Major General William Walker, commander of the D.C. National Guard.
Persons: Joe Biden, Joe Biden's, Joshua Roberts, Trump, , Victor Duran, Dennis Pluchinsky, Biden, “ It’s, Jeff Flake, William Walker, “ We’re, ” Walker, Daniel Jones, ” Jones, Organizations: WASHINGTON, National Guard, U.S, Capitol, REUTERS, U.S . Capitol, White House, Dallas . National Guard, State Department, National Park Service, Pentagon, FBI, Metro, Amtrak, Union Station, D.C, NBC, Secret Service, Twitter, Facebook, Advance Democracy Locations: Washington, Washington , U.S, America, Bridges, Virginia, Baghdad, Iraq, Union, United States
Expressing relief at the end of four years of Trump’s “America First” policy, the EU’s chief executive and chairman told the European Parliament that shaping new global digital regulation together was paramount. “This new dawn in America is the moment we’ve been waiting for,” European Commission President Ursula von der Leyen said. “This political power, unbridled power held by the big internet giants must be reined in,” Von der Leyen said. European Council President Charles Michel, who chairs EU summits in Brussels, said transatlantic priorities should also include combating COVID-19 and climate change. “Let’s build a new founding pact for a stronger Europe, for a stronger America and for a better world,” he told EU lawmakers.
Persons: Joe Biden’s, Joe Biden, Joseph R, Beau, Biden, Tom Brenner, Donald Trump, Ursula von der Leyen, Trump, ” Von der Leyen, Von der Leyen, Charles Michel, ” Michel, , Organizations: European Union, Biden III National Guard / Reserve, New, REUTERS, EU, , U.S, Capital, Google, Facebook, Common Technology Locations: BRUSSELS, Europe, United States, New Castle, New Castle , Delaware, U.S, China, America, EU, Brussels
Ethiopians dying, hungry and fearful in war-hit Tigray: agencies
  + stars: | 2021-01-20 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +4 min
NAIROBI (Reuters) - Ethiopians in the war-scarred north are dying from lack of healthcare services, are suffering food and water shortages, and remain “terrified”, according to aid agencies finally accessing remoter parts of Tigray region. “Every time we reach a new area, we find food, water, health services depleted, and a lot of fear among the population. Many Tigrayans had relied on food aid even before the war, with locust plagues in early 2020 worsening their plight. The state-run Ethiopian Press Agency quoted the Tigray Water Resource Management Bureau as saying clean water was running short for many because of damaged infrastructure, looted offices, stolen equipment and an inoperative dam. The European Union last week suspended budget support for Ethiopia worth 88 million euros ($107 million) until aid groups had better access.
Persons: , Mohamed Nureldin Abdallah, Mari Carmen Vinoles, Vinoles, Tigrayans, Panos Navrozidis, AAH, Mulu, ” Berhane Organizations: REUTERS, United Nations, Frontieres, Reuters, MSF, United Nations ’, UNICEF, Health, Ethiopian Press Agency, Tigray Water Resource Management, Peace, European Union, Ethiopian Locations: NAIROBI, Tigray, Hamdayet, Sudan, Ethiopia, Mekelle, Adrigat, Axum, Adigrat, Shire, Central Tigray, AAH, hideouts, Berhane
LONDON (Reuters) - An unprecedented rally in “green” hydrogen stocks looks set to extend as investors flock to companies which promise to produce the gas without using fossil fuels, expecting the technology to scale up over the next 10 years to justify rocketing valuations. FILE PHOTO: Toyota Motor Corp's revamped Mirai hydrogen fuel cell car is displayed at its launching event in Tokyo, Japan, December 9, 2020. “Green” or clean hydrogen requires using electrolysis to split water into its components of hydrogen and oxygen and doing so cheaply is often described as the holy grail of green energy transition. Plug Power, Ceres Power and Fuelcell Energy, which make hydrogen fuel cell systems that power devices ranging from warehouse machines to cars, are leading that charge, jumping 400% to 1,600% in the last year. “Hot money is flowing towards renewables and clean energy, and there’s been a clear re-rating of valuations in the sector,” said Emmanuel Cau, head of European equity strategy at Barclays.
Persons: Tim Kelly Hydrogen, Joe Biden’s, there’s, , Emmanuel Cau, Norway’s Nel, Ashim, Bill Gates, Jonathan Bell, it’s, ” Bell, Nel, Morgan, Sean McLoughlin Organizations: Toyota, REUTERS, Fuelcell Energy, Barclays, European Union, UK’s ITM, Bill Gates ’, Energy Ventures, Stanhope Capital, ITM Power, HSBC EMEA Locations: Tokyo, Japan
NAIROBI/JOHANNESBURG (Reuters) - African countries will pay between $3 and $10 per vaccine dose to access 270 million COVID-19 shots secured this month by the African Union (AU), according to a draft briefing on the plan prepared by the African Export-Import Bank (Afreximbank) and provided to Reuters. Pfizer will provide 50 million doses of its two-shot vaccine at $6.75 each, the document showed. Population size will determine how much of each vaccine various African countries will be offered. Nigeria, the continent’s most populous nation, stands to pay roughly $283 million if it takes its full allocation of 42 million doses. Cash-strapped copper producer Zambia would have to find $25 million for its allocation of less than 4 million doses, according to the document.
Persons: Dado Ruvic, Cyril Ramaphosa, Ramaphosa, , Tim Jones, Johnson, John Nkengasong, ” Nkengasong, BioNTech, Afreximbank Organizations: African Union, African Export, Import Bank, Reuters, AstraZeneca, REUTERS, AU, World Health Organization, WHO, Pfizer Inc, Johnson, Serum Institute of India, for Disease Control, Prevention, , Pfizer, European Union, Russia’s Sputnik, COVID, World Bank, Bank, Africa CDC Locations: NAIROBI, JOHANNESBURG, British, Africa, South Africa, Britain, COVAX, United States, Israel, U.S, Nigeria, Zambia
Trump, who for months made false claims that the Nov. 3 election was stolen from him, encouraged his supporters to march on the Capitol while lawmakers were certifying Biden’s victory. But veteran diplomats and foreign policy experts said a sharply divided American society - one at risk of political violence - will make Biden’s job harder and distract from the hard work of restoring U.S. leadership. Biden’s transition team believes the Capitol violence underscores one of his main messages before taking office: that U.S. domestic and foreign policy cannot be fully separated. “It’s going to weaken the American word,” said Gerard Araud, a former ambassador for France in Washington. Washington’s allies increasingly see U.S. foreign policy coming in two or four-year cycles contingent on domestic politics, said Brian Katulis, who works on national security at the Center for American Progress.
Persons: Donald Trump, Antony Blinken, Joe Biden's, Biden, Joshua Roberts “, , Emmerson Mnangagwa, Joe Biden, Trump, David O’Sullivan, Barack Obama, ’ Biden, “ It’s, Gerard Araud, Tony Blinken, ” Blinken, , , Mike Pompeo, Heather Conley, Pompeo, Jan, Blinken, Brian Katulis Organizations: WASHINGTON, U.S . Capitol, REUTERS, Wednesday, Capitol, European Union, Washington, NATO, Chinese Communist Party, Global Times, Biden, ’ Biden, State Department, Center for Strategic, International Studies, Biden’s, Senate Foreign, Center for American Progress, Democrats Locations: United States, U.S, Wilmington , Delaware, Washington, Harare, France, Hong Kong, Iran, Tehran, China, Taiwan, Xinjiang, Beijing
Dollar rises as growth worries weigh on euro
  + stars: | 2021-01-20 | by ( Saqib Iqbal Ahmed | ) www.reuters.com sentiment -1.00   time to read: +2 min
NEW YORK (Reuters) - The dollar edged higher against the euro on Wednesday as the risk of extended lockdowns in Europe to combat the spread of COVID-19 and worries about the pace the rollout of vaccines weighed on the common currency. Investors are also fretting about the slower pace of the rollout of vaccines relative to the United States and Britain may hobble economic recovery in the region. The dollar was 0.2% higher against the euro, ahead of Thursday’s European Central Bank meeting, which, after the broad easing of monetary policy last month, is unlikely to produce any major change. The risk-sensitive Australian dollar was 0.79% higher on the day, while the New Zealand dollar rose 0.69%. Positioning data shows investors are overwhelmingly short dollars as they figure that budget and current account deficits will weigh on the greenback.
Persons: Joe Manimbo, Joe Biden’s, ” Manimbo, Janet Yellen Organizations: YORK, Pfizer PFE.N, Biotech, Western Union Business Solutions, Thursday’s European Central Bank, U.S, Treasury, New Zealand Locations: Europe, COVID, United States, Britain, North, Rhine Westphalia, Washington, U.S
The New Yorker's employee union released a pay study Tuesday revealing major pay disparities. Employees are underpaid across the company, but women of color are paid the least, it concluded. The union that represents editorial employees at The New Yorker released a pay study on Tuesday that revealed major disparities across employees at the Condé Nast-owned publication. "The discrepancy between men's and women's median pay is $4,000; among employees of color. The gap between men's and women's median pay is closer to $7,000," it concluded, adding that "women of color earn a lower median salary than white women" and the pay gap for women of color was wider than other groups who made less than the company's median salary.
Persons: Condé Nast, Read, Biden, Sen, Elizabeth Warren, Alexandria Ocasio, Cortez Organizations: New, The, Yorker, Condé, Fox, Netflix, News Corp, Disney, New Yorker Union, New Yorker, Rep Locations: New York City, Alexandria
ET Jack Ma Appears in Public After Challenging Beijing: Live Business Updates RIGHT NOW Republicans foreshadow arguments against Biden’s economic agenda as Janet Yellen testifies. S&P 500 - % Dow - % Nasdaq - %Republicans foreshadow arguments against Biden’s economic agenda as Janet Yellen testifies. He also expressed concern about Mr. Biden’s proposed tax increases and his call for raising the minimum wage to $15. The program opened broadly on Tuesday as the Small Business Administration, which manages the relief program, began accepting applications from all lenders. Those figures do not include loan applications sent to the agency on Tuesday, the first day most lenders were allowed to send in loan requests.
Persons: Jack Ma, Janet Yellen, Anna Moneymaker, Joseph R, Biden, Janet L, Yellen, , , Patrick J, Toomey, Mr, Biden’s, Tim Scott, Bill Cassidy, John Asbury, Asbury, that’s, “ We’re Organizations: Beijing, Dow, Senate, ., The New York Times Republicans, Republicans, House, Republican, Mr, Small Business Administration, Atlantic Union Bank, Treasury Department Locations: Pennsylvania, South Carolina, Louisiana, Richmond , Va
President Trump, who won’t attend the inauguration, issued a raft of pardons overnight. Even before Mr. Biden was sworn in, he sought to set a new tone for a nation torn by political strife in the midst of the deadliest pandemic in a century. “To heal we must remember,” Mr. Biden said, standing in front of the Reflecting Pool at the Lincoln Memorial. After Mr. Biden and Vice President-elect Kamala Harris are sworn in at noon, Mr. Biden will deliver his first presidential address. The New York Times will stream the inauguration live, with real-time coverage and highlights from our reporters.
Persons: Biden, Trump, Amr Alfiky, Joseph R, President Trump, , Mr, Cash, Todd Heisler, Gaga, Jennifer Lopez, Garth Brooks, Kamala Harris, Marc Santora, Doug Mills, Trump’s, I’ll, ” Mr, , Lady Gaga, Harris, Jill Biden, Douglas Emhoff, Michelle Obama, George W, Laura Bush, Hillary Clinton, Tom Hanks, Justin Timberlake, Demi Lovato, Ant Clemons, Jon Bon Jovi, Foo Fighters, John Legend, Bruce Springsteen, Microsoft Bing, NewsNOW, Ruth Fremson, , Anna Moneymaker, Louis Vuitton, Jill, deux, , Anita McBride, John F, Kennedy, George Tames, Abraham Lincoln, Lincoln, Franklin Delano Roosevelt, Roosevelt, ” John F, Kennedy Kennedy, John Quincy Adams, Andrew Jackson, Barack Obama, Douglas Brinkley, John Adams, Andrew Johnson —, Johnson, Thomas Jefferson, Adams, Jefferson Organizations: United, National Guard, New York Times, Capitol, Lincoln, Washington, Credit, Washington . Police, New York Times WASHINGTON, Twitter, ., Arlington National Cemetery, Biden, YouTube, Facebook, Television, ABC, CBS, CNN, SPAN, Fox, NBC, MSNBC, Foo, The New York Times, Amazon Prime, Microsoft, DirecTV, New York Times National Guard, New York, White, of Congress Locations: Washington, United States, Florida, Arlington, Pennsylvania, Mar, Palm Beach, Fla, stairwells, Washington D.C, America, Soviet Union, Baltimore, American
Raphael Warnock won a runoff election to become just the 11th Black U.S. senator in history and only the second Black senator from the South since Reconstruction. Revels’s path to the United States Senate coursed through the sacred pulpits of the Black church and the towering bluffs of a military encampment along the Mississippi River. Illinois has been home to three: Carol Moseley Braun, the first Black woman to be a U.S. senator, Barack Obama and Roland Burris. This is the history that Raphael Warnock stepped into when he declared his run for the Senate. Warnock recognized the unique obstacles and hazards that Black politicians and Democrats face in Southern states that have been reliably Republican for decades.
Persons: Hiram Rhodes, soirees, Hiram, , Jefferson Davis, , Willard Saulsbury, Dred Scott, Sandford, Revels, James Nye of, Blanche Bruce Mississippi, Kamala Harris, Joseph R, Biden, Harris, Raphael Warnock, Trump’s exhortations, Black, Edward Brooke Massachusetts, readmission, Hiram Revels, ” Revels, Blanche Bruce, Bruce, Johnson, Whittaker, Carol Moseley Braun, Massachusetts Republican Edward Brooke, Brooke, Barry Goldwater, Nixon’s, Tim Scott, Barack Obama, Roland Burris, Kamala Harris of, Cory Booker of, Mo Cowan, Obama, Donald Trump, Joe Biden, Delaware, Kelly Loeffler, Warnock, Loeffler, President Trump, “ Warnock, Roland Burris Illinois Cotton, ” Tim Scott, ” Scott, he’d, Scott, Tim Scott South, Cory Booker, Jersey Warnock, Martin Luther King Jr, King, Kamala Harris California, ” Warnock, Raphael Warnock Georgia, Organizations: Hiram Rhodes Revels, Black United, Capitol, Republican, Black, Freedman’s Savings Bank, Mississippi’s Legislature, Union, The New York Times, Union Army, The Chicago Republican, Electoral College, Black U.S, United States, Methodist Church, Gettysburg, Methodist, Senate, Republican Party of Lincoln, Democratic Party, American, New York Herald, Cincinnati Daily, , Mississippi’s, Republican Party, Army, Americans, Massachusetts Republican, Civil, Southern Democrats, Power, Revels, Reconstruction, Mo Cowan of Massachusetts, Delaware —, United, Congressional Black Caucus, Capitol Police, Morehouse College, Abyssinian Baptist Church, Ebenezer Baptist Church, Democrats, Trump Locations: Mississippi, New Jersey, Mississippi’s, Washington, Baltimore, Memphis, Tenn, Delaware, United States, James Nye of Nevada, Georgia, North Carolina, Maryland, Missouri, Vicksburg, Massachusetts, Black, Republican . Illinois, U.S, Kamala Harris of California, Cory Booker of New Jersey, Mo Cowan of, Jamaica, India, America, Waycross, South Carolina, Tim Scott South Carolina, Mo Cowan Massachusetts, Savannah, Atlanta, New York City, Ebenezer
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