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Indian
Govt will implement Rs 7,500-crore scheme to tackle road accidents: Gadkari
''The government is very sensitive about this issue. We will soon...
Mamata asks Kolkata mayor to form panel for fire safety audit of godowns
Mamata Banerjee,Chief Minister,West Bengal The major fire that had...
Gallagher rebrands its Indian broking outfit
Vyvienne Wade, chairperson of Global Broking in Europe, Middle...
Over 180 cr doses of COVID vaccines administered, 77,314 adverse events reported: Centre to SC
The court is hearing arguments on a plea seeking directions for...
International
Mexico makes nearly $160 million down payment for COVAX vaccine plan
The global health agency’s COVAX Facility is a multilateral initiative running trials on several potential vaccines. The latest payment will allow Mexico to acquire enough doses of a vaccine to immunize up to a fifth of the country’s population of around 125 million people, the foreign ministry said.
Why is the European Central Bank eyeing a ‘digital euro’?
A digital, or virtual, euro would be an electronic version of euro notes and coins, it would be legal tender and guaranteed by the European Central Bank.
It would also for the first time allow individuals to have deposits directly with the ECB. This could be safer than with commercial banks, which could go bust, or than holding cash that could be stolen or lost.
And like cash, money could be stored outside of the banking system, such as in a “digital wallet”.
It would allow citizens and firms to make their daily payments “in a fast, easy and secure way,” the ECB said as it published a report on virtual money in October
U.S., AstraZeneca strike deal for COVID-19 antibody treatment touted by Trump
The treatment has come under the spotlight after Trump was treated with Regeneron Pharmaceuticals’ antibody drug last week. The president has also released a video on Twitter touting its benefits.
In a call earlier on Friday, a top U.S. health official said the government was expecting to provide more than 1 million free doses of antibody treatments to COVID-19 patients, similar to the one that was administered to Trump.
The worst for aviation industry is probably ahead of it, rather than behind
Airlines burned through $51 billion in the June quarter and will eat a further $77 billion in cash in the six months through December, according to analysis this week by the International Air Transport Association. That makes up roughly 80 per cent of the $162 billion of bailout money they’ve already received, and airlines won’t return to pre-Covid traffic levels until 2024. During 2021, they’ll still be going through $5 billion to $6 billion of cash a month, according to IATA.
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