On March 18, faced with the financial panic caused by the pandemic of coronavirus and without waiting for its usual monetary policy meeting, the European Central Bank (ECB) drew its bazooka with the pandemic emergency buy-back program (PEPP), providing 750 billion euros in public and private debt buybacks. This unprecedented response, commensurate with the economic … Read more
coronavirus Updates with Wall Street Closure PARIS (awp / afp) – The European and American markets ended with a fanfare on Friday, at the end of a jagged week, boosted by announcements of partial economic recovery in several regions of the world and the hope of treatment for Covid-19. In the wake of the Asian … Read more
London (awp / afp) – The price of a barrel of American WTI fell Friday during the European session, hitting a low since the end of 2001, betraying the feverishness of investors towards the American crude industry. Around 12:55 GMT (2:55 PM in Paris), the barrel of WTI for delivery in May dropped 10.02% compared … Read more
Paris (awp / afp) – Joining several recommendations already issued by the European Central Bank, the European Banking Authority also called on Tuesday the continent’s banks to give up distributing dividends and calls for moderation on bonuses. Faced with the coronavirus epidemic and its dire consequences for the economy, “the competent authorities should ask the … Read more
Posted on Sunday, March 22, 2020 at 9:58 p.m. — A European clinical trial was launched Sunday in at least seven European countries including Belgium to test four experimental treatments against the coronavirus, which will include a total of 3,200 patients, announced Sunday the French Ministry of Health. – – The four treatments tested on … Read more
Posted on Thursday, March 12, 2020 at 02:22 Through Sudinfo with Belga — Donald Trump on Wednesday announced a 30-day suspension from Friday on all trips from Europe to the United States to stem the outbreak of new coronavirus. – – “To prevent new cases from entering our country, I will suspend all travel from … Read more
Posted on Saturday February 22, 2020 at 07:33 Through Sudinfo with AFP — A 78-year-old Italian is the first European to die after being infected with the new coronavirus in Italy, where part of the north of the country is barricaded after several cases of contamination. – – The man had been hospitalized for ten … Read more
A more determined and assertive European foreign and defense policy. That is the message defended by leading European leaders at the Munich security conference this weekend. “Europe has to develop an appetite for power,” said Josep Borrell, EU High Representative for Foreign Policy, who in line with what the French president, Emmanuel Macron, asked the … Read more
United States yet does not understand what happened on Monday, January 20 at Barajas airport in Madrid. Elliott Abrams, US representative for Venezuela, said Friday that the that day between the vice president of Venezuela, Delcy Rodríguez, and the Minister of Transportation of Spain, José Luis Ábalos, “It seems a violation of European sanctions.” The … Read more
Posted on Saturday, February 1, 2020 at 00:33 – Brexit took place at midnight on Friday, 1,317 days after the British decided to leave the European Union. – – Daily trade between the UK and the EU will continue as before until December 31, 2020. During this transitional period, London and Brussels will negotiate their … Read more