LONDON: The rapid spread of the Delta coronavirus variant has driven a 50% rise in infections in England since May, a large prevalence study led by Imperial College London found on Thursday after Prime Minister Boris Johnson delayed the end of restrictions. The government said the data supported Johnson’s decision to push back the end […]
Day: June 16, 2021
Fed projects rate increases starting in 2023.
Federal Reserve officials on Wednesday moved up their expectations for when they will first raise interest rates from rock-bottom, a sign that a healing labor market and rising inflation are giving policymakers confidence that they will achieve their full employment and stable price goals in coming years. Fed policymakers now expect to make two interest […]
Follow live: Hawks, Sixers meet in critical Game 5
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In Leaked Messages, Boris Johnson Called His Health Secretary ‘Hopeless’
LONDON — On the night of March 26, 2020, as the coronavirus was engulfing Britain and its leaders were struggling to fashion a response, Prime Minister Boris Johnson ridiculed his government’s health secretary, with a profanity, as totally “hopeless,” according to a text message posted by his former chief adviser. The WhatsApp message, one of […]
El Salvador Seeks World Bank Help For Bitcoin Implementation
El Salvador this month became the first country to adopt bitcoin as legal tender (File) San Salvador, El Salvador: El Salvador has sought assistance from the World Bank as it implements its move to use bitcoin as a parallel legal tender alongside the U.S. dollar, Finance Minister Alejandro Zelaya said on Wednesday. Zelaya said the […]
Lina Khan Was One of Big Tech’s Biggest Critics. Now She’s Its Regulator.
WASHINGTON — One of Lina Khan’s first projects as a new staff member at an antitrust think tank in 2011 was researching the history of the market for books, which had increasingly been dominated by Amazon. It was an early, unpublished entry in a body of work that has since established her as a major […]
Chicago Bears WR Allen Robinson resigned to possibly playing NFL season on one-year deal
LAKE FOREST, Ill. — Chicago Bears wide receiver Allen Robinson sounded resigned to possibly playing the 2021 NFL season on a one-year deal in advance of the July 15 deadline for franchise-tagged players to receive long-term contracts. “I don’t have any [contract] updates or nothing like that,” Robinson said on a Tuesday Zoom call. “That’s […]
A tale of two summits: Trump at Helsinki, and Biden at Geneva.
To that end, he cited the jailing of the Russian opposition leader Aleksei A. Navalny, and the detentions of two Americans in Russia. Mr. Biden also offered a warning on cyberattacks. “I pointed out to him: We have significant cyber-capabilities — and he knows it,” the president said. There were echoes of Helsinki and Mr. […]
Thailand Sets Mid-October to Reopen to Vaccinated Visitors
Thailand plans to fully reopen to vaccinated foreign visitors by mid-October as the government seeks to restart the crucial coronavirus-devastated tourism industry, the prime minister announced Wednesday. Prime Minister Prayuth Chan-ocha said fully inoculated foreign visitors and returning Thai citizens must be allowed entry without quarantine or other inconvenient restrictions, and that his goal is […]
The Justice Department sues to block a major insurance brokers’ merger.
The Department of Justice filed a civil suit on Wednesday to block the proposed merger of Aon and Willis Towers Watson, arguing that combining two of the Big Three insurance brokers would create an anticompetitive “behemoth.” Many observers thought the government would allow the deal. Regulators in Europe, where both companies also operate, had indicated […]