Despite record-breaking start to the year at Heathrow, latest figures show that EU competitor, Charles de Gaulle, is growing at twice the rate and is set to overtake as Europe’s leading hub airport within the next 2 years.
One of the consequences of globalization is the inadvertent human-mediated spread of invasive species. The presence of a new invader, named Obama nungara, is reported in France by an international team led by Jean-Lou Justine of ISYEB (Muséum National d’Histoire Naturelle, Paris, France). This is the first study of this invasion, reported in an article published in the open-access journal PeerJ.
Brazilian Economy Minister Paulo Guedes apologized on Monday for using the term parasite to describe state employees, risking a backlash as the government tries to push forward a bill that would reduce public sector costs and benefits.
Google and the EU have a big day in court on Wednesday as the search engine giant enters a new phase of a legal saga that began a decade ago. The Silicon Valley juggernaut is appealing a 2.4 billion Euro (US$2.6 billion) fine from 2017 that was the first in a series of major penalties from the European Commission, the EU's powerful anti-trust regulator.
The governor of Sao Paulo said on Monday at an industry conference that less protection of sugar would guarantee better access and lower prices for consumers. “Sugar is the most protected product in the market, the reduction of tax and non-tax barriers would guarantee better access,” Joao Doria said in his opening remarks at a three-day industry meet in Dubai.
Opposition leader Juan Guaido returned to Venezuela on Tuesday following a 23-day international tour in which he defied a ban on leaving the country imposed by President Nicolas Maduro's government. Guaido announced his return on Twitter before being greeted by a throng of cheering supporters at the Caracas international airport, where he arrived on a flight from Portugal.
Argentina said it won’t make a local bond payment on time after failing to refinance the debt, declaring it won’t be “held hostage” by foreign investors demanding their money back. The maturity date for the note will be delayed to Sept. 30 from the original Feb. 13, the Economy Ministry said in a statement.
A challenging week for the administration of Argentine president Alberto Fernandez and his foreign debt strategy. IMF negotiators land in Buenos Aires this Wednesday for their first mission since Fernandez took office in December. Before agreeing to any changes in the terms, negotiators will want to see Fernandez’s blueprint for tackling more than US$ 320 billion in total debt and for rescuing an economy that’s forecast to shrink for a third straight year.
Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months.
China's coronavirus outbreak poses a “very grave threat for the rest of the world” and should be viewed as “Public Enemy Number 1”, the head of the World Health Organization (WHO) said on Tuesday.