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Trump impeachment, Ugandan elections, France & EU Covid, Germany after Merkel | Instant News

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First US president to be convicted twice. However this time, the atmosphere was completely different. Lawmakers have to pass through metal detectors and national guards that sleep overnight inside the Capitol. This was when ten Republicans voted with Democrats that Donald Trump – one week earlier – had instigated the uprising and violence that killed five people on the Capitol. Joe Biden is trying his best not to let the accusations against Trump change the greatest urgency he will face on Day One, dealing with the Covid pandemic. On Thursday, he announced a 1-point-9 trillion dollar stimulus plan.

Donald Trump was blocked from social media for his final days and all of Uganda is under an Internet blackout during a presidential election which also featured troops on the streets. And during the vote count, the soldier surrounding the pop star’s house turns into the leader of the opposition, Bobi’s Wine. Previously, Wine – whose real name was Robert Kyagulanyi – equated the accusations of mass fraud and repeated how internet cuts were part of the plan.

Panelists at this event have been known to quip that the general impression is that whichever country you are from, your country has done its worst than its neighbors when it comes to Covid. The time is now for an update on France. It was a week, when more than 75s started getting vaccinated and while the campaign was far behind neighbors like Britain and Germany, the government believed it had put out a million injections by the end of the month. And in the short term, as the new variant spreads across Europe, the prime minister announced that the national curfew at 8pm would be changed to 6pm for at least two weeks.

For 16 years he had secretly destroyed all comers. But this time, it looks like the beginning of the end for Angela Merkel who will retire at the next general election in September. An important first step will be Saturday with the appointment of his successor as head of the Christian Democrats. The choices that are sure to have far-reaching consequences for the entire continent.

Produced by Charles Wente, Juliette Laurain and Laura Burloux


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the crisis will not be resolved by populist or anti-EU options, said Italia Viva | Instant News

Prime Minister Giuseppe Conte spoke to reporters.

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LONDON – Italy’s latest political crisis will not ultimately lead to the inauguration of a populist or anti-EU government in Rome, a former minister told CNBC as the country seeks a new government amid the pandemic.

Italy faces new political uncertainties after former Prime Minister Matteo Renzi withdrew his support for the current coalition government. His small party – Italia Viva – has supported the Five Star Movement and the Democratic Party, two pro-EU parties, which have been in power since the summer of 2019.

However, differences over how to spend Europe’s upcoming recovery funds led to Renzi’s withdrawal of support and led to the resignation of two of Viva Italia’s ministers. This includes Elena Bonetti, former minister of family and equal opportunities.

“What we don’t want to do is forge an alliance with a right-wing populist and anti-European government,” Bonetti told CNBC’s Joumanna Bercetche when asked about the possibility of a future government.

We believe that we must place Italy’s future prospects firmly in the European context.

Elena Bonetti

Italy Viva member

The three-party alliance is critical to keeping anti-EU politicians away from the government during the previous political crisis in the summer of 2019. But support for anti-immigration and anti-EU parties is strong in Italy, where the Lega and Brothers of Italy are voting. first and third, current respectively.

“We believe that we have to put Italy’s future prospects firmly in the European context. So, no populist or anti-European choices will be made,” said Bonetti.

Financial markets have reacted in the past to comments from anti-EU politicians in Italy which has suggested, for example, that it would be better off moving out of the eurozone – Europe’s 19-member region where countries share the same currency.

The recent crisis has led to an increase in yield 10 years of Italian bonds were benchmark over the past week, but overall their impact on the market was somewhat controllable.

That European Central Bank is undertaking a massive government bond purchase due to the pandemic and the European Union will release unprecedented levels of fiscal stimulus across the region. The monetary and fiscal response has reduced borrowing costs for European governments.

But Italy’s political crisis comes at a particularly challenging time, with the number of Covid-19 infections showing no signs of slowing down, and economic damage that could lead to a 10% contraction of GDP (gross domestic product) for 2020.

Lega party leader Matteo Salvini spoke to the press about the government crisis and called for Prime Minister Conte’s resignation and new elections.

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Prime Minister Giuseppe Conte will discuss the current crisis next week, but it remains unclear whether he will defend his position and which parties may band together to form a new government.

“Conte could take the time to reflect on his steps while trying to find enough lawmakers from other parties to fill the gaps left by the Renzi party,” Wolfango Piccoli, vice president of research firm Teneo, said in a note, suggesting that the current crisis might drag on. late for some time.

There are three main options for breaking the deadlock: A new coalition government, possibly with a different prime minister; a government formed largely by people without political affiliation but with major technical knowledge; or snap elections, which the ruling party wants to avoid.

“We continue to think Conte is likely to stay in the lead,” said Federico Santi, senior analyst at consulting firm Eurasia Group, in a note, setting this scenario a 40% likelihood.

He also said that “snap elections remain unlikely for now,” but if they do “the ruling parties are likely to suffer serious setbacks in the event of an election, which will likely pave the way for a right-wing eurosceptic government.”


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It will take the UK economy at least two years to return to pre-COVID-19 levels – Reuters poll | Instant News

LONDON (Reuters) – It will take more than two years for the UK economy to recover to pre-COVID-19 levels, according to a Reuters poll, but the Bank of England is still expected to keep interest rates steady until at least 2024 and to avoid negative borrowing costs.

FILE PHOTOS: A shopper walks in London, England December 18, 2020. REUTERS / Hannah Mckay / File Photo

The UK government has stepped up a coronavirus vaccination program in one of the countries hardest hit by the pandemic, but another national lockdown, hurting the dominant service industry the most, means the economy will shrink again this quarter.

The median forecast in a Jan. 11-14 poll of more than 70 economists said the economy will contract 1.4% this quarter after shrinking 2.0% in the last three months of 2020. In December, before the new national lockdown was announced, the economy was forecast. grew 1.7% this quarter.

“While we expect the tight lockdown to trigger a 3% drop in UK GDP in the first quarter, the more optimistic outlook for vaccinations means a sustainable recovery could begin in the spring,” said ING’s James Smith.

(Reuters poll: UK economic growth, inflation and interest rate outlook,)

Prime Minister Boris Johnson said on Wednesday, with daily coronavirus deaths at record levels, Britain is targeting a 24-hour, 7-day-week vaccination program as soon as possible to inoculate 15 million people by mid-February.

“Realistically it could allow a gradual removal of restrictions starting in March, and more meaningfully after Easter,” said Smith.

So the next quarter the economy is expected to grow by 3.9% and then to grow by 2.5% the following quarter, the poll shows. For 2021 as a whole, growth is pegged at 4.9% and for 2022 it is 5.3%.

When asked how long it would take the economy to recover to pre-COVID-19 levels, 14 out of 23 respondents answered an additional question that said it would take at least two years. Nine says in two years and nobody says in a year.

“Even though the UK is among the first in its class to launch a vaccine, we think the economic recovery will lag behind most other European countries as the UK is in a relatively weak position due to the simultaneous shocks from Brexit,” said Stefan Koopman at Rabobank.

Johnson reached an eleventh hour deal with the EU on December 24, avoiding tariffs on trade in goods with the EU. However, trade between the two economic regions will still face significant extra paperwork.


Bank of England Governor Andrew Bailey said on Tuesday that the UK economy is facing “the darkest hour” but played down suggestions a sub-zero rate cut would be an immediate way to boost growth.

BoE rate determinant Silvana Tenreyro on Monday outlined the possible benefits of the policy and Deputy Governor Ben Broadbent said on Tuesday that the main decision was whether negative interest rates risk lowering lending volume by reducing bank profitability.

Sixteen respondents to additional questions said the bank was unlikely or very unlikely to take borrowing costs into negative territory and eight said it was possible or very likely. In the October poll only five said the World Bank would be below zero.

Only three of 57 economists expect a cut at the Bank’s February 4 meeting and the median in the poll suggests Interest Rates will not move from a record low of 0.1% through 2024 at the earliest.

However, six out of nearly 60 respondents expect negative rates by the end of 2021.

“As the experience of other central banks shows, negative interest rates have a very limited effect while at the same time producing large-scale side effects,” said Martin Weder of ZKB.

“The BoE is unlikely to do this unless forced to do so in the event of a deep downturn.”

Reporting by Jonathan Cable; Poll by Richa Rebello and Tushar Goenka; Edited by Toby Chopra


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Imran Khan beat Virat Kohli in the ICC poll | Instant News

Kombo shows former Pakistan captain Imran Khan (left) and India captain Virat Kohli (right).
  • A total of 536,346 votes were cast in the poll
  • Imran Khan received 47.3% of the vote
  • Virat Kohli came in second with 46.2% of the votes

DUBAI: Former Pakistan cricket team captain Imran Khan was rated on Wednesday by Twitter users as the best captain whose cricket thrived during his time as captain.

Imran Khan against India captain Virat Kohli, former South Africa captain AB de Villiers, current captain of the Australian women’s team Meg Lanning in a Twitter poll by the International Cricket Board (ICC) launched the previous day.

A total of 536,346 votes were cast in the poll with Imran Khan getting 47.3% of the vote.

India’s Virat Kohli came second in the poll and received 46.2% of the vote.

On the other hand, Ab de Villiers pocketed 6% of the vote while Meg Lanning was ranked last after securing 0.5% of the vote.

The ICC said that for these four players, the captain really stood out and was a blessing to them. It is said the players’ average improves when they become leaders in their dressing room.

“You decide which of these ‘pacesetters’ is the best among these geniuses!” ICC’s tweets.

The ICC tweet shows Virat Kohli’s average soared to 73.88 from 51.29 at ODI when he took over as captain.

On the other hand, Ab de Villiers’ average from South Africa was 45.97 when he was not captain but during his time as captain, the average shot up to 63.94.

Meanwhile, Meg Lanning also experienced spikes on average as captain. Statistics show that when he wasn’t captain he averaged 43.87 but while playing captain the average rose to 60.93.

Imran Khan, who is also the current prime minister, had a test average of 25.43 with the bat and 25.53 with the bowl at the test. However, the world cup winning captain’s test average was 52.34 and the bowling average was 20.26 when he was captain.


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There were no early elections, the governor told the opposition | Instant News

LAHORE: Punjab governor Chaudhry Muhammad Sarwar said that April will come after March and nothing will happen. Elections will be held only after the government has completed its term of office. There is no consensus among the PDM parties but there are clear differences of opinion.

Even the opponents could not show Prime Minister Imran Khan’s honesty. The government is currently implementing policies that fully comply with transparency and performance.

This view was expressed by the governor of Punjab while speaking with party and media workers at the residence of Zafar Sindhu, a central member of the PTI, on Sunday.

Chaudhry Sarwar said that the opposition party should give up hopes of holding elections earlier because elections will be held only after the end of the term of government. People will decide with the power of their vote who they want to vote for and bring to power in the future. People stand by government policy, not with opposition parties and the government is taking steps to provide assistance to the people in all fields even in difficult times, he said.

The governor said transferring power to lower levels is the government’s top priority and as soon as we tackle the coronavirus, local government elections will be held in Punjab and there is no doubt that public matters will be handled through local bodies. He further said that because of the successful economic policies of the government under Prime Minister Imran Khan’s leadership, Pakistan was successful in the economic field. Pakistan’s exports to the UK exceeded Rs1 billion for the first time and exports to Britain increased 47% in December. Pakistan will get its rightful place in the world in the economic field.

Chaudhry Sarwar said that a revolution is taking place in the industrial sector in Punjab as government policies and new job opportunities are also available for the people. The government also addresses business community issues based on priorities, he added.


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