On Tuesday, Danish Saxo Bank published its traditional Outrageous Predictions for the next year. Saxo Bank describes its 10 'shocking predictions' as a 'series of unlikely and underestimated events which, however, could cause financial markets to be hit by a very powerful shock wave'.  According to Saxo Bank, the retreat of the coronavirus due to mass vaccination in 2021 will dramatically...

The UK will give up the most controversial provisions of the Internal Market Bill after it has reached agreements in principle with the EU on issues relating to the status of Northern Ireland, said Michael Gove, Cabinet Office Minister. The Internal Market Bill, introduced into Parliament by the government, is designed to regulate trade between four parts of the United Kingdom after the end of...

Coronavirus COVID-19 vaccination will start this week, said US President Donald Trump while speaking to his supporters in Georgia. "They will start next week, we will start vaccinating," said Mr. Trump. Earlier, the American company Moderna, as well as Pfizer, together with BioNTech, submitted applications to the US regulator to use their vaccine in the country. During his speech in Georgia,...

The World Health Organisation (WHO) does not recommend issuing immunity passports to coronavirus patients. At the same time, WHO is considering the possibility of introducing electronic certificates of vaccination against COVID-19 for foreign travel. "We are carefully examining the possibility of using technology to respond to the COVID-19 pandemic.  This also applies to cooperation with...

Unilever is testing a four-day working week in New Zealand. Employees' salaries will not change, nor will their workload: they will simply have to do their tasks in less time. One of the largest manufacturers of consumer goods Unilever will temporarily transfer its employees in New Zealand to a four-day working week, Reuters reported citing a statement from the company. As part of the...

London showed the most significant reduction in vacant jobs rates among major European cities: at the start of the COVID-19 pandemic the number of job ads published fell by 50%. This was reported by The Guardian with reference to a study conducted by the world's largest HR website, Indeed. Madrid is in second place with a 40% reduction, Rome showed a 35% reduction and Berlin - a 25% reduction....

For the first time in U.S. history, the White House communications team will consist of only women, Joseph Biden announced. He has appointed Jen Psaki, a former State Department spokeswoman, as his spokesperson. Biden announced the planned appointment of former State Department spokeswoman Jen Psaki as White House spokesperson, Reuters reports. He has chosen campaign spokesman Kate Bedingfield as...

Venezuela has resumed direct oil deliveries to China, which were carried out in secret for over a year due to U.S. sanctions, Reuters reports with reference to the data of the tracker Refinitiv Eikon and internal documents of the Venezuelan state company PDVSA. According to the agency, the Chinese oil companies CNPC and PetroChina stopped taking oil cargoes in Venezuelan ports since August 2019...

The European Commission has developed a "European Pharmaceutical Strategy" aimed at providing the EU market with quality medicines at affordable prices and preventing shortages of medical products, according to EC materials. "The strategy is based on experience in responding to the COVID-19 pandemic and aims to strengthen and make the pharmaceutical sector more sustainable," the document says....