Asian shares near record highs as U.S. stimulus plans offset virus woes
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by optimism of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy.
EU to debate Russia sanctions after Navalny protest arrests
The European Union will consider fresh sanctions on Russian individuals on Monday after more than 3,000 people were arrested across Russia on Saturday to demand the release of Kremlin critic Alexei Navalny.
U.S. oil refiners set for worst earnings quarter of the pandemic
U.S. refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products.
China gold miners rescued early after cavities in shaft discovered: official
Eleven Chinese gold miners trapped underground after an explosion were rescued much earlier than expected thanks to steel pipes supporting blockages in the mine shaft, according to state-media, as the search continued for 10 others.
UK could become ‘a failed state’ without reform, former UK PM Brown says
Unless the United Kingdom is fundamentally reformed it could swiftly become a failed state as many people have lost faith in the way the country is governed by, and in the interests of, a London-centric elite, former Prime Minister Gordon Brown said.
Ugandan court lifts opposition leader Bobi Wine’s house arrest
A Ugandan court has ordered security forces to cease surrounding the home of opposition leader Bobi Wine, whose house arrest since a mid-month presidential election has drawn international pressure, his lawyer said on Monday.
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