Monday, February 22, 2021

US markets end mixed with Dow near new high and Nasdaq logging losses

A tale of two extremes on Wall Street this session, with the Dow Jones near a record high but Nasdaq doing its worst day in a month.  


This session, investors had their eyes on rising interest rates, a comeback from industrials and energy stocks. 


Here's Liling Tan with Monday's Wall Street wrap.  


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US brands Iran nuclear enrichment plan " a threat"

The United States says comments by Iran's Supreme Leader that the
country could increase uranium enrichment to 60% sound "like a
threat".

But the US State department spokesman Ned Price says Washington
doesn't plan to "lash out" in response.

US correspondent Nick Harper reports.

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Trump lashes out at Supreme Court after it allows grand jury access to his tax records

Former US president Donald Trump has lashed out at the US Supreme Court's decision after it decided to block a grand jury from accessing his tax returns.


Mr Trump described the move as a as the continuation of a politically motivated witch hunt.


Kate Fisher reports from Washington


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EU foreign ministers give the nod to new Russia sanctions over Navalny

Foreign ministers from EU countries have agreed to place further sanctions against Russian officials over the jailing of Kremlin critic Alexei Navalny. 

If the measures are approved by EU leaders in mid-March, it will mark the first time the EU has used a new sanctions regime for human rights abuses. 

Lucy Hough has more from Brussels. 

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UK PM sets out roadmap to end Covid-19 lockdown

Boris Johnson has unveiled his roadmap to lift coronavirus lockdown restrictions in England. 


As he laid out his plans to Parliament, the UK Prime Minister said he hoped the nation was on a "one way road to freedom" after a "wretched year."


But, he warned that there was "no credible" route to totally eliminating coronavirus and achieving a "zero-COVID" status.


From London, Benji Hyer reports. 


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ITALIAN AMBASSADOR KILLED IN DRC

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The Italian ambassador to the Democratic Republic of Congo has been killed along with his bodyguard and driver in an ambush in eastern DRC.

Ambassador Luca Attanasio was shot by unknown assailants on Monday morning as he travelled in a convoy of the World Food Programme. Chris Ocamringa has that report...

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Uganda's Bobi Wine Withdraws Election Petition

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Uganda's opposition politician Robert Kyagulanyi, also known as Bobi Wine has ordered his team of lawyers to withdraw a court case challenging the results of the January, 14th presidential election.

 

The musician turned politician alleges the judges of the Supreme Court are biased.

 

Bobi wine lost to the incumbent President Yoweri Museveni, who has been in power since 1986…


Michael Baleke has more from Kampala.

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Supreme Court allows release of Trump tax returns

Former US President Donald Trump has suffered a serious defeat in his
attempt to protect his tax records.

The Supreme Court has ruled they must be turned over to New York's
state prosecutor.

Sarah Walton reports.

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Merrick Garland faces confirmation hearing to be next US Attorney General


Merrick Garland's Senate confirmation hearing to be the next U.S. Attorney General has kicked off in Washington.

The federal judge was nominated to the Supreme Court five years ago by then President Barack Obama...but Republicans blocked his path to confirmation.

Our Washington correspondent Giles Gibson has more.

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Boeing recommends grounding 777-model after engine failure

US plane maker Boeing has suspended operations of its 777 plane and
recommended airlines ground the aircraft.

It comes after an engine failure on a United Airlines flight over the
weekend that dropped debris over Denver.

US correspondent Nick Harper reports.

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EU set to green-light fresh sanctions on Russia over Navalny jailing

The EU is expected to green-light fresh sanctions on Russia over the imprisonment of Alexei Navalny, as foreign ministers from the 27-nation bloc meet in Brussels for talks. 

Ministers will also consider penalties against Myanmar officials over the recent coup, and discuss efforts to salvage the Iran nuclear deal. 

Lucy Hough has more from Brussels. 

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RUSSIAN LAWMAKERS TO MAKE INSULTING VETERANS CRIMINAL OFFENCE

Senior Russian lawmakers have proposed amending the law to make insulting WWII veterans a criminal offence.

According to the Vice Speaker of the lower house, Irina Yarovaya, the law should punish those who "humiliate the honour and dignity" of front-line soldiers.

It comes after Russian opposition figure Alexei Navalny was fined eleven and a half thousand dollars for slandering a veteran, a charge he denies, and believes was politically motivated.

Stuart Smith has more from Moscow.

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UK PM Boris Johnson lays out lockdown exit strategy

*NB -- PM's PARLIAMENT SPEECH 15:30G, PRESS CONFERENCE 19G*


All schools in England will reopen next month as part of the Boris Johnnson's "cautious" plan to lift coronavirus lockdown restrictions. 


The UK's Prime Minister is unveiling his finalised roadmap to Parliament on Monday, before addressing the nation in a news conference. 


Benji Hyer has this preview from London. 


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PRINCE PHILIP REMAINS IN HOSPITAL

The Duke of Edinburgh remains in hospital - having spent a sixth night away from Windsor. The 99-year-old was admitted to King Edward VII [the seventh] hospital last week following advice from his doctor. Laura Makin-Isherwood has the latest.


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Seven dead, black box, items recovered as military jet crash in Abuja


Seven persons have died after a military aircraft crashed a few yards off the runway at the Nnamdi Azikiwe Airport in Abuja.
 
The government says they were on a rescue operation in Niger state which borders the country's capital.

Phil Ihaza reports from Abuja.


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UK GOVT TO REVEAL LOCKDOWN EASING 'ROADMAP'

UK Prime Minister Boris Johnson will set out a plan to ease covid-19 lockdown restrictions later (Monday, approx 1530G).

It's a four-stage 'roadmap' that will begin with schools in England returning from March 8th.

Hospitality and non-essential retail may not fully reopen for weeks after that.

Vaccines minister Nadhim Zahawi says each phase of the unlocking will be contingent on the vaccine roll-out and the trajectory of the outbreak.

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AUSTRALIA: Rape scandal victims now number four

Australia's Parliamentary House rape scandal has deepened with a fourth
woman coming forward with allegations about the same man involved.
Arthur Stevens has more

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Indian state of Maharashtra imposes curbs to tackle Covid-19 surge

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The Indian state of Maharashtra, of which Mumbai is the capital, is introducing new restrictions to try to tackle a surge in the number of Covid-19 cases.

Out of 14,199 confirmed coronavirus infections recorded in India in the past 24 hours, almost half were in Maharashtra.

Our correspondent Rebecca Bundhun reports from Mumbai.

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India-China pull back troops from disputed border area

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India and China are pulling troops back from disputed areas in the Himalayas…

Where the two countries had locked horns since May last year…

After a flare-up resulted in the death of 20 Indian and at least 4 Chinese soldiers.

Ishan Garg reports on the disengagement from New Delhi.

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Sunday, February 21, 2021

Japan grounds Boeing 777 jets after engine breakup

Japan has asked airlines to stop flying some Boeing aircraft in and
out of the country, after the engine on a US flight broke up in the
air.

The US Federal Aviation Administration has also called for increased
inspections on the jets.

Sarah Walton reports.

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