Thursday, February 25, 2021

Wall Street logs losses as tech stocks slide, bond yields rise


US benchmark indices logged losses Thursday, weighed down by technology stocks as investors moved to other sectors that could stage economic comebacks.


But increasing pressure from rising bond yields dampened appetite for risk. 


Here's Liling Tan reports with Wall Street's latest. 


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Olympic champion takes testosterone fight to Human Rights Court

Olympic 800m champion Caster Semenya will lodge an appeal with the European Court of Human Rights over the restriction of testosterone levels in female runners. Following a 2019 rule change, she is not allowed to compete in races between 400m and one mile unless she takes testosterone-reducing medications. Toni Waterman has more from Brussels.

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UK's coronavirus level lowered as risk to healthcare system falls

The UK's coronavirus alert level has been lowered from level five to level four across the whole country. 


That means the risk of the National Health Service being overwhelmed "has receded."


Benji Hyer has more details from London. 


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New York DA obtains Trump tax returns

After a long legal battle, the District Attorney of New York state has finally obtained former President Donald Trump's tax returns.

Earlier this week, the US Supreme Court blocked a last ditch effort by Trump's team to keep the records secret.

Our US correspondent Rebecca Foster reports.

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New Covid-19 variant spreading in New York

A new variant of Covid-19 has been found in New York City.

Scientists say the mutation could help the virus avoid the body's immune system.

Sarah Walton reports

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Reports: Trump tax records handed over to New York prosectors

Former US President Donald Trump's tax records have now been handed over to prosecutors in New York, after a Supreme Court ruling on the issue last week.


The New York District Attorney now has 8 years of the former President's tax returns, plus millions of pages of other financial data relating to his business empire.


Our Washington Correspondent Simon Marks reports.


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Pfizer explores Covid-19 3rd booster dose

Pfizer is trialling a Covid-19 booster vaccine.

It means people could be offered a third dose to increase immunity to the virus.

US correspondent Nick Harper reports.

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UN accuses Eritrea of forcing refugees back home


Intro 

The UN Human Rights Council is looking into allegations that has received a report Eritrean refugees in Ethiopia's crisis-hit Tigray region are being forcefully sent home. A UN human rights expert submitted a report to the organization, saying he was particlarly concerned about two refugee camps which may have been destroyed.

Coletta Wanjohi reports from Addis Ababa:



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Uganda Responds to US Sanction Threats

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Uganda says the United States cannot lecturer it on democracy.


The response comes after a US State Department spokesperson said the Biden Administration was considering holding some individuals accountable for their involvement in alleged human rights violations during Uganda's recent elections.


Isabel Nakirya reports

 

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U.S. set to release intelligence report on Khashoggi murder blaming Saudi crown prince

The U.S. is set to release a declassified intelligence report on the murder of journalist Jamal Khashoggi in 2018, pointing the finger directly at Saudi Arabia’s crown prince Mohammed bin Salman.

The report has been read by U.S. President Joe Biden, who is planning to speak to the Saudi King soon.


Nina-Maria Potts has more:


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EU leaders to discuss accelerating vaccine roll-out at summit

Accelerating Europe's vaccine roll-out will be on the agenda as EU leaders from the bloc's 27 member states meet for a video conference.

With vaccine supplies expected to triple to 300million doses in the second quarter, European nations will need to significantly boost manufacturing capacity in the bloc. 

Lucy Hough has more from Brussels. 

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Teachers to decide students' grades in England this Summer

Hundreds of thousands of students across England will have their grades decided by teachers this summer.

 

This system has been introduced due to the cancellation of exams because of the coronavirus pandemic.

 

Chris Jones has more in London


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PRINCESS LATIFA URGED POLICE SEARCH FOR SISTER

The daughter of Dubai's ruler, Princess Latifa - who claims she is being held against her will by her father - appealed to the UK to re-investigate the whereabouts of her older sister. Princess Shamsa has not been seen in public for more than twenty years. Laura Makin-Isherwood has more.


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UK study shows high levels of virus resistance and vaccine confidence

At least one in seven people in England now have antibodies to Covid-19, either from a previous infection or a vaccine. 


That's according to a mass blood testing survey, called REACT-2, which is run by Imperial College London and which tests for signs of immunity against coronavirus, as Benji Hyer explains from London. 


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DRC AMBASSADOR'S TRAVEL

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The government of the Democratic Republic of Congo has prohibited foreign diplomats from travelling outside the capital Kinshasa without informing them in advance.

The decision was made a day after the killing of the Italian ambassador, his bodyguard and driver in the eastern part of the country.  Chris Ocamringa has more from Kinshasa.

 

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ARMENIANS GATHER AFTER “ATTEMPTED COUP”

Armenians are gathering in the capital city of Yerevan after the Prime Minister accused the military of attempting a coup.

Earlier, the armed forces demanded the Prime Minister immediately resign after he sacked two top military officials.

Stuart Smith reports from Moscow.

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PRICE OF RUSSIA'S SPUTNIK V VACCINE HALVED

The price of Russia's Sputnik V Covid-19 vaccine has halved, from around 26 US dollars to 12 dollars.

That's due to a more efficient manufacturing process and the high number of doses being produced - according Russia's Industry and Trade Minister.

Stuart Smith has more from Moscow.

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ENGLAND COVID EXAM RESULTS SYSTEM ANNOUNCED

Ministers have announced plans aimed at avoiding a repeat of last year's exams row in England due to disruption to education from covid-19.

Teachers will be given wide flexibility to determine A-level and GCSE results based on a range of evidence.

Grades will be issued earlier than usual to allow time for any appeals.

Schools minister Nick Gibb says teachers will have to demonstrate evidence for the grades they award.

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Kenya bars runners from Kilimanjaro Marathon over COVID-19 fears

Kenya announced that its athletes were banned from competing in Tanzania's top marathon race this Saturday over concerns about the coronavirus pandemic. This comes as a big blow for the region's top runners. Daniel Kijo reports from Dar es Salaam.


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India to start vaccinating those "at-risk" for COVID-19 next week as second phase inoculation starts

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India will start vaccinating the elderly and people with co-morbidities next week.

In its second phase of COVID-19 vaccinations 270 million people will likely take the jab.

But dull turnout remains a concern, as Ishan Garg tells us from New Delhi.

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