Author: LoveWorld UK

Beijing said on Monday it will impose visa restrictions on U.S. individuals with “egregious conduct” on Hong Kong-related issues, mirroring U.S. sanctions against unnamed Chinese officials deemed responsible for curbing freedoms in the city. The announcement comes as the top decision-making body of China’s parliament deliberates a draft national security law for Hong Kong that pro-democracy activists in the city fear will be used to eliminate dissent and tighten Beijing’s control. Chinese foreign ministry spokesman Zhao Lijian, who announced the new sanctions during a press briefing in response to a question about Washington’s new visa restrictions, did not specify which…

British Prime Minister Boris Johnson promised a “Rooseveltian” boost to public spending to help the country’s economy recover from the coronavirus shock and said a return to austerity would be a mistake. Johnson said he would double down on his plans to increase investment and said his government – which has already announced emergency spending and tax measures worth an estimated 133 billion pounds – would continue to help people and businesses. “This is the moment for a Rooseveltian approach to the UK,” Johnson told Times Radio on Monday. Former U.S. President Franklin D. Roosevelt’s “New Deal” programme, which included…

Airbus (AIR.PA) plane output will be 40% lower for two years compared to pre-crisis plans, its chief executive said in remarks published on Monday, underscoring the threat to jobs as it draws up rapid restructuring plans due to a travel slump. Reuters reported on June 3 that Airbus was looking to hold underlying jet output at 40% below pre-coronavirus pandemic plans for two years as the basis for the restructuring. “For the next two years – 2020/21 – we assume that production and deliveries will be 40% lower than originally planned,” CEO Guillaume Faury told Die Welt newspaper, saying output…

Spain’s Prime Minister Pedro Sanchez is to make his first international trip since the coronavirus crisis to west Africa on Tuesday for a summit on Sahel region issues with other heads of state including France’s President Emmanuel Macron. The European leaders will be joined in Mauritania by heads of the so-called G5 Sahel states – also including Mali, Burkina Faso, Chad and Niger – and U.N. boss Antonio Guterres, Sanchez’s office said in a statement. The region is plagued by jihadi violence. In another sign of travel slowly resuming after months of coronavirus lockdowns, Spain’s Foreign Minister Arancha Gonzalez Laya…

Thousands of Liverpool fans celebrated their Premier League title win outside the club’s Anfield Stadium on Thursday as their 30 year wait for the league crown finally came to an end. Juergen Klopp’s side secured the title after second-placed Manchester City lost 2-1 to Chelsea in London, meaning the Merseyside club could not be caught with a 23 point lead over City with seven games remaining. Despite social distancing rules and restrictions on public gatherings due to the COVID-19 pandemic, Liverpool supporters flocked to Anfield to show their joy at the team’s success. Fans turned the sky red with flares…

Britain’s biggest retailer, saw underlying UK sales rise 8.7% in its first quarter to May 30, boosted by the coronavirus lockdown, but reiterated a flat profit outlook due to the costs of the crisis. The supermarket group cautioned costs would be at the upper end of previous guidance and also said it had increased Tesco Bank’s provision for potential bad debts, forecasting the division would make a loss of up to 200 million pounds in 2020-21. Shares in Tesco, which has a 27% share of Britain’s grocery market, were up 1% at 0800 GMT, paring 2020 losses to 11%. Prime…

Five-year-old Tony Hudgell has raised more than 1 million pounds ($1.24 million) for the London hospital that saved his life by walking 10 km on his new prosthetic legs after being inspired by Captain Tom’s record-breaking challenge. Tony suffered near-fatal abuse from his birth parents when he was a baby that resulted in the amputation of his legs. His adoptive mother Paula Hudgell said he received a set of new limbs in February, and from walking barely a step a month ago he could now power through hundreds of metres every day. The challenge had been “really fun”, Tony said,…

Wirecard (WDIG.DE) collapsed on Thursday owing creditors almost $4 billion (£3.2 billion) after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud. The payments company filed for insolvency at a Munich court saying that, with 1.3 billion euros ($1.5 billion) of loans due within a week its survival as a going concern was “not assured”. Wirecard’s implosion came just seven days after EY, its auditor for more than a decade, refused to sign off on the 2019 accounts, forcing out Chief Executive Markus Braun and leading it to admit…

Britain is working on an a plan to relax its quarantine for international travellers with some countries where there is a lower risk of contracting the novel coronavirus, Environment Secretary George Eustice said on Friday. “I know that Grant Shapps, the transport secretary, is giving this a lot of consideration so that the quarantine provisions that we have got in place can perhaps start to be relaxed with certain countries where the risk is low,” he told BBC TV. “I don’t know exactly when further information will be announced but I know that it is something the government is working…

Drinkers in England’s pubs will have to give their name before they order a pint, and there will be no live acts or standing at the bar, the government said in advice for reopening the sector next month. Pubs, restaurants and hairdressers will have to keep a record of customers for 21 days to assist the state health service’s test and trace operation, which aims to identify and contain any local flare-ups of COVID-19 and stop a second wave of infections. Live performances, including drama, comedy and music, will also not be allowed, the government said. British Prime Minister Boris…