According to official data, the UK inflation jumped to 5.4% in December, becoming the highest in 30 years. It has put more pressure on the Bank of England to raise interest rates next month. The higher energy costs, resurgent demand, and supply chain issues continued to drive up consumer prices. The surge in CPI is likely to impact food and drink, restaurants, furniture following household goods.
Courtesy: The Economic Times
Albert Bourla, CEO of Pfizer Pharmaceutical, was awarded the prestigious Genesis Prize on January 19. The $1 million award is granted for his efforts in developing world leading COVID-19 vaccine. ''Bourla had received the largest number of votes in an online campaign in which some 2,00,000 people in 71 countries participated'', stated the Prize Foundation. Meanwhile, Bourla hopes to travel to Jerusalem this summer for the event.
Courtesy: US News
A law which transforms health pass into a vaccine pass with the motive to contain the spread of COVID-19, has been adopted by the French National Assembly. It was adopted by a vote of 215 for and 58 against, and after "debates-cum-discussions". Under the law, negative COVID-19 tests won't be sufficient to visit public places. Meanwhile, bars, restaurants and cafes are allowed to verify the identity of vaccine pass holders.
Nine people lost their lives after a building flooded at a power station in Ganzi Tibetan Autonomous Prefecture, southwest China's Sichun Province, local media reported on January 14. Two people were rescued in a stable condition, while all the flood water had been pumped out by afternoon. Pertinently, rescue operation was called off, which was joined by over 500 workers, as 11 maintenance people were trapped in the power station.
Electricity supply to Afghanistan has been reduced by Uzbekistan by 60%. The Kabul authorities have said that electricity exports to Afghanistan have been reduced without coordination, while Uzbekistan officials said that the drop is triggered by the technical problem, that had arisen at the Marjan power station. The country has reduced the amount of electricity available for exports to Afghanistan, a news agency reported.
Citing Omicron situation, Japan PM, Fumio Kishida on January 11, announced ban on entry of non-resident foreigners till the end of February. The entry ban has been in place since November 30, following Japan's first case of the highly contagious Omicron variant. Kishida suggested that a formal decision whether to continue entry ban in its current form would be decided once Japan's long weekend finished.
About six people died, 32 others were injured, and 20 went missing after several giant rocks collapsed from a canyon and fell onto four boats in Brazil. The incident took place on January 8, when large rocks fell from canyon that surrounds Furnas-Lake. Earlier, heavy rains were recorded during the morning, due to which some geologists believe that waterspouts may have caused the rocks to fall.
Courtesy: United News Of India
After two buses collided with each other, 14 people were killed and 17 others were injured on January 8, in Sinai-Peninsula, Egypt. As per officials, the buses collided while speeding in poor visibility due to fog, following which the victims were taken to a hospital nearby. According to the official figures, about 7,000 people were killed on the country's roads in 2020.
Courtesy: Free Press Journal
In the past 24 hours, 1,116 new COVID-19 cases have been reported in Bangladesh, taking the overall tally to 1,592,209, with most cases recorded in Dhaka. Around 154 people recovered, while 19,275 samples were tested across the country, for a positivity rate of 5.79 percent. As per figures, the recovery rate is 97.39 percent, and the mortality rate is 1.76 percent.
Courtesy: BD News 24
Mediterranean country Malta has announced to pay $238.10 (Rs 3400) to each tourist, if S/he chooses to stay in the country for a minimum period of three days. Aimed at reviving the tourism industry, the announcement is expected to benefit about 35,000 visitors. Reportedly, all the foreign tourists will be entitled to the uniform cash reward. Notably, the tourism industry contributes 27% to the country's economy.