European Commission President Ursula von der Leyen presented an exceptional aid plan on Wednesday, valued at €750 billion, to support the European economy affected by the COVID-19 epidemic. The Commission suggested the figure to finance the recovery plan, according to European Commissioner for Economic Affairs, Paolo Gentolini.
US President Donald Trump has announced a ban on entry to the United States from Brazil due to the rising incidence of the coronavirus in the country. Cases of the coronavirus continue to rise in Brazil, with 16,000 more cases reported in the past 24 hours and 653 deaths.
Representatives of the largest conservative faction in the European Parliament— the European People’s Party (EPP)— are demanding that European Commission President Ursula von der Leyen take steps to abolish border controls in EU countries from 15 May. This is stated in a letter circulated on Tuesday.
French police have seized 14,000 face masks intended for sale on the black market, AFP reported. Two people were arrested while they were unloading boxes in Saint-Denis, north of Paris, a police source said on Sunday. Last month, the French government confiscated all of its mask stockpiles and production for health care workers.
Unemployment continues to worsen worldwide due to coronavirus. According to the US Department of Labor, in the United States alone, 6.6 million Americans applied for assistance during the end of March. This figure is twice the number of applicants in the previous week. It is estimated that a total of 10 million Americans applied for unemployment assistance in the second two weeks of March.
The United Kingdom, following a number of European countries, will restrict freedom of movement for three weeks in order to combat the spread of the SARS-CoV-2 coronavirus. The inhabitants of the UK will be able to leave their homes only for the purchase of essential goods, doctor visits, and individual exercise.
July 17 is a day which lives in infamy for many Dutch people. It was on this day that Malaysia Airlines Flight 17 from Amsterdam to the Malaysian capital, Kuala Lumpur, was destroyed over Ukraine in a ground-based rocket attack by a Russian Buk surface-to-air missile, killing all 298 people onboard. Most of the victims were Dutch citizens, which is why the trial, that began Monday, is being held in Amsterdam.
The European Union and NATO have welcomed the start of the criminal trial for the downing of Malaysian Airlines Flight 17. MH17 was shot down over the Donbas region of Ukraine in July 2014. Russia has been called upon to cooperate in the investigation of this tragedy, which killed all 298 people aboard the airliner.
Quad-play bundles services, combining television, telephone, mobile phone services with wireless technology services. Even though customers of key telecom service providers in Europe are interested in quad-play services, they expect a significant discount to their bills.
Last week, the Hague Court of Appeal stated Russia is responsible for paying $50 billion to former Yukos Shareholders. OJSC “Yukos Oil Company” was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky’s Bank Menatep during the controversial “loans for shares” auctions of the mid 1990s.
Stolichnaya is a vodka made of wheat and rye grain. A well-known Soviet brand, the ownership of Stolichnaya has been disputed since the dissolution of the Soviet Union between Russian state-owned company FKP Soyuzplodimport and SPI Group, a private company founded and owned by Russian billionaire Yuri Shefler.
The court battle for the brand has been ongoing for 20 years and the final decision has been made. According to the Supreme Court of Netherlands, billionaire Yuri Shefler will have to repay all his profits from vodka sales for the period of over 20 years.