Israel has almost emerged from its COVID-19 closures, Prime Minister Benjamin Netanyahu, who is on the campaign trail, said on Sunday as restaurants reopened under an exit plan fuelled by fast-paced vaccinations. But health officials cautioned that rising contagions could trigger another lockdown - a possible dampener on Netanyahu's hope of parlaying his pandemic policies to victory in a March 23 ballot. "Restaurants are coming back to life," Netanyahu said after he and Jerusalem Mayor Moshe Lion clinked mugs and tucked into pastries outside at a park cafe.
West Brom vs Newcastle United kicks off at 12 noon on Amazon Prime Video Inside Newcastle's civil war: Bust-ups with Steve Bruce, 'cowardice' and fury over leaks Steve Bruce's explosive press conference: what he said and whether he was right
Crystal Palace boss Roy Hodgson says he is delighted to see Dele Alli back on track at Tottenham - even if his return could spell trouble for the Eagles in this afternoon’s London derby. It was Hodgson that handed Dele his England debut as a teenager back in 2015 and after a period in the wilderness under Jose Mourinho, the midfielder is back in first team contention at Spurs having made his first league start since the opening day of the season in the midweek win over Fulham. No move materialised and the playmaker is back in favour after he struck a wonder goal in the Europa League against Wolfsberger last month before playing a key role in Thursday’s 1-0 win at Fulham.
Foxes came from behind to emerge 2-1 winners away from home in the Premier League
Battered by Covid and online sales, one of Paris's best-known book sellers Gibert Jeune is to shut up shop in the city's historic literary and intellectual heart, a stone's throw from the banks of the Seine where the family-owned firm started out over 130 years ago.
(Bloomberg) -- China’s exports surged in the first two months of the year, reflecting strong global demand for manufactured goods and with figures partly skewed by the low base in 2020 when the economy was in lockdown.Exports jumped 60.6% in dollar terms in the January-February period from a year earlier, data from the General Administration of Customs showed Sunday, well above the 40% median estimate in a Bloomberg survey of economists. In February alone, exports more than doubled from last year.The first two months are normally volatile for China’s economic activity because of the week-long Lunar New Year holiday, which fell in February this year. The figures are even more distorted this time around because of the comparison with 2020, when factories and businesses were shut to contain the coronavirus outbreak in the early part of the year. Exports plunged 17.4% in the first two months of last year.Even with the favorable base effects, the data shows exports continued to benefit from soaring global demand for medical equipment and work-from-home devices, which has helped to underpin China’s V-shaped recovery from the pandemic since the second half of the year.The customs agency said the strong trade data reflects improving demand in major trading partners like the U.S. and Europe, a domestic recovery that’s fueling import growth, and base effects from last year’s slump.Travel RestrictionsExports also benefited from a shorter-than-usual vacation for migrant workers during this year’s Lunar New Year break and the early resumption of factory production. Travel restrictions imposed early in the year prevented many workers from making their annual trip home during the holiday.“Excluding distortions from base effects, trade growth was still quite solid,” Nomura Holdings Inc. economists led by Ting Lu wrote in a note. While export growth will likely slow after March as base effects ease, fresh stimulus measures in developed nations, especially in the U.S., “may bolster external demand for Chinese products and partly offset the downward pressure,” he said.Imports also grew strongly, climbing 22.2% in the first two months of the year from a year earlier, exceeding the 16% gain predicted by economists. A breakdown of the data suggests a divergence between heavy industries and hi-tech sectors, with the latter outperforming, according to Bloomberg Economics.What Bloomberg Economics Says...In the longer term though, we see uncertainty for exports in the second half of the year as external demand for working-from-home and anti-epidemic goods may start to slow, alongside the pandemic staying in check. In addition, more export economies would return to the market, potentially leading to more intensive competition in global markets.-- David Qu, China economistFor the full report, click here.The data comes two days after the National People’s Congress, the biggest political meeting of the year, kicked off in Beijing, with the government setting out its economic agenda for coming years. Authorities are targeting growth of more than 6% this year, a relatively conservative goal compared with the 8.4% expansion that economists predict. The government also signaled more restrained monetary and fiscal policy after last year’s pandemic stimulus.“We expect Beijing to carry out its policy normalization in coming months, although a sharp shift in policies appears unlikely,” Nomura’s economists said.Other DetailsThe trade surplus reached $103.25 billion in the first two months of the yearTrade with the U.S. surged 81.3% in the January-February period from a year earlier, taking the trade surplus to $51.3 billion. For a breakdown of China’s main trading partners, click hereA breakdown of commodity imports shows large increases in purchases of steel and natural gas in the two-month period and a plunge in coal(Updates with comments from economists.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Top Chinese diplomat Wang Yi says the electoral system in Hong Kong must be improved for long-term stability and that reform would bring about a "brighter future" for the city.China's plan to dramatically reshape Hong Kong's electoral system, unveiled last week, is expected to upend the territory's governance and ensure Beijing loyalists are in charge.
The remote Pacific territory of New Caledonia, one of the few places on the planet to have avoided Covid-19, is to go into strict lockdown after detecting nine cases, local officials said Sunday.
Pope Francis prayed Sunday for "victims of war" in northern Iraq, where the Islamic State group ravaged one of the world's oldest Christian communities until the jihadists' defeat three years ago.
Manchester City boss Pep Guardiola says wrapping up the Premier League title race early may not necessarily boost their quadruple hopes. City can go 14 points clear at the top of the league with victory over Manchester United in this afternoon’s derby. Securing their third crown in four years with something to spare could free them up to focus on their other objectives - chiefly the Champions League, but also the Carabao Cup final and the FA Cup.
Every Premier League fixture for the 2020/21 season plus confirmed dates and kick-off times
Polling opened on Sunday morning for a presidential election at crisis-hit Barcelona, where the winner will face the challenge of rebuilding the club's finances and squad.
Global players are gathering online from Monday to brainstorm ways to rapidly boost vaccine production and fight a still-virulent coronavirus that has hobbled the world for 14 months.
Middleweight champion Adesanya failed to dethrone light heavyweight titleholder Blachowicz
Western Sydney Wanderers were gifted the only goal in a tight match against an in-form Western United outfit that lacked the quality in front of goal.
Western Sydney Wanderers have snapped a two-game losing streak after defeating Western United 1-0 in Ballarat.Making his first Wanderers' start, Jordon Mutch secured the win for the visitors when he seized on a calamitous error from birthday boy Jerry Skotadis deep in United's half, stole the ball and fired past substitute keeper Ryan Scott in the 57th minute.
Jurgen Klopp says Liverpool are “too big” to sacrifice the rest of their Premier League campaign to focus on the Champions League - even if it represents their best chance of salvaging a poor season. Winning the Champions League would offer a route back into next season’s elite tournament but there is still a long way to go on that front even though they hold a 2-0 lead heading into next week’s last-16 second leg against RB Leipzig.
Adesanya showed his peers how it is done, even in a losing effort.
(Bloomberg) -- The rally in oil prices has all but expunged any likelihood that Saudi Aramco will fail to meet its $75 billion dividend payout next year, according to Bank of America Corp.Far from missing the payment, the company may even boost it in 2022 as it increases production and benchmark crude prices head back toward $70 a barrel, the bank said.Aramco’s pledge to pay an annual $75 billion to shareholders during its first five years as a publicly traded company was thrown into doubt last year as oil tumbled amid the Covid-19 pandemic, prompting the company to slash spending and increase borrowing. It also put an additional strain on Saudi Arabia’s finances. The government, which owns 98% of Aramco after selling shares in a December 2019 initial public offering, has depended on the dividend to help plug its budget deficit.“Aramco would be well-placed to implement its higher dividend distribution guidance given during the IPO and even increase dividends beyond its minimum $75 billion pledge,” Bank of America analysts including Houston-based Doug Leggate and Karen Kostanian in Moscow said in a report. “Aramco is one of the few companies globally that can substantially boost output without committing additional capex.”Saudi Arabia, the world’s largest crude exporter, is benefiting as oil rebounds from last year’s slump amid OPEC+ production limits and signs of a global economic recovery. Brent, a benchmark for more than half the world’s oil, jumped 4.9% last week to $69.36 a barrel as of Friday, its highest close in almost two years.The potential for higher dividend payouts is already priced into Aramco’s stock, according to Bank of America, which left its target for the shares unchanged at 35 riyals. The shares rose as much as 2.3% to 36 riyals in Riyadh on Sunday. They have gained 2% this year.The bank’s report was published on Thursday, before a decision by the Organization of Petroleum Exporting Countries and partners like Russia to continue with its policy of supply restraints, which gave a further boost to prices.Saudi Arabia also said last week it would delay by an extra month plans to start returning 1 million barrels a day to the market, which gave a further boost to prices.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Myanmar has asked India to return several police officers who crossed the border following its coup.The deputy commissioner in Champai district in the northeastern state of Mizoram, Maria C.