Pandemic upsurge hits Europe recovery hopes

Paris: An upsurge in new coronavirus cases is forcing governments across Europe into new, damaging lockdowns that threaten to delay a much hoped-for return to growth, economists say. The plan was that mass vaccination programmes would turn the tide on the pandemic, allowing locked-down consumers free rein after months penned up at home. Instead the […]

US trade chief readies tariffs against six countries over digital taxes

Washington: US Trade Representative Katherine Tai said on Friday that she will not back away from threatening tariffs, announcing she is readying potential duties against Austria, Britain, India, Italy, Spain and Turkey in retaliation for their digital services taxes. In a statement, Tai announced that her office would proceed with public notices and collect public comments, […]