Australia on Thursday extended its suspension of the "travel bubble" arrangement with New Zealand for another 72 hours until Sunday, mandating a 14-day hotel quarantine for all arrivals.
Timothy Gardner
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WASHINGTON, Jan 27 (Reuters) - U.S. President Joe Biden’s nominee for energy secretary, Jennifer Granholm, faced questions on the administration’s push on clean energy, including competing with China on electric vehicles, at her Senate confirmation hearing on Wednesday.
While governor of auto-manufacturing Michigan from 2003 to 2011, Granholm led a charge to secure $1.35 billion in federal funding for companies to produce electric vehicles (EVs) and batteries in the state.
Granholm, 61, who is expected to be confirmed by the Senate in days after the hearing, wants to steer the department to help the United States compete with China on EVs and green technologies like advanced batteries and solar and wind power.
China's regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China's central bank vice governor said in a Financial Times opinion piece.
Nine euro zone banks ate into their capital buffers last year, making use of leeway granted by supervisors to help them cope with the fallout of the coronavirus outbreak, the ECB said on Thursday.
By Reuters Staff
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MEXICO CITY, Jan 27 (Reuters) - Mexico’s central bank said on Wednesday the country’s short-term economic policy needs to focus on attracting more investment and reducing internal economic uncertainty to help steer a sustained recovery from the impact of the coronavirus pandemic.
In a report, the central bank said Mexico should continue working to correct institutional and structural problems that have led to low levels of investment and productivity.
Latin America s No. 2 economy is headed for an estimated 8.8% contraction in 2020 after the government imposed a series of coronavirus restrictions to stem the spread of infections, though new cases are still surging. (Graphic: tmsnrt.rs/34pvUyi)