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European Economy Lags China and U S on Pandemic Recovery

European Economy Lags China and U.S. on Pandemic Recovery Bloomberg 1/27/2021 Craig Stirling (Bloomberg) Europe’s economy is starting to follow the familiar script of lagging its international peers when recovering from a crisis. That was the upshot of the International Monetary Fund’s forecasts on Tuesday, which downgraded the growth outlook for 2021 across Europe and underscored a generally poorer performance compared with China and the U.S. Such diverging fortunes reflect the stringency of lockdowns across the euro zone to contain the coronavirus, as well as a late and stumbling vaccination campaign headwinds that threaten to deepen what already looks likely to be a double-dip recession. Political unease over the future leadership of Germany and a crisis in Italy are compounding the gloom.

Italian bishops embrace mission of reconciliation amid societal fractures

The Italian bishops in their winter assembly have emphasized the need for reconciliation as citizens navigate current political upheaval, the rollout of anti-COVID vaccines, and an economic crisis forcing more and more people into the growing class of the “new poor.”

Futures Tumble Ahead Of The Fed Amid Growing Hedge Fund Forced Liquidation Fears

Futures Tumble Ahead Of The Fed Amid Growing Hedge Fund Forced Liquidation Fears
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

Virus-plagued Italy in political turmoil after PM quits

Why Is the Netherlands Rioting Over COVID Now?

Why Is the Netherlands Rioting Over COVID Now? Slate 1/27/2021 Elena DeBre © Marco de Swart/Getty Images Firefighters work to extinguish a fire after riots in Rotterdam on Monday. Marco de Swart/Getty Images Last week, as the more contagious coronavirus variant began to spread within the Netherlands, the government announced a strict lockdown, including a nighttime curfew between 9 p.m. and 4:30 a.m. The curfew, the first since World War II, came despite falling cases and contrasted with the country’s comparatively lax restrictions early in the pandemic. But since Saturday, the image of the Netherlands as a bucolic country of bridges and bikes has taken a turn, as the worst riots in 40 years have swept over 10 cities in response to the lockdowns. Rioters blew up a pedestrian bridge in Amsterdam, while others burned bikes, looted and vandalized property, and clashed with police. After three days of unrest, Tuesday night saw smaller crowds, more police, an

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