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Eurostar Gets €290M Bailout To Continue Channel Tunnel Trains

Eurostar has secured the funding necessary to keep its Channel Tunnel train service running following a catastrophic year that had the company teetering on the brink of bankruptcy. ....

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France to Impose Extra Restrictions on U.K. Travelers

(Bloomberg) The French government is set to unveil extra restrictions for passengers coming from the U.K. to fend off the coronavirus variant first identified in India. ....

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Eurostar Ridership Slumps 95%, Forcing U.K. and France to the Rescue

Eurostar Ridership Slumps 95%, Forcing U.K. and France to the Rescue
Bloomberg
1/21/2021
Tara Patel and Tim Ross
(Bloomberg) France and the U.K. are negotiating an aid package for Eurostar International Ltd. after the coronavirus crisis wiped out 95% of the Channel Tunnel train operator’s passenger traffic.
One option under discussion could see the Bank of England provide funds from its Covid loan facility as part of the U.K. contribution, according to a person familiar with the matter who asked not to be identified. The person said the train operator is eligible despite French government majority ownership.
Talks are centered on support that reflects the interests of both countries, French Transport Minister Jean-Baptiste Djebbari told a parliamentary committee on Thursday. France controls Eurostar via state railway SNCF, but the firm is based in London and seen as important to the British economy. ....

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U.S. Deaths Near 400,000; India's Vaccine Drive: Virus Update

N.Y. Wants Pfizer Deal; Florida Activist Arrested: Virus Update
Bloomberg
1/18/2021
Bloomberg News
© Photographer: ARIANA DREHSLER/AFP
Nurse in the Intensive Care Unit at Providence St. Mary Medical Center in Apple Valley, California.
(Bloomberg)
The head of the World Health Organization criticized rich nations and drug companies for allowing younger, healthier adults to get vaccinated ahead of health workers and older people in poor countries. “The world is on the brink of a catastrophic moral failure,” Tedros Adhanom Ghebreyesus said.
The European Union’s executive arm will urge member states to set a target for vaccinating at least 70% of the bloc’s population by this summer, and German Chancellor Angela Merkel and state leaders appear likely to extend lockdown measures. ....

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Global Cases Top 95 Million; India's Vaccine Drive: Virus Update

N.Y. Wants Pfizer Deal; Florida Activist Arrested: Virus Update
Bloomberg
1/18/2021
Bloomberg News
© Photographer: ARIANA DREHSLER/AFP
Nurse in the Intensive Care Unit at Providence St. Mary Medical Center in Apple Valley, California.
(Bloomberg)
The head of the World Health Organization criticized rich nations and drug companies for allowing younger, healthier adults to get vaccinated ahead of health workers and older people in poor countries. “The world is on the brink of a catastrophic moral failure,” Tedros Adhanom Ghebreyesus said.
The European Union’s executive arm will urge member states to set a target for vaccinating at least 70% of the bloc’s population by this summer, and German Chancellor Angela Merkel and state leaders appear likely to extend lockdown measures. ....

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