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Tag: policy

The Latest: France’s Macron defends no-lockdown policy

The Latest: France’s Macron defends no-lockdown policy

Health
PARIS — France’s president says he has nothing to be sorry about for refusing to impose a third virus lockdown earlier this year, even as his country is now facing surging infections that are straining hospitals and more than 1,000 people with the virus are dying every week.Emmanuel Macron’s government has stressed the importance of keeping children in school and businesses afloat as the pandemic stretches into a second year.“We were right not to implement a lockdown in France at the end of January because we didn’t have the explosion of cases that every model predicted,” he said late Thursday night. “There won’t be a mea culpa from me. I don’t have remorse and won’t acknowledge failure.”For months France has championed a “third way” between confinement and freedom, including a nationwide ...
Airline bosses urge PM not to impose blanket hotel quarantine policy

Airline bosses urge PM not to impose blanket hotel quarantine policy

Business
UK airline bosses have written to Boris Johnson insisting there is not enough evidence that imposing hotel quarantines on all travellers arriving into the country is necessary.The chief executives of British Airways, easyJet and Virgin Atlantic were among those who signed the letter to the prime minister which also called for support to help the industry survive. It came after vaccines minister Nadhim Zahawi told Sky News the government would soon make an announcement on the policy - and that people should hold off on booking a summer holiday. Image: Travel industry insiders expect a decision on the policy imminently The letter to Mr Johnson from airline chief executives said: "We have seen no compelling scientific evidence that intro...
Amazon faces legal challenge over Prime cancellation policy

Amazon faces legal challenge over Prime cancellation policy

Technology
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Monetary policy transmission of PSU banks stronger than private lenders: RBI paper

Monetary policy transmission of PSU banks stronger than private lenders: RBI paper

Finance
Mumbai: The monetary policy transmission of state-owned banks in the short-run is stronger than their counterparts in the private sector, and can be improved further with capital infusion, said a RBI working paper. The credit channel of monetary policy transmission is robust in India and its efficacy can be reinforced by better capital position of banks, said the working paper on 'Asset Quality and Credit Channel of Monetary Policy Transmission in India: Some Evidence from Bank-level Data'. "Controlling for asset quality, in the short-run, the credit channel of monetary transmission of public sector banks is stronger relative to that of private sector banks," it said. The Reserve Bank of India said the views expressed in the paper are those of the authors and not of the central bank. Ac...
Brexit: Ministers unveil next steps in England’s farming policy

Brexit: Ministers unveil next steps in England’s farming policy

Science
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