FirstFT: UK plans to ease travel restrictions from EU and US
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The UK will consider easing restrictions on travelers from the EU and the US this week, with a senior airport official confident ministers would “imminently” expand quarantine exemptions.
Ministers are separately considering removing France from the new ‘amber plus’ category, which requires UK travelers to self-quarantine on their return to contain the beta variant in that country.
Government officials said it would be “easier” to apply looser rules to travelers from the EU, which has issued citizens with a digital health pass since earlier this month.
One official said granting the same waiver to US travelers was more complicated because “their system is largely paper-based and run by 50 states.”
But the Biden administration has said it will maintain travel bans for the foreseeable future in countries such as the UK and the EU to limit the spread of the more communicable Delta variant.
Five other articles in the news
1. The Aon-Willis Towers Watson agreement collapses Aon and Willis Towers Watson have dropped a $ 30 billion merger that would have created the world’s largest insurance broker after the U.S. government filed a lawsuit to block the merger. Aon chief executive Greg Case said the companies were at a “stalemate” with the US Department of Justice.
2. The turmoil in Tunisia The country’s nascent democracy faces its biggest crisis in a decade after the president impeached the prime minister and suspended parliament amid public anger over an outbreak of the coronavirus outbreak. Opponents of President Kais Saied have described the sackings as a coup and a violation of the constitution.
3. Real US Treasury Yields Hit All-Time High Amid Growth Concerns The returns investors expect after inflation on the world’s largest government bonds fell further below zero to a record low yesterday, with far-reaching implications for global markets.
More market news: The price of bitcoin has surpassed $ 40,000 following speculation that Amazon is considering accepting cryptocurrency as a form of payment. (Bloomberg – pay wall)
4. Tesla increases its profit margins The electric car maker overcame serious supply chain issues in the last quarter, increasing profit margins and pushing revenues above Wall Street expectations, figures released last night showed.
5. An ex-lover sues the former King of Spain for “illegal surveillance” Corinna zu Sayn-Wittgenstein, former lover of ex-King Juan Carlos of Spain, sues him in the High Court in London, accusing the former monarch and the Spanish secret service of having placed her under illegal surveillance in the United Kingdom. United.
Summary of the Tokyo Olympics
American swimmer Lydie Jacoby won gold in the women’s 100-meter breaststroke.
Flora Duffy just won Bermuda first gold medal in the women’s triathlon.
Momiji Nishiya from Japan, a 13-year-old skater, became the sport’s first Olympic champion after winning the women’s street event.
Adam peaty won the men’s 100-meter breaststroke to win Britain’s first gold medal in Tokyo.
France delivered on Americans their first basketball loss at the Olympics in 17 years, winning 83-76 in the first game of the group stage.
australia Ariarne Titmus beat we legend Katie Ledecky in the women’s 400-meter freestyle. See below for the epic celebration of the Titmus Coach.
Simone Bilès presented itself as a rebel within gymnastics, a sport that sought to restrict its unique athletic gifts. (CNN, NYT – paywall – FT)
– AUS Olympic Team (@AUSOlympicTeam) July 26, 2021
Add ‘Tokyo Olympics” to myFT for all of our Games coverage, and don’t miss our “Table of alternative medals”.
The coming days
Ariane 5 launch The EU-backed Ariane 5 spacecraft resumes flight today after being grounded for nearly a year. The success will be greeted with relief after the European project struggled to maintain its leadership position in space exploration.
Antony Blinken in India The US Secretary of State will begin his first official trip to India, where he will bolster security in Afghanistan and the Indo-Pacific engagement, and have a call with Narendra Modi before traveling to Kuwait. (India time)
Technological gains Apple, Alphabet and Microsoft are releasing results, which will underscore for regulators that major U.S. tech companies are experiencing their highest growth rates in years as they take advantage of their digital dominance as the pandemic exits.
Other companies declaring: 3M, AMD, JetBlue, Mitsubishi Motors, Starbucks, Virgin Money, General Electric, UPS and Visa. Read our full list here.
A sharp drop in positive tests for Covid-19 in the UK over the past six days surprised and delighted scientists. Defense workers, garbage collectors, tax office staff and prison guards in England can go to work even if they are “pinged” by the NHS Test and Trace app.
Student and university leaders in England opposed a suggestion of “Covid passports”.
France ratified a watered-down law to make vaccination mandatory for healthcare workers and require “health cards” for domestic businesses. (FT)
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What else we read and watch
Carlos Ghosn: the rise and fall of a superstar CEO A new FT film chronicles how Ghosn went from a globetrotting titan of the auto industry to an international fugitive. Interviews with industry leaders and FT journalists highlighted the vertiginous rise of the “cost cutter” and its vertiginous fall.
Joe Biden’s Afghan withdrawal could end in tragedy Biden may believe that ending the war in Afghanistan will allow the United States to focus on more pressing issues, writes Gideon Rachman. Unfortunately, he may have created a new crisis that will come back to haunt him.
High Risk Bets Cause Backlash at Binance The crypto exchange will drastically reduce the risk customers can take in any of its flagship products after regulators and consumers outcry over high-risk derivatives that can quickly leave users with painful losses. Read our explanation.
Fed divided on cutting economic support The chairman of the US Federal Reserve faces growing disagreement among key central bank officials over when to start withdrawing the monetary stimulus from Covid-19. The debate is expected to intensify at this week’s rate-setting meeting. Here’s an introduction to the Fed’s doves and hawks.
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