Aviation, travel groups urge fully reopening U.S.-UK travel market
A coalition of U.S. and European travel, airline, union, business and airport groups on Monday called for fully reopening the U.S.-UK air travel market “as soon as safely possible.” In a letter to U.S. President Joe Biden and British Prime Minister Boris Johnson, the groups said the leaders’ planned meeting in early June “would be […]
Reshaping European economic integration in the post-Covid world
Most of the discussion on the economic policy response to the pandemic in Europe has centred on its ambition, tools, and institutional characteristics. Less discussion has taken place on the factors shaping EU integration and economic policy priorities after the pandemic. In a new CEPR Policy Insight, the authors argue that four sets of issues will be important in shaping the legacy of the pandemic for European integration: redefining the new boundaries between state and market; revisiting the nature of subsidiarity; reconnecting the EU domestic with the global agenda; and learning to respond to longer term structural shifts.
Credit Suisse in firing line after Archegos losses
ZURICH/NEW YORK (Reuters) – Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.
