Monday

29th Nov 2021

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Coronavirus: stock markets face worst week since 2008

Global stock markets are facing their worst week since the financial crisis of 2008 when global GDP fell by 0.5 percent. Concerns over coronavirus, notably in Italy, made the European markets fell sharply on Friday, the BBC reported. The oil price also fell amid fears that the outbreak might lead a big drop in demand, while tech firms like Apple and Microsoft said their businesses will also be affected.

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Consultancies pocketing EU millions prompts MEP grilling

The European Commission spent €542.4m between 2016 and 2020 for studies written by external private contractors. The findings are part of a larger probe into how large consultancies are increasingly landing lucrative contracts, amid questions on possible conflicts of interest.

Researchers slam EU safety review of glyphosate

EU authorisation of glyphosate is set to be renewed next year. It has now received an initial positive safety review - which researchers say is based on a faulty industry-led study.

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