• Visitors take pictures as singers and musicians perform at Rome's landmark Colosseum as it reopens amid an easing of coronavirus restrictions. AFP
    Visitors take pictures as singers and musicians perform at Rome's landmark Colosseum as it reopens amid an easing of coronavirus restrictions. AFP
  • Visitors walk through the Sistine Chapel at the Vatican. AP Photo
    Visitors walk through the Sistine Chapel at the Vatican. AP Photo
  • Restaurants prepare to reopen in Turin. EPA
    Restaurants prepare to reopen in Turin. EPA
  • A man sips coffee in front of the Colosseum after its reopening in Rome. AP Photo
    A man sips coffee in front of the Colosseum after its reopening in Rome. AP Photo
  • Museums employee walk down an aisle of the Vatican Museums as they prepare to open. AP Photo
    Museums employee walk down an aisle of the Vatican Museums as they prepare to open. AP Photo
  • People enjoy the late afternoon as restaurants are opened in Milan. EPA
    People enjoy the late afternoon as restaurants are opened in Milan. EPA
  • People sit at a cafe after the coronavirus disease restrictions were eased in Rome. Reuters
    People sit at a cafe after the coronavirus disease restrictions were eased in Rome. Reuters
  • Departing passengers walk at the International Airport 'Leonardo Da Vinci' in Fiumicino, near Rome. EPA
    Departing passengers walk at the International Airport 'Leonardo Da Vinci' in Fiumicino, near Rome. EPA
  • Elderly people wearing face masks play cards in a small park in Milan. EPA
    Elderly people wearing face masks play cards in a small park in Milan. EPA
  • People walk around Turin. EPA
    People walk around Turin. EPA

France could follow Italy and block Covid vaccine exports


Jamie Prentis
  • English
  • Arabic

France said it could follow Italy in blocking shipments of Covid-19 vaccines abroad, its health minister said, as EU countries look to accelerate inoculation campaigns under fire for being too slow.

Italy, backed by the European Commission, stopped the export to Australia of about 250,000 doses of AstraZeneca's vaccine after the new Italian Prime Minister Mario Draghi called for stronger measures against manufacturers that failed to meet delivery commitments.

The Italian foreign minister said the move was motivated by a lack of vaccines in Europe and Italy, and supply delays from AstraZeneca. It also said Australia was regarded as a “non-vulnerable” country.

But German health minister Jens Spahn said his country had no reason to stop locally made vaccines being exported yet, although he said supply contracts must be met.

Under rules brought in by the European Commission in January, vaccine exports can be curbed if drug makers do not meet delivery targets, after AstraZeneca told the EU it could not meet commitments made under an advance purchase agreement.

About half of the 80 million doses the EU ordered from the company for the first quarter will be delivered.

"Australia has raised the issue with the European Commission through multiple channels, and in particular we have asked the European Commission to review this decision," its health minister Greg Hunt said.

But Australian Prime Minister Scott Morrison said on Friday he could understand the decision, with his country reporting fewer than 1,000 deaths from the virus.

"In Italy, people are dying at the rate of 300 a day. And so I can certainly understand the high level of anxiety that would exist in Italy and in many countries across Europe.

“They are in an unbridled crisis situation. That is not the situation in Australia,” Mr Morrison said on Friday. “But, nevertheless, we have been able to secure our supplies, and additional supplies for importation, both with Pfizer and AstraZeneca, which means we can continue the roll-out of our programme.”

Australia began its vaccination programme last week and is expected to begin local production next month.

EU leaders are under intense pressure over the slowness of the bloc's vaccination campaign, in which about 8 per cent of the population received a dose, compared with more than 30 per cent in the UK.

While the UK approved AstraZeneca’s vaccine in late December, many EU countries were much more cautious amid claims it was not as effective – especially in older people.

But recent studies show that the vaccine does provide strong protection in the elderly and prompted a reversal of that policy in countries such as Belgium, Denmark, France, Germany, Greece and Sweden.

  • Caretakers check the temperature of students at the entrance of the Italo Calvino school in Turin. From January 7 primary school and secondary school students are returning to school with 50% capacity. AFP
    Caretakers check the temperature of students at the entrance of the Italo Calvino school in Turin. From January 7 primary school and secondary school students are returning to school with 50% capacity. AFP
  • A child gestures after she and other middle school children returned to the classroom at the Cesare Piva school in Rome. Reuters
    A child gestures after she and other middle school children returned to the classroom at the Cesare Piva school in Rome. Reuters
  • Students enter in the Italo Calvino school in Turin. AFP
    Students enter in the Italo Calvino school in Turin. AFP
  • Middle school children listen to the teacher after returning to the classroom at the Cesare Piva school in Rome. Reuters
    Middle school children listen to the teacher after returning to the classroom at the Cesare Piva school in Rome. Reuters
  • A student paints graffiti on pictures of Minister of Education Lucia Azzolina and Italian Prime Minister Giuseppe Conte pasted on a wall at the entrance of a school in Turin. AFP
    A student paints graffiti on pictures of Minister of Education Lucia Azzolina and Italian Prime Minister Giuseppe Conte pasted on a wall at the entrance of a school in Turin. AFP
  • Students hold a banner reading 'School left without money and without security, we protest to take back our future!' at the entrance of a school in Turin. AFP
    Students hold a banner reading 'School left without money and without security, we protest to take back our future!' at the entrance of a school in Turin. AFP
  • Middle school students return to class after the Christmas holidays at Tommaseo School in Turin. EPA
    Middle school students return to class after the Christmas holidays at Tommaseo School in Turin. EPA
  • Middle school students make their way to Tommaseo School in Turin, Italy. EPA
    Middle school students make their way to Tommaseo School in Turin, Italy. EPA
  • Students gather outside Tommaseo School in Turin. EPA
    Students gather outside Tommaseo School in Turin. EPA
  • Temperature checks are carried out at Tommaseo School in Turin. EPA
    Temperature checks are carried out at Tommaseo School in Turin. EPA

Some British MPs condemned Italy’s decision and said it could damage the EU’s global standing.

"Frankly, it amounts to disgraceful behaviour. It comes at the end of a period where it took them a long time to approve the vaccine, then some of their leaders questioned the value of the vaccine, and it looks likely they wasted the vaccine as a result of that because of an uptake shortfall," David Davis, a former UK Brexit Secretary, told The Telegraph.

“And now this. I'm afraid the EU is putting at risk the goodwill of the rest of the world. It is disgraceful behaviour and sad, really, because they are our friends and allies.”

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TEST SQUADS

Bangladesh: Mushfiqur Rahim (captain), Tamim Iqbal, Soumya Sarkar, Imrul Kayes, Liton Das, Shakib Al Hasan, Mominul Haque, Nasir Hossain, Sabbir Rahman, Mehedi Hasan, Shafiul Islam, Taijul Islam, Mustafizur Rahman and Taskin Ahmed.

Australia: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Pat Cummins, Peter Handscomb, Matthew Wade, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Glenn Maxwell, Matt Renshaw, Mitchell Swepson and Jackson Bird.

'Laal Kaptaan'

Director: Navdeep Singh

Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain

Rating: 2/5

Muguruza's singles career in stats

WTA titles 3

Prize money US$11,128,219 (Dh40,873,133.82)

Wins / losses 293 / 149

Itcan profile

Founders: Mansour Althani and Abdullah Althani

Based: Business Bay, with offices in Saudi Arabia, Egypt and India

Sector: Technology, digital marketing and e-commerce

Size: 70 employees 

Revenue: On track to make Dh100 million in revenue this year since its 2015 launch

Funding: Self-funded to date

 

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

More from Armen Sarkissian
What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. 
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com

THE SPECS

Engine: 3-litre V6

Transmission: eight-speed automatic

Power: 424hp

Torque: 580 Nm

Price: From Dh399,000

On sale: Now

What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

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