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Added on the 11/02/2020 13:00:00 - Copyright : EFE Inglés
The European Central Bank (ECB) announces its first interest rate cut since 2019, reducing borrowing costs from record highs, but giving few clues about its next move while warning of continuing inflation pressures. "The governing council today decided to lower the three key ECB interest rates by 25 basis points," says Christine Lagarde, ECB President. SOUNDBITE
South Africa's electoral commission chief Sy Mamabolo says it is "difficult to call" the election turnout until vote count is completed, adding that it will likely be "well beyond" the 66 percent of the 2019 vote. SOUNDBITE
Turnout in the South African general election is expected to exceed the previous poll in 2019 poll when 66 percent of registered voters took part, electoral commission chief Sy Mamabolo says. As he spoke in Midrand, thousands were still queueing outside polling stations after nightfall, just over an hour away from planned closure. SOUNDBITE
Climate activists stage a demonstration warning of "polluted" profits outside Unilever's HQ in London on eve of the company's annual earnings announcement. IMAGES
Greenpeace activists dressed as Shell board members hold a mock profits party behind a burning sign reading "Your Future" outside the company's headquarters as it released its annual results. Shell announced a post-tax profit of $19.4 billion for 2023, a slump from $42.3 billion in 2022 when prices soared to a record on the Ukraine conflict. IMAGES
During a speech delivered to the press in London's Downing Street briefing room, British Prime Minister Rishi Sunak announces that the UK will soften policies aimed at achieving net zero carbon emissions by 2050 and instead pursue a "pragmatic" approach to the hitting the target. "We can adopt a more pragmatic, proportionate and realistic approach to meeting net zero that eases the burdens on working people", he states. IMAGES