Pound Sterling exchange rates are strong despite the damage done by the coronavirus lockdown. Pound-to-Dollar rate posts 33-month high above 1,3760 in the middle of the renewed US losses Overall, Pound Sterling sentiment has held firm with the change in Bank of England expectations and robust global risk appetite offsetting the near-term weakness. The Pound-to-Euro exchange … [Read more...] about British Pound has a Bit of Change Compared to Euro, but Still Advances on Struggling US Dollar
German Government Continues to Deport Ethiopian Asylum Seekers Despite Pandemic and Tigray Crisis
German authorities had deported asylum seekers back to Ethiopia in 2020, despite the challenges posed by the coronavirus pandemic and the conflict in Tigray. The opposition politicians and the human rights groups all condemned the inhumane move. In December 2020, asylum seekers were forced on a flight back to Ethiopia by German police officers to escort them. According to … [Read more...] about German Government Continues to Deport Ethiopian Asylum Seekers Despite Pandemic and Tigray Crisis
UK Pound vs. US Dollar: Pound Sterling Recovers as Bank of England Looked Through Negative Rates
The Pound Sterling exchange rates decreased in the middle of a negative tone into February 4's Bank of England policy decision. On the other hand, foreign exchange markets were wrong-footed, and the Pound Sterling recovered fast as the bank looked through the near-term weakness to focus on the expectations for robust recovery this year. The ruling out of the near-term move … [Read more...] about UK Pound vs. US Dollar: Pound Sterling Recovers as Bank of England Looked Through Negative Rates
COVID-19 Lockdown in Germany Hits Asylum Seekers Hard
A center for asylum seekers and immigrants in Cologne, Germany, is now under total lockdown after more than a third of its residents tested positive for coronavirus. There are now renewed concerns that asylum seekers in Germany's communal reception facilities remain at high risk from COVID-19. Police in Cologne, Germany, immediately sealed off the center in the inner Cologne … [Read more...] about COVID-19 Lockdown in Germany Hits Asylum Seekers Hard
Former Danish Immigration Minister, Inger Stojberg, to be Impeached
The Danish parliament has voted to start an impeachment trial against the former immigration minister Inger Stojberg. Stojberg would go on trial over her policy of separating asylum-seeking couples if one of them was under 18, which is considered a minor. From June 2015 to 2019, Inger Stojberg served as the migration minister in the Danish government. Her policies towards … [Read more...] about Former Danish Immigration Minister, Inger Stojberg, to be Impeached