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Showing posts with label Closure. Show all posts
Showing posts with label Closure. Show all posts

11/21/21

Germany: COVID causes cancellation of popular Christmas market in Germany

One of Germany's most popular Christmas markets has fallen victim to the country's worsening COVID situation.

The one at Nuremberg in Bavaria was scrapped on Friday.

Bavarian Prime Minister Markus Söder, making the announcement, said: "The situation is very, very serious and complicated."

Read more at: COVID causes cancellation of popular Christmas market in Germany | Euronews

5/8/20

EU - Coronavirus latest: EU wants bloc′s borders sealed until June 15 | News | DW | 08.05.2020

The European Commission has recommended keeping the EU's external borders closed to non-EU citizens in an effort to prevent a second wave of the novel coronavirus. Follow DW for the latest.

Read more at :
https://www.dw.com/en/coronavirus-latest-eu-wants-blocs-borders-sealed-until-june-15/a-53366770

3/20/20

Spain orders all hotels to close in attempt to stave off coronavirus spread

Spain has ordered all hotels in its territory to close to help stem the spread of coronavirus, under a new measure announced in the state official bulletin on Thursday.

Read more at:
https://www.france24.com/en/20200319-spain-coronavirus-lockdown-hotel-closure-

2/27/20

USA - Corona Virus; Suburban Seattle High School Closes Over Virus Fear

The superintendent of a school district north of Seattle has closed the high school "out of an abundance of caution" over coronavirus. The Seattle Times reports that Bothell High School closed Thursday, despite advice from public-health officials, after an employee...

Read more at:
https://www.newsmax.com/us/seattle-bothell-high-school-corinavirus/2020/02/27/id/956046/?ns_mail_uid=b3d03d9e-503a-4409-856a-afd0320ea4a5&ns_mail_job=DM93799_02272020&s=acs&dkt_nbr=010502eglgvq

8/31/17

US-Russia Relations:Russia Reacts to Closure San Francisco consulate: “We warned earlier that every action will elicit a response"

The United States on Thursday ordered the closure of a Russian consulate, describing it as a response to “unwarranted” actions taken by Moscow.

The order will see Russia's San Francisco consulate shuttered and embassy operations scaled back in Washington D.C. and New York by Sept. 2.

"The United States has fully implemented the decision by the government of the Russian Federation to reduce the size of our mission in Russia," the U.S. Department of State announcement says. "We believe this action was unwarranted and detrimental to the overall relation between our countries."
 
Read more: Russia Reacts to the Closure of Its San Francisco Consulate “We warned earlier that every action will elicit a response."

6/2/16

Turkey - Banking Industry: PayPal is shutting down in Turkey

Beginning June 6, PayPal will cease operations in Turkey because of the firm’s inability to get a new license from BDDK, a major Turkish financial regulator, according to TechCrunch.

PayPal couldn’t obtain the license because of a new Turkish policy that requires IT systems to be housed within the country — a policy that PayPal, which has data centers across the globe, does not follow, according to Tech Crunch.

The shutdown will reportedly impact “tens of thousands” of businesses and “hundreds of thousands” of customers, who will be able to withdraw funds from their PayPal account and transfer them to a Turkish bank account. PayPal hopes to eventually obtain permits to begin operating again, according to Finextra.

It’s worth noting that Turkey recently launched its own card payment system, called Troy, that will be used by all 29 major banks in the country as part of a push to move to a cashless society, encourage issuers to serve the unbanked market, and make processing cheaper.

The absence of major alternative payment products like PayPal that don't meet regulatory criteria could encourage citizens in the country to seek out more traditional ways of making payments.

If other countries tighten regulations related to IT requirements, global expansion and cross-border processing could become more challenging and costly for digital payment firms.

Read more: PayPal is shutting down in Turkey - Business Insider