LUXEMBOURG
LUXEMBOURG
36,429
Total Cases
339
Total Deaths
via delano.lu12/03/2020
Disrupted routines, communication barriers: living with a disability in times of covid-19 - Delano.lu
In light of the international day of persons with disabilities taking place on 3 December, Delano caught up with Info-Handicap director Olivier Grüneisen and Joanne Theisen, from the communications team, to talk about how the past months have affected those living with disabilities in Luxembourg.
via ecdc.europa.eu12/02/2020
Overview of COVID-19 vaccination strategies and vaccine deployment plans in the EU/EEA and the UK - EU News
This document outlines the initial developments in EU/EEA member states and the UK regarding vaccine deployment plans and national vaccination strategies for COVID-19 vaccines, including interim considerations for priority groups, evidence to be considered for the prioritisation of target groups, logistical considerations and monitoring systems for post-marketing surveillance (e.g. vaccine coverage, safety, effectiveness and acceptance).
via finance.yahoo11/30/2020
Xuan Quynh LLC Joins PHILUX Global Funds to Participate in Luxembourg-based Infrastructure Fund for Vietnam and Laos - Yahoo Finance
New York, Nov. 29, 2020 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), announced today that Xuan Quynh Limited Liability Company, a Vietnamese infrastructure construction and development company, has signed an agreement with PHI Luxembourg Development SA, the mother holding company for PHILUX Global Funds SCA, SICAV-RAIF, to join its “PHILUX Infrastructure Fund” compartment as a new partner in the first-ever Luxembourg-based infrastructure fund initiated for investment in Vietnam and Laos. As one of the fastest growing economies in ASEAN, Vietnam is currently demanding for more foreign financial investment and technical assistance to narrow its infrastructure gap. According to the Global Infrastructure Outlook, Vietnam requires an investment of US$605 billion to meet 83 per cent of its infrastructure goals by 2040. Among the sectors that have been given utmost priorities are the urban transportation, road, rail and port infrastructure.Currently, just 20 per cent of the country’s national roads are paved, and a recently approved plan to build Vietnam's North-South high-speed railway, which allows passengers to travel between capital Hanoi and Ho Chi Minh City in about eight hours, will cost about 26 billion U.S. dollars.The rising population in major cities in recent years has strained and exceeded capacity of the existing connectivity networks and utilities systems. With 50% of Vietnam’s population expected to be living in cities, Hanoi and Ho Chi Minh are building rapid transit systems exceeding US$22 billion in the hope of reducing private vehicle ownership and improving air quality.Various expressway projects are planned and underway to improve connectivity within major cities. Similarly, development and upgrading of urban utilities infrastructure are announced and there are 44 planed PPP projects with total investment value worth up to US$ 120 billion in the road and power sectors.Besides supporting infrastructure development for industrial zones, transportation, urban areas, seaports and airports in Vietnam, Xuan Quynh LLC intends to utilize the Luxembourg infrastructure fund for a number infrastructure projects in Laos as well.Laos is one of the fastest growing economies in Southeast Asia region, with its average GDP growth rate for the last 20 years exceeding the level of 7 percent annually, one of the highest among ASEAN states. Nonetheless, inadequate infrastructure has been usually referred to as a major constraint to socio-economic development in Laos. Rapid economic growth has come with an increase in energy demand while power infrastructure in Laos is still under development. Telecommunication is another issues that needs to be addressed. But the most critical issue of Laos’ infrastructure is the road transportation system. As a completely landlocked country, road transport is the only means for improving socio-economic development through infrastructure. Unfortunately, road infrastructure in Laos is still limited, and according to the World Bank, only 56% of the rural population in Laos has access to all-season road. Thus, turning the country from a land-locked into a land-linked one is one of the most priorities of the Lao government, and this will see Laos as a connection hub among neighboring countries, bridging the more advanced economies of China, Thailand and Vietnam.PHILUX Global Funds SCA, SICAV-RAIF (www.philux.eu), is a Luxembourg-based bank fund with multiple sub-fund compartments for investment in real estate, infrastructure, renewable energy and healthcare as well as the proposed Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE) in the Chu Lai Open Economic Zone, Quang Nam Province, Vietnam. This will be the first rough diamond exchange in Southeast Asia, comparable with diamond exchanges in Antwerp (https://www.awdc.be/) and Dubai (https://www.dmcc.ae/gateway-to-trade/commodities/diamonds).Mr. Nguyen Canh Doat, Director of Xuan Quynh LLC, commented: “ We are very pleased to partner with PHILUX Infrastructure Fund to respond to the growing needs of infrastructure development in Vietnam and Laos and strongly believe that we will be able to achieve significant goals together through our cooperation.”Henry Fahman, Chairman of PHILUX Global Funds SCA, SICAV-RAIF, stated: “We are delighted to work with Xuan Quynh to implement PHILUX Infrastructure Fund for Vietnam and Laos. By capitalizing on our combined experience and networks we will be well positioned to serve the needs of infrastructure development in Vietnam and Laos as well as create significant benefits for both companies, our shareholders and all other stakeholders involved.”About PHILUX Global Funds and PHI Group, Inc.PHILUX Global Funds SCA, SICAV-RAIF is a Luxembourg-based bank fund (www.philux.eu) with multiple sub-fund compartments for investment in real estate, infrastructure, renewable energy and healthcare as well as the proposed Chu Lai Multiple Commodities Center (CMCC) and the Asia Diamond Exchange (ADE) in the Chu Lai Open Economic Zone, Quang Nam Province, Vietnam.PHI Group, Inc.(www.phiglobal.com), (PHIL), primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. In addition, the Company’s wholly-owned subsidiary, PHILUX Capital Advisors, Inc. (www.philuxcap.com) provides M&A consulting services and assists companies to go public and access international capital markets while also serving as the investment adviser to PHILUX Global Funds.About Xuan Quynh LLCEstablished in 1995, Xuan Quynh LLC is a multidisciplinary business operating mainly in the fields of construction - housing and resort real estate, road and bridge system, hydroelectricity, mining and a number of services including wholesale, retail, transport and accommodation.With 25 years of establishment and development, Xuan Quynh LLC is operated by a team of experienced and dedicated managers and well-trained, professional and motivated staff with modern and advanced construction equipment and machinery. Xuan Quynh LLC has been the prestigious partner of several large-scale, high-quality construction projects in Vietnam.Safe Harbor Act and Forward-looking StatementsThis news release contains “forward-looking statements” pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.Contact:PHI Group, Inc. +1-714-642-0571 info@phiglobal.com
via msan.gouvernement.lu11/26/2020
New COVID-19 cases - Weekly review: 16 - 22 November - Ministry of Health // The Luxembourg Government - Gouvernement.lu
The number of people testing positive for COVID-19 continues to decrease slightly, but remains at a high level, with 3,851 cases for the week of 16 to 22 November, compared to 4,013 cases for the previous week. However, the number of contacts identified has increased significantly to 15,072, due in particular to the recent substantial reinforcement of the contact tracing team.
via fox11online11/24/2020
Final FOX 11 Top 11: Lourdes finishes at No. 1 - Fox11online.com
GREEN BAY (WLUK) -- The football season is complete and what an up-and-down season it was due to COVID-19, but most persevered. After all the games were played only one team managed to have a perfect season -- Lourdes Academy -- which punctuated its first perfect season in school history with a 40-0 win over Randolph in a Level 2 playoff game. Because of that, the Knights finish their season at the top of the FOX 11 Top 11 for the first time.
via cnn11/23/2020
The latest on the coronavirus pandemic: Live updates - CNN
“The most reassuring thing I can say to you, America, is that when they tell me that I can get the vaccine, I will get it, because I know that’s the best way to protect myself and to protect my family and my community,” US Surgeon General Dr. Jerome Adams said on “Good Morning America” Monday.
via timesofindia.indiatimes11/19/2020
First bilateral summit: PM Modi discusses Covid-19, space missions and fintech with Luxembourg counterpart - Times of India
Prime Minister Narendra Modi and his Luxembourg counterpart Xavier Bettel discussed various issues including coronavirus pandemic, the joint space programmes and the possibilities in business in the first India-Luxembourg bilateral summit. Addressing the virtual summit, PM Modi said, "I extend my deepest condolences to the people who died due to Covid-19 in Luxembourg. I am happy that our space agency recently launched four Luxembourg satellites. We also welcome Luxembourg’s decision to join the International Solar Alliance."
via weforum.org12/03/2020
Global COVID-19 FinTech Market Rapid Assessment Study - World Economic Forum
The World Economic Forum’s Global COVID-19 FinTech Market Rapid Assessment Study has gathered empirical data from 1,385 FinTech firms that are currently operating in 169 jurisdictions globally with the aim of helping to understand: the impact of the global pandemic on the FinTech markets, the response of the FinTech industry to the challenges of COVID-19, the most pressing FinTech regulatory and policy issues.
via euractiv11/26/2020
'Mediterranean axis' calls for EU solidarity on migration - EURACTIV
In today's edition of the Capitals, find out more about Italy, Spain, Malta and Greece calling on all EU member states to show greater solidarity towards European countries most affected by illegal immigration, the Polish Senate opposing the government's rule of law veto, and so much more.
via eureporter.co11/25/2020
COVID-19 and natural disasters: €823 million in EU aid for eight member states - EU Reporter
On Tuesday (24 November), Parliament approved €823 million in EU aid for the Croatia earthquake, floods in Poland, and the response to the coronavirus crisis in seven EU countries. The €823 million in aid from the European Union Solidarity Fund (EUSF) will be distributed as follows: More than €132.7m to be distributed in advance payments to Germany, […]
via today.rtl.lu11/20/2020
Press conference summary: Luxembourg could expect 45000 vaccines by mid-December, minimum wage to increase by 2.8% - RTL Today
Prime Minister Xavier Bettel delivered a press conference on today's government council meeting, as well as yesterday's meeting of the European Council. "No one will be left behind in Luxembourg," he concluded, but providing no new updates on potential restrictions.
via wionews11/18/2020
Finance, Space, Fintech to be top focus at India-Luxembourg virtual summit - WION
Finance, Space, Fintech will be top focus at the India Luxembourg virtual summit that will take place on Thursday. The summit will be held between Indian Prime Minister Shri Narendra Modi and Luxembourg's Prime Minister Xavier Bettel. Both PMs have met three times previously. A release from Ministry of external affairs said, "The leaders will discuss the entire spectrum of bilateral relationship, including strengthening of India-Luxembourg cooperation in the post-COVID world. They will also exchange views on international and global issues of mutual interest."
via broadbandbreakfast11/30/2020
Olivier Ferveur: The Buzz Over 5G Shows That New Fiber Networks Also Need a Global Standard - BroadbandBreakfast.com
LUXEMBOURG, EUROPEAN UNION – On October 16, Post Luxembourg launched its commercial 5G wireless network, when the first cell sites were activated in the city of Luxembourg and other pilot zones using the 700 MegaHertz and 3.6 GigaHertz spectrum auctioned by city-state earlier this year. As a senior architect of network access at Post Luxembourg, […]
via wionews11/28/2020
Luxembourg-India tie-up to produce COVID vaccine refrigeration equipment by mid-March - WION
As a direct outcome of the India-Luxembourg virtual summit, a company from the European country is partnering with the government of the western state of Gujarat to produce portable vaccine refrigeration equipment. Luxembourg's Prime Minister Xavier Bettel had made the suggestion to Indian PM Modi during the virtual meet on 19th November. PM Modi had "enthusiastically" taken the offer and asked officials to move quickly.
via today.rtl.lu11/25/2020
Orange Week: Taina Bofferding: domestic violence is not a private matter - RTL Today
Wednesday is the International Day for the Elimination of Violence against Women. Minister of Equality Taina Bofferding has launched the “Orange Week” initiative, organised by the National Council of Women of Luxembourg and Zonta International, with the financial support of Ministry of Equality between Women and Men (MEGA).
via eureporter.co11/25/2020
Commission approves €120 million Luxembourg scheme to support uncovered fixed costs of companies affected by coronavirus outbreak - EU Reporter
The European Commission has approved a Luxembourg State aid scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework. Executive Vice President Margrethe Vestager, in charge of competition policy, said: “Many companies in Luxembourg, as in the rest of Europe, have […]
via cnn11/23/2020
(1) “When they tell me I can get a vaccine, I will get it,” US Surgeon General says - CNN
“The most reassuring thing I can say to you, America, is that when they tell me that I can get the vaccine, I will get it, because I know that’s the best way to protect myself and to protect my family and my community,” US Surgeon General Dr. Jerome Adams said on “Good Morning America” Monday.
via hindustantimes11/19/2020
EU seeks early meeting of mechanism to discuss trade agreement with India - Hindustan Times
The two sides had agreed to set up the high-level mechanism during the India-EU Summit in July. The EU’s trade commissioner raised the matter with the Indian side and discussions are underway to have a meeting of the mechanism soon, said joint secretary (Europe West) Sandeep Chakravorty of the external affairs ministry.