France Detains British Trawler Amid Fishing Rights Disputeon October 28, 2021 at 3:33 pm

French authorities have detained a British trawler for fishing in French territorial waters without a licence amid an ongoing tussle for post-Brexit fishing rights. The detention of the vessel took place the same day French authorities announced further retaliatory measures over the UK’s refusal to license more French trawlers to fish in its waters. French authorities say they’ve stepped up surveillance of fishing vessels during negotiations on licensing, with French maritime gendarmes making multiple checks during the night on fishing vessels off the northern French port of Le Havre. According to the French maritime ministry, two boats were fined on Oct. 27 after one failed to comply with police checks and the other was found to be without a proper licence. English fishing industry representatives have accused the French government of politicising the dispute over licenses and ramping up rhetoric ahead of the upcoming French presidential election. The vessel’s captain …

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‘Inflation, Inflation, Inflation’ Still Seen as Temporary, Lagarde Sayson October 28, 2021 at 3:46 pm

Thu Oct 28 , 2021
FRANKFURT—The European Central Bank still sees a recent rise in euro zone inflation to above its 2 percent target as temporary and expects price pressures to ease next year, ECB President Christine Lagarde said on Thursday. She acknowledged the decline would take longer than ECB had initially expected but said […]

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