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Brussels ready to detain more than 100 million euros The EU justice commissioner has warned of paying unpaid fines imposed by the EU’s top court from Poland.

Didier Reynders told the FT that the commission would write to Warsaw asking for 69 million euros in cumulative daily fines, which accrued from early November until the beginning of the week.

He said that if Poland did not comply within 60 days, the European Commission would withhold fines from EU payments due to the country and charge interest.

Poland is embroiled in a protracted dispute with Brussels over moves by the country’s conservative nationalist ruling party to gain power over its judiciary, including through a disciplinary chamber that can punish judges.

In October last year, Warsaw was ordered to pay a fine of 1 million euros a day for failing to comply with the European Court of Justice’s request to suspend certain aspects of the judicial disciplinary system.

Thank you to those who participated in our vote yesterday. 78% said UK Prime Minister Boris Johnson should resign for attending events to break the lockdown in 2020.Here’s the rest of today’s news – Jennifer

Five more stories in the news

1. Google buys London building for $1 billion The Silicon Valley giant says it will buy office building Near Tottenham Court Road, although it has also built a huge headquarters in nearby King’s Cross, it’s a huge bet on its staff returning to work.

2. Negative-yielding debt falls to $10 trillion Gradual easing of pandemic monetary policy pushes global levels higher Negative-yielding debt falls to $10 trillion It was the first time since April 2020 as investors braced for central bank rate hikes and an end to large-scale asset purchases. In turn, bond yields have jumped to their highest levels since pre-crisis.

3. Kremlin: US-NATO security talks ‘unsuccessful’ Russia says Geneva-Brussels talks failed to address its security issues, raising doubts that a Western diplomatic push will defuse Moscow’s threat of military action against Ukraine.This is the conclusion reached by Western governments and negotiators scared but expected.

4. MI5 warns of ‘political interference’ by Chinese agents MI5 warns UK MPs that a Chinese agent is “engaging in political interference activities” for the Chinese Communist Party in parliament, including Donate over £420,000 to a Labour Party member.

5. Prince Andrew loses royal title Buckingham Palace announces Duke of York will be Stop using the title “His Royal Highness” His role as royal patron has been replaced by a number of organisations as controversy continues over his relationship with late sex offender Jeffrey Epstein.

coronavirus digest

• UK Health Secretary Sajid Javid Confirm Covid-19 Self-isolation period will be shortened Working hours in England have been cut from seven to five days after businesses and the health sector put pressure on staff absenteeism.

• UK recruiters benefit from Profits skyrocket Wages have been pushed up as companies compete for talented workers.

• Victoria has Enforce ticket sales restrictions exist Australian Open As the number of infections rises.tennis star Novak Djokovic fate remains in balance after australian prime minister defer decision on whether to expel him.

• This United States Supreme Court have Blocked Joe Biden’s mandate Directed major companies to impose “vaccine or test” orders on employees, although it maintained rules requiring healthcare workers to get Covid-19 vaccines.

• The Financial Times view: Managers in a Pandemic Time worthy of our sympathy.

• most serious injury Anti-vaxxers to their families, Simon Cooper wrote. How will the grief of the loss of an unvaccinated loved one affect the millions who have lost a loved one—and their relationship to the rest of us?

For more information on how the global economy is rebounding from the pandemic, subscribe to our Road to Restoration Communications.

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future days

Bank of America Earnings investor high hopes JPMorgan, Citigroup and Wells Fargo reported fourth-quarter results.Asset management firm BlackRock also Report its latest financial results.

Ashes Test Cricket In Australia, the fifth and finals The game against England starts in Hobart. The home team led 3-0 and the two sides drew.

Economic data Germany announces full-year gross domestic product data, while the UK will provide November’s GDP update as well as industrial production, trade and productivity data.In the US, December retail sales The impact of supply shortages and rising inflation is likely to be reflected after a modest gain in November. France releases consumer price index data, while the European Union releases monthly international trade data. (Financial Times, Wall Street Journal)

Covid restrictions France to pave the way for British tourists start to return Most restrictions on vaccinated travelers were lifted today.On Sunday, protesters will march Against the Dutch coronavirus response in Amsterdam.

Serbian Constitutional Referendum Balkan countries will vote Whether to strengthen judicial independence on Sunday. (FP)

What are we still reading and listening to

Bain & Co, Tax and Jacob Zuma The fiscal bastion of a young democracy, South Africa’s tax service is reputed to be one of the most efficient tax collection agencies on the continent.But a judicial report this month criticized management consultant Bain & Co as an enabler of corruption, revealing muddy relationship between politics and business.

Wall Street Problems in Washington The outcry over investments by public officials, both within Congress and across the U.S., has raised questions about unfair market opportunities and prompted lawmakers to introduce bills that would ban active investing. Who among the strong should be allowed to trade?

Don’t laugh at the doomsayers in Davos Every winter, the World Economic Forum polls its members about perceived risks. This year’s survey of Davos audiences is shockingly pessimistic. The details that terrified the Davos elite were astounding, Gillian Tate wrote.

Power struggle in Kazakhstan After initial speculation that Nursultan Nazarbayev’s grip on power would collapse as a result of the protests, the real implications for Kazakhstan’s post-Soviet leaders and their allies are now less clear.The struggle that will set the direction of the country is within the regime.

Bridging the workplace generation gap Often in the office, there can be a dissonance between the “wisdom and experience” of Gen Xers and Baby Boomers and the “innovative energy” of those in their twenties and thirties.but what is Benefits and Pitfalls Working with someone older (or younger) than you? Isabel Berwick explores on the Working It podcast.

books

From the unpretentious wisdom of cheerleading coaches to how to deal with a ‘jerk’ at work, here’s this month’s Top Business Reads.