Just yesterday, Rolls-Royce stock was at $0.0203. However, today after great news from US President Joe Biden, the stock is gaining momentum: it is currently at $0.0307, which results in a tremendous 51% boost. In the press conference with German chancellor Angela Merkel yesterday, he said the US is looking at when it can lift travel restrictions for Europe, and that more information would be revealed within the next several days.
Biden also added that they brought in the head of their COVID team because the chancellor raised the topic. He said it’s in the process now. And he’ll be able to answer that question to the public within the next several days, what is likely to happen. He is waiting to hear from the COVID team as to when that should be done.
Fully vaccinated American citizens are already permitted to travel overseas if they show proof of a negative COVID test result on return. However, everything is not going so glad for European travelers. They were restricted to enter the US since Biden took office in January. The US was recently under pressure to ease restrictions, with Europe’s largest automobile industry association, headquartered in Frankfurt, issuing a letter to the US Embassy in Berlin.
Finance and Entertainment Reporter
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