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By Katharine Houreld | NAIROBI NAIROBI Pirates have hijacked an oil tanker with eight Sri Lankan crew on board, Somali authorities said on Tuesday, the first time a commercial ship has been seized in the region since 2012. Security forces have been sent to free the Aris 13, a regional police official said late on Tuesday. Graphic on track of suspected hijacked tanker: http:// fingfx.thomsonreuters.com/gfx/ce/3/868/868/ARIS13.png Graph showing […]

Turkey’s president escalated his diplomatic row with the Netherlands on Tuesday, claiming the country had a “rotten character” and blamed Dutch troops for the worst massacre in Europe since the second world war. The remarks by Recep Tayyip Erdogan come less than 24 hours before Dutch voters go to the polls in a national election that has been coloured by a heated debate about the role of […]

Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]

MOGADISHU // Pirates have hijacked an oil tanker off the coast of Somalia, officials and a piracy expert said on Tuesday. It is the first hijacking of a large commercial vessel there since 2012. The Aris 13 on Monday reported being approached by two skiffs, said John Steed from the organisation Oceans Beyond Piracy. Mr Steed said eight crew members were aboard the ship, which had been […]

The pound took a tumble on Tuesday after politicians paved the way for Article 50 to be triggered this month, leading analysts to warn that Brexit was still not priced in to the value of the UK currency. Sterling fell as much as 0.9 per cent in Tuesday morning trading to just above $1.21, its weakest level since Theresa May, prime minister, promised a parliamentary vote on […]

Authored by Patrick Buchanan via Buchanan.org, Not long ago, a democratizing Turkey, with the second-largest army in NATO, appeared on track to join the European Union. That’s not likely now, or perhaps ever. Last week, President Recep Tayyip Erdogan compared Angela Merkel’s Germany to Hitler’s, said the Netherlands was full of “Nazi remnants” and “fascists,” and suggested the Dutch ambassador go home. What precipitated Erdogan’s outbursts? City […]

ANKARA Turkey’s foreign ministry on Tuesday said the European Union was exercising democratic values selectively and that it should not be standing by the Netherlands, which it accused of violating human rights and European values. Ankara has suspended high-level diplomatic relations after Dutch authorities prevented its ministers from speaking at rallies of expatriate Turks, worsening a row between the NATO allies. In a joint statement on Monday, […]

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LONDON British Prime Minister Theresa May is preparing to reject Scottish First Minister Nicola Sturgeon’s demand for an independence referendum on the eve of the United Kingdom’s exit from the European Union, the Times newspaper reported. “The prime minister has said this would mean a vote while she was negotiating Brexit and I think that can be taken pretty clearly as a message that this timing is […]

Turkish president Recep Tayyip Erdogan has loomed over European politics for more than a decade, entangled in the awkward embrace of reluctant allies. This weekend he burst into the middle of a fraught electoral season. The Dutch were behaving like Nazis, the Germans too, he said, by banning his foreign minister from speaking at rallies in their countries and setting police dogs on Turks who protested the […]

Moments ago, UK Parliament passed legislation giving prime minister Theresa May approval to start the Brexit process and allowing the government to invoke Article 50, with the House of Commons overturning amendments from the unelected House of Lords that sought to limit May’s room for maneuver.  While press reports earlier said May could trigger Article 50 as early as Thursday, subsequent reports from Bloomberg suggested that she […]

By Irene Preisinger | MUNICH, Germany MUNICH, Germany German Chancellor Angela Merkel underscored the importance of free trade in a speech to business leaders in Munich, before her first trip to meet U.S. President Donald Trump in Washington for talks on a range of issues, including defense spending. Merkel had been due to meet Trump for more than two hours on Tuesday, but her trip was postponed […]

EDINBURGH Scottish First Minister Nicola Sturgeon has demanded a new independence referendum be held in late 2018 or early 2019, once the terms of Britain’s exit from the European Union have become clearer. To do so, she needs authorisation from Britain’s parliament, which is sovereign. The Brexit referendum last June called the future of the United Kingdom into question because majorities in England and Wales voted to […]

Nicola Sturgeon has called for a second Scottish independence referendum to be held by spring 2019, throwing the constitutional future of the UK into question just as it begins the process of leaving the EU. In a speech at her official residence in Edinburgh, the first minister accused Theresa May of having “not moved an inch” in response to calls for a special deal on Brexit for […]

Norway’s salmon producers are turning to radical farming techniques in the face of multiple threats to their industry. From futuristic egg-shaped enclosures that bob in the water to supertanker-like structures submerged in the ocean, the Norwegian government is trying to counter increasing challenges in the form of sea lice, fish escapes and the shortage of suitable coastline for aquaculture. One of the big problems for salmon farmers […]

Why Tavira? At the eastern end of southern Portugal’s perma-sunny Algarve region, Tavira has none of the brashness and concrete overdose that afflicts many of the resort towns in the centre. With a proud heritage dating back through Islamic Al-Andalus, the Roman era and Phoenician traders, Tavira has an authenticity that lends historical weight to its good looks. And boy does it have good looks. Built on […]

Stuart Gulliver has told the HSBC board he will quit as chief executive next year, making the search for his successor a priority for Mark Tucker, who has decided to leave Asian insurer AIA to become the bank’s chairman. The appointment of Mr Tucker was announced before the Hong Kong market opened on Monday by AIA and HSBC, which first approached the insurer’s president and chief executive last […]

March 13, 2017 by: Hudson Lockett in Hong Kong and Michael Hunter in London Monday 07:15 GMT What you need to know US West Texas Intermediate crude is at $48.33 a barrel, having fallen under $48 for the first time in more than three months. The pound is holding above $1.22 as speculation mounts that the UK government is poised to trigger Article 50 of the Lisbon […]

The anti-Dutch remarks from Turkey inflamed tensions among the Turkish community in the Netherlands, who protested in Rotterdam until the early hours of Sunday, when they were dispersed by police officers wielding batons and water cannons. The police arrested 12 people, and seven were injured, including a policeman, whose hand was broken. Continue reading the main story Though Turkish law technically bars the practice, Turkish ministers are […]

Geert Wilders is the favorite to win the elections in the Netherlands in about 3 days and may one day become their new leader — running on a blatant anti-Islam platform — pushing forth the narrative that Islam is anti-human rights, anti-democratic, and invokes violence amongst ardent followers of the faith. Over the past two days, relations between the Dutch and the fucking Turks have deteriorated because […]

PARIS France urged Turkey and several EU member states to calm tensions and said there had been no reason to prohibit a meeting on its soil on Sunday between Ankara’s foreign minister and a local Turkish association. Turkish Foreign Minister Mevlut Cavusoglu addressed a public meeting in eastern France on Sunday a day after the Netherlands barred his plane from landing in a row over Ankara’s political […]

LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe’s biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signaled they will approve the appointment, one of the sources said, paving the way for Tucker to take up the role in the autumn. […]

Recep Tayyip Erdogan, Turkey’s president, on Sunday accused the Dutch government of behaving like Nazis, capping a weekend of high drama that began when the Netherlands refused to let his foreign minister’s plane land for a rally in the Turkish referendum campaign. The dispute between the two Nato members reverberated across Europe after Denmark waded into the debate by cancelling a meeting between Lars Lokke Rasmussen, its […]

Photo Ahmed Daqamseh, in sunglasses, was welcomed home in the village of Ibdir in northern Jordan after being released from prison, where he served 20 years. Credit Numan Alquzaa/European Pressphoto Agency The fragile treaty between the two former enemies was not even three years old when a Jordanian soldier went on a shooting rampage and killed seven Israeli schoolgirls visiting a park in a border area known […]

Chinese leasing companies have taken ownership of hundreds of vessels in deals worth tens of billions of dollars in the latest sign of the industry’s rapid transformation amid a long-running financial crisis. The deals made by Chinese companies, including the leasing businesses of ICBC, China Minsheng Bank and Bank of Communications, have provided badly-needed financing for shipowners as miserable trading conditions dominate most shipping sectors. Although there […]

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