LONDON Britain’s financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market. Regulatory and banking experts working for the City of London and lobby group TheCityUK are basing their ideas on a ‘mutual recognition’ system. Under this, the European Union and Britain would broadly […]
By Ali Sawafta and Suleiman Al-Khalidi | DEAD SEA, Jordan/AMMAN DEAD SEA, Jordan/AMMAN Arab leaders reaffirmed on Wednesday their commitment to a two-state solution to the decades-long Arab-Israeli conflict amid increased unease over the stance of the United States under the new administration of President Donald Trump. Trump rattled Arab and European leaders in February by indicating he was open to a one-state solution, upending a position […]
Beenie Man, the self-proclaimed “King of Dancehall”, is the star attraction at Abu Dhabi’s second CaribFest, a 12-hour celebration of Caribbean culture that will take over Yas Beach tomorrow. Known for international hits including Who Am I (Sim Simma) and Feel It Boy, featuring Janet Jackson, the 43-year-old – real name Anthony Moses Davis – is one of Jamaica’s highest-profile performers. Touring in support of his latest […]
By Michel Rose and Sudip Kar-Gupta | PARIS PARIS Former French Prime Minister Manuel Valls said on Wednesday he would vote for Emmanuel Macron in the presidential election, the biggest Socialist Party name to date to turn his back on its official candidate and support the centrist instead. While it was not clear if the defection would benefit poll favourite Macron, who politely thanked Valls, it prompted […]
Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]
The House of Representatives voted 215-205 to overturn the Federal Communications Commission rule, following last week’s 50-48 vote in the Senate US lawmakers voted Tuesday to roll back rules that would block internet service providers from selling user data to third parties, following a heated debate over privacy protections. The House of Representatives voted 215-205 to overturn the Federal Communications Commission rule, following last week’s 50-48 vote […]
By Guy Faulconbridge and Elizabeth Piper | LONDON LONDON Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk in a letter that the UK really is quitting […]
This originally ran in our weekly newsletter Local Edition. You can join the conversation here. A few months ago, my son, Max, got me thinking about adaptation. “Everything is different!” the 9-year-old blustered from the back seat after his Kindle finished updating. “I can’t find anything now!” “That stinks,” I told him. But it’s also good practice, I said, for a skill that younger people figure out […]
AMMAN: The 2017 Arab Summit started today in Jordan with the participation of an unprecedented number of Arab leaders, whose agenda was topped by the issues of Palestine, terrorism and Arab coordination.Since early Tuesday, leaders of Arab states started arriving in the Jordanian capital Amman for a gathering that comes amid serious challenges and crises facing the region.UN Secretary-General Antonio Guterres also arrived in Amman on Tuesday […]
TOKYO Toshiba Corp’s (6502.T) troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan’s government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis. Yoshihide Suga, the government’s chief spokesman, told a regular news briefing he was aware that Pittsburgh-based Westinghouse plans a bankruptcy filing. Sources with knowledge of the situation have said that the […]
WASHINGTON President Donald Trump’s call for $1.5 billion this year to help build a wall along the border with Mexico could be in jeopardy as fellow Republicans in Congress weigh delaying a decision on the request. Republican Senator Roy Blunt, a member of his party’s leadership, told reporters on Tuesday that money for the wall likely would not be coupled with a spending bill that must pass […]
BEIJING/TAIPEI A Taiwan man who had gone missing in China is being investigated on suspicion of harming national security, China’s government said on Wednesday, in a case that has caused alarm on the self-ruled and democratic island Beijing claims as its own. Lee Ming-che, a community college worker known for supporting human rights in China, disappeared earlier this month after entering China’s Zhuhai city via the Chinese […]
WASHINGTON U.S. President Donald Trump told a group of senators on Tuesday that he expected lawmakers would be able to reach a deal on healthcare, without offering specifics on how they would do it or what had changed since a healthcare reform bill was pulled last week for insufficient support. “I have no doubt that that’s going to happen very quickly,” Trump said at a bipartisan reception […]
SYDNEY Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about U.S. President Donald Trump’s failed healthcare bill and focused on an improving outlook for global growth. The cheerful mood did not extend to the pound which was on the skids as the British government sent a letter to Brussels formally starting the country’s exit from the European Union. […]
Authored by Lauren McCauley via TheAntiMedia.org, Privacy advocates on Monday are urging Americans to call their elected officials, warning that there are only 24 hours left to “save online privacy rules” before the U.S. House of Representatives votes on a measure that would allow major telecom companies to collect user data and auction it off to the “highest bidder.” Wasting no time, the House is expected to […]
HAVANA Cuban President Raul Castro participated in an “intimate and simple family ceremony” on Tuesday interring the ashes of his sister Agustina del Carmen Castro Ruz, according to state television. Agustina was the youngest of the seven Castro siblings, including Raul and Fidel, who together have run the island nation for nearly 60 years. Agustina, who kept a low public profile, died on Sunday in Havana at […]
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business lobbies, representing 20m companies in 34 countries, issued a statement calling for a post-Brexit settlement which would preserve the integrity of the single market, deliver […]
By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]
WASHINGTON — The F.B.I. on Tuesday arrested two Iraqi refugees living in Northern Virginia after they failed to disclose that one of their brothers had been involved in the 2004 kidnapping of an American contractor in Iraq. The refugees, Yousif Al Mashhandani, 35, of Vienna, Va., and Adil Hasan, 38, of Burke, Va., admitted to the F.B.I. that they did not tell the authorities about their brother […]
After the biggest downturn in a generation, there are reasons to think the worst of the commodities slump might be over. The Financial Times’s Commodities Global Summit began on Tuesday in Lausanne, Switzerland. Here are the main talking points from the first day. There was no shortage of talk on Opec, which in November agreed its first reduction in supply in almost a decade. Executives from some of the world’s […]
By Josh Smith and James Mackenzie | KABUL KABUL Afghanistan plans to double the number of elite special forces from 17,000 troops, officials said, part of a long-term strategy to bolster units stretched and exhausted by persistent attacks from Taliban insurgents and other Islamist militants. Special forces, who represent a small fraction of the 300,000-strong armed forces, have been carrying out nearly 70 percent of the army’s […]
(Image: C-SPAN broadcast) Rules preventing internet providers from selling personal information, such as customer browsing histories, will be repealed, following a vote in the US House of Representatives this afternoon. The Republican-led House voted 215-203 in favor of repealing the rules, implemented just a few months ago under the previous Obama administration. It follows a similar vote in the Senate last week, which also speedily passed the […]
By Ju-min Park and Christine Kim | SEOUL SEOUL If ousted South Korean president Park Geun-hye is arrested this week, she will be sent to a solitary cell where she will be expected to rise at 6:30 a.m. and go to bed by 9 p.m. The only privilege she could have over other inmates will be slightly more space and a toilet and shower in an adjoining […]
WASHINGTON The U.S. Senate voted overwhelmingly on Tuesday to approve the expansion of NATO to allow Montenegro to join the alliance. As voting continued, the vote was 86 to 2 in favour of Montenegro’s accession to the North Atlantic Treaty Organisation. The vote sends the issue to the White House for President Donald Trump’s signature. (Reporting by Patricia Zengerle; Editing by James Dalgleish) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var […]
