U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets. The announcement on Thursday extends Trump’s trade tariffs to nearly all of the Chinese goods ... Read More »
UK less able to cope with hard Brexit than it was in spring, say officials
Exclusive: Analysis includes stark assessments of potential problems including panic-buying and civil disorder The UK is currently less able to cope with a hard Brexit than it was in the spring, with the real risk of panic-buying in the run-up to Christmas and civil disorder if the country leaves the ... Read More »
U.S. puts sanctions on Iranian foreign minister Zarif, who says they won’t affect him
The United States on Wednesday imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, targeting the country’s top spokesman and potentially hurting chances of diplomatic talks amid rising tensions between the two countries. Zarif, a critical figure in the 2015 Iran nuclear deal, dismissed the action and said it would ... Read More »
Hong Kong protests: China military breaks silence to warn unrest should not be tolerated
Chinese military garrison chief in Hong Kong says army is determined to protect China’s sovereignty, stoking fears of intervention The head of the Chinese army in Hong Kong has spoken on the protests for the first time, saying the unrest has “seriously threatened the life and safety” of the people ... Read More »
Death toll in Brazil prison massacre rises to 57 with over a dozen decapitated
At least 57 inmates died during a bloody clash between prison gangs in the Brazilian Amazon on Monday morning. Para’s state government said in a statement that the riot began around 7 a.m. local time (1000 GMT) at a prison in the northern city of Altamira, and involved rival gangs. ... Read More »
Pakistani military plane crashes near garrison city, kills 17
A statement of the Pakistani military announced on Tuesday that a military aircraft had crashed early in the morning in a built-up area in the garrison city of Rawalpindi killing all five crew members and 12 civilians and setting off a blaze that left a pile of smoking rubble. The ... Read More »
Second warship arrives in Strait of Hormuz to protect British tankers
HMS Duncan will accompany tankers along strategic waterway as tensions with Iran soar A second warship has arrived in the Strait of Hormuz to protect British ships in the strategic waterway, as the foreign secretary urged Iran to “come out of the dark” and release a British-flagged tanker it detained ... Read More »
EU warns incoming British PM Johnson it won’t change Brexit terms
Brussels rallies amid elevation of Brexiteer Boris Johnson to UK’s highest office, says it will stick to Brexit deal. The European Union’s elect for the bloc’s top job has warned incoming British Prime Minister Boris Johnson of “challenging times ahead” over his plan to renegotiate Brexit. Ursula von der Leyen, ... Read More »
Iran says meeting with parties to nuclear deal ‘constructive’
An emergency meeting with parties to Iran’s 2015 nuclear deal was constructive but there are unresolved issues and Tehran will continue to reduce its nuclear commitments if Europeans fail to salvage the pact, Iranian official Abbas Araqchi said on Sunday. “The atmosphere was constructive. Discussions were good. I cannot say ... Read More »
Christine Lagarde : the New President of the ECB
The European Central Bank announced on Thursday it had “no objection” to the nomination of Christine Lagarde as its new president, noting that Lagarde has the experience and competence required for the job. “The Governing Council has no objection to the proposed candidate, Christine Lagarde, who is a person ... Read More »