Bloomberg As President Donald Trump threatens to tear up the Iran nuclear deal and tensions flare across the Mideast, his hawkish new national security adviser is preparing to start work. John Bolton, a veteran of Republican administrations who’s called for military action to stop Iran from getting a nuclear bomb, takes over the key White House position on Monday, just ...
Read More »Blog Layout
Britons back vote between May’s Brexit deal, staying in EU
Bloomberg A majority of Britons support holding a vote on the final Brexit deal secured by Prime Minister Theresa May, according to a YouGov poll conducted for the pro-remain group Best for Britain. Those saying the public should have the final say on whether to accept the Brexit deal or remain in the European Union exceeded opponents by 8 percentage ...
Read More »Nigeria’s Buhari seeks re-election
ABUJA / Reuters Nigeria’s President Muhammadu Buhari confirmed on Monday he will seek another term in elections next year, ending months of speculation about his future after bouts of ill health. The 75-year-old said he would seek his party’s presidential ticket to contest elections in February 2019 during a closed door meeting of the national executive committee of his All ...
Read More »US confirms Kim’s denuclearisation talks
Bloomberg The US has confirmed that Kim Jong Un is willing to talk to President Donald Trump about getting rid of his nuclear weapons, as South Korea claimed when it passed along the North Korean leader’s offer for a historic meeting, according to an administration official. Whether or not Kim had genuinely offered to discuss dismantling his nuclear programme was ...
Read More »Turnbull loses 30th consecutive poll in blow to government
Bloomberg Malcolm Turnbull’s government lost a 30th straight opinion poll on Monday — an uncomfortable milestone for Australia’s prime minister, who used the same measure as a justification for deposing his predecessor. The Liberal-National coalition has now trailed the main opposition Labor party in the closely watched Newspoll since shortly after scraping back into office in the July 2016 election. ...
Read More »Can US count on winning a trade war with China!
Trade war! Those dread words are on everyone’s lips (and electronic equivalents) as President Donald Trump and China’s President Xi Jinping throw out a series of rapidly escalating tariff threats: President Donald Trump fired a shot at China’s plans to dominate strategic technologies, proposing tariffs on 1,300 goods from semiconductors to flamethrowers. China hit back hard today, targeting politically sensitive ...
Read More »How power firms can save an aging Japan
Two years ago, Japan passed a milestone rare in world history except in times of war, famine or natural disaster: Its population began to shrink. And not only is it shrinking, but its average age is also rising. This trend is creating societal challenges, not least the phenomenon of elderly people passing away unknown, even unnoticed. This may not sound ...
Read More »Handle Panasonic with care after Tesla electric shock
Hitching a ride on Tesla Inc. these days seems precarious at best, especially for its sole battery supplier Panasonic Corp. Shares of the Japanese company plunged as much as 9 percent after a spate of Tesla bad-news stories over the past few weeks. First, the US electric-car maker reported yet another fatal crash, then a shortfall in production targets for ...
Read More »Anti-China tilt in Australia is after all shortsighted
From all the hysteria Down Under, you might think Australia is at risk of invasion — by Chinese cash. China’s economy certainly is increasingly influential, but the regulatory backlash from Canberra has all the makings of a self-inflicted wound. Australia has announced limitations on foreign purchases of power utilities and land. In case anyone missed the message, the man who ...
Read More »Trump’s South Korea trade victory will end in defeat
Donald Trump said he got a ‘great deal’ in renegotiating America’s bilateral trade agreement with South Korea. This is the first trade pact Trump has successfully revised, and it reflects the intellectual core of his America First approach to trade: The US can use its great economic and geopolitical leverage to drive harder bargains with weaker powers. That approach appears ...
Read More »