Blog Layout

UK seeks Brexit momentum with EU as key ministers end dispute

Bloomberg The UK is seeking to regain momentum in so-far sluggish Brexit negotiations by publishing this week the first outline of its positions as two key ministers issued a joint declaration on a the post-European Union transition period, ending their disagreement over the issue. The government plans to issue the first of three discussion papers ahead of the next round ...

Read More »

Angela Merkel drags in carmakers as ‘campaign’ enters home stretch

Bloomberg Chancellor Angela Merkel hit the campaign trail with a swipe at German auto executives for a diesel cheating scandal, sounding a pro-labour message she’ll use to counter her Social Democratic Party challenger leading up to the country’s Sept. 24 election. As polls give Merkel’s Christian Democratic Union-led bloc a wide lead over the SPD with six weeks of campaigning ...

Read More »

Fired Google employee gives his account

Bloomberg The former Google engineer, whose controversial memo has triggered a nationwide debate on gender differences and diversity efforts in technology, defended his views in an interview Wednesday with Bloomberg Television, saying company executives are smearing him in its wake. James Damore, who until Monday worked as an engineer on video and image search at Alphabet Inc.’s Mountain View, California, ...

Read More »

UK consumers get no relief from inflation

Bloomberg UK shoppers are in the “teeth” of a squeeze on their pockets and they’re going to have to ride it out for the rest of the year. That’s the view of Bank of England Governor Mark Carney, who said this month that consumers may have to wait a bit longer to see real wage growth again. Data next week ...

Read More »

Trump condemns hatred, bigotry, violence on many sides in Virginia

Bloomberg Donald Trump condemned hatred, bigotry and violence “on many sides” after clashes at a white nationalists’ rally in Charlottesville, Virginia, capped off by incidents which left three people dead, including a pedestrian and two in a helicopter crash. The president spoke after two days of violent protests in the city that’s home to the University of Virginia, triggered by ...

Read More »

Iran OKs funds for missiles, Guards after US sanctions

DUBAI / Reuters Iran’s parliament gave initial approval on Sunday to a bill to boost spending on Tehran’s missile programme and the elite Revolutionary Guards in retaliation for new sanctions imposed by the United States. Lawmakers overwhelmingly approved the outlines of the bill to “counter America’s terrorist and adventurist actions” as some chanted “Death to America”, the state broadcaster IRIB ...

Read More »

Merkel challenger slams Trump ahead of election

Bloomberg German Chancellor Angela Merkel’s chief rival, Social Democrat Martin Schulz, slammed US President Donald Trump and said he still stands a chance to win the election despite polls showing him trailing six weeks ahead of the contest. Schulz said he wouldn’t criticize Merkel’s approach to a possible nuclear conflict over North Korea, saying German political parties should stand together. ...

Read More »

US general to meet S Korea’s Moon amid strife

Bloomberg The US’s top general plans to meet with South Korean President Moon Jae-in on Monday, just days after his counterpart Trump said military options against North Korea were “locked and loaded.” General Joseph Dunford, chairman of the US Joint Chiefs of Staff, will meet with senior military officials along with Moon, according to an official with South Korea’s Blue ...

Read More »

Zuma seeks action against lawmakers who backed ouster

Bloomberg South African President Jacob Zuma indicated that ruling party lawmakers who backed an opposition attempt to oust him should face disciplinary action and said he may consider firing his higher education minister, who has criticized his leadership. More than two dozen members of the ruling African National Congress backed a motion of no confidence in the president on August ...

Read More »
Send this to a friend