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UK Brexit red-line plans seen incompatible with EU market

Eu summit after british referendum to leave bloc

  Bloomberg The red lines Britain has signalled it will adopt in Brexit talks are “fully incompatible” with its aspiration to keep membership in the single market, and there won’t be any negotiations until the U.K. triggers the process, Slovenia’s prime minister said. Miro Cerar, premier of the former Yugoslav Republic of 2.1 million people, echoed other EU leaders, saying ...

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Scotland faces independence dilemma as Brexit looms

  Edinburgh / AFP Scotland’s ruling nationalists gather for their annual conference on Thursday with the issue of independence back on the table following Britain’s vote to leave the European Union. First Minister Nicola Sturgeon, the leader of the Scottish National Party (SNP), has vowed to explore “all options” to protect Scotland’s place in the EU after Scots bucked the ...

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America’s N-power generation hits a 10-year seasonal low

  Bloomberg The amount of electricity generated by U.S. nuclear reactors hit its lowest seasonal level in a decade as malfunctions and closures tied to Hurricane Matthew combined with routine maintenance to drag down production. The nation’s nuclear output fell on Tuesday to 81,600 megawatts, or about 79 percent of capacity, according to U.S. government data. That’s the lowest level ...

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Spanish bonds dip as focus turns to political, fiscal risks

  Bloomberg Spanish bonds dropped, pushing the 10-year yield to the highest in more than three weeks, amid speculation that caretaker Prime Minister Mariano Rajoy could face a confidence vote this month. Spain’s securities led declines among euro-region sovereign debt. The country has been through two inconclusive elections since December and has repeatedly missed European Union targets to cut its ...

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Activists ask German court to block EU-Canada trade deal

Protest against trade treaties in berlin

  Karlsruhe / AFP Germany’s top court on Wednesday heard complaints from some 200,000 citizens and campaigners who want to stop a planned EU-Canada free trade agreement set to be signed later this month. They are asking the Constitutional Court to prevent the government from endorsing the so-called CETA accord at a gathering of EU ministers next week, arguing that ...

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Trump is the symptom of world’s coarsening climate

Us vote republicans trump

  Watching Donald Trump skulking behind Hillary Clinton on the debate stage Sunday night, muttering about locking her up if he wins, was a reminder that we are drifting toward a kind of bullyboy-world, where power is everything. You see this coarsening climate of relations around the globe, in the debasement of the norms that make civilized life possible. Dictators ...

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Why biologists don’t put too much stock in race

  Race is perhaps the worst idea ever to come out of science. Scientists were responsible for officially dividing human beings into Europeans, Africans, Asians and Native Americans and promoting these groups as sub-species or separate species altogether. That happened back in the 18th century, but the division lends the feel of scientific legitimacy to the prejudice that haunts the ...

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Britain doesn’t need a new kind of conservatism

  You’d think managing Britain’s exit from the European Union would be enough to keep Theresa May busy. But it seems the U.K.’s prime minister wants to design a whole new kind of conservatism as well — one that works not just for Britain’s frequent-flyer elite but also, as she puts it, for “the whole nation.” Whether her ideas are ...

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Collaboration key to fight financial cyber assaults

  In 2014, JP Morgan — the biggest US bank by assets — was targeted by cyber criminals. Even though no cash could be siphoned off, the attack left names, addresses and crucial information of its 76 million customers exposed. Alarmed over the incident, the bank is now pumping $600 million into cybersecurity. Similarly, Deutsche Bank has announced that it ...

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