January, 2020

• 20 January

  Iran warns non-proliferation treaty exit over Europe move

  

  Bloomberg Iran will withdraw from a major non-proliferation treaty (NPT) if European nations attempt to refer the Islamic Republic to the UN Security Council over its infringements of the 2015 nuclear deal, the country’s foreign minister said. The UK, France and Germany said last week they would trigger the accord’s dispute resolution mechanism, which could eventually mean the matter being ...

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• 20 January

  ‘Taliban offer to reduce violence won’t aid peace’

  

  Bloomberg The Taliban’s offer to reduce violence for several days ahead of fresh talks with the US would not bring the war-torn nation any closer to peace when the majority of the country remained excluded from the negotiations, a senior Afghan official said. “The plan for violence reduction or anything of its kind is a vague proposal” that can deceive ...

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• 20 January

  South Korea mulls North Korea visits

  

  Bloomberg South Korea is considering different ways to allow its people to travel to North Korea despite a US warning to proceed with caution in visiting a country under extensive international sanctions. The Unification Ministry said on Monday the government is looking at measures that include allowing South Koreans to go to North Korea directly through previously established land crossings ...

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• 20 January

  Malaysian PM warns of one-term government

  

  Bloomberg Malaysia’s ruling coalition may fail to hold on to power if it doesn’t stop the infighting that has eroded public support, PM Mahathir Mohamad said. His administration “could be” a one-term government unless it changes, adding he isn’t “too confident” in the next generation of leadership. He spoke at a meeting with reporters in Malaysia’s northern city of Langkawi ...

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• 20 January

  Thai party accused of Illuminati links faces break up

  

  Bloomberg Thailand’s second-biggest opposition party faces possible dissolution on Tuesday in a court case that could spur more pro-democracy protests against a military-backed government. The Constitutional Court will rule on a petition that the Future Forward party and its leaders want to overthrow the monarchy, which sits at the summit of power in Thailand. One of the claims is that ...

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• 20 January

  Bombardier back to brink after rethinking A220 deal

  

  Bloomberg Bombardier Inc’s deal with Airbus SE to rescue its long-delayed and over-budget jetliner programme was supposed to be a lifeline for the struggling manufacturer. Now the Canadian company is rethinking the joint venture, pushing the iconic train and plane maker to the brink once more. The shares posted their biggest loss ever — Bombardier is almost a penny stock ...

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• 20 January

  South Africa misses deadline to bail out its national carrier

  

  Bloomberg South African Airways (SAA) said all flights are operating normally as the government looks for ways to provide 2 billion rand ($138 million) in funding for the embattled national carrier. While there may be “flight schedule amendments” in the future, details of those changes will be announced when finalised, SAA said in an emailed statement on Monday. The airline ...

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• 20 January

  Airbus offers airlines way to guard against fare declines

  

  Bloomberg Airbus SE is developing a derivatives-based trading platform that will allow airlines to protect against declines in ticket prices — and potentially help sustain growth and jet orders. Clients of the Skytra subsidiary will trade futures and options on a series of indexes that capture fare fluctuations across the industry. The venture is the brainchild of two Airbus veterans ...

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• 20 January

  Ben & Jerry’s latest to cash in on Netflix

  

  Bloomberg A Netflix-branded product strikes again. Ice cream maker Ben & Jerry’s is the latest brand to cash in on the streaming service’s wide appeal and status as a cultural touchstone. “You’ll never want to watch Netflix without it,” Ben & Jerry’s says about the new flavour called Netflix & Chilll’d — yes, with an extra “L” — featuring peanut ...

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• 20 January

  HK airport traffic drops most in years

  Bloomberg Hong Kong International Airport’s passenger numbers fell for the first time in a decade last year, as months of anti-government protests deterred people from coming to the city. The airport handled 71.5 million passengers in 2019, a decline of 4.2% from a record 74.6 million the previous year, the Airport Authority of Hong Kong said. That meant Hong Kong ...

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