June, 2019

• 18 June

  Trump says ship attacks minor as US adds troops to Mideast

  

  Bloomberg The Pentagon plans to send about 1,000 more troops to the Middle East as tensions rise between the US and Iran, though President Donald Trump called two recent tanker attacks blamed on the Islamic Republic “very minor.” “I have authorised approximately 1,000 additional troops for defensive purposes to address air, naval, and ground-based threats in the Middle East,” Acting ...

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• 18 June

  Saudi intercepts drone laden with explosives

  

  Bloomberg Saudi Arabia intercepted and destroyed a drone laden with explosives over the city of Abha, state-run Saudi Press Agency (SPA) reported. Another was intercepted and destroyed over Yemeni skies on its way to the kingdom, according to SPA, which cited Saudi-led coalition spokesman Turki al-Maliki. Houthi rebels in Yemen have repeatedly attacked Saudi Arabia’s Abha international airport in recent ...

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• 18 June

  27,000 killed in Nigeria attacks since 2009: UN

  Bloomberg More than 27,000 people have been killed in attacks in northeastern Nigeria since 2009, the United Nations said. “The humanitarian crisis in northeast Nigeria is one of the most severe in the world and is first and foremost a protection crisis,” Edward Kallon, the UN humanitarian coordinator in Nigeria, said in emailed statement. “Women, men and children face grave ...

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• 18 June

  Duterte stands by China over sea row

  

  Bloomberg Philippine President Rodrigo Duterte is standing by China over a collision involving the two nations’ boats in the South China Sea, with his spokesman casting doubts on local fishermen’s accounts of the incident. In his first public statement about what he described as a “maritime incident,” Duterte said China’s side should be heard on the collision that resulted in ...

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• 18 June

  ‘Lying politicians lead UK to no-deal Brexit’

  

  Bloomberg The UK’s former ambassador to the European Union blasted the “denial, delusion-mongering and deception” in British politics, which he predicts is leading the country to a damaging no-deal Brexit. Ivan Rogers, who served as Theresa May’s envoy in Brussels until 2017, attacked the political elite “which has great difficulties discerning and telling the truth.” All the candidates in the ...

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• 18 June

  Underdog gives Tory big beasts a fright in UK leader race

  

  Bloomberg Rory Stewart, the rank outsider in the contest to become Britain’s next leader, is suddenly winning support and giving his bigger-name rivals a reason to worry. Officials working for three better-known contenders privately said they believed Stewart could deliver a major upset in the Conservative Party leadership votes this week. His rivals have now begun taking him seriously as ...

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• 18 June

  Stocks, bonds rally as ECB’s Draghi fuels stimulus hopes

  

  Bloomberg Stocks rallied with bonds on Tuesday as comments from ECB officials added fuel to investors’ hopes for easier monetary policies from the world’s biggest central banks. Futures on the S&P 500, Nasdaq 100 and Dow Jones indexes advanced along with the Stoxx Europe 600, while Japan’s Topix bucked the trend as most Asian gauges rose earlier. The euro turned ...

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• 18 June

  MoneyGram soars with Ripple tie-up

  

  Bloomberg MoneyGram International Inc soared as much as 155 percent in early trading after a tie-up with blockchain-technology company Ripple. The rally is reminiscent of late 2017, when a wave of small-cap stocks saw valuations multiply as they re-branded as blockchain companies. The difference is that MoneyGram is an established company with about 2,400 staff and $1.4 billion in annual ...

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• 18 June

  Trump to swap Obama’s ‘clean power plan’ for modest upgrades

  

  Bloomberg The Trump administration is on track to obliterate former President Barack Obama’s signature plan for combating climate change by replacing sweeping curbs on power plant emissions with requirements for modest upgrades at the sites. The Environmental Protection Agency is set to unveil its rewrite of the Clean Power Plan as soon as Wednesday, finalising a replacement rule that would ...

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• 18 June

  Investor confidence in German economic outlook sinks in June

  

  Bloomberg Investor confidence in Germany’s economic outlook worsened dramatically in June after the Bundesbank predicted the economy will shrink this quarter. An index measuring prospects for the next six months fell to -21.1 in June, a far worse reading than economists expected. The decline indicates increased pessim-ism after solid first-quarter growth, and comes as the ECB debates if it needs ...

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