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Brexit Hardliner Rees-Mogg Quits His Investment Firm for Cabinet

(Bloomberg) — Jacob Rees-Mogg, an influential Brexit backer in the U.K. Parliament, left the investment firm he co-founded in 2007 to assume a role in Prime Minister Boris Johnson’s cabinet.He stepped down from Somerset Capital Management in accordanc…

July 25, 2019Comments Off on Brexit Hardliner Rees-Mogg Quits His Investment Firm for CabinetRead More

Tunisian President Beji Caid Essebsi Dies; Was Country’s 1st Freely Elected Leader

Essebsi rose to power in 2014 after the Arab Spring protests. But his political career spanned 70 years.

July 25, 2019Comments Off on Tunisian President Beji Caid Essebsi Dies; Was Country’s 1st Freely Elected LeaderRead More

US blocks UN vote to condemn Israeli demolition of Palestinian homes

The United States blocked an attempt to get the United Nations Security Council to condemn Israel’s demolition of Palestinian homes on the outskirts of Jerusalem, diplomats said.Citing 17 Palestinians who would be displaced by the destruction, UN offic…

July 25, 2019Comments Off on US blocks UN vote to condemn Israeli demolition of Palestinian homesRead More

‘The Rot Starts From The Top’: Russians Protest Over Problems Big And Small

As President Vladimir Putin approaches his 20th year in power, anger over bread-and-butter issues is sparking demonstrations across the country.

July 25, 2019Comments Off on ‘The Rot Starts From The Top’: Russians Protest Over Problems Big And SmallRead More

For an early win on global trade, Boris Johnson should look no further than Donald Trump

It’s official – the Johnson administration says it is committed to securing a global, outward-looking Brexit. But of course, saying something is not the same as delivering it. There are reasons to be optimistic. On the steps outside Downing Street, in …

July 25, 2019Comments Off on For an early win on global trade, Boris Johnson should look no further than Donald TrumpRead More

Brazil Court Orders Petrobras to Fuel Stranded Iranian Ships

(Bloomberg) — A Brazilian top court justice ordered Petroleo Brasileiro SA to refuel two Iranian ships stranded off the country’s cost after the state-controlled oil company refused to do so for fear of U.S. sanctions.Petrobras, as the Rio de Janeiro-…

July 25, 2019Comments Off on Brazil Court Orders Petrobras to Fuel Stranded Iranian ShipsRead More

Germany Not in Crisis Nor Mulling Stimulus, Finance Chief Says

(Bloomberg) — German Finance Minister Olaf Scholz brushed off warning signals for Europe’s largest economy, saying the government has no concrete plans to spur economic growth.The German Social Democrat, who is Chancellor Angela Merkel’s deputy in cab…

July 25, 2019Comments Off on Germany Not in Crisis Nor Mulling Stimulus, Finance Chief SaysRead More

Female bomber in Mogadishu mayor’s office targeted UN envoy

A rare female suicide bomber used in the deadly al-Shabab attack in the office of Mogadishu’s mayor was aiming for the American who is the new U.N. envoy to Somalia and had left the office just minutes earlier, the extremist group and officials said. …

July 25, 2019Comments Off on Female bomber in Mogadishu mayor’s office targeted UN envoyRead More

UPDATE 1-Royal navy will protect UK-flagged vessels through the Strait of Hormuz

The British government said on Thursday its navy will accompany British-flagged vessels through the Strait of Hormuz to defend freedom of navigation, after previously saying it did not have the military resources to do so. Tensions have spiked between…

July 25, 2019Comments Off on UPDATE 1-Royal navy will protect UK-flagged vessels through the Strait of HormuzRead More

The Latest: Juncker: EU won’t reopen talks on Brexit deal

EU Commission chief Jean-Claude Juncker has told Britain’s new Prime Minister Boris Johnson that the bloc’s member nations will not give in to his demand to renegotiate the Brexit withdrawal treaty. Juncker and Johnson had their first phone conversati…

July 25, 2019Comments Off on The Latest: Juncker: EU won’t reopen talks on Brexit dealRead More

Trump vetoes attempt to block $8bn arms sales to Saudi Arabia and UAE

Trump vetoes attempt to block $8bn arms sales to Saudi Arabia and UAEDonald Trump has vetoed three congressional resolutions to block the billion-dollar sales of weapons to key allies Saudi Arabia and the United Arab Emirates.In a strong rebuke to Mr Trump, both chambers of Congress had voted to prevent the arms deals earlier this month, shortly after the leader had taken the extraordinary step of bypassing Congress to approve them in May.Members had cited concerns about the human rights record of Saudi Arabia, after the murder of Saudi journalist Jamal Khashoggi within the country’s consulate in Istanbul last year.They also expressed fears the weapons may be used against civilians in Yemen, where the US’s Gulf partners are spearheading a five-year bombing campaign against the Iran-backed Houthi rebels.On Wednesday Mr Trump once again moved to force through the deals by vetoing the resolutions.He said the resolutions “would weaken America’s global competitiveness and damage the important relationships we share with our allies and partner.”House Speaker Nancy Pelosi called the president’s move “shameful”.”The president’s shameful veto tramples over the will of the bipartisan, bicameral Congress and perpetuates his administration’s involvement in the horrific conflict in Yemen, which is a stain on the conscience of the world,” she said in a statement.Eliot Engel, chairman of the House Foreign Affairs Committee said it was a “slap in the face” to Congress and accused the Trump administration of using threats from Iran as a “convenient excuse” to push through the sale.”The president’s veto sends a grim message that America’s foreign policy is no longer rooted in our core values – namely a respect for human rights – and that he views Congress not as a coequal branch of government, but an irritant to be avoided or ignored,” he added. It did not appear that the lawmakers opposed to the sale had enough votes to override Trump’s veto.The White House argues that stopping the $8.1 billion arms sales would send a signal that the United States does not stand by its allies, at a time when threats against them are increasing.Tensions have reached breaking point between Tehran and Washington, after the US pulled out of the 2015 nuclear deal and piled more sanctions on the country.Secretary of State Mike Pompeo had said the sales were the administration responding to an emergency caused by Iran, both the US’s and Saudi Arabia’s arch foe. The arms package are set to include thousands of precision-guided munitions, other bombs and ammunition and aircraft maintenance support.The initial May decision to bypass congressional review sparked fury among lawmakers and saw Democrats and Republicans band together in a rare joint move against the administration.It marked one of the few times the Republican-led Senate has opposed Mr Trump’s foreign policy.News agencies contributed to this report

July 25, 2019Comments Off on Trump vetoes attempt to block $8bn arms sales to Saudi Arabia and UAERead More

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