Theresa May has asked officials to draw up revised proposals for post-Brexit customs arrangements after a key meeting with her most senior ministers. The Brexit sub committee met on Wednesday to try to agree on a new model to replace the UK's membership of the customs union.
The Dominican Republic and China announced on Tuesday they were establishing diplomatic relations as the Caribbean country became the latest nation to dump Taiwan, leaving it with just 19 diplomatic allies around the globe. Taipei said it was “deeply upset” at the decision, which it blamed on “dollar diplomacy”. The move deepens the island's international isolation while its giant neighbor flexes its economic and political might on the global stage.
Pope Francis sent an audio message for the 41st anniversary of the “Madres de Plaza de Mayo” (Mothers of Plaza de Mayo), who protested against the disappearance of their children during the Dirty War (1976-1983) of Argentina’s military dictatorship.
Internal divisions on Gibraltar within Spain’s ruling Partido Popular have been laid bare in two versions of a parliamentary motion to be debated in the Foreign Affairs Commission of the Spanish Senate on Thursday.
The European Union economy slowed in the first quarter of the year, official Eurostat figures have showed. Economic growth in the Euro zone slowed to 0.4% for the period from January to March 2018, compared with 0.7% in the previous quarter. Growth in the 19-country single currency bloc reached 2.5% year-on-year.
On World Press Freedom Day, United Nations Secretary General, Antonio Guterres made a brief statement saying ”a free press is essential for peace, justice and human rights for all. It is crucial to building transparent and democratic societies and keeping those in power accountable. It is vital for sustainable development.
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, confirmed that inflation is near its 2% target, and strangely enough did not mention a word about the looming international trade confrontation. The central bank after a two-day meeting said inflation over the next 12 months should “run near” the 2% target, updating its language from March that indicated inflation would “move up” towards that level.
Senior Brexiteer MPs have delivered an “ultimatum” demanding Prime Minister Theresa May drops one of the government's preferred post-Brexit customs options. A 30-page document passed to the BBC says a “customs partnership” would make meaningful trade deals “impossible” and render the International Trade Department “obsolete”.
The British government has agreed to calls for new measures aimed at increasing transparency in offshore tax havens. Facing a possible Commons defeat, ministers said they would not oppose an amendment to force British overseas territories to publish details of the true owners of companies based there.
A new UK-U.S. Antarctic research program to improve the prediction of future sea-level rise was launched on Monday at British Antarctic Survey (BAS), Cambridge. The £20 million 5-year research collaboration, funded jointly by the UK Natural Environment Research Council (NERC) and the U.S. National Science Foundation (NSF), brings together over 100 polar scientists from leading UK and U.S. research organizations.