Stories for July 10th 2017

Monday, July 10th 2017 - 18:38 UTC
Interest in Falklands strong at London's Experience Latin America travel event

Falkland Islands Holidays (FIH) Jenny Luxton and Margaret Williams attended Experience Latin America last month; an exclusive by-invitation to the only travel trade event in London. The gathering brings together key suppliers from the Latin America region, with influential buyers from within the UK and Europe.
Monday, July 10th 2017 - 17:45 UTC
Don't hold your breath for deeper OPEC cuts

The rally in oil prices over the past two weeks came to a halt on news that OPEC is actually exporting more oil than previously thought. A month ago, oil prices appeared to be higher than they should have been, with weak demand, elevated inventories, and a recognition that the nine-month OPEC extension would be inadequate to balance the market.
Monday, July 10th 2017 - 15:13 UTC
G20 admits “Trump factor”: climate policy disagreement and blow to multilateral cooperation

Leaders from the world's leading economies broke with U.S. President Donald Trump on climate policy at a G20 summit on Saturday, in a rare public admission of disagreement and blow to multilateral cooperation.
Monday, July 10th 2017 - 15:01 UTC
EU main negotiator warns of “negative consequences” if no Brexit deal is reached

It will not be possible for Britain to enjoy all the benefits of the single market or frictionless trade with its former EU partners after Brexit, the European Commission’s chief negotiator has warned. Michel Barnier told an EU committee in Brussels that there will be “negative” consequences to Brexit, which result from the UK’s decision to vote Leave in last year’s referendum and not from any attempt by the EU to “punish” the UK.
Monday, July 10th 2017 - 09:35 UTC
Hamburg battle continued Sunday: 476 officers injured; financial support for cars torched and stores looted

Anti-globalization activists rioted for a third consecutive night in Hamburg early Sunday even after Group of 20 leaders had already left the port city in northern Germany. Police again used water cannon trucks against rioters attacking them with iron rods and pavement stones.
Monday, July 10th 2017 - 09:22 UTC
Future Lib-Dem leader beginning to think Brexit may never happen

Sir Vince Cable the likely next Lib Dem leader has said he is beginning to think Brexit may never happen, since “enormous” divisions in the Labour and the Tory parties and a “deteriorating” economy would make people think again.
Monday, July 10th 2017 - 09:03 UTC
Juncker supports UK position in Gibraltar Brexit exit discussions with Spain

The European Commission has made clear that Gibraltar is part of the Brexit withdrawal negotiations and that Spain’s additional veto only applies in respect of the UK’s future arrangements with the EU.
Monday, July 10th 2017 - 06:54 UTC
Brazilian political system admits “hollowed out” president Temer could soon be removed

Congressional support for Brazilian President Michel Temer is weakening, lawmakers said, days before the lower house is expected to vote on whether he should stand trial on a corruption charge. Temer, whose conservative government’s approval rating is languishing in single digits, is clinging to power after being charged with arranging to take millions of dollars in bribes, the first sitting Brazilian president to face such criminal proceedings.
Monday, July 10th 2017 - 06:46 UTC
London scare: Camden Market huge blaze under control

Firefighters in London have brought a huge blaze at the city's Camden Market under control. The London Fire Brigade said on Twitter the “fire is now under control but crews will be damping down into the morning”.
Monday, July 10th 2017 - 06:27 UTC
Brexit: German business says priority is 27 EU market; Trump pledges UK/US trade accord

German business leaders have cast doubt on ministers’ claims that the country’s manufacturers will help secure a Brexit trade deal, instead warning Theresa May it will be “extraordinarily difficult” to protect UK industry.