Politics

• Tuesday, July 3rd 2018 - 08:49 UTC

  Japan wants to change voting rules at IWC to hunt for more whale species

  

  Australia and other anti-whaling nations are seeking a showdown with Japan as Tokyo attempts to resume commercial whaling later this year. Japanese officials have reportedly confirmed the country's attempt to alter voting rules and allow hunting of whale species with “healthy” numbers at an International Whaling Commission (IWC) meeting in Brazil in September.

• Tuesday, July 3rd 2018 - 08:27 UTC

  EU/US auto industry dispute intensifies and prepares for worst case scenario

  

  European Union on Monday slammed the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some US$ 300 billion in U.S. goods amid signs of a brewing trade war.

• Tuesday, July 3rd 2018 - 08:16 UTC

  Unite, Labor's biggest single donor does not discard a referendum on the Brexit deal

  

  The leader of Britain's biggest trade union says he will fight for another EU referendum if his members want one. Unite's Len McCluskey, a close ally of Jeremy Corbyn, said policy would be decided by a vote at the union's conference on Tuesday.

• Tuesday, July 3rd 2018 - 07:51 UTC

  British Chamber of Commerce says firms running out of patience with Brexit talks

  

  Firms are running out of patience over the lack of progress in the Brexit talks, a major business organization has warned Theresa May. The British Chambers of Commerce has published a list of 23 “real-world” questions that it says urgently need answers as the UK's EU exit approaches.

• Tuesday, July 3rd 2018 - 07:33 UTC

  Argentina hikes bank reserves; Peso gains 1.9% vs the dollar and settles at 28.3

  

  Argentina's central bank said on Monday that it hiked bank reserve requirements by 3 percentage points, following a hike of three percentage points on June 18 as monetary policymakers seek to calm inflation and end a run on the peso currency. The Peso gained 1.9% on Monday against the dollar.

• Tuesday, July 3rd 2018 - 07:26 UTC

  Argentina plans to free fuel prices starting in August

  

  Argentina will allow fuel retailers to freely set pump prices starting in August, according to an Energy Ministry official familiar with the plan, a move that could encourage badly needed investment in the nation's oil patch but risks worsening sky-high inflation and angering consumers.

• Tuesday, July 3rd 2018 - 07:13 UTC

  Mexican peso weakens and stock market sheds 2% after Lopez Obrador sweeping Sunday victory

  

  Mexico's stock market sank on Monday and the peso slid after presidential candidate Andres Manuel Lopez Obrador handily won election while his allies picked up a significant number of congressional seats. Mexico's benchmark stock index shed more than 2%, its steepest one-day drop in nearly five months, after Lopez Obrador on Sunday won with the widest margin in a presidential election since the 1980s

• Monday, July 2nd 2018 - 20:47 UTC

  Tension for the Brexit: Theresa May will meet with Angela Merkel and leaders of the EU

  

  The British Prime Minister, Theresa May, will visit Berlin and the Netherlands in the coming days to meet with the German Chancellor Angela Merkel and Dutch authorities before assembling her government to finally decide what commercial relationship her country wants with the European Union (EU) in the future, commented her spokesman on Monday.

• Monday, July 2nd 2018 - 08:41 UTC

  Merkel's coalition on the cliff over differences on migration policy with her Bavarian allies

  

  The resolution to Germany's government crisis proved elusive on Sunday after the head of the Bavaria-only Christian Social Union in Angela Merkel's conservative bloc offered his resignation rather than back down from his stance against the chancellor's migration policies.

• Monday, July 2nd 2018 - 08:31 UTC

  Leading world car makers urge US not to impose tariffs on auto imports

  

  BMW and Hyundai Motor urged the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.”