Politics

Thursday, January 24th 2019 - 08:59 UTC
EU fishermen compensations if UK blocks access to fishing waters in a “no deal Brexit”

European Union fishermen will be eligible for compensation if the UK blocks access to its fishing waters in the event of a ‘no deal’ Brexit, the European Commission confirmed on Wednesday. The EU executive tabled an amendment to its rules on the European Maritime and Fisheries Fund, which provides financial support to coastal communities and fishermen, enabling them to be compensated if the UK prevents them from fishing its waters.
Thursday, January 24th 2019 - 08:53 UTC
Santander bank slashing a fifth of its UK network and some 1,270 jobs

Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on “changes in how customers are choosing to carry out their banking”. It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.
Thursday, January 24th 2019 - 08:50 UTC
Barclays' senior ex bankers on trail charged with conspiracy to commit fraud

Senior Barclays bankers paid Qatar £322m in secret fees during the financial crisis in return for bailout funds, a court heard on Wednesday. The case against four former executives has been filed by the UK's Serious Fraud Office over Barclays' £11.8bn rescue.
Thursday, January 24th 2019 - 07:26 UTC
Luxembourg reaping London's financial services triggered by Brexit

Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.
Thursday, January 24th 2019 - 06:04 UTC
Who is Juan Guaido?, proclaimed by the opposition as Venezuelan acting president

Juan Guaido has declared himself president of Venezuela — a move quickly endorsed by several Latin American countries, as well as Canada and the United States. Just two months ago, many people around the world, and even inside Venezuela, may not have known Guaido's name.
Thursday, January 24th 2019 - 06:00 UTC
May/Sturgeon meeting confirm the divide between the two leaders over Brexit

First Minister Nicola Sturgeon and Prime Minister Theresa May have met for talks in London after clashing over a second Scottish independence vote. The Downing Street summit was part of what Mrs. May called an “enhanced role” for the Scottish government in Brexit.
Wednesday, January 23rd 2019 - 18:03 UTC
Trump would recognize Guaidó as president of Venezuela; Protests increase

US President Donald Trump would be ready to recognize the opposition leader and president of the National Assembly (AN) of Venezuela, Juan Guaidó, as the legitimate president of Venezuela after his probable inauguration on Wednesday, according to CNN sources.
Wednesday, January 23rd 2019 - 09:07 UTC
Superstar Cristiano Ronaldo agrees to pay ‎€19 million for tax fraud in Spain

Football superstar Cristiano Ronaldo has paid a fine of almost ‎€19 million for tax fraud in Spain on Tuesday but will avoid a 23-month prison sentence as part of the deal.
Wednesday, January 23rd 2019 - 09:05 UTC
China's hounded Huawei warns it could shift to countries “where it is welcomed”

The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying.
Wednesday, January 23rd 2019 - 08:56 UTC
Mexican fuel pipeline explosion death toll climbs to 91, and could increase

The death toll from a fuel pipeline explosion in central Mexico last week rose to 91 as Pemex defended its response to one of the deadliest incidents to hit the state-run oil company in years.