Politics

Wednesday, November 15th 2017 - 08:22 UTC
Parliament begins marathon debate on EU Withdrawal Bill...and PM's May leadership

The British parliament started hours of debate on Tuesday by arguing over when the two-year negotiating period for Brexit should end and whether there should be a fixed time at all.
Wednesday, November 15th 2017 - 08:15 UTC
Bloomberg trusts London will continue as the financial center of Europe

Billionaire Michael Bloomberg said on Tuesday that London would continue to be the financial centre of Europe for the foreseeable future and maintain its position alongside New York as one of the dominant trading capitals in the world though Brexit will reduce the city’s growth.
Tuesday, November 14th 2017 - 14:50 UTC
EU/UK business organizations press for a deal that preserves status quo post/Brexit

European and UK business leaders have told Prime Minister Theresa May of their Brexit concerns. At a meeting in Downing Street on Monday, representatives from groups including the CBI and BusinessEurope pressed for a transitional deal that preserves the status quo after Brexit.
Tuesday, November 14th 2017 - 10:50 UTC
Venezuela wants bondholders to press the US government to lift sanctions and allow debt restructuring

Venezuela hosted a brief meeting of creditors on Monday as the struggling yet oil-rich country sought to stave off a default seen as inevitable by experts, while the EU stepped up the pressure with new sanctions on Caracas.
Tuesday, November 14th 2017 - 10:39 UTC
Temer anticipates cabinet reshuffle following a division in one of the ruling coalition's main parties

Brazil’s President Michel Temer will start a cabinet reshuffle that should be completed in mid-December, his press office said on Monday without providing a reason for the change. he announcement came after the resignation on Monday of Bruno Araujo, head of the Ministry of the Cities, one of four ministries held by the centrist PSDB party in Temer’s government.
Tuesday, November 14th 2017 - 09:44 UTC
Sterling slides on concerns about UK leadership and rebel Tory MPs

Sterling fell against the dollar and euro on Monday as investors worried about Theresa May's ability to stay on as British prime minister and get what they consider to be a good exit deal from the European Union.
Tuesday, November 14th 2017 - 09:16 UTC
PM May yields and announces Brexit deal will only hold if is approved by MPs and peers

The Brexit deal covering “withdrawal” issues will only hold if it is approved by MPs and peers in a new piece of legislation to put it into British law, David Davis has said. The Brexit Secretary announced a Withdrawal Agreement and Implementation Bill, which MPs will be able to amend, to cover areas such as citizens’ rights, the so-called divorce bill and a transition period.
Tuesday, November 14th 2017 - 09:02 UTC
Powerful friends boycott UN Security Council meeting on Venezuela; EU approves arms embargo

Russia, China, Egypt and Bolivia boycotted an informal public United Nations Security Council meeting on Venezuela on Monday organized by the United States, saying the 15-member body should not be involved in the situation.
Tuesday, November 14th 2017 - 00:01 UTC
Japan’s Demographic Lessons for Europe

By Daniel Gros (*) - Demography is not destiny, at least not entirely. Over centuries, policy can affect fertility decisions, and migration can transform a country, as the experience of the United States shows. Over shorter time horizons, however, demographic trends must be taken as given, and can have a profound impact on growth.
Monday, November 13th 2017 - 09:30 UTC
Prince Charles leads Remembrance Sunday ceremony while the Queen looks on

Queen Elizabeth watched on for the first time in her 65-year reign as Prince Charles led Remembrance Sunday commemorations at the Cenotaph in Whitehall. Last month it was announced by Buckingham Palace that Queen Elizabeth asked the Prince of Wales, the heir to the throne, to take on the symbolic duty for the country to honor the country’s war dead.