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BREXIT: UK PM sparks outrage with parliament suspension

London, United Kingdom | AFP | Prime Minister Boris Johnson on Wednesday announced the suspension of parliament in the final weeks before Britain’s EU departure date, enraging anti-Brexit MPs. The pound slid on the surprise news, which opponents branded a “coup” and a “declaration of war”, although US President Donald …

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UK’s Johnson urged to embrace no-deal Brexit

London, United Kingdom | AFP | Brexit Party leader Nigel Farage urged Prime Minister Boris Johnson Tuesday to lead Britain out of the EU without a divorce deal, and threatened otherwise to fight his Conservative party “in every seat”. “Given where we are, no deal is the best deal,” Farage told …

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UK opposition seek ways to stop no-deal Brexit

London, United Kingdom | AFP | Labour leader Jeremy Corbyn will on Tuesday attempt to bridge deep divisions with other opposition parties on how to avoid Britain crashing out of the EU on October 31. Corbyn said he would “do everything necessary” to stop a no-deal Brexit, following leaked official warnings …

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Why is China’s currency falling?

Shanghai, China | AFP | China’s yuan has sunk by around four percent in August to its lowest point in more than 11 years on Monday, a decline likely to further exacerbate trade tensions with Washington. Here are five things to know about the yuan’s slide: – Why has the …

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Equities, yuan take hit as Trump dials up trade war with China

Hong Kong, China | AFP | Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars worth of imports. However, dealers pared earlier steep losses after the president said …

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Iran foreign minister Zarif makes surprise visit to G7 summit

Biarritz, France | AFP | Iranian Foreign Minister Mohammad Javad Zarif flew into Biarritz in southwestern France for the G7 summit on Sunday in a surprise attempt to break a diplomatic deadlock over Tehran’s disputed nuclear programme. Zarif’s presence had not been announced and represented a gamble by French host …

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