London, United Kingdom | AFP | Computer meltdowns. Unexplained holes in accounting. Personnel management scandals. For smaller banks that want to compete with historic giants of global fame, UK finance has proven to be a minefield. When visiting their local branch or going online, Britons have struggled to break their habit …
Read More »EU states adopt ‘panda bonds’ in Chinese outreach.
Paris, France | AFP | EU members Hungary, Poland, Portugal and soon Austria are strengthening ties with China by issuing attractive “panda bonds” that help Beijing raise its profile on international financial markets. Italy might join the trend as well, despite EU concerns that China may be seeking a way to …
Read More »Huawei turns to Africa to offset US blacklist
Paris, France | AFP | As the US leads a drive for the West to shun Huawei over security fears, the Chinese tech giant has sought to strengthen its position in Africa, where it is already well-established. Huawei has taken a leading role in developing next-generation 5G mobile phone networks around the …
Read More »US, Mexico hammer out last-minute deal to curb migration, avoid tarif.
Washington, United States | AFP | The United States and Mexico reached an 11th-hour deal late Friday to crack down on migration from Central America, with President Donald Trump relenting on threats to slap potentially devastating tariffs on the neighboring country. With Trump ready to impose five percent tariffs on …
Read More »Queen honours ‘The Crown’ actress Olivia Colman.
London, United Kingdom | AFP | Oscar-winning actress Olivia Colman, who will play Queen Elizabeth II in “The Crown”, was honoured by the monarch on Saturday for her services to British drama. Colman, 45, was awarded the CBE by the sovereign to mark her 93rd birthday, which is officially celebrated …
Read More »US gives Turkey to July 31 to backtrack on Russian missile deal.
Washington, United States | AFP | The United States on Friday gave Turkey until the end of July to abandon its purchase of a major Russian missile defense system, which Washington considers incompatible with Ankara’s participation in the F-35 fighter jet program. If by July 31 Turkey does not …
Read More »Crucial to life, oceans get chance in climate spotlight.
Paris, France, | AFP | Armed with better data than ever before, scientists have in recent months sounded the alarm over the rising pace of global warming and the parlous state of Nature. But there is another area of concern, one that covers two thirds of the planet and plays a …
Read More »Ozil marries in Istanbul, with Erdogan as best man.
Istanbul, Turkey | AFP | Former German international football Mesut Ozil was married in Istanbul on Friday with Turkish President Recep Tayyip Erdogan as his best man. The 30-year-old Ozil, who has Turkish family roots, sparked controversy last year when he was photographed with Erdogan, raising questions about the footballer’s loyalty …
Read More »Facebook to cut off Huawei to comply with US sanctions
San Francisco, United States | AFP | Facebook said Friday it would cut off Huawei from its popular social networking apps to comply with US sanctions, further isolating the Chinese tech giant considered a national security threat by Washington. The social media giant said it took the step after President Donald …
Read More »NASA to open International space station to tourists from 2020
New York, United States | AFP | NASA said Friday it will open up the International Space Station to business ventures including space tourism as it seeks to financially disengage from the orbiting research lab. Price tag? Tens of millions of dollars for a round trip ticket and $35,000 a night. …
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