Image copyright HoC The UK is "significantly closer" to delivering on the result of the Brexit vote, Theresa May has told MPs.She told the Commons it would give the UK control of borders, laws and money - and also protect business and jobs. The PM is now in a crucial cabinet meeting where she is…
THE OIL PRICE was supposed to be soaring around now. With American sanctions against Iran taking effect earlier this month, exports from Iran, the world’s fourth-largest producer of crude oil last year, were expected to shrink to close to zero. In anticipation the oil price went above $86 in early October, a four-year-high, and some…
SYDNEY (Reuters) - Australia will offer Pacific countries up to A$3 billion ($2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday, as Canberra seeks to counter China’s rising influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that…
SINGAPORE (Reuters) - Singapore Prime Minister Lee Hsien Loong called on Monday for greater integration between Southeast Asian countries at a time when multilateralism is under threat. Singapore's Prime Minister Lee Hsien Loong speaks at the ASEAN Business and Investment Summit in Singapore, November 12, 2018. REUTERS/Athit Perawongmetha His remarks came at a business summit…
Enlarge / A Falcon 9 rocket launches in September 2018. The first satellite launched into orbit, Sputnik, launched from a spaceport in Baikonur, Kazakhstan. The Central Asian country was then a Soviet republic. Later, the first human to fly into space, Yuri Gagarin, also launched from Kazakhstan. Today, despite its independence, this spaceport remains the…
Image copyright AFP Image caption President Trump began reinstating sanctions on Iran in May The Trump administration is to reinstate all US sanctions on Iran removed under the 2015 nuclear deal.The White House said it was "the toughest sanctions regime ever imposed on Iran" and targeted Iran's energy, shipping and banking sectors. However, eight countries…
WASHINGTON (Reuters) - The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic. FILE PHOTO: A general view of an oil dock is seen from a ship at the port…
WASHINGTON — Diplomatic pressure from the United States and Britain, Saudi Arabia’s biggest arms suppliers, abruptly intensified on Wednesday for a cease-fire in the Yemen war, the world’s worst man-made humanitarian disaster. The calls for a halt to the three-and-a-half-year-old conflict — made by Secretary of State Mike Pompeo, his British counterpart, Jeremy Hunt, and…
Image copyright Reuters Image caption The sanctions relate to China's purchase of 10 Russian Sukhoi Su-35 fighter jets China has told the US to withdraw sanctions on its military over purchases of Russian jets and missiles or "bear the consequences".The US says China has contravened US sanctions on Moscow introduced over Russian actions in Ukraine…
President Donald Trump teased a prospective trade deal with China on Friday, but many analysts are skeptical the trade war is going to end anytime soon. Trump told reporters before leaving the White House that the US is "close to doing something" with China to ease the ongoing trade war between the two countries. "I…
