Friday, 22 February 2019

Tag Archives: EU

Why the UK can still be strong after Brexit

PARIS: Britain can still punch above its weight globally even after it exits the European Union, Foreign Secretary Jeremy Hunt said on Wednesday ahead of a key parliamentary vote at home. Although Britain is neither a superpower nor in possession of an empire, the country still has the military might, ...

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US ambassador to UK Johnson warns on trade deal

NEW YORK: Donald Trump’s offer of a “quick, massive, bilateral trade deal” will not be possible if Theresa May’s EU withdrawal agreement is approved, the US ambassador to the UK has warned. President Trump had previously said her Brexit proposal sounded like a “great deal for the EU”. Woody Johnson ...

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EU’s Juncker tells UK: ‘Get your act together’ on Brexit

PARIS: European Commission president Jean Claude-Juncker has told the UK to “get your act together” over Brexit. The top Brussels official claimed it is “entirely unreasonable” for Britons to believe it is up to the EU to “propose a solution”, as he denied he is trying to keep the UK ...

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VW may have to step up electric car plans to meet EU CO2 targets

Volkswagen

BERLIN/FRANKFURT/MUNICH: Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. The remarks came after the European Union agreed on Monday to cut CO2 emissions from cars ...

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Three killed in France Christmas market attack

STRASBOURG: Hundreds of security forces were Wednesday deployed in the hunt for a lone gunman who killed at least three people and wounded a dozen others at the famed Christmas market in Strasbourg, with the French government raising the security alert level and reinforcing border controls. Some 350 people, including police, ...

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Sajid Javid among contenders to replace UK PM Theresa May

LONDON: With British Prime Minister Theresa May badly weakened by her decision to delay a key Brexit vote she would have lost, potential leadership contenders for the Conservative Party are waiting to pounce. If she falls, any Conservative MP elected by the party as leader would automatically become prime minister. ...

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Germany, France ‘in fresh push for EU financial transaction tax’

BRUSSELS: Germany and France will on Monday seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU budget contributions, a German newspaper reported. Germany’s Olaf Scholz and his French counterpart Bruno Le Maire will present their ...

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PM Theresa May in landmark visit to Argentina

LONDON: Adding to her EU divorce dramas, Prime Minister Theresa May is on a landmark visit to Argentina for the G20 summit where her hosts are using Brexit to advance their claim on Britain’s Falkland Islands. May arrived late Thursday on the first visit by a British premier to the ...

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Facebook to Pay $100 Million in Italian Fiscal Accord

LONDON: Social media giant Facebook has agreed to pay more than 100 million ($114 million or roughly Rs. 800 crores) to end a fiscal fraud dispute, Italian tax authorities said. Italy has already drawn similar agreements from Amazon, Apple, and Google, joining EU neighbours seeking a bigger tax take from multinationals ...

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EU, Britain agree draft declaration on post-Brexit ties

  LONDON: The EU and Britain agreed a draft declaration laying out plans for “ambitious, broad, deep and flexible” relations after Brexit, setting the stage for the divorce to be finalised at a weekend summit. The EU Council President Donald Tusk said the 26-page declaration, outlining how Britain will work ...

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