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Britain Sets out How it will Regulate the City after Brexit

Britain sets out how it will regulate the City after #Brexit

LONDON – Britain “will adapt” capital rules for legacy insurers from the European Union as it regains control of its crucial financial services sector, Finance Minister Rishi Sunak said. Britain left the EU in January and will no longer be required to follow the bloc’s financial rules after December when …

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US, China Clash Anew As Top Officials Meet on Tensions

US, China clash anew as top officials meet on tensions

WASHINGTON – The United States lobbied China on Wednesday for its treatment of Muslim Uighurs and Hong Kong as the two powers held firm in high-level talks in Hawaii over mounting tensions. US Secretary of State, Mike Pompeo, met with a senior Chinese official, Yang Jiechi, at a Honolulu military …

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China, EU Join 19-Member Temporary Global Trade Dispute System

China, EU join

BEIJING – China has joined 18 other nations, including the European Union, Canada, Australia, Singapore and Hong Kong, in introducing a transitional program of trade disputes at the World Trade Organization, with the agency’s arbitration body ceasing to work in December after the United States rejected the nomination of new …

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World Death Toll Exceeds 94,000, but Some Signs of Hope

Global virus death toll passes 94,000, but some signs of hope

Another horror day of the coronavirus pandemic saw the death toll worldwide exceed 94,000, although there are tentative signs of hope that the crisis was peaking in the United States and Europe. The picture of the unfolding economic disaster has also become clearer with the IMF’s warning of a Great …

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Countries Worldwide in Different Stages of COVID-19 Trajectory

Covid-19

WASHINGTON – Tuesday saw an increase in deaths and new cases of COVID-19 in Britain, France, some eastern European countries, Sweden, Japan and the United States, while China, South Korea and a handful of other countries have reported declining deaths and new cases of Infections. China on Tuesday ended 76-day …

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UK Health Minister Tests Positive for Coronavirus

Minister

LONDON – British MP Nadine Dorries, Minister of Health, has tested positive for the coronavirus, she said in a statement on Tuesday. “I can confirm that I have tested positive for coronavirus … and that I have self-isolated at home,” said the Conservative MP. Health officials are now trying to …

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American-European Conflict Breaks Out in Munich

Munich

MUNICH – The 56th Munich Security Conference was dominated by a break in the NATO alliance in the midst of the resurgence of preparations for a “great power conflict” and a new rush of imperialist powers to recolonize the world. In a frank statement, the opening report to the congress …

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