The burning Iranian oil tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a 10-mile long oil slick as black smoke continued to billow from the site, Chinese media and Japanese authorities said on Monday.
Around the Globe
Around the Globe
Congressional Republicans got the green light from President Donald Trump to negotiate an immigration deal with Democrats, potentially clearing a stalemate that’s stalled action on multiple issues, including funding to keep the government from shutting down next week.
During an unusual public meeting with bipartisan members of Congress at the White House on Tuesday, Trump offered a broad outline for an agreement while also giving cover for any Republicans worried about the political cost of giving in on protection for some undocumented immigrants.
Republican Senator John Cornyn of Texas accused Democrats of holding “hostage” any agreement on a spending bill to prevent a government shutdown until they get assurances that young undocumented immigrants will be shielded from deportation.
Cornyn, the No. 2 Republican leader, said Monday he doubts lawmakers can resolve partisan differences before a January 19 deadline.
Protests that shook Iran were not just aimed at the economy, president Hassan Rouhani said on Monday, remarks suggesting the real targets were powerful conservatives opposed to his plans to expand individual freedoms at home and promote detente abroad.
In the next 12 months, consumer goods companies would see a revival, both in volume and margin terms, with an anticipated revival in the rural sector, said a report.
With a few state elections and expected populist budget, the rural sector is anticipated to be prime beneficiary. This, coupled with improving macros and good monsoon after two consecutive droughts, also augur well, said the report on the consumer good sector brought by Edelweiss.
The commerce and industry ministry is awaiting a concrete proposal from iPhone maker Apple to set up manufacturing unit in India, Union minister Suresh Prabhu said on Monday. “We are waiting for a good proposal from Apple. Please give us a concrete proposal. If the proposal comes, we will examine it. We are always open for that,” Prabhu told reporters here.
President Donald Trump said the U.S. was open to joining discussions with South Korea and North Korea at “the appropriate time,” and that he would be willing to speak directly with Kim Jong Un under the right conditions.
“Right now, they’re talking Olympics. It’s a start. It’s a big start,” Trump said at a news conference at Camp David about talks expected Tuesday between South Korea and North Korea. It would be “great for humanity” if something beyond cooperation in next month’s Winter Olympic Games resulted, he said.
US President Donald Trump’s forceful denunciation of his former chief strategist Steve Bannon finalised a divorce that was months in the making and will force a reckoning within the Republican Party.
Candidates, donors and party leaders must now choose sides – between Bannon, the blustery face of far-right populist nationalism, and the president who elevated that ideology to the Oval Office.
Strengthening its strategic and now financial relationship with China, Pakistan’s external relations department has taken a monumental decision.
Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in the strategic China Pakistan Economic Corridor (CPEC) projects.
German Chancellor Angela Merkel will put her reputation as Europe’s consummate consensus-builder on the line on Wednesday, when she launches a second bid to form a coalition government after weeks of sniping between its would-be partners. Seeking a fourth term in office, Merkel saw her authority weakened in a national election in September, when support for her conservatives was eroded by the far right.