Around the Globe

Around the Globe

Embattled UK PM faces crucial Brexit bill battle in Parliament

British MPs returned to the House of Commons today after a brief parliamentary recess to what promises to be a bruising battle over a crucial Brexit legislation transferring existing EU laws to Britain.

The EU Withdrawal Bill, which formally converts all European Union (EU) legislation into UK law to ensure complete clarity on Brexit day 'March 29, 2019', returns for a line by line scrutiny by lawmakers in what is referred to as the committee stage of the bill.

As Venezuela goes belly up, contagion worries abound

Venezuela is on the verge of bankruptcy, teetering on the precipice. Venezuela’s overall debt is estimated at £90 billion ($150 billion) — the legacy of disastrous hard-left economic policies under Hugo Chavez and successor Nicholas Maduro. This could trigger a global contagion and its impact on oil importing India will be severe. As Maduro announced plans to restructure its debt, significantly it has not made any debt payment to many entities, including Indian Oil and gas major ONGC.

Powerful Earthquake on Iran-Iraq Border Kills Over 330

A powerful 7.3 magnitude earthquake that struck the Iraq-Iran border region killed over 330 people in both countries, sent people fleeing their homes into the night and was felt as far west as the Mediterranean coast, authorities reported on Monday.

US President Trump...

The American President offered to help resolve territorial disputes in the South China Sea during a meeting with his Vietnamese counterpart in Hanoi.

“I am a very good mediator and a very good arbitrator,” Trump said on Sunday ahead of a bilateral meeting with Vietnamese President Tran Dai Quang. “If I can be of help in any way let me know,” he added.

China, US ink $250 bn trade deals to mark Trump's 1st visit

US President Donald Trump pressed China to do more to rein in North Korea on Thursday and said bilateral trade had been unfair to the United States, but praised President Xi Jinping’s pledge that China would be more open to foreign firms.

On North Korea’s nuclear and missile programs, Trump said “China can fix this problem quickly and easily”, urging Beijing to cut financial links with North Korea and also calling on Russia to help.

Trump warns ‘rogue regime’ North Korea of grave danger

US President Donald Trump arrived in China on Wednesday seeking help to rein in North Korea after warning North’s leader that the nuclear weapons he is developing “are not making you safer, they are putting your regime in grave danger.”

Trump used some of his toughest language yet against North Korea in a wide-ranging address in Seoul that lodged specific accusations of chilling human rights abuses. He called on countries around the world to isolate Pyongyang by denying it “any form of support, supply or acceptance.”

At N Korea’s doorstep, Trump warns of US power while also striking conciliatory note

US President Donald Trump on Tuesday warned North Korea he was prepared to use the full range of military power to stop any attack, but in a more conciliatory appeal than ever before he urged Pyongyang to “make a deal” to end the nuclear standoff.

Speaking on North Korea’s doorstep during a visit to Seoul, Trump said that while “we hope to God” not to have to resort to the use of full US military might, he was ready to do whatever was necessary to prevent the “North Korean dictator” from threatening millions of lives.

Trump Pushes Japan to Buy Military Equipment, Hits Out on Trade

President Donald Trump urged Prime Minister Shinzo Abe to purchase U.S. military equipment to create jobs in America after telling leaders that Japan had an unfair advantage on trade.

In a joint press briefing with Abe in Tokyo on Monday, Trump hailed the U.S.-Japan alliance even as he called for a reduction in the trade gap between the countries. Trump reeled off several possibilities, including missile-defence systems, missiles and F-35 fighter jets.

Trump’s H-1B reform may make life hell for firms, immigrants

Donald Trump came into office promising a restrictive new approach to immigration and there has been little question about his intention to follow through – with one seeming exception. Despite its enthusiastic rhetoric about the H-1B programme, which provides temporary visas to high-skilled workers, the administration failed to make significant changes in time to impact the programme’s annual lottery this April, leaving some who had anticipated action fuming. It has also declined to take up any of the legislative proposals for H-1B overhaul.