Hungarian Prime Minister Viktor Orban on Tuesday called for the resignation of European Commission Vice President Vera Jourova over what he described as her “derogatory public statements” about democracy in Hungary.Orban, 57, has repeatedly clashed with other EU leaders over his moves to put the judiciary, media and academics under more state control.Critics in the[...]
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France, Germany and Switzerland have allowed travel to resume three months after unprecedented restrictions were imposed. France, Germany and Switzerland on Monday allowed travel to resume three months after unprecedented restrictions were imposed in a bid to curb the coronavirus pandemic.France reopened its borders with all EU countries except Spain, where restrictions would remain in[...]
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EU’s €50m to be channeled to “Basket Fund” to support Nigeria’s COVID-19 response – Mustapha The European Union (EU) 50 million Euros donation to Nigeria will be channeled to the “One COVID-19 Basket Fund” for the national pandemic response plan. NAN reports that on April 6, Nigeria and the UN launched the “One COVID-19 Basket[...]
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Head of the European Union (EU) Delegation to Nigeria and Economic Community of West African States (ECOWAS), Ketil Karlsen, has alerted the sub-region to the dangers of postponing political reforms. He stressed that such changes were needed mostly after any general election like the recently concluded 2019 polls in Nigeria. He, however, lamented that President[...]
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The race to succeed Theresa May as leader of the ruling Conservative Party and prime minister entered a new phase on Thursday with Tory members of parliament (MPs) having their first vote for their preferred candidate. Three of the 10 candidates standing in the leadership contest were eliminated from the race Thursday after failing to[...]
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British Prime Minister Theresa May on Friday said she would quit, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal. May set out a timetable for her departure: She will resign as Conservative Party leader on June 7 with a leadership[...]
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Heads of anti-corruption agencies have requested governments in Europe, United States and other jurisdictions to speedily repatriate stolen assets belonging to African nations. The resolution was contained in a communiqué issued at the end of the ninth Commonwealth Regional Conference of Anti-Corruption Agencies in Africa which held from May 6 and 10 in Kampala, Uganda[...]
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With the U.S. and China seemingly nearing the conclusion of a trade deal, many experts have predicted that Washington could next turn up tensions with the European Union. Those worries came as the U.S. and some of its European allies recently clashed on issues such as Huawei’s role in 5G development — something the administration[...]
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French companies including L'Oreal and luxury groups LVMH and Kering have pledged millions of euros to help rebuild Notre Dame Cathedral in Paris after it was severely damaged in a fire Monday night. Francois-Henri Pinault, whose Artemis holding company owns a controlling stake in Kering, pledged 100 million euros ($113 million), while Bernard Arnault, chair of LVMH, gave 200 million[...]
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Britain should be allowed to delay its official Brexit departure date again so it can think carefully about its future, the EU's competition chief told CNBC. "I don't see a risk in prolonging the departure (from the European Union)," Margrethe Vestager, the European Commissioner for Competition said Tuesday in an exclusive interview in Brussels. "If[...]
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Brexit has cost the UK around £600m every week since the 2016 referendum, according to a report by Goldman Sachs that highlights the economic impact of the uncertainty surrounding Britain’s exit from the EU. Financial Times quoted the investment bank saying that Brexit has cost Britain about 2.4 per cent of gross domestic product, compared[...]
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The eurozone is in better financial shape than a decade ago, but still not solid enough to withstand another economic crisis, the head of the International Monetary Fund said on Thursday. IMF Managing Director Christine Lagarde told a Paris conference that the currency union 'is not resilient enough' to emerge unscathed from 'unexpected economic storms'.[...]
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One million people today are marching to stop Brexit. Majority have blamed their earlier decision to vote for Brexit as being misled by by manipulation. They are therefore calling for a referendum. Anti-Brexit protesters have travelled from all over the country to London for the 'Put it to the People March' as the online petition urging[...]
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One million people have signed a petition to cancel Brexit. This is a fallout of the Brexit negotiations which have become a nightmare. The negotiations are heading to a breakdown with Theresa May in a race to deliver a deal that is favorable to UK while she locks horns with the British House of Commons.[...]
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Seven big banks are moving around 1.2 trillion euros ($1.36 trillion) of assets from Britain to the euro zone as part of their preparations for Brexit, European Central Bank supervisor Ignazio Angeloni told Bloomberg. “We expect seven significant institutions to come under ECB supervision at the outset, of which we already oversee three. There will[...]
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Theresa May today confirmed she has asked the EU to delay Brexit until June 30 - and gave a strong indication that she could quit if the UK has not left the bloc after that three-month extension. The Prime Minister also revealed she will bring back her ailing deal for a third time 'as[...]
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UK lawmakers have again voted to delay Brexit. Brexit is set to be delayed from March 29 after MPs voted 412 to 202 in favour of extending Article 50 tonight. Theresa May appears certain to have a third attempt to get her Brexit deal agreed by MPs early next week but whatever happens will ask[...]
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Jaguar Land Rover will recall more than 44,000 UK cars for repairs after regulators found faulty models emitting more carbon dioxide than advertised. Ten models were found to be emitting more CO2 than certified initially, according to the Vehicle Certification Agency. Britain's largest car maker said all repairs in conjunction with the recall would be[...]
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The pound rose sharply against the euro after Theresa May's Brexit deal was rejected for a second time tonight, as investors appeared to think the chances of a delay had risen. The currency reached €1.16 in the moments after MPs rejected the amended withdrawal agreement, restoring some of the losses made this morning. The pound[...]
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Brussels will demand another £13.5billion in Brexit divorce payments if Theresa Mayseeks an extension to Article 50, it is claimed. EU states are said to be 'hardening' their stance against a longer Brexit process and could force Britain to stay in a customs union as the price of agreeing a delay. MPs could vote on a postponement this[...]
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A surge in applications was triggered by consumer group Which? after it said 3.5million Britons with less than six months left on passports could be stopped from entering multiple European countries this summer – including France, Spain and Italy. However, those who acted on the advice found the Government website was not working, and were presented with the message:[...]
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Brexit has been blamed majorly for the collapse of British Budget Airline - Flybmi. The collapse of British regional airline Flybmi over higher fuel prices and Brexit uncertainty has forced stranded passengers across Europe to fend for themselves, without the prospect of help from the UK government. The airline filed for administration late Saturday, in[...]
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The European Commission added Saudi Arabia, Panama, Nigeria and other jurisdictions to a blacklist of nations that pose a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The move has triggered criticism from several EU states worried about their economic relations with the listed states, notably[...]
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A man who won the Super Lotto in the Caribbean picked up his massive check wearing a mask made popular by the 1996 movie “Scream.” Only identified as A. Campbell, the Jamaican winner posed with his winning at the Spanish Court Hotel in Kingston last week. Not an inch of Mr. Campbell was exposed — donned in a full[...]
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Venezuela's President Nicolas Maduro has been accused of trying to secretly transfer up to $1.2 billion from public funds to a bank in Uruguay as he warns a civil war could break out. Opposition leader, Juan Guaido, alleged President Nicolas Maduro today of trying to illicitly transfer billions of dollars in cas from public coffers to a[...]
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