Around the Globe

Around the Globe

May heads back to Brussels after Brexit defeat by her own party

UK Prime Minister Theresa May is headed to a European summit that was set to approve the breakthrough victory in Brexit talks she celebrated last week. Instead, she arrives after a serious defeat at the hands of her own party.

Lawmakers voted 309 to 305 on Wednesday evening to change her government’s planned legislation so that it guarantees they will get a “meaningful vote” on the final deal to leave the European Union at the end of negotiations in 2019. And rather than the Brexit hardliners who have so often undermined her, this time it was pro-Europeans who defected.

No evidence New York bomb suspect linked to Bangladesh militants: security chief

Bangladesh has found no evidence linking a Bangladeshi man charged with an attempted suicide bombing in New York with militants in Bangladesh, its counter-terrorism chief told Reuters on Wednesday.

US prosecutors on Tuesday brought federal charges against Akayed Ullah, a 27-year-old Bangladeshi and self-described supporter of Islamic State, accusing him of supporting a foreign terrorist organisation.

Times Square subway bomber tells police he’s a follower of Islamic State

A Brooklyn man wearing a pipe bomb attached with Velcro and zip ties set off an explosive in the Times Square subway station Monday morning, injuring himself and three others, sending ambulances racing and commuters fleeing as Christmas shoppers poured into New York City.

The 27-year-old suspect, Akayed Ullah, wore the device that went off shortly after 7 am in an attempted terror attack, Police Commissioner James O’Neill said at a news conference near the scene. Ullah suffered serious burns, while other victims had minor injuries, he said.

Hamas calls for Palestinian uprising in response to Trump’s Jerusalem plan

The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to US President Donald Trump’s recognition of Jerusalem as its capital.

The Israeli military said it was reinforcing troops in the occupied West Bank, deploying several new army battalions and putting other forces on standby, describing the measures as part of its “readiness for possible developments”.

EU sets Sunday deadline after 'no white smoke' on Brexit

The European Commission said today that there was still "no white smoke" on a Brexit deal and set a limit of Sunday for British Prime Minister Theresa May to return to Brussels with an acceptable deal.

"So far no white smoke. We stand ready to receive prime minister May at any moment in time when they are ready," Margaritis Schinas, chief spokesman for commission chief Jean- Claude Juncker, told reporters in Brussels.

Trump’s Plan for Jerusalem Embassy Leaves Key Details Unresolved

President Donald Trump will formally declare Jerusalem to be Israel’s capital and direct the State Department to start the process of moving the US embassy there from Tel Aviv, a historic shift of US policy that could inflame key allies.

But in a sign the announcement could be more symbolic than substantive, the White House warned that any actual move would take years and that the specific boundaries of Israeli sovereignty over Jerusalem are still subject to peace talks that have bedeviled US presidents for decades.

Rate-sensitive stocks dip, as market awaits RBI policy stance

Stocks in rate sensitive sectors like real estate, auto stocks witnessed selling ahead of the RBI monetary policy announcement, while banking stocks gained marginally even as several brokerage houses expect RBI to adopt a hawkish tone in the coming monetary policy.

Brokerages firms feel that given the sharp liquidity dip in banking, growing inflation and concerns of fiscal slippage would force RBI to hold rates and it could sound more hawkish on its stands.

US top court lets Trump’s latest travel ban go into full effect

The US Supreme Court on Monday handed a victory to President Donald Trump by allowing his latest travel ban targeting people from six Muslim-majority countries to go into full effect even as legal challenges continue in lower courts.

The nine-member court, with two liberal justices dissenting, granted his administration’s request to lift two injunctions imposed by lower courts that had partially blocked the ban, which is the third version of a contentious policy that Trump first sought to implement a week after taking office in January.

Emboldened Trump Brushes Aside Flynn Plea and Goes on Offence

US President Donald Trump emerged newly emboldened from one of the most tumultuous weeks of his presidency, reveling in the prospect of his first major legislative victory while brushing off a federal probe that’s closing in on key members of his inner circle.

Trump Announces New Sanctions on North Korea

President Donald Trump said on Wednesday after a phone call with Chinese President Xi Jinping that major new sanctions will be imposed on North Korea.

“Just spoke to President XI JINPING of China concerning the provocative actions of North Korea,” Trump said in a tweet. “Additional major sanctions will be imposed on North Korea today. This situation will be handled!”

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