Wednesday, May 25

Day: September 4, 2016

Theresa May expected to tell on G20 Summit UK is open for business
Asia, ENGLISH

Theresa May expected to tell on G20 Summit UK is open for business

    British Prime Minister Theresa May is said to travel to the G20 summit in China today (3 September). This will be her first international conference since she entered Downing Street in July. She has reportedly been given a key speaking slot on Sunday (4 September) where she will talk about the global economy. In her talk she is expected to say that the UK continues to be "consistent and dependable" following the Brexit vote. An unnamed source cited by the Independent said, that May would tell world leaders attending the summit that the UK is "open for business and wanting a smooth and orderly departure". She is also expected to talk about the UK's view of the referendum vote and how it is preparing for the Brexit talks with the European Union (EU). G20 Hangzhou summit 2016...
Lithuania Builds Fake Town To Simulate Russian Attack
ENGLISH, Europe

Lithuania Builds Fake Town To Simulate Russian Attack

    Lithuania has constructed a fake town the size of 20 football pitches to allow it to practise its military readiness for a potential city attack and it is inviting its Baltic neighbors to visit and do the same, Euronews reports. The town will be used for training purposes by Lithuania’s armed forces in order to simulate a Russian attack on the country’s territory. The three Baltic NATO allies, made up of Latvia, Estonia and Lithuania, have been among the most concerned by Russia’s annexation of Crimea, worrying that Russia may use the narrative of protecting Russian-speakers in former Soviet territories against them. The 16-hectare town is designed to resemble a small Baltic city, complete with a school building, a mall, a church, a police office, a sports stadium and 26 t...
UK private sector increased 8%
ENGLISH, United Kingdom

UK private sector increased 8%

    The private sector activity in the country saw a modest gain in the three months to August, a recent survey by the Confederation of British Industry (CBI) has revealed. The latest CBI Growth Indicator showed that this sector had grown at 8% during this period. While headline growth did not ease further, there was a mixed performance among sectors, a CBI press release mailed to IBTimes UK said. With regards to manufacturing, CBI said the sector saw strong total order books and a notable increase in export orders. This, it said, led to a healthy growth in the three-month period. While manufacturing output was expected to rise at a decent level, manufacturers were expected to increase prices amid inflationary pressure, it added. With regards to the retail, wholesale and motor...
Keith Vaz Stands Down Over Sex Allegations
ENGLISH, United Kingdom

Keith Vaz Stands Down Over Sex Allegations

    Keith Vaz is to stand aside as Chair of the Home Affairs Select Committee following allegations in a Sunday newspaper. Select Committee member Naz Shah, who has spoken to Keith Vaz, has told Sky News that he has done the right thing by standing aside as chair. Mr Vaz has not resigned completely but temporarily as he speaks to his lawyer and other members of the committee. The married Labour MP allegedly paid for sex with two male prostitutes and offered to pay for a class A drug, according to the Sunday Mirror. In a statement to Sky News he said: It is deeply disturbing that a national newspaper should have paid individuals to have acted in this way. I have referred these allegations to my solicitor Mark Stephens of Howard Kennedy who will consider them carefully and advis...
PM Theresa May attended G20 summit in China
Asia, ENGLISH

PM Theresa May attended G20 summit in China

    Theresa May has had a difficult start to the G20 summit as President Barack Obama said the UK would not be the priority for a US trade deal and Japan issued an unprecedented 15-page warning about the consequences of Brexit. The prime minister had been hoping to pitch the UK as a global leader in free trade during her first major outing on the world stage at the G20 summit in Hangzhou. However, she was immediately confronted with harsh warnings about the consequences of leaving the EU and diplomatic tensions with the Chinese over her concerns about their involvement in UK nuclear power. After her first bilateral meeting with Obama, May was warned that the US wanted to focus on trade negotiations with the EU and a bloc of pacific nations before considering a deal with the UK...