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World - Bank of England `to provide` more than £250 bn

The Bank of England `stands ready to provide` more than £250 billion of funds to aid the smooth functioning of markets after the Brexit vote, governor Mark Carney said Friday. `As a backstop, and to support the functioning of markets, the Bank of England stands ready to provide more than £250 billion ($370 billion, 326 billion euros) of additional funds through its normal facilities,` Carney said in a televised statement. `The Bank of England is also able to provide substantial liquidity in foreign currency, if required,` he added.

Friday, June 24, 2016  09:26


World - Wanyama rejoins old boss Pochettino at Spurs

Midfield enforcer Victor Wanyama became the first player from Southampton to join up with former manager Mauricio Pochettino when he signed for Spurs from their Premier League rivals on Thursday. The 24-year-old Kenyan international -- who Southampton refused to sell to Spurs last year -- will cost a reported £9 million ($13.4 million, 11.7 million euros), although with add-ons it could rise to £12 million. Wanyama signed a five-year contract and is Pochettino`s first signing of the close season, as he builds a side not only for the Premier League campaign but also the Champions League after they finished third last term.

Thursday, June 23, 2016  22:25


World - British car industry drives home EU benefits

Britain`s car sector on Wednesday said its growth depended on the country keeping `unrestricted access` to the European single market -- a situation thrown into doubt by Brexit. `Our growth depends on certainty and continued open and reciprocal access to the 100-plus markets with which the UK automotive industry so successfully trades,` Mike Hawes, chief executive of industry body SMMT, said in a statement ahead of an annual conference in London on Wednesday featuring car bosses from across Europe. Any risks and uncertainty to these fundamental benefits need to be addressed head on by UK government, he added.

Wednesday, June 29, 2016  11:16


World - Press hammer `clueless` England over Euro debacle

The British press slammed the England football team as clueless, shambolic and embarrassing after their humiliating 2-1 defeat by Iceland at Euro 2016 on Monday. The Daily Mail compared the defeat in Nice to England`s 1-0 loss to a part-time United States side at the 1950 World Cup in Brazil and the British referendum vote last week to leave the European Union. `A lot of people in England have been trying to turn back time over the last few days and Roy Hodgson managed to get it all the way back to Belo Horizonte in 1950,` mused the Mail.

Monday, June 27, 2016  23:38


World - In divided Belfast, Brexit vote sows uncertainty

The Brexit vote has sown uncertainty in the still divided communities of Belfast, where memories of the conflict that tore the province apart for three decades are all too raw. Many nationalists, who support a united Ireland and do not regard themselves as British, are concerned about a return to Westminster rule minus the counterbalancing influence of Brussels. `I would definitely now vote for a united Ireland because then we d be part of the European Union - nobody trusts an English government,` said Marion Connolly, 25.

Saturday, June 25, 2016  19:39


World - Blame flows freely as West Bank taps run dry

Fatma Ali stands in her small patch of garden in the parched West Bank and wonders how to feed her family of seven when she`s had no water in nearly a week. `I can`t cook, do the dishes or serve drinks,` she says, surveying the cracked earth and dried-up fountain in her yard in Salfit, north of Ramallah. Ali is one of tens of thousands of Palestinians in the Israeli-occupied West Bank who have gone without water in recent weeks, victims of the latest dispute between Israeli and Palestinian officials over the region`s most valuable resource.

Sunday, June 26, 2016  04:29


Asia-Pacific - Ali Haider Gilani on his kidnap ordeal

The son of a former prime minister of Pakistan has spoken to the BBC after he was kidnapped by Al Qaeda militants.

Tuesday, June 28, 2016  01:48


Asia-Pacific - Ali Haider Gilani on three year kidnap ordeal

The son of a former prime minister of Pakistan has spoken to the BBC after he was kidnapped by Al Qaeda militants.

Tuesday, June 28, 2016  00:35


Asia-Pacific - Ali Haider Gilani on two year kidnap ordeal

The son of a former prime minister of Pakistan has spoken to the BBC after he was kidnapped by Al Qaeda militants.

Monday, June 27, 2016  23:55


World - U.S. sailors divulged sensitive information while held by Iran: Navy

By Yeganeh Torbati and Idrees Ali WASHINGTON (Reuters) - U.S. sailors who blundered into Iranian waters in January divulged sensitive information to their captors while held at gunpoint by Iran`s Islamic Revolutionary Guard Corps, a U.S. Navy report said on Thursday. It said some of the 10 crew members gave away capabilities of their vessels, one of them disclosing his vessel`s potential speed and suggesting it was on a `presence` mission to demonstrate U.S. military power in the Gulf. The incident, which embarrassed the United States, rattled nerves days before implementation of a U.S.-nuclear accord between Iran and world powers negotiated by the administration of U.S. President Barack Obama.

Thursday, June 30, 2016  21:09

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