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BELFAST, NORTHERN IRELAND - FEBRUARY 3: Michelle O'Neill makes her way to the Assembly chamber before being nominated as First Minister at Stormont on February 3, 2024 in Belfast, Northern Ireland. Sinn Fein's Michelle O'Neill becomes the new Northern Ireland First Minister. This appointment marks the first time a nationalist has held the post of First Minister. Britain's minister for the region, Chris Heaton-Harris, said the restoration of government represented a "great day for Northern Ireland". As the former political wing of the Irish Republican Army (IRA), Sinn Fein was long shunned by the political establishment on both sides of the border.
Persons: Michelle O'Neill, Sinn Fein's Michelle O'Neill, Charles McQuillan, Michelle O'Neill's, Sinn Fein's, O'Neill, Chris Heaton, Harris, Sinn Fein, Emma Little Organizations: Stormont, Northern Ireland First, DUP, Sinn Fein, Democratic Unionist Party, Irish Republican Army, IRA Locations: BELFAST, IRELAND, Belfast , Northern Ireland, British, Ireland, Northern Ireland, United Kingdom, Irish Republic
CNN —In a historic moment, a nationalist politician has become First Minister of Northern Ireland as power-sharing resumed after a two-year break. But the symbolism of a Sinn Féin representative becoming first minister is still obvious and in Northern Ireland symbols matter a lot – perhaps too much. “The whole point of creating Northern Ireland a century ago was that it would always have a Protestant majority committed to staying within the United Kingdom. “It doesn’t mean that a United Ireland is an immediate prospect but it does mean that the whole future of Northern Ireland is very much an open question. The task now is to make that openness promising and full of opportunity rather than threatening and full of fear.”The Northern Ireland Assembly is the devolved legislature for Northern Ireland.
Persons: Michelle O’Neill, Sinn Féin, , , ” O’Neill, Emma Little, , “ Michelle, Protestants –, , Fintan O’Toole, Michelle O’Neill’s Organizations: CNN, Irish Republican Army, IRA, Unionist, Democratic Unionist Party, DUP, Northern Ireland Assembly, Irish Republican, Protestants, Northern, Westminster Locations: Northern Ireland, Ireland, Irish, United Kingdom, United Ireland, London
LONDON (AP) — Sinn Fein Vice President Michelle O'Neill is poised to make history Saturday by becoming the first Irish nationalist leader of Northern Ireland as the government returned to work after a two-year boycott by unionists. Northern Ireland was established as a unionist, Protestant-majority part of the U.K. in 1921, following independence for the Republic of Ireland. The return to government came exactly two years after a DUP boycott over a dispute about trade restrictions for goods coming into Northern Ireland from Great Britain. Northern Ireland’s 1.9 million people were left without a functioning administration as the cost of living soared and public services were strained. The new changes included legislation “affirming Northern Ireland’s constitutional status” as part of the U.K. and gives local politicians “democratic oversight” of any future EU laws that might apply to Northern Ireland.
Persons: Sinn, Michelle O'Neill, O'Neill, Brexit, ” O’Neill, Sinn Fein Organizations: Irish, Republic of Ireland, Democratic Unionist Party, DUP, Northern Ireland Assembly, Stormont Assembly, Irish Republican Army, Windsor Locations: Northern Ireland, Northern, Ireland, Republic of, Government, Stormont, Great Britain . Northern, Belfast
New York CNN —Earnings season is in full swing, and that means investors get a chance to hear from multinational companies about the state of the global economy. Some of the United States’ biggest companies are in the hot seat to answer questions about the economy, and where it could be headed. Like the rest of the US, companies are watching whether the economy could still tip into a recession as interest rates hover around a 23-year high. Achieving a soft landing, or a situation in which inflation comes down without an economic downturn, looks likely, some companies said. According to the UK government’s own estimates, the checks — including physical inspections from April — will cost British businesses about £330 million ($419 million) annually and increase food inflation by about 0.2 percentage points over three years.
Persons: it’s, , Michael Hsu, Kimberly, Clark, Blackstone, Stephen Schwarzman, Christophe Le Caillec, Jim Vondruska, We’re, Robert Isom, Lorenzo Simonelli, Baker Hughes, Alan Schnitzer, Elisabeth Buchwald, , Christopher Waller, Waller, Hanna Ziady, Read Organizations: CNN Business, Bell, New York CNN, United States ’, American, O'Hare Airport, Travelers Companies, , European Union Locations: New York, Chicago , Illinois, United Kingdom, Britain
Nicola Prentis was loving her life in Spain when she and her London-based partner got pregnant. They decided to raise their family in Spain but life there became less fun with a baby. After they split up, she wasn't legally allowed to move home to the UK, but has made peace with it. Nicola PrentisThe upsides of raising children in SpainThere have been advantages to raising my kids in Spain. Children enjoy a three-course, healthy lunch for under 5 euros a day, or $5.40.
Persons: Nicola Prentis, wasn't, , I'd, he'd, that's, we've Organizations: Service, La Latina, Hague Convention Locations: Spain, London, Madrid, , England, New York, Europe, Asia, Barcelona, Spanish, Girona, Catalan
London CNN —New border controls on some of Britain’s food imports from the European Union came into force Wednesday for the first time since Brexit, increasing red tape for businesses and threatening to drive up prices for consumers. Industry groups have warned, however, that the new measures could ultimately hike prices of some staples and disrupt supplies when physical border checks are introduced at the end of April. Rising food prices have been a key driver of the nation’s cost-of-living crisis, and adding cost and friction to supply chains won’t help matters. A group of 30 trade organizations representing the UK food supply chain said last week that the new border measures would “impact the flow of critical food ingredients” from the EU to the UK. Europe is the UK’s leading foreign supplier of food, accounting for more than a quarter of food consumed in Britain by value.
Persons: Steve Barclay Organizations: London CNN, European Union, Industry, Meat Processors Association, EU Locations: United Kingdom, Britain, British, Europe
LONDON (AP) — The U.K. government on Wednesday published the details of a deal that has broken Northern Ireland’s political deadlock and should — barring a major upset — restore the regional government in Belfast after almost two years on ice. Political Cartoons View All 253 ImagesThat angered Northern Ireland’s British unionists, who said the east-west customs border undermined Northern Ireland’s place in the U.K. In February 2022, the Democratic Unionist Party walked out of Northern Ireland’s government in protest. The new changes go farther, eliminating routine checks and paperwork for goods entering Northern Ireland and making legal tweaks designed to reassure unionists that Northern Ireland’s position in the U.K. is secure. The Northern Ireland Assembly then can meet to elect a speaker, followed by the nomination of a first minister and a deputy first minister.
Persons: Michelle O’Neill, Sinn Fein Organizations: European Union, EU, Northern Ireland, U.K, Democratic Unionist Party, DUP, Northern Ireland’s, Windsor Framework, Northern, Northern Ireland Assembly, Sinn, Irish Republican Army Locations: Belfast, Northern Ireland, Republic of Ireland, Northern, Northern Ireland’s, Ireland
Ivory Coast alone is home to more than 5 million people from Burkina Faso, Mali and Niger. Earlier this month, Russia and Niger, ruled by a junta since a coup last year, agreed to develop military ties. Russian military personnel flew into Burkina Faso's capital Ouagadougou last week to ensure the safety of the country's military leader. EMPTY THREATECOWAS has responded to a wave of coups in the region since 2020 with sanctions that the juntas have called "illegal and inhumane." "The departure from ECOWAS will have catastrophic consequences for the ability to respond to the many security challenges facing this region," said Abba.
Persons: Bate Felix, David Lewis, Giulia Paravicini, Seidik Abba, Russia's Wagner, Mucahid Durmaz, Verisk Maplecroft, Charlie Robertson, Kwesi Aning, Gilles Yabi, Adama Coulibaly, Nagnouma Keita, Abba, Tiemoko Diallo, Boureima, Silvia Aloisi, Andrew Cawthorne Organizations: Giulia Paravicini DAKAR, West, West African States, Reuters, Islamic, FIM Partners, European Union, ECOWAS, CFA Locations: Mali, Burkina Faso, Niger, Russia, Ivory Coast, Niger . Niger, Nigeria, Paris, Ghana, Togo, Benin, France, United States, Burkina Faso's, Ouagadougou, West Africa, United, London, Bamako, Guinea, China
Sinn Féin won the most seats in the elections to the Northern Ireland Assembly last year. Post-Brexit trade rules imposed customs checks on goods moving to Northern Ireland from the UK’s mainland. A deal known as the Northern Ireland Protocol was agreed to allow Northern Ireland, which is part of the United Kingdom, to remain within the EU market so that it could trade goods freely across its land border with the Republic of Ireland, an EU member state. Unionists in Northern Ireland, like the DUP, are in favor of remaining in the United Kingdom, whereas nationalists, like Sinn Féin, are in favor of the unification of Northern Ireland with the Republic of Ireland. “The people of Northern Ireland are best served by a power-sharing government in Stormont as outlined in the Good Friday Agreement.
Persons: Jeffrey Donaldson, Sinn Féin, Brexit, Sinn, Donaldson, , , ” What’s, Northern Ireland Chris Heaton, Harris, Heaton, ” “, Sinn Féin’s, Michelle O’Neill, Tánaiste, Micheál Martin –, Martin, Claire Cronin, Biden Organizations: CNN, Democratic Unionist Party, DUP, Sinn, Northern Ireland Assembly, Northern, Protocol, Irish, Republic of Ireland, Northern Ireland, Union, BBC Radio, Stormont, State, Government, Northern Ireland Executive, Assembly, Foreign Affairs, Defence, Executive Locations: Northern Ireland, Ireland, United Kingdom, Republic of Ireland, Belfast, Republic of, Westminster, Northern, Stormont –, Stormont
London CNN —Britain is finding out just how hard it can be to negotiate free trade deals, even with close allies and friends. Goods and services have continued flowing between the two countries under the terms of the EU-Canada free trade deal. But Britain had sought to negotiate a new trade deal with Canada that would improve upon the terms of the existing agreement. A key sticking point in the negotiations has been Britain’s refusal to relax a ban on hormone-treated beef, which at the moment effectively bars Canadian farmers from selling to British consumers. We remain open to restarting talks with Canada in the future,” a UK government spokesperson said in a statement.
Persons: King Charles, Britain, , Mary Ng, , David Henig, we’ll Organizations: London CNN, European Union, NATO, , Britain, EU . Goods, EU, Canada, Centre for International Political, CNN, Reuters, National Farmers ’ Union, BBC, Locations: Canada, United Kingdom, Britain, Brussels, , England, Wales, “ Canada
Des Moines, Iowa CNN —The storied history of the Iowa caucuses has never seen anything like this. Haley: ‘The fellas are scared’Unlike DeSantis, Haley isn’t wagering her campaign on Iowa. Icicles hang from the roof as people arrive for a Haley campaign event at the Thunder Bay Grille on January 13, 2024, in Davenport, Iowa. Chip Somodevilla/Getty ImagesYet Iowa has has raised existential questions for the DeSantis campaign. And time is short, because the Iowa campaign is ending just as it began — with the former president on top.
Persons: shivers, Donald Trump, they’re, , Nikki Haley, Ron DeSantis, Iowans, ” Trump, Trump, , DeSantis, Haley, Chris Christie’s, she’d, Vivek Ramaswamy, Xi Jinping, Nigel Farage, , ” –, patriotically, we’re, caucusgoers, Ramaswamy, , Haley slugged, admonitions, Judge Arthur Engoron, Sharon Mancero, ” Mancero, Mancero, Joe Biden, he’s, Clinton, , Haley isn’t, She’s, ” Haley, Will Hurd —, Trump —, That’s, Win McNamee, that’s, George W, Bush, “ We’re, Mark Harris, Haley’s, Lovisa, Swede, ” Tedestedt, Chip Roy, Louis, Stanley, Chip Somodevilla, Joel Rudman, “ I’ve, ” Rudman, It’s, ” DeSantis, Biden, it’s, ” CNN’s Kit Maher, Veronica Stracqualursi Organizations: Des Moines , Iowa CNN, House, Former South Carolina Gov, Trump, Trump –, New, New Jersey Gov, “ Trump, Iowa Republicans, Capitol, Iowa, Des Moines Register, NBC, Republican, GOP, Republicans, Des Moines, Senate, CNN, New York Stock Exchange, Social Security, Jimmy Centers, Iowa Republican, South Carolina, Former Texas GOP, , White House, Ankeny, Haley, America, South Carolina Republican, Texas, Florida Panhandle, Centers Locations: Des Moines , Iowa, Iowa, week’s, Hampshire, Florida, New York, Washington, Cedar Rapids, Waterloo, Sioux City, New Jersey, British, Indianola, Clinton , Iowa, DeSantis, Des, Fox, Wall, Manhattan, New Hampshire, Cedar Falls, Ankeny, South, Davenport , Iowa, Granite, St, Hubbard , Iowa
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty ImagesLONDON — The U.K. and Switzerland on Thursday signed a post-Brexit financial services deal designed to bring two of Europe's largest banking centers closer together. He added that the mutual recognition accord, dubbed the Bern Financial Services Agreement, would provide a "blueprint" for future deals with other countries. As such, financial services providers and insurers will be able to offer certain cross-border activities in both Switzerland and the U.K. Meanwhile, U.K. advisors will be permitted to "temporarily serve" wealthy clients locally in Switzerland without registering in the country.
Persons: Jeremy Hunt, Hunt, Karin Keller, Sutter Organizations: Getty, British, CNBC, European Union, Swiss, U.K, City Locations: Switzerland, Britain, Bern, City of London
But the growing movement of Russian women underscores the complexity and innate inequality of keeping so many men at war for so long while many more of fighting age remain at home. It is too soon to assess the size or impact of the movement of Russian women in a society which the authorities say is united behind the war effort. Women in Ukraine have also demanded their men be allowed back from the front. When Putin ordered a partial mobilisation of 300,000 reservists in September 2022, hundreds of thousands of young men rushed to leave Russia. Petitions to bring their men back produced almost no response, and Russia's defence ministry has barely engaged with the women, Andreeva said.
Persons: Maria Andreeva, Yulia Morozova, Vladimir Putin, Andreeva, Putin, Dmitry Medvedev, Vitaly Milonov, Milonov, Guy Faulconbridge, Timothy Organizations: State Duma, REUTERS, Kremlin, Reuters, Russia's Security, New, Timothy Heritage, Thomson Locations: Russian, Ukraine, Moscow, Russia, MOSCOW, Soviet Union, Chechnya, Andreeva, Western
[1/3] File photo: The flags of the United States and India are displayed on the Eisenhower Executive Office Building at the White House in Washington, U.S., June 21, 2023. Last week, the U.S. Justice Department alleged that an Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil, while it announced charges against a man accused of orchestrating the attempted murder. U.S. officials have named the target of the attempted murder as Gurpatwant Singh Pannun, a Sikh separatist and dual citizen of the United States and Canada. The Indian government has long complained about the presence of Sikh separatist groups outside India. They also discussed developments in the Middle East, including the Israel-Hamas war, plans for a post-war Gaza and recent attacks on commercial vessels in the Red Sea, the White House said on Monday.
Persons: Elizabeth Frantz, Jon, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Joe Biden, Jake Sullivan, Bill Burns, Antony Blinken, Biden, Ajit Doval, Kanishka Singh, Leslie Adler, Lincoln Organizations: Eisenhower, White, REUTERS, Rights, White House, U.S . Justice Department, Indian, U.S, National, Thomson Locations: United States, India, Washington , U.S, U.S, New Delhi, Canada, Vancouver, China, Israel, Gaza, Red, Washington
[1/2] A sign is seen at the arrivals passport control area of Terminal 5, at Heathrow Airport, London, Britain, March 23, 2023. REUTERS/Toby Melville/files Acquire Licensing RightsLONDON, Dec 4 (Reuters) - Britain will announce changes to its legal migration system on Monday after a record number of arrivals in 2022 piled pressure on Prime Minister Rishi Sunak to act ahead of an election expected next year. Sunak's spokesperson said he believes net migration needs to be reduced "significantly". Interior minister James Cleverly will give a statement to parliament later on Monday detailing more measures to reduce legal migration and to "stop abuse of the system," the spokesperson said. Annual net migration to the United Kingdom hit a record of 745,000 last year and has stayed at high levels since, data showed last month.
Persons: Toby Melville, Rishi Sunak, Sunak, Sunak's, James, aren't, Alistair Smout, William Schomberg, Andrew MacAskill, Sarah Young Organizations: Heathrow Airport, REUTERS, Conservative Party, Union, Bank of England, Thomson Locations: London, Britain, Rwanda, United Kingdom
[1/5] Russian President Vladimir Putin visits the "Russia" forum and exhibition celebrating the country's major achievements in Moscow, Russia, December 4, 2023. Putin was given an explanation of a Soviet nuclear bomb design and shown a mock control panel for launching a nuclear test, before observing images of a blast and mushroom cloud through a viewing window. Since the start of the Ukraine war, Putin has frequently reminded the West of the size and capabilities of Russia's nuclear arsenal, saying anyone who tried to launch a nuclear attack against it would be wiped from the face of the earth. Supporters of Putin dismiss that analysis, pointing to independent polling which shows he enjoys approval ratings of above 80%. They say that Putin has restored order and some of the clout Russia lost during the chaos of the Soviet collapse.
Persons: Vladimir Putin, Mikhail Voskresensky, Putin, Oleg Saitov, Boris Yeltsin, Josef Stalin, Catherine the Great, Mark Trevelyan, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Rights, Kremlin, State, Thomson Locations: Russia, Moscow, Soviet, Ukraine, Belarus, Soviet Union, Putin's Russia, London
U.S. Secretary of State Antony Blinken announced the visa restrictions and mentioned, among others, the marginalization of groups like the LGBT community in Uganda and civil society advocates in Zimbabwe. In June, the U.S. State Department imposed visa restrictions on Ugandan officials after the passage of the law. The State Department also previously put visa restrictions on Ugandan officials following the country's 2021 elections, which it called "flawed." Blinken also announced a new visa restriction policy for those he said were undermining democracy in Zimbabwe. "Anyone who undermines the democratic process in Zimbabwe - including in the lead-up to, during, and following Zimbabwe's August 2023 elections - may be found ineligible for U.S. visas under this policy," Blinken said.
Persons: Antony Blinken, SAUL LOEB, Blinken, Emmerson Mnangagwa, Kanishka Singh, Leslie Adler, Sandra Maler Organizations: Al, Al Maktoum International Airport, Rights, U.S . State, The State Department, Thomson Locations: Al Maktoum, Dubai, United States, Uganda, Zimbabwe . U.S, Zimbabwe, Washington
The New York City Police Department said a girl called to report the incident in Queens' Far Rockaway neighborhood and said "her cousin is killing her family members". The suspect, a 38-year-old, stabbed two police officers who responded to the scene, police told reporters. One of the officers then shot him dead, they added. The four people stabbed to death included a 12-year-old boy, an 11-year-old girl, a 44-year-old woman and a man in his 30s, police said. A fifth person, a 61-year-old woman, was also stabbed and was in hospital in critical condition, police said.
Persons: Kanishka Singh, Lisa Shumaker Organizations: New York City, The New York City Police Department, Thomson Locations: Queens, New York, Rockaway, Washington
A pedestrian carrying an umbrella walks along the River Thames in view of City of London skyline in London, Britain, July 31, 2023. Finance executives, consultants and headhunters interviewed by Reuters predict subdued deal flows, modest bonuses for most and heavy job cuts in 2024. "2023 will ultimately be one of the lowest corporate finance fee pools in modern history," said Fabrizio Campelli, head of Corporate Bank and Investment Bank at Deutsche Bank. JOB CUTSBanks have already turned to cost cuts to try to weather the downturn, which in a people-intensive business means job losses. And although some bankers expect a tough 2024, others sense an opportunity for European banks from the Basel Endgame.
Persons: Hollie Adams, Fabrizio Campelli, Banks, Ronan O'Kelly, Oliver Wyman, O'Kelly, Dominic Hook, Goldman Sachs, Vis Raghavan, JP Morgan, Morgan McKinley's, Stephane Rambosson, headhunter, Rambosson, Ana Botin, Morgan's Raghavan, there's, Oliver Wyman's O'Kelly, Deutsche's Campelli, Anousha Sakoui, Carolyn Cohn, Jesus Aguado, Alexander Smith Organizations: REUTERS, LONDON, Finance, Reuters, Corporate Bank, Investment Bank, Deutsche Bank, Organisation for Economic Cooperation, Development, Barclays, Lloyds, Challenger Metro Bank, UBS UBSG.S, Citi, Workers, Global Investment Banking, Employment, European Union, Santander, Global, Basel, Thomson Locations: City, London, Britain, Europe, Middle East, Africa, Ukraine, West, China, United States, India, Madrid
LONDON, Dec 1 (Reuters) - James Dyson, the billionaire inventor of the bagless vacuum cleaner, on Friday lost a libel lawsuit against a British newspaper publisher over a column that branded him a hypocrite who had "screwed" Britain. Dyson sued Mirror Group Newspapers (MGN), publisher of the Daily Mirror, at London's High Court over articles that lambasted him for moving the global head office of his company from Britain to Singapore after championing the economic benefits of Brexit. Judge Robert Jay dismissed Dyson's lawsuit in a written ruling on Friday. But the High Court ruled that MGN had successfully argued its defence of honest opinion and that Dyson had not proved he had suffered "serious harm" as a result of the column. "The claimant having failed on the issue of 'serious harm' and the defendant having succeeded on its honest opinion defence, this claim must be dismissed," the judge said.
Persons: James Dyson, Dyson, Robert Jay, Dyson's, Brian Reade, MGN, Sam Tobin, Paul Sandle Organizations: Group, Daily, Court, Thomson Locations: Britain, Singapore
Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Dec 1 (Reuters) - An inmate was charged on Friday with attempted murder and other offenses following the stabbing of Derek Chauvin, the former Minneapolis police officer convicted in the death of George Floyd, the U.S. Justice Department said in a statement. The complaint charges John Turscak, 52, with stabbing Chauvin about 22 times "with an improvised knife" on Nov. 24 while incarcerated at Federal Correctional Institution Tucson, prosecutors said. Turscak was charged with attempted murder, assault with intent to commit murder, assault with a dangerous weapon, and assault resulting in serious bodily injury, according to prosecutors. "Turscak stated that his attack of D.C. (Derek Chauvin) on Black Friday was symbolic with the Black Lives Matter movement and the Mexican Mafia criminal organization," the complaint said. Chauvin is serving a 21-year sentence for violating Floyd's civil rights and a concurrent 22-1/2 years for murder on his conviction in Minnesota state court.
Persons: Derek Chauvin, George Floyd, John Turscak, Chauvin, Turscak, Black, Kanishka Singh, Bill Berkrot, Grant McCool Organizations: Former, Rights, U.S . Justice Department, Federal Correctional Institution, Mexican Mafia, FBI, Minnesota Attorney, Thomson Locations: Former Minneapolis, Minneapolis , Minnesota, U.S, Minneapolis, Federal Correctional Institution Tucson, Minnesota, Washington
LONDON (AP) — Billionaire vacuum cleaner tycoon James Dyson lost a libel lawsuit Friday against the Daily Mirror for a column that suggested he was a hypocrite who “screwed” Britain by moving his company's headquarters to Singapore after supporting the U.K.'s breakup with the European Union. A High Court judge in London said the article was opinion and rejected Dyson's claims that it was a “vicious and vitriolic” personal attack that damaged his reputation and harmed his philanthropic work encouraging young people to become engineers. “Mr Reade was not attempting to offer a window into or shine a light on the claimant’s thought processes or motivation," Justice Robert Jay wrote. "Rather, the ‘screwed his country etc.’ remark was Mr. Reade’s ‘take’ on how people would or might envisage the claimant’s actions.”The judge said Reade hadn't accused Dyson of dishonesty and had wide latitude to offer honest comment “however wounding and unbalanced” it may have been. Mirror Group Newspapers welcomed the judgment for upholding "the rights of our columnists to share honestly held opinions, even about powerful or wealthy individuals.”A Dyson spokesperson issued a statement defending its commitments to the U.K., including the employment of 3,700 people, but making no mention of the lawsuit outcome.
Persons: James Dyson, Dyson's, Brian Reade, Dyson, , ” Dyson, Reade, “ Mr Reade, Robert Jay, Reade’s, , Reade hadn't Organizations: , Daily, European Union, Sunday Times, Group Newspapers Locations: Singapore, London
The bloc has introduced several "top down" reforms in a bid to boost its capital market, but progress has been modest and it continues to lag Wall Street in terms of breadth and depth, and company listings. Rowland said the push towards a deeper capital market would also focus on "bottom up" measures, such as steps taken at the national level, or initiatives by market participants. Speeding up EU capital market reforms has become more pressing since Brexit as Britain also eases capital market rules to become more globally competitive. They need to mobilise private capital," he said, adding that some bottom-up measures were already emerging, such as Italy's capital markets law, and a green industry law in France. Regulators in Britain and globally, however, have some concerns about whether assets in private markets have valuations that properly reflect the impact of higher interest rates and inflation.
Persons: Derville Rowland, Rowland, Huw Jones, Sharon Singleton, Bernadette Baum, Emelia Organizations: Central Bank of Ireland, European Commission, EU's, Markets Union, CMU, Publicly, EU, Regulators, Thomson Locations: Britain, France
The Russian invasion of Ukraine only three months later served to provide an immediate driver for greater political unity within Europe. China, Russia and even the United States under Donald Trump have expressed dissatisfaction with institutions such as the World Trade Organization, the G7 and the United Nations. watch nowThe void is particularly apparent at the WTO, where the lack of European leadership on trade as the U.S. turned inward is particularly felt. Perhaps nothing shows the consequences of the lack of European strength in preserving these institutions than the Russian invasion of Ukraine. However, the combination of a split over Ukraine, and internal divisions within Europe, have prevented any way for Europe to play a key role with China.
Persons: Emmanuel Macron, Ursula von der Leyenââ, Pedro Sanchez Perez, Klaus Iohannis, Chancellor, Germany, Olaf Scholz, Charles Michel, Dursun, Angela Merkel, Donald Trump, Vladimir Putin, Merkel, Ursula von der Leyen, Xi Jinping Organizations: European Commission, European, European Union, Anadolu Agency, Getty, World Trade Organization, United Nations, WTO, EU, NATO, APEC Locations: Spain, Romania, Brussels, Belgium, United States, China, Europe, Russia, Ukraine, Israel, U.S, Germany, Moscow, India, Southeast Asia, EU, East, Africa
People, including Russian law enforcement officers, walk near St. Basil's Cathedral and the Kremlin's Spasskaya Tower, as a pigeon flies over Red Square in central Moscow, Russia, March 20, 2023. It was not clear from Russian media reports which foreigners the draft legislation - if it becomes law - would apply to or what the punishment would be for not adhering to the "agreement" which foreigners would have to sign upon entry to Russia. The chairman of the Duma's CIS Affairs Committee said that the draft law was well advanced and was being worked on by the interior ministry, the government, the presidential administration as well as his committee. "The draft law on the so-called 'loyalty agreement' with migrants entering the Russian Federation is in a high degree of readiness," Leonid Kalashnikov told Interfax.
Persons: Evgenia, Vladimir Putin, Putin, Leonid Kalashnikov, Kalashnikov, Lidia Kelly, Guy Faulconbridge, Andrew Osborn, Nick Macfie Organizations: REUTERS, TASS, Russian Federation, Fatherland, Nazi, Opposition, State Duma, Duma's CIS, Committee, Thomson Locations: St, Basil's, Moscow, Russia, MOSCOW, Ukraine, Soviet, Berlin, Europe, Melbourne
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