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Sunday, June 30, 2019

Saudis and their lobbyists risk losing access to EU Parliament - by Nikolaj Nielsen

Earlier this year, the former defence minister of France, Michele Alliot-Marie, chaired a backroom meeting with a half dozen Saudi ambassadors at the European Parliament.

That meeting was part of a so-called training programme organised by the College of Europe, an academic institution part-funded by the European Union and based out of Bruges in Belgium.

The college received Saudi money for the effort and then attacked the media for reporting the behind closed door meeting between the ambassadors and MEPs as lobbying.

France is also the world's third-largest weapons exporter with Riyadh as one of its biggest clients. The regime late last year murdered critical journalist Jamal Khashoggi inside the Saudi consulate in Istanbul.

Now pressure is mounting to ban all Saudi diplomats, as well as any organisation that represents them, from entering the European Parliament again.

Read more at: Saudis and their lobbyists risk losing access to EU Parliament

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Friday, June 28, 2019

G20: Crunch time at G20 as US-China trade showdown looms

After a first day dominated by public shows of bonhomie, all eyes at the G20 Saturday turn to a pivotal trade showdown between economic rivals China and the United States
.
US President Donald Trump and China's Xi Jinping meet at around 11:30 am (0230 GMT) in a bid to thrash out a truce in a long-running trade war that has seen hundreds of billions of dollars in tit-for-tat tariffs.

Read more at: Crunch time at G20 as US-China trade showdown looms | AFP.com

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Monday, June 24, 2019

G-20 Summit: US and China Pre-Meeting Negotiation E$ffgorts

The sides were seeking to “consolidate the important consensus reached between the two leaders” in a telephone call last week, Wang Shouwen, a Commerce Ministry vice minister, told reporters.

Wang gave no details about specific issues under discussion. Kevin Rudd: Where will it end? The US-China trade war and the threat to the global economy. Trump and Xi may strike trade deal at G-20 but a deeper decoupling has barely begun. https://t.co/BrOM0DjdSy pic.twitter.com/SYr2hQqcaW

Read more at: G-20 Summit: US and China Pre-Meeting Negotiation Efforts

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Sunday, June 23, 2019

USA,: Trumps economic plan for Mideast met widespread rejection

Trump's economic plan for Mideast peace met with widespread rejection

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Saturday, June 22, 2019

Britain: suspends new arms sales to Saudi Arabia

UK government suspends new arms sales to Saudi Arabia after court ruling

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Friday, June 21, 2019

US Economy: US Fed says large banks prepared to withstand economic crisis

Major banks operating in the United States would be able to withstand a severe global economic crisis with funds to spare, the Federal Reserve said on Friday (Jun 21).

The Fed announced the results of its annual bank stress tests, showing the 18 largest financial institutions would suffer losses but still have enough of a capital buffer to continue operating.

Read more: US Fed says large banks prepared to withstand economic crisis - CNA

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Thursday, June 20, 2019

Global Tourism: while some cities around the world want more tourist, many don't

Tourist overload: Some world destinations want more visitors - and some really, really don't.

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