News

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Sun, 18 Nov 2018 16:42:46 GMT

Jordan's parliament passes new tax law

The highly discussed new tax law in Jordan was passed by the kingdom's lawmakers on Sunday. Due to that reason the country is set to receive IMF funding without an increase of interest rates.

Sun, 18 Nov 2018 16:42:39 GMT

Trump comments on Saudi Arabia

On Sunday, the President of the United States Donald Trump announced that despite the Khashoggi incident he wants Saudi Arabia as an ally of the US.

Sun, 18 Nov 2018 15:51:21 GMT

German firms expect difficulties in trade with the US

A survey published on Sunday revealed that nearly half of German firms are expecting trade tensions with the United States.

Sun, 18 Nov 2018 15:51:09 GMT

PM of Jordan warns about interest payments

On Sunday, the Prime Minister of Jordan warned the kingdom's lawmakers that no approving the new tax law might increase interest rate payments for the country.

Sun, 18 Nov 2018 15:13:58 GMT

Prime Minister of Jordan comments on IMF backed law

The Prime Minister of Jordan announced on Sunday that the kingdom will suffer, if the newly proposed tax law does not get approved.

Sun, 18 Nov 2018 15:13:14 GMT

Egypt and Ethiopia will host bilateral talks

On Sunday, Egyptian officials announced that they will hold talks together with Ethiopia in an effort to solve the Nile river dam dispute.

Sun, 18 Nov 2018 14:12:11 GMT

Iraq and Iran ready to sing currency swap deal

According to person familiar with the matter, the Iraqi and Iranian governments are ready to sign a currency swap deal intented to strengthen trade ties between two neighbours.

Sun, 18 Nov 2018 14:09:36 GMT

US to widen base in Papua New Guinea

The US Vice President Mike Pence stated on Saturday that America would help its ally Austrlia to enhance military base on Manus Island (Papua New Guinea) in an attemp to constrain China's ambitions in the region.

Sun, 18 Nov 2018 13:29:34 GMT

May calls to end rumors about leadership change

The Prime Minister of Britain Theresa May warned on Sunday that her resignation would mean delay of Brexit for unclear time period and asked to stop distracting her from vital week of negotiations.

Sun, 18 Nov 2018 13:21:47 GMT

Di Maio believes EU elections will help Italy

The Deputy Prime Minister of Italy Luigi Di Maio stated on Sunday that the upcoming elections into the EU Parliament would inevitably change political landscape and, as a result, help the country to settle the budget issue with the EU Commission.

Sun, 18 Nov 2018 12:15:06 GMT

Raab calls to change approach to Brexit

The Britain's ex-Brexit Mnister Dominic Raab stated on Sunday that Brexit deal negotiated by the country's Prime Minister Theresa May contained multiple flaws, yet she still has time to change course.

Sun, 18 Nov 2018 12:11:53 GMT

Markus Soeder to run for CSU chair

The Minister President of Bavaria Markus Soeder announced on Sunday his plans to run for the post of head of the Bavarian CSU conservative party.

Sun, 18 Nov 2018 11:13:33 GMT

May says next week is decisive for Britain

The Prime Minister Theresa May emphasized on Sunday that next week would be vital for the country's future, as Parliament needs to decide whether to accept her Brexit deal or not.

Sun, 18 Nov 2018 11:06:25 GMT

Corbyn says second referendum on Brexit is not for today

The UK opposition Labour Party leader Jeremy Corbyn stated on Saturday that second referendum on Brexit is likely to happen in future, yet it was not an option for today as situation remains so unclear.

Sun, 18 Nov 2018 09:59:42 GMT

VW seen to be most profitable EV manufacturer

Volkswagen's CEO Herbert Diess stated it was expecting the multi-brand automaking company to become the most profitable producer of electric vehicles owing to economies of scale.

Sun, 18 Nov 2018 09:53:48 GMT

Dassault, Airbus nears bid for initial work on fighter jet

France's Dassault Aviation and the Dutch group Airbus are preparing to submit an unsolicited bid to the French and German authorities for an early conceptual work on the next-generation fighter jet.

Sun, 18 Nov 2018 09:39:30 GMT

Delta orders ten extra Airbus A330neo long-haul jets

Delta Air Lines, the American carrier, added ten new Airbus A330neo long-haul jets for a potential value of $3.0B or less, in boost to the Airbus' slow-selling aircraft.

Sun, 18 Nov 2018 09:34:57 GMT

Britain's Ineos considers buying Conoco North Sea assets

The UK petrochemicals firm Ineos has entered the exclusive talks with the US energy company ConocoPhillips to acquire its North Sea gas and oil fields worth $3.0B, according to the Sunday Times newspaper.

Sun, 18 Nov 2018 07:59:20 GMT

Theresa May comments on Brexit

On Sunday, the Prime Minister of the United Kingdom Theresa May announced that there are no alternatives to her version of the Brexit deal.

Sun, 18 Nov 2018 07:58:50 GMT

China issues loans to Tonga

As the small pacific nation of Tonga has agreed to the China's Belt and Road initiative, China has issued loans to the country.

Sun, 18 Nov 2018 07:33:06 GMT

French protestors rally against Macron's taxes

Thousands of French citizens gathered on Sunday to protest Emmanuel Macron's new economic policies by blocking traffic.

Sun, 18 Nov 2018 07:32:37 GMT

APEC meetings fails to reach consensus

On Sunday, it was announced by Chinese officials that the leaders of the Asia Pacific Economic Cooperation forum have failed to solve the issues among them.

Sun, 18 Nov 2018 05:42:27 GMT

Interpol renews warrant for MOL's CEO

On Sunday, the representatives of the international police Interpol renewed the arrest warrant for the head of the Hungarian energy group MOL.

Sun, 18 Nov 2018 05:42:20 GMT

US pledges electricity to Papua New Guinea

The officials of the United States on Sunday announced a $1.7 billion plan to provide electric power to Papua New Guinea in an effort to counter China's debt financing effort in the region.

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