Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday. Trade conflicts are undercutting investment and weakening manufacturing, and the IMF urged countries ...
Voting for new U.K. prime minister ends amid Brexit foreboding
Voting closed Monday in the two-man contest to become Britain's next prime minister, as critics of likely winner Boris Johnson condemned his vow to take the U.K. out of the European Union with or without a divorce deal. Members of the governing Conservative Party had ...
Boris Johnson says technology can enable trade deal that breaks Brexit deadlock
Boris Johnson, favored to become Britain's new prime minister, said on Sunday the country could reach a free trade deal to leave the European Union that would remove the need for one of the more problematic parts of a previous agreement. In his weekly column ...
Britain's bookish 'Spreadsheet Phil' Hammond turns unlikely resistance chief
Philip Hammond's decision to resign as Britain's finance minister should Boris Johnson become prime minister thrusts him into the front-lines of a brewing internal revolt against the likely incoming leader. The 63-year-old Oxford University graduate is one of Britain's most respected ministers among European leaders ...
SOS Mediterranee relaunches migrant rescue missions off Libya
Humanitarian group SOS Mediterranee said Sunday it has relaunched rescue efforts off Libya seven months after it abandoned operations using its ship Aquarius and despite a refusal by European ports to accept the migrants. The Norwegian-flagged Ocean Viking will "conduct search and rescue activities in ...
Demonstrators launch 'Boris blimp' during pro-EU rally near British Parliament
Opponents of Britain's exit from the EU hoisted a "Boris blimp" portraying the U.K.'s likely next prime minister as a crying child as they demonstrated outside Parliament on Saturday. Boris Johnson, a former London mayor, has been one of the figureheads of the movement to ...
Britain braces for maverick Boris Johnson being appointed prime minister
Supporters of Boris Johnson, who looks certain to become the next British prime minister, hail his optimistic vision for post-Brexit Britain and insist he will have a team to take care of the details. "If he's got good people around him, he'll be fine," said ...
Ex-Russian arms tycoon quietly wields influence in British leadership race
A former Russian arms tycoon who had connections at the highest levels of the Kremlin is a major donor to Britain's ruling Conservative Party and counts himself a friend of the man expected to be the country's next prime minister. Alexander Temerko, who forged close ...
No-deal Brexit looms as race for new British prime minister wraps up
The battle to become Britain's next prime minister enters the home stretch on Wednesday with both candidates hardening their positions on Brexit, putting the future government on a collision course with Brussels. Ex-London Mayor Boris Johnson, the favorite to replace Theresa May, and Foreign Secretary ...
U.S. objections to French tech tax overshadow G-7 finance meet
The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies this week on issues ranging from digital currencies to trade. As finance ministers from the Group of Seven rich ...
Turkey will drill for gas until Greek Cypriots accept plan: minister
Turkey will continue drilling for gas in waters off Cyprus if the internationally recognized Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday. Mevlut Cavusoglu said a proposal by Turkish Cypriot leader Mustafa Akinci ...
U.K. Parliament flexes muscle as Boris Johnson doubles down on no-deal Brexit
Members of Britain's Parliament delivered a sharp warning to the country's next prime minister: They will not allow him to pursue a no-deal Brexit without a fight. In a dramatic result Tuesday evening, MPs narrowly passed a measure aimed at stopping the U.K.'s future leader ...
