Yanis Varoufakis says Greek prime minister Alexis Tsipras now has “negligible” negotiation power September 22, 2015 Former Greek finance minister Yanis Varoufakis has doubted the ability of Greek prime minister Alexis Tsipras to deliver on key promises in his second term. The economics professor, whose research focus is game theory, said Tsipras has limited scope to renegotiate the details of the agreement and barter for debt relief. "Voters supported Tsipras because he appeared the [...]
EU migrant crisis: EU interior ministers to meet to discuss binding quotas September 22, 2015 European ministers will meet later today to attempt to come to a decision on how to relocate 120,000 asylum seekers who are already in Europe. The meeting in Brussels later today is an attempt to reach a consensus ahead of a meeting tomorrow of European leaders. Read more: The European Parliament has approved a relocation [...]
Republican Scott Walker to drop out of 2016 presidential race September 21, 2015 Republican governor Scott Walker of Wisconsin is planning to drop out of the 2016 presidential race, according to media reports. Sources told the New York Times that difficulties raising money, bought about by his decline in the polls, mean Walker is no longer vying for the Republican presidential nomination. He was towards the top of [...]
Independent Catalonia would have to leave Eurozone says central bank September 21, 2015 An independent Catalonia would face almost certain ejection from the Eurozone, and the collapse of its banking system, the head of the Spanish central bank warned today. "The exit from the euro is automatic, the exit from the European Union is implied," Bank of Spain chief Luis Maria Linde said during an event in Madrid [...]
New polls show voters don’t think Jeremy Corbyn is cut out to be Prime Minister September 21, 2015 The honeymoon is over. Just one week after being elected leader of the Labour party, Jeremy Corbyn has been hit with a series of new public opinion polls showing that the wider electorate is rejecting the Islington North MP and his far-left policies. Corbyn decidedly won the Labour leadership contest with 59.5 per cent of the first-preference votes. But [...]
Tom Watson: Leaving Labour for Liberal Democrats is “like quitting Beatles for Bananarama tribute band” September 21, 2015 Leaving Labour for the Liberal Democrats would be like "quitting the Beatles for a Bananarama tribute band", Tom Watson has said. Speaking on the Today Programme this morning Watson rubbished claims that a number of Labour MPs were unhappy with the new direction of the party under Jeremy Corbyn. He said: "I don't think anyone [...]
Brexit “ridiculous” says Hitachi boss Hiroaki Nakanishi – but admits it’s not a deal-breaker September 21, 2015 The idea of the UK leaving the European Union is "ridiculous", the boss of Japanese conglomerate Hitachi has said, urging the Prime Minister not to break with the trading bloc. Hiroaki Nakanishi, the chairman and chief executive of Hitachi, has discussed the thorny issue of Brexit with David Cameron and chancellor George Osborne, as well [...]
Jeremy Corbyn outlines “People’s Railway” rail renationalisation policy September 21, 2015 Jeremy Corbyn has revealed his first significant policy a week into his new job as leader of the Labour party – the creation of a "People's Railway". Corbyn has outlined plans to renationalise Britain's railways in a step by step, "line-by-line" process, he told the Independent on Sunday. “We know there is overwhelming support from [...]
Jeremy Corbyn to set out plans to renationalise the railways at Labour Party Conference 2015 September 21, 2015 Newly-elected Labour leader Jeremy Corbyn is expected to set out details of his plan to renationalise the railways at next week’s Labour party conference. Corbyn, who has previously said the railways should be renationalised along with Royal Mail and other entities previously owned by the government, is expected to reveal plans for bringing the [...]
Labour MPs could go against Corbyn and back Syria strikes September 21, 2015 The Labour party could back Prime Minister David Cameron’s proposals to launch airstrikes in Syria, despite staunch opposition from the party’s new leader, Jeremy Corbyn. Shadow foreign secretary Hilary Benn said yesterday that Labour would only make a decision on whether to support strikes after Cameron sets out his proposals. Benn told the BBC: “What [...]