CBI director general John Cridland says the government risks sending a worrying signal to businesses over renewable subsidies September 22, 2015 Certainty and clarity of direction are critical to developing long-term business investment in low-carbon markets, the director general of the Confederation of British Industry. Speaking in London next to former vice president of the US Al Gore, John Cridland said the world needs to keep up momentum on finding a global solution, by building on [...]
Alexis Tsipras sworn in as Greek prime minister after Syriza’s shock election victory September 22, 2015 Alexis Tsipras was sworn in tonight for a second term as Greek prime minister, having secured a surprisingly strong victory in the country's snap elections yesterday. Tsipras is expected to use his second term to revive Greece's banks and its crippled economy, while demanding debt relief from creditors, an official told Reuters. He was given a [...]
Yanis Varoufakis to Matteo Renzi: Europe bullied and blackmailed Alexis Tsipras, but you still haven’t got rid of me September 22, 2015 Greece's former finance minister and one-time golden boy Yanis Varoufakis has hit back at his critics, claiming Europe's leaders 'bullied' Alexis Tsipras into agreeing the final terms of the bailout this summer. In an open letter to Italian Prime Minister Matteo Renzi, the game theorist claims Tsipras was subject to "unbearable bullying, to naked blackmail, [...]
Greek election September 2015 results: Syriza might have won, but turnout falls and Alexis Tsipras’ share of the votes cast has dropped September 22, 2015 Greek Prime Minister Alexis Tsipras has hailed a clear victory and claims he feels “vindicated” after winning Sunday’s general election, designed to garner a fresh mandate. https://twitter.com/tsipras_eu/status/645691361753063424 Polls had the race between Tsipras' Syriza party and the centre-right group New Democracy as much closer than it transpired. He heralded the result as "a mandate to [...]
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 [...]