Trump backs Saudi Arabia regardless of whether Crown Prince was aware of Khashoggi murder plot November 21, 2018 President Donald Trump has said the US would remain a "steadfast partner" of Saudi Arabia whether or not its leader was aware of the assassination plot of journalist Jamal Khashoggi. Repeating claims from Saudi representatives that the Washington Post journalist was an “enemy of the state”, Trump said the US would stand with the country regardless of whether [...]
Given the upcoming Brexit hurdles, what’s in store for sterling? November 21, 2018 The long-awaited draft withdrawal agreement was unveiled last Wednesday, and for a fleeting moment, it felt like we were finally getting somewhere. News that Theresa May had reached a deal pushed the pound up a notch against the dollar. But, as is often the case with anything Brexit-related, optimism was short-lived. May’s deal was fiercely [...]
Whatever the CIA says, the west could turn a blind eye over Khashoggi’s murder November 21, 2018 The murder of Saudi journalist Jamal Khashoggi has put a strain on political and economic relations between Saudi Arabia and the west. On Sunday, word came that the CIA blamed Saudi Crown Prince Mohammed bin Salman for the murder, with sources close to the agency saying that it had assessed the evidence in detail. The [...]
This Thanksgiving, be grateful for the political freedom to campaign November 21, 2018 Tomorrow is the fourth Thursday in November, so Americans, in the US and across the world, will be celebrating Thanksgiving. Whenever I have been invited to Thanksgiving dinners, one of my favourite traditions is when everyone sitting around the table mentions something which they are grateful for in their lives. People often mention something personal [...]
Life under Network Rail offers a glimpse of the future if Corbyn were left in charge November 21, 2018 The shambles that is Network Rail continues to blight our lives. City A.M. readers may have experienced the cancellation of many services into Waterloo on Monday, due to engineering works overrunning. Even the best-laid plans can go astray. But this week was not just a one-off event. It seems to be a permanent feature of [...]
Hilary Ineomo-Marcus detained near Heathrow following Kweku Adoboli deportation – surely it’s time for the Home Office to re-think its approach November 20, 2018 Former rogue trader Kweku Adoboli was deported last week, the Home Office insisting on removing the man who sensationally lost UBS £1.8bn between 2008 and 2011. Two days earlier, City A.M. argued that his case, alongside that of a south Londoner named Hilary Ineomo-Marcus, demonstrated flaws in the government's blunt approach to the deportation of foreign [...]
Should other countries take a leaf out of Trump’s economic playbook? November 20, 2018 | City Talk Global growth in 2017 was characterised by synchronised expansion by the world’s major economies. This was largely because robust global trade growth created a rising tide that lifted all boats. Since global trade has waned in 2018, economic growth has become less coordinated. While China, Europe and Japan have all seen their growth rates cool, [...]
Max fac is back to help solve Irish backstop worries, Downing Street reveals November 20, 2018 Theresa May is reviving plans to use technology to prevent a hard border with Ireland in a bid to win support for her under-fire Brexit deal. The so-called maximum facilitation proposal – dubbed ‘max fac’ – was one of the customs arrangements considered by the Government last year before being dismissed. It has support among [...]
Jacob Rees-Mogg admits no confidence letters are drying up in plot to oust Theresa May November 20, 2018 Jacob Rees-Mogg has admitted the ousting of Theresa May may have to wait until next month after the Brexiter plot ran out of steam this week. The high-profile Brexiter, chairman of the European Research Group of Tory MPs, used an impromptu press conference last Thursday to announce he would be putting in a letter of [...]
Ivanka Trump reportedly sent hundreds of White House emails from private account November 20, 2018 Ivanka Trump sent hundreds of emails about government business from a personal email account, it is reported. President Trump’s daughter, who works as an adviser to her father in his administration, reportedly breached federal records rules with many of the messages sent to White House aides, officials and her assistants. The Washington Post said yesterday [...]