By: James Nickerson

I am a reporter at City A.M. looking at the stories, people and data behind political events from the UK, Europe and further afield. I also write about infrastructure and transport, as well as broader issues around global business.

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Argentina makes $4.65bn deal with holdout creditors pathing the way for return to international capital markets

February 29, 2016

Argentina has finally come to an agreement in principal with a group of holdout creditors to end a 15-year legal fight over defaulted debt. The country will pay the group $4.65bn, which is close to 75 per cent of the full judgements, including the principal and interest, according to Bloomberg. The agreement is expected to clear [...]
First Minister Nicola Sturgeon says to make change in Europe we must remain in the EU ahead of June referendum

February 29, 2016

First Minister Nicola Sturgeon desperately wants the United Kingdom to vote to remain in the European Union, arguing it is the only way to make real change. Speaking at the Resolution Foundation, Sturgeon said that if the UK is to influence positive change in Europe, we must remain within the EU. Sturgeon echoed other Remain campaigners [...]
Labour party signs up former Greek finance minister Yanis Varoufakis to advisory role

February 29, 2016

Former Greek finance minister Yanis Varoufakis just couldn't stay away from the political arena. After having left his position in the government and started his own political movement, he's now taking a role advising the Labour party. Supporting Her Majesty's Most Loyal Opposition, Varoufakis will be advising Labour in "some capacity" due to his experience in dealing [...]
US Presidential Election 2016 odds: Donald Trump versus Hillary Clinton looks like a done deal, says bookmaker

February 28, 2016

As Donald Trump becomes ever more dominant and after Hillary Clinton convincingly swept to her third primary win, one bookmaker now thinks a Clinton versus Trump showdown is a done deal. William Hill now thinks that Clinton and Trump are so far ahead of their rivals in the nomination stakes that they look past the post. [...]
Richard Pease is suing Henderson as he alleges it breached the terms of his contract

February 28, 2016

Star fund manager Richard Pease is suing his former fund management house Henderson, alleging it broke the terms of his contract. Pease claims that Henderson breached his contract by withholding some payments when he departed the company. He alleges that Henderson "failed and refused" to pay him £2.7m that he earned between 2012 and 2014. [...]
Zain Saudi Arabia posts strong results as it undertakes operational efficiency initiatives

February 28, 2016

Zain Saudi Arabia has posted growing revenue and record gross profit for the year ending 31 December, with the company breaking even at an operating level for the first time since the company's inception. The Kuwait-based telecoms operator reported revenues having grown by nine per cent to 6,741m riyals (£1.3bn), with net losses narrowing by 23 per [...]
EU referendum: Work and Pensions secretary Iain Duncan Smith says UK could make trade deal with EU in event of Brexit

February 28, 2016

The United Kingdom will trade with the European Union even if it votes for Brexit, Work and Pensions secretary Iain Duncan Smith has said, as he lambasted the union as a political project. Speaking to BBC's The Andrew Marr Show, Duncan Smith said the EU is an important trading partner and it would want to [...]
EU referendum: Shadow business secretary Angela Eagle says Labour is not split on EU but the Conservatives are in “meltdown”

February 28, 2016

The Labour party is not split on the question of the United Kingdom's membership of the European Union, in stark contrast to the Conservative party, the shadow business secretary has said. Angela Eagle said Labour is "not split down the middle like the Conservative party" which is "in meltdown" over the EU, adding that the Labour party is [...]
EU referendum: Top civil servant Jeremy Heywood to face MPs on why pro-Leave ministers are denied access to government papers

February 28, 2016

The United Kingdom's top civil servant is to face a grilling by MPs over why ministers supporting Brexit are being denied access to government papers ahead of the impending EU referendum. Sir Jeremy Haywood has been called by the Public Administration Select Committee on Tuesday to explain the guidance that he issued last week. Read more: 42 per cent [...]
US Presidential Election 2016: Hillary Clinton wins overwhelmingly over Bernie Sanders in South Carolina

February 28, 2016

Hillary Clinton has overwhelmingly won over senator Bernie Sanders in South Carolina, closing in on the Democrat nomination. Clinton stormed to victory with 73.5 per cent of the vote, compared to Sanders' 26 per cent. Though Clinton was widely expected to win the primary, the vote gives her momentum moving into "Super Tuesday", when 11 states and [...]

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By: James Nickerson

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