Turkey’s crisis shows the danger of mixing politics with economics August 17, 2018 There is a longstanding debate about the proper relationship between politics and economics. While many economists maintain that their discipline is a “neutral science” that deals in facts rather than values, politicians have long sought to use economics for their own ends. The financial crisis in Turkey is a perfect example of what happens when [...]
Turkish President Erdogan says collapse in lira a political plot against the country August 16, 2018 Turkish President Recep Tayyip Erdogan said today that the collapse in the value of the Turkish lira was a political plot against the country. Speaking to a crowd of supporters in the Black Sea coastal city of Trabzon, Erdogan said: “What is the reason for all this storm in a tea cup? There is no [...]
Turkish President Erdogan says collapse in lira a political plot against the country August 12, 2018 Turkish President Recep Tayyip Erdogan said today that the collapse in the value of the Turkish lira was a political plot against the country. Speaking to a crowd of supporters in the Black Sea coastal city of Trabzon, Erdogan said: “What is the reason for all this storm in a tea cup? There is no [...]
A new Premier League season is upon us: Here are 5 key rule changes that may affect how the campaign transpires | City A.M. August 10, 2018 With a new Premier League season upon us, how will fans, players and managers react to a plethora of adaptations in the rule book? Here are five key changes for this campaign. VAR or no VAR? The Video Assistant Referee (VAR) has been excluded for this Premier League season, amid ongoing controversy over its usage. [...]
Russia hits out at ‘unacceptable’ US sanctions and warns of retaliation August 9, 2018 Russia is planning retaliatory measures against sanctions imposed by the US over the poisoning of former spy Sergei Skripal, which caused the rouble to fall to its lowest level since November 2016 today. Foreign ministry spokeswoman Maria Zakharova said today that Moscow was starting to work on measures following Washington’s decision to impose sanctions, which [...]
Russia plans retaliatory measures against ‘categorically unacceptable’ Novichok sanctions as rouble tumbles | City A.M. August 9, 2018 Russia is planning retaliatory measures against sanctions imposed by the US over the poisoning of former spy Sergei Skripal, which caused the rouble to fall to its lowest level since November 2016 this morning. Foreign ministry spokeswoman Maria Zakharova said this afternoon that Moscow was starting to work on measures following Washington’s decision to impose [...]
European leaders hit back at Trump over Iran sanctions | City A.M. August 6, 2018 European leaders hit back today at US President Donald Trump’s decision to reimpose sanctions on Iran which will take effect tonight. A joint statement from the UK, French, German and EU foreign ministers said they “deeply regret” the US decision to pull out of the Iran nuclear deal. Trump has repeatedly railed against the agreement [...]
Europe stands ground over US-Iran feud August 6, 2018 European leaders hit back yesterday at US President Donald Trump’s decision to reimpose sanctions on Iran, which took effect tonight. A joint statement from the UK, French, German and EU foreign ministers said they “deeply regret” the US decision to pull out of the Iran nuclear deal. Trump has repeatedly railed against the agreement signed [...]
China ready to open talks with UK on post-Brexit free trade deal, says Jeremy Hunt | City A.M. July 30, 2018 China has signalled it is ready to open discussions on a possible free trade deal with Britain once it leaves the EU, the foreign secretary has said. Jeremy Hunt is on his first overseas visit as foreign secretary after he was appointed to succeed Boris Johnson, who resigned in protest at Theresa May’s Brexit Chequers [...]
Saudi Arabia tanker attack edges up oil prices despite dip in the dollar | City A.M. July 26, 2018 Crude prices edged up earlier today following an attack on Saudi Arabian tankers in the Red Sea. A strategic shipping lane was temporarily halted after Iranian-backed Houthi rebels attacked two large oil tankers, closing off one of Saudi Arabia’s major export channels. Read more: Premier Oil approves key project as output slows Brent crude oil [...]