Author: synergia
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Parliament moves to delay Brexit
The British Parliament is moving closer to a plan to delay Brexit in order to stop the country dropping out of the European Union with no deal and avoid the risk of an economically damaging divorce. The March 29, 2019 deadline was expected to arrive without a firm exit deal for Britain after the recent…
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Qatar to support Lebanese economy with $500m
Qatar plans to buy $500 million worth of Lebanese sovereign bonds to support Lebanon’s economy. Lebanon has one of the world’s highest levels of public debt compared to GDP and stagnant growth. Lebanon is a developing economy, with a private sector that contributes to 75 per cent of..
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Jet’s failure casts shadow over government
India’s Prime Minister Narendra Modi rode to power five years ago on his business-friendly credentials and the promise of generating millions of jobs. Now an airline is on the verge of collapse, bringing Modi’s image under attack just months before national elections. Jet Airways is a…
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France summons Italian envoy over comment
France has summoned Italy’s ambassador to protest about comments by Italian Deputy Prime Minister Luigi Di Maio, who accused Paris of continuing to colonize Africa and causing people to migrate from the continent. Decolonization is the undoing of colonialism, the latter being the process whereby a nation establishes and maintains its domination over one or..
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The widening inequality in the world
The new Oxfam International report reveals that 26 richest people own the same wealth as the poorest half of humanity, indicating a widening in the concentration of the world’s wealth. Oxfam is a confederation of 20 independent charitable organisations that..
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GDPR strikes Google
France fines the tech giant 50 billion Euros under the EU’s new privacy regulations, the General Data Protection Regulation, which was implemented in May 2018. Google is the first major tech company to be fined since the induction of GDPR rules. The General Data Protection Regulation (GDPR) is a regulation in EU law on data…
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Greece protests against Macedonia deal
Protesters have clashed with police in the Greek capital Athens at a big rally to oppose the government’s deal with Macedonia on changing its name. The deal, which is yet to be approved, designates Greece’s northern neighbour as the Republic of North Macedonia. The use of the name..
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Israel targets Iranian ground assets
Israel says it has hit Iranian targets around the Syrian capital, Damascus. The Israel Defense Forces say the overnight operation targeted the elite Quds Force of the Iranian Revolutionary Guards, as well as Syrian air defences. The Syrian Civil War has been going on since 2011. It began during..
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Good Friday deal to be amended?
British Prime Minister Theresa May is considering solving the Brexit deadlock by amending the Good Friday Agreement (GFA) after abandoning attempts to negotiate a cross-party deal. The Good Friday Agreement (GFA) is a British-Irish agreement signed April 10, 1999, as part of Northern Ireland Peace process which opened up the…
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France will stay ‘military engaged’ in Middle East
French President Emmanuel Macron stated that France would continue to remain ‘militarily engaged’ in the Middle East region through 2019. This comes at a time when the US is preparing to withdraw its troops from Syria after claiming defeat of ISIS. The United States…