NEW YORK, (APP): Donald Trump’s spokeswoman insisted Monday evening that, despite comments from the presumptive presidential nominee himself, his position on banning Muslims is in no way changing. Trump, speaking from his new resort in Scotland over the weekend, had suggested the highly-controversial ban would no longer include all Muslims, telling reporters it “wouldn’t bother” […]
International News
Trump’s spokeswoman denies shift on Muslim ban
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IMF praises Pakistan government’s commitment to fiscal consolidation
WASHINGTON, (APP): The International Monetary Fund has praised commitment of Pakistan’s government to strengthen country’s fiscal position, saying the economic recovery and macroeconomic stability has further receded short-term vulnerabilities. In a statement issued after the meeting of the Executive Board in Washington, IMF’s Deputy Managing Director Mitsuhiro Furusawa emphasized the need of preserving and consolidating […]
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Pound sinks but stocks bounce after Brexit vote
HONG KONG, (APP/AFP) – The pound fell Monday to around 30-year lows but most Asian stock markets rebounded from hefty losses fuelled by Britain’s decision to leave the European Union, despite fears of months of uncertainty. Sterling plunged two percent in early Asian trading before paring losses as dealers rushed into safe assets, although Japan’s […]
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UK ‘should only trigger Article 50’ to leave EU when ready
LONDON, (APP/AFP) – Britain should only trigger Article 50 to leave the EU when it has a “clear view” of how its future in the bloc looks, finance minister George Osborne said Monday following last week’s shock referendum. The surprise decision to leave the EU sparked the resignation of Prime Minister David Cameron, who had […]
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Clinton swipes at Trump over Brexit
WASHINGTON, (APP/AFP) – Democrat Hillary Clinton on Sunday took a swipe at Republican rival Donald Trump’s stance on Brexit, saying that “bombastic comments” do more harm than good during such times. Trump has hailed Britain’s vote to leave the European Union as “fantastic,” telling reporters during a visit to Scotland on Friday that he thinks […]
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From Grexit to Brexit: Eurosceptics claim their -exit
PARIS, (APP/AFP) – It started with “Grexit” — the long trumpeted but never realised axing of Greece from the European Union. It was then reborn as “Brexit” as Britain started down the — this time voluntary — path of leaving the bloc. The “-exit” formulation was coined by two economists from US financial giant Citigroup […]