World News

EU's Tusk accuses Johnson of 'stupid' Brexit blame game

EU's Tusk accuses Johnson of 'stupid' Brexit blame game

GBP/AUD Exchange Rate Falls as No-Deal Brexit Fears Increase The Pound Australian Dollar (GBP/AUD) exchange rate fell by 0.6% today, with the pairing now trading around AU$1.813 after UK-EU talks came to the brink of collapse after this morning's talks between Prime Minister Boris Johnson and German Chancellor Angela Merkel, which European Council President Donald Tusk said had succumbed to Boris" "stupid blame game'.

The BBC first reported that Downing Street has now concluded that a Brexit deal is "essentially impossible" after Merkel told Johnson in a phone call on Tuesday that a deal based on the UK's latest Brexit proposals was unlikely.

In Berlin, Merkel's office confirmed the chancellor spoke by telephone to Johnson but said it would not comment "on such confidential discussions".

The GBP/USD currency pair today fell after reports that a phone call between Boris Johnson and the German Chancellor had made a Brexit deal nearly impossible.

Amber Rudd, a former Conservative cabinet minister, who resigned earlier this month due to the governmental response to Brexit, stated that the language which had been used by Johnson was "angry and desperate" and encouraged him to resolve the issue with "dignity and diplomacy". You don't want a deal, you don't want an extension, you don't want to revoke.

European Commission spokeswoman Mina Andreeva stressed that the Brussels is still "working for a deal" and technical talks are continuing.

What raised his ire was a London anonymous government debrief which said that the European Union was now "willing to torpedo the Good Friday Agreement", which has kept the peace on the island of Ireland for the past two decade, and claimed that European Union made sure that "a deal is essentially impossible".

"I came here in the confident hope of hearing proposals that could take negotiations forward".

UK Prime Minister Boris Johnson was among the main pro-Brexit figures before the 2016 referendum and has remained a staunch believer that an exit from the European Union will be beneficial to Britain.

More news: State investigating more than 20 lung injury cases potentially linked to vaping

BRUSSELS-Brexit negotiations between the European Union and United Kingdom descended into acrimony October 8 as both sides blamed each other for ruining any chance of reaching a deal later this month.

A statement by Irish foreign minister Simon Coveney indicating that the British government was not committed to negotiating a Brexit deal also affected the pair.

Lord Pentland was asked to consider the effects of the Benn Act - legislation passed by MPs with the intention of preventing the United Kingdom leaving the European Union (EU) without a deal on October 31.

"We are leaving the European Union", the source said.

A supply at Quantity 10 referred to as it a "clarifying moment" and stated this meant Brexit deal would by no means be potential with the EU.

French President Emmanuel Macron has said the European Union will assess by Friday whether a deal is possible.

Brexit developments, meanwhile, will continue to drive the GPB/AUD exchange rate this week.

"So the main effect of it will probably be to help us win an election by uniting the leave vote and then a no-deal Brexit". At current levels, the pound is pricing in a delay to Brexit beyond the October 31 level, and a degree of hope for a last-minute agreement with Brussels, Foley said. We desire a deal.


  • US seeks to blacklist Chinese artificial intelligence firms

    US seeks to blacklist Chinese artificial intelligence firms

    Reuters reported in August Hikvision receives almost 30 percent of its 50 billion yuan (US$7 billion) in revenue from overseas. The US said the companies' artificial intelligence technologies have been used for "human rights violations and abuses".
    Djokovic crushes Millman in Japan Open final

    Djokovic crushes Millman in Japan Open final

    Tennis matches at the Tokyo Olympics will start roughly two weeks after Wimbledon ends, putting extra pressure on top players. Millman will face Djokovic, a 6-3 6-4 victor over third-seeded Belgian David Goffin , the 2017 champion.
    Huge Typhoon Could Threaten Ireland’s Chances Of Reaching Quarter-Finals

    Huge Typhoon Could Threaten Ireland’s Chances Of Reaching Quarter-Finals

    World Rugby insists it has a "robust contingency plan in place" should the adverse weather impact tournament fixtures. But Scotland prop Gordon Reid appeared to not be bothered at all of being pelted by torrential rain at the weekend.
  • Carter back up after suffering from fall

    Carter back up after suffering from fall

    Gripping the podium, Carter began his address by acknowledging his fall while getting ready to go to church on Sunday morning. Carter said he needed stitches after falling. "I think I have been as blessed as any human being in the world", he said.
    USA  detained almost  one million migrants in 12 months

    USA detained almost one million migrants in 12 months

    Castro says his main goal is to provide help to a group of migrants, a lot of them from the LGBTQ community. If elected, he said, Castro would put an end to this policy "immediately".
    Here's how to enable dark mode on Instagram

    Here's how to enable dark mode on Instagram

    The setting is an extension of iOS' system-wide dark mode, and Instagram has basically revamped its UI to match the theme. If you haven't received it yet, go into the App Store and select the Instagram app to see if the update is available.
  • Almost  800,000 PG&E Customers Brace for Largest Power Shut-Off Ever

    Almost 800,000 PG&E Customers Brace for Largest Power Shut-Off Ever

    PG&E plans to post alerts on its website , on social media , and send out emails, texts, and automated calls. Customers can find the full list of impacted counties, cities and communities at www.pge.com/pspsupdates .
    Trump says despite pullout plan U.S.  has not 'abandoned the Kurds'

    Trump says despite pullout plan U.S. has not 'abandoned the Kurds'

    The U.S. then partnered with the Kurdish fighters to fight the Islamic State group, at the cost of thousands of fighters' lives. Last year Turkey launched an attack on the Syrian Kurdish enclave of Afrin, leading to the displacement of some 300,000 people.
    Dick's CEO: $5 million worth of assault rifles turned into scrap metal

    Dick's CEO: $5 million worth of assault rifles turned into scrap metal

    Other companies, such as CVS, Kroger and Walgreens joined Walmart in asking customers to bring guns into their store. He said this was done without any announcement from the company and that the company received some backlash.
  • Meat produced in space

    Meat produced in space

    Amidst rising food demands and imminent environmental issues, other companies are seeking ways to produce meat in the lab. Get our weekly newsletter directly in your inbox! Four years later, meat is being grown in space as well.
    Hong Kong's leader defends ban on face masks

    Hong Kong's leader defends ban on face masks

    In 2016, Commerce and Economic Development Secretary Gregory So said some 64,000 Israelis had visited Hong Kong the year before. But while the French protests have all but fizzled out, Hong Kong's anti-government revolt is in full swing.

    "Wish I Could Follow Xi Jinping's Example, Jail The Corrupt": Imran Khan

    Chairman of Board Orient Holdings Group Limited Jiang Xueming also called on the prime minister and discussed industrial matters. The minister announced that the CPEC Authority would be made operational immediately as it had been approved by the cabinet.