Around the Globe

Around the Globe

US Embassy in Israel to move to Jerusalem by end of 2019: Pence

The US Embassy in Israel will move to Jerusalem by the end of 2019, US Vice President Mike Pence said in a speech to the Israeli parliament on Monday that highlighted a policy shift that has stoked Palestinian anger and international concern. resident Donald Trump last month recognised Jerusalem as the capital of Israel and said he would move the US Embassy there — dismaying Palestinians who claim the eastern part of the city and angering Arab states across the region.

Mauritius largest source of FDI in India, says RBI

Mauritius was the largest source of foreign investment in India, followed by the US and the UK, according to a census by the Reserve Bank.

Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, released by RBI today.

Of the 18,667 companies that participated in the census, 17,020 had FDI/overseas direct investment in their balance sheets in March 2017, it said.

France gives ancient foe another one in the eye

Ever since William the Conqueror invaded England in the 11th Century, Anglo-French ties have been choppy. But Brexit is a reminder that bad blood might still course through the veins of these two historic enemies.

The perfect example? President Emmanuel Macron’s gift to Theresa May when they meet Thursday against a backdrop of sometimes bad-tempered talks with the European Union over Britain’s departure.

Davos elite fears cyber attacks & war

The threat of large-scale cyberattacks and a “deteriorating geopolitical landscape” since the election of US President Donald Trump have jumped to the top of the global elite’s list of concerns, the World Economic Forum said ahead of its annual meeting in Davos, Switzerland.

False Missile-Threat Alert Rattles Hawaii

An emergency alert was sent mistakenly on Saturday to Hawaii’s residents warning of an imminent ballistic missile attack when an employee at the state emergency management agency pushed the “wrong button,” Hawaii’s governor said.State officials and the US military’s Pacific Command confirmed that there was no actual threat to the state. But for more than a half hour, while the agency struggled to retract the warning, panicked Hawaiians scrambled to find shelter. The mistaken alert stated: “EMERGENCY ALERT BALLISTIC MISSILE THREAT INBOUND TO HAWAII. SEEK IMMEDIATE SHELTER.

Stricken oil tanker leaves 10-mile oil slick in East China Sea

The burning Iranian oil tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a 10-mile long oil slick as black smoke continued to billow from the site, Chinese media and Japanese authorities said on Monday.

Trump’s willingness to deal on immigration gives talks urgency

Congressional Republicans got the green light from President Donald Trump to negotiate an immigration deal with Democrats, potentially clearing a stalemate that’s stalled action on multiple issues, including funding to keep the government from shutting down next week.

During an unusual public meeting with bipartisan members of Congress at the White House on Tuesday, Trump offered a broad outline for an agreement while also giving cover for any Republicans worried about the political cost of giving in on protection for some undocumented immigrants.

Cornyn says Democrats hold spending bill hostage on immigration

Republican Senator John Cornyn of Texas accused Democrats of holding “hostage” any agreement on a spending bill to prevent a government shutdown until they get assurances that young undocumented immigrants will be shielded from deportation.

Cornyn, the No. 2 Republican leader, said Monday he doubts lawmakers can resolve partisan differences before a January 19 deadline. 

Protests not aimed at economy alone, says Rouhani

Protests that shook Iran were not just aimed at the economy, president Hassan Rouhani said on Monday, remarks suggesting the real targets were powerful conservatives opposed to his plans to expand individual freedoms at home and promote detente abroad.