Around the Globe

Around the Globe

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.

Rural economy, monsoon to boost FMCG

In the next 12 months, consumer goods companies would see a revival, both in volume and margin terms, with an anticipated revival in the rural sector, said a report.

With a few state elections and expected populist budget, the rural sector is anticipated to be prime beneficiary. This, coupled with improving macros and good monsoon after two consecutive droughts, also augur well, said the report on the consumer good sector brought by Edelweiss.

Apple yet to submit a concrete proposal: Prabhu

The commerce and industry ministry is awaiting a concrete proposal from iPhone maker Apple to set up manufacturing unit in India, Union minister Suresh Prabhu said on Monday. “We are waiting for a good proposal from Apple. Please give us a concrete proposal. If the proposal comes, we will examine it. We are always open for that,” Prabhu told reporters here.

Trump Says US Open to North Korea Talks at the Right Time

President Donald Trump said the U.S. was open to joining discussions with South Korea and North Korea at “the appropriate time,” and that he would be willing to speak directly with Kim Jong Un under the right conditions.

“Right now, they’re talking Olympics. It’s a start. It’s a big start,” Trump said at a news conference at Camp David about talks expected Tuesday between South Korea and North Korea. It would be “great for humanity” if something beyond cooperation in next month’s Winter Olympic Games resulted, he said.

Trump’s break with Bannon over book forces GOP to choose sides

US President Donald Trump’s forceful denunciation of his former chief strategist Steve Bannon finalised a divorce that was months in the making and will force a reckoning within the Republican Party.

Candidates, donors and party leaders must now choose sides – between Bannon, the blustery face of far-right populist nationalism, and the president who elevated that ideology to the Oval Office.

Pak replaces dollar with yuan for bilateral trade with China

Strengthening its strategic and now financial relationship with China, Pakistan’s external relations department has taken a monumental decision.

Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in the strategic China Pakistan Economic Corridor (CPEC) projects.

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