A second man was arrested in the U.K. by detectives from the Metropolitan Police’s counter-terrorism command investigating the terrorist attack at the Parsons Green underground station. The 21-year-old man was arrested in Hounslow, a borough in west London, late on Saturday local time, under section 41 of the Terrorism Act, the police said. He was […]
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Europe suggests Trump won't back out of Paris climate accord, but the White House quickly denies it
The White House immediately disavowed on Saturday a Wall Street Journal report suggesting the Trump administration is reversing its stated intention of abandoning the Paris climate accord. According to the publication, the European Union’s Commissioner for Climate Action and Energy Miguel Arias Canete said that President Donald Trump would abide by the landmark agreement, which […]
Read moreHundreds of London police embarked on a massive manhunt Friday, racing to find out who placed a homemade bomb on a packed London subway train during the morning rush hour. The explosion wounded 22 people and ignited a panicked stampede to safety. Witnesses described seeing a “wall of fire” as the bomb — hidden in […]
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German industry leader calls for ‘strict and very serious’ Brexit talks, detail from UK
British negotiators need to better articulate their position on Britain’s departure from the European Union, a German industry leader stressed Friday, echoing the frustrations of EU Brexit negotiators. Dieter Kempf, president of the Federation of German Industries (BDI), said that he was still concerned by Brexit, citing the U.K. as Germany’s most important trading partner […]
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Sterling breaks above $1.35 but political uncertainty casts doubts over its future
The British pound broke above the $1.35 mark on Friday morning but political uncertainty could undermine its performance. Sterling hit a 14-month high as traders bet the prospect of an interest rate hike had increased. At about 11.30 a.m. London time, sterling was at $1.3606, up by 1.5 percent. The Bank of England (BoE) indicated […]
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Flames raced along train in terror attack at west London station, eye witness says
Flames engulfed one carriage and raced along a train on a west London route to Parsons Green, forcing passengers to trample others as they rushed for an exit, an eyewitness told Reuters. The man said people were trampled on when they fled the train after hearing a whoosh and seeing flames race towards them. He […]
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Baffled by the electoral college? Germany's system might be more confusing
Germany has an election process so complex that some Germans don’t understand it. Every four years, voters elect members of the Bundestag, the legislative branch of the German government based in Berlin. This year’s parliamentary elections are set to take place Sept. 24 and will ultimately determine the country’s next chancellor. Germans will cast two […]
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OPEC's second-biggest producer could possibly split in two — and start an oil war
An oil-rich province in the north of Iraq plans to vote in a referendum on Kurdish independence later this month, prompting fears of regional conflict as tensions escalate over who owns a portion of the country’s crude. Kurdish forces have been in complete control of the province of Kirkuk — as well as other disputed […]
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UK police investigate reports of an 'explosion' on London tube train
An explosion on a London underground train has prompted panic amid rush hour commuters on Friday morning, according to reports. London’s Metropolitan Police said they are aware of the incident at Parsons Green tube station in West London and would release updates in due course. Tweet 1 A helicopter and several ambulances and fire appliances […]
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Ignore North Korea for now, Europe's asset management giant tells investors
It would be “wrong” to tweak an investment portfolio in a knee-jerk reaction to North Korea’s missile launches, said the co-chief executive of the newly-merged asset manager Standard Life Aberdeen. Martin Gilbert, speaking to CNBC on Friday, said investors should “just ignore it at the moment.” His comments came after the hermit state launched another […]
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