British PM Theresa May resigns over Brexit failure

Agencies
May 24, 2019

London, May 24:  British Prime Minister Theresa May said on Friday she would quit, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal.

May set out a timetable for her departure — she will resign as Conservative Party leader on June 7 with a leadership contest beginning the following week.

“I will resign as leader of the Conservative and Unionist party on Friday, 7th June so that a successor can be chosen,” May said outside 10 Downing Street.

With her voice breaking up with emotion, May, who endured crises and humiliation in her effort to find a compromise Brexit deal that parliament could ratify, said she bore no ill will.

“I will shortly leave the job that has been the honor of my life to hold,” May said. “The second female prime minister, but certainly not the last.”

“I do so with no ill will but with enormous and enduring gratitude to have had the opportunity to serve the country I love,” May said.

May, once a reluctant supporter of EU membership, who won the top job in the turmoil that followed the 2016 Brexit vote, steps down with her central pledges — to lead the United Kingdom out of the bloc and heal its divisions — unfulfilled.

May bequeaths a deeply divided country and a political elite that is deadlocked over how, when or whether to leave the EU. She said her successor would need to find a consensus in parliament on Brexit.

May’s departure will deepen the Brexit crisis as a new leader is likely to want a more decisive split, raising the chances of a confrontation with the European Union and a snap parliamentary election.

The leading contenders to succeed May all want a tougher divorce deal, although the EU has said it will not renegotiate the Withdrawal Treaty it sealed in November.

Meanwhile, the EU will not offer whoever takes over as British prime minister a better Brexit deal, Irish Foreign Minister Simon Coveney said on Friday.

“From my perspective, I don’t see the European Union offering any new prime minister a better or very different deal to what was on offer to Theresa May,” Coveney told Ireland’s Newstalk radio station after May on Friday said she would quit.

“This idea that a new prime minister will be a tougher negotiator and will put it up to the EU and get a much better deal for Britain? That’s not how the EU works.”

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Agencies
February 26,2020

Unnao, Feb 26: Ever heard of someone wishing a 'bright future' for the dead? In a bizarre incident in Uttar Pradesh's Unnao district, a village head issued a death certificate with the wish for an elderly man who had died last month.

The incident took place in the Sirwariya village in Asoha block where an elderly person Laxmi Shankar died after a prolonged illness on January 22.

His son went to the village head Babulal and requested him to issue a death certificate that he needed for some financial transactions.

Babulal not only issued the death certificate, but also 'wished' 'a bright future for the deceased' on the document.

The village head wrote in the death certificate -- "Main inke ujjwal bhavishya ki kaamna karta hoon (I wish him a bright future)."

The letter went viral on the social media on Monday after which the village head apologised for the error and issued a new death certificate.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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News Network
April 27,2020

New Delhi, Apr 27: Indian prime minister Narendra Modi has said the monthlong ongoing lockdown has yielded positive results and that the country has managed to save “thousands of lives”.

Modi, who had a videoconference with various heads of the states on Monday, said the impact of the coronavirus, however, will remain visible in the coming months, according to a press statement released by his office. On the issue of getting back Indians who are overseas, the Prime Minister said that this has to be done keeping in mind the fact that they don’t get inconvenienced and their families are not under any risk.

During the meeting with state heads, Modi advocated for social distancing of at least 6 feet and the use of face masks as a rapid response to tackle COVID-19.

He said that states should put their efforts of converting hotspots, or red zones, into “orange and thereafter green zones”.

India last week eased the lockdown by allowing shops to reopen and manufacturing and farming activities to resume in rural areas to help millions of poor, daily-wage earners. But the economic costs of the nationwide lockdown continue to mount in a country of 1.3 billion people.

Modi, who put India under a strict lockdown on March 25, did not say if the lockdown restrictions will extend after May 3.

India has confirmed over 27,000 cases of the coronavirus, including 872 deaths.

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