Theresa May says she’s ready to quit if her Brexit deal is passed

Agencies
March 28, 2019

London, Mar 28: British Prime Minister Theresa May said on Wednesday she would quit if her twice-defeated EU divorce deal passes at the third attempt, making a last-ditch bid to persuade rebels in her Conservative party to back her.

May told a meeting of Conservative lawmakers she would stand down if her divorce plan finally got through a bitterly-divided parliament, to ensure a smooth path for a new leader to begin the next step of negotiating the future relationship with the European Union. “I have heard very clearly the mood of the parliamentary party,” May said. “I know there is a desire for a new approach and new leadership in the second phase of the Brexit negotiations and I won’t stand in the way of that.”

May’s announcement is the latest dramatic turn in the United Kingdom’s three-year Brexit crisis, but it is still remains uncertain how, when or even if it will leave the European Union. Many of the Conservative rebels who want a cleaner break from the EU than May’s deal would deliver had made it clear that they would only consider supporting her agreement if she gave a firm commitment and date for her resignation.

May, a vicar’s daughter, had already promised to step down before the next election, due in 2022. By agreeing to go sooner, she increases the chances of her EU deal passing before the new April 12 deadline. “I am prepared to leave this job earlier than I intended in order to do what is right for our country and our party,” May told the party meeting, according to extracts released by her office. “I ask everyone in this room to back the deal so we can complete our historic duty — to deliver on the decision of the British people and leave the EU with a smooth and orderly exit.”

The government is now expected to bring the deal back to parliament for a third vote on Friday. “It was inevitable and I just feel she’s made the right decision. She has actually read the mood of the party, which was a surprise,” said Conservative lawmaker Pauline Latham. May’s deal means Britain will leave the EU single market and customs union as well as EU political bodies. But it requires some EU rules to apply unless ways can be found in the future to ensure no border is rebuilt between British-ruled Northern Ireland and EU member Ireland.

Many Conservative rebels have objected to this so-called Irish backstop, saying it risks binding UK to EU for years. But given the choice between the backstop and no Brexit at all, more should come round. Some of the party’s most influential dissenters had already indicated they would back her deal, agreed after two years of talks with the EU, saying it was the least worst option. May’s deal was defeated in parliament by 149 votes on March 12 and by 230 votes on January 15.

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News Network
June 3,2020

Washington, Jun 3: US President Donald Trump's administration on Tuesday announced investigations into foreign digital services taxes it says are aimed squarely at American tech firms.

Following a similar trade investigation against France last year, the US Trade Representative office now is looking into taxes in Britain and the European Union, as well as Indonesia, Turkey and India.

"President Trump is concerned that many of our trading partners are adopting tax schemes designed to unfairly target our companies," USTR Robert Lighthizer said in a statement.

"We are prepared to take all appropriate action to defend our businesses and workers against any such discrimination."

Washington opposes the efforts to tax revenues from online sales and advertising, saying they single out US tech giants like Google, Apple, Facebook, Amazon and Netflix.

The US and France have agreed to negotiate till the end of the year over a digital services tax Paris approved in 2019, after USTR found them to be discriminating and threatened retaliatory duties of up to 100 percent on French imports such as champagne and camembert cheese.

Trump has embroiled the US in numerous trade disputes since taking office in 2017, including a months-long trade war with China that cooled with the signing of a partial deal in January.

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News Network
March 4,2020

Tokyo, Mar 4: Takeda Pharmaceutical Co said on Wednesday it was developing a drug to treat COVID-19, the flu-like illness that has struck more than 90,000 people worldwide and killed over 3,000.

The Japanese drugmaker is working on a plasma-derived therapy to treat high-risk individuals infected with the new coronavirus and will share its plans with members of the U.S. Congress on Wednesday, it said in a statement.

Takeda is also studying whether its currently marketed and pipeline products may be effective treatments for infected patients.

"We will do all that we can to address the novel coronavirus threat...(and) are hopeful that we can expand the treatment options," Rajeev Venkayya, president of Takeda's vaccine business, said in the statement.

Takeda said it was in talks with various health and regulatory agencies and healthcare partners in the United States, Asia and Europe to move forward its research into the drug.

Its research requires access to the blood of people who have recovered from the respiratory disease or who have been vaccinated, once a vaccine is developed, Takeda said.

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Agencies
March 1,2020

Washington, Mar 1: The US Federal Communications Commission (FCC) has proposed a fine of over $200 million for all major US mobile carriers for selling the location data of customers to some agencies.

The Federal Communications Commission today proposed fines against the nation's four largest wireless carriers for apparently selling access to their customers' location information without taking reasonable measures to protect against unauthorised access to that information. As a result, T-Mobile faces a proposed fine of more than $91 million, AT&T faces a proposed fine of more than $57 million, Verizon faces a proposed fine of more than $48 million, and Sprint faces a proposed fine of more than $12 million, the FCC said in a statement on Friday.

The Enforcement Bureau of FCC opened this investigation after reports surfaced that a Missouri Sheriff, Cory Hutcheson, used a "location-finding service" operated by Securus, a provider of communications services to correctional facilities, to access the location information of the wireless carriers' customers without their consent between 2014 and 2017.

"American consumers take their wireless phones with them wherever they go. And information about a wireless customer's location is highly personal and sensitive. The FCC has long had clear rules on the books requiring all phone companies to protect their customers' personal information. And since 2007, these companies have been on notice that they must take reasonable precautions to safeguard this data and that the FCC will take strong enforcement action if they don't. Today, we do just that," said FCC Chairman Ajit Pai.

"This FCC will not tolerate phone companies putting Americans' privacy at risk."

The FCC also admonished these carriers for apparently disclosing their customers' location information, without their authorisation, to a third party

The four major US carriers mentioned sold access to their customers' location information to "aggregators," who then resold access to such information to third-party location-based service providers (like Securus).

Although their exact practices varied, each carrier relied heavily on contract-based assurances that the location-based services providers (acting on the carriers' behalf) would obtain consent from the wireless carrier's customer before accessing that customer's location information.

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