Sterling derivative bets rise as Brexit endgame nears
As negotiations become fraught before Britain’s exit from the European Union in March, tensions of a different kind are surfacing on the currency markets — derivatives activity is rising sharply as investors bet on a weaker sterling.
Brexit proposals will not be ‘salami sliced’ by EU: UK minister
Britain has already compromised greatly on its Brexit proposals and will not have them “salami sliced” without movement from the European Union, Britain’s Brexit minister Dominic Raab said on Friday.
Kremlin says U.S. is using sanctions to squeeze Russia out of arms trade
Kremlin spokesman Dmitry Peskov said on Friday that by imposing sanctions on buyers of Russian weapons, and on people associated with the Russian military, the United States is trying to squeeze out competitors in the global arms trade.
Russia’s Lavrov says U.S. is threat to Syria’s territorial integrity: Interfax
Russia’s foreign minister Sergei Lavrov said on Friday that the United States’ control over the eastern bank of the Euphrates river posed the main threat to Syria’s territorial integrity, Interfax news agency reported.
European court should say if Britain alone can stop Brexit: Scottish judges
A legal appeal to determine whether Britain alone can change its mind about leaving the European Union should be given consideration by the European Court of Justice (ECJ), Scotland’s highest court said on Friday.
Lavrov calls U.S. sanctions aimed at Russian plane maker ‘unfair competition’: Interfax
Russian Foreign Minister Sergei Lavrov said on Friday that U.S. sanctions that impact Russian plane manufacturer Sukhoi were “yet another act of unfair competition”, Interfax news agency reported.
Cambodia pardons Australian filmmaker jailed for espionage, court says
Cambodia has granted a royal pardon to Australian filmmaker James Ricketson, jailed in August for six years after being found guilty of espionage for flying a drone over an opposition party rally, a court in Phnom Penh said on Friday.
Germany: Assume refugee deal with Italy will be signed soon
A deal between Berlin and Rome for Germany to send back to Italy migrants who have already applied for asylum there will likely be signed soon, a spokeswoman for the German interior ministry said on Friday.
Italy coalition on the right path over budget: minister
Italy’s coalition made up of the far-right League party and the 5-Star Movement is on the right path towards drawing up the 2019 budget, the minister for relations with parliament said on Friday.
Iran puts on ‘show of strength’ military exercise in Gulf
The Iranian Revolutionary Guards and army carried out a joint aerial military drill in the Gulf on Friday in what official media said indicated the “pounding reply” that awaited the country’s enemies.
