Tag Archives: fate

As China faces fate on Hong Kong, America and other democracies face a choice

As China faces fate on Hong Kong, America and other democracies face a choiceDonald Trump tweets as Xi Jinping lines up his military tanks and Hong Kong protesters wave American flags and sing the U.S. national anthem: Our view



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Gibraltar court to decide fate of seized Iranian tanker

Gibraltar court to decide fate of seized Iranian tankerGibraltar’s Supreme Court was to decide on Thursday whether an Iranian oil tanker seized last month near the tiny British territory can be held longer amid speculation that it might soon be released. The Grace 1 supertanker, carrying 2.1 million barrels of Iranian oil, was seized on July 4 by Gibraltar police and British special forces off the overseas British territory, provoking a diplomatic crisis between Tehran and London. Iran, which has described Britain’s actions as “piracy”, seized a British tanker, the Stena Impero, on July 19 in the strategic Strait of Hormuz for breaking “international maritime rules”.



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U.S. Probing Fate of U.A.E. Oil Tanker That Entered Iran Waters

U.S. Probing Fate of U.A.E. Oil Tanker That Entered Iran Waters(Bloomberg) — The U.S. is investigating the disappearance of a small Emirati oil tanker that entered Iranian waters and stopped transmitting its location, in an incident that could intensify frictions in the Gulf.Washington is aware of the developing situation with the vessel, according to a U.S. official who asked not to be identified because they weren’t authorized to speak publicly on the matter.The Riah was passing through the Strait of Hormuz, a shipping chokepoint at the mouth of the Gulf, before it went silent more than two days ago, according to the Associated Press. It’s not immediately clear what happened to the Panamanian-flagged ship.The disappearance was first reported by CNN’s Barbara Starr, who said U.S. intelligence increasingly believed the tanker had been forced into Iranian waters by the Revolutionary Guard but that some Gulf sources suggested the ship simply broke down and was towed by Iran.If the Riah has been seized, it would seem an unusual target for Iran. The vessel is 30 years old and tiny. Its capacity is 2,000 dead weight tons, according to the MarineTraffic website. That is only a fraction of the nearly 160,000-ton capacity of the British Heritage, the U.K. oil tanker harassed by Iranian ships last week while exiting the Persian Gulf.While Iran has been blamed for attacks on merchant shipping in recent months, it has denied responsibility. The main threats it has made in the past few weeks have been against the U.K. after British Royal Marines helped Gibraltar to seize a supertanker as it carried Iranian crude in the Mediterranean Sea. The incident is the latest involving commercial ships sailing to and from the Gulf, through which about a third of all seaborne petroleum passes. In May and June, six tankers were attacked just outside the Gulf. A British Navy frigate intervened this month to stop Iran from blocking the BP Plc-operated British Heritage as it was exiting Gulf.U.K. Navy Intervenes After Iran Tries to Stop British Oil TankerIranian officials haven’t said anything publicly about the Riah, nor have officials in the U.A.E. The U.S. Navy’s 5th Fleet, which is based in Bahrain, declined to immediately comment.(Updates with size and scope in paragrapghs five and six.)\–With assistance from Anthony DiPaola and Golnar Motevalli.To contact the reporters on this story: Zainab Fattah in Dubai at zfattah@bloomberg.net;Verity Ratcliffe in Dubai at vratcliffe1@bloomberg.netTo contact the editors responsible for this story: Lin Noueihed at lnoueihed@bloomberg.net, Alaa ShahineFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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Trump peace plan's fate at stake in Israeli election Tuesday

Trump peace plan's fate at stake in Israeli election TuesdayWhat happens in the Israeli elections on Tuesday could both foreshadow and affect President Trump’s fate.



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Colleges weigh fate of students with tainted applications

Colleges weigh fate of students with tainted applicationsBOSTON (AP) — In the wake of a massive college bribery scheme, the schools caught in the middle have been left facing a thorny question: What to do about the students who may have been admitted through fraud?



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Risk of India-Pakistan War May Hang on the Fate of Downed Pilot

Risk of India-Pakistan War May Hang on the Fate of Downed PilotIndia and Pakistan, which have fought three major wars since the bloody partition of 1947, regularly exchange artillery and small-weapons fire across a disputed border. India’s Prime Minister Narendra Modi must contest a general election within weeks, while his counterpart, Imran Khan, faces a military that is seeking to assert its dominance when Pakistan is in the eye of a financial and economic storm.



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Is Eddie Lampert set to 'steal' Kenmore brand? Courtroom clash will decide fate of Sears

Is Eddie Lampert set to 'steal' Kenmore brand? Courtroom clash will decide fate of SearsThe U.S. government's pension agency and major creditors are lining up to block a last-minute bid to save Sears Holdings from liquidation.



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Ghosn awaits fate after vowing to stay in Japan if bailed

Ghosn awaits fate after vowing to stay in Japan if bailedCarlos Ghosn will learn his fate Monday as a Tokyo court rules on his bail request after he vowed to remain in Japan if released and offered to provide more collateral. The ousted Nissan boss has pleaded for bail after languishing in custody for 64 days as he fights charges of financial misconduct that he strenuously denies. “As the court considers my bail application, I want to emphasise that I will reside in Japan and respect any and all bail conditions the Court concludes are warranted,” Ghosn said in a statement released by his US-based representatives.



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Renault audit finds no fraud yet as Ghosn learns fate

Renault audit finds no fraud yet as Ghosn learns fateThe board of French automaker Renault on Thursday said an ongoing audit into executive pay had found no sign of fraud in the last two years, as CEO Carlos Ghosn could face fresh charges in Japan. Directors gave no hint in their statement of any deliberations into Ghosn’s future at Renault, as Japanese prosecutors reportedly prepare to press new formal charges likely to keep the once-towering auto boss behind bars. The Renault meeting comes two days after Ghosn made his first court appearance over alleged financial impropriety during his years as head of the carmaker’s alliance partner Nissan.



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Congress Holds Key to Rusal’s Fate as U.S. Moves to Lift Sanctions

Congress Holds Key to Rusal’s Fate as U.S. Moves to Lift SanctionsCongress has a month to decide whether to intervene to block the agreement announced Wednesday by the Treasury Department. Under the deal, Russian billionaire Oleg Deripaska will remain under U.S. sanctions and his property will remain blocked, but the Treasury department will remove financial restrictions on Rusal, En+ Group Plc and EuroSibEnergo JSC.



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