Tag Archives: threatens

Philippine President Duterte threatens to end military deal with U.S.

Philippine President Duterte threatens to end military deal with U.S.Philippine President Rodrigo Duterte warned the United States on Thursday he would repeal an agreement on deployment of troops and equipment for exercises if Washington did not reinstate the visa of a political ally.



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Austria Threatens to Quit Effort to Create an EU Financial Tax

Austria Threatens to Quit Effort to Create an EU Financial Tax(Bloomberg) — Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Austria’s new finance minister dismissed a proposal by his German counterpart on how to tax financial trades in the European Union, throwing the years-long effort into disarray.“We want a common, broad financial transaction tax. We’re ready to talk, but the current proposal is the opposite of what was originally intended,” Austria’s Gernot Bluemel told journalists on his way into a meeting of EU finance ministers in Brussels. Without a new a approach, the country will leave the group of 10 still working on the plan, he said.Germany’s Olaf Scholz tabled a “final proposal” for the levy in December that focused on stock purchases, after talks on a broader version of the tax had failed. Bluemel, who was sworn in along with the rest of Austria’s new government this month, said this approach would damage the real economy while letting “speculators” off the hook.The European Commission first proposed a financial-transaction tax in 2011 to make sure the industry made a “fair contribution” after taxpayers bore most of the costs of the financial crisis. When some member states opposed the plan, a smaller group sought a compromise under “enhanced cooperation” rules. Austria, Belgium, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain are still at the table.Scholz said he still expects an agreement with other European countries on the issue, indicating that some countries are willing to join the group. After years of discussion, “everybody who’s been involved knows what’s possible and what isn’t,” he said. Under EU rules on enhanced cooperation, at least 9 countries are needed for a coordinated approach. Scholz’s proposal foresees a tax rate of 0.2%, which would apply to acquisitions of shares issued by companies based in one of the participating countries and whose market capitalization exceeds 1 billion euros ($ 1.1 billion).(Updates with comment from Scholz in fifth paragraph.)To contact the reporter on this story: Alexander Weber in Brussels at aweber45@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, Richard BravoFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.



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A giant 'blob' of hot water more than twice the size of California threatens the survival of fish and coral near New Zealand

A giant 'blob' of hot water more than twice the size of California threatens the survival of fish and coral near New ZealandA 386,000-square-mile chunk of the Pacific Ocean east of New Zealand is 10 degrees Fahrenheit warmer than average in what could be a marine heat wave.



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Winter storm threatens heavy snow, blizzards from Rockies to Upper Midwest, weather service warns travelers 'consider changing plans'

Winter storm threatens heavy snow, blizzards from Rockies to Upper Midwest, weather service warns travelers 'consider changing plans'The storm created traffic snarls in California as it moved northeast after dumping snow in Arizona.



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Iraqi president threatens to quit in defiance of Iran's allies in parliament

Iraqi president threatens to quit in defiance of Iran's allies in parliamentIraqi President Barham Salih refused on Thursday to designate the nominee of an Iran-backed parliamentary bloc for prime minister, saying he would rather resign than appoint someone to the position who would be rejected by protesters. The Bina bloc, led by Iran-backed militia leader Hadi al-Amiri, had nominated Basra Governor Asaad al-Edani to be the next prime minister following weeks of political deadlock. “Out of my desire to stop blood and maintain peace, and with due respect to Asaad al-Edani, I refuse to nominate him,” Salih said.



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Israel Threatens Iran, Says Syria Could Become Their Version of Vietnam

Israel Threatens Iran, Says Syria Could Become Their Version of VietnamIsrael’s new Defense Minister Naftali Bennett has warned Iran that Syria will become its version of Vietnam, where its forces will sink in the sand under Israeli airstrikes.



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Trump impeachment: Nancy Pelosi threatens Trump with fresh uncertainty after historic House vote

Trump impeachment: Nancy Pelosi threatens Trump with fresh uncertainty after historic House voteSpeaker Nancy Pelosi has refused to say when Donald Trump’s trial in the Senate will go ahead, creating fresh uncertainty for the president after he was impeached by the House.Speaking to reporters shortly after the House passed two articles of impeachment against Mr Trump, she repeatedly refused to specify when they would be sent to the upper chamber. She said that would only happen if the Senate agreed to a fair process.



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House Democrat calls on McConnell to recuse himself and threatens mistrial

House Democrat calls on McConnell to recuse himself and threatens mistrialRep. Jackie Speier, D-Calif., has called on Senate Majority Leader Mitch McConnell to recuse himself from the impending impeachment trial over his admission that he would not be an “impartial juror” and his claim that a trial would be politically motivated.



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House Democrat calls on McConnell to recuse himself and threatens mistrial

House Democrat calls on McConnell to recuse himself and threatens mistrialRep. Jackie Speier, D-Calif., has called on Senate Majority Leader Mitch McConnell to recuse himself from the impending impeachment trial over his admission that he would not be an “impartial juror” and his claim that a trial would be politically motivated.



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Democratic Representative Calls on McConnell to Recuse Himself and Threatens Mistrial

Democratic Representative Calls on McConnell to Recuse Himself and Threatens MistrialRepresentative Jackie Speier (D., Calif.) has called on Senate majority leader Mitch McConnell to recuse himself from the impending impeachment trial over his admission that he would not be an "impartial juror" and his claim that the trial was politically motivated."I'm not an impartial juror," McConnell told CNN on Tuesday. "This is a political process. There is not anything judicial about it. Impeachment is a political decision."Speier responded by arguing that McConnell's statement should disqualify him from participating in the impeachment trial."I think we're going to have to call a mistrial before it even gets over to the Senate," Speier said on CNN. "My understanding is that each of the senators is going to have to take an oath that they will independently evaluate the evidence for impeachment. . . . It sounds like there's no interest in doing that whatsoever, and I would think Mitch McConnell should recuse himself."The House is expected to approve two articles of impeachment against President Trump this week, one for abuse of power and the other for obstruction of Congress.McConnell is currently under pressure from both Democrats and Republicans to set parameters for an expected impeachment trial in the Senate that will please both sides. On Tuesday, McConnell slammed minority leader Chuck Schumer's (D., N.Y.) proposal to determine which witnesses to call for testimony in the same document that will set rules for impeachment hearings."It is not the Senate’s job to leap into the breach and search desperately for ways to get to ‘guilty,’” McConnell said on the Senate floor. "The Senate is meant to act as judge and jury, to hear a trial, not to re-run the entire fact-finding investigation because angry partisans rushed sloppily through it."



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