Author: LoveWorld UK

Australia demanded an apology after a senior Chinese official posted a fake image of an Australian soldier holding a knife with blood on it to the throat of an Afghan child, calling it “truly repugnant” and demanding it be taken down. Prime Minister Scott Morrison called a media briefing to condemn the posting of the image, marking another downturn in deteriorating relations between the two countries. The Australian government has asked Twitter to remove the image, posted on Monday by China’s foreign ministry spokesman Zhao Lijian on his official Twitter account, Morrison said. “It is utterly outrageous and cannot be…

Mike Ashley’s Frasers Group confirmed on Monday it had offered 50 million pounds of emergency funding to Philip Green’s Arcadia fashion group, which is on the brink of falling into administration. Frasers said it was awaiting a substantive response. “Should the company and the Arcadia Group’s efforts to agree an emergency funding package fail and the Arcadia Group enter into administration, the company would be interested in participating in any sale process,” Frasers said. Arcadia owns the Topshop, Topman, Dorothy Perkins, Wallis, Miss Selfridge, Evans, Burton and Outfit brands, trading from over 500 stores and employing over 13,000. Its trading…

Tottenham Hotspur returned to the top of the Premier League as they ground out a 0-0 draw at Chelsea on Sunday but there was more woe for north London rivals Arsenal who suffered a fifth defeat in their opening 10 matches. Edinson Cavani came off the bench to score twice for Manchester United who overturned a 2-0 halftime deficit at Southampton to win 3-2 — a club-record eighth successive away league win moving them into the top half. When Spurs briefly led the table before the international break it was pointed out that their next run of fixtures would give…

Britain and the European Union are running out of time to clinch a Brexit trade deal but if good progress is made this week then the talks could be extended, Environment Secretary George Eustice said on Monday. With just over four weeks left until the United Kingdom finally exits the EU’s orbit on Dec. 31, both sides are demanding concessions from the other on fishing, state aid and how to resolve any future disputes. “We really are now running out of time, this is the crucial week, we need to get a breakthrough,” Eustice told Sky. “I really do think…

European Union chief negotiator Michel Barnier will travel to London late on Friday in a last-ditch attempt to reach a Brexit trade deal as the two sides try to resolve differences over fishing and competition policy. With just five weeks left until the United Kingdom finally exits the EU’s orbit on Dec. 31, both sides are calling on the other to compromise to avoid a tumultuous finale to the five-year Brexit crisis. Face-to-face negotiations will resume shortly after they had to be suspended last week when one of Barnier’s team tested positive for the coronavirus. “In line with Belgian rules,…

 Facebook’s Libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project. The Geneva-based Libra Association that will issue and govern Libra plans to launch a single digital coin backed by the dollar, the FT said, citing one of the people. The move would represent an even bigger scaling-back of the project’s ambitions than that proposed in April in response to a regulatory and political backlash against the project. Libra, unveiled by Facebook Inc last year, was relaunched in slimmed-down form after regulators and central banks across…

The new boss of Britain’s Financial Conduct Authority has begun a root-and-branch internal shake-up just over a month before the country’s full departure from the European Union will give the watchdog new rule-making powers. The FCA faces the tricky task of helping the financial sector navigate Brexit in the face of pressure from lawmakers for regulators to bolster the industry’s global competitiveness. The City of London’s finance industry faces being largely cut off from the EU, its biggest customer, as Brussels adopts a hard line on financial services which are not included in ongoing talks on a UK-EU trade deal.…

Significant differences remain between the European Union and Britain on fisheries, state aid and future dispute resolution in talks on a trade agreement, the EU’s chief negotiator Michel Barnier said on Friday. The trade deal is to replace from Jan. 1, 2021 the current transition period after Britain left the European Union at the end of last January to avoid tariffs and quotas on goods. “Same significant divergences persist. Traveling to London this evening to continue EU-UK talks with (Britain’s chief negotiator) David Frost and his team,” Barnier said in a tweet. Earlier on Friday, Barnier briefed envoys from EU…

The Ivory Coast international, sent off for a head-butt on Leeds United’s Ezgjan Alioski that Arteta called unacceptable last weekend, produced a fine finish in the 50th minute, shortly after striking the crossbar with a superb curling effort. Arsenal, disappointing in a drab first half against the Norwegian side they beat 4-1 at home, doubled their lead five minutes later when Reiss Nelson converted a precise low cross. Substitute Folarin Balogun, 19, made it 3-0 to the visitors with his first goal for the club, moments after coming on, silencing the smattering of home fans allowed inside the stadium. Arsenal’s…

President Donald Trump on Wednesday pardoned his former national security adviser Michael Flynn, who had twice pleaded guilty to lying to the FBI during the investigation into Russian meddling in the 2016 presidential election. Trump’s pardon, which could be the first of several after he lost the 2020 presidential election to Democrat Joe Biden, drew condemnation from Democrats and other critics. A retired Army general, Flynn pleaded guilty to lying to the FBI about interactions he had with Russia’s ambassador to the United States in the weeks leading up to Trump’s inauguration in January 2017. He has since sought to…