Mohammed's Feed
Apr 9, 2012

Nissan invests in UK as Cameron visits Japan

LONDON, April 10 (Reuters) – Japanese carmaker Nissan Motor
Co said on Tuesday it will invest $200 million to build
a new hatchback in Britain as British Prime Minister David
Cameron began a tour of Japan and Southeast Asia aimed at
boosting trade and investment links.

The new car, which does not yet have a name, will create 225
jobs at Nissan’s Sunderland factory in northern England and 900
more at component companies supplying Nissan in Britain.
Production is due to start in 2014.

Apr 3, 2012

UK snooping row casts doubt on Cameron leadership

LONDON, April 3 (Reuters) – Plans to boost digital
surveillance powers have pushed Britain’s government into a row
it can ill afford, after a week of gaffes that have raised
questions over Prime Minister David Cameron’s leadership.

The plan involves monitoring all phone calls, texts, emails
and online activities to help tackle crime and militant attacks,
a move condemned even by some within Cameron’s Conservative
Party and labelled by critics as a “snooper’s charter”.

Mar 30, 2012

UK says report of Afghan plot to kill envoys is credible

LONDON (Reuters) – Britain’s outgoing ambassador to Afghanistan said on Friday there was “some credibility” to reports that an Afghan governor plotted to kill the U.S., French and British envoys to Kabul in 2009, but that there was not enough evidence for a trial.

U.S. investigators allege former governor Ghulam Qawis Abu Bakr ordered a 2009 suicide bombing that killed two U.S. soldiers, and that he plotted to kill the U.S., French and British ambassadors in November 2009, the Wall Street Journal said on Thursday.

Mar 29, 2012

UK could whet appetite with loss leader RBS stake

LONDON, March 29 (Reuters) – Britons take a dim view of the
billions it cost taxpayers to rescue the banks four years ago,
so they will take some convincing if the government sells a
stake in bailed-out Royal Bank of Scotland at a loss.

Britain and Abu Dhabi are holding talks on the sale of
shares in the troubled bank, which required a 45.5 billion
pounds ($72.4 billion) taxpayer lifeline during the 2008
financial crash, leaving the state with an 83 percent
stake.

Mar 26, 2012

Cameron discloses Downing Street dinners in access row

LONDON (Reuters) – Prime Minister David Cameron disclosed on Monday that a handful of British financiers and hedge fund bosses have dined at his private apartment in Downing Street and his official country house as he tried to subdue a “cash for access” party funding scandal.

The premier announced an internal party inquiry after the resignation of a top Conservative fundraiser caught in a Sunday newspaper sting telling potential donors they could expect meetings with Cameron and possible influence over policy.

Mar 26, 2012

In scandal, Downing St. dinners disclosed

LONDON, March 26 (Reuters) – Prime Minister David Cameron
disclosed on Monday that a handful of British financiers and
hedge fund bosses dined at his private apartment in Downing
Street in recent months as he tried to subdue a “cash for
access” party funding scandal.

Following the resignation of a top Conservative fundraiser
caught in a Sunday newspaper sting telling potential donors they
could expect meetings with Cameron and possible influence over
policy, the premier announced an internal party inquiry and, to
show he had nothing to hide, published details of major donors
whom he invited to private dinners in Downing Street.

Mar 26, 2012

Cameron bows in funding furore, to reveal contacts

LONDON (Reuters) – Prime Minister David Cameron bowed to pressure on Monday to disclose his own contacts with wealthy donors after a newspaper sting caught a top fundraiser for his party offering meetings with the premier in return for big contributions.

Conservative party co-treasurer Peter Cruddas resigned after The Sunday Times filmed him telling reporters posing as financiers that, for 250,000 pounds ($400,000), they could dine with Cameron and might possibly influence government policy.

Mar 21, 2012

UK diverts war funds as it eyes Afghan exit

LONDON, March 21 (Reuters) – Britain said on Wednesday it
would use money once earmarked for its military mission in
Afghanistan to fund tax cuts, a move that underlines a 2015
withdrawal date and that hints at significant troop drawdowns
soon.

British finance minister George Osborne said spending on the
Afghan conflict would be 2.4 billion pounds ($3.8 billion) less
than expected in the years up to 2015.

Mar 11, 2012

Lib Dems target the rich in pre-budget gambit

NEWCASTLE (Reuters) – Liberal Democrats proposed targeting the rich with a “tycoon tax” only days before they and their Conservative Party coalition partner present an annual budget, in a high stakes gamble to revive the party’s flatlining poll ratings.

The last-minute proposal is one of several levies on the rich the Lib Dems want included in the budget to pay for the party’s key policy of additional tax cuts for the lower paid.

Mar 5, 2012

Aid reaches Homs refugees, Syrians flee to border

BEIRUT, March 5 (Reuters) – The Red Cross managed to
get aid to Syrians fleeing fighting in the battered Baba Amro
district of Homs, but was blocked for a third day from entering
the former rebel bastion amid reports of bloody reprisals by
state forces.

Activists reported shelling and other violence across Syria
on Sunday, sending one of the biggest surges of refugees across
the border into Lebanon in a single day since a revolt against
President Bashar al-Assad began a year ago.