Mohammed's Feed
Oct 10, 2012

British PM tells country more pain to come

BIRMINGHAM, England (Reuters) – British Prime Minister David Cameron warned voters to brace for “painful decisions” on the economy on Wednesday but offered little new to alter a grim growth outlook which has derailed his efforts to cut the budget deficit.

In a speech to his Conservative party conference, Cameron admitted it was taking longer than planned to fix Britain’s recession-hit economy and rein in public finances.

Oct 10, 2012

David Cameron tells country more pain to come

BIRMINGHAM, England (Reuters) – Prime Minister David Cameron warned voters to brace for “painful decisions” on the economy on Wednesday but offered little new to alter a grim growth outlook which has derailed his efforts to cut the budget deficit.

In a speech to his Conservative party conference, Cameron admitted it was taking longer than planned to fix Britain’s recession-hit economy and rein in public finances.

Oct 9, 2012

Cameron backs referendum on new Britain-EU deal

BIRMINGHAM (Reuters) – A referendum on Britain’s ties with the European Union would be the best way of agreeing a fresh settlement with the 27-member bloc, Prime Minister David Cameron said on Tuesday, as pressure mounts within his party for a vote.

The Conservative Party’s restive “eurosceptic” right wing is clamoring to claw back powers from Brussels. Some want a simple vote on staying in the EU or leaving, fearing that the party could lose votes to the anti-Europe UK Independence Party at the 2015 election.

Oct 8, 2012

UK may lift curbs on shale gas, offer tax help

LONDON/BIRMINGHAM (Reuters) – The British government expressed support for shale gas on Monday, with the energy minister saying he hoped to allow more exploration and the finance minister talking of a favourable tax regime for the energy source opposed by many environmentalists.

Edward Davey, who heads Britain’s Department of Energy and Climate Change (DECC), said he hoped to lift a suspension on new shale gas exploration that was imposed last year due to concerns about the fracking technology used to exploit it.

Sep 16, 2012

London’s mayor to become prime minister? Not yet

LONDON, Sept 14 (Reuters) – London Mayor Boris Johnson
eclipsed British Prime Minister David Cameron as Olympic host
this summer, but the eccentric Conservative will have to bide
his time before mounting any serious challenge for the top job.

Johnson followed up his Olympic antics — dangling from a
zip line waving the national flag and speeches extolling British
success — with criticism of Cameron’s handling of the economy,
prompting speculation he was already plotting to replace him.

Sep 10, 2012

Dealmaking cameo may prove lucrative for fixer Blair

LONDON (Reuters) – If Tony Blair’s cameo proves to be a deciding factor in winning support from Qatar for a Swiss commodity trader’s $36 billion bid for a giant mining firm, the former British prime minister could become a sought-after fixer in global finance.

Blair’s surprise involvement in a last-minute breakthrough between Glencore (GLEN.L: Quote, Profile, Research, Stock Buzz) and the government of Qatar, which is a shareholder in Glencore’s target Xstrata (XTA.L: Quote, Profile, Research, Stock Buzz), shows that Blair’s Middle East connections are paying off.

Sep 6, 2012

Opposition ridicules government plans to boost economy

LONDON (Reuters) – The government unveiled reforms on Thursday to ease planning laws and boost construction to revive the flagging economy, but the resurgent Labour party ridiculed the move as it laid out its own economic vision.

In an uncomfortable day for the government, whose flagship austerity plan is under fire with the economy in recession, the Organisation for Economic Co-operation and Development (OECD slashed growth forecasts and Labour ridiculed the planning reforms as a “mouse when we need a lion to roar”.

Sep 6, 2012

Labour opposition ridicules UK government plans to boost economy

LONDON, Sept 6 (Reuters) – Britain’s government unveiled
reforms on Thursday to ease planning laws and boost construction
to revive the flagging economy, but the resurgent opposition
Labour party ridiculed the move as it laid out its own economic
vision.

In an uncomfortable day for the government, whose flagship
austerity plan is under fire with the economy in recession, the
Organisation for Economic Co-operation and Development (OECD
slashed British growth forecasts and Labour ridiculed the
planning reforms as a “mouse when we need a lion to roar”.

Aug 2, 2012

Black belt Putin to tackle Cameron on Syria

LONDON (Reuters) – Black-belted Vladimir Putin will lock horns on Thursday with British leader David Cameron over Syria and a crackdown on opponents including the trial of punk band Pussy Riot in a day of judo diplomacy at the Olympics.

Prime Minister Cameron will try to push the former KGB spy to take a tougher line on Syria, Russia’s firmest foothold in the Middle East, and stop blocking Western-backed resolutions aimed at stepping up pressure on President Bashar al-Assad.

Aug 2, 2012

Olympics-Black belt Putin to tackle Cameron on Syria

LONDON, Aug 2 (Reuters) – Black-belted Vladimir Putin will
lock horns on Thursday with British leader David Cameron over
Syria and a crackdown on opponents including the trial of punk
band Pussy Riot in a day of judo diplomacy at the Olympics.

Prime Minister Cameron will try to push the former KGB spy
to take a tougher line on Syria, Russia’s firmest foothold in
the Middle East, and stop blocking Western-backed resolutions
aimed at stepping up pressure on President Bashar al-Assad.