After a stunning interview, talk of whether Trump would fire his intelligence chief is reportedly circulating

August 8, 2018

Associated Press/Susan Walsh Director of National Intelligence Dan Coats said he still didn’t “know what happened,” during an hours-long private meeting between President Donald Trump, Russian President Vladimir Putin, and their translators. Coats said he would have advised Trump not to meet Putin alone and hoped Trump would have “made a different statement.” Coats’s remarks reportedly ruffled feathers in the White House. People close to Trump reportedly speculated whether the…


Trump drops the sanctions hammer on Iran — but Putin could come to Tehran’s rescue

August 7, 2018

Michael Gruber/Getty Images; Olivier Douliery-Pool/Getty Images; Samantha Lee/Business Insider President Donald Trump’s administration announced on Monday it would reinstate sanctions  on Tehran after it withdrew from the Iran deal. Iran has responded with military threats, but backed it up with very little real action. Iran’s economy is tanking for a number of reasons. The sanctions from Trump in August, and again in November, could seriously rock the Islamic Republic, which…


Anti-EU Conservative MPs reject Theresa May’s ‘worst of all worlds’ Brexit plan in 18-page letter

August 2, 2018

Carl Court – WPA Pool/Getty Images Pro-Leave Conservative MPs describe Theresa May’s Brexit plan as the “worst of all worlds” in an 18-page letter. On Friday, the prime minister persuaded her ministers to support a Brexit plan which would keep the UK wedded to EU’s standards and make new free trade deals with certain countries unlikely. The proposal, regarded as a soft form of Brexit, is designed to preserve frictionless trade…


Pharmaceutical companies are backing away from a growing threat that could kill 10 million people a year by 2050

July 29, 2018

CDC Novartis in July became the latest pharmaceutical company to shut down its antibiotics research projects. The move comes as FDA commissioner Scott Gottlieb has expressed concern over the growing epidemic around antimicrobial resistance, which is when bacteria grow resistant to available medications. New options to combat the resistant bacteria include antibiotic-combination therapy and bacteriophage therapy. Just two years after Novartis announced it would embrace the challenge of searching for…


Wipro to acquire India services of US-based Alight Solutions

July 24, 2018

BENGALURU: Wipro said it would acquire Illinois based Alight Solutions’ India services. The Bengaluru-headquartered software services company said it has entered into a long-term relationship with Alight Solutions. Wipro said the companies would aim to reshape the HR services industry by providing Alight’s clients with the breadth and depth of capabilities from the two industry-leading organizations. “This strategic partnership will enable Alight to accelerate investment in consumer-facing technologies and services…


A photographer captured stark images of a former human zoo that’s now a public park near Paris

July 18, 2018

Seph Lawless Just outside Paris, there is a peculiar park, where ruins of pavilions and greenhouses lie among overgrown grass, weeds, and wild tree branches. The site hosts the remains of one of the world’s few “human zoos,” called the Jardin d’Agronomie Tropicale. In the early 20th century, white visitors would come to see the exotic animals, plants, and other products of the European empires. They would also gawk at the…


The Trump administration reportedly drafted a bill to abandon key World Trade Organization rules

July 15, 2018

Associated Press/Evan Vucci The Trump administration has reportedly drafted a bill that would abandon the US’ commitment to the World Trade Organization’s rules. Trump has recently been angling to withdraw the US from the WTO altogether — though Congress is unlikely to approve such a measure. Administration officials involved in drafting the legislation told Axios it was “insane.” The Trump administration has drafted legislation that would empower the president to…


Trump’s burgeoning trade war with China is already affecting car manufacturers in the US

July 10, 2018

Mercedes-Benz Daimler, the parent company of Mercedes-Benz, said profit would fall in 2018 as new import tariffs on cars exported from the United States to China. The company said the tariffs would hurt sales of high-margin Mercedes-Benz sports utility vehicles. Daimler’s revised forecast comes as U.S. President Donald Trump is proposing to impose tariffs on imported vehicles on grounds that trade imbalances on many products threaten U.S. national security. He is separately…


The EU is privately telling European countries to prepare their airports for a no-deal Brexit

July 6, 2018

European Union member states should prepare their airports for no-deal Brexit, the European Commission reportedly warned earlier in June. A lack of progress in Brexit negotiations has increased the chances of no-deal. A no-deal Brexit would be catastrophic for Britain and Europe’s aviation industry. It would immediately ground flights between the UK and EU because EU-issued aviation licenses would no longer be valid.  Trade minister Liam Fox warned over the…


It would be ‘very difficult’ for Norway to say no to Britain agreeing a soft Brexit

July 5, 2018

EXCLUSIVE: Norway’s chief representative to EFTA and the EEA says it would be “very difficult” to stand in the way of Britain pursuing a Norway-style Brexit. MPs will vote next week on whether Theresa May should seek to keep Britain in the single market by replicating the so-called Norway model. Svein Roald Hansen — the Norwegian Parliament’s chief representative to EFTA and EEA — told BI that Norwegian politicians would…