Donald Trump has declared a national emergency following a fresh row over funding for the President's pledged wall on the US-Mexico border. During a statement in the White House’s Rose Garden this afternoon, Trump said that he was making the move "not because it is a campaign promise, which it is", but as a result of an influx of drugs coming across the border. Read more: US politicians reach deal to halt US shutdown - but will Trump agree? A national emergency gives Trump the power to take discretionary funds amounting to billions of dollars for his project. The move is likely to exacerbate tensions in Washington, DC following an agreement struck by Republicans and Democrats last week comprising $4bn (£3.1bn) less than Trump has demanded for the fence, which he wants to make 215 miles long. The news comes after Trump agreed with Congress late last month to a temporary funding measure to keep nine federal departments open, with plans to negotiate a funding solution by 8 … [Read more...] about US President Donald Trump declares national emergency to fund Mexico border wall
Eu funded border wall
Work to regenerate the historic Walled Garden site at St Columb’s Park House into a major shared community resource is now under way. Contractor Willie Doherty Construction are leading the £260,000 EU PEACE IV funded project, which includes the development of the historic path network at the site and the rebuilding of the Walled Garden enclosure.The aim is to create a new shared space for use by all sections of society.The project has received over £370,000 in external funding through the EU’s Peace IV Programme, funding that will ensure the completion of the Walled Garden and a supporting programme of peace building activity.Mayor John Boyle said the project would be a welcome addition to the park’s existing infrastructure.“The redevelopment of the Walled Garden is a key element of the wider St Columb’s Park Regeneration Plan which was presented to Council May 2015,” he said.“The wide vision is to create new office/ training … [Read more...] about Work under way to restore historic Walled Garden in Derry
By WSJ Fri., Feb. 8, 2019 This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. It's looking less and less like the U.S. and China will strike a comprehensive trade deal ahead of a March 1 deadline. Do you think that means a new round of tariffs, or a new deadline and more talks? Good morning. Jeff Sparshott here to take you through the day's top economic news. Send us your questions, comments or suggestions by replying to this email. DEAL OR NO DEAL President Trump is “highly unlikely” to meet with Chinese President Xi Jinping ahead of a March 1 deadline. Officials say they remain optimistic they will reach a trade accord, but more work remains before the two presidents can complete a deal, Alex Leary reports. The U.S. in December suspended plans to raise tariffs on $200 billion of Chinese goods to 25% from 10% to give negotiators a chance to settle issues. The truce runs out … [Read more...] about Real Time Economics: Trump and Xi Won’t Meet? No Big Deal.
As the longest government shutdown in US history rumbles on – sparked by Donald Trump’s insistence to build a border wall that Democrats in Congress have refused to grant funding for – Wall Street and Silicon Valley have been left in serious IPO limbo. Staff at the Securities and Exchange Commission (SEC) have not worked since 27 December, meaning that long-awaited public listings are facing serious delays. These include some big names, such as Uber, Airbnb, and team collaboration tool Slack. For companies that filed initial paperwork with the SEC at the end of 2018, we can only assume that the regulator’s sign-off won’t be coming until after the shutdown ends. As Trump continues his very public standoff with House of Representatives speaker Nancy Pelosi, that doesn’t look likely anytime soon. But for the UK, which was voted Forbes’ best country for business in 2018, and particularly for the City of London, with its well-deserved status of one … [Read more...] about The US government shutdown drags on, but London never closes for business
As always, welcome to our weekly View round-up where we take a look at the hot topics that have had you talking. This week, as Donald Trump’s fight for a border wall continues and the dream of Brexit crumbles further, we aim to give you a flavour of the opinions that have driven debate across Europe and beyond over the last seven days. For anyone trying to keep track of current affairs around the world, it can sometimes feel like tumbling down the rabbit hole into Wonderland. The boundaries between reality and fantasy are becoming increasingly blurred as new, once unfathomable realities present themselves. A case in point is US president Donald Trump’s latest push for a wall along its southern border with Mexico. It could be argued that an increasing number of commentators – in the United States and further afield - consider Trump to be someone who epitomises this imbalance. Trump’s recent intransigence over the funding of a border wall has come to solidify … [Read more...] about The week that was: blurred lines between reality and fantasy