Yahoo News - Latest News & Headlines F 2019/11/20 05:13
1. Corbyn and Johnson Prepare for TV Debate Showdown: U.K. Votes
?????loomberg) -- Sign up to ourBrexitBulletin, follow us @Brexitandsubscribe to our podcast.Boris Johnson and Jeremy Corbyn are preparing for their first head-to-head election debate on Tuesday as the Labour leader seeks to reverse the prime ministerfs double-digit lead in the polls.Both men tried to shift the focus onto areas they consider to be their strengths in the run up to the televised showdown. The premier wrote an open letter to Corbyn accusing him of gditherh over Brexit, while Labour said Johnsonfs Tories are more committed to the billionaires who fund the party than the needs of ordinary working people.Must Read: Arms Race of Election Pledges Comes Too Late for Many in U.K.For more on the election visit ELEC. Key developments:First election debate between Johnson and Corbyn on ITV 8 p.m. YouGov will publish a snap poll after the debate ends at 9 p.m.John McDonnell says a Labour government would overhaul corporate legislation to encourage long-term thinkingICM/Reuters poll puts Conservatives on 42% (+3), Labour 32% (+1), Liberal Democrats 13% (-2), Brexit Party 5% (-3).A Brief History of U.K. Election Debates (7:45 p.m.)Unlike in the U.S., televised election debates are still relatively new to U.K. politics, with details on how many candidates are invited to take the stage a point of dispute in each campaign.It started in 2010, with then-prime minister Gordon Brown taking on Conservative leader David Cameron and Nick Clegg of the Liberal Democrats, whose success gave rise to a wave of so-called "Cleggmania" and an immediate poll bounce.In 2015, there was one seven-way debate featuring not only the original three parties but also UKIP, the Greens, the SNP and Plaid Cymru. Labour leader Ed Miliband challenged David Cameron to gdebate me one-on-oneh, but failed to get his wish.In 2017, the BBC eventually hosted a seven-way debate featuring Corbyn, but Theresa May decided to send then-home secretary Amber Rudd in her place.This campaign has proved no less eventful. The Lib Dems and the SNP lost a legal challenge against ITV on Monday over their exclusion from tonightfs event. The broadcaster had warned it would cancel the debate on Tuesday if the politicians had won. Debate Format: All You Need to Know (7:40 p.m.)Tonightfs hour-long TV debate is being held in Salford, north-west England, in front of a studio audience of around 200 people.ITV journalist Julie Etchingham will moderate, having hosted similar debates in the 2015 and 2017 general elections. Etchingham also took charge of the Conservative party leadership debate this summer, featuring Boris Johnson and Jeremy Hunt.Questions will come from viewers, with ITV saying they will reflect a range of political backgrounds. Both leaders will have a minute to make their opening statements, and then 45 seconds for their closing remarks at the end of the debate. Corbyn will speak first in both instances after lots were drawn.The debate will be followed at 10 p.m. by interviews with leaders from the smaller parties. The Liberal Democratsf Jo Swinson, the Scottish National Partyfs Nicola Sturgeon, the Brexit Partyfs Nigel Farage and co-leader of the Green Party Sian Berry will all feature in the consecutive face-to-face interviews.Corbyn and Johnson Prepare for Battle (5 p.m.)Both the main party leaders are keen to be seen preparing for tonightfs head-to-head TV debate in their own ways. Johnson visited a boxing gym and posted a photo of himself on his Instagram account wearing a pair of boxing gloves, each emblazoned with gGet Brexit Done.hCorbyn, meanwhile, struck a more relaxed pose, posting a video of himself leaning back in a barberfs chair as he received a beard-trim. Time will tell whether the Labour leaderfs fresh cut or his opponentfs hard-man impression will help win over voters.gIfm looking forward to it,h Corbyn told Sky News. Asked if he was nervous, he replied gnot in the slightest, why would I be?hMcCluskey: Corbyn Shouldnft Quit If He Loses (4:30 p.m.)Len McCluskey, leader of Unite, the Labour Partyfs biggest labor union backer, said Jeremy Corbyn should not immediately resign as leader if the Conservatives win the general election, instead calling for a gperiod of reflection.hgBack in 2015, Ed Miliband resigned the following day,h McCluskey said in an interview with the New Statesman. gI think that was wrong of him to do that. You always need a period of reflection.hMcCluskey made clear that he is not expecting Labour to lose, but said the party would have to gconsider the election resulth if it does. He named the partyfs business spokeswoman Rebecca Long-Bailey, education spokeswoman Angela Rayner, and employment Laura Pidcock as rising stars.Labour Wants Customers On Boards (12:45 p.m.)The Labour Party revealed plans to put consumers as well as employees on the boards of large companies, as part of radical plans to shake up corporate governance (see 11:15 a.m.).John McDonnell, Labourfs economy spokesman, said he would require companies to adopt a unitary or two-tier board structure. Thatfs in addition to a requirement announced last year for workers to make up a third of board members.gThe unitary board includes elected stakeholder representation,h McDonnell said. gThe two-tier board comprises an executive board, responsible for the day to day operations, and a supervisory board made up of stakeholders such as customers, employees and long-term investorsGreens Pledges Huge Investment in Environment (12:15 p.m.)The Green Party pledged to spend 100 billion pounds ($129 billion) a year to cut U.K. carbon emissions to net zero by 2030 as it launched its manifesto at a wetlands conservation charity in west London.The money would be spent on renewable energy, insulating homes, building energy efficient social housing and sustainable transport, the party said. Businesses would be offered support to cut their carbon emissions and the party set a target for planting 700 million trees.The party, which is committed to staying in the EU, also said it would introduce a Universal Basic Income to ensure the financial security of citizens.gGreens will tackle the climate crisis, Greens will remain and transform, Greens will build a better Britain,h co-leader Sian Berry said at the manifesto launch. Time is running out and the U.K. must make a choice, she said. gThis is the last election where we can take steps down the right path, and thatfs what we must do.hLabour to Promote Long-Term Shareholding (11:15 a.m.)John McDonnell, Labourfs Economy spokesman, set out plans to encourage more long-term thinking in business with less focus on short-term shareholder value.gShort term focus is a major reason for the poor performance of our economy overallh, he said in a speech in London. gWe want good businesses that make long-term decisions to create sustainable jobs.hIf elected, Labour would rewrite the Companies Act to require directors to promote the glong-term interestsh of workers, communities and the environment, as well as shareholders, he said. Labour is examining incentives to encourage long-term share holding such as those in France that give enhanced voting rights, McDonnell said.One Million Brexit Coins to Be Destroyed (9:45 a.m.)The Royal Mint will have to destroy about a million 50-pence coins minted to celebrate the U.K.fs departure from the European Union and bearing the Oct. 31 date promised by Prime Minister Boris Johnson.Their destruction was revealed by Bloomberg last month after Johnson requested an extension to Brexit until Jan. 31. A spokeswoman for the mint confirmed on Tuesday that around a million will be melted down.She wouldnft comment on the cost of the production and destruction of the coins -- but the price will ultimately be borne by tax payers.Fox Hunting Wonft Be in Tory Manifesto (9:25 a.m.)The Conservative Party will steer clear of fox hunting in its manifesto -- an issue which tripped up former Prime Minister Theresa May in the 2017 election.In his media round on Tuesday, Justice Minister Robert Buckland told Sky News the debate about animal welfare had moved on to other areas, including trophy hunting and puppy breeding. gI would be very surprised if we start returning to those old debates,h he said.May was forced to abandon her pledge to give MPs a free vote on whether to repeal anti-hunting legislation after she unexpectedly lost her parliamentary majority. Labour banned fox hunting when they were last in government, and has pledged to do more to enforce existing rules.Green Party Could Prop Up Corbyn (8:50 a.m.)The Green Party hinted it would support Labour leader Jeremy Corbyn in the event of a hung Parliament, reflecting the split between the anti-Conservative parties over how to proceed if therefs no majority after the Dec. 12 election.After Liberal Democrat Leader Jo Swinson said on Monday that Corbyn is unfit to be prime minister, Green Party co-leader Jonathan Bartley urged MPs to gput aside tribalism.hIn a Bloomberg TV interview, Bartley said the Greens could support a minority Labour government via a so-called confidence and supply agreement -- as long as Corbyn backs remaining in the European Union, recognizes the climate emergency and promises to seek reform of the voting system.The Green Party, Liberal Democrats and the Welsh nationalist Plaid Cymru party have an agreement not to hinder each other in about 60 seats to try to ensure a pro-EU candidate is elected to Parliament in those districts.Labour to Tackle eGrotesque Inequalityf (8:30 a.m.)John McDonnell said a Labour government would be committed to tackling tax evasion and ggrotesque inequalityh and criticized the Conservative government for introducing what he called tax cuts that benefited the wealthiest in society.Asked in a BBC radio interview if he agreed with Labour MP Lloyd Russell-Moyle, who said last month there should be no billionaires in the U.K., McDonnell declined to criticize billionaires directly but said Labour was focused on ensuring geveryone has a decent quality of life.hgWe need to tackle the grotesque levels of inequality that wefve got, and thatfs the main thrust of Labour going into government,h he said. gA fair taxation system, make sure we can fund our public services, make sure actually that everyone pays their taxes as well.hMcDonnell also declined to say what a Labour government would do about student debt thatfs already been accrued if the party scraps university tuition fees, saying only that the current system is failing and the issue will be faced by any party that takes power.Earlier:Arms Race of Election Pledges Comes Too Late for Many in U.K.Brexit or Corbyn? U.K. Business Agonizes Over Election ChoiceLeaders on the Attack Before TV Showdown: U.K. Campaign Trail\--With assistance from Jessica Shankleman, Thomas Penny, Robert Hutton and Tim Ross.To contact the reporters on this story: Greg Ritchie in London at [email protected];Kitty Donaldson in London at [email protected] contact the editors responsible for this story: Tim Ross at [email protected], Stuart BiggsFor more articles like this, please visit us at bloomberg.com2019 Bloomberg L.P.
2. US faces Palestinian, international criticism of Israel settlement move
The United States faced stiff international and Palestinian criticism Tuesday over its decision to no longer consider Israeli settlements illegal, while the Jewish state's premier cheered on the "historic" move. The United Nations and European Union stressed the decision would not change the reality that the settlements were illegal, while the Arab League condemned the unilateral move announced Monday by US Secretary of State Mike Pompeo. Israeli Prime Minister Benjamin Netanyahu, however, said he was "very moved" by the announcement.
3. UN 'alarmed' dozens may be dead in Iran protests
The United Nations voiced alarm Tuesday at reports dozens may have been killed in Iranian demonstrations, as the Islamic republic said it would unblock the internet only once calm has been restored. Amnesty International said more than 100 demonstrators were believed to have been killed across Iran in five days since security forces were ordered to "crush" the protests triggered by fuel price rises. Iran's economy has been battered since May last year when the United States unilaterally withdrew from a 2015 nuclear agreement and reimposed crippling sanctions.
4. Iran will seek new fighter jets, tanks as 2020 embargo lifts
A senior U.S. intelligence official says Iran will likely buy new advanced fighter jets and tanks next year when a U.N. Security Council arms embargo is scheduled to be lifted. The official says a new Defense Intelligence Agency assessment of Iranfs military capabilities concludes Tehran is committed to becoming the dominant power in the Middle East. It also finds the Islamic Republic is making rapid progress developing attack drones and other missile systems.
5. GRAPHIC-Pound, FTSE250 tracking rising chance of Tory majority in Britain's December election
Sterling and UK domestic stocks have rallied strongly this month as betting markets sharply increase the chances that Britain's incumbent Conservative Party will secure a parliamentary majority in the country's first Christmas election in nearly a century. Britain goes to the polls on Dec. 12 to try to break the Brexit deadlock in parliament more than three years since the country voted to leave the European Union. Odds of an overall Conservative majority tumbled to 4/9 on online betting exchange Betfair Exchange earlier this week, the shortest odds for the party in the two years that the market has been open.
6. Israeli settlements are still illegal despite Trump backing them, says UN
Israeli settlements in occupied Palestinian territory remain illegal despite the US saying it no longer considers them inconsistent with international law, the United Nations human rights office has said.The Trump administration abandoned its four-decade policy on Monday by saying it was greversing the Obama administrationfs approach towards Israeli settlementsh.
7. UPDATE 1-More than 100 protestors killed in Iran during unrest - Amnesty International
Amnesty International said on Tuesday that more than 100 protestors had been killed in 21 cities in Iran during unrest that broke out over a rise in fuel prices last week. Snipers have shot into crowds of protestors from rooftops and, in one case, from a helicopter, Amnesty said. An Iranian official said they had subsided on Tuesday, a day after the Revolutionary Guards warned of "decisive" action if they did not cease.
8. UPDATE 1-France regrets U.S. decision on Fordow, rebukes Iran
France lamented on Tuesday a U.S. decision to end a sanctions waiver related to Iran's Fordow nuclear facility, but also said it feared Tehran's latest violations of a 2015 deal could lead to serious nuclear proliferation. "We regret the decision of the United States, following Iran's resumption of enrichment on the Fordow site, to terminate an exemption that would facilitate the conduct of civilian projects on this site," foreign ministry spokeswoman Agnes von der Muhll told reporters in an online briefing. The Trump administration, which last year pulled out of the Iran nuclear deal and re-imposed sanctions on Tehran, had until Monday let the work go forward at the Fordow fuel enrichment plant by issuing waivers to sanctions that bar non-U.S. firms from dealing with the Atomic Energy Organization of Iran (AEOI).