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Tag: reject

Feds reject removal of 4 US Northwest dams in key report

Feds reject removal of 4 US Northwest dams in key report

Technology
PORTLAND, Ore. -- A long-awaited federal report out Friday rejected the idea of removing four hydroelectric dams on a major Pacific Northwest river in a last-ditch effort tosave threatened and endangered salmon, saying such a dramatic approach would destabilize the power grid, increase overall greenhouse emissions and more than double the risk of regional power outages. The four dams on the lower Snake River are part of a vast and complex hydroelectric power system operated by the federal government in Washington, Oregon, Idaho and Montana. The massive dams, built in eastern Washington between 1961 and 1975, are at the center of a years-long battle that pits the fate of two iconic Pacific Northwest species — the salmon and the killer whale — against the need for plentiful, carbon-free pow
Brexit bill ‘in limbo’ as MPs reject timetable

Brexit bill ‘in limbo’ as MPs reject timetable

World
Media playback is unsupported on your device Boris Johnson has hit the pause button on his Brexit legislation after MPs rejected his plan to get it through the Commons in three days.MPs backed his Withdrawal Agreement Bill - but minutes later voted against the timetable, leaving it "in limbo".After the vote, EU Council President Donald Tusk said he would recommend EU leaders backed an extension to the 31 October Brexit deadline.But a No 10 source said if a delay was granted, the PM would seek an election.On Saturday, Mr Johnson complied with a law demanding he write to the EU to ask for a three-month extension, but did not sign the letter.Following the result in the Commons, he said it was Parliament and not the government that had requested an extension.M...
British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

Finance
Sterling rose on Wednesday after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement. The pound was up 2 percent against the dollar at $ 1.3339 as investors become more optimistic that a hard Brexit would be ruled out. That's the biggest move since April 2017. "Our base view — and the currency is telling you this — is we will get some form of resolution," said KKR's global head of macro and asset allocation Henry McVey on CNBC's Closing Bell. "Clearly, there's been slowing related to Brexit. The way we're approaching it is this...
Pound jumps as MPs vote to reject no-deal Brexit

Pound jumps as MPs vote to reject no-deal Brexit

Business
By John-Paul Ford Rojas, business reporter The pound has jumped as MPs voted to rule out a no-deal Brexit, on another day of volatile currency trading.Sterling climbed by as much as three cents against the US dollar to nearly $ 1.34, a nine-month high, and was two cents up versus the euro to as high as €1.18 - a new 22-month peak. That was after an amendment rejecting a no-deal Brexit in all circumstances was narrowly backed by the Commons.The currency had already made big gains in the run-up to the vote. It has swung wildly over the last couple of days.There was a broad welcome for the result from business groups but it was combined with continued frustration about the lack of a clear way forward for the process. Edwin Morgan, interim direc...