News That Matters

Tag: talks

North Korean diplomat: Talks with U.S. are “possible”

North Korean diplomat: Talks with U.S. are “possible”

World
SEOUL, South Korea, Dec. 12 (UPI) -- A top North Korean diplomat has reportedly said a dialogue between Pyongyang and Washington "is possible," given the right conditions.Japanese broadcaster NHK reported that the North's ambassador to the United Nations Ja Song Nam arrived in Beijing on Tuesday, where he told reporters that talks with the United States could be on the cards.When asked what kind of conditions would check the boxes, Ja said they would have to be "conditions the North requires."Experts say the reclusive regime is seeking Washington's acceptance of North Korea as a nuclear state which could be a precondition for talks."The North wishes to hold a one-on-one negotiation with Washington. President Trump is all about doing business so the regime appears to be aiming to maximize i...
RCom says in settlement talks, CDB counsel denies move

RCom says in settlement talks, CDB counsel denies move

Finance
MUMBAI: Reliance Communications (RCom) on Wednesday insisted it was negotiating a settlement with China Development Bank, one of its largest creditors, even as the Chinese government banker sought to club its insolvency petition against the Anil Ambani-led company with other petitions seeking the same. “We have received an email from petitioner…we are in talks and may not have to go through all this,” Navroz Seervai, a senior counsel representing RCom, told the National Company Law Tribunal (NCLT). Senior counsel Darius Khambata, who represented China Development Bank (CDB), however, told the tribunal that his client has given no “such instruction” on any discussion between the two firms. CDB is looking to recover $ 1.78 billion, or about Rs 11,460 crore, of dues the debt-laden telecom
UK and EU fail to strike Brexit talks deal

UK and EU fail to strike Brexit talks deal

World
The UK and EU have failed to reach an agreement to move to the next stage of Brexit talks, Theresa May has said.The prime minister said talks would reconvene "before the end of the week" and she was "confident we will conclude this positively".The talks are understood to have broken down after the Democratic Unionist Party refused to accept concessions on the Irish border issue.Downing Street said that was not the only outstanding problem.Irish Prime Minister Leo Varadkar said a deal had been done, but the UK appeared to change its mind over the Irish border question after pressure from the DUP."I am surprised and disappointed that the British government now appears not to be in a position to conclude what was agreed earlier today," he told a press conference in Dublin.Northern Ireland's D...
Brexit supporters list demands for 'divorce bill' talks

Brexit supporters list demands for 'divorce bill' talks

Business
Leading Brexit supporters have urged the prime minister not to settle the UK's "divorce bill" unless the EU agrees to a series of conditions.The Leave Means Leave group, which includes ex-cabinet ministers, says Brussels must end the European Court of Justice's jurisdiction over the UK.It also wants freedom of movement to the UK for EU citizens to stop when Britain leaves the bloc in March 2019.Theresa May is to hold more meetings next week on the terms of the UK exit.The UK is hoping to move on to talking about trade but the EU will only do this when it deems "sufficient progress" has been made on three areas - the so-called divorce bill, the rights of EU citizens in the UK after Brexit and the Irish border.The prime minister has said discussions were continuing over the amount the UK wil...
Germany's Merkel suffers blow as FDP pulls out of coalition talks

Germany's Merkel suffers blow as FDP pulls out of coalition talks

World
Media playback is unsupported on your deviceTalks on forming a coalition government in Germany have collapsed, leaving Angela Merkel facing her biggest challenge in 12 years as chancellor.The free-market liberal FDP pulled out after four weeks of talks with Mrs Merkel's CDU/CSU bloc and the Greens.FDP leader Christian Lindner said there was "no basis of trust" between them.What happens next is unclear, but Mrs Merkel is due to meet President Frank-Walter Steinmeier, who has the power to call snap elections.Her bloc won September's poll, but many voters deserted the mainstream parties.Germany coalition: Merkel's 'political party poker'Why German election was a turning pointMrs Merkel said she regretted the collapse of the talks, adding she would meet the German president later on Monday to ...