Tag: urges

Aug122017 by adminNo Comments

North Korea: China urges Trump not to worsen situation

Media playback is unsupported on your deviceChina's President Xi Jinping has urged Donald Trump and North Korea to avoid "words and actions" that worsen tensions, state media say.Mr Trump and North Korea have been exchanging hostile rhetoric, with the US president threatening to rain "fire and fury" on the North.But China, North Korea's only major ally, has been urging restraint.A White House statement said the US and China agreed North Korea must stop "provocative and escalatory behaviour".Long-standing tensions over North Korea's nuclear programme worsened when it tested two intercontinental ballistic missiles in July.The regime was also angered by last week's UN decision to increase economic sanctions against it.According to Chinese state media, Mr Xi told Mr Trump in a phone call that ...

Aug112017 by adminNo Comments

Nationwide urges lending caution amid 'slowdown'

Business

The boss of Nationwide has warned banks and building societies will have to "balance carefully" the way they lend to squeezed households as a possible economic slowdown looms.Chief executive Joe Garner said that while consumers were becoming more worried about the UK outlook - which has turned gloomier as Brexit approaches - most did not see the fall-out from the EU referendum affecting their access to borrowing.But he said it was important for lenders to weigh the supply of loans carefully against affordability to support demand from consumers "in a responsible way" through a slowdown.Mr Garner made the comments as Nationwide, Britain's biggest building society, reported a 20% fall in pre-tax profits to £322m for the quarter to the end of June, partly due to one-off gains made in the same

Aug62017 by adminNo Comments

North Korea: China urges neighbour to stop missile tests

World

China's foreign minister has told his North Korean counterpart that Pyongyang should stop carrying out nuclear and missile tests, hours after fresh sanctions were agreed by the United Nations Security Council.Wang Yi said he urged Ri Yong-ho to abide by UN resolutions in a meeting on Sunday in the Philippines.He did not say how Mr Ri replied. Saturday's resolution banning North Korean exports and limiting investments in the country was passed unanimously.Mr Wang said sanctions were needed, but "are not the final goal", and he urged dialogue. He said he told North Korea to remain calm, and not provoke the international community with more tests.The Chinese envoy also urged the US and South Korea not to increase tensions, saying that the situation was at a "critical point", but also a junctu...

Jul62017 by adminNo Comments

CBI urges single market until Brexit deal

Business

The UK should stay in the single market and customs union until a final Brexit deal is in force, according to the CBI.Carolyn Fairbairn, head of the business lobby group, said it was "impossible" that all the details of a new trade deal with the European Union would be in place by March 2019.That is when talks about the UK's withdrawal are due to formally finish.To minimise disruption, UK businesses need a "bridge" instead of a "cliff edge" for the new deal, she said.Businesses are delaying investment because of the uncertainty, according to the CBI, whose members employ nearly 7 million people. The government said it was working with businesses to ensure the Brexit process was "smooth"."While we will be leaving the single market and the EU customs union, we want to achieve a comprehensive...

Jun232017 by adminNo Comments

Demarai Gray urges club managers to give young English talent more opportunities

Sports

Demarai Gray believes England's young guns must be given more of a chance with their club sides as he revealed his frustration at Leicester.The 20-year-old scored the opener in Thursday's 3-0 win over Poland as the England Under-21s reached the semi-finals of Euro 2017. It is the first time the Young Lions, who topped Group A in Poland, have reached the knockout stages of the competition since 2009.They have followed England Under-20s' World Cup success earlier this month while the Under-17s reached the final of their European Championships in May.And Gray, who has made just 10 Premier League starts for the Foxes since joining from Birmingham 18 months ago, feels England's rising stars deserve more faith."Managers have to trust you and give you a chance. If they do we will have more Englis