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EU watchdog tells banks to speed up Brexit preparations
Banks have failed to make enough progress on their Brexit preparations and should not expect “miracle” public intervention to help them, the European Union's banking watchdog said on Monday.
While Britain and the EU have agreed in principle on a transition deal lasting from Brexit next March to the end of 2020, it is part of a broader divorce settlement that has yet to be formally adopted.

Banks' preparations for the potential departure of Britain from the EU without a ratified withdrawal agreement are inadequate, the European Banking Authority (EBA) said in a statement on Brexit.

“This should be a wake up call. Time is running out, in some cases it has run out, and don't assume there will be a transition period,” said Piers Haben, EBA director of banking markets, innovation and consumers.

Banks in Britain are submitting applications for licences to set up or expand operations in the EU to ensure continu..

Kane bags three as England thrash Panama at the World Cup
England's young and free-flowing team banished the ghost of past national failures with a record 6-1 thrashing of a feeble Panama that included a hat-trick by Harry Kane and eased them into the last 16.
England's biggest-ever World Cup win, which included two penalties by Kane then a deflection off his heel, also guaranteed Belgium's berth in the next round. England and Belgium have identical records ahead of their meeting next week to decide who tops the group.

It left the shell-shocked Central Americans out of their debut tournament with nine goals conceded in Group G. Tunisia were also eliminated.

Playing from the off with an ease and trickery that contrasted with the stressed-looking England flops of recent international tournaments, Gareth Southgate's team romped into a remarkable 5-0 lead at half-time.

Defender Jon Stones headed England in front in the eighth minute from a corner, losing his..

MP's to vote on plans to expand Heathrow airport
MPs are expected to vote on the Airports National Policy Statement today which recommends construction of a third runway at Heathrow.
The plans are backed by the government but opposed by a significant number of Conservative MPs, particularly those with constituencies near the airport.

Foreign Secretary Boris Johnson opposes the plans, and trade minister Greg Hands resigned over the issue last week. Labour is also split over the third runway, and the party's leadership has given MPs a free vote on the issue. Shadow Chancellor John McDonnell, whose constituency of Hayes and Harlington is home to the airport, is opposed to the third runway, while a number of Labour's trade union backers are strongly in favour.

Greg Hands, the Member of Parliament (MP) for Chelsea and Fulham, which is located under the Heathrow flight path, pledged to his constituents at last year's general election to vote against any expansi..

Uber heads to court in a battle to keep London licence
Uber goes to court on Monday to overturn a decision stripping it of its licence in London after being ruled unfit to run a taxi service in its most important European market.
Regulator Transport for London (TfL) shocked the Silicon Valley firm last September by refusing to renew its licence, citing failings in its approach to reporting serious criminal offences and to background checks on drivers.

Uber, whose backers include Goldman Sachs and BlackRock and which is valued at over $70 billion, has faced protests, bans and restrictions around the world as it challenges traditional operators and angers some unions.

In London, the firm has since made several changes to its business model since losing its licence, including the introduction of 24/7 telephone support and the proactive reporting of serious incidents to the city's police.

It has also changed its senior management and apologised for mistakes.

“I know we go..

UK in the grip of a heatwave with temperatures expected to exceed 30C
A band of high pressure will bring plenty of fine, sunny and warm weather to the UK this week, with temperatures rising even further.
Temperatures nationwide will be in the low to mid 20s, with a few spots into the high 20s, and are set to rise even further from mid-week.

Chief Meteorologist, Frank Saunders said, “As warmer air from the continent moves towards the UK from Wednesday, temperatures will climb into the mid to high 20s quite widely, even in parts of Scotland and Northern Ireland. By this stage, some places in England and Wales will very likely top 30 Celsius – it’s not unlikely somewhere could reach 32 Celsius. With almost wall-to-wall sunshine we’ll certainly be looking at conditions which many of us would call a heatwave.”

UV levels will be high or very high during this warm and sunny spell, so people should take care when outside enjoying the weather.

Dr Owen Landeg, of Public Health Engla..

Kane bags three as England thrash Panama at the World Cup
England's young and free-flowing team banished the ghost of past national failures with a record 6-1 thrashing of a feeble Panama that included a hat-trick by Harry Kane and eased them into the last 16.
England's biggest-ever World Cup win, which included two penalties by Kane then a deflection off his heel, also guaranteed Belgium's berth in the next round. England and Belgium have identical records ahead of their meeting next week to decide who tops the group.

It left the shell-shocked Central Americans out of their debut tournament with nine goals conceded in Group G. Tunisia were also eliminated.

Playing from the off with an ease and trickery that contrasted with the stressed-looking England flops of recent international tournaments, Gareth Southgate's team romped into a remarkable 5-0 lead at half-time.

Defender Jon Stones headed England in front in the eighth minute from a corner, losing his..

EU leaders to discuss migration
European Union leaders will meet in Brussels in an attempt to bridge their deep divisions over migration
Though arrivals across the Mediterranean are only a fraction of what they were in 2015, when more than a million people reached Europe, a recent opinion poll showed migration was the top concern for the EU’s 500 million citizens.

Under heavy pressure from voters at home, EU leaders have been fighting bitter battles over how to share out asylum seekers in the bloc.

Unable to agree, they have become more restrictive on asylum and tightened their external borders to let fewer people in. They have given money and aid to countries in Northern Africa and the Middle East to keep people from heading for Europe.

Only 41,000 refugees and migrants have made it to the EU across the sea so far this year, U.N. figures show.

But the issue has in the meantime won and lost elections for politicians across the bloc from Italy to Hungary, with voters favou..

Over 500 migrant children reunite with parents in USA
The U.S. Homeland Security Department say 522 children have been reunited with their parents after being separated from adults as part of a “Zero Tolerance” initiative
The department said in a statement U.S. Customs and Border Protection expects a small number of children separated for reasons other than zero tolerance would remain separated, including if the familial relationship cannot be confirmed.

President Donald Trump on Wednesday signed an executive order to end his policy of separating immigrant children from their families on the U.S.-Mexico border, after images of youngsters in cages sparked outrage at home and abroad.

As of June 20, the Department of Health and Human Services (HHS) had 2,053 separated minors being cared for in HHS-funded facilities, and it was “working with relevant agency partners to foster communications and work towards reuniting every minor and every parent or guardian via well-established ..

Saudi women allowed to drive
Women in Saudi Arabia took to the roads at midnight for the first time
This has ushered in the end of the world’s last ban on female drivers, long seen as an emblem of women’s repression in the deeply conservative Muslim kingdom.

“It feels weird, I am so happy … I’m just too proud to be doing this right now,” said 23-year-old Majdooleen al-Ateeq as she cruised across Riyadh for the first time in her black Lexus.

The lifting of the ban, ordered last September by King Salman, is part of sweeping reforms pushed by his powerful young son Crown Prince Mohammed bin Salman, in a bid to transform the economy of the world’s top oil exporter and open up its cloistered society.

Women drove up and down a main road in the eastern city of Khobar and cheered as police looked on.

“We are ready, and it will totally change our life,” said Samira al-Ghamdi, a 47-year-old psychologist from Jeddah, one of the first women to be issued a license.

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Trump says 20 percent tariff on all U.S. imports of European Union-assembled cars could happen
President Donald Trump threatened to escalate a trade war with Europe.
Trump posted his threat on Twitter the day European Union reprisals took effect against U.S. tariffs on European steel and aluminium. The EU targeted $3.2 billion in American goods exported to the 28-member bloc.

“If these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump wrote.

A month ago, the administration launched a probe into whether auto imports pose a national security threat.

German automakers Volkswagen AG (VOWG_p.DE), Daimler AG and BMW AG build vehicles at plants in the United States. Industry data shows German automakers build more vehicles in southern U.S. states that voted for Trump than they ship to the United States from Germany.

The European Autos Stocks Index fell sharply after Trump’s ..


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