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Pound sags amid 'hard Brexit' signals ahead of May speech

Pound sags amid 'hard Brexit' signals ahead of May speechThe British pound fell to a three-month low on Monday amid reports Prime Minister Theresa May is about to set the U.K. on the road to a clean break with the European Union, pushing the country into uncertain ...



Europe hits back at Trump over NATO, Iran deal

US President-elect Donald Trump in a hard-hitting interview with two major European newspapers, unleashed a volley of verbal attacks on EuropeTop European officials hit back at US President-elect Donald Trump on Monday after he branded the NATO alliance "obsolete" and lashed out at a key nuclear deal with Iran. In a hard-hitting interview with two major European newspapers, Trump unleashed a volley of verbal attacks on Europe, dubbing German Chancellor Angela Merkel's refugee policy "catastrophic" and hailing Britain's decision to leave the EU. "The European Union will continue to work for the respect and implementation of this extremely important deal, most of all for our security," she said.



Turkey takes key step to expanding Erdogan powers

Turkish President Recep Tayyip ErdoganTurkey was a key step closer on Monday to dramatically expanding the powers of President Recep Tayyip Erdogan after parliament approved, on first reading, a bill critics fear will lead to one-man rule. The ruling Justice and Development Party (AKP) mustered the necessary 330 or more votes -- a three-fifths majority -- needed to adopt the constitutional change and send it to a referendum for final approval.



German ministers reject Trump remarks on car tariffs

FILE - In this Jan. 13, 2017 file photo, President-elect Donald Trump speaks with reporters in the lobby of Trump Tower in New York. Trump has offered views on U.S. relations with Asia that could indicate radical shifts in long-standing policy toward the region. From opposing free trade agreements to confronting China and questioning Japan-South Korea alliances, he appears set to be charting a course far different from previous administrations. (AP Photo/Evan Vucci, File)BERLIN (AP) — Senior German officials reacted with surprise and alienation Monday to comments made by President-elect Donald Trump, who said in an interview that NATO was "obsolete" and threatened Germany's automakers with hefty import taxes.



UN agency chiefs urge access for aid to civilians in Syria

FILE - This file frame grab from video provided on Sunday, Dec. 25, 2016 by Step News Agency, a Syrian opposition media outlet that is consistent with independent AP reporting, shows smoke rise from the government forces shelling on Wadi Barada, northwest of Damascus, Syria. Opposition activists and Syria's state TV said on Friday, Jan. 13, 2017 that maintenance workers have arrived in the rebel-held valley near Damascus to fix the water facility there, ending a violent standoff that has dried out the capital for weeks. (Step News Agency, via AP, File)DAVOS, Switzerland (AP) — The heads of major U.N. organizations on Monday called for access to civilians cut off from humanitarian aid in Syria, saying the world "must not stand silent" even though the high-profile siege of the Syrian city of Aleppo is over.





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