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Boris Johnson wants Brexit renegotiated

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British Prime Minister Boris Johnson has sent an ultimatum to Brussels to renegotiate Brexit or face the prospect of Britain leaving the European Union (EU) without a deal.

Britain’s new Prime Minister Boris Johnson waves from the steps outside 10 Downing Street, London, Wednesday, July 24, 2019. Boris Johnson has replaced Theresa May as Prime Minister, following her resignation last month after Parliament repeatedly rejected the Brexit withdrawal agreement she struck with the European Union. (AP Photo/Frank Augstein)

In his first statement to parliament, Johnson said: “We are ready to negotiate, in good faith, an alternative (Brexit deal).

“We will throw ourselves into these negotiations with the greatest energy and determination.”
Johnson expressed the hope that EU leaders would “rethink their current refusal” to renegotiate Britain’s EU withdrawal agreement.
“If they do not, we will have to leave without an agreement,” he said.

He added that he had asked his new ministers to make preparations for a no-deal Brexit their “top priority”.

Johnson insisted that Britain must leave the bloc by the delayed exit date of Oct. 31, with or without a deal.

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Tunisian President is dead

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President of Tunisia Beji Caid Essebsi has died at the age of 92 after being taken to a military hospital on Wednesday for the second time in the last month.

Beji Caid Essebsi was a Tunisian politician who was the fifth President of Tunisia from December 2014 until his death. Previously he served as Minister of Foreign Affairs from 1981 to 1986 and as Prime Minister from February 2011 to December 2011.

The presidency was not immediately available for an official comment.
Hafedh Caid Essebsi, the president’s son, said that Essebsi was hospitalized on Wednesday after he suffered the effects of last month’s crisis, confirming an earlier report on local radio.

Essebsi, a major player in the country’s transition to democracy since 2011, had been hospitalized late last month and spent a week in hospital after suffering a “severe health crisis”.

But the president has only appeared twice since leaving the hospital on July 1.

Essebsi has been a prominent figure in Tunisia since the overthrow of the veteran autocrat, Zine El-Abidine Ben Ali, in 2011, which was followed by uprisings against authoritarian leaders across the Middle East, including in nearby Libya and Egypt.

Parliamentary elections are expected to be held on October 6 with a presidential vote following on November 17. They will be the third set of polls in which Tunisians can vote freely following the 2011 revolution.

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#DidYouKnow That Ghana deported 994 Nigerians since 2018?

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The Nigerian government has disclosed that 994 of its nationals were deported from Ghana – Abike Dabiri

The Nigerian government did not disclose why they were deported but said 508 of them were deported within the last six months, while 486 were repatriated in 2018.

This was made known by the Senior Special Assistant to President Muhammadu Buhari on Diaspora Affairs, Abike Dabiri-Erewa.

Dabiri-Erewa made the disclosure while meeting a Nigerian professor, Augustine Nwagbara, who was sacked by the University of Education, Winneba, for incitement.

She warned of dire consequences if its nationals are shabbily treated in Ghana and on the African continent.

She said, “It will not go down well on the continent if Nigeria decides to do what they do to Nigerians over there. We demand respect.

“If a Nigerian commits a crime, you should deal with that particular person rather than generalize issues by punishing those who are innocent of the crime.”

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Lagarde leaves IMF

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The International Monetary Fund (IMF) Managing Director, Christine Lagarde, has resigned her appointment and will be leaving the Bretton Woods institution on September 12.

IMF’s Executive Board in a statement yesterday in Washington DC, said it had accepted her resignation and would soon kick-start the process to find her replacement.
“Today the IMF Executive Board accepted Managing Director Christine Lagarde’s resignation from the Fund with effect from September 12, 2019.

“With this decision by Managing Director Lagarde, the IMF Executive Board will initiate promptly the process of selecting the next managing director and will communicate in a timely fashion.
“The Executive Board has the utmost confidence in Mr. David Lipton, who remains Acting Managing Director of the Fund in the interim period,” it said.

Lagarde had announced in a statement yesterday that she had submitted her resignation from the IMF and it would go into effect in September.
“I have met with the Executive Board and submitted my resignation from the Fund with effect from September 12, 2019.

“The relinquishment of my responsibilities as managing director announced previously will remain in effect until then.
“With greater clarity now on the process for my nomination as ECB President and the time it will take, I have made this decision in the best interest of the Fund, as it will expedite the selection process for my successor,” Lagarde said.

According to her, while the Executive Board would be taking the needed steps to proceed toward selecting a new managing director, David Lipton would remain the Fund’s acting managing director.
On July 9, the EU Economic and Financial Affairs Council adopted a formal recommendation to nominate Lagarde as president of the European Central Bank.

Her nomination will now be discussed by the ECB governing council and the European Parliament, and the final appointment by European Council in October.
She was named as the next Managing Director of the IMF for a five-year term, starting on July 5, 2011, replacing Dominique Strauss-Khan.

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Oil prices in steady decline

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US crude stocks fell 9.5 million barrels in the week to July 5, more than triple the 3.1 million barrel draw analysts had expected, as refineries ramped up output, the country’s Energy Information Administration (EIA), said.

The report followed data from the American Petroleum Institute (API), an industry group, on Tuesday that had boosted oil prices earlier.

Reuters reported that major oil firms began evacuating and halting production in the Gulf of Mexico after weather forecasts warned that a tropical disturbance might become a storm yesterday (Wednesday) or today.

Chevron Corporation, Royal Dutch Shell, BP, and BHP Group were in the process of removing staff from 15 offshore platforms.

ExxonMobil said it was “closely monitoring” the disturbance to determine if its facilities might be affected.

The Gulf of Mexico is home to 17 percent of United States crude oil output, which stands at around 12 million barrels per day (bpd).

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