Brexit: Nearly 20 banks have committed to Frankfurt since vote to leave EU, German officials say

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Nearly 20 banks have committed to launching new European Union hubs in Frankfurt since the Brexit vote, according to German officials.
The economy minister for the state of Hesse, where Frankfurt is situated, said the city was confident it would attract more, with another 60 firms yet to decide on additional EU headquarters.
“We've got 18 entities… that have committed,” Tarek Al-Wazir said during his most recent trip to London.​
Read more UK passengers have stronger rights to flight compensation post Brexit India 'not in a rush' to sign trade deal with Britain after Brexit US lays out Brexit trade deal 'wish list' of regulations to scrap “There will be other entities who are in the decision process now, so we're in contact with some of them – of course, we're not able to say who they are, but at the end if you compare everything that happened since the Brexit referendum and if you compare the real decisions made, I think we are number one on t..

IPOB Media and Publicity Secretary Emma Powerful: Why we’re against Ohanaeze summit on restructuring

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The Media and Publicity Secretary of the proscribed Indigenous People of Biafra, Emma Powerful, in this interview with TONY OKAFOR, explains why his group is against the Ohanaeze summit on restructuring and other issues Why is your group kicking against the Ohanaeze summit on restructuring? Ohanaeze Ndigbo has outlived its usefulness. An organisation that claims…

Zuckerberg Gets a Crash Course in Charm. Will Congress Care?

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Zuckerberg Gets a Crash Course in Charm. Will Congress Care? Photo Facebook has been preparing its chief executive, Mark Zuckerberg, who is uncomfortable speaking in public, for a grilling by several congressional committees in the coming week. Credit Pablo Martinez Monsivais/Associated Press For Facebook, Tuesday is being seen as a kind of dreaded final exam.
That’s when Mark Zuckerberg, the company’s chief executive, will swap out his trademark gray T-shirts for a suit and tie, and embark on a two-day marathon of testimony on Capitol Hill. His goal? To apologize for Facebook’s missteps, reassure Congress that Facebook intends to stop foreign powers from using its service to meddle in American elections and detail the company’s plans to better protect its users’ privacy.
In preparation for Mr. Zuckerberg’s testimony, his first such appearance, Facebook has spent the last couple of weeks trying to transform its public image from a defiant, secretive behemoth into a contrite paragon of ..

Congo Rejects a Humanitarian Appeal on Its Own Behalf

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Despite Millions of Refugees, Congo Rejects U.N. Aid Effort Photo A refugee camp in Bunia, Democratic Republic of Congo. Millions have been affected by domestic conflict. Credit John Wessels/Agence France-Presse — Getty Images NAIROBI, Kenya — When the United Nations hosts a donor conference next week to raise $1.7 billion for the violence-racked Democratic Republic of Congo, one important country will not attend: Congo itself.
The government of President Joseph Kabila has said that it will boycott the gathering, denying that his central African nation faces a humanitarian crisis at all.
The move, which took some diplomats by surprise, was another sign of the increasing isolation of the government of Mr. Kabila, who has faced internal rebellion and international criticism for holding on to power in defiance of constitutional term limits.
The government’s increasingly bellicose stance comes as it has been blasting what it calls international “meddling” in the country’s politics. Under i..

Ex-President ‘Lula’ of Brazil Surrenders to Serve 12-Year Jail Term

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Ex-President ‘Lula’ of Brazil Surrenders to Serve 12-Year Jail Term Photo Luiz Inácio Lula da Silva, the former president of Brazil, greeted supporters in front of the Metal Workers Union headquarters on Saturday in São Bernardo do Campo, Brazil. Credit Lalo de Almeida for The New York Times CURITIBA, Brazil — After vowing for months that a conviction on corruption charges would not stand in the way of his bid for a third term as Brazil’s leader, former President Luiz Inácio Lula da Silva surrendered to the police on Saturday evening to begin serving a 12-year sentence.
His imprisonment was an ignominious turn in the remarkable political career of Mr. da Silva, the son of illiterate farmworkers who faced down Brazil’s military dictators as a union leader and helped build a transformational leftist party that governed Brazil for more than 13 years.
His detention was also a momentous development in the coming election in Brazil, upending the race to replace President Michel Temer in Octo..