Monday 26 November 2018

Monday Morning Briefing: U.S. fires tear gas into Mexico to repel migrants

Highlights

U.S. authorities shut the country’s busiest border crossing and fired tear gas into Mexico on Sunday to repel Central American migrants approaching the border after President Trump vowed the asylum-seekers would not easily enter the country.

After capturing the U.S. House of Representatives with a campaign that spoke of holding Trump accountable, some powerful House Democrats are now urging restraint and a focus on policy, at least at the outset.

Supreme Court justices will take up Apple’s effort to bury a lawsuit seeking damages from the company for allegedly monopolizing the market for iPhone software applications and forcing consumers to overpay.

Russia

Exclusive: Russia plans to impose stiffer fines on technology firms that fail to comply with Russian laws, sources familiar with the plans said, raising the stakes in the Kremlin’s fight with global tech giants such as Facebook and Google.

Russia resisted international calls to release three Ukrainian naval ships that its border patrols had fired on and seized near Crimea at the weekend, triggering the most dangerous crisis in years between Moscow and Kiev.

 

A backgrounder on yesterday's flare-up, including stats on Ukraine's economic pain from the disruption of shipping to and from its ports this year https://t.co/N1WJujlKeN

7:02 AM - Nov 26, 2018

World

European Union leaders finally sealed a Brexit deal, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it. Britain’s top share index joined a European rally as gains in sterling were curbed by uncertainty over next month’s vote in parliament over the Brexit deal that won backing on Sunday in Brussels.

Rohingya refugees from Myanmar in camps in Bangladesh began a protest, demanding that Bangladesh recognize their ethnicity as Rohingya and that officials and aid agencies stop sharing their family information with Myanmar. Two Reuters journalists, Wa Lone and Kyaw Soe Oo, have been imprisoned in Myanmar for 350 days. See the latest updates on the case.

Saudi Arabia raised oil production to an all-time high in November, an industry source said, as Trump piled pressure on the kingdom to refrain from production cuts at an OPEC meeting next week.

Commentary: French protests against fuel price rises are “exhibit A” in the season of rising discontent against governments both right and left. “In Brazil, as in France, the United States, Italy, the UK and beyond, the haves and have-littles regard each other with mutual incomprehension, often with contempt,” writes columnist John Lloyd. “Failing a recovery of trust, real trouble will come.”

Autos

Mitsubishi Motors ousts Ghosn as chairman, days after Nissan firing

Mitsubishi Motors said its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor last week for alleged financial misconduct.

4 min read

VW, Ford alliance borne out of need to adapt to fragmented markets

The proposed alliance between Volkswagen and Ford shows that the days of carmakers going it alone are over, as tariffs, new technology and tougher emissions rules fragment markets that were once global.

7 Min Read

GM plans major announcement on global operations Monday: Canada union

General Motors is set to make a major announcement that will affect its global operations and threatens to shutdown a big vehicle assembly plant in the province of Ontario, a Canadian union said.

4 min read

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