FSN Radio Feed

Thursday, May 10, 2018

RBS reaches $5b settlement with US regulators over pre-crash financial products

Britain's Royal Bank of Scotland has agreed to pay nearly $5 billion to US regulators to settle a long-running probe into its actions in the lead up to the 2008 financial crisis.

RBS described the settlement as a milestone and financial markets reacted positively with RBS shares rising nearly 5 per cent in early trade. From London, Catherine Drew reports.

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20 Killed in Kenya Dam Burst

Intro;

At least 21 people are reported dead after a dam burst its walls in Western Kenya.

According to Kenya's Interior Ministry, a reservoir at Solai in Nakuru County overflowed running down nearby homes

Our reporter Michael Baleke has that report.

Michael Baleke reports from Kampala.

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Michael Baleke,
Correspondent / Uganda Bureau Chief

Phone: +256 751 914 838

Email: balekem@featurestory.com

michaelbaleke@gmail.com

Twitter: @mbaleke

Website: www.featurestorynews.com

Address: Regency Apartments & Suites, Plot 30, Lugogo Bypass, Kampala. (Uganda)

Two Indian men arrested for Nasa con

Indian police have arrested a man and his son for duping a businessman by claiming that the two worked for the American space agency Nasa.

The men were nabbed wearing 'space suits' made out of aluminium tin foil.

Our India correspondent Neha Poonia has more.

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FREED AMERICANS HOME FROM NORTH KOREA

President Trump has welcomed three Americans freed from jail sentences by North Korea.

The President was on hand at Andrews Air Force Base in the early hours of Thursday morning local time to welcome the men back to US soil.

Secretary of State Mike Pompeo negotiated their release during a visit to North Korea, and also fixed a date and a location for the planned summit meeting between President Trump and Kim Jong Un.

Kim Hak-song, Tony Kim and Kim Dong-chul have thanked President Trump and the Secretary of State for securing their release.

US political analyst Peter Matthews says it's a significant moment.

IN: "It's not…
OUT: ….humane basis."
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Walmart buy 77 per cent stake in India's Flipkart for $16 billion

The US retail giant Walmart is buying a majority stake in the Indian e-commerce company Flipkart.

The 16 billion US dollar deal will give Walmart access to India's rapidly growing online shopping market.

Our correspondent Rebecca Bundhun reports from Mumbai

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Three arrested during $100 million drugs sting in Sydney

Wednesday, May 9, 2018

Trump will welcome 3 freed Americans from North Korea

President Trump has welcomed North Korea's decision to free three Americans serving jail sentences in Pyongyang.

The President says he will be on hand at Andrews Air Force Base in the early hours of Thursday morning to welcome the men back to US soil.

Secretary of State Mike Pompeo negotiated their release during a visit to North Korea, and also fixed a date and a location for the planned summit meeting between President Trump and Kim Jong Un.

The President, at the White House, was asked whether anything could now scuttle the meeting.

IN: "Everything can…."

OUT: "….lots of things can happen" [second reference]

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(ALT)

President Trump, at the White House, was asked whether he deserves the Nobel Prize.

IN: "Everyone thinks so…."

OUT: ..prize I want"

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(MORE)

President Trump also issued a warning to Iran, threatening reprisals if the country reactivates its nuclear programme.

IN: "I don't think …."

OUT: "….consequence, ok?

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Trump's pick for CIA director says no return to torture 'under any circumstances'

Donald Trump's nominee for CIA director says she wouldn't allow the agency to return to the use of torture techniques.

Gina Haspel faced a grilling from US lawmakers over her time in charge of a CIA detention site in Thailand and her role in the destruction of videos of interrogations.

Kevin McAleese reports...

[WRAP]

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Iran still complying with nuclear deal

The United Nations atomic watching has announced that Iran is still
complying with the terms set under the 2015 nuclear deal.

This comes a day after U.S. President Donald Trump pulled out of the agreement.

William Denselow reports from UN headquarters in New York.

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Trump hails freedom of US prisoners in North Korea as "gesture of goodwill"

President Trump says the release by North Korea of three Americans is a "gesture of goodwill" by Kim Jong Un.

The three men are now on their way back to the United States, accompanied by Secretary of State Mike Pompeo.

Our US Correspondent Simon Marks reports.

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OUT: "…without assistance"

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Trump to Greet Prisoners Freed from North Korea

Three Korean-American prisoners freed by North Korea are expected to arrive in the United States by 2 am local time.

Donald Trump has been on Twitter to say he will personally greet the group as they land.

From Washington, Daniel Ryntjes reports.

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UK Prime Minister says she is committed to Iran Nuclear Deal

The British Prime Minister Theresa May has responded to questions in the British parliament over US President Donald Trump pulling out of the Iran nuclear deal, brokered by his predecessor Barack Obama.

Mrs May along with her counterparts in Germany and France released a joint statement saying they were still committed to the 2015 agreement.

But President Trump says he will remove the US from the deal and reimpose sanctions, arguing the Iran Nuclear deal was 'defective at its core'

Iran meanwhile has responded saying it would restart uranium enrichment if the agreement could not be salvaged.

The UK Prime Minister responded saying that while there are issues that need to be addressed, Britain and other members involved in the deal have pledged their continued support for it.

IN: I have been very clear

OUT: and other allies to do just that

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ALT:

The UK Prime Minister responded stressing both herself and Foreign Secretary Boris Johnson have pledged their continued support for the Iran Nuclear deal

IN: It is absolutely right

OUT: and other allies

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More dual citizen MP's dumped from Australian parliament

Military to be embedded with Police in Australia for terror duty

EU joint statement says it remains committed to Iran Deal after US pull out

The European Union says it will not reimpose sanctions against Iran while Tehran stands by the nuclear deal that the US is now pulling out of.

In a joint statement, the EU's 28 member states highlighted the 10 official inspections in Iran which they say shows the country has not breached its nuclear commitments.

Our Europe correspondent Jack Parrock reports.

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POWERS REMAIN COMMITTED TO NUCLEAR DEAL WITHOUT US

The UK, France and Germany are urging the US not to obstruct the implementation of the Iran nuclear deal, despite Donald Trump pulling out of it.

European powers insist they're committed to making the 2015 arrangement work, as have Russia and China.

Iran says it will re-start uranium enrichment if the deal can't stay in place with the remaining signatories.

Iranian MPs have burned an American flag and accused President Trump of lacking 'mental capacity' over his move.

The 2015 deal was designed to curtail Tehran's nuclear programme in exchange for sanctions relief.

EU foreign affairs spokesperson Federica Mogherini says it's the best solution.

In: 'The nuclear…
Out: …weapons."
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Indian tycoon loses UK case

Indian businessman Vijay Mallya has lost a case in the UK High Court. The case was filed by a consortium of Indian banks seeking to collect more than $1.55 billion from him in defaulted dues.

Vijay Mallya fled Indian in 2016 when Indian banks were trying to recover billions of dollars in unpaid loans from his company- Kingfisher Airlines.

The premium airline was launched in 2005 and shut down seven years later.

Our India correspondent Neha Poonia reports.

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Pompeo in North Korea to prepare for summit

US Secretary of State Mike Pompeo is in Pyongyang to prepare for talks between President Trump and Kim Jong-Un.

The surprise visit - announced at the same time as the US withdrew from the Iran nuclear deal - comes amid growing speculation over the possible release of three US detainees.

Our US Correspondent Harry Horton reports.

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Tuesday, May 8, 2018

UN chief "deeply concerned" about US withdrawal from Iran Deal

The United Nations' top diplomat says he is deeply concerned by the U.S. decision to withdraw from the Iran nuclear deal, which he believes was a major achievement for diplomacy.

Secretary-General Antonio Guterres is urging other parties to abide by their respective commitments under the pact.

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Europe leaders ‘regret’ U.S. Iran deal withdrawal

The leaders of France, Germany and the UK have jointly criticized U.S. president Donald Trump's decision to pull out of the Iran nuclear deal, saying they remain committed to the accord.

The European Union's foreign policy chief meanwhile said the Iran deal was working and preventing the country from obtaining nuclear weapons.

From London, Paul Barber reports.

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