It’s hard to see why the Chinese firm wants to take over a loss-making business in a tough market
Half the woes for steelmakers in Britain derive from dumping into world markets by Chinese producers, or so we have been told for a couple of decades. So it is a strange sort of rescue for British Steel that ownership should pass to a little-known Chinese conglomerate, Jingye, offering a vague promise to invest a large sum.
Any buyer is better than none, of course, since the effects of irreversible closure of the Scunthorpe steelworks would be appalling. Top of the list would be 4,000 jobs, with another 20,000 in the supply chain. Then there would be the huge environmental clean-up costs.
Morales claims he is victim of coup amid reports of looting, vandalism and arson
Bolivia has been plunged into chaos and uncertainty as a power vacuum looms amid reports of looting, vandalism and arson carried out by both supporters and opponents of Evo Morales, following his announcement on Sunday that he would resign as president.
Morales’ decision followed several quick-fire developments on Sunday, beginning with the release of a report by the Organisation of American States (OAS) that said it had found “clear manipulations” of the voting system in last month’s presidential election and could not verify the first-round victory for Morales. The president responded by saying he would call fresh elections but stepped down after the head of the army publicly called for him to leave his post.
The xenophobic nationalists of Vox made disturbing progress in Spain’s fourth election in as many years
There was one major beneficiary of Sunday’s inconclusive election in Spain, but it was not Pedro Sánchez, the Socialist prime minister. Mr Sánchez hoped a fourth poll in as many years might finally deliver him the numbers to break a debilitating deadlock in parliament. Instead, the Socialist Workers’ party emerged as the largest party once again, but lost three seats and must enter yet more tortured negotiations with other parties in order to find a way to govern.
The real celebrations of Sunday evening took place at the headquarters of Vox, a far-right nationalist party. Vox increased its share of the vote to 15.1%, won 52 seats and became the third-biggest party in Spain. Its leader, Santiago Abascal, told cheering supporters that the results meant “a patriotic alternative has been consolidated in Spain”, and called for “the restoration of national unity with the application of direct rule in Catalonia”.
Matthew Spriggs tells inquest he feared for the safety of son Archie, who died aged seven
The father of a seven-year-old boy who was murdered by his mother has told an inquest that he pleaded with social services and police to protect his son but was repeatedly brushed off.
Matthew Spriggs, whose son Archie Spriggs was strangled by his former partner Lesley Speed on the day of a family court custody hearing in September 2017, told Shropshire coroner’s court he could not comprehend her actions
Donald Trump Jr and his girlfriend, Kimberly Guilfoyle, were forced to cut short a launch event for his book, Triggered: How the Left Thrives on Hate and Wants to Silence Us, at the University of California, Los Angeles, because of loud booing from the audience.
The audience was angry that Trump Jr and Guilfoyle would not take questions.
Trump Jr tried to argue that taking questions risked creating soundbites that leftwing social media posters would distort
Treasurer offers praise for global economic institutions, in contrast to Scott Morrison’s ‘negative globalism’ criticism
Josh Frydenberg will argue for reform of major international economic institutions including new trade dispute rules and greater input for “emerging” Asian economies in a speech to be delivered on Tuesday at the Australian National University.