Theresa May Resigns Acknowledging Failure To Deliver Brexit
On Friday, U.K. Prime Minister Theresa May acknowledged defeat Friday and announced her resignation as leader of Britain’s Conservative Party. The announcement came after years of debate over how the United Kingdom will proceed with Brexit. With her departure, the future of brexit remains uncertain. May will officially step down as Prime Minister on June 7. May said the process for electing a new leader “should begin in the following week.”
Russia Launches World’s Largest Nuclear-Powered Icebreaker to Open Up Arctic Shipping Routes
Russia launched the world’s largest nuclear-powered icebreaker on Saturday as the country responds to the commercial opportunities presented by melting Arctic sea ice. Amid warming winters and rapid loss of sea ice cover, Russia is preparing for more shipping via what it calls the Northern Sea Route (NSR), which is expected to soon become navigable year-round. The ship, named the Ural, was floated out at a dockyard in St Petersburg and is one of a trio of new vessels which will be the largest and most powerful fleet of icebreakers in the world.
Trump Declares National Emergency Over IT Threats
President Donald Trump has declared a national emergency to protect US computer networks from “foreign adversaries”. He signed an executive order which effectively bars US companies from using foreign telecoms believed to pose national security risks. The order does not name any company, but is believed to target Huawei. The Chinese tech giant said restricting its business in the US would only hurt American consumers and companies. Several countries, led by the US, have raised concerns in recent months that Huawei products could be used by China for surveillance, allegations the company has vehemently denied.