Page 9 - ARUBA TODAY

A9
WORLD NEWS Wednesday 5 september 2018

Bank of England chief hints he will stay to help with Brexit

By PAN PYLAS aftermath of Britain's vote in place Carney.
LONDON (AP) — Bank of June 2016 to leave the EU. Carney, who is reportedly
England Governor Mark "Even though I have already also interested in return-
Carney all but confirmed agreed to extend my time ing to Canadian politics,
Tuesday that he is to stay to support a smooth Brexit, has said the government
at the helm of the cen- I am willing to do whatever will announce details "in
tral bank for longer than else I can in order to pro- due course." Media reports
planned to help ensure mote both a smooth Brexit have suggested his ten-
Britain leaves the European and an effective transition ure may be extended by
Union as smoothly as pos- at the Bank of England," he about a year or two.
sible. said Tuesday. "The sooner the govern-
Following days of specula- With Brexit due March 29, ment provides clarity, the
tion about an extension be- 2019, Carney confirmed he better," said Nicky Morgan,
yond his planned June 2019 has been in talks with Brit- a Conservative lawmaker
departure, Carney told a In this file photo dated Wednesday, June 27, 2018, Mark Carney ain's Treasury chief, Philip who chairs the Treasury
the Governor of the Bank of England, during a press conference
committee of lawmakers to deliver the Financial Stability Report at the Bank of England in Hammond, about extend- Committee to which Car-
that during "this critical pe- the City of London. ing his tenure again. Con- ney was addressing Tues-
riod" everyone should do Associated Press cerns have been raised day. "Any extension to Car-
what they can to help the recently that the Treasury ney's term should not be
Brexit process. the top job at the Bank of five-year basis. He extend- had yet to open up the used to delay succession
Carney, a Canadian, took England in July 2013 on a ed it by a further year in the appointment process to re- planning."q

Germany: Left-leaning pols form

group to spur establishment

By KIRSTEN GRIESHABER called Stand Up ("Aufste- the killing of German man.
Associated Press hen" in German) — —wants The Aug. 26 slaying gave
BERLIN (AP) — One of Ger- to reach citizens who "no rise to street protests that
many's most prominent left- longer feel represented" by brought together neo-Na-
wing politicians is leading a mainstream politics, Wa- zi groups, AfD supporters
new movement launched genknecht, the Left Party's and Germans opposed to
Tuesday with the aim of parliamentary leader, told Chancellor Angela Merkel's
reviving the fortunes of the reporters in Berlin. welcoming immigration
country's ailing left by at- The Left Party and the So- policies. Sahra Wagenknecht addresses the media during the first press
tracting like-minded peo- cial Democrats have lost Ludger Vollmer, a found- conference of the new political movement 'Stand Up' in Berlin,
ple across party lines. disaffected voters to the ing member of the Greens, Germany, Tuesday, Sept. 4, 2018.
Lawmaker Sahra Wagen- far-right Alternative for and Simone Lange, a Social Associated Press
knecht, whose Left Party Germany, or AfD. The na- Democrat who is mayor of
grew out of the former tionalist party won enough Flensburg in northern Ger- The three said Tuesday they and low salaries.
East Germany's communist votes to enter national par- many, are founding mem- neither want to create a Other members of the
party, and two members liament for the first time in bers with Wagenknecht of new party nor break away country's three left-leaning
of the Greens and the So- September and continues the Stand Up group. from their own parties. In- parties have expressed
cial Democrats said more to show well in polls, par- Nationally, the center-left stead, they said Stand Up skepticism.
than 100,000 people have ticularly in states that were Social Democratic Party is would pressure the politi- Thuringia state Gov. Bodo
pledged online to support part of East Germany. a junior coalition partner to cal establishment to deal Ramelow, a Left Party
their initiative. The growing visibility of the Merkel's center-right Chris- with the worries and con- member, said "a movement
"We are witnessing a crisis far right in Germany was tian Democrats, while both cerns of average Germans, needs to develop from the
of democracy in Germa- seen last week after two the Left Party and Greens such as housing costs, bad bottom" and not be initi-
ny," and the new group — migrants were arrested in are in opposition. schools, a nursing shortage ated by party members.q