Trump cancels London trip over 'bad' embassy deal, blames Obama adminstration

Trump cancels London trip over 'bad' embassy deal, blames Obama adminstration

Boris Johnson has criticised Labour leader Jeremy Corbyn and London Mayor Sadiq Khan for deterring Donald Trump from visiting Britain and putting the UK-US relationship "at risk" in a tweet on Friday.

The president's comments came after several British outlets reported that he was considering foregoing his trip to the new embassy's opening next month.

The new embassy building will begin to be used by U.S. diplomats from January 16, but a Downing Street spokesman said today that no date had been set for Trump's visit to cut the ribbon.

The president linked his decision to skip the ceremony to his disapproval of a "bad deal" done by the Obama administration to move the embassy from its old location for a cost he deemed too high.

Mr Trump accepted the Queen's invitation for an official state visit when Theresa May met him a year ago.

Prime Minister Theresa May was the first world leader to visit Mr. Trump as president, and last week insisted that he "will be coming to this country".

But the relationship between Trump and May has been far from rosy.

His decision not to come was welcomed by critics outraged by the USA travel ban on Muslim-majority countries, and more recently, Trump 's decision to re-tweet anti-Muslim videos posted by a British far-right organisation.

First off, the decision to move the embassy was made under President George W. Bush.

PPO Noted Above the Signal Line on These Shares
After a recent check, Sig Plc's 14-day RSI is now at 46.12, the 7-day stands at 42.92, and the 3-day is sitting at 46.48. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements.

But Khan says otherwise. "We will not allow USA -U.K. relations to be endangered by some puffed up pompous popinjay in City Hall".

Local Labour MP Marsha De Cordova told Sky News she was "pleased" Mr Trump would not be travelling to the United Kingdom because he was "really scared" of being met by a peaceful protest made up of hundreds of thousands of people.

He added that the videos make it "increasingly clear that any official visit at all from President Trump to Britain would not be welcomed".

The new building was to have a focus on environmental sustainability and energy efficiency.

He said: "The new embassy is 15 minutes from Parliament, we all know why he cancelled this visit".

Others thought Trump wouldn't be content with how regal his visit might be.

"Big protests if he came to cut ribbon".

There was an outburst on social media after the visit was announced past year, when protesters vowed to turn out in great numbers to let the US President know that he was not welcome in the UK.

  • North Korea accepts Olympic talks offer

    North Korea accepts Olympic talks offer

    The Japanese news agency Kyodo said Chang made the brief comment to reporters during a stopover at Beijing's worldwide airport. He again warned he would launch a nuclear strike if his country was threatened.

    Going Through the Chart for New Residential Investment Corp. (NRZ)

    NRZ is now undervalued by -3.24% relative to the average 1-year price target of $18.22 taken from a group of Wall Street Analysts. Raymond James Trust Na accumulated 178,671 shares. 1 is equivalent to a buy rating , 3 a hold rating , and 5 a sell rating .

    Vishay Intertechnology (VSH) Earning Somewhat Favorable Media Coverage, Report Finds

    Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Northwest Counselors Ltd Liability Company owns 0% invested in Air Products and Chemicals, Inc. ( VSH ) is stands at 0.53.
  • 'Committed' Conte will not walk out on Chelsea

    'Committed' Conte will not walk out on Chelsea

    The Chelsea manager, 48, has said he " will not forget " about the latest war of words and neither will we. The England worldwide missed Saturday's FA Cup draw at Fleetwood but will make the trip to west London.
    Concerns over future of New Look stores including Salisbury

    Concerns over future of New Look stores including Salisbury

    A decision about whether to proceed is expected to be t‎aken in the coming weeks, and would require the consent of bondholders. The value of New Look's bonds has tumbled by 56pc in the past year, amid rising concerns about the health of the retailer.

    Bristol Advisors LLC Has $409000 Position in BHP Billiton Limited (BHP)

    Rwc Asset Mngmt Ltd Liability Partnership owns 1.57% invested in The Procter & Gamble Company ( NYSE :PG) for 285,090 shares. It dived, as 59 investors sold MMM shares while 612 reduced holdings. 110 funds opened positions while 558 raised stakes.
  • SL Advisors LLC Boosts Holdings in Enbridge Inc (ENB)

    After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.
    Dark Souls remaster coming to PC, XO, PS4, and Switch

    Dark Souls remaster coming to PC, XO, PS4, and Switch

    Dark Souls Remastered will include the Artorias of the Abyss DLC from the start, as well as an increased resolution and framerate. It's now awaiting a rating from the ESRB, though all previous Souls games have been rated M for Mature for Blood and Violence.

    Nexstar Media Group, Inc. (NASDAQ:NXST) Earnings Forecast In Focus

    Nexstar Media Group had a return on equity of 16.20% and a net margin of 5.60%. (NASDAQ:NXST) shares were sold by Pruett Julie. Claar Advisors Ltd Liability holds 4.03% or 247,624 shares in its portfolio. $198,438 worth of Nexstar Media Group, Inc.
  • Armed robbers loot jewellery worth millions in Paris

    Armed robbers loot jewellery worth millions in Paris

    France has found itself repeatedly in the headlines for high-profile robberies, particularly in Paris and on the Cote d'Azur. Interior minister Gerard Collomb praised officers' "professionalism" saying they had "done our police force credit".
    CES 2018: Google Assistant Heads To Cars, Smart Screens And Earbuds

    CES 2018: Google Assistant Heads To Cars, Smart Screens And Earbuds

    The JBL Link View will be available mid-year in the USA and at this stage Australian availability and pricing is unknown. As of now, Lenovo is the sole manufacturer of the Smart Display with two models - an 8-inch model and a 10-inch model.
    Walmart abruptly closing 63 Sam's Club stores

    Walmart abruptly closing 63 Sam's Club stores

    Walmart just announced that it plans to hand out thousands of pink slips across its corporate office, as well as at store-level. The restructuring comes the day after Walmart announced it will raise its starting hourly wages to $11.