Donald Trump signs an executive order to withdraw from the Trans-Pacific Partnership agreement in the Oval Office on January 23, 2017. Ron Sachs/Pool via Bloomberg
Donald Trump signs an executive order to withdraw from the Trans-Pacific Partnership agreement in the Oval Office on January 23, 2017. Ron Sachs/Pool via Bloomberg

Trump pulls US out of Trans-Pacific Partnership trade deal



WASHINGTON // Donald Trump signed an executive order formally withdrawing the United States from the 12-nation Trans-Pacific Partnership trade deal on Monday, following up on a promise from his election campaign.

The move is a formality since the agreement had yet to receive required senate ratification. Mr Trump called the order a “great thing for the American worker”.

In an Oval Office ceremony, Mr Trump also signed an order imposing a federal hiring freeze and a directive reinstating a ban on providing federal money to international groups that perform abortions or provide information on the option.

The regulation has been something of a political football, instituted by Republican administrations and rescinded by Democrats since 1984.

Most recently, president Barack Obama ended the ban in 2009.

* Reuters and Associated Press

Company Profile

Company name: Yeepeey

Started: Soft launch in November, 2020

Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani

Based: Dubai

Industry: E-grocery

Initial investment: $150,000

Future plan: Raise $1.5m and enter Saudi Arabia next year

Brief scores:

Day 2

England: 277 & 19-0

West Indies: 154

Ipaf in numbers

Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

What is cystic fibrosis?
  • Cystic fibrosis is a genetic disorder that affects the lungs, pancreas and other organs.
  • It causes the production of thick, sticky mucus that can clog the airways and lead to severe respiratory and digestive problems.
  • Patients with the condition are prone to lung infections and often suffer from chronic coughing, wheezing and shortness of breath.
  • Life expectancy for sufferers of cystic fibrosis is now around 50 years.
FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

LAST 16

SEEDS

Liverpool, Manchester City, Barcelona, Paris St-Germain, Bayern Munich, RB Leipzig, Valencia, Juventus

PLUS

Real Madrid, Tottenham, Atalanta, Atletico Madrid, Napoli, Borussia Dortmund, Lyon, Chelsea

'Spies in Disguise'

Director: Nick Bruno and Troy Quane

Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones 

Rating: 4 out of 5 stars