Southern EU leaders back Cyprus in gas dispute with Turkey
By Chris Scicluna VALLETTA (Reuters) - Heads of European Union Mediterranean states offered full support on Friday for fellow EU member Cyprus in a dispute with Turkey over the ownership of offshore natural gas deposits. The discovery of lucrative energy reserves has exacerbated tensions between Turkey and Cyprus which date to an ethnic conflict in 1974 that split the island between its Greek and Turkish Cypriot populations.
By Chris Scicluna
VALLETTA (Reuters) - Heads of European Union Mediterranean states offered full support on Friday for fellow EU member Cyprus in a dispute with Turkey over the ownership of offshore natural gas deposits.
The discovery of lucrative energy reserves has exacerbated tensions between Turkey and Cyprus which date to an ethnic conflict in 1974 that split the island between its Greek and Turkish Cypriot populations. The Turkish-speaking northern part of Cyprus proclaims independence, recognised only by Turkey.
Cyprus said this week it had issued arrest warrants for the crew of a Turkish drill ship it accused of infringing territory over which it claims the right to explore for oil and gas.
Turkey has overlapping claims of jurisdiction for offshore research in the Mediterranean and argues that Turkish Cypriots also have a right to a share of the newfound resources. Ankara said reports of the arrest warrants "crossed the line".
EU leaders in Malta threw their weight behind Cyprus.
"Turkey must stop its illegal activities in the exclusive economic zone of Cyprus," said French President Emmanuel Macron. "The European Union will not show any weakness on this subject."
Greek Prime Minister Alexis Tsipras said: "It's important to signal that the EU should take specific measures if Turkey does not stop its infringing behaviour. Whoever doesn't respect international law must suffer the consequences."
Turkey has bid for EU membership, but its candidacy is frozen, with the EU executive in May saying its hopes of joining were fading because of backsliding on rights and rule of law.
The gathering in Malta came a week ahead of a full summit of EU leaders, which falls at a time when a number of top jobs in Europe are up for grabs -- including new heads of both the European Commission and the European Central Bank (ECB).
Italian Prime Minister Giuseppe Conte said he hoped the southern EU leaders could work together to make sure their interests were respected.
"I hope to get everyone's agreement for greater cohesion on the part of the southern EU states. Sometimes we make the mistake of splitting, while other groups, like those in the north, are more united," he said.
Earlier this week a government source in Rome said Italy was ready to back a French candidate to lead the ECB as part of a plan to ensure an Italian retained a seat on the central bank executive board.
Conte, who leads a government that includes the anti-immigrant far-right League, also expressed disappointment that the EU had yet to agree a comprehensive immigration policy, with promises unfulfilled to disperse migrants across the bloc.
"It is unacceptable that we continue to declare abstract solidarity for all, but then fail to translate this into concrete measures," he said.
(Additional reporting by Antonio Denti, Crispian Balmer, Joan Faus, George Georgiopoulos; Editing by Peter Graff)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
By Jessica Resnick-Ault NEW YORK (Reuters) - Oil prices strengthened on Wednesday, as OPEC and its allies were seen complying with a pact to cut oil supply in September, even as concerns loomed that recovery in fuel demand will be stalled by soaring global coronavirus cases. Early in the day crude was boosted by a bullish stock market. Even as equities whipsawed on pandemic worries, oil stayed higher, buoyed by expectations that OPEC could staunch a supply glut
By Tina Bellon and C Nivedita (Reuters) - Tesla Inc will further cut the price of its Model S "Long Range" sedan in the United States to $69,420, the electric carmaker's chief executive, Elon Musk, announced in a tweet https://bit.ly/2H0JCP0 on Wednesday. The anticipated drop marks the second time this week Tesla has cut the price for the high-end sedan, following a 4% cut of the Model S's price in the United States on Tuesday to $71,990.
By Jeff Mason DES MOINES, Iowa (Reuters) - Under siege over his handling of the novel coronavirus pandemic, President Donald Trump on Wednesday cited what he said was his son's mild bout of the virus as a reason why American schools should reopen as soon as possible. Trump made the comment about his son, Barron, as the president swept into Iowa on a mission to shore up support in battleground states that he won in 2016 but is in danger of losing to Democrat Joe Biden barely three weeks before the election. First lady Melania Trump announced in a statement earlier in the day that the virus that struck both her and her husband had also infected their 14-year-old son