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101/2019 • 4 MAY, 2019 WEEKEND ISSUE

DAILY NEWS IN ENGLISH

UKʼs big two suffer Brexit backlash in local elections Voters in England appeared to have punished both UK Prime Minister Theresa Mayʼs Conservative Party and the Labour opposition, as local council election results emerged on Friday. Both parties, which pledged to carry out Brexit in their 2017 election manifestos, appeared to have suffered badly, with most council results declared. While the Conservatives lost by far the most seats, shedding more than 500 local councilors, Labour dropped more than 70 when they had been hoping to make gains at the Conservativesʼ expense.

European Court of Justice rules Polish arrest warrants can be halted The European Court of Justice (ECJ) ruled against extraditing suspects to Poland on Wednesday if there are "serious and factbased grounds" to believe the suspect would not receive a fair trial. The ruling concernsa Polish man in Irelandwho claims recent justice reforms in Poland harmed his chances of being treated fairly. The man is suspected of drug trade. In recent years, Polandʼs ruling Law and Justice (PiS) party has been working to place courts under a tighter control of the executive branch. Among other steps, the parliament now has power to choose members of the National Council of the Judiciary whose job is to oversee judicial impartiality. More recently, the lawmakers changed retirement age for the Supreme Court judges, which critics believe was aimed at ousting the most experienced judges and stacking the body with government supporters. The Supreme Court and its chief Malgorzata Gersdorf are opposing the move.

Hungaryʼs Orban inches closer to Salvini-led anti-migrant EU bloc Orbanʼs Fidesz could need new allies after EU vote

Hungaryʼs Viktor Orban has sent his clearest signal yet that his party may split with Europeʼs main conservative group and join an anti-immigrant, nationalist bloc led by Italyʼs Matteo Salvini in the EU Parliament.

Geely the car industryʼs rising ʼprofitability starʼ Ferdinand Dudenhöffer from the CAR Center Automotive Research at Germanyʼs Duisburg-Essen University called Chinese auto manufacturer Geely "the profitability star of the worldʼs car industry." A fresh study by the center points out that on average, a Geely car costs just €9,529 ($10,942), but the companysecures a 14.4 percent profit from revenues before tax and interest. Dudenhöffer says thatʼs a lot more than, say, the profit margins of foreign rivals BMW, Toyota or PSA-Opel. The worldʼs largest carmaker, Wolfsburg-based Volkswagen, logs a profit margin of only 8.2 percent, the survey says.

Geely is part of the Zhejiang Geely Holding,which also owns Volvo Cars, London EV-Taxi and Lotus.The holding has also acquired a 10 percent stake in Daimler. According to the CAR researchers, Geelyʼs rapid rise is based on its successful compact car platform, which it developed together with Sweden-based Volvo. "What Ferdinand Piëch managed to implement at VW from 1993 with the help of his platform strategyis in a way being copied now by Geelyʼs main shareholder and founder, Li Shufu," said Ferdinand Dudenhöffer, adding that the Chinese were becoming major players in the global auto market.

Donald Trump to present Tiger Woods with Presidential Medal of Freedom Fifteen-time major winner Tiger Woods will be presented with Americaʼs highest civilian honour by President Donald Trump in Washington next week. The 43-year-old, who won theMasters at Augustain April, will receive the Presidential Medal of Freedom at a White House ceremony on Monday, 6 May. American Woods overcame persistent injury problems - including four back operations culminating in fusion surgery in April 2017 - to win his first major title for 11 years with a one-shot victory at Augusta. Trump had alreadyrevealed in a tweet last

monththat Woods was to receive the honour following his performance at the Masters. The Presidential Medal of Freedom, introduced by John F Kennedy in 1963, recognises "individuals who have made exceptional contributions to the security or national interests of America, to world peace, or to cultural or other significant public or private endeavours". Woods is the fourth golfer to receive the accolade, after Jack Nicklaus, Arnold Palmer and the PGA Tourʼs first black player, Charlie Sifford. Billie Jean King and Michael Jordan are among other athletes to win the award.

North Korea food rations hit record low level after poor harvest: United Nations North Korea is experiencing one of its most severe food crises in years following the worst harvests in decades, caused by dry spells, heat waves and flooding, the UN said on Friday. The World Food Programme (WFP) said the North Korean government had reduced rations to their lowest level ever for this time of year. People were receiving just 300 grams (less than 11 ounces) per day, down from 360 grams per day at the same time last year.

Cyclone Fani hits Indiaʼs east coast after huge evacuation operation Tropical Cyclone Fanimade landfall on the coast of the Indian state of Odishaat around 8 a.m. local time (0330 UTC) on Friday, with forecasters predicting that the storm would cause widespread devastation. The storm is the fiercest in the region since a 1999 cyclone that killed some 10,000 people in Odisha. Winds brought by the cyclone were reportedly gusting at up to 205 kilometers (127 miles) per hour when it made landfall.

weather today BUDAPEST

8 / 15 °C Precipitation: 0 mm


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