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The Iraqi army thinks the number of Islamic State fighters in the Old City doesn't exceed 300, down from nearly 6,000 when the battle of Mosul started, on Oct. 17. "The operation now is about street fighting, air and artillery strikes will be limited because the area is heavily populated and the buildings fragile," CTS spokesman Sabah al-Numan told al-Hadath TV in Dubai. Iraqi government forces regained eastern Mosul in January, then a month later began the offensive on the side located west of the Tigris, which includes the Old City. The fall of Mosul would, in effect, mark the end of the Iraqi half of the "caliphate" that Islamic State leader Abu Bakr al-Baghdadi declared in a speech from an historic mosque in the Old City three years ago, covering parts of Iraq and Syria. The group is also retreating in Syria, mainly in the face of a U.S.-backed, Kurdish-led coalition. Its capital there, Raqqa, is being besieged. Baghdadi has left the fighting in Mosul and Raqqa to field commanders, to become effectively a fugitive focused on his own survival in the border area between Iraq and Syria. U.S. air strikes have killed several commanders of the group over the past two years, including Abu Omar al-Shishani, a top military commander, chief propagandist Abu Mohammed al-Adani, and Abu Ali al-Anbari, the former top civilian administrator.
REUTERS/Kevin Coombs LONDON With her strategy unclear and her position insecure, Prime Minister Theresa May plunges this week into tortuous divorce talks with the European Union that will shape Britain's prosperity and global influence for generations to come. At one of the most important junctures for Europe and the West since the 1991 fall of the Soviet Union, May's government is reeling from a crisis of her own making - the loss of her parliamentary majority in a June 8 snap election she did not need to call. Such is the collapse of May's authority that her entire Brexit strategy is being picked apart in public by her ministers, her lawmakers and her allies on the eve of formal negotiations which begin in Brussels on Monday at 0900 GMT. Despite signals from both France and Germany last week that Britain would still be welcome to stay if it changed its mind, Brexit minister David Davis insisted on Sunday there would be no turning back. "As I head to Brussels to open official talks to leave the EU, there should be no doubt — we are leaving the European Union," said Davis, who will launch the talks with chief EU negotiator Michel Barnier. "Now, the hard work begins. We must secure a deal that works for all parts of the United Kingdom, and enables us to become a truly global Britain." Britain has less than two years to negotiate the terms of the divorce and the outlines of the future relationship before it is due to leave in late March 2019. Both sides need an agreement to keep trade flowing between the world's biggest trading bloc and the fifth largest global economy. But the other 27 members of the EU combined have about five times the economic might of Britain. They also have a strong incentive to deny the UK a deal so attractive it might encourage others to follow the British example. With May still hammering out the details of a post-election deal to stay in power with the support of a small Northern Irish party, there are fears of a disorderly exit that would weaken the West, imperil Britain's $2.5 trillion economy and undermine London's position as the only financial center to rival New York.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Fashion Sellers Reel as Amazon Aims at Next Retail Target Stores, online retailers hit by try-before-you-buy test After Whole Foods deal, Amazon tackles online apparel sales What Amazon's Foray Into Fashion Means for Retail Stocks A week after upending the grocery business, Amazon.com Inc. is taking aim at fashion. The e-commerce giant’s latest service, which lets consumers try on items at home before they buy them, prompted a slump in shares of The Seattle giant’s Prime Wardrobe service, introduced Tuesday, is “another potential nail in the coffin for the department-store sector,” Wells Fargo analyst Ike Boruchow said in a note. Amazon is ramping up its fashion offering after expanding its beachhead in physical retailing by gaining more than 400 Whole Foods stores. The move comes as apparel companies ranging from Next Plc in the U.K. struggle to keep up with fickle consumers and online competition heats up with new investments by fashion chains like Inditex SA’s Zara and Hennes & Mauritz AB. Exclusive insights on technology around the world. Get Fully Charged, from Bloomberg Technology.
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