Monday, 24 July 2017

Tag Archives: Brexit

Theresa May meets Trump with eye on Brexit future

LONDON: Britain’s Prime Minister Theresa May will this week be the first foreign leader to meet with Donald Trump since his inauguration, aiming to discuss a key post-Brexit trade deal with the US. The visit has been presented as a diplomatic coup in Britain, where the idea of the “special ...

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Pound recovering before Supreme Court ruling

LONDON: On Tuesday, the British Supreme Court will decide whether Parliament should vote to commence divorce proceedings from the European Union. Investors are welcoming this because above all they need one thing: certainty. A day before the Supreme Court’s decision of whether British Prime Minister Theresa May can start Brexit ...

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Barclays: London will still be the ‘financial lungs’ of Europe

LONDON: The City of London will still be the ‘financial lungs’ of Europe after Brexit, Barclays chief executive Jes Staley has said. In separate remarks, the bank’s chairman John McFarlane also said the UK government supported a three year transition deal on the Brexit deal. The Barclays chiefs were both ...

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Theresa May: UK will be a global leader on trade

LONDON: Theresa May has told leaders at the World Economic Forum in Davos that the UK will be a “world leader” on trade. But the prime minister also warned that inequality blamed on globalisation was aiding the “politics of division”. Her speech to business leaders and politicians in Switzerland comes ...

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From Davos, Sadiq Khan confronts May’s ‘hard Brexit’ decision

DAVOS: The mayor of London, Sadiq Khan, is in Davos today, as part of his push to protect the UK capital, and its financial centre the City, from harm produced by Britain’s exit from the EU. He is particularly confronting Theresa May’s decision on choosing a “hard brexit”, in which Britain leaves the European single ...

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These 8 men are richer than half of the world’s population

DAVOS: Only eight individuals, all men, own as much wealth as the poorest half of the world’s population, Oxfam said on Monday in a report calling for action to curtail rewards for those at the top. As decision makers and many of the super-rich gather for this week’s World Economic ...

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Europe, NATO hit back at Donald Trump

BRUSSELS: EU heavyweights Germany and France led a sharp European response to US President-elect Donald Trump Monday after he branded NATO “obsolete” and said more countries would leave the EU after Britain. In a hard-hitting interview with two European newspapers, Trump unleashed a volley of verbal attacks on Europe and ...

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Donald Trump says UK ‘doing great’ after Brexit vote

LONDON: The UK is “doing great” following its vote to leave the EU, US President-elect Donald Trump has said. In his first UK interview – with former Justice Secretary Michael Gove for the Times – Mr Trump said he thought the UK was “so smart in getting out”. Mr Trump ...

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Pound falls ahead of Theresa May Brexit speech

LONDON: The pound has hit its lowest level for more than three months on reports Britain was set to quit the EU single market as part of its Brexit plans. Sterling fell below the $1.20 level before recovering slightly on Monday. The pound also dropped to a two-month low against ...

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Early elections set to be called in Northern Ireland

Arlene Foster (R) and Martin McGuinness, First and Deputy First Ministers of Northern Ireland, speak to journalists as they leave Number 10 Downing Street in London. File Photo BRITAIN’s Northern Ireland minister is set to call an early election in the province on Monday, a week after the resignation of ...

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