Wednesday, 29 March 2017

Tag Archives: EU

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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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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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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EU to vote on declaring robots to be ‘electronic persons‘

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PARIS: MEPs have voted to propose granting legal status to robots, categorising them as “electronic persons” and warning that new legislation is needed to focus on how the machines can be held responsible for their “acts or omissions”. The draft report, tabled by Mady Delvaux-Stehres, a socialist MEP from Luxembourg, states ...

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Where exactly does Britain’s £12.2bn foreign aid go?

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LONDON: Britain is a significant contributor to helping developing countries. In 2015, for the third year running, the government met its commitment to spend 0.7 per cent of gross national income on foreign aid, with the official budget rising to £12.2bn. However, it has become a politically divisive issue, with ...

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UK will have ‘control over borders’ after Brexit: PM May

LONDON: Prime Minister Theresa May insisted on Sunday that Britain will have “control over our borders” after Brexit, suggesting she would be prepared to quit Europe’s trading zone to achieve it. “The referendum vote was a vote for us to… bring control into our immigration system. I’m clear that is ...

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Sir Tim Barrow: UK’s new ambassador to EU ‘tough negotiator’

LONDON: Senior diplomat Sir Tim Barrow has been appointed the UK’s new ambassador to the EU, replacing Sir Ivan Rogers. Downing Street described the former ambassador to Russia, who will now play a key role in the UK’s Brexit talks, as a “seasoned and tough negotiator”. Sir Ivan, whose exit ...

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Britain’s EU envoy resigns months before Brexit talks

LONDON: Britain’s ambassador to the European Union, who sometimes clashed with London over its approach to Europe, abruptly resigned less than three months before Prime Minister Theresa May is due to trigger formal ‘Brexit’ negotiations. Ivan Rogers, Britain’s envoy to the EU, told staff on Tuesday that he would step ...

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