Here are the comments made by British Prime Minister Theresa May’s de facto deputy to BBC radio. On Tuesday, David Lidington, a British Cabinet Office Minister who is considered as British Prime Minister Theresa May’s de facto deputy told BBC… Read More ›
EU
British parliament likely to vote down May’s Brexit deal: Justine Greening
Justine Greening, the former education minister from Theresa May’s cabinet, has joined the growing chorus for a second Brexit referendum. On Monday, Justine Greening, the former education minister from Theresa May’s cabinet stated, the British parliament will vote down Prime… Read More ›
Iran in touch with other signatories of 2015 nuclear accord
The European Union is making headway in its efforts to legally continue economic ties with Tehran. With U.S. sanctions on Iranian oil coming into force, Tehran’s Foreign Ministry spokesman Bahram Qasemi stated, Iran is in touch with other signatories of… Read More ›
Brexit negotiators close to hammering out a deal on financial services
A financial deal is crucial for Britain given that the city of London, which has been a critical artery for the flow of money around the world for centuries, is the world’s largest centre of international finance. As per a… Read More ›
No-deal Brexit most likely outcome: Ashley Fox
Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
EU to decide on introducing taxes on digital companies by the end of 2018
French Finance Minister Bruno Le Maire expects the EU to take a stand on this issue by the end of this year. On the sidelines of the Globsec Tatra Summit in Slovakia, French Finance Minister Bruno Le Maire disclosed he… Read More ›
Brexit divorce deal almost within grasp: sources
This is coming from diplomats who were present at the negotiations. According to two sources present at the meeting where Brexit negotiations are being discussed, a divorce deal with Britain is “very close” to being realized. Both sides are pushing… Read More ›
Britain’s Brexit bill slated to rise with increasing EU budget liabilities
Although Britain is set to leave the EU in March 29, 2019, it has agreed to pay its share of debts and liabilities assumed by the EU until the end of 2020. According to EU data released on Thursday, Britain’s… Read More ›
Eurosceptic lawmaker Jacob Rees-Mogg May’s Brexit plan will be rejected by Britain and the EU
While British lawmaker Jacob Rees-Mogg heaped negativity on British Prime Minister’s Brexit plan, the only alternative he cited was a no-deal exit whose economic consequences he failed to spell out. Britain’s Eurosceptic lawmaker Jacob Rees-Mogg said, neither the European Union… Read More ›
German institutes warn of major recession in EU and Germany if trade conflict with the U.S. escalates
Germany, the EU’s biggest economy, thrives on its exports of cars to the U.S. EU’s retaliatory measures could also significant slow down the U.S. economy if not trigger a major recession there. On Thursday, leading economic institutes from Germany disclosed,… Read More ›