Two of the largest investment banks in the City of London have confirmed that some staff will definitely have to move abroad when the UK leaves the EU. HSBC's chief executive, Stuart Gulliver, told Bloomberg he was preparing to move 1,000 staff from London to Paris. And Axel Weber, boss of Swiss bank UBS, told BBC about 1,000 of its 5,000 London jobs could be hit by Brexit.Add your comment!
The head of the International Monetary Fund has warned the UK there is still likely to be pain ahead as Theresa May prepares to trigger the UK's departure from the European Union. Christine Lagarde told the BBC the Brexit process would be complicated.3 comments
Personnel from HMS Protector have removed equipment abandoned more than 30 years ago on a remote island in Antarctica. The ice patrol ship attempted to remove equipment three years ago from Brabant Island – the second largest island of the Palmer Archipelago within the British Antarctic Territory – but were thwarted by bad weather.Add your comment!
Argentina aspires to become the back bone of an integrated Mercosur with the Pacific Alliance, said the country's Tourism minister Gustavo Santos attending the International Tourism Fair, Fitur, taking place in Spain.39 comments
The strength of U.S. democracy goes beyond the particularities of an electoral process, said the Organization of American States, OAS, Electoral Observation Mission to the recent general elections in the United States in the presentation of its final report to the Permanent Council. However it also underlined that the campaign financing is the most deregulated in forty years.1 comment
The government and treasury of South Georgia and South Sandwich Islands have issued two new coins in its ongoing Marine Life series, which features some the most amazing wildlife found in and around the South Atlantic Ocean. The design, which features the colossal squid, is issued in two versions, including titanium, which is tinted to enhance the design.Add your comment!
President Barack Obama on Tuesday shortened the prison sentence of Chelsea Manning, the former U.S. military intelligence analyst who was responsible for a 2010 leak of classified materials to anti-secrecy group WikiLeaks, the biggest such breach in U.S. history.2 comments
First minister Nicola Sturgeon said that plans to take the UK out of the EU's single market brought a second Scottish independence referendum undoubtedly closer. She was speaking after Prime Minister Theresa May outlined her government's thinking on Brexit.33 comments
By Gwynne Dyer
The main message of 2016 was that we are entering a period of economic and political upheaval comparable to the Industrial Revolution of 1780-1850, and nothing expressed that message more clearly than Donald Trump's appointment of Andrew Puzder as Secretary of Labour. Even though it's clear that neither man understands the message.
China's president Xi told the World Economic Forum in Davos on Monday that the “migrant crisis had been caused by war, conflict and regional turbulence,” not globalization. Similarly, the 2007/8 financial crisis was caused by “the excessive pursuit of profits and a lack of economic regulations,” he said.Add your comment!