By Daniel Gros (*) - Demography is not destiny, at least not entirely. Over centuries, policy can affect fertility decisions, and migration can transform a country, as the experience of the United States shows. Over shorter time horizons, however, demographic trends must be taken as given, and can have a profound impact on growth.
Queen Elizabeth watched on for the first time in her 65-year reign as Prince Charles led Remembrance Sunday commemorations at the Cenotaph in Whitehall. Last month it was announced by Buckingham Palace that Queen Elizabeth asked the Prince of Wales, the heir to the throne, to take on the symbolic duty for the country to honor the country’s war dead.
The European Union's chief negotiator, Michel Barnier, says he is planning for the possible collapse of Brexit negotiations with the UK. Barnier was talking to French newspaper Le Journal du Dimanche days after giving the UK a two-week deadline to clarify key issues.
European business leaders will meet UK Prime Minister Theresa May later on Monday to voice concerns about the future of UK-EU trade. Experts from groups including the CBI and Business-Europe will stress the need for a transitional deal that preserves the status quo after Brexit.
The European Union and Mercosur are close to concluding a free trade accord after decades of fitful talks, an EU official said. “We’re that close to having a new association and trade agreement between EU and Mercosur,” European Commissioner for Jobs, Growth, Investment and Competitiveness Jyrki Katainen said, holding his index finger and thumb just slightly apart.
Venezuela's foreign debt renegotiation committee will meet with creditors at 2 p.m. (1800 GMT) on Monday at the government's White Palace in downtown Caracas, the finance minister said on Saturday.
Spanish prime minister Mariano Rajoy has said regional elections next month in Catalonia will help end separatist havoc in the northeastern region. Rajoy addressed a campaign event on Sunday on his first visit since imposing direct rule on the region a fortnight ago.
Costa Rica will be hosting the first Castillo International Ice Hockey Tournament with the participation of a home team, and three international sides, including one form the Falkland Islands. The competition is scheduled to take place at the Castillo Country Club in San Rafael de Heredia, on 18/19 November.
By Gwynne Dyer - China Mieville, a novelist I much admire, has published a history of the October Revolution to mark its hundredth anniversary (which is actually on 7 November, since the Russians were still using the Julian calendar in 1917). It had an unusual effect on me. It made me question whether I was right about the utter futility of that revolution.
The date of Brexit will be written into law as Theresa May warned Tory rebels that the process of leaving the European Union will not be derailed. Amendments to legislation going through Parliament will spell out that the UK’s membership of the EU will end at 11pm GMT, midnight in Brussels, on 29 March 2019.