International

Wednesday, November 22nd 2017 - 17:06 UTC
RAF arrives in Comodoro Rivadavia to join the submarine rescue effort

British and Spanish planes landed on Wednesday in Comodoro Rivadavia as part of the ongoing international effort to try to locate and rescue the Argentine submarine ARA San Juan which has now been missing for a week, and is in the “critical situation”, according to the official report from the Argentine navy.
Wednesday, November 22nd 2017 - 15:39 UTC
London lobbied successfully in Brazil on behalf of British oil industry, claims The Guardian

Britain successfully lobbied Brazil on behalf of BP and Shell to address the oil giants’ concerns over Brazilian taxation, environmental regulation and rules on using local firms, government documents reveal, according to a piece published in The Guardian.
Wednesday, November 22nd 2017 - 07:00 UTC
German business leaders launch a “Battle of Britain” to keep UK in the EU

A group of influential German business figures have launched a campaign to keep the UK in the European Union. The alliance, dubbed a New Deal for Britain, includes three ex-presidents of the Federation of German Industry.
Wednesday, November 22nd 2017 - 06:57 UTC
UK warned to keep to the “European model” if it targets an ambitious deal with the EU

Britain’s hopes of an advantageous free trade agreement with the EU could be dashed if it attempts to use Brexit as an opportunity to abandon the “European model” and transform itself into a low-tax, low-regulation economy, Brussels’ chief negotiator has warned.
Tuesday, November 21st 2017 - 13:16 UTC
ECB warns banks that they “need to have substance locally” in post Brexit

European regulators have warned banks working on post-Brexit plans that they will “need to have substance locally” to serve European clients. The European Central Bank said some of the proposals it has reviewed are inadequate and risk creating “empty shells”.
Tuesday, November 21st 2017 - 09:55 UTC
London looses European Banking Authority to Paris and European Medical Agency to Amsterdam

Paris has won a battle to host the European Banking Authority (EBA), which will relocate from London after the UK leaves the European Union. The French capital's victory follows a win earlier for Amsterdam, which will host the London-based European Medicines Agency (EMA).
Tuesday, November 21st 2017 - 09:27 UTC
Wales and Galicia sign bilateral accord to minimize Brexit impact for fishing sector

Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will have and avoid damage to the fishing sector. The announcement was made by Galician president Alberto Núñez Feijoo, after having obtained a positive response to his invitation to the Welsh prime minister, Carwyn Jones.
Tuesday, November 21st 2017 - 09:22 UTC
Goldman Sachs CEO on Brexit: “So much at stake, why not make sure consensus still there?”

The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested holding another referendum on Brexit and tweeted: “Here in UK, lots of hand-wringing from CEOs over #Brexit... So much at stake, why not make sure consensus still there?”
Tuesday, November 21st 2017 - 08:20 UTC
Britain sends special highly skilled unit SPAG, to help with the submarine search

Britain has increased efforts to help find the missing Argentine submarine ARA San Juan in the vast stormy South Atlantic. HMS Protector, the Royal Navy's Ice Patrol ship, is now in the search area where the submarine last made contact on Wednesday.
Tuesday, November 21st 2017 - 07:54 UTC
Angela Merkel ready to fight a snap election if necessary to overcome political crisis

German chancellor Angela Merkel has vowed to fight a snap election if necessary to secure a fourth term in office and end her country’s political crisis. Dr Merkel faces an uncertain future after coalition talks collapsed on Sunday evening after almost five weeks – two months after Germany’s federal election.