Tag: European Union

• Tuesday, May 21st 2019 - 08:45 UTC

  Bank of England: UK companies likely to cancel projects because of Brexit uncertainty

  

  British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday.

• Monday, May 20th 2019 - 09:40 UTC

  FBI investigating US and EU corporate giants for alleged corruption in medical gear supplies to Brazil

  

  The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, Brazilian investigators have revealed to Reuters.

• Monday, May 20th 2019 - 09:15 UTC

  German government advisor fears another European financial crisis: points to Italy

  

  A senior adviser to the German government fears another European financial crisis could be brewing. Dr. Lars Feld, one of the German Council of Economic Experts, was one of the first last year to warn of a slowdown in Europe's largest economy.

• Saturday, May 18th 2019 - 08:35 UTC

  UK divided by Brexit: Labour leader says no agreement possible with PM May's crumbling government

  

  Britain's withdrawal from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government.

• Friday, May 17th 2019 - 08:55 UTC

  Theresa May agrees to step down in early June, says chair of the 1922 Committee

  

  British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Brexit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday.

• Thursday, May 16th 2019 - 09:08 UTC

  Merkel admits “intense debates” with Macron, but compromises are reached

  

  German Chancellor Angela Merkel said she and French President Emmanuel Macron have “intense debates” and think differently but can still find compromises, insisting that they are able to drive the European Union forward.

• Wednesday, May 15th 2019 - 09:54 UTC

  May and Corbyn Brexit legislation will be put before parliament first week of June

  

  Prime Minister Theresa May's government will publish draft legislation in the first week of June that would allow Brexit to proceed if approved by parliament, a Downing Street spokesman announced on Tuesday.

• Tuesday, May 14th 2019 - 09:47 UTC

  Brexit negotiator travels to Brussels, but both May and Labour leader Corbyn are questioned by their parties

  

  The British prime minister's chief Brexit negotiator, Olly Robbins, is travelling to Brussels to discuss changes to the political declaration on the UK's future relationship with the EU. The move is intended to meet a key Labour demand in cross-party talks to break the deadlock.

• Monday, May 13th 2019 - 09:07 UTC

  Tories fifth ahead of EU elections; Farage Brexit party leads with 34%; PM May expected to announce departure

  

  British Prime Minister Theresa May's Conservatives have slumped to fifth place in an opinion poll ahead of the May 23 European parliamentary election as pressure grows for her to set a date for her departure.

• Thursday, May 9th 2019 - 06:52 UTC

  What could dilute the EU, populism or the lack of a unifying external threat?

  

  By Gwynne Dyer - For the second time in a month, a member country of the European Union has NOT voted a populist into power. Could it be that the populist wave has broken?