Tag: European Union

• Wednesday, February 13th 2019 - 07:59 UTC

  Bank of England urges Parliament to secure a good Brexit withdrawal deal and a smooth transition.

  

  Bank of England governor Mark Carney has urged MPs to solve the Brexit impasse in a speech warning of growing threats to the global economy. He said a no-deal Brexit would create an “economic shock” at a time when China's economy is slowing and trade tensions are rising.

• Wednesday, February 13th 2019 - 07:49 UTC

  Record exports of whisky in 2018: EU and the US main markets

  

  Exports of Scotch whisky hit a record high last year, according to new figures. Analysis of HMRC data by the Scotch Whisky Association (SWA) found exports grew 7.8% by value to £4.7bn. The number of bottles exported also reached record levels, growing by 3.6% to 1.28 billion.

• Tuesday, February 12th 2019 - 09:41 UTC

  UK and Switzerland sign a post-Brexit “continuity agreement” on trade

  

  The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” - based on the EU's existing free trade deal with Switzerland - was agreed in December but ratified on Monday.

• Tuesday, February 12th 2019 - 09:30 UTC

  Mrs. May to tell Parliament Brexit talks at crucial stage: “we need to hold our nerve”

  

  Prime Minister Theresa May will tell British lawmakers this Tuesday they must hold their nerve over Brexit to force the European Union to accept changes to the divorce deal that would pave the way for an orderly exit.

• Monday, February 11th 2019 - 08:40 UTC

  PDVSA telling customers to deposit oil sales in an account of Russia's Gazprombank

  

  Venezuela's state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia's Gazprombank AO, according to sources and an internal document, reported Reuters on Saturday.

• Monday, February 11th 2019 - 07:16 UTC

  Epistolary exchange between PM Mrs. May and Opposition leader Jeremy Corbyn

  

  Theresa May has responded to Jeremy Corbyn's letter setting out his five demands for a Brexit deal. The prime minister queried his call for the UK to stay in a customs union with the EU - but welcomed more talks with Labour on a Brexit agreement.

• Friday, February 8th 2019 - 09:18 UTC

  Theresa May and Juncker issue joint statement and agree to further meetings

  

  British Prime Minister Theresa May came away from a day in an increasingly impatient Brussels on Thursday with a pledge of renewed talks that held out some hope for a new Brexit deal, if no sign of compromise yet. Ms May is scheduled to fly to Dublin this Friday.

• Friday, February 8th 2019 - 09:05 UTC

  “Brexit fog”: Bank of England expects slowest growth since 2009

  

  The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession. It is forecasting growth of 1.2% this year, down from its previous November forecast of 1.7%. The Bank said it had seen further evidence that businesses were being cautious in the run-up to Brexit, including evidence from its own survey of firms. As expected the Bank kept interest rates on hold at 0.75%.

• Thursday, February 7th 2019 - 16:57 UTC

  EU calls for free elections in Venezuela at International Contact Group meeting in Montevideo

  

  The High Representative of the European Union (EU) for Foreign Affairs and Security Policy, Federica Mogherini warned on Thursday at the meeting of the International Contact Group in Montevideo, on a beside the president of Uruguay, Tabaré Vázquez, that the group does not seek a “direct negotiation” but a free, transparent and credible Presidential election in Venezuela.

• Thursday, February 7th 2019 - 11:14 UTC

  “Neutral-neutralized” Uruguay hosts international gathering on the Venezuelan situation

  

  Montevideo, the capital of “neutral/neutralized” Uruguay is hosting this Thursday an international gathering with countries of the Americas and the European Union to address, and attempt to solve or find a way out to the delicate and worsening situation in Venezuela.