Tag: European Union

Thursday, November 1st 2018 - 06:30 UTC
UK's Brexit secretary expects an agreement with EU finalized before 21 November

Britain's Brexit secretary has told lawmakers that he expects a long-elusive divorce deal with the European Union to be finalized before November 21, though there is still little sign of a breakthrough on the vexed issue of the Irish border.
Wednesday, October 31st 2018 - 08:49 UTC
Foreign Office plans major embassy and staff expansion ahead of post-Brexit

Foreign Secretary Jeremy Hunt announced on Tuesday announced a major expansion of Britain's diplomatic network around the world, five months before it leaves the European Union. For the first time, people from outside the civil service will be eligible to become ambassadors as the Foreign Office seeks to swell its numbers by almost 1,000.
Tuesday, October 30th 2018 - 08:40 UTC
UK Budget time: “Austerity coming to an end” announces Chancellor Hammond

Chancellor of the Exchequer Philip Hammond has said the “era of austerity is finally coming to an end”, in his last Budget before Brexit. He spent a windfall from better public finances on more money for universal credit and bringing forward planned income tax cuts by a year.
Sunday, October 28th 2018 - 22:04 UTC
Europe back into winter time as clock changing moves closer to history books

Europe turned back its clocks Sunday to leave Summer's daylight saving time probably for the last time after a poll this year showed 84% of 4.6 million people favoured the daylight saving time change be abolished.
Sunday, October 28th 2018 - 18:00 UTC
Fitch cautious about UK as no-deal Brexit scenario looks inevitable

The increased likelihood of a no-deal Brexit scenario has led ratings agency Fitch to envision serious damages to the United Kingdom's economy for future assessments, although it maintained Britain's long-term AA grade... For now.
Saturday, October 27th 2018 - 09:01 UTC
S&P lowers Italy's outlook to negative; criticizes Rome's economic and fiscal policies

Standard & Poor’s on Friday left Italy’s sovereign debt rating unchanged but lowered its outlook to negative from stable, saying that the new government’s policy plans were weighing on the country’s growth and debt prospects.
Saturday, October 27th 2018 - 08:39 UTC
A no Brexit deal will slow sharply UK economic growth, says think tank

A no-deal Brexit could slam the brakes on the UK’s economic growth, wiping out Chancellor Philip Hammond’s hopes of boosting public spending, a think tank has said. If the UK fails to reach a withdrawal deal with the EU and moves on to World Trade Organization (WTO) rules next March, GDP growth can be expected to slow sharply from 1.4% this year to 0.3% in both 2019 and 2020, said the National Institute of Economic and Social Research (Niesr).
Friday, October 26th 2018 - 09:52 UTC
Juncker wants Venezuelan “dictator” Maduro brought to justice as international pressure mounts

European Union (EU) Commission President Jean-Claude Juncker Wednesday Wednesday said Venezuelan ruler Nicolás Maduro has become “a matter for the international justice system” and needs to “be brought before the courts.”
Friday, October 26th 2018 - 08:48 UTC
Falklands: Brexit and Argentina's plan for closer links with the Islands

Brexit brings a chance to strengthen ties between Argentina and the Falkland Islands, the country's foreign minister Jorge Faurie said in London. Faurie met with Foreign Secretary Jeremy Hunt and the pair discussed increasing trade and travel links between the Falkland Islands and South America.
Friday, October 26th 2018 - 08:19 UTC
Scotland's Sturgeon convinced a no deal Brexit, the most likely outcome

A no-deal Brexit may be the “most likely outcome” of the UK’s negotiations with the EU, Scotland’s First Minister Nicola Sturgeon has told MSPs. The First Minister said that while the terms of Britain’s withdrawal from the bloc are 95% agreed, there remains an “impasse” over the issue of the Irish border.