Tag: European Union

• Wednesday, August 29th 2018 - 08:23 UTC

  UK heat wave consequences: shop prices increase breaking a 63 month cycle

  

  UK shop prices have risen for the first time in five years, according to the latest data from the British Retail Consortium (BRC). It said shop prices increased by 0.1% in August, breaking a cycle of 63 months when prices fell. This happens after food inflation jumped to a seven-month high of 1.9% after the recent heat wave, which hit crop yields.

• Wednesday, August 8th 2018 - 10:08 UTC

  EU’s Blocking Statute enters in force to protect EU companies doing business with Iran

  

  European foreign affairs chiefs have pledged to protect firms against the impact of US sanctions for doing business with Iran. An EU “blocking statute” took effect on Tuesday to nullify US legal action against European firms in connection with Iran.

• Wednesday, August 8th 2018 - 06:00 UTC

  “UK is and will remain a tier one military power”, after Brexit, Defense Secretary tells Washington

  

  British Defense Secretary Gavin Williamson insisted on Tuesday that Britain's military will not be diminished after it leaves the European Union next year. “Britain leaving the European Union has no impact in terms of the security and defense of Europe,” Mr Williamson said in a speech at the Atlantic Council in Washington.

• Saturday, August 4th 2018 - 12:04 UTC

  The possibility of a “no deal Brexit is uncomfortably high”, wars Carney

  

  Bank of England Governor Mark Carney said on Friday Britain faces an “uncomfortably high” risk of leaving the European Union with no deal, comments that drove sterling to an 11-day low against the dollar.

• Thursday, July 26th 2018 - 06:02 UTC

  Trump and Juncker agree to talk trade and tariffs; German industry remains cautious

  

  A top German industry group gave a cautious welcome to solutions proposed by U.S. President Donald Trump and European Commission President Jean-Claude Juncker to avert a trade war, but warned that U.S. auto tariffs were not completely off the table yet.

• Wednesday, July 25th 2018 - 05:51 UTC

  Theresa May takes personal control of EU withdrawal negotiations

  

  UK Prime Minister Theresa May has informed Parliament that she is taking personal control of EU withdrawal negotiations, with new Brexit Secretary Dominic Raab “deputizing” for her in talks.

• Saturday, July 21st 2018 - 08:20 UTC

  EC warns 27 members to prepare for “significant disruptions” after Brexit

  

  The European Commission has issued a warning to governments, businesses and citizens in the 27 remaining EU states to prepare for “significant disruption” as a result of Brexit.

• Saturday, July 21st 2018 - 07:51 UTC

  EU finds some “good points” in PM May's post Brexit blueprint, but clarifications are needed

  

  The EU's top negotiator Michel Barnier expressed doubts on Friday Jul 20 over Britain's new Brexit blueprint for future trade ties with the European Union, as he called for “rapidly” settling outstanding issues like the Irish border.

• Friday, July 20th 2018 - 10:03 UTC

  EU, Mexico and Canada warned they will retaliate if US imposes new tariffs on cars and autoparts

  

  The European Union, Mexico and Canada have said they will retaliate against the US if the White House places new tariffs on foreign cars and vehicle parts. The countries delivered the warning on Thursday to a panel examining whether to recommend the taxes on grounds of national security.

• Friday, July 20th 2018 - 06:49 UTC

  Theresa May on a two-day visit to North Ireland to bolster her Brexit plan

  

  Prime Minister Theresa May will tell the people of Northern Ireland on Friday that her Brexit plan is the best way to avoid a hard border with Ireland, standing firm against critics in her own party.