Thursday , September 20 2018

Tag Archives: brexit

Honeymoon over for UK PM – May: private woman and political enigma

BIRMINGHAM, United Kingdom, Oct 2, (AFP): Facing ever-louder calls to define what Brexit means, the honeymoon is already over for British Prime Minister Theresa May after her meteoric rise to Downing Street following the vote to leave the EU. May swept to power ultimately unopposed in July in an internal …

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Bank of England cuts rates to record low of 0.25% on Brexit – Central bank to buy 60 billion pounds of govt debt

LONDON, Aug 4, (RTRS): The Bank of England swung into action on Thursday against the economic shock from Britain’s vote to leave the European Union, cutting interest rates to near nothing and unleashing billions of pounds to cushion the Brexit blow. In what one bank dubbed a “sledgehammer stimulus”, the …

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Competitive shake-up must in Great Britain

I LOVE England. Always have and always will. I am never happier than when there is a carpet of snow covering the garden and fields surrounding my country home or just out for a stroll with friends along the lush green banks of the Thames watching the swans. Peace, perfect …

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Cameron bows out, May becomes PM

LONDON, July 13, (Agencies): Outgoing British prime minister David Cameron admitted it had not been an “easy journey” as he left office after six years on Wednesday wishing his country “continued success” in its post-Brexit future. Speaking outside the premier’s Downing Street office before making the short journey to Buckingham …

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Prices hold $45-50 range despite Brexit

As June closed, oil prices posted their sixth consecutive monthly increase. As of June 30, ICE Brent, the international benchmark, was trading at slightly below $50 per barrel (bbl), while NYMEX West Texas Intermediate (WTI), the US crude marker, was ranging just under at $49.8/bbl. Brent finished the month at …

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With Brexit clouding outlook, US payrolls to tilt focus to Fed – Economic growth regains speed in second quarter

LONDON, July 1, (RTRS): Investors will start to peek beyond the Brexit-dominated headlines in the coming week to gauge the outlook for the global economy, and what impact an expected rebound in US job creation will have on central banks eyeing looser policy. Britain’s shock vote to leave the European …

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Britain vows action after racist attacks – Polish, Muslim leaders express concern

LONDON, June 28, (Agencies): Polish and Muslim leaders in Britain expressed concern on Monday after a spate of racially motivated hate crimes following last week’s vote to leave the European Union in which immigration was widely regarded as a key factor in the outcome. Police said offensive leaflets targeting Poles …

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Kuwaiti banks enjoy adequate levels of liquidity and not impacted by Brexit – Regional funding costs not expected to be hit: Al-Marzouq

KUWAIT CITY, June 28: The General Manager of Treasury Group at NBK, Sulaiman Al-Marzouq, stated that it is difficult to predict the levels the Euro or the Pound could reach in the aftermath of the EU referendum results in the UK amid the wide fluctuations in the currency markets. In …

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Kuwait’s finance min expresses confidence in UK investments – Brexit vote unlikely to curtail Gulf appetite for British property

DUBAI, June 27, (Agencies): Kuwaiti Finance Minister Anas Al-Saleh said on Monday that the Gulf Arab kingdom’s investments in Britain were “high-quality and long-term”, state news agency KUNA reported. His message was delivered to a Cabinet meeting which discussed the impact on Kuwait of the British vote on Thursday to …

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EUROPEAN POWERS DEMAND QUICK BRITISH EXIT – Britain, EU squabble over divorce talks

LONDON, June 25, (Agencies): European powers demanded a quick divorce Saturday as Britain’s seismic vote to abandon the EU sparked bitter break-up rows at home and abroad. Britons had cast aside warnings of isolation and economic disaster to vote 52 percent-48 percent in favour of quitting the European Union in …

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