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Brexit

  • UK GDP data increase interest rate hike possibility

    25 Oct 2017 12:48 PM |

    The UK economy grew by 0.4% in the third quarter, outperforming market expectations, raising the likelihood of the Bank of England starting to tighten monetary policy and raising interest rates soon.

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  • Davis: a new UK-EU Trade agreement could be reached within 12 months

    25 Oct 2017 12:03 PM |

    David Davis, the Brexit minister claims that a new free trade deal between UK and the EU could be agreed in the remaining 12 months of Brexit talks.

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  • Things are going well on the second day of the EU summit

    20 Oct 2017 12:38 PM |

    Angela Merkel, the German chancellor, sent a positive message at the EU summit to an appeal by British Prime Minister Theresa May to help with the negotiating process, saying that talks on Brexit are moving forward and unlikely to break down.

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  • Theresa May goes to Brussels for an unannounced trip

    16 Oct 2017 11:42 AM |

    British Prime Minister Theresa May will make an unannounced trip to Brussels to meet key negotiators of Brexit, accompanied by David Davies, the British minister in charge of negotiating with the European Union. They are expected to meet with Michel Barnier, European Union commissioner as well as Jean Claude Junker, President of the European Commission.

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  • Junker: Britain should pay what it owes to move to the second phase of negotiations

    13 Oct 2017 12:20 PM |

    Jean Claude Junker, President of the European Commission, made the following statement:

    • If the United Kingdom wants to move on to the second phase of negotiations, they have to pay.
    • Why not just say that the rights of EU citizens will remain as they are after Brexit

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  • Barnier: Recent Brexit talks were constructive but without big steps forward

    12 Oct 2017 01:48 PM |

    Michel Barnier, head of the European Commission, made the following statement:

    • Recent talks on Brexit have been constructive but no big steps have been taken.
    • The conditions for starting talks still remain on the ambitious partnership in the future.

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  • May: We should focus to get the best deal with the EU

    11 Oct 2017 01:12 PM |

    British Prime Minister Theresa May declined to comment on whether she would vote in favor of Brexit in other referendum, and avoided more than once answering an issue that determines the fate of future generations in Britain. Although she spoke of a promising Brexit since she took power last year, she quietly supported staying in the EU in the run-up to the June 2016 referendum.

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  • Hammond: The British economy is robust but surrounded by a cloud of uncertainty

    11 Oct 2017 12:00 PM |

    Philip Hammond, the British finance minister, said:

    • The IMF forecasts reflects how we have been affected by the uncertainty resulting from Brexit.

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  • Daily wrap up – 5 October

    5 Oct 2017 09:59 PM |

    The US dollar rose today to its highest level in seven weeks as the dollar index reached 93.81 in the light of the continued positive data from the US economy and remains waiting for employment data tomorrow which affected by the recent hurricanes. Today's data showed that the trade deficit shrank for August as exports rose to a two-and-a-half year high.

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