Two weeks left until the Brexit decision and little progress has been made. As discussed previously, many people are moving assets away from the United Kingdom and into a more stable and promising economy. As the probability of a no-deal Brexit increases, many professionals with a focus on economics are questioning the effects it will have. Prime Minister Borris Johnson… Read more »
LONDON (Reuters) – The United Kingdom’s border risks being snarled up in a no-deal Brexit because as few as 30 percent of traders are prepared, the European Union would introduce controls and organized crime groups would exploit weaknesses, the National Audit Office said. The United Kingdom is due to leave the EU on Oct. 31 and while Prime Minister Boris… Read more »
BRUSSELS (Reuters) – Poor air quality caused about 400,000 premature deaths in Europe in 2016, the most recent year data is available, and almost every city-dwelling European is exposed to pollution levels that exceed healthy levels, according to a report on Wednesday. “Air pollution is currently the most important environmental risk to human health,” the European Environment Agency (EEA), the… Read more »
LISBON (Reuters) – Portugal’s government on Tuesday eased some requirements in its program that aims to draw home at least 1,500 Portuguese emigrants, after only 71 people took up the offer in the first two months since its launch in July. Changes include easing the deadline by which returnees must apply for the program but do not change financial incentives… Read more »
LUXEMBOURG (Reuters) – French President Emmanuel Macron was headed for a clash with German Chancellor Angela Merkel this week after Paris was isolated on Tuesday in opposing starting membership talks with North Macedonia. Denmark and the Netherlands sided with the French rejection of launching accession talks with another Balkan country, Albania in a meeting of EU ministers in Luxembourg, which… Read more »
Prime Minister Johnson has proposed a new deal that the European Union is still not completely sold with. The European Union is continuing to attempt to work with the United Kingdom to avoid what they expect to have major damage if a no deal Brexit occurs. The Parliament has passed a law saying that Prime Minister Johnson must request an… Read more »
DUBLIN/BRUSSELS (Reuters) – The European Union and Ireland said on Thursday that Prime Minister Boris Johnson’s Brexit proposals were unlikely to yield a deal, with Dublin bluntly warning that Britain was heading towards a no-deal exit unless it made more concessions. The European Union said it fully backed Ireland and that while it was open to discussions, it was still… Read more »
ZURICH (Reuters) – Swiss private banks have seen a sharp rise in British clients who are moving assets offshore to escape a chaotic Brexit, several sources familiar with the situation told Reuters. “In recent months the number of accounts opened from Britain has trebled,” one person at the wealth management arm of a large international bank in Switzerland said. Swiss… Read more »
LONDON (Reuters) – Climate change activists used a fire engine to hose a red liquid at the facade of the British finance ministry on Thursday in an attempt to draw attention to what they said was the government’s failure to avert a looming climate cataclysm. The activists from the group Extinction Rebellion drove up to the Treasury in a fire… Read more »
BRUSSELS (Reuters) – Facebook can be ordered to police and remove illegal content worldwide, Europe’s top court said on Thursday, in a landmark ruling that rights activists say raises concerns some countries could use it to silence critics. The judgment means social platforms can be forced to seek out hateful content deemed illegal by a national court in the 28-country… Read more »