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British Foreign Minister, Jeremy Hunt, said that a country could refuse to leave the European Union if London and Brussels did not agree on the terms of the deal. The minister said this on BBC radio. Brexit voting is scheduled for January 15 in the British Parliament. In order for Teresa Mae’s exit option from the EU to be adopted, it is needed to collect 320 votes from parliamentarians. At the same time, a part of the Conservative Party and the entire Democratic Unionist Party, consisting of 10 members, will presumably vote against the draft of the Prime Minister. Jeremy Hunt believes that the failure of Brexit will lead to a loss of confidence in the British people and will hurt Britain’s reputation abroad.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
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