EU
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BRUSSELS – Britain’s representative on the EU executive in Brussels, Financial Services Commissioner Jonathan Hill, said on Saturday he was resigning following the referendum vote for Brexit which he had campaigned against. Image: Britain’s EU Commissioner Lord Jonathan Hill. “I don’t believe it is right that I should carry on as the British commissioner as though…
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BUCHAREST – Britain’s exit from the European Union will mean a worrying 15 percent drop in the bloc’s annual budget from 2020, EU Regional Policy Commissioner Corina Cretu said on Monday. EU leaders are due to discuss the outcome of Britain’s June 23 vote to leave the EU at a meeting in Brussels on Tuesday.…
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Image: Li Daokui The China-UK relations will not be affected by the Brexit, according to a Chinese economist. Li Daokui said on Monday at the Summer Davos Forum in Tianjin, that the European Union may be more united learning from the mistake. He added that there’s no big deal if the UK is in the European Union…
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BERLIN – The leaders of Germany, France and Italy urged Britain on Monday not to waste time in starting a divorce procedure with the European Union (EU), warning against uncertainty in a long impasse. German Chancellor Angela Merkel (C), French President Francois Hollande (L) and Italian Prime Minister Matteo Renzi attend a news conference at…
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Britain could have a new prime minister by early September, the ruling Conservative Party said on Monday, after David Cameron started laying the groundwork for his successor to trigger the country’s exit from the European Union. The government is under pressure to fill a vacuum left when Cameron announced he would resign by October after…
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We’ve all seen the short-term downsides of Brexit: the stock market nosedive, the crash of the pound to 30-year-lows and the political earthquakes in the United Kingdom — including the announced resignation of Prime Minister David Cameron, the flaring up of civil war in the opposition Labour Party and the threats by the leader of…
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The U.S. Presidential hopeful Donald Trump has predicted the European Union will collapse in the near future, Vanguard reports. He went ahead warning Scotland against the risks of a second independence referendum. Trump was in Scotland a few hours after Britain opted to leave the EU in a historic referendum. During his time in the country, he…
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Leading graduate recruitment experts Milkround asked their online audience whether they will vote to stay or leave the EU in this week’s referendum. Out of the 672 respondents, 63% claim that they will be voting to remain while 37% are voting leave, showing that the majority of young people want the UK to remain a…
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Doug Monro, co-founder of Adzuna is quoted by OnRec on impact of Brexit on the UK job market. He says: “A strong economy is something we take for granted. Jobs are the oxygen for Britain’s economy – and our lifeline as workers. “This week’s vote is introducing new risks into the UK jobs market, and…
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Responding to the announcement that the UK has voted to leave the European Union, OnRec quotes Recruitment & Employment Confederation Chief Executive Kevin Green as saying: “The vote to leave the EU is likely to usher in a challenging period for British business and for the UK labor market in particular. Our data has shown a slowdown…
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Mark Mitchell, CEO of Meridian Business Support, said in OnRec comments: “The result is shocking and it’s a sad day for the UK. We now face a level of political instability and an uncertainty over who is going to be the next Prime Minister. “As a country we will become less relevant. In the years to…
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