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....Calio warned that even a day’s disruption could be catastrophic, with 140 passenger flights and 43 cargo flights a day between the US and Britain. Car parts, farm machinery, food and iPhones are among the many exports flown into the UK and Europe from the US on a daily basis under the Open Skies agreement, which allows EU and US airlines flying into the European Union to operate in each other’s countries. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 05:00:37 AM
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....Now, the recovery in the export/import relationship in the late 1960s took time. We talk about the “J curve” to illustrate how things got worse before they got better: first higher import prices, then the impact of price changes on the volume of exports (a boost) and imports (a discouragement). ... [Read full article on Guardian ]
Sunday 24th of September 2017 06:00:37 AM
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....The Bank of England has nevertheless said it is likely to raise interest rates at its next meeting on 2 November in the expectation that full employment will raise wage rates and keep inflation above its 2% target next year. Bank chiefs have forecast that stronger exports will help offset weaker business investment and uncertain consumer demand. ... [Read full article on Guardian ]
Friday 22nd of September 2017 05:40:43 PM
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Latest Finance News related to Exports

Brexit isn’t a new Black Wednesday. It’s far darker than that image
Source : Guardian [Read Article] Sunday 24th of September 2017 06:00:37 AM
....Now, the recovery in the export/import relationship in the late 1960s took time. We talk about the “J curve” to illustrate how things got worse before they got better: first higher import prices, then the impact of price changes on the volume of exports (a boost) and imports (a discouragement). ...
Factory orders fall due to rising import costs and Brexit uncertainty image
Source : Guardian [Read Article] Friday 22nd of September 2017 05:40:43 PM
....The Bank of England has nevertheless said it is likely to raise interest rates at its next meeting on 2 November in the expectation that full employment will raise wage rates and keep inflation above its 2% target next year. Bank chiefs have forecast that stronger exports will help offset weaker business investment and uncertain consumer demand. ...
B&Q owner Kingfisher won't let its European DIY firms do their own thing | Nils Pratley image
....It’s hard to quibble with the commercial logic behind the proposed merger of ThyssenKrupp and Tata Steel’s European steel operations. The market, as everybody knows, is over supplied and under constant pressure from Chinese exports. ...
US airlines 'very concerned' over aviation regulations post-Brexit image
Source : Guardian [Read Article] Wednesday 20th of September 2017 05:00:37 AM
....Calio warned that even a day’s disruption could be catastrophic, with 140 passenger flights and 43 cargo flights a day between the US and Britain. Car parts, farm machinery, food and iPhones are among the many exports flown into the UK and Europe from the US on a daily basis under the Open Skies agreement, which allows EU and US airlines flying into the European Union to operate in each other’s countries. ...
Fall in migration after Brexit could push up inflation, says Carney image
Source : Guardian [Read Article] Monday 18th of September 2017 03:36:20 PM
....The reduction and reorientation of trade is “likely to weigh on productivity for some time”, he said, while the actual impact will depend on how quickly any lost access to Europe is replaced by other arrangements. The governor also pointed to an increase in UK exports that only go to manufacturers in the EU, before being sold on to end buyers. ...
Five reasons why global stock markets are surging | Nick Fletcher image
Source : Guardian [Read Article] Monday 18th of September 2017 11:10:43 AM
....Global stock markets are at record highs, with the MSCI All Country World Index reaching a new peak on Monday and both the Dow Jones Industrial Average and the S&P 500 in uncharted territory. European and UK markets are also attracting investors again, although they are below their best levels due to the strength of the euro and the pound making exports pricier. ...
Airbus launches internal corruption investigation after Guardian exposé image
Source : Guardian [Read Article] Monday 18th of September 2017 04:42:22 AM
....Neither the UAE businessman nor Avinco responded to requests for comment. Airbus receives huge financial support from the British, French and German governments to help exports. ...
The eurozone may be back on its feet. But is Greece? image
Source : Guardian [Read Article] Saturday 16th of September 2017 03:00:15 PM
.... With Syriza trailing by as much as 16 percentage points in the polls, Tsipras is proving to be no different, emphasising the seven-point drop in unemployment since 2015, a 7. 5% jump in exports and a bumper year for tourism. ...
UK's £1bn TV and film sales industry under threat from new regulations image
Source : Guardian [Read Article] Wednesday 13th of September 2017 11:01:26 PM
....”. Europe is the second-biggest market for UK TV exports – only North America is bigger – worth well in excess of £400m in sales annually. ...
DUP convinces May to raise Northern Ireland plane jobs with Trump image
Source : Guardian [Read Article] Tuesday 12th of September 2017 01:20:43 AM
....Bombardier has dismissed the allegations as “absurd” and insisted the injection of cash complies with laws and regulations in the jurisdictions where it does business. Based at the old Shorts plane factory near George Best airport, the Bombardier plant employs about 5,500 people and is worth 10% of Northern Ireland’s overall manufacturing exports. ...
Petra Diamonds market value falls after Tanzania seizes $15m shipment image
Source : Guardian [Read Article] Monday 11th of September 2017 10:14:44 AM
....Tanzania has locked horns with several foreign mining companies since the 2015 election of John Magufuli, who as president has sought to extract higher value for the country’s raw materials. His government last week cited “irregularities” in the process by which its stake in the Williamson mine was reduced from 50% to 25%, while Magufuli has also ordered an investigation into alleged under-declaration of diamond exports. ...
British arms sales to repressive regimes soar to £5bn since election image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:04:21 PM
....Following the referendum on leaving the European Union, the Defence & Security Organisation, the government body that promotes arms manufacturers to overseas buyers, was moved from UK Trade & Investment to the Department for International Trade. Shortly afterwards, it was announced that the international trade secretary, Liam Fox, would spearhead the push to promote the country’s military and security industries exports. ...
UK exports outside EU fall despite weak pound image
Source : Guardian [Read Article] Friday 8th of September 2017 10:42:19 AM
. Britain’s efforts to expand trade in goods beyond the European Union’s border took a knock in July after official figures showed the UK’s deficit with the rest of the world widened following a drop in exports. ...
Hit factory: British music stars break overseas sales records image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
....The top five was rounded out by The Rolling Stones’s Blues & Lonesome, Coldplay’s A Head Full of Dreams and Radiohead’s A Moon Shaped Pool. The BPI said the value of British music exports – sales of CDs, vinyl, streaming and downloads of singles and albums – has rocketed by more than 72% since the start of the decade as legal streaming has replaced widespread piracy. ...
Factory and retail sales climb despite fears of Brexit slump image
Source : Guardian [Read Article] Monday 4th of September 2017 11:01:25 PM
. British manufacturers and retailers are reporting an upswing in sales, despite fears Brexit could hamper future growth, as the weak pound bolsters exports abroad and consumer spending at home. ...
As the UK economy sputters, it's all systems go in the eurozone | Richard Partington image
.... That could help steady ministers’ nerves as they negotiate Britain’s divorce in Brussels, but if isolation from Europe crystallises in the event ministers fail to reach a deal, there is gathering evidence the UK economy will suffer while our biggest trading partner carries on unharmed. UK exports to the EU were worth £241bn in 2016, and accounted for 44% of all of the country’s exports. ...
Slowdown in consumer credit growth spells trouble for UK economy | Phillip Inman image
....Either way it spells trouble for an economy dependent on consumer spending to drive GDP growth. With business investment in the doldrums and exports unable to make much headway despite the low pound, the consumer is the linchpin preventing the economy stalling altogether. ...
FTSE falls to 16-week low after North Korea missile test and storm Harvey image
....“The race to the safe havens has seen the dollar ditched, which is resulting in some fresh and unwelcome sterling and euro strength,” said Mike van Dulken, the head of research at Accendo Markets. Some commentators said the euro’s status as a safe haven was increasing its value to a level where it was harming French and German exports, putting pressure on the European Central Bank to implement policies that will prevent the currency rising any further in value. ...
US gas prices expected to rise as Harvey forces Gulf coast refineries to close image
....“Historically, onshore production has rebounded faster than offshore production and this would be consistent with producer commentary that loss of production is due to preventive shut-ins for now,” Goldman Sachs said. With major ports in Houston and Corpus Christi closed to vessel traffic, S&P Global Platts said imports and exports of crude and refined products will be delayed. ...
British and German firms unite to call for business-friendly Brexit talks image
....”. Wansleben noted that German exports to the UK were down 3% in the first half of this year on a year earlier; while exports to the rest of the EU rose 6%. ...
​AstraZeneca to make multimillion-pound investment in UK site image
Source : Guardian [Read Article] Sunday 27th of August 2017 01:31:50 PM
....AstraZeneca’s latest plans will be announced when Sir John Bell, a Canadian-British immunologist, geneticist and Oxford University professor, lays out his proposals for the life sciences industry this week. His report, backed by the government, is expected to recommend new tax breaks and other support for the sector to boost research and exports of medicines, including an apprenticeship scheme. ...
The EU is not the enemy of the state. Time to think again on Brexit image
Source : Guardian [Read Article] Sunday 27th of August 2017 06:00:02 AM
....This is bad enough, but the economy has slowed down as well: as the economist Simon Wren-Lewis points out, the slowdown was at first aggravated in 2015 and 2016 by the continuing austerity policy, but more recently has been hit by the impact on real incomes of the Brexit-induced devaluation of the pound. Now, in theory one of the few benefits of that depreciation should have been a rebalancing towards exports, and some surveys suggest that export orders are rising. ...
Weak pound is hitting spending rather than boosting UK trade | Larry Elliott image
.... Some of that was due to consumers bringing forward purchases of new cars in order to beat changes in vehicle excise duty but for the most part it was a response to the squeeze on living standards caused by the sterling-induced jump in the cost of living. Meanwhile, net trade – which measures how imports and exports have changed over the latest quarter – contributed a big fat zero to growth in the three months to June. ...
'Growth is slowing in the UK, but picking up elsewhere' – experts debate Brexit data image
....There was other related bad news, including a worsening of the UK’s trade performance. Despite a boost in exports from the lower pound, this was matched by the trade in goods deficit widening unexpectedly to £12. ...
Diesel scandal is a risk to German economy, says ministry image
Source : Guardian [Read Article] Monday 21st of August 2017 03:37:43 AM
South Korea's thirst for craft beer helps food and drink exports top £10bn image
. Soaring demand for British craft beers in South Korea helped UK food and drink exports top £10bn in the first six months of 2017, the best first half figures ever. ...
Brexit is a chance for farming reform – but we must get the policy right | Ngaire Woods image
....To be sure, the abolition of subsidies was only one element of New Zealand’s agricultural transformation. Equally important was the effort made by the country’s leaders to secure access to growing markets in the Middle East, Japan and subsequently China, which is now New Zealand’s largest export market, accounting for 21% of exports. ...
Pound V euro: GBP slumps against EUR as UK inflation holds steady image
Source : Daily Express [Read Article] Tuesday 15th of August 2017 11:43:00 AM
....7 per cent. The slower-than-expected growth was largely attributed to a slight downturn in German trade figures, with imports increasing at a faster pace than exports quarter-on-quarter. ...
UK will 'mirror' much of EU customs system for Brexit, plans reveal image
Source : Guardian [Read Article] Tuesday 15th of August 2017 11:31:05 AM
....The second, and more ambitious, of two options outlined in Tuesday’s paper was called a “new customs partnership” and “would involve the UK mirroring the EU’s requirements for imports from the rest of the world where their final destination is the EU”. Officials hope this would remove the need for all customs checks with the EU because UK exports would also be exempt from tariffs under the planned free trade agreement – though all such promises are subject to extensive negotiation with other member states. ...
Japanese economy posts longest expansion in more than a decade image
Source : Guardian [Read Article] Monday 14th of August 2017 02:23:48 AM
....The factors that propelled the most recent growth in GDP were led by rising domestic activity, as consumer spending accelerated significantly, while low unemployment helped wages to grow faster than in the previous quarter. On a less positive note, net exports declined by 0. ...
How Trump v Kim can wreck the world economy without a shot being fired | Larry Elliott image
....In the 25 years leading up to the financial crisis, China developed a hugely successful growth model. There was a mass exodus of people from rural districts to work in newly built factories that – courtesy of low wages and an under-valued currency – were able to flood the west with cheap exports. ...
Brexit pain for holidaymakers as pound expected to fall further against euro image
....Theresa May, Philip Hammond, Boris Johnson, Chris Grayling, Liam Fox and Michael Gove have given contradictory statements about Conservative plans for trade, customs, tariffs, immigration, air control, a transition period and countless other facets of Britain’s divorce. “The UK economic outlook looks bleak, with stretched household balance sheets, Brexit negotiation uncertainty potentially weighing on business investment, and net exports growth staying subdued despite a weak pound,” Morgan Stanley analysts said. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
....To explain this, observers pointed to the nimble response of the Bank of England, which cut interest rates to prevent any softening of demand. They pointed to the big post-referendum depreciation of the pound, which promised to make British exports more competitive and offset any problems with the transition to a new trade regime. ...
UK car industry facing an 'utterly demoralising' Brexit image
Source : Guardian [Read Article] Friday 4th of August 2017 04:01:06 PM
....Since the decline of British-owned car companies in the 1980s, the UK automotive industry has been rebuilt by overseas manufacturers investing in operations based on frictionless integration of products and people with other European countries, and no tariffs or regulatory barriers. SMMT’s most recent figures state that 814,000 people are employed in the UK industry, which in 2015 turned over £72bn and exported £34bn worth of products, with 56% of car exports and 65% of components going to EU countries. ...
Don't relax rules on City after Brexit, Mark Carney warns image
Source : Guardian [Read Article] Thursday 3rd of August 2017 05:00:19 PM
....The governor of the Bank of England has predicted that the financial sector could double in size to be 20 times as big as GDP within the next 25 years, but warned that the government must hold its nerve and resist pressure to water down regulation after Brexit. Speaking to the Guardian to mark the 10th anniversary of the start of the global financial crisis in August 2007, Mark Carney said a thriving City meant more jobs, tax revenues and exports. ...
Millions of eggs removed from European shelves over toxicity fears image
Source : Guardian [Read Article] Thursday 3rd of August 2017 10:52:41 AM
....It has been reported that 2. 9m eggs from companies believed to have used the fipronil anti-lice agent were delivered to Germany before 22 July, when exports were blocked, although many of them remained in packing stations. ...
Populist trade policies won’t protect jobs anywhere in the world | Kenneth Rogoff image
....Even if protectionists could shut down outsourcing of tasks, what would the cost be? Online service platforms do need to be regulated, as early experience with Uber has demonstrated. But, given the massive number of new jobs that India and China need to create every year, and with the internet remaining highly permeable, it is folly to think advanced economies can clamp down tightly on service exports. ...
Ireland's departing UK ambassador shares 'sadness' over Brexit image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 06:00:39 AM
....He described Brexit as a “black swan event” that had produced the “only dark cloud” on Ireland’s horizon, giving the country its “biggest economic, political and diplomatic challenge in the history of the state”. Irish exports to the UK have already taken a €500m hit because of the decline in sterling, and a hard Brexit would threaten relations further. ...
UK economy is about to surge back to life, says leading forecaster image
Source : Guardian [Read Article] Tuesday 1st of August 2017 11:01:30 PM
....Britain’s economy will surge back to life in the next six months following its slow start this year, a leading forecaster has predicted, prompting the Bank of England to raise interest rates next spring – more than a year earlier than its previous projection. The National Institute of Economic and Social Research (NIESR) said a boom in exports after the fall in the pound and a return to bumper wage rises next year would be enough to increase GDP growth to almost 2% and convince the central bank to increase the cost of borrowing. ...
Eurozone economy grows twice as fast as UK's, figures show image
Source : Guardian [Read Article] Tuesday 1st of August 2017 12:07:04 PM
....Rob Dobson, an economist at the survey’s compilers, IHS Markit, said it showed UK manufacturing – which makes up a tenth of the UK economy – had started the third quarter on a solid footing. He highlighted particularly solid growth in UK exports, which have been made more competitive by the pound’s sharp drop after the Brexit vote and have benefitted from a strengthening global economy. ...
Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz image
.... The concern is that, after imposing a one-off levy on the untaxed profits that US firms hold abroad, introducing a territorial system would generate a tax loss. To offset this, Paul Ryan, the speaker of the House of Representatives, has proposed adding a tax on net imports (imports minus exports). ...
Lloyds takes fresh £1bn hit from PPI compensation claims image
Source : Guardian [Read Article] Thursday 27th of July 2017 08:29:53 AM
....But the Lloyds chief executive said he was confident about the UK economy, which he insisted “remains resilient”. “Inflation is however now rising above disposable income given the recent depreciation in sterling and, while this may affect consumption going forward, the economy should benefit from rising exports and earnings from foreign assets,” he said. ...
The IMF is right to downgrade its forecast for the UK | Larry Elliott and Nils Pratley image
.... A further IMF downgrade to about 1. 5% in the autumn looks probable unless the stronger growth the IMF sees in the eurozone and the bigger emerging markets is sustained and leads to higher demand for UK exports. ...
Brexit economy: sterling fall hits public finances and fails to boost trade image
....30 against the US dollar. A weaker currency makes exports cheaper and imports dearer, but the latest set of official trade figures found that a rise in exports was accompanied by an even bigger increase in imports. ...
Rushing into a trade deal with the US would harm the UK | Adam Marshall image
Source : Guardian [Read Article] Saturday 22nd of July 2017 11:03:00 PM
....As someone born in the US who has spent all his adult life in the UK, you might think I would be a natural advocate for a comprehensive US-UK free trade agreement. After all, more than 15% of all UK goods exports already go to the US – the biggest percentage for any single country, if the 47% of UK goods exports that go to the EU’s 27 countries are discounted. ...
If home ownership continues to shrink, the retirement system is in trouble | Greg Jericho image
....Now in the context of the past few years, that is not all that high, but it is higher than the RBA would like given it has repeatedly noted in its statements on monetary policy decisions of the benefit of the falling exchange rate since 2013 and that “an appreciating exchange rate would complicate this adjustment”:. A higher dollar makes our exports more expensive and thus hurts such businesses. ...
US 'will become one of the world's top gas exporters by 2020' image
Source : Guardian [Read Article] Thursday 13th of July 2017 07:00:01 AM
....”. More than half of that new production will be turned into liquefied natural gas for exports, he added. ...
Political upheaval will lead to UK economy slowing down, says Moody's image
Source : Guardian [Read Article] Tuesday 11th of July 2017 12:51:23 PM
....Weaker public finances could lead to a “further delay in reversing the rising tend of public debt”, the agency warned in a report. However, it said the Bank of England’s credibility should ensure financial stability, with exchange rate flexibility giving support for exports. ...
The UK economy must take a long, hard look at itself | Larry Elliott image
....Things didn’t work out as planned and the reason they didn’t was that Cameron and Osborne failed to understand just how structurally weak the economy was. They assumed that it wouldn’t really matter if consumer spending was flat and the housing market a bit depressed because growth would pick up elsewhere – in manufacturing, exports and investment – to compensate. ...
German industry warns UK not to expect help in Brexit negotiations image
Source : Guardian [Read Article] Sunday 9th of July 2017 08:51:32 AM
....Albrecht Ritschl, an economic history professor at the London School of Economics who has advised the German government, said: “One thing German industry is clearly worried about is the potential disruption on the way to a free trade agreement because it cannot be negotiated within the two-year timeframe. That said, German exporters would also benefit from the harm that a crash-out Brexit would do to UK exports to the EU. ...
'Battle mood' EU threatens bourbon whiskey in US steel trade row image
Source : Guardian [Read Article] Friday 7th of July 2017 11:17:26 AM
....In one of the most serious warnings of a tit-for-tat response if the US resorts to protectionist measures, Jean-Claude Juncker said the EU was “in elevated battle mood”. Targets could include American whiskey exports. ...
Russia's future looks bleak without economic and political reform | Kenneth Rogoff image
.... But the media tend to over-emphasise this aspect of Russia’s economic woes. All countries that rely heavily on energy exports have suffered, especially those, like Russia, that have failed to diversify their economies. ...
UK services sector growth hits four-month low amid Brexit fears image
Source : Guardian [Read Article] Wednesday 5th of July 2017 11:39:28 AM
.... According to historical comparisons, the current PMI reading would be more consistent with the Bank of England cutting interest rates rather than hiking. The surveys show there are pockets of growth in financial services and business services, but the overall picture is one of business spending, investment and exports failing to provide sufficient impetus to fully offset the consumer slowdown. ...
How much?? image
Source : BBC [Read Article] Tuesday 4th of July 2017 10:26:38 PM
....This kind of tutoring is one of the British education services that makes a valuable contribution to the UK economy. Collectively, education exports were worth a whopping £17. ...
Bank of England's Michael Saunders: 'Prepare for higher interest rates' image
....”. Another factor pushing him towards higher rates are signs that exports are “doing really well” and investment intentions have picked up. ...
Hard Brexit has been confounded by some harder realities image
Source : Guardian [Read Article] Sunday 2nd of July 2017 06:00:21 AM
....The evidence for concern about Brexit-induced potential loss of trading and investment opportunities is accumulating thick and fast. I was particularly struck by Unwin’s point that, if the UK is forced to follow the hard Brexiters’ path towards dependence on World Trade Organisation rules, “it will find itself subject to substantial tariffs on its exports to and imports from the EU and possibly no deal for finance and services at all”. ...
Household income falling at fastest rate since 1976 as UK savings rates crash image
....8 percentage points from growth in the first quarter. Some deterioration had been expected in the City after the sharp narrowing of the deficit in late 2016, and analysts said the fall in the value of sterling – which makes exports cheaper and imports dearer – should help the balance of payments. ...
UK car output fell 10% in May, says SMMT image
Source : BBC [Read Article] Thursday 29th of June 2017 08:48:04 AM
....However, in May 2016 output had risen by more than 26% to the highest total for the month in more than a decade. The SMMT said carmakers were now set to ramp up production of new models, with exports the main driver of demand. ...
Pound leaps as Carney says growth will be factor in interest rate debate image
Source : Guardian [Read Article] Wednesday 28th of June 2017 03:15:46 PM
.... Sir Jon Cunliffe said consumer spending was slowing as households’ real incomes were squeezed by higher inflation. “We expect some of that slowing to be offset by growth in business investment, growth in exports. ...
With politics turned on its head, Labour sticks to Brexit ambiguity image
Source : Guardian [Read Article] Sunday 25th of June 2017 01:05:57 PM
.... The pound’s fall has made imports dearer and contributed to a squeeze on living standards, but it has helped manufacturers who, according to the CBI, have the strongest order books in three decades. Britain’s unbalanced economy needs higher exports and less reliance on consumer spending, unpopular though that combination is. ...
Exporters are wise to start preparing for a hard Brexit image
Source : Guardian [Read Article] Saturday 24th of June 2017 04:05:04 PM
.... Last week the carmaker revealed amid a fanfare of publicity that it would be hiring 5,000 extra engineers and, with less fanfare, that it would begin work on its next-generation electric car in Austria. Very simply, the company appears to have made a judgment that for the next two to three years the pound will remain low and, with this discount in place on its exports, it will profit from shifting a huge volume of diesel cars from factories in the West Midlands and Merseyside to the rest of the world. ...
Revealed: the Romanian site where Louis Vuitton makes its Italian shoes image
Source : Guardian [Read Article] Saturday 17th of June 2017 08:00:33 AM
.... Senior managers, she said, are French and the materials used are likewise imported from France. After assembly, she explained, the factory exports the goods to France and Italy, where they are “finished” so that they qualify for a “made in France” or “made in Italy” label in accordance with EU law. ...
Bank of England doves right to thwart hawks seeking interest rate rise image
Source : Guardian [Read Article] Thursday 15th of June 2017 01:18:37 PM
.... Inflation is heading above 3%, at which point the Bank’s governor, Mark Carney, will have to write an explanatory letter to the chancellor, Philip Hammond. The continued fall in unemployment also meant a tighter labour market and, although the weak pound has put the brakes on consumer spending by making imports dearer, the other side of the coin is that a more competitive currency is helping exports and encouraging businesses to invest. ...
BAE 'secretly sold mass surveillance technology to repressive regimes' image
Source : Guardian [Read Article] Wednesday 14th of June 2017 11:01:23 PM
....According to the BBC, the technology is capable of breaking communications that have been encrypted, although no details are specified. This has worried Whitehall officials, according to the emails recording discussions between Danish and British departments responsible for overseeing exports. ...
Qatar crisis highlights rising UK energy reliance on imports image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:29:15 PM
.... This means the Qatar dispute inevitably raises concerns. However, Dr Bassam Fattouh, the director of the Oxford Institute for Energy Studies, said the situation would have little effect on gas exports. ...
UK economy falls to bottom of EU growth league image
Source : Guardian [Read Article] Thursday 8th of June 2017 05:33:45 PM
....Prospects for the 19-nation eurozone, by contrast, have brightened. Political uncertainty has diminished now France’s presidential election is out the way, unemployment has fallen, business surveys point to solid demand and a continuing recovery in the global economy could boost exports, economists say. ...
ECB forecasts higher growth but keeps rates on hold image
Source : BBC [Read Article] Thursday 8th of June 2017 12:05:28 PM
....2%. Mr Draghi said the recovery was due to a pick-up in investment and corporate profitability, gains in employment and the global recovery supporting trade and euro area exports. ...

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