Category: Market Information

G7’s “Most Difficult Meeting”

26 May 2017
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The quiet resort town of Taormina, Sicily has become the center stage for the world’s politics theater since this morning. The leaders of the Group of Seven (G7), the world’s most powerful economic leaders, are meeting there to discuss the most crucial problems and international issues in today’s world – such as the fight against […]

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UK’s Post Brexit Trade Partners

26 May 2017
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EU leaders have confirmed that no trade deal will be discussed with the UK, until an agreement on other critical issues has been reached. One of these issues is the so called “divorce bill”, which according to some experts might reach up €100bn. Despite that, this sum hasn’t been officially confirmed, although it has already […]

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EU Leaders Agree on Final Brexit Negotiation Guidelines

23 May 2017
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EU leaders have reached the final agreement on their Brexit proposal. The last version has confirmed the terms, that senior EU officials had already underlined several times – no trade deal until there is an agreement on other key issues. “All 27 of us today have confirmed the position we’re going to defend,” Michel Barnier, […]

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How to Get a Free Castle in Italy?

22 May 2017
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Do you want a castle in Italy? How about one for free? It might sound like April’s Fool joke but Italy’s State Property Agency (SPA) is not joking. The SPA, together with the Ministry of Cultural Heritage, has decided to implement a programme to save over hundreds of historical buildings by giving them for free. […]

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DHS to Expand The Laptop Ban Over European Flights

18 May 2017
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The US Department of Homeland Security (DHS) is considering to expand the ban on laptops, tablets and larger smartphones on-board flights coming in from Europe. Representatives from the DHS met with European officials on Wednesday to discuss the new restriction. The meeting was an initiative by European administrators who asked for clarification on the parameters. […]

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UK’s Inflation – Highest in Four Years

16 May 2017
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The UK’s inflation has reached the highest level since 2013, surpassing the analysts’ predictions. According to the report of the Office for National Statistics (ONS), the inflation rate in April is 2.7% up from 2.3% in March. The preliminary analysis was setting the level between 2.4% and 2.6%. The high inflation rate is mainly due […]

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World Under Ransomware Cyber Attack

15 May 2017
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In the wake of last week’s attack, a cyber nightmare has paralyzed computers and worried IT specialists around the world. The malware software, called WannaCry attacked over 200,000 computers in 150 countries across the globe. The attack started in the early hours of Friday and continued through the weekend. WannaCry, a software which enters the […]

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The UK Faces Professional Labour Shortage

09 May 2017
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UK companies are afraid that Brexit will increase the current shortage of skilled workers. A report from Recruitment and Employment Confederation (REC) stated that in the last 16 months, the suitable job candidates for various professions have rapidly decreased. The most in-demand sectors are in engineering, IT and nursing. “We have the lowest unemployment rate […]

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The Brexit Noose Tightens

03 May 2017
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The UK now faces a Brexit bill of €100bn (£84bn), according to an article in the Financial Times. The sum was calculated after a request from several member states, such as France and Germany, who asked for revision on the liabilities Britain has to meet before leaving the Union. The new bill includes payments of […]

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Tusk to the UK: First Are People, Money and Ireland

28 Apr 2017
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Donald Tusk confirmed that EU leaders will be adamant for the order in which the Brexit negotiations will proceed. They won’t discuss any future trade relation before key issues such as “people, money and Ireland” are resolved. In an open letter to his colleagues, the president of the European Council (EC) outlined some of the […]

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