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UK's Cameron warns Brexit would drive up food prices | Reuters

May 22, 2016

UK's Cameron warns Brexit would drive up food prices | Reuters

LONDON British Prime Minister David Cameron warned voters on Sunday that they would face higher grocery bills if the country decides to leave the European Union at a June 23 referendum, citing a potential drop in the value of sterling. Cameron is leading the campaign to keep Britain inside the European Union ahead of the referendum, the outcome of which will have far-reaching consequences for the country's economy, its role in world trade and its global diplomatic status. "Independent studies show that a vote to leave would hit the value of the pound, making imports more expensive and raising prices in the shops," Cameron said in a statement #India #Business #Middle East #Europe #Foreign policy #european
Two bookmakers cut odds of UK In vote in EU poll to shortest so far | Reuters

May 21, 2016

Two bookmakers cut odds of UK In vote in EU poll to shortest so far | Reuters

LONDON Two major bookmakers are offering the shortest odds to date for Britain staying in the European Union, with the cash staked on the referendum result overwhelmingly backing a "remain" result. William Hill and Ladbrokes cut their odds on Britain remaining in the European Union to 1/6, meaning gamblers would get only one pound ($1.45) in profit for every 6 pounds wagered if Britons vote to stay in the EU. As polls have given sharply different pictures of public opinion, many investors are watching betting odds closely. #Economy #Business #Middle East #science #United Kingdom #Entertainment #european
German politicians say Merkel left EU exposed to Turkish blackmail | Reuters

May 15, 2016

German politicians say Merkel left EU exposed to Turkish blackmail | Reuters

BERLIN German politicians accused Chancellor Angela Merkel at the weekend of making Europe overly dependent on Turkey in the migrant crisis, leaving the bloc vulnerable to blackmail by President Tayyip Erdogan. Turkey, refusing to bow to European Union demands to rein in its broad anti-terror laws, said on Friday talks on a deal to provide visa-free travel in return for stopping illegal migrants reaching the EU had reached an impasse and the bloc must find a "new formula" to salvage the agreement. Merkel, whose popularity has suffered due to her liberal migrant policy that saw Germany take in more than one million migrants last year, had spearheaded EU efforts to secure the deal, signed in March #Business #Middle East #Europe #Argentina #Turkey #european
German politicians say Merkel left EU exposed to Turkish blackmail | Reuters

May 15, 2016

German politicians say Merkel left EU exposed to Turkish blackmail | Reuters

BERLIN German politicians accused Chancellor Angela Merkel at the weekend of making Europe overly dependent on Turkey in the migrant crisis, leaving the bloc vulnerable to blackmail by President Tayyip Erdogan. Turkey, refusing to bow to European Union demands to rein in its broad anti-terror laws, said on Friday talks on a deal to provide visa-free travel in return for stopping illegal migrants reaching the EU had reached an impasse and the bloc must find a "new formula" to salvage the agreement. Merkel, whose popularity has suffered due to her liberal migrant policy that saw Germany take in more than one million migrants last year, had spearheaded EU efforts to secure the deal, signed in March. #Syria #Middle East #Europe #Argentina #United Kingdom #european
Erdogan reaffirms EU membership as Turkey's strategic goal | Reuters

May 09, 2016

Erdogan reaffirms EU membership as Turkey's strategic goal | Reuters

ANKARA Membership of the European Union remains Turkey's strategic goal and a deal to liberalise visas for Turks visiting the bloc should accelerate the accession process, President Tayyip Erdogan said on Monday. #Economy #India #Business #markets #Turkey #Entertainment #european
Brexit would threaten London financial dominance: UK minister Jo Johnson | Reuters

Apr 26, 2016

Brexit would threaten London financial dominance: UK minister Jo Johnson | Reuters

LONDON If Britain votes to leave the European Union, London's dominant position as the pre-eminent global financial center in its time zone would be placed under threat and other EU centers would seek to rip away business, British minister Jo Johnson said. London dominates the $5.3-trillion-a-day global foreign exchange market and is by far the most important financial center in the European Union, vying with New York for the title of the world's financial capital. Some financiers say a British exit would sap London's wealth, hammer sterling, undermine the world's fifth-largest economy and prompt some traders to move their business to other centers such as New York and Singapore #United States #India #London #science #Africa #european #article
Hillary Clinton also wants Britain to stay in the EU | Reuters

Apr 24, 2016

Hillary Clinton also wants Britain to stay in the EU | Reuters

LONDON/WASHINGTON U.S. Democratic presidential front-runner Hillary Clinton wants Britain to stay in the European Union, her campaign said on Saturday, following an intervention from U.S. President Barack Obama who urged Britons to vote to remain #Economy #Business #Argentina #United Kingdom #Entertainment #european #article
Britain must stay close to its EU allies, Obama says | Reuters

Apr 22, 2016

Britain must stay close to its EU allies, Obama says | Reuters

LONDON U.S. President Barack Obama on Thursday urged Britain to remain close to its allies in Europe to help the international fight against terrorism - an intervention designed to persuade Britons to remain in the European Union. Obama made the comments in an article for the Daily Telegraph newspaper published shortly after he arrived in London for an official visit aimed at persuading Britons not to vote to leave the 28-country bloc at a June 23 referendum #United States #Obama #Economy #Business #markets #european #article
Obama arrives in London on mission to persuade UK voters to stay in EU | Reuters

Apr 22, 2016

Obama arrives in London on mission to persuade UK voters to stay in EU | Reuters

LONDON U.S. President Barack Obama arrived in London on Thursday with a mission - to persuade British voters not to ditch membership of the European Union in a referendum that Washington fears could weaken the West #India #Middle East #science #european #article
EU aims for joint European coast guard by summer | Reuters

Apr 22, 2016

EU aims for joint European coast guard by summer | Reuters

LUXEMBOURG EU governments agreed on Thursday to speed the formation of a common European border and coastguard that could be in service by this summer to control migrants arriving from the Middle East and Africa. #Business #markets #Foreign policy #european #opinion