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Global Banks Fight Back on Brexit , Warning $51 Billion at Stake

EghtesadOnline: Britain crashing out of the European single market could cost banks and associated businesses in the U.K. almost 40 billion pounds ($51 billion) in lost revenue, undermining a key sector of the economy, an industry report warned on Tuesday.
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Publish Date:05/October/2016 | 10:42

Threat of 'hard Brexit ' pulls down Wall Street

EghtesadOnline: U.S. stocks dropped on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
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Publish Date:05/October/2016 | 08:38

May Leaves Brexit Questions Unresolved After Setting Trigger

EghtesadOnline: Business groups and opposition parties pressed Prime Minister Theresa May for more detail after she said she’ll start pulling the U.K. out of the European Union in the first quarter of 2017,and hinted that she’s tending toward a so-called hard Brexit .
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Publish Date:03/October/2016 | 06:18

Dollar edges up as Deutsche fears recede, sterling stumbles

EghtesadOnline: The dollar started off the week on a firmer footing on Monday as fears about Deutshe Bank receded and investors looked ahead to this week's U.S. jobs data, while sterling hit seven-week lows after Britain set a March deadline to begin its exit from the European Union.
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Publish Date:03/October/2016 | 05:50

PM vows to make Britain 'sovereign' in first Brexit detail

EghtesadOnline: Prime Minister Theresa May will promise to make Britain "a sovereign and independent country" by repealing the act that took it into what is now the European Union next year, she told the Sunday Times newspaper.
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Publish Date:02/October/2016 | 05:03

British PM May says Scotland will have no veto over Brexit

EghtesadOnline: Prime Minister Theresa May said she will listen to Scotland's concerns over Britain's exit from the European Union but that the devolved Scottish government will not have a veto over the Brexit negotiations.
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Publish Date:01/October/2016 | 05:45

EU Leaders Agree on Schedule for Tackling Crises

EghtesadOnline: With policy splits among European Union countries putting their bloc under existential threat, national leaders agreed Friday on a six-month timetable to come up with solutions for the multiple crises hobbling their union. But they delivered few concrete commitments on ways to bridge the deep differences.
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Publish Date:18/September/2016 | 15:44

U.K. bonds still strong despite Brexit , Scottish secretary says

EghtesadOnline: Britain's impending exit from the European Union does not weaken the case for the union of Scotland with the rest of the United Kingdom despite its difficulties, Britain's Secretary of State for Scotland says.
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Publish Date:17/September/2016 | 08:15

Bank of England set to stick with rate cut signal despite Brexit bounce

EghtesadOnline: The Bank of England is expected to say on Thursday that it will still probably cut interest rates to a fraction above zero later this year, despite signs it overestimated the initial shock to Britain's economy from June's Brexit vote.
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Publish Date:15/September/2016 | 08:05

Cameron Says He’s Quitting U.K. Parliament After Brexit Defeat

EghtesadOnline: David Cameron said he’s quitting the U.K. House of Commons, triggering a by-election in his Witney district, less than three months after resigning as prime minister in the wake of his defeat in the Brexit referendum.
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Publish Date:13/September/2016 | 08:34

China, Japan Biggest Winners From Brexit

EghtesadOnline: The UK’s vote to leave the European Union could throw up some winners in Asia. That’s because Britain will be forced to deepen links with Asian trading partners and cut new deals allowing access to each other’s markets.
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Publish Date:11/September/2016 | 24:39

UK PM May charts collision course with Brexit eers over immigration

EghtesadOnline: British Prime Minister Theresa May cast doubt on Sunday on the effectiveness of 'points-based' immigration systems that screen applicants on the basis of factors like education and skills, setting up a potential conflict with some of her own ministers.
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Publish Date:05/September/2016 | 08:17

May’s Brexit Red Lines Prompt Warning From European Commission

EghtesadOnline: The European Commission fired a warning shot across Theresa May’s bow after her government decided to seek a tailor-made Brexit deal on its own terms, saying that the U.K. could not pick and choose the conditions it preferred.
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Publish Date:04/September/2016 | 09:21