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UK economy will suffer after Brexit vote: British PM May

EghtesadOnline: Britain's economy will suffer as a result of the decision to leave the European Union despite signs in recent economic data that the impact has not been as severe as some predicted, Prime Minister Theresa May said on Sunday.
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Publish Date:04/September/2016 | 07:04

British PM May says discussed Brexit with Obama

EghtesadOnline: Prime Minister Theresa May said on Sunday that she had discussed Britain leaving the European Union with U.S. President Barack Obama, and will consult on how they make sure the two countries have the closest possible trading relationship.
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Publish Date:04/September/2016 | 06:50

Pound Rally Leaves Bears Unmoved as Brexit ’s Threats Linger

EghtesadOnline: The pound’s longest winning run since the U.K. shocked financial markets by deciding to leave the European Union is failing to shake strategists, who expect a slide to its weakest level in three decades.
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Publish Date:03/September/2016 | 11:38

Sleepy summer may give way to freaky fall

EghtesadOnline: The dog days of summer have lived up to their sleepy reputation this year as far as U.S. stocks are concerned, but market gyrations could soon pick up as a traditionally more volatile time of year looms.
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Publish Date:03/September/2016 | 06:32

UK Job Seekers Feel the Pinch

EghtesadOnline: UK job seekers are starting to see the impact of Brexit , with salaries under pressure and companies advertising more contract positions as they resist committing to permanent hiring.
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Publish Date:31/August/2016 | 24:15

New tans, same old 'polycrisis' as Europe's summer ends

EghtesadOnline: The European Union grinds back into action this week after its August break, still dazed by Britain's midsummer vote to quit the EU and facing much the same "polycrisis" as a year ago: a mass of refugees, a fragile economy, hostile Russians and, yes, those Brits, now more awkward than ever.
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Publish Date:28/August/2016 | 06:43

Brexit leader Nigel Farage addresses Trump rally, bashes Clinton

EghtesadOnline: Nigel Farage, a key figure in the successful campaign to get Britain out of the European Union, lent his support to Republican presidential nominee Donald Trump on Wednesday, saying Trump represented the same type of anti-establishment movement that he masterminded in his own country.
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Publish Date:25/August/2016 | 10:13

Pro- Brexit Economists Sense Vindication as U.K. Shows Resilience

EghtesadOnline: Pro- Brexit economists smell vindication, not fear. With consumers on their biggest summer spending spree in 14 years after Britain’s vote to quit the European Union, “Leave” backers Patrick Minford and Ruth Lea see reasons to be cheerful. For them, bumper retail sales figures this week and a report showing the labor market remained resilient provide initial evidence that the economy can defy gloomy pre-vote predictions.
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Publish Date:20/August/2016 | 09:59

New York nabs global property crown from London on Brexit fears

EghtesadOnline: New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global financial center.
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Publish Date:20/August/2016 | 08:43

Britain to plug 4.5 billion pound EU funding gap for farms, colleges

EghtesadOnline: Britain will fill a gap of as much as 4.5 billion pounds ($5.8 billion) in funding for agriculture, universities and its regions that will open up when Britain leaves the European Union, finance minister Philip Hammond said.
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Publish Date:14/August/2016 | 08:51

Bonds Climb as Central Banks Stoke Demand, Commodities Decline

EghtesadOnline: Bonds advanced around the world, spurred by central banks’ commitments to boost growth and a dimming outlook for inflation as commodities declined. The pound fell for a fifth day as the Bank of England resumes debt purchases to combat the fallout from Britain’s Brexit vote.
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Publish Date:09/August/2016 | 10:37

Flight bookings to Britain rise after Brexit weakens pound

EghtesadOnline: Flight bookings to Britain rose in the month following the country's vote to leave the European Union as international visitors sought to take advantage of a cheaper UK-based holiday after a slump in the pound.
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Publish Date:08/August/2016 | 10:41

Disappointing China July imports suggest cooling domestic demand

EghtesadOnline: China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain's decision to leave the European Union.
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Publish Date:08/August/2016 | 10:17

Bank of England prepares to tackle Brexit hit

EghtesadOnline: The Bank of England (BoE) must decide over the coming week how much trouble Britain's economy is in following the shock vote to leave the European Union, and how much firepower it can throw at the problem.
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Publish Date:31/July/2016 | 08:37

UK firms expect growth to stagnate over next three months: CBI

EghtesadOnline: British businesses expect economic growth to grind almost to a halt over the next three months due to weaker investment and consumer confidence after June's vote to leave the European Union, the Confederation of British Industry said on Sunday.
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Publish Date:31/July/2016 | 08:33

Early 2017 could be best time to trigger Article 50: UK trade minister

EghtesadOnline: Early next year could be the best time for Britain to trigger formal divorce talks with the European Union so a deal can be reached before the next national election in 2020, international trade minister Liam Fox was reported as saying.
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Publish Date:26/July/2016 | 11:46

UK Faces Severe Deterioration After Shock Europe Exit

EghtesadOnline: Britain’s economy was battered by the Brexit vote last month and faced a “dramatic deterioration” in activity as orders dried up and business investments were canned, key data showed Friday.
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Publish Date:25/July/2016 | 14:30