Brexit
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Envoy Sees Potential for Broader Iran-UK Relations
EghtesadOnline: The post-Brexit United Kingdom is keen on boosting trade with Iran but certain challenges need to be overcome before the two countries can reach that crucial point, Tehran's envoy…
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Juncker: Brexit Was Waste of Time and Energy
EghtesadOnline: A few hours away from the United Kingdom officially leaving the European Union, former EU Commission president Jean-Claude Juncker shared his thoughts in an interview with FRANCE…
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Cost of Brexit for UK: $170 Billion and Counting
EghtesadOnline: UK Prime Minister Boris Johnson wants to "unleash Britain's potential." First the economy has to catch back up with the rest of the world.
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Court Strikes Down UK Parliament Suspension
EghtesadOnline: The United Kingdom’s Supreme Court ruled on Tuesday that Prime Minister Boris Johnson’s decision to shut down parliament in the runup to Brexit was unlawful, a humiliating rebuke…
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Ex-PM Cameron Slams Johnson Over Brexit
EghtesadOnline: Former British prime minister David Cameron launched a blistering attack on the UK's current leader Boris Johnson in extracts of his memoirs published Sunday, accusing him of…
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Rebel Lawmakers Launch Bid to Stop No-deal Brexit
EghtesadOnline: British Prime Minister Boris Johnson warned members of his own party that if they did not vote with the government when the country’s parliament returns on Tuesday from a summer…
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US Trade Deal Cannot Help Mitigate No-Deal Brexit Impact
EghtesadOnline: A possible trade deal with the US will do little to mitigate the impact of Britain leaving the EU without a deal in place, economists have told CNBC.
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Johnson Forms War Cabinet as No-Deal Prospect Rises
EghtesadOnline: UK Prime Minister Boris Johnson formed a war cabinet of six senior ministers to plan for exiting the European Union by Oct. 31, as a key adviser said leaving without a deal had…
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Johnson Wins UK PM Race, Vows to 'Get Brexit Done'
EghtesadOnline: Boris Johnson has been elected leader of the United Kingdom's Conservative Party and, by default, the country's next prime minister.
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May Resigns, Paving Way for Brexit Confrontation With EU
EghtesadOnline: Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European…
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May and Brexit Future Now in Doubt
EghtesadOnline: The political future of beleaguered UK Prime Minister Theresa May appeared in serious doubt on Monday after SNP leader Nicola Sturgeon said she will support the opposition Labour…
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Brexit and protests cast shadow over Trump visit to Britain
EghtesadOnline: Britain on Wednesday geared up for the arrival of Donald Trump just hours after the U.S. president waded into the Brexit crisis gripping Prime Minister Theresa May’s government…
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UK PM May appoints Jeremy Hunt as new foreign minister
EghtesadOnline: British Prime Minister Theresa May appointed Jeremy Hunt as foreign minister on Monday after predecessor Boris Johnson resigned in protest at the government’s plans for a close…
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Euroskeptic British ministers quit in blow to May's Brexit plan
EghtesadOnline: Prime Minister Theresa May’s foreign minister and Brexit negotiator quit on Monday in protest at her plans to keep close trade ties with the European Union after Britain leaves…
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Britain's upper house of parliament votes in favor of staying in EU's single market
EghtesadOnline: Britain’s upper house of parliament on Tuesday inflicted another defeat on Prime Minister Theresa May’s government, voting in favor of staying in the European Union’s single market.
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How Alibaba’s Jack Ma Became Theresa May’s New Brexit Guru
EghtesadOnline: Theresa May has found an unlikely source of inspiration for her Brexit plans: Jack Ma, the charismatic billionaire founder of Alibaba Group, the Chinese e-commerce giant, and…
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The road out of the European Union gets bumpier as key legislation heads to the upper house of parliament.
British Lords Get Ready to Disrupt Brexit
EghtesadOnline: The bumpy journey toward Brexit reaches another fork in the road this week as the upper chamber of the British parliament plans to rewrite a key piece of Prime Minister Theresa…
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Three Cabinet Ministers Offer Brexit Assurances to U.K. Businesses
EghtesadOnline: Three U.K. cabinet ministers promised a speedy agreement on a Brexit transition phase in an open letter to British businesses, seeking to give them certainty over the immediate…
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Macron Offer on Brexit Deal Highlights May's Difficult Choices
EghtesadOnline: French President Emmanuel Macron offered U.K. Prime Minister Theresa May the possibility of a Brexit deal that covered financial services, even as he set out options that make…
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Sterling Under Pressure; Stocks Slip as Bonds Gain
EghtesadOnline: The pound dropped as British Prime Minister Theresa May found herself under renewed pressure just as Brexit talks enter a crucial phase. European stocks fell, tracking many Asian…
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Brexit, Harassment Scandal: Crises Are Piling Up for May
EghtesadOnline: Political horizons vary. There’s the next election, the next budget cycle, the next big speech. U.K. Prime Minister Theresa May can see only as far as the next crisis.
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May Could Shake Up Cabinet With Boris Johnson in the Firing Line
EghtesadOnline: U.K. Prime Minister Theresa May could soon be planning an overhaul of her team of top ministers in a bid to reassert her authority and end the government infighting that’s put…
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Johnson Backs Down From Threat to Quit Over May's Brexit Speech
EghtesadOnline: U.K. Foreign Secretary Boris Johnson backed away from his threat to quit the government over Theresa May’s Brexit strategy, clearing the path for the prime minister to make a…
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Johnson Taunts May by Refusing to Say If He’ll Quit Over Brexit
EghtesadOnline: As his row with U.K. Prime Minister Theresa May over Brexit escalated, Boris Johnson was ready to contemplate the end of his career as Foreign Secretary, though he stopped short…
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May in Double Brexit Trouble as EU, Labour Raise Obstacles
EghtesadOnline: U.K. Prime Minister Theresa May’s Brexit planning suffered a double blow as a top European Union official doubted that trade talks will start next month and the opposition Labour…
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Theresa May Is Planning a Big Speech on Brexit
EghtesadOnline: Prime Minister Theresa May is to use a speech in late September to try to force the pace of Brexit negotiations as an October showdown with her European counterparts looms.
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UK PM May says EU repeal bill best way to avoid Brexit 'cliff edge'
EghtesadOnline: Prime Minister Theresa May warned lawmakers on Saturday that Britain could be faced with a Brexit “cliff edge” if they fail to back her EU repeal bill, as reports suggest momentum…
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U.K. Labour Party Backs Single Market Membership During Brexit
EghtesadOnline: The U.K.’s opposition Labour Party wants Britain to stay in the European Union’s single market for an extended period after it leaves the bloc, a shift in its position that could…
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Merkel Warns U.K. It'll Have to Pay EU Obligations in Brexit
EghtesadOnline: German Chancellor Angela Merkel warned the U.K. that it must pay what it owes the European Union as part of Brexit talks, saying it’s misleading to view the costs as a divorce…
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U.K. Brexit Concerns Increase as Businesses Fret About Economy
EghtesadOnline: U.K. companies are getting more worried about the economy and feeling less confident in spending money on hiring or investing, according to a new report.