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Milei Announces Luis Caputo as Argentina’s Economy Minister
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53
LetterOne Tycoon German Khan Loses Challenge to EU Sanctions
LetterOne Tycoon German Khan Loses Challenge to EU Sanctions
German Khan, co-founder of investment firm LetterOne, lost a court challenge against European Union sanctions over his alleged
2023-11-29 21:46
Shein ‘lines up US stock market flotation that could be worth nearly $90 billion!’
Shein ‘lines up US stock market flotation that could be worth nearly $90 billion!’
After becoming a staple for millions of young women, Chinese fast fashion titan Shein has reportedly lodged confidential paperwork with securities regulators informing them of its intention to go public in the US with a listing that could be worth nearly $90 billion.
2023-11-29 21:19
German Inflation Sinks More Than Expected as Energy Retreats
German Inflation Sinks More Than Expected as Energy Retreats
German inflation eased more than forecast in November on retreating energy and travel costs, putting the European Central
2023-11-29 21:15
Taskmaster VR in development as Channel 4 show gets video game twist
Taskmaster VR in development as Channel 4 show gets video game twist
'Taskmaster' is expanding beyond Channel 4 with a new virtual reality game turning fans into contestants.
2023-11-29 20:25
State Street adds option to fully back corporate boards
State Street adds option to fully back corporate boards
By Ross Kerber BOSTON State Street's asset-management arm will give retail investors an option to fully back corporate
2023-11-29 19:28
Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
Sri Lanka struck an in-principle deal with a committee of official creditors, including India and the Paris Club,
2023-11-29 19:15
David Cameron wants post-Brexit Gibraltar deal with Spain ‘as soon as possible’
David Cameron wants post-Brexit Gibraltar deal with Spain ‘as soon as possible’
The UK and Spain are close to agreeing a deal on the post-Brexit status of Gibraltar, the Spanish foreign minister has indicated. A spokesperson for the Foreign Office said Lord Cameron had underlined the UK’s desire to get “a UK-EU treaty on Gibraltar as soon as possible” during his discussion with counterpart Jose Manuel Albares. Mr Albares first revealed he had been in crunch talks with Rishi Sunak’s new foreign secretary David Cameron on resolving the long-running row over trade and immigration arrangements. He told Spanish media that he had spoken with Lord Cameron over the phone on Monday, and they had also agreed to meet in person during a Brussels summit on Tuesday. The Spanish minister suggested the outline of a deal was now in place for a “zone of shared prosperity” in the Spanish area next to the British territory to avoid a hard border on the flow of people and goods. “I would sign a deal with Britain over Gibraltar tomorrow,” Mr Albares told the television channel Telecinco – saying both sides “agree that we have to move forward as soon as possible”. A UK-EU deal on arrangements for Gibraltar’s border – primarily on trade and free movement – was not struck in time for the Brexit deal worked out by Boris Johnson’s government. Conservative ministers have been nervous about signing any bilateral deal that could be viewed as reducing British influence over the territory. The Spanish foreign ministry has said the deal would allow Spain to use the Schengen agreement – which allows for the free movement of EU citizens around the bloc – to ease controls on the movement of people. Spain, the UK and the EU have previously agreed to the principle that Gibraltar should remain part of EU agreements on free movement. Mr Albares suggested the UK was also now keen on a frictionless border when it comes to the movement of goods – something akin to the thorny arrangements for Northern Ireland His ministry said a “zone of shared prosperity” deal would see limited checks “without increasing the risks for the EU internal market” – meaning the UK would have to agree to alignment on Brussels regulations. The Spanish foreign minister told reporters in Brussels: “I think this deal … is better for everyone than the application of European legislation after British citizens democratically decided to leave the European Union.” “There’s already been political will on the part of the Spanish government for many months,” Mr Albares said on the “generous and balanced deal on the table”. He added: “What’s needed now is that political will on the part of the United Kingdom to move forward decisively, which is what I’ve seen so far. But we won’t know until the end. Nothing will be agreed until it’s all agreed.” Despite optimism that a deal is now close, there was no word from Lord Cameron’s team on the prospects of an agreement being signed within days. Britain’s decision to leave the EU was very unpopular in the British overseas territory, where thousands of people cross the border with Spain every day for work. Just over 95 per cent of the territory’s population voted to stay in the EU in the 2016 referendum. The territory’s business leaders have been keen for a deal to be struck. Brian Reyes, editor of the Gibraltar Chronicle wrote: “Seven years on [from the Brexit referendum], the Brexit levanter still hangs over our heads.” Meanwhile, Lord Cameron is expected to try to meet EU Commission vice-president Maros Sefcovic during his Brussels summit visit – his first trip to the EU capital since his fateful Brexit referendum. The foreign secretary is reportedly ready to raise the issue of post-Brexit tariffs set to be imposed on the automobile industry into force in January if he meets Mr Sefcovic this week. Mr Sunak’s government is pushing the EU Commission to agree to delay the costly new “rules of origin” set to damage the electric vehicle (EV) market due to come in at the start of 2024 as part of Mr Johnson’s trade deal. The Independent has contacted Lord Cameron’s team and the Foreign Commonwealth and Development Office (FCDO) for comment. Read More ‘History and justice’ on side of Greek claim to Elgin Marbles, says minister Brexit red tape risks extending inflation crisis, retailers warn ‘Terrible legacy’ left by death of Bloody Sunday Parachute Regiment commander Hamas to release more hostages as thousands set for Gaza ceasefire march Lord Cameron says UK needs to engage with China Israeli safety depends on long-term Palestinian ‘security’, warns Cameron
2023-11-29 18:59
OECD Warns Global Economy Risks Losing Momentum 
OECD Warns Global Economy Risks Losing Momentum 
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:22
Rising Taxes to Squeeze UK Living Standards for Longer, OECD Says
Rising Taxes to Squeeze UK Living Standards for Longer, OECD Says
Rising taxes mean UK households face several more years of falling living standards even though inflation is coming
2023-11-29 18:20
Foreign Buying at Four-Year High Helps Fuel Pakistan Stock Rally
Foreign Buying at Four-Year High Helps Fuel Pakistan Stock Rally
Pakistan’s red-hot stock rally is getting a fresh leg up from a return of foreign investors amid signs
2023-11-29 16:56
Thailand Keeps Key Rate Steady at a Decade High as Growth Ebbs
Thailand Keeps Key Rate Steady at a Decade High as Growth Ebbs
Thailand kept its benchmark interest rate unchanged for the first time in 17 months as policymakers assess the
2023-11-29 15:17
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