A shift in attention to geopolitical events this year could undermine the sustainability of the global upswing, warned Basel-based Bank of International Standards. The organization commonly known as the central bank of central banks said financial markets were confronted by a changing political environment as the economic background brightened. “Political events surprised market participants, who […]
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THERE are few things that airlines will not now put a price on. Even so, Etihad Airways has come up with an intriguing idea. The Adu Dhabi-based carrier is offering flyers the chance to bid to keep adjacent seats on a flight empty. Passengers can suggest the price they are willing to pay to block […]
Read moreGerman Chancellor Angela Merkel’s conservatives widened their lead over the Social Democrats (SPD) to 15 points in a weekly opinion poll by the Emnid institute published on Sunday, three months before the Sept. 24 election. The Christian Democrats (CDU) and its CSU Bavarian sister party were steady at 39 percentage points in the Emnid poll […]
Read moreBritain’s Brexit minister David Davis said on Sunday he was “pretty sure” he could negotiate a good deal to leave the European Union, something that would require a transitional arrangement for around one or two years. Asked whether he was sure there would be a Brexit deal, Davis told the BBC’s Andrew Marr Show: “I […]
Read moreCurrency, United States Finance
Brexit commission needed to draw poison from debate, says Archbishop
The Archbishop of Canterbury, Justin Welby, called on Prime Minister Theresa May on Sunday to set up a cross-party commission to “draw much of the poison” from the debate over Britain’s decision to exit the European Union. In an article written for the Mail on Sunday newspaper, Welby, spiritual leader of the Anglican Communion of […]
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