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UK GDP: Economy Avoids Recession Despite Weak Growth
Monday, November 11, 2019 - 11:05am | 552The United Kingdom's economy is growing at its slowest annual rate in almost a decade. The U.K.'s year-over-year growth in the three month period ended in September slowed from 1.3% to to 1%, the Office for National Statistics said. The economy avoided a recession by growing...
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As Draghi Exits ECB, More Signs Of Struggle In German Economy
Thursday, October 24, 2019 - 12:25pm | 612Italian economist and former Goldman Sachs Group Inc (NYSE: GS) banker turned European Central Bank President Mario Draghi held his last press conference Thursday as he prepares to leave the position Oct. 31 after eight tumultuous years at the ECB. European leaders have nominated...
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UK PM Johnson Battles To Push Brexit Deal Through
Monday, October 21, 2019 - 10:05am | 639U.K. Prime Minister Boris Johnson is urging MPs to “get Brexit done.” Over the weekend, Johnson tried to win approval for his withdrawal agreement. MPs declined to vote the deal through on Saturday. The official deadline to Brexit remains Oct. 31. despite an extension request. “We...
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Brexit Update: Germany's Merkel Informs British PM Johnson Deal 'Overwhelmingly Unlikely'
Tuesday, October 8, 2019 - 12:02pm | 686A No. 10 Downing Street source has said a Brexit deal is "essentially impossible" in the wake of a call between U.K. Prime Minister Boris Johnson and German Chancellor Angela Merkel, according to a Tuesday BBC report. Johnson and Merkel spoke earlier about the proposals the British...