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Hard Brexit: Northern Ireland may need thousands of generator barges to keep the lights on

It turns out leaving the EU is quite hard. Who knew?




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Could big companies help boost 'flexitarianism'?

From blending beef with mushrooms, to boosting plant-based menu items, companies are doing a lot to cut back on meat.




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Brexit shakes up global chemical industry

An aspect of Brexit that rarely makes the news scares the chemicals industry most.




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Nexity conjoncture logement - 9m 2014: Un marché fragile soutenu par les ventes en bloc - NEXITY CONJONCTURE LOGEMENT - DATA MARCHE ET CHIFFRES NEXITY

NEXITY CONJONCTURE LOGEMENT - DATA MARCHE ET CHIFFRES NEXITY




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Cérémonie de remise du Prix Happy City : AG2R LA MONDIALE, Nexity, Sodexo et SUEZ environnement récompensent les meilleures initiatives en faveur du bien-être citoyen - Interview Jean Jouzel, Président du jury

Interview Jean Jouzel, Président du jury





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Warren Buffett's exit from airline stocks is a wake-up call for index investors, Jim Cramer says

"I recommend selling" some position in the S&P 500 index fund "if the [upward] streak continues," the "Mad Money" host said.




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BlackRock's Fink: When we exit this crisis, the world will be different

CNBC's Sara Eisen reports breaking news on BlackRock Chairman Larry Fink's annual letter.




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Expect lockdown exit to be a long-drawn process, strategist says

Eli Lee from Bank of Singapore says that investors must realize that the speed of coming out of coronavirus lockdowns will be nowhere near the pace at which we entered it.




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Ireland says Brexit trade talks timeline 'virtually impossible'

The coronavirus pandemic has made an already difficult timeline for a British-European Union trade deal "virtually impossible", Ireland's foreign minister said, cautioning that he did wish to raise expectations of London seeking more time.




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Sterling could rise on continued Brexit negotiations: Strategist

Sim Moh Siong, FX strategist at the Bank of Singapore, says there is "scope for more upside" for sterling if Brexit negotiations roll on past the March deadline.




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UK general election more likely than second Brexit referendum: Professor

Cedomir Nestorovic, professor of geopolitics at ESSEC Business School, predicts that U.K. Prime Minister Theresa May's second Brexit deal will likely be rejected Monday, creating further scope for a near-term general election.




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Brexit delay puts Bank of England in a really tight spot, expert says

Hetal Mehta, senior European economist at Legal & General Investment Management, discusses the impact of Brexit on U.K. policymakers.




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Brexit: Simon Coveney says trade talks progress not good

The Irish deputy PM says time is short to reach a trade deal this year, with much still to do.




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Met Police end probe into pro-Brexit campaigners

Leave campaigners were accused by the Electoral Commission of breaking the law over spending limits.




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Paraguay's pride and pain after early exit




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Coronavirus Outbreak: PIL filed asking government to make plan to exit lockdown

A PIL has been filed in Bombay High Court asking the government to make a strategy for exiting the lockdown. It further asks the government to make plans for the protection of health care workers, police officials, and others providing essential services. The PIL also demands the deployment of the army in sensitive areas.

The petitioner Dr Syed Ejaz Abbas Naqvi said, "There is growing negativity in the minds of the citizens of Maharashtra amidst the current lockdown and the possibility of its extension. Some violators are roaming freely hence, the intervention of the army and para-military is required."

The advocate of the petitioner Vishal Satyaprakash Saxena said that the PIL is filed asking the government of Maharashtra to formulate and disclose the strategy to exit the lockdown and to formulate guidelines for the well-being of the citizens of Maharashtra. The court will hear the manner on May 13.

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Spell out an exit strategy: Congress to PM

The Congress on Tuesday asked Prime Minister Narendra Modi to spell out a clear exit strategy for Coronavirus lockdown after May 3, saying the nation is waiting for it. Congress chief spokesperson, Randeep Surjewala said the prime minister is expected to lead the nation in crisis like these.

"We once again appeal to the PM to come out with a clear exit strategy for the lockdown, to state the roadmap for economic revival and to deal with the health pandemic post May 3, as also restrict the lockdown only to hotspot zones," he told the media at a press conference through video-conferencing. He said the chief ministers requested the PM to tell the nation what is the exit strategy from the lockdown.

"What is the government's strategy on the health front and the economic front in terms of post lockdown period? What is the roadmap for the future course after May 3? How is the PM going to come out with financial action plan 2 as Sonia Gandhi has demanded and so have many experts, be it for starvation, migrant labourers, or be it for kickstarting the economy or the small and medium enterprises?" the Congress leader said.

The appeal comes a day after Modi met chief ministers of various states through video-conferencing and sought their views, while also spelling out the government's strategy on tackling COVID-19. Most of the chief ministers have demanded extension of the lockdown and urged PM to take a call on the exit strategy, while asking him to have a cautious approach in opening it.

States navigate through Corona crisis

Relaxations in Delhi: The Delhi government has allowed from Tuesday some relaxations in the ongoing lockdown and has approved services of electricians, plumbers and sale of educational books even as it has said no other relief will be given till May 3. In an order issued late on Monday night, the government also allowed the movement of inter-, intra-state and air travel of all healthcare workers and scientists.

More cases in TN: Two city police personnel and a flower vendor at the Koyambedu market on Tuesday tested positive for Coronavirus, officials said. Authorities have taken up disinfection work and testing of those associated with the trio who become the latest COVID-19 patients, taking the total in Tamil Nadu to 1,940, they said. Pay cut stalled: The Kerala high court on Tuesday stayed for two months the operationalisation of the state government order to deduct the salary of government employees for fighting the COVID-19 pandemic in the state.

Justice Bechu Kurian Thomas issued the interim order considering a batch of petitions filed by a section of employees and their organisations challenging the government decision. Bengal's bus drivers seek help: A bus operators' association in West Bengal on Tuesday wrote to Prime Minister Narendra Modi seeking a financial package for the passenger transport sector, which has taken a severe hit amid the Coronavirus-triggered lockdown.

'Contactless dining' free for restaurants

Zomato CEO, Deepinder Goyal on Tuesday said that the company has made its 'contactless dining free for all restaurants across India and other global destinations for a period of at least six months. Restaurants in India, the UAE, Australia, New Zealand, Turkey, Portugal, Philippines, Indonesia, and Lebanon will have to only bear the payment gateway fee and Zomato won't charge any fee from them.

Don't buy veggies from Muslims: MLA in video

Bharatiya Janata Party MLA from Barhaj constituency in Deoria district, Suresh Tewari, was on Tuesday seen in a video clip, telling people not to buy vegetables from Muslim vendors. The clip has now been widely shared on social media, triggering a controversy. "I am saying openly don't purchase vegetables from Muslims (ek cheez dhayan mein rakhiyega, main bol raha hoon openly, koi bhi miyan ke hathon sabzi nahi lega)," the MLA can be heard saying in the clip.

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Meghan Markle makes first appearance on Good Morning America since royal exit

The Duchess of Sussex Meghan Markle made her first TV appearance on Monday since stepping down as a senior member of the British Royal family alongside her husband Prince Harry. According to Us Weekly, Markle's appearance on 'Good Morning America' was pre-recorded. The clip was to promote 'Elephant' the Disneynature documentary the 38-year-old narrated for the Disney+ streaming service.

The 'Suits' actor said in the interview which was recorded in the summer of 2019, "I'm really grateful to have the opportunity of bringing the story of elephants to life."

"I've been very lucky to be able to have hands-on experience with elephants in their natural habitat. When you spend time connecting with them and the other wildlife, you really understand we have a role to play in their preservation and safety," she continued.

"I hope that when people see this film they realise how connected we all are, and if we had more of an awareness about the obstacles we're facing, I think we'd take care of each other, this planet and animals in a very different way," shared the Duchess of Sussex.

The 35-year-old couple Markle and Harry initially moved to Vancouver Island in Canada with their 11-month-old son Archie before relocating to her native Los Angeles.

The couple, back in January, announced they will take 'a step back' as senior members of the royal family and instead work independently, splitting their time between the United Kingdom and North America.

The Duke and the Duchess of Sussex said their decision came "after many months of reflection and internal discussions."

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EU unveils virus exit plan, asks its nations to move cautiously

The European Union on Wednesday moved to head off a chaotic and potentially disastrous easing of restrictions that are limiting the spread of the Coronavirus, warning its 27 nations to move very cautiously as they return to normal life and base their actions on scientific advice.

With Austria, the Czech Republic and Denmark already lifting some lockdown measures, the EU's executive arm, the European Commission (EC), rushed out its roadmap for members of the world's biggest trade bloc to coordinate an exit from the lockdowns, which they expect should take at least a few months and involve large-scale testing.


Denmark begins to gradually relax its lockdown measures, allowing preschool to fifth grade return to school on Wednesday. Pic/AFP

According to a tally compiled by AFP, more than one million cases of the Coronavirus have been detected in Europe, just over half the global total. With at least 1,003,284 cases, including 84,465 deaths, Europe is the worst hit continent.

The EC did not spell out exactly how EU countries should make the transition, but warned that lifting restrictions will "unavoidably lead to a corresponding increase in new cases," the commission said that this should only start when the spread of the disease has dropped significantly and for some time, and when hospitals can cope with more patients.

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Tax-News.com: New Irish PM Looking For Brexit Solutions

Irish Prime Minister Leo Varadkar has suggested that there could be an EU-UK customs union after Brexit.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: Ireland Implements New Exit Tax Regime

Ireland's 2018 Finance Bill legislates for a new exit tax regime compliant with the EU's Anti-Tax Avoidance Directive.




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Tax-News.com: Belgian Cabinet Approves Brexit Tax Law

Belgium's Council of Ministers has approved a draft law that would temporarily treat the United Kingdom as a member of the European Union for Belgian tax purposes should the UK leave the EU having failed to agree any withdrawal arrangements.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019.




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Tax-News.com: UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum

The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21.




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Tax-News.com: UK Gov't To Pursue Brexit, Digital Services Tax After Election Win

The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019.




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Tax-News.com: Brexit Withdrawal Agreement Put To UK Lawmakers

An agreement has been reached between the European Union and the United Kingdom on Brexit, which, if approved by UK lawmakers, would establish a transition period, until the end of 2020, during which EU law would continue to apply to the UK.




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Tax-News.com: UK Lists Instructions For Traders On Brexit

HM Revenue and Customs has written to VAT-registered businesses that trade with the EU, advising them on how to prepare for changes to customs, excise, and VAT in the event of a no-deal Brexit.




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Tax-News.com: Ireland Updates Guidance On EU Exit Tax On IP Flight

The Irish Revenue has updated its guidance on Irish exit tax legislation to reflect changes introduced by Finance Act 2019.




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Tax-News.com: Turkey Tops New Tax Complexity Index

Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group.




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Tax-News.com: Brexit Negotiations To Begin This Month

The European Council has authorized the opening of negotiations for a new partnership with the UK, and mandated the Commission to act as the EU's negotiator.




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Medical Students in India Will Have to Clear National Exit Test (NEXT) to Practice Outside the Country

Indian MBBS students will have to write National Exit Test (NEXT) before being eligible to practice anywhere in the country, says Ministry official. The




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Removal of Exclusively listed companies of De-recognized/Non-operational/Exited Stock Exchanges placed in the Dissemination Board (DB).




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Bank Business Models and the Basel System: Complexity and Interconnectedness

The main hallmarks of the global financial crisis were too-big-to-fail institutions taking on too much risk with other people’s money: excess leverage and default pressure resulting from contagion and counterparty risk. This paper looks at whether the Basel III reforms address these issues effectively and proposes improvements to the current reform proposals.




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Spillover effects from exiting highly expansionary monetary policies

The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin.




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OECD study finds Britons will be paying a heavy “Brexit tax” for many years if UK leaves EU

A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to £ 2200 per household. The OECD states that such costs are already piling up in a new study released today.




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To Brexit or not to Brexit: A Taxing Decision

Leaving Europe would impose a "Brexit tax" on generations to come. Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit, said OECD Secretary-General in London.




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Coping with creative destruction: reducing the costs of firm exit

A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement?




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Coping with Creative Destruction: Reducing the Costs of Firm Exit

What happens to workers who lose their jobs due to firm exit – how quickly are they re-employed and what are the policies that can aid this process?




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United Kingdom: Maintain close ties with EU to meet challenges of Brexit

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.




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Mitigating the negative economic impact of Brexit

Ahead of the referendum on Brexit, the OECD was anticipating a significant decrease in economic growth if the decision to leave the EU were taken (Kierzenkowski et al., 2016). As the UK economy has started to slow down, OECD projections remain remarkably valid so far.




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Ireland recovering strongly but weak productivity and Brexit cloud outlook

The Irish economy is recovering robustly. Business investment by local firms has picked up, household consumption is reviving while the boost to jobs and a rapidly declining unemployment rate have led to strong wage growth in a number of sectors, says a new OECD report.




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Brexit and Dutch Exports: Fewer glasshouses, more glass towers as agri-food shrinks and finance gains

The Netherlands is likely to be one of the European countries that is going to be significantly affected by the United Kingdom’s planned departure from the European Union (Brexit).




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Brexit and the declining value of Britishness

‘Young Britons risk being excluded from Erasmus — and won’t have the luxury of taking migration for granted’




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Wanted: British export and innovation expertise post-Brexit

The UK needs new ideas and skills for expanding sales worldwide




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UK proves to be ‘unicorn’ haven despite Brexit fears

London remains pre-eminent European tech hub, but Paris, Berlin and others are also growing




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UKFast founders exit as private equity firm takes control

Inflexion has become majority shareholder following sexual assault allegations against former CEO




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Sanders exits just as big government returns 

A key legacy of the self-described socialist has been to shift the Democratic party to the left