Middle-east Arab News Opinion | Asharq Al-awsat

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US Secretary of the Treasury, Jack Lew (L) meets Minister of Finance of Argentina, Alfonso Prat-Gay (R) in Buenos Aires, Argentina, 26 September 2016.

Financial System Complacency Worries U.S. Treasury’s Lew

by Asharq Al-Awsat English | Oct 31, 2016 | World

U.S. Treasury Secretary Jack Lew cautioned on Monday against a false sense of complacency in the financial system just because it weathered the initial shock of Britain’s vote to leave the European Union. “I’m very proud of the work that we’ve...

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Heathrow Airport. Reuters

Heathrow Airport Expansion: May’s No.2 Challenge Next to Brexit

by Abdullatif Jaber | Oct 26, 2016 | World

London-Britain’s Prime Minister Theresa May has been once again cornered into a sticky situation, other than the Brexit dilemma, her government has to make a final and decisive decision on a highly controversial topic that is the Heathrow airport expansion. Heathrow,...

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British Prime Minister Theresa May. Reuters

Intra-British Talks Start to Discuss Brexit

by Asharq Al-Awsat | Oct 24, 2016 | World

London – Prime Minister Theresa May is set to meet on Monday her counterparts from Scotland, Wales and Northern Ireland for the first time in nearly two years to deliberate over the road towards Brexit, Downing Street officials said Sunday. The bone of...

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Shoppers on Oxford Street in London. Highlighting surveys showing that consumer confidence had eroded, Barclays forecast that the British economy would be pushed into a recession imminently. Credit Andrew Testa for The New York Times

Brexit Blurs the European Investment Outlook

by Conrad de Aenlle | Oct 22, 2016 | Business

New York-When the British voted in a referendum to leave the European Union, it clouded the political outlook across the region, and that made the economic and investment outlook far murkier, too. It’s still too early to tell, even three months after the vote, how...

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Bank of England Governor Mark Carney. Reuters

UK Inflation at Highest Level in 2 Years

by Lamia Nabil | Oct 19, 2016 | Business

Cairo- The Office for National Statistics (ONS) announced on Tuesday that inflation in Britain has hit its highest level in nearly two years. The announcement comes while the United Kingdom prepares for Brexit. Meanwhile, the tumbling of British Pound is spreading...