- 2020-01-21 17:20:49Z
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. BAE Systems Plc Chairman Roger Carr, who campaigned to keep Britain in the European Union before the Brexit referendum, said he is optimistic the U.K. will secure trade deals with both the U.S. and EU once it quits the bloc.Speaking at the World Economic Forum in Davos, Switzerland, Carr said President Donald Trump's positive comments about an accord with Britain augur well, and that the U.K. needs to consider its trading relations on a broader front given its changing relationship with Europe."They've certainly got the backing of their president in leaning forward into the...
- World/Latin America
- 2020-01-21 13:11:53Z
(Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Austria's new finance minister dismissed a proposal by his German counterpart on how to tax financial trades in the European Union, throwing the years-long effort into disarray."We want a common, broad financial transaction tax. We're ready to talk, but the current proposal is the opposite of what was originally intended," Austria's Gernot Bluemel told journalists on his way into a meeting of EU finance ministers in Brussels. Without a new a approach, the country will leave the group of 10 still working on the plan, he said.Germany's Olaf Scholz tabled a "final proposal" for...
- 2020-01-20 20:52:55Z
US President Donald Trump will meet his Iraqi counterpart and the head of the European Union executive body during his visit to Davos in Switzerland this week, the White House said Monday. The meeting with President Barham Saleh will be the first between Trump and Iraqi officials since tensions erupted over the US killing of a top Iranian general and a senior pro-Iranian Iraqi commander in Baghdad. After calls in Iraq for the expulsion of thousands of US troops stationed there, Trump responded by threatening sanctions aimed at wrecking the country's economy.
- 2020-01-20 12:22:53Z
The European Union wants to agree a deal with China this year to protect foreign investment and increase investment market access, but it will not meet Beijing halfway, EU trade chief Phil Hogan said on Monday. Hogan told a conference held by business lobby group BusinessEurope that the EU wanted to see "concrete progress" from China on opening up its markets.
- 2020-01-19 15:49:00Z
Police detained 185 protesters in central Brussels on Saturday after the environmental protest group Extinction Rebellion staged demonstrations at The Brussels Motor Show in protest at the auto industry's role in CO2 emissions that cause climate change. The protest came only days after the European Commission unveiled ideas on how to finance its flagship Green Deal project that aims to make the European Union a CO2 emissions-neutral area by 2050, in part through the transformation of the car industry.
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