Articles worth reading
Image : M1 Pacific Motorway crash: B-double collides with mobile crane near Brooklyn

M1 Pacific Motorway crash: B-double collides with mobile crane near Brooklyn

person Orange Themes access_time Jan 31,2017

M1 Pacific Motorway crash: B-double collides with mobile crane near Brooklyn COMMUTERS beware. The carnage on the M1 Pacific Highway will effect afternoon and evening peak hour traffic. Emergency crews are frantically trying to remove the carnage

Image : Kendrick Lamar Announces 'The Damn. Tour'

Kendrick Lamar Announces 'The Damn. Tour'

person Orange Themes access_time Apr 25,2017

Kendrick Lamar Damn Tour Kendrick Lamar Announces 'The Damn. Tour' The Damn. Tour spans 17 dates, kicking off July 12th in Phoenix, Arizona and concluding August 6th with a hometown gig at Los Angeles' Staples Center. For the trek, Lamar will bring

Image : Pink Pussy Hats Unite Millions at Women's Marches Around the World

Pink Pussy Hats Unite Millions at Women's Marches Around the World

person Orange Themes access_time Jan 22,2017

Pink Pussy Hats Unite Millions at Women's Marches Around the World Thanks to the Pussy Hat Project, which launched in November to encourage knitters to make pink cat-eared hats, protesters around the world — from Washington, D.C., where more than

Latest blog articles

British economy resists Brexit... for now

access_time Oct 27,2016 chat_bubble_outline 62 views
British economy resists Brexit... for now

London (AFP) - Britain's economy grew by a better-than-expected 0.5 percent in the three months following the country's vote in favour of exiting the European Union, official data showed Thursday.

Gross domestic product expanded in the third quarter of the year, although slightly weaker compared with growth of 0.7 percent in the three months to the end of June, when Britain voted in a referendum for Brexit.

However, analysts' consensus forecast had been for GDP growth of only 0.3 percent in the third quarter, or three months to the end of September.

The Office for National Statistics added in a statement that output grew by 2.3 percent in the third quarter compared with one year earlier.

"The pattern of growth continues to be broadly unaffected following the EU referendum with a strong performance in the services industries offsetting falls in other industrial groups," the ONS said.

Sterling, which has plunged to multi-year lows against the dollar and euro since the Brexit outcome, experienced a brief rally on the latest data.

"The doomsday scenarios predicted about the impact of a Brexit vote on the UK economy seem wide off the mark, given this better-than-expected reading," said Jake Trask, currency analyst at UKForex.

"That said, the UK economy still faces myriad obstacles in the coming months as we head towards the triggering of Article 50 in the New Year."

Prime Minister Theresa May intends to trigger Article 50, which sets a two-year clock ticking on Britain's departure from the EU, between the New Year and the end of March.

May on Monday denied that Britain was heading for a "hard Brexit" and insisted her hopes for immigration control were not incompatible with a good trade deal with the EU.

EU leaders have insisted that access to Europe's single market is dependent on the freedom of movement, something that May has promised to end after the issue of immigration dominated the EU referendum debate.

Businesses are pressing for continued access to the single market of 500 million people, warning that leaving it would result in the imposition of debilitating tariffs.

"GDP growth held up well at 0.5 percent quarter-on-quarter in the third quarter," noted Howard Archer, chief UK economist at IHS Markit.

"While down from 0.7 percent quarter-on-quarter growth in the second quarter, this can still be considered a highly resilient, solid performance in the aftermath of June's Brexit vote."

But he added that the economy was expected "to suffer in 2017 as the uncertainties facing businesses and consumers are magnified by the triggering of Article 50".

World - Yahoo News
Cambodian opposition chief found guilty over Facebook claim

PHNOM PENH, Cambodia (AP) — A Cambodian court has found the country's exiled opposition leader guilty of defamation for alleging that a senior government official sought to inflate Prime Minister Hun Sen's online popularity by buying "likes" for his Facebook page.The Phnom Penh Municipal Court on Tuesday found Sam Rainsy, president of the Cambodia National Rescue Party, guilty and ordered him to pay a fine of 10 million riel ($2,500) in addition to 15 million riel ($3,750) in compensation to… chat_bubble_outline Read More...

Damilola, Our Loved Boy review – it's unbearable, knowing where this is going

Read on the original site chat_bubble_outline Read More...

TTC commuters face early morning subway delays with nightmare closures

Read on the original site chat_bubble_outline Read More...

Spain's top court cancels bullfighting ban in Catalonia

Madrid (AFP) - Spain's Constitutional Court on Thursday cancelled a ban on bullfighting in the northeastern region of Catalonia, in what is likely to exacerbate tensions between animal activists and supporters of the centuries-old tradition.In a statement, the court argued that bullfighting was classified as part of Spain's heritage, and therefore a decision whether to ban it pertained to the central government and not to semi-autonomous regions like Catalonia. World - Yahoo News chat_bubble_outline Read More...

Fleeing from Dante's hell on Mount Etna

Read on the original site chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...

Trends in Singapore

Trends in Indonesia

Trends in Philippin