Today, the British Department for Exiting the European Union announced a new project of creating a temporary customs union with the EU during the transitional period after Brexit. The document also contains two options for long-term trade agreements, which will enter into force after the transition period is over. On the eve of the next round of negotiations on the withdrawal of the UK from the...

In August, the largest, most expensive and most generous yachts in the world usually gather on the Cote d'Azur, a place for rich and famous. However, Quai des Milliardaires is unusually quiet this summer, say local residents. They said that overregulation, taxes and high fuel charges prompted the rich to choose Spain or Italy. Three local politicians wrote an open letter to French President...

President of the Federal Reserve Bank of New York, William Dudley, voiced a positive outlook for the US economy, the US labor market and consumer price dynamics. He believes that the least protected sections of the country's population can count on support. "According to our forecast, we expect a continued moderate economic growth, further improvement in the labor market situation and inflation...

Regardless of the election outcome, currency traders will have to act more decisively after the elections in Norway. The next government will have less opportunity to rely on the sovereign wealth fund of $ 980 billion, which is the largest in the world, to support the economy after tightening fiscal rules. According to the rule, expenditures should be limited to 3% of the fund. When the Krone...

Nicholas Maduro is trying to convince foreign companies in need to continue working with the company, which he himself called "our favorite PDVSA," Bloomberg writes. This is the state-owned oil company Petroleos de Venezuela SA, which is struggling to cover its debts and reverse the decline in production, which reached a minimum of 14 years in June. But, according to Maduro, there is nothing to...

The Saudi authorities are going to develop beach tourism in order to compete with the country's neighbors, Egypt and the UAE. Currently, the kingdom is popular mainly among pilgrims since the country hosts main Muslim shrines - Mecca and Medina. The development of tourism is a vital necessity For Saudi Arabia, since the revenues from oil exports are declining. The Saudi authorities want to...

Batches of chemical-contaminated chicken eggs have been found in two food factories in France. Britain is urgently investigating distribution of these products. The scandal with Fipronil-infected chicken eggs has already affected France and Britain. Following the example of Germany, the Netherlands, Belgium, Sweden and Switzerland, the countries can begin to seize this product from stores. This...

Globalization and new opportunities for travel resulted in the fact that number of tourists traveling to foreign countries is growing every year. Accordingly, incomes of the most popular touristic countries are also growing. Some are more popular than others, but not all countries are equally dependent on tourist flows. Countries with the largest GDP in the tourism industry include the...

The Minister of the Interior Gérard Collomb told Journal de Dimanche about how the country's leadership intends to respond to external threats. Gérard Collomb’s interview turned out to be a response to a recent speech of French President Emmanuel Macron, who set his administration's goal: "No immigrants on the streets." This desire is not easy to implement, although Mr. Collomb announced 3.5...