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Brexit minister signs order to end EU laws in Britain

Brexit Secretary Stephen Barclay has signed an order that will end all European Union (EU) Laws applying in Britain from Oct. 31.The British government made this known in a statement on Sunday. According to the government, Barclay has signed into law legislation to repeal the Act of Parliament which set in

Britons stockpile food, medcine amid fears of no-deal Brexit

Godsgift Onyedinefu The British people on Monday hoarded goods worth 4 billion pounds (or about 4.8 billion dollars) amid fears of a no-Brexit deal. A financial services provider, Premium Credit, said almost one in five respondents to a survey of 1,052 people have begun to increase their stockpiles of food, drinks as

Theresa May resigns: key reactions

Prime Minister Theresa May’s resignation looks likely to make Britain’s looming departure from the EU even more difficult, with some suggesting a hard or “no-deal” Brexit is now almost inevitable. Here are the main reactions to the announcement she will step down as leader of the Conservative Party, and hence also

Theresa May quits amid Brexit chaos

Theresa May has announced her resignation after weeks of deadlock and chaos surrounding several failed attempts to push her European Union Withdrawal Agreement through parliament. On Friday morning, May announced she would step down as Conservative leader on June 7. She will stay on as prime minister of the United Kingdomuntil her

Theresa May expected to quit Friday

Theresa May is expected to announce her resignation as British Prime Minister on Friday, most British newspapers reported on Thursday. May’s resignation will trigger a race among senior ministers to replace her as leader of the Conservative Party, and herald a new approach to the deadlocked Brexit negotiations that have besieged

Brexit: Nigeria to deepen investment ties with Britain, London’s financial market

•To introduce naira-denominated instruments to London’s financial market Chiji9ke Ohuocha Nigeria and Britain aim to deepen insurance sector ties and look into introducing naira-denominated instruments onto London’s financial market, the trade ministry in Abuja said, as Britain makes efforts to expand trade links with partners beyond the EU. Thursday’s ministry statement followed a

UK should ‘cool down, rethink Brexit’ — EU Commission

Britain should use the next few months to "cool down and rethink" its decision to leave the European Union, the socialist candidate to head the next European Commission, Frans Timmermans, said on Wednesday. Last week EU leaders gave Britain an extension of its departure date until Oct. 31, with the possibility

What Brexit means for UK NGOs and foreign aid

Charlotte Bailey From ensuring life-saving programmes are not yanked mid-project to preserving long-term funding for British agencies and EU-UK collaboration on aid policy, the Brexit stakes for the humanitarian sector are sky-high. Brexit throws up a lot of questions for the UK’s role in international relief. Will British NGOs have to

Top 10 IMF blogs in 2018

In 2018, the blogs that caught our readers’ collective eye were about the enduring forces molding the global economy: Brexit, crypto assets, debt, and housing prices, to name a few. T New Year’s eve fireworks in London, England: read our top ten blogs of 2018 (photo: Ben Cawthra/Newscom) As 2018 draws to a