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Monday, February 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: EU


What does Brexit mean? With divorce talks looming, Britain still doesn’t have a clue

“Brexit means Brexit,” Theresa May has said. But two months after May took the keys to 10 Downing Street as her predecessor sped away without glancing back, Britain is none …


Britain’s economy is stable – and people are surprised

Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union.


European proposal to ban American lobsters to move forward

An arm of the European Union says there’s enough scientific evidence to move forward with a review of Sweden’s request to declare the American lobster an invasive species.


Brexit chief says U.K. gov’t will not be rushed

The chief of Britain’s new Brexit department said Monday the government will not be rushed as it develops detailed plans for leaving the European Union, as Prime Minister Theresa May …


EU orders Apple to pay up to $14.5 billion in back taxes

Apple has to pay up to $14.5 billion – plus billions more in interest – in back taxes to Ireland after the European Union found Tuesday that the U.S. technology …


Eurozone growth halves in Q2 but inflation inches up in July

Official figures show that economic growth across the 19-country eurozone halved in the second quarter of the year, a development that’s probably more likely due to the fading boost from …


EU slaps record cartel fine of $3.24 billion on truck firms

BRUSSELS – The European Union has slapped its biggest ever cartel fine, worth $3.24 billion and twice the previous record, on several of Europe’s top truck producers for colluding to …


EU takes action against China at WTO over raw materials

GENEVA – The European Union has launched dispute proceedings against China in the World Trade Organization over import duties and other alleged measures involving raw materials. After similar action against …


Brexit minister: Some EU migrants may have to leave UK

Some European Union citizens may not be allowed to stay in Britain after the U.K. leaves the bloc, the U.K. minister in charge of negotiating the divorce has said.


EU widens antitrust probe to include Google ad, shopping biz

BRUSSELS – The European Union has opened a new front in its battle with Google, accusing the technology giant of abusing its dominant position in the online search market to …


Bank of England mulls rate cut to cushion Brexit blow

Britain’s vote to leave the European Union is already taking its toll on the British economy, raising speculation that the Bank of England will on Thursday decide to reduce its …


Theresa May becomes Britain’s new leader as Cameron exits

In a carefully orchestrated political ballet, David Cameron left his job and his home at 10 Downing Street on Wednesday, resigning as prime minister soon afterward at Buckingham Palace. Theresa …


China, EU agree to steel working group amid dumping concerns

EU leaders said Wednesday that they have agreed with China to form a working group to discuss Beijing’s overproduction of steel, an issue they say is linked to whether they …


Incoming British prime minister expected to put ‘Brexit’ in motion soon

When would the new leader of the U.K. execute “Brexit”? And what would be the fate of Larry, the Downing Street cat?


Warnings of British economic downturn piling up

The warnings are piling up – Britain’s decision to leave the European Union appears to be already hitting the economy.


IMF: Brexit fallout will shave eurozone growth in 2016, 2017

Britain’s decision to leave the European Union will trim economic growth this year and next across the 19 countries that share the euro currency.


‘Brexit’ raises fears of global currency wars

The quick rebound in global stocks last week following Britain’s vote to leave the European Union was welcome relief to investors. Many surmised that markets were now looking past the …


UK gov’t won’t offer guarantee to EU citizens

Britain’s immigration minister says he can’t guarantee that European Union citizens who live in the U.K. will be able to stay after the country leaves the bloc.


UK left with power vacuum as UKIP leader latest to step down

The head of the U.K. Independence Party, Nigel Farage, resigned Monday as party leader, the latest British political chief to tumble amid the political turmoil following the country’s vote to …


Britain plans to cut corporation tax to hold onto business

Britain’s Treasury chief plans to cut U.K. corporation tax to less than 15 percent to encourage companies to invest and ease business concerns about the country’s vote to leave the …


Stocks dip in Europe amid thin trading; U.S. closed for holiday

European stock markets slipped Monday, despite gains earlier in Asia, as investors awaited more clarity on Britain’s future outside the European Union and a U.S. holiday kept trading volumes thin.


Charles Krauthammer: Mighty kingdom or Little England?

Give the EU its due. Despite its comical faux-national paraphernalia of flag, anthem and useless parliament, it has championed and advanced a transnational idea that has helped curb the nationalist …


Lew says no sense of financial crisis developing

U.S. Treasury Secretary Jacob Lew says that the decision of British voters to leave the European Union is “an additional headwind” for the U.S. and global economies but “there is …


U.K. appeals for calm as markets drop, EU leaders huddle

British and European leaders appealed for calm on Monday as concern over the U.K.’s exit from the European Union and its deepening political crisis triggered further gyrations in financial markets …


Business promotion and politics par for Trump’s golf tour

Donald Trump moved from hole to hole on his wind-swept Scotland golf course Saturday, not a club in hand but promotion on his mind, extolling North Sea views that are …


2.1 million Britons join online petition urging second vote on leaving EU

More than 2.1 million people joined an online petition by Saturday urging the government to hold a second referendum on Britain’s membership of the European Union.


Britain, EU at odds over timing of divorce talks

The European Union wants a quickie divorce, but Britain wants time to think things over.


Trade, uncertainty biggest worries for Washington companies in wake of Brexit vote

Long-term, the British decision to exit the European Union is most likely to hit Spokane companies that are in the export business, local economists say. But uncertainty in the wake …


Here’s what Britain’s vote to leave the EU tells us about the U.S. presidential election

The Britons who voted to take their country out of the European Union were predominantly white, working class, older and deeply upset about immigration.


U.K. takes historic vote to leave EU

Britain entered uncharted waters Friday after the country voted to leave the European Union, according to a projection by all main U.K. broadcasters.