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France threatens UK on financial services in fisheries dispute

Bloomberg France’s junior minister for European affairs threatened the UK on financial services if Britain failed to grant licenses to French fishermen. Clement Beane said France would retaliate in sectors like banking in the European Union to which the UK wants access, according to an interview published on Sunday in the Journal du Dimanche. French fishermen are still owed 40 ...

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World’s powerful economies bet vaccine passports can save tourism

Bloomberg The world’s most powerful economies agreed to back plans for so-called vaccine passports in a bid to pull the travel and tourism industry out of a pandemic-fuelled slump. Tourism ministers from the Group of 20 threw their weight behind the new certificates, stressing that a resumption of normal activity for the sector is crucial to global economic recovery, according ...

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Toronto home prices see sharpest drop

Bloomberg Toronto’s housing market last month posted the sharpest drop since the early weeks of the Covid-19 crisis, as buyers and sellers took a breather from a frenetic pace amid surging infections and renewed lockdown measures. The number of properties changing hands in Canada’s largest city declined 20% in April on an annualized basis from the month before, while the ...

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