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German-born MP to lead ‘Leave EU’ push

London / AFP A German-born lawmaker is taking over as head of one of the main campaigns pressing for Britain to leave the European Union, the group announced on Sunday. Gisela Stuart, an MP with the main opposition Labour Party, will take over from 1980s finance minister Nigel Lawson as the chair of Vote Leave. Meanwhile influential London Mayor Boris ...

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‘Brexit’ blues as plunging currency pounds UK vacationers

Bloomberg Rachel Holdsworth has the “Brexit” blues. The 38-year-old London resident is anxious that her already expensive planned holiday to Norway is getting pricier with each passing day. The pound is sinking under the weight of worry that her fellow subjects will vote to quit the EU. “How much I pay will be entirely dependent on the exchange rate,” says ...

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Strong USA, weak world picture challenges Fed

Washington / AFP Federal Reserve policymakers will hold their finger away from the rate-hike trigger when they meet next week, analysts say, but chances are it could move a bit closer. Meeting after the European Central Bank cut interest rates on Thursday in the face of weakening eurozone economic growth and inflation, the Fed is expected to heed caution even ...

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