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Brexit costs UK £100b a year in lost output

  Bloomberg Brexit is costing the UK economy £100 billion a year ($124 billion), with the effects spanning everything from business investment to the ability of companies to hire workers. An analysis by Bloomberg Economics three years after Britain left the European Union paints a bleak picture of the damage done by the way the split has been implemented by ...

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France hit by new strikes as pension reform opposition grows

Bloomberg French labor unions are leading a second day of mass strikes and protests on Tuesday against raising the retirement age in a test of the momentum driving defiance to Emmanuel Macron’s signature economic reform. The country’s rail operator, SNCF, expects only one-third of high-speed TGVs to run and urged people to work from home. Subway and commuter trains serving ...

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US, South Korea to bolster military drills that anger Kim

Bloomberg The US and South Korea are planning to step up the scale of their joint military exercises, a move that has in the past prompted threats and weapons tests by North Korea. US Defense Secretary Lloyd Austin and South Korean counterpart Lee Jong-sup agreed in talks Tuesday in Seoul to “further expand and bolster the level and scale of ...

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