Author Archives: PAN PYLAS

Theresa May is latest Conservative leader swamped by Europe

Theresa May is set to join the ranks of Conservative prime ministers whose time in office has been overwhelmed — and cut short — by the issue of Europe. Continue reading

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Bank of England warns of intensified Brexit uncertainties

The Bank of England warned Thursday that uncertainties related to Brexit have “intensified considerably” since early November and are increasingly weighing on the U.K. economy. Continue reading

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Most UK firms to trigger Brexit safety plans ‘by Christmas’

The vast majority of British firms are poised to implement their Brexit contingency plans by Christmas if there isn’t greater clarity over the country’s exit from the European Union, a leading business group warned Sunday. Continue reading

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British love affair with Ryder Cup to persist beyond Brexit

Eu-Rope! Eu-Rope! Continue reading

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Mbappe, not Messi, stars as France beats Argentina 4-3

With Lionel Messi out of the tournament, the World Cup has a new star. Continue reading

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Volgograd provides the proper perspective at World Cup

Nearly 60 years since it changed its name to Volgograd, the Russian city once called Stalingrad and its bloody history loom large even in the midst of the fun and football of the World Cup. Continue reading

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Global tourism predicted to slow after best year ever

The travel and tourism sector is set for a modest slowdown in 2018 as a result of higher oil prices and airfares, a year after it experienced its best year on record, according to a leading global industry body. Continue reading

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Brexit uncertainty to stay Bank of England’s hand

There can rarely have been a more complicated time to set interest rates for the U.K. economy. Continue reading

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Trust in US institutions down dramatically, survey finds

A year on from the inauguration of President Donald Trump, trust in U.S. institutions is down sharply despite a rebounding economy and record highs in the stock market, according to a survey by public relations firm Edelman. Continue reading

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Oxfam highlights sharp inequality as Davos elite gathers

A CEO from one of the world’s top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday. Continue reading

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Catalonia faces 10 percent tourism hit in fourth quarter

The restive Spanish region of Catalonia faces a potential $500 million financial hit in the fourth quarter as business-related travel dips following the attack in Barcelona and the uncertainty generated by the disputed independence referendum. Continue reading

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AP PHOTOS: Memorable Nobel Peace Prize winners of the past

The Nobel Peace Prize is one of the most prestigious honors on the planet, but it’s provoked plenty of debate over the years. Continue reading

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Greece dodges new crisis but austerity remains part of life

Greece avoided another potential brush with bankruptcy after striking a deal with European creditors to tide it over for the rest of the year and gained assurances that its repayment burden will be eased when it finally can stand on its own after nearl… Continue reading

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EU mulls new finance minister among ways to shore up euro

The European Union’s executive arm has come up with a series of ideas it thinks could shore up the euro currency in the coming decade. Continue reading

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New deadline for Greece set after another stalemate

Hopes for a breakthrough in negotiations for cash-strapped Greece were dashed again and another deadline was set. Continue reading

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