Monday, 10 December, 2018

Hard Brexit 'could cost 14000 jobs' at German auto suppliers

Germany Brexit GETTYAngela Merkel faces a Brexit headache- if she gets back in power
Pablo Mccormick | 13 January, 2018, 03:28

The report models five possible scenarios for leaving the European Union, warning the worst option could result in a "lost decade" for the British economy.

According to an economic forecast he commissioned from Cambridge Econometrics, as many as 87,000 jobs would go in London alone.

"No deal" would hit hard the financial and consulting industries, resulting in the loss of 119,000 jobs.

Samsung found guilty of infringing on 4G technology patents owned by Huawei
The China-based telecom operator Huawei failed to make a deal to sell its new smartphones through the U.S. operator. After 8 months, the Chinese court finally ruled and its decision isn't good at all for Samsung .

"If the government continue to mishandle the negotiations we could be heading for a lost decade of lower growth and lower employment", said Khan.

"The analysis concludes that the harder the Brexit we end up with, the bigger the potential impact on jobs, growth and living standards".

In a statement, Khan accused the government of a "complete lack of preparation" in assessing the impact of Brexit, and urged ministers to change their negotiating position and agree to remain in the single market and customs union.

Dark Souls Remastered Confirmed For Nintendo Switch
Dark Souls Remastered will include the Artorias of the Abyss DLC from the start, as well as an increased resolution and framerate. So far Bandai Namco has only announced the Trilogy Box for Japan and for the PlayStation 4 .

Over 14,000 jobs have been put at risk out of 42,500 odd jobs in the German auto industry over concerns of a Hard Brexit, according to a report filed by consulting firm Deloitte on Thursday.

"I've released these impact assessments because the British people and our businesses have a right to know the likely impact of the various options the Government are considering on their lives and personal finances".

A stand-off between Britain and the European Union over the future access to single market for London's vast financial services industry is shaping up to be one of the key Brexit battlegrounds before Britain is due to leave the bloc in March 2019. "The completion of the first phase of the talks must have given them confidence", he added. Khan was an adamant remainer throughout the Brexit campaign.

Bears hire former OR coach Mark Helfrich to run offense
A large reason why Nagy was hired to be the Bears HC is to groom second-year quarterback Mitchell Trubisky . Helfrich is Nagy's fourth reported coaching hire and the first without ties to Lovie Smith's Bears staff.

German automobile industry could expect a loss of up to 3.8 billion euros (4.6 billion US dollars) in the Brexit year, because of the close interdependence of the suppliers with carmakers in Germany, Britain and other European Union countries, said the report named "hard Brexit and supply chain".

Recommended

  • Kodak stock more than doubles on news of photo-focused cryptocurrency

    Kodak stock more than doubles on news of photo-focused cryptocurrency

    Kodak notes that the KODAKOne platform will include constant web crawling to seek out images that are being used without rights. The former photography giant is launching new blockchain platforms KODAKOne and KODAKCoin , in partnership with WENN Digital .
    Japan protests after Chinese frigate, sub sail near Senkakus

    Japan protests after Chinese frigate, sub sail near Senkakus

    The Chinese side explained the move by saying that its navy was in the area to monitor and follow two vessels belonging to Japan. The Chinese ambassador responded to the protest by reiterating China's stance on the islands, the statement added.
    USA  issues travel warning to 5 Mexican states

    USA issues travel warning to 5 Mexican states

    Afghanistan was placed in Level 4, "Do not travel" category for reasons that included terrorism, civil unrest and armed conflict. Countries have been issuing travel advisories for its citizens time and again, considering the present global scenario.
  • Marriott Draws Chinese Ire By Listing Hong Kong, Taiwan As Countries

    Marriott Draws Chinese Ire By Listing Hong Kong, Taiwan As Countries

    The company's Chinese website was replaced with a similar statement, adding it was only taking reservations over the phone. Marriott apologized profusely, saying it respects and supports the sovereignty and territorial integrity of China .
    Titans RB DeMarco Murray Out vs. Patriots, Derrick Henry to Start Again

    Titans RB DeMarco Murray Out vs. Patriots, Derrick Henry to Start Again

    Wide receiver Brandin Cooks, in his first year with the team, was asked how they keep distractions out of their locker room. In terms of the Vegas line, that's also the biggest upset suffered by the Patriots in a playoff game in the Belichick era.

    Super Mario Odyssey to get free 'Luigi's Balloon World' add-on

    In Find It mode players are tasked with finding another player's balloon, and only have the thirty seconds to do so. Are you excited about new Super Mario Odyssey content? Does "Sunshine" costume pieces hint at anything?
  • Michael Wolff Trump book Fire and Fury sells almost 30000 copies

    Trump's rise has been mirrored by an expanding literary genre that will intensify in 2018, with dozens of new works expected. North Korea has found good material to attack President Donald Trump: Michael Wolff's bombshell new book , Fire and Fury .
    Trump targets surveillance program in tweet; suggests possibility of political spying

    Trump targets surveillance program in tweet; suggests possibility of political spying

    Critics of the program argue that it allows the warrantless collection of U.S. citizens' private information. Sen. " 'House votes on controversial FISA ACT today, '" Trump wrote , citing a Fox News headline.
    Packers won't play in London in 2018

    Packers won't play in London in 2018

    Wembley Stadium has another two games as London stages three consecutive weeks of American football for the first time. The league held one game each year there from 2007 to 2012, then added a second annual game in 2013.
  • President Trump Addresses American Farm Bureau Federation

    President Trump Addresses American Farm Bureau Federation

    The Farm Bureau supported the Trans-Pacific Partnership (TPP), from which Trump withdrew soon after taking office past year . Despite all that, Trump did not give anyone the right to vote-it is enshrined in the U.S.
    Gov. Wolf declares opioid epidemic a public health emergency

    Gov. Wolf declares opioid epidemic a public health emergency

    Alaska, Arizona, Florida, Maryland, Massachusetts, South Carolina and Virginia have previously made similar declarations. Pharmacists will be asked to provide the overdose reversal drug widely, likely for free or at a reduced price.
    Don't Get Nervous — Trump on NAFTA

    Don't Get Nervous — Trump on NAFTA

    Withdrawal from the three-nation deal would take six months and would likely raise tariffs on USA exports headed north and south. The sixth round of NAFTA negotiations are slated to begin January 23 in Montreal.

New Orleans Saints 21, Carolina Panthers 9 New Orleans Saints 21, Carolina Panthers 9 Newton threw for 349 yards, hitting Greg Olsen on a 14-yard touchdown with 12:47 remaining for the Panthers' first touchdown. The New Orleans Saints and Jacksonville Jaguars have advanced to the NFL's divisional round by winning at home on Sunday.

Kim Kardashian Calls Out Publication Who Called Kris Jenner 'Chubby' Kim Kardashian Calls Out Publication Who Called Kris Jenner 'Chubby' In recent weeks, speculation has grown about whether the reality TV star and her boyfriend Travis Scott have split. Kardashian appears to have impressed her 106 million followers with her newly chiselled abs and toned legs.

First Official Venom Film Image Confirms Villain First Official Venom Film Image Confirms Villain Check out the photo below, and click through to get a closer look at the full-sized image. Fleischer confirmed the storylines while at the Brazil Comic-Con back in December.

Myanmar Military Admits to Killing 10 Rohingya Found in Mass Grave Myanmar Military Admits to Killing 10 Rohingya Found in Mass Grave His colleague Wa Lone said his wife was pregnant adding: "I'm trying to be strong". The military should take action against anyone who commits crime.

Keita won't leave for Liverpool early - RB Leipzig head coach Ralph Hasenhuttl Market values for a particular player are calculated by how well they play, age, their marketability and ability to sell shirts. And Salah, who has been in sensational form this season, revealed how much he enjoyed playing with Coutinho at Anfield .

Meghan Markle And Prince Harry Just Attended Their First Event Of 2018 Meghan Markle And Prince Harry Just Attended Their First Event Of 2018 "This is why I am saying it to you and wishing you well and good health". "It could be a sensitive subject", the prince joked. The suspected candidates include stylist Jessica Mulroney, actress Priyanka Chopra, and tennis superstar Serena Williams.

YouTube condemns Logan Paul controversy but won't take any responsibility for it YouTube condemns Logan Paul controversy but won't take any responsibility for it Paul was also removed from Google Preferred, a premium advertising scheme on videos by the most popular YouTubers. It issued a "strike" against Paul's channel for violating its community rules after the video was published.

Trump to let states require employment for Medicaid Trump to let states require employment for Medicaid A study in December in JAMA Internal Medicine found that about half of the Medicaid recipients in MI were already working. CMS officials said they did not have any estimates on how much Medicaid enrollment would drop as a result of the policy.

Bitcoin plunges as South Korea plans trading ban Bitcoin plunges as South Korea plans trading ban The proposed legislation will need a majority vote of all 297 members of the National Assembly in order to ban trading outright. Authorities had "grave concerns" over the craze and were "aiming to close virtual currency exchanges" in the country, he said.

Clashes between police and protesters escalate across Kasur Clashes between police and protesters escalate across Kasur The chief minister also ordered an inquiry into the incident and paid a visit to the minor's house to express his condolence. Zainab was the eighth minor to have been raped and murdered in Kasur in the past year, the official said.

Google Buys UK Audio Startup Redux Google Buys UK Audio Startup Redux It could also improve waterproofing for future phones since it eliminates the need for speaker holes. Mashable was able to show off a demonstration of the tech in action during MWC 2017.

Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced Companies such as MoneyGram typically use pre-funded accounts to fulfill customers' transfers, which can tie up capital. In November 2017, American Express Co ( AXP.N ) also launched an instant blockchain-based payment system using Ripple .

TiVo DVRs will take commands from Alexa and Google Assistant TiVo DVRs will take commands from Alexa and Google Assistant Furthermore, the platform runs natively within the vehicle without the need for a mobile device. Their struggle underlies numerous product announcements and other events at the show.

Walmart to raise its starting wage to $11 an hour Walmart to raise its starting wage to $11 an hour Rival retailer Target Corp raised its minimum wage to $11 in September, and said it would raise its minimum wage to $15 by 2020. While companies and states have increased salaries in recent years, the $7.25 federal minimum wage has not budged since 2009.

Ecuador grants nationality to Julian Assange Ecuador grants nationality to Julian Assange Diplomatic immunity would allow him to leave the embassy without the possibility of being arrested for jumping bail in 2012. The Associated Press reports that Ecuador has granted citizenship to Julian Assange .