London: Australia has called for a free trade deal with Britain following its exit from the European Union (EU), the BBC reported on Sunday. British Prime Minister Theresa May. In a phone call to the new Prime Minister Theresa May on Saturday, her Australian counterpart Malcolm Turnbull said he urgently wanted to open up trading between the two countries. “I have been very clear that this government will make a success of our exit from the... 

Britain’s new Prime Minister Theresa May with Queen Elizabeth at Buckingham Palace. LONDON: Theresa May replaced David Cameron as Britain’s prime minister on Wednesday, assuming responsibility for the monumental task of negotiating a complex divorce from the European Union. Cameron stepped down after Britons rejected his entreaties and voted to leave the EU in a referendum last month, severely undermining European efforts to forge greater... 

Washington: Britain’s decision to leave the European Union has created ‘significant uncertainty’ that will have repercussions not only for UK and Europe, but the global economy, the International Monetary Fund has warned. Representative Image. IMF spokesperson Gerry Rice said the Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while dealing with the situation. “Brexit has... 

Well, England just exited the Football Euro Cup. British politicians, political commentators, journalists, EU diplomats, investment bankers, credit rating agencies, Nobel Prize economists, the IMF and even the World Bank are shocked and up in arms against the result. File image of David Cameron. How could it happen despite arguing against it over the past few months? Most refuse to believe it actually happened. Surely, the rules of the game need... 

PARIS: Europe needs to be reinvented according to a new plan that could be put to an EU-wide referendum later, but it would be “totally irresponsible” to hold a plebiscite in France before that, France’s would-be president, Alain Juppe, said on today. Alain Juppe, prime minister from 1995 to 1997, is campaigning to persuade the conservative Les Republicains party to nominate him rather than ex-president Nicolas Sarkozy in November’s...