FOREX TradingCharts.com

Financial News: IMF Warns UK Against Severe Impact Of 'No

IMF Warns UK Against Severe Impact Of 'No Deal' Brexit

09/17/2018 - 06:12:00 (RTTNews)

(RTTNews) - The UK economy will suffer substantial costs if the country leaves the European Union without a deal, the International Monetary Fund warned on Monday.

Though the UK and the EU have reached agreement in principle on a 21-month implementation period, the "fundamental questions-such as the future economic relationship between the two and the closely-related question of the status of the land border with Ireland-remain unanswered," the lender said.

"Resolving these issues is critical to avoid a "no deal" Brexit on WTO terms that would entail substantial costs for the UK economy-and to a lesser extent the EU economies-particularly if it were to occur in a disorderly fashion," the IMF said in its staff concluding statement of the Article IV mission.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Manufacturing PMI On Tap For Wednesday (01 hr(s), 05 min(s), 51 sec(s) ago)
(RTTNews) - Japan will on Wednesday see preliminary October numbers for the Manufacturing PMI from ...Full Story»

Eurozone Consumer Confidence Unexpectedly Improves In October (08 hr(s), 36 min(s), 51 sec(s) ago)
(RTTNews) - Euro area consumer confidence improved modestly in October, defying economists' ex ...Full Story»

Eurozone Banks Expect Loan Demand Growth To Continue In Q4: ECB Survey (09 hr(s), 01 min(s), 51 sec(s) ago)
(RTTNews) - Euro area banks expect further increase in demand for loans from businesses and househ ...Full Story»

UK Factory Orders Fall At Fastest Pace In Three Years: CBI (09 hr(s), 45 min(s), 51 sec(s) ago)
(RTTNews) - British factory orders dropped at the fastest pace in three years in the quarter to Oc ...Full Story»

Iceland Wages Rise In September (10 hr(s), 32 min(s), 51 sec(s) ago)
(RTTNews) - Iceland's wage index rose in September after declining in the previous month, figu ...Full Story»

Taiwan Retail Sales Growth Rebounds In September (11 hr(s), 25 min(s), 51 sec(s) ago)
(RTTNews) - Taiwan's retail sales annual growth gained momentum in September after slowing sha ...Full Story»

Poland Unemployment Rate At 28-year Low (11 hr(s), 40 min(s), 51 sec(s) ago)
(RTTNews) - Poland's unemployment rate eased slightly in September, after holding steady in th ...Full Story»

South Africa Leading Index Decreases For Second Month (12 hr(s), 0 min(s),51 sec(s) ago)
(RTTNews) - South Africa's leading economic index dropped for a second straight month in Augus ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Manufacturing PMI On Tap For Wednesday

10/23/2018 - 18:16 PM (RTTNews)
(RTTNews) - Japan will on Wednesday see preliminary October numbers for the Manufacturing PMI from ...Full Story>>

Eurozone Consumer Confidence Unexpectedly Improves In October

10/23/2018 - 10:45 AM (RTTNews)
(RTTNews) - Euro area consumer confidence improved modestly in October, defying economists' ex ...Full Story>>

Eurozone Banks Expect Loan Demand Growth To Continue In Q4: ECB Survey

10/23/2018 - 10:20 AM (RTTNews)
(RTTNews) - Euro area banks expect further increase in demand for loans from businesses and househ ...Full Story>>

UK Factory Orders Fall At Fastest Pace In Three Years: CBI

10/23/2018 - 09:36 AM (RTTNews)
(RTTNews) - British factory orders dropped at the fastest pace in three years in the quarter to Oc ...Full Story>>

Iceland Wages Rise In September

10/23/2018 - 08:49 AM (RTTNews)
(RTTNews) - Iceland's wage index rose in September after declining in the previous month, figu ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.