News 

Christmas tail: Europe deal could slow yuletide lobster biz

“But Canada and the EU brokered a deal this year that gets rid of tariffs on Canadian lobster exports to the 28-nation bloc” writes The Associated Press for seattletimes.com. The rules are taking effect as American lobster exports to some key European nations have tailed somewhat in recent years.In Canada, members of the lobster industry cheer both the high catch volumes and the relaxed trade rules.Meanwhile, lobster exports to Asia have exploded. Source: seattletimes.com Share This:

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GBP News 

Boris Johnson breaks ranks with ‘vassal state’ warning

“Davis has said he hopes whatever new arbitration system is agreed under the trade deal with the EU could start to operate before the end of the transition period” writes Ros Altmann for theguardian.com. In a pair of defiant articles in the Sunday Telegraph and Sunday Express newspapers, after her defeat this week in the House of Commons over parliamentary scrutiny of a final Brexit deal, the prime minister said: “Amid all the noise, we are getting on with the job. Source: theguardian.com Share This:

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News 

Japan backs nuclear deal, confirms no violation by Iran

“Under the nuclear deal, Iran is obliged to put limits on its nuclear activities in exchange for termination of economic and financial sanctions against Tehran” reports tehrantimes.com. However, U.S. President Donald Trump, in a statement issued on October 13, refused to certify Iran’s compliance to the nuclear deal and asked Congress to decide about the fate of the nuclear deal.Since the implementation of the nuclear deal the United Nations nuclear watchdog has issued nine regular reports each time confirming that Iran is abiding by the terms of the agreement.The nuclear…

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GBP Markets News 

UK will retain EU rules during transition, says Hammond

“A Brexit transition deal will mean the UK retains the same rules that apply within the single market and customs union, the chancellor has said in remarks likely to infuriate Conservative hardliners” writes Jamie Grierson for theguardian.com. Philip Hammond said that although “technically” the UK would not be in the customs union or single market, the transition deal sought by the government would effectively “replicate the status quo” on trade and migration. Source: theguardian.com Share This:

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Crypto News Platforms 

EU agrees on rules to prevent money laundering and terrorism financing using cryptocurrencies by banning anonymous pre-paid card transactions on platforms, more

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

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Crypto News Platforms 

EU Bitcoin Clampdown…

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

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Crypto News Platforms 

EU agrees clampdown on Bitcoin platforms to tackle money laundering

“BRUSSELS (Reuters) – European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement” writes Min Read for reuters.com. The agreement is part of a broader set of measures to tackle financial crimes and tax evasion. The increased public scrutiny is considered essential by the EU commission and also by rights groups, to prevent financial crimes and tax evasion. Source: reuters.com Share This:

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News Stocks 

European stocks face day 3 of losses as retailers, banks slide

“Meanwhile, worries surrounding Republican-led efforts in Washington to cut taxes cropped up again, sending U.S.-listed bank shares lower Thursday, and European bank stocks followed that lead Friday” writes Markets Reporter for marketwatch.com. Expectations for tax cuts and an overhaul in U.S. tax polices have at times boosted bank stocks worldwide throughout the last year.Among bank stocks, shares of Société Générale SA GLE, -1.28%  lost 1.2%, Commerzbank AG CBK, -0.77%  fell 0.6% and Barclays PLC BARC, -1.33% BCS, +0.46%  was down 1.4%.Stocks across Europe were lower Friday, as retail and bank…

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GBP News 

EU to delay trade talks for three months while May’s government decides what they want from Brexit

“However, talks on a future trade deal are set to be delayed with EU leaders still uncertain as to what May’s government are hoping to achieve” writes Adam Payne for businessinsider.com. LONDON — The European Union has told Britain it has three months to decide what sort of future trade deal it wants before it is prepared to begin negotiating a future trade deal.Brexit Secretary David Davis has suggested that Britain and the EU could negotiate a “Canada plus plus” trade deal.This would involve replicating the EU-Canada trade deal (CETA)…

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