Brexit Will Cost EU's GDP 0.3-0.5% Over Next 3 Years
President of the ECB Mario Draghi
Frankfurt - QNA
Britain's departure from the European Union is expected to shrink the Eurozone's economy by 0.3-0.5% in the next three years, European Central Bank (ECB) said Tuesday.
President of the ECB Mario Draghi informed EU leaders of the bank's estimates, German news agency DPA reported today. Draghi stressed that the ECB was ready for all contingencies saying that preparations included making sure that existing arrangements for the Frankfurt-based bank to stabilize markets and provide liquidity are usable, active and adequate.
The Brexit vote caused a two-day sell off in the global markets, the value of the Pound Sterling also fell more than 8% during those two days.
GMT 08:11 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 19:45 2017 Wednesday ,18 October
EU leaders voice frustration on UK Brexit position, moneyGMT 09:23 2017 Friday ,13 October
EU to start internal work on Brexit trade talksGMT 15:04 2017 Thursday ,05 October
British union to sue on behalf of 1,800 Monarch staffGMT 23:21 2017 Sunday ,01 October
Britain’s Carillion lifted by Middle East bid report
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 06:45 2017 Sunday ,04 June
Zidane back among the immortals
GMT 11:05 2018 Saturday ,13 October
Israel kills 7 Palestinians and orders Gaza fuel delivery halt
GMT 09:29 2018 Monday ,01 January
Lavrov to visit Kuwait this month
GMT 23:59 2017 Tuesday ,10 October
Fatal police shootings reflect 'serious problem' in US
GMT 08:49 2018 Thursday ,22 November
NASA's InSight lander on course for Mars touchdown on Monday
GMT 04:10 2017 Wednesday ,27 December
Three Miss America officials resign, one apologizes
GMT 03:10 2017 Friday ,22 December
Arsenal wasted Oxlade-Chamberlain
GMT 21:44 2017 Wednesday ,18 October
Sisi holds phone talks with King Abdullah II of Jordan
GMT 10:41 2017 Tuesday ,17 January
Lawmaker seeks debate on expatriate population in Kuwait
GMT 02:14 2017 Saturday ,09 December
Gemayel calls Abbas, confirms Kataeb's support for right to reject US
GMT 10:15 2017 Tuesday ,11 April
Sudan and Ethiopia Agree on Gradual Work for Reaching Economic Integration
GMT 10:51 2017 Wednesday ,17 May
Iran hardliners join social media free-for-all before vote
GMT 12:35 2016 Friday ,05 February
Team Sky take charge at Herald Sun Tour cycling race
GMT 03:25 2017 Friday ,24 November
Tensions down after 'coup' in Ukraine's separatist region
GMT 02:22 2016 Sunday ,03 July
Germany win on penalties to reach Euro 2016 semi-finals
GMT 16:50 2017 Sunday ,20 August
Temperatures to reach 45 Degrees Celsius in Southern Morocco Sunday
GMT 03:29 2017 Monday ,17 April
Al Nu'amani meets UK military official
GMT 03:10 2017 Monday ,19 June
Sushma Swaraj dismisses 'rumours' of being contender in presidential polls
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor