The EU has accepted that Britain will not be changing its mind on Brexit and may never return to the bloc after next year’s divorce, a leading European commissioner has said, as he warned that the country’s position in the world would be diminished rather than enhanced after its departure.
The west’s leading economic think tank has warned its members that they are failing to prepare workers for an automation revolution that will leave 66 million people at risk of being replaced by machines in the coming years.
Trump is going after Amazon; Congress is after Facebook; Google is too big, and Apple is short of new products. Is it any surprise that sentiment toward the tech industry giants is turning sour? The consequences of such a readjustment, however, may be dire.
With only a year to go until Britain leaves the EU, a mounting backlog of unresolved problems is causing business to take evasive action — despite government attempts to buy more time with a transition deal.
It’s the kind of bad news best served with a stiff drink: the price of standard supermarket wines such as prosecco and pinot grigio could rise by up to 30 percent this year as the impact of 2017’s disastrous harvest is felt on the high street.
What do you get for the man who has everything? When it comes to Jeff Bezos — the richest man in the world with around $130bn to his name — many U.S. cities competing to host Amazon’s second headquarters have an answer: billions of dollars in tax incentives.
High above the red dirt and evergreen trees of Kemper County, Mississippi, gleams a 15-story monolith of pipes surrounded by a town-sized array of steel towers and white buildings. The hi-tech industrial site juts out of the surrounding forest, its sharp silhouette out of place amid the gray crumbling roads, catfish stands and trailer homes of nearby De Kalb, population: 1,164.
The countdown to leave the European Union began in the British summer of 2016, but nobody in the country seemed to know in which direction they were headed. Those who voted to leave don’t know what kind of future they would like; those who voted to stay don’t know what they can do to stop the process they are certain will create only misery. British politicians from the two major parties — Conservative and Labour — aren’t helping.
