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Thursday, June 30, 2016
#France - Hollande pledges tax cuts ahead of France's 2017 elections: FRANCE 24 English
Published on 30 Jun 2016
The
French president has pledged to implement a tax cut of up to €2 billion
in the next year to help middle-class households. François Hollande
told the Les Echos newspaper that the country would still be able to
meet its EU-mandated budget deficit target of 2.7 percent next year.
Also, US President Obama says the UK vote to leave the EU raises
“longer-term” concerns for global economic growth.
#Ukraine - Heavy Rains Cause Flood: Zakarpattya region of Ukraine suffers from massive disaster: UKRAINE TODAY
Published on 30 Jun 2016
Zakarpattya
region in western Ukraine suffers from massive floods. Numerous heavy
rains made the river banks overflow with water, with cars floating in
the massive street currents.
George Soros Says 'Brexit' Will 'Unleash" Financial Crisis: TheStreet
Published on 30 Jun 2016
Legendary
investor George Soros says 'Brexit' will unleash a crisis in financial
markets similar to the global financial crisis of 2007 and 2008. he told
the European Parliament in Brussels that Britain's decision to leave
the European Union could lead to a disaster because the European banks
never really recovered from the financial crisis. Despite that, U.S.
stocks have made up 60% of their losses since the Brexit vote last week.
Lionsgate
#UK - economy to go into recession then grow in 2017: IG UK
Published on 30 Jun 2016
30
June 2016: Charles Dumas, chief economist at Lombard Street Research,
says the drop in GBP will have a positive effect on the UK economy. He
is pencilling in Q2 and Q3 negative growth then, Charles says, the UK
economy will start to 'bottom out'.
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