Brexit Current Affairs - 2020

Britain releases new 50 pence coin marking BREXIT

The British Government has unveiled a new 50 pence coin commemorating Brexit. The coin has the inscription “Peace, Prosperity and Friendship with all nations”. Around 3 million coins are to be distributed from post offices, banks and shops from January 31, 2020. India and Brexit More than 800 Indian companies have invested in UK. Some Read More…

Priti Patel: Britain’s first Indian-origin Home Secretary

Newly elected British Prime Minister Boris Johnson has appointed Indian origin Priti Patel as the Home Secretary of Britain. With this she has become Britain’s first Home Secretary of Indian origin. She has her roots in Tarapur in Gujarat. Former Home Secretary Sajid Javid would take over from Philip Hammond as Finance Secretary (or Chancellor). Read More…

Boris Johnson takes charge as new Prime Minister of United Kingdom

Former British Foreign Secretary Boris Johnson officially took charge as new Prime Minister of United Kingdom (UK), he met Queen Elizabeth II, who invited him to form the new government. He defeated Labour leader Jeremy Corbyn. Johnson, a Conservative Member of Parliament (MP), former foreign minister, and former mayor of London replaced outgoing Prime Minister Read More…

Brexit has cost Britain nearly 2.5% of GDP: Goldman Sachs

A study by the global investment banking, securities and investment management firm, Goldman Sachs has stated that Brexit has cost Britain nearly 2.5% of GDP. Findings of the Study Britain’s economy has lost nearly 2.5 per cent of GDP relative to its growth path prior to the mid-2016 referendum on exiting the European Union (EU) Read More…

OECD Growth Forecasts 2019

The Organisation for Economic Co-operation and Development (OECD) has reduced the world economic growth forecasts for the year 2019. Economic Forecasts of OECD The report notes that trade tensions and political uncertainty, including Brexit and erosion of business and consumer confidence are weighing on the world’s economy thereby contributing to the slowdown. OECD has cut Read More…

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