Britain Current Affairs - 2020

Wikileaks founder Julian Assange sentenced in UK prison

Wikileaks co-founder Julian Assange was sentenced on 1 May 2019 to 50 weeks (about 1 year 1 month) in a British prison for breaching his bail by entering the Ecuadorian embassy in London. Key Facts The 47-year-old Australian national was arrested when Ecuador terminated his asylum on 11th April 2019. He spent about seven years 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…

Asian Rich List 2019

Asian Rich List 2019 was released by India’s High Commissioner to the UK Ruchi Ghanashyam. The list is the compilation of the 101 wealthiest Asians in Britain and highlights exceptional entrepreneurial achievement over the last 12 months. The list was released at the Asian Business Awards. Asian Rich List 2019 London-based NRI industrial tycoons, the 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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ICJ advises Britain to return Diego Garcia to Mauritius

International Court of Justice (ICJ) has advised the UK to return the Diego Garcia (Chagos Islands) to Mauritius as rapidly as possible. The ICJ has said that Britain must give Mauritius control of the Chagos Archipelago in the Indian Ocean. The advisory has been issued by the ICJ on the request of the resolution passed by the Read More…