Economic News
Meat tax could be necessary to reduce climate change and health issues
A tax on meat is being considered to reduce the negative impact that its consumption has on climate change, water pollution, deforestation and diseases like obesity, cancer or diabetes.
Brussels questions legality of deporting EU homeless from UK
Since the referendum, the rate of deportations of EU citizens from Britain has risen dramatically, especially that of rough sleepers, with 5000 EU citizens having been deported from the UK in the past 12 months.
Protests break out in Catalonia as artworks are removed from museum
Spanish police have clashed with some protesters outside a museum in the city of Lleida in Catalonia after 44 artworks were removed from the building in order to be sent back to the neighbouring region Aragón.
US 'quits' rate unchanged in October
The number of job openings in the US fell by 181,000 in October to reach 5. 996m as of the end of October, according to the Bureau of Labor Statistics.
Netanyahu asks Brussels to follow in Trump's steps, EU says no
Leaders of both Israel and Palestine reached out for international support after Trump’s recognition of Jerusalem as the Israeli capital.
JP Morgan stays overweight on global equities
Strategists at JP Morgan reiterated their 'overweight' stance on global stocks going into 2018, pointing out that economic growth would continue to be above-trend and that analysts' forecasts for corporate profits had room to increase.
New York police investigating explosion at Port Authority station
Injuries have been reported near a major bus terminal in downtown Manhattan, New York after a suspected explosion which has prompted the arrival of emergency services.
China November credit growth belies slowdown, economists say
Credit conditions in China continued to tighten last month, leading economists to anticipate cuts to the central bank's reserve requirement ratio for lenders in the short-run in order to provide liquidity and - eventually - allow a weaker currency as well.
Brexit: Ireland will hold the UK to border agreement
Ireland has lashed out at the British government after Brexit secretary David Davis said the divorce agreement was a "statement of intent".
China CPI slows more than expected in November, re-acceleration seen
Consumer price inflation in Asia's largest economy slowed more than expected last month, weighed down by falls in food prices, but economists expected it would recover in 2018.
BCC cuts UK growth forecasts as Brexit uncertainties linger
Continuing Brexit uncertainties have led to a downgrade in growth forecasts for the UK economy by the British Chambers of Commerce.
UK consumer spending in 2017 likely to be lowest in five years
UK retailers face lower festive spending this year after a survey indicated consumer spending ebbed lower for the third month running in November.
Bitcoin makes futures trading debut as digital currency aims for $17k
The remarkable trajectory of bitcoin continued on Monday as the digital currency gained another 25% and trading was halted twice after making its futures trading debut on the Chicago Board Options Exchange at the weekend.