Media Coverage

Media Coverage

BBC
| The economic ravages of coronavirus

Gregor Irwin observes that the economy could be fundamentally reshaped by what it's about to go through. Where there are supply shocks, and a lack of staff or supplies means no amount of money can secure them, we may be heading into rationing territory. 

It will be a test of governments, he suggests - how they respond to that, where the only rationing we're used to is of healthcare.

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The Wall Street Journal
The Wall Street Journal CFO Journal
| Executives Brace for Post-Brexit Changes

Finance chiefs and other executives are tracking a multitude of changes associated with Britain’s exit from the European Union. There won’t be much of an immediate impact on Friday, the scheduled departure day. An 11-month transition period, during which many existing rules and regulations continue to apply, is expected to give CFOs a chance to prepare for the end of the changeover.

Until then, finance executives can expect changes to banking regulation. Brexit brings significant changes to banking regulation. The so-called passporting regime which allowed U.K.-based financial institutions to offer their services on the continent won’t apply after Brexit, according to Denzil Davidson, head of the financial services practice at advisory firm Global Counsel.

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The Times
| World trade court ‘to stay shut for years’

The highest court for trade disputes is likely to be out of action for years, according to Britain’s ambassador at the World Trade Organisation. Julian Braithwaite, the UK’s permanent representative in Geneva, said he saw “no political interest” in Washington to fix the Appellate Body, which collapsed last month after a sustained American campaign. Mr Braithwaite, 52, told a conference in London this week on the politics of trade organised by Global Counsel, a consultancy, that it “really is optimistic” to believe the body would be revived this year.

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