Boris Johnson and Rishi Sunak at the headquarters of Octopus Energy in London on Monday. Reuters
British Prime Minister Boris Johnson opened the Group of Seven virtual leaders meeting on Friday by calling for a plan to rebuild the global economy after the ravages of the COVID-19 pandemic.
The prime minister of Britain and the chief of the European Union told their chief negotiators on Saturday to get back together and push “intensively” to strike a post-Brexit trade deal before time runs out in a matter of weeks.
Britain unveiled a 30 billion-pound ($39 billion) stimulus plan to help the economy as it faces the risk of a coronavirus recession, hours after the Bank of England (BoE) slashed interest rates in a double-barrelled response to the crisis.
The talks, to be conducted virtually, will involve over 300 US and UK staff and officials in nearly 30 negotiating groups, US Trade Representative Robert Lighthizer and UK trade minister Liz Truss said in a joint statement.
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The partnership between the two companies is arguably one of the biggest industry developments in the pandemic aftermath in Middle East and North Africa (Mena) region.
LUXHABITAT Sotheby’s International Realty has announced that it has successfully closed the single biggest residential land sale in Jumeira Bay Island for Dhs180 million ($50 million).