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What’s more, on Dec. 4, the European Court of Justice’s advocate-general will give his opinion on whether Britain can revoke its notice to withdraw from the EU without agreement of the other 27 states mens wedding cufflinks uk online. The Scottish politicians behind the ECJ case hope a ruling in their favor will pave the way for another referendum. How will markets react? Anyone’s guess. If a no from parliament is interpreted as a slide towards no-deal, the pound may tumble. But if a second referendum — and a remain outcome — becomes a possibility, the opposite is likely..
Crude oil futures have just endured their worst month for more than 10 years, plunging more than 20 percent in November mens wedding cufflinks uk online. That follows losses of around 10 percent in October. With world growth slowing, supply is outstripping demand. So when the OPEC producers’ club meets in Vienna on Dec. 6-7, the stakes could not be higher. With WTI dipping below $50 a barrel and Brent now below $60, one would think OPEC is nailed on to cut production and get prices rising again. But it is not quite so simple..
For one, U.S. President Trump won’t be happy. Having repeatedly called for lower oil prices, he has got his wish so any action to raise them could provoke a political reaction from the White House mens wedding cufflinks uk online. Second, Saudi Arabia’s desire and ability to cut production significantly is limited because of its budgetary needs and also because higher oil prices raise competition from U.S. shale. And other OPEC and non-OPEC countries are still lukewarm to the idea of cutting production. Watch this space..
BRUSSELS (Reuters) – Albert Frere, a veteran dealmaker whose impeccable business timing made him Belgium’s richest man, died on Monday at the age of 92, the firm he built, Groupe Bruxelles Lambert (GBL), said. Frere had stepped down as a director of GBL and GBL’s Swiss-based shareholder Pargesa three years ago, though he remained one of the controlling shareholders of the group run since 2012 by his son-in-law, Ian Gallienne, who is co-CEO mens wedding cufflinks uk online. Frere attained international prominence in the early 1980s, helping divest some of nationalized French bank Paribas’ foreign assets and setting up Pargesa with Canadian businessman Paul Desmarais, who died in 2013..
Both speaking native French with non-French accents, the pair forged a bond working together on Paribas. “I guess the French asked themselves: ‘Who are those weirdos?’” Frere said in a rare newspaper interview in 2010. With Pargesa’s backing, Frere took control of GBL in 1982. It survived the collapse in 1990 of its U.S. investment bank Drexel Burnham Lambert amid a scandal over its promotion of highly leveraged buyouts and “junk bonds” mens wedding cufflinks uk online. His career started when he inherited his family business, trading in nails, and set out to acquire a string of steel businesses around his home city of Charleroi after World War Two. He left school to run the business aged 17..