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Saturday, 8 October 2016

EU leaders line up to insist UK will pay a high price for Brexit stance | Politics | The Guardian

EU leaders line up to insist UK will pay a high price for Brexit stance | Politics | The Guardian:

"Britain and the EU appear more bitterly divided over Brexit than at any time since the referendum, with European leaders ramping up their rhetoric after Theresa May signalled she would seek a clean break with the bloc.

The prime minister’s Conservative conference speech, in which she indicated Britain would prioritise immigration control and restore the primacy of UK law to become an “independent, sovereign nation” without full access to the single market, drew a sharp response from continental capitals.

In Paris, Fran├žois Hollande said Britain must suffer the consequences of its decision. “The UK has decided to do a Brexit. I believe even a hard Brexit,” he said. “Well, then we must go all the way through the UK’s willingness to leave the EU. We have to have this firmness.”"



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Qatar 'won’t sell Deutsche Bank shares, might buy more' | GulfNews.com

Qatar 'won’t sell Deutsche Bank shares, might buy more' | GulfNews.com:

"Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled German bank decides to raise capital, sources familiar with Qatari investment policy told Reuters.
Funds controlled by Qatar’s former Prime Minister Shaikh Hamad Bin Jasem Al Thani bought 6.1 per cent of Deutsche in mid-2014 and increased their stake to just under 10 per cent, including options, in July this year.
But Germany’s biggest bank has been engulfed by a crisis of confidence since last month after the US Department of Justice demanded up to $14 billion to settle claims that the bank mis-sold US mortgage-backed securities before the financial crisis. It is fighting the fine but may have to turn to investors for more money if it is imposed in full."



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