Global Shock As UK Votes to Leave EU
Total Page：16
File Type：pdf, Size：1020Kb
QATAR | Page 16 SPORT | Page 1 Reawakened Ronaldo up against INDEX DOW JONES QE NYMEX QATAR 2, 16 COMMENT 14, 15 Motorists concerned RAMADAN 3 BUSINESS 1 – 12 a Croatia over looming closure of 17,445.71 9,966.35 47.59 ARAB WORLD 3 CLASSIFIED 7, 8 -565.36 +46.94 -2.52 INTERNATIONAL 4 – 13 SPORTS 1 – 12 another petrol station with teeth -3.14% +0.47% -5.03% Latest Figures published in QATAR since 1978 SATURDAY Vol. XXXVII No. 10130 June 25, 2016 Ramadan 20, 1437 AH GULF TIMES www. gulf-times.com 2 Riyals Ban on use of minimum In brief Global shock as UK charge by eateries votes to leave EU he Ministry of Economy and Commerce (MEC) has issued Quitting the world’s biggest Tcircular number nine for 2016 on AMERICA | Disaster trading bloc could cost Britain all restaurants, cafes, hotels and other Flooding kills 14 access to the trade barrier-free eateries to abstain from levying a mini- single market and means it must mum charge from customers. in West Virginia seek new trade accords with The circular is part of MEC’s Ram- Flooding in the US state of West countries around the world adan initiatives to enhance consumer Virginia killed 14 people and protection and exercise a tighter control stranded others who had to Reuters on the local market retailers and serv- be plucked from rooftops and London ices providers. rescued from fast-moving waters, In a statement issued yesterday, the the governor said yesterday. MEC said the issue of minimum charge “The damage is widespread and ritain has voted to leave the Eu- had become widespread, harming the devastating,” Governor Earl Ray ropean Union, forcing the resig- interests of customers, with some out- Tomblin told a news conference Bnation of Prime Minister David lets specifying a minimum charge on a after floods caused by a day of Cameron and dealing the biggest blow single table regardless of the numbers of heavy rains. The dead included since World War Two to the European persons sitting there. an eight-year-old boy who was project of forging greater unity. “The customers are obliged to pay a swept away while walking along Global fi nancial markets plunged minimum charge, even if they did not a creek bank with his mother and yesterday as results from a referendum consume items equivalent to it, and sister. His body was found after defi ed bookmakers’ odds to show a 52- when they consume more, the outlet three hours of searching. 48 % victory for the campaign to leave charges an additional sum,” it said. a bloc Britain joined more than 40 years The MEC stressed that this practice LATIN AMERICA | Olympics ago. violated Article 10 of Law No 8 of 2008 The pound fell as much as 10% on consumer protection which bans Rio to be ‘safest against the dollar to touch levels last the provider of items or services from city during Games’ seen in 1985, on fears the decision could making it mandatory that a consumer Rio de Janeiro will be “the safest hit investment in the world’s fi fth-larg- should buy certain quantity of specifi c city in the world” during the est economy, threaten London’s role items or buy another item alongside the Olympics Games in six weeks time, as a global fi nancial capital and usher original item he wants to buy. organising committee spokesman in months of political uncertainty. The Besides, the minimum charge practice Mario Andrada has insisted. The euro slid 3%. Leave supporters cheering results after polling stations closed in the Referendum on the European Union in London yesterday. imposes additional unnecessary costs buildup to the August 5-21 Games World stocks saw more than $2tn on consumers for things or services that have been clouded by health wiped off their value although Britain’s An emotional Cameron, who led the world wars, fascist and communist to- hold referendums. they would not benefi t from, which is and security worries, after an FTSE 100 stock index recovered much “Remain” campaign to defeat, losing talitarianism to unite a continent of de- Le Pen changed her Twitter profi le considered a clear violation of the law. Australian Paralympic athlete was of its early losses. the gamble he took when he promised mocracies. picture to a Union Jack and declared Accordingly, the MEC has given all robbed at gunpoint in the city just US stocks fell sharply, with the Dow the referendum in 2013, said he would It faces economic and political dam- “Victory for freedom!” restaurants, cafes, hotels and similar days ago, while several high-profile Jones industrial average dropping as leave offi ce by October. age without Britain, which has the EU’s The vote will trigger at least two years services outlets in the country a grace golfers have withdrawn because of much as 538 points. “The British people have made the biggest fi nancial centre, a UN Security of divorce proceedings with the EU, the period of 30 days, starting from tomor- fears surrounding the Zika virus. The United Kingdom itself could now very clear decision to take a diff erent Council veto, a powerful army and nu- fi rst exit by any member state. row “to modify their situation accord- break apart, with the leader of Scotland path and as such I think the country re- clear weapons. Cameron, in offi ce since 2010, said it ingly and comply with the stipulation ASIA | Diplomacy - where nearly two-thirds of voters quires fresh leadership to take it in this “It’s an explosive shock. At stake would be up to his successor to formally of Article 10 of Law No 8 of 2008”. They wanted to stay in the EU - saying a new direction,” he said in a televised address is the break up pure and simple of the start the exit process. shall completely abolish the practice of India, Pakistan edge referendum on independence from the outside his residence. union,” French Prime Minister Manuel His Conservative Party rival Boris minimum charge hereinafter and stop closer to joining SOC rest of Britain was “highly likely”. “I do not think it would be right for Valls said. “Now is the time to invent Johnson, the former London mayor controlling the volume or quantity of India and Pakistan inched closer me to be the captain that steers our another Europe.” who became the most recognisable face their customers or clients consumption. yesterday to joining a regional country to its next destination,” he German Chancellor Angela Mer- of the Leave camp, is now widely tipped These outlets are asked by the MEC security and economic bloc, added, choking back tears before walk- kel, who invited the French and Italian to seek his job. to revise their price lists, advertise- known as the Shanghai Co- ing back through 10 Downing Street’s leaders to Berlin to discuss future steps, “We can fi nd our voice in the world ments and invoices to make sure that all operation Organisation (SCO), led black door with his arm around his wife called it a watershed for European uni- again, a voice that is commensurate indication or mention of any minimum by Russia and China, a move seen Samantha. fi cation. with the fi fth-biggest economy on charges is abolished. to boost the importance of the Quitting the world’s biggest trad- Her foreign minister, who will with Earth,” he told reporters at Leave cam- They have to instruct all their em- organisation. “We expect that our ing bloc could cost Britain access to the France present other EU founding mem- paign headquarters. ployees, staff and customer services partners will be able to accede trade barrier-free single market and bers with a plan for a fl exible EU today, Lawmakers from the opposition La- personnel to refrain completely from as quickly as possible, by our means it must seek new trade accords called it a sad day for Britain and Europe. bour Party also launched a no-con- pushing their customers or clients in next meeting in Kazakhstan” next with countries around the world. The result emboldened eurosceptics fi dence motion to topple their leader, any manner to consume or buy more year, Russian President Vladimir Prime Minister David Cameron A poll of economists by Reuters pre- in other member states, with French leftist Jeremy Corbyn, accused by op- than they wish to have. Putin said after the two countries speaking after Britain voted to leave the dicted Britain was likelier than not to National Front leader Marine Le Pen ponents in the party of campaigning After the expiry of the 30-day grace signed memorandums on joining, European Union, outside Number 10 fall into recession within a year. and Dutch far-right leader Geert tepidly for its Remain stance. Pages 5, period, the MEC will take the necessary the Kremlin website said. Downing Street in London yesterday. The EU rose out of the ashes of two Wilders demanding their countries also 8, 9, 14, 15 and 16 legal procedures to ensure the compli- ance of all the targeted outlets with the new regulations through closely moni- RAMADAN THOUGHT toring and inspecting them. The MEC said it would be strict with Whoever established prayers on violators. the Night of Qadr out of sincere The MEC advised consumers not to faith and hoping for a reward Obama tries to limit fallout accept or comply with the minimum from Allah, then all his previous vowed that Washington would main- Minister David Cameron and German charge practice and report the violators sins will be forgiven.