BRITISH HERALD WHERE BRITAIN MEETS THE WORLD ISSN 2632-8836 VOL 1 P/42 P/74 £4.00 ISSUE 3 Welcome to the Haulio of Fame: England Lift World Cup after JUL-AUG 19 Startup takes top prize at RISE a 44-year wait Narendra Modi WORLD’S MOST POWERFUL PERSON facebook.com/britishherald July-August 2019 1 BRITISH HERALD 2 July-August 2019 www.britishherald.com BRITISH HERALD British Herald is among the world’s leaders in online news and information delivery. With our service, one can read up-to-the-minute news stories and receive Breaking News text alerts. British Herald is a registered trademark owned by Herald Media Network Limited, United Kingdom. Herald Media Network Limited is one of the leaders in the global media market. Leveraging on its consolidated strengths in the digital media and communication market, as well as its well-established branding and advertising networks. The efforts in producing quality content and transforming them into a multimedia platform have been well recognized and has accreditated British Herald both at National and International levels. facebook.com/britishherald July-August 2019 3 BRITISH HERALD JULY-AUGUST 2019 | VOLUME 01 | ISSUE 03 CONTENTS 8 74 8 | Narendra Modi The Man, The Mission, The Challenges, The Legacy 74 | England Lift World Cup after a 44-year wait 39 42 48 39 | World's central banks tackle 42 | Container haulage startup 48 | Deutsche Telekom first to market technology with innovation hub. takes top prize at RISE in Germany with limited 5G rollout 44 | France's Mirazur crowned 66 | Massive shark fin haul into 70 | In Japan, the business of world's best restaurant, Denmark's Hong Kong dodges global shipping watching whales is far larger than Noma is No. 2 bans hunting them WHERE BRITAIN MEETS THE WORLD ISSN 2632-8836 Managing Director & Group Editor-in-Chief Ansif Ashraf www.ansif.com, Consultant Editor Prof Ujjwal K Chowdhury, Senior Editor Ashly Christopher, Associate Editor Azam Rafiq Sait,Creative Designer Sooraj SV., Contributors | Via Reuters Steve Gorman, Nichola Groom and Alex Dobuzinskis, Paul Sandle, Isla Binnie, Julie Zhu and Kane Wu, Sinead Cruise and Huw Jones, Edward Taylor, Matthew Stock, Josh Horwitz, Stephen Nellis, Kate Kelland and Julie Steenhuysen, Tom Miles, David Shepardson, Paul Lienert and Ben Klayman, Paresh Dave, Jayson Mansaray, Pascale Denis and Richard Lough, Sheila Dang, Jamie Freed, Paul Carsten and Alexis Akwagyiram, Emily G Roe IT & Support Jibin Thomas & Vinod Kumar Advertising & Sales Shameela Jabeen ([email protected]) Digital Marketing Adnan Niroukh Published by; HERALD MEDIA NETWORK LIMITED Company Number – 11289223, Registered Address: 156 Brompton Road, Knightsbridge, London SW31HW, England. 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British Herald ® is published under a license Agreement with Herald Media Network Limited, 156 Brompton Road, Knightsbridge, London SW31HW, England. ‘’BRITISH HERALD’’ is a trademark used under license From Herald Media Network Limited. July-August 2019 www.britishherald.com 4 Read more! log on to: www.britishherald.com www.facebook.com/britishherald BRITISH HERALD EDITOR'S NOTE Solving the Brexit Impasse referendum sets rules in a wide range a reasonable solution to was held in of areas - including on the them. Finally, the political the United environment, transport, leadership of Britain faced Kingdom on consumer rights and even a profound loss. The “leave” Thursday things such as mobile phone voters rejected both the A23 June 2016, to decide charges etc. Conservative and Labour whether the UK should leave parties. Both parties had or remain in the European Opponents of the EU argued endorsed remaining with the Union. Leave won by 51.9% that it is a dysfunctional EU and saw many of their to 48.1%. The referendum economic entity. The members go into opposition turnout was 71.8%, with EU failed to address the on the issue. Ultimately, it more than 30 million people financial problems that had was a three-way struggle. voting. Since then the been developing since Two established parties controversy has continued 2008, for example, 20% wanted to remain in the unabated, and nothing unemployment in southern EU, and a third faction, divided the British society Europe. The difference drawn from both parties, ever more than this in the between the lives of the opposed it. People in this last century. south Europeans and third group saw both of the Germans—who enjoy 4.2% establishment parties as unemployment—is profound. hostile to their interests. Europe, as a whole, has But what is the stagnated economically. The current status is that mandate of the EU, The argument for remaining Brexiteer leaders have all and why was the in the EU was that the secretly realized that it is a alternative was an economic disaster. The wilful ignorance demand to leave disaster. However, staying of before has crashed the European Union in a stagnated organisation into the reality of actually (EU) in the first to solve British problems looking at the benefits of seemed short-sighted EU membership because place? and made little sense to now they have to replace it. EU is an economic and opponents. The chasm between what they ignorantly thought and political partnership The second reason for Brexit involving 28 European reality is now more evident. is the rise of nationalism While all of this has been countries in the post-II World across the world. There’s War era to foster economic going on, the bedrock of the a growing distrust of British economy, the financial co-operation, with the idea multinational financial, trade, that countries which trade services industry, has started and defence organisations to shrink and the momentum together were more likely created after World War to avoid going to war with of operations moving abroad II. The EU, the IMF, and is reaching the sort of critical each other. It has eventually NATO are good examples evolved into a "single mass that will permanently of this. Many who oppose make the UK lose its global market" allowing goods and the EU believes these people to move around, financial services crown. institutions no longer serve Some 40,000 jobs have basically as if the member any purpose. Not only that, states were one country. It been lost in the secondary these organisations take waves of this fall-out. The has its own currency, the control away from individual euro, which is used by 19 of revenue that the UK is set nations. Mistrust and fear of to suffer from the loss of the member countries, its losing control made Brexit own parliament and it now this economic activity far facebook.com/britishherald July-August 2019 5 BRITISH HERALD EDITOR'S NOTE exceeds gains on payments other words, if parliament beneficial trade deals around to the EU. voted for it. In March, an the world. online petition calling for By the earlier deadline, the Article 50 to be revoked The World Trade UK had been due to leave gained over six million Organization sets rules for on 29 March 2019, two signatures. countries that don't have years after it started the free trade deals with each exit process by invoking Earlier, after months of other, including tariffs - Article 50 of the EU's Lisbon negotiation, the UK and EU the taxes charged on the Treaty. But the withdrawal agreed with a Brexit deal. It import of goods. Without agreement reached between comes in two parts. A 585- an agreement on trade, the EU and the UK has been page withdrawal agreement the UK would trade with rejected three times by UK is a legally-binding text the EU under World Trade MPs. Having granted an that sets the terms of the Organization rules. initial extension of the Article UK's divorce from the EU. 50 process until 12 April 2019, It covers how much money When the UK leaves the EU, EU leaders have now backed the UK owes the EU - an the 310-mile border between a six-month extension until estimated £39bn - and what Ireland and Northern Ireland 31 October 2019. If the UK happens to UK citizens will become the land and EU ratify the withdrawal living elsewhere in the EU border between the UK agreement before then, the and EU citizens living in the and the European Union. UK will leave on the first day UK. Additionally, a 26-page Neither side wants to see of the following month. statement on future relations a return to checkpoints, has been reached which towers, customs posts or Interestingly, Ursula von der is not legally-binding and surveillance cameras at the Leyen, EU leaders’ next pick sketches out the kind of border, in case it reignites to be the EU President, has long-term relationship the the troubles and disrupts said she would be open to a UK and EU want to have in the free cross-border flow of Brexit extension beyond 31 a range of areas, including trade and people.