Warnings of a "difficult exit" Britain from the European Union
BAGHDAD (Reuters) -
He invited the CEO of "Rolls-Royce" to "as little as possible changes", after Britain's exit from the European Union, in order to minimize the repercussions of this out on the business sector.
Rehn said East in a press statement: "The more we move away from the status quo situation will become more difficult."
The manufacturer of the engines and want to retain their ability to move products and workers freely between Britain and the countries of the Union.
It may lead Britain to leave the Customs Union and the single European market to the end of the free movement of goods and labor.
The British finance minister, Philip Hammond, last Sunday his intention to withdraw from the customs union and the single market.
He said East, during the Paris Air Show, said that other companies will be affected by "hard exit" to Britain from the Union.
"The aerospace sector is very interconnected, and there are other parts of it work across the border between Britain and the European Union. All other companies will have the same problems like us. "
The warning comes at a time when East business leaders stepped up the British from their appeals to the government, to work on a smooth exit from the European Union, as well as demanding and obtaining a formal role in the management of the checkout process.
Negotiations began between Britain and the European Union formally on Monday out.
Said Josh Hardy, deputy director general of the Confederation of British Industry, it is "quite clear" that the economy must first be a new priority for the government.
In the meantime, he warned a joint report, issued by the British National Institute of Economic and Social Research and the Chartered Institute of Personnel and Development, that the termination of the free movement of labor from the EU would hurt the business sector, the British government sector, "only if you take immigration policies in the post-out in mind the need for skilled and unskilled labor from the EU alike. "
East said that the departure of the European Union means that Britain would not become a member of the European Aviation Safety Agency, which regulate the aerospace sector, and based aviation-related products.
And such a scenario would be a major problem for companies such as Rolls-Royce, which operates commercial aircraft engines.
East but said it was possible for Britain to become a member of a participant acting, as is the case Alnrweg and Switzerland.
Huge losses
He suffered "Rolls-Royce" of crises over the past few years, and reached its peak in January \ last January, when the company paid nearly $ 700 million settlement with the British and American authorities in cases involving allegations of bribery.
And it resulted in the settlement, together with the depreciation of the pound sterling exchange rate since the vote in favor of the exit from the European Union, to the huge losses of the company amounted to $ 4.6 billion during the year 2016.
East took over as chief executive of the company about two years ago.
East predicted "slight improvement" in the company's financial performance this year.
He also pointed out East to stop large cuts in jobs, such as cutting out 800 jobs in the department of marine products, in December \ December last year due to declining customer demand.
The doubling of the number of mega-engines produced by the company, which requires a greater number of employees. East says: "On the one hand the number of employees we have a broad base, where we have a smaller number of leadership positions, the largest number of people who collect the engines and make parts."
And it works in Rolls-Royce about 23 thousand employees in Britain, and the total 55 thousand people worldwide.
http://www.aljournal.com/%D8%AA%D8%AD%D8%B0%D9%8A%D8%B1%D8%A7%D8%AA-%D9%85%D9%86-%D8%AE%D8%B1%D9%88%D8%AC-%D8%B5%D8%B9%D8%A8-%D9%84%D8%A8%D8%B1%D9%8A%D8%B7%D8%A7%D9%86%D9%8A%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%A7%D8%AA/
BAGHDAD (Reuters) -
He invited the CEO of "Rolls-Royce" to "as little as possible changes", after Britain's exit from the European Union, in order to minimize the repercussions of this out on the business sector.
Rehn said East in a press statement: "The more we move away from the status quo situation will become more difficult."
The manufacturer of the engines and want to retain their ability to move products and workers freely between Britain and the countries of the Union.
It may lead Britain to leave the Customs Union and the single European market to the end of the free movement of goods and labor.
The British finance minister, Philip Hammond, last Sunday his intention to withdraw from the customs union and the single market.
He said East, during the Paris Air Show, said that other companies will be affected by "hard exit" to Britain from the Union.
"The aerospace sector is very interconnected, and there are other parts of it work across the border between Britain and the European Union. All other companies will have the same problems like us. "
The warning comes at a time when East business leaders stepped up the British from their appeals to the government, to work on a smooth exit from the European Union, as well as demanding and obtaining a formal role in the management of the checkout process.
Negotiations began between Britain and the European Union formally on Monday out.
Said Josh Hardy, deputy director general of the Confederation of British Industry, it is "quite clear" that the economy must first be a new priority for the government.
In the meantime, he warned a joint report, issued by the British National Institute of Economic and Social Research and the Chartered Institute of Personnel and Development, that the termination of the free movement of labor from the EU would hurt the business sector, the British government sector, "only if you take immigration policies in the post-out in mind the need for skilled and unskilled labor from the EU alike. "
East said that the departure of the European Union means that Britain would not become a member of the European Aviation Safety Agency, which regulate the aerospace sector, and based aviation-related products.
And such a scenario would be a major problem for companies such as Rolls-Royce, which operates commercial aircraft engines.
East but said it was possible for Britain to become a member of a participant acting, as is the case Alnrweg and Switzerland.
Huge losses
He suffered "Rolls-Royce" of crises over the past few years, and reached its peak in January \ last January, when the company paid nearly $ 700 million settlement with the British and American authorities in cases involving allegations of bribery.
And it resulted in the settlement, together with the depreciation of the pound sterling exchange rate since the vote in favor of the exit from the European Union, to the huge losses of the company amounted to $ 4.6 billion during the year 2016.
East took over as chief executive of the company about two years ago.
East predicted "slight improvement" in the company's financial performance this year.
He also pointed out East to stop large cuts in jobs, such as cutting out 800 jobs in the department of marine products, in December \ December last year due to declining customer demand.
The doubling of the number of mega-engines produced by the company, which requires a greater number of employees. East says: "On the one hand the number of employees we have a broad base, where we have a smaller number of leadership positions, the largest number of people who collect the engines and make parts."
And it works in Rolls-Royce about 23 thousand employees in Britain, and the total 55 thousand people worldwide.
http://www.aljournal.com/%D8%AA%D8%AD%D8%B0%D9%8A%D8%B1%D8%A7%D8%AA-%D9%85%D9%86-%D8%AE%D8%B1%D9%88%D8%AC-%D8%B5%D8%B9%D8%A8-%D9%84%D8%A8%D8%B1%D9%8A%D8%B7%D8%A7%D9%86%D9%8A%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%A7%D8%AA/
Today at 8:13 am by Rocky
» Experts: Activating the industrial and agricultural sectors stops 80% of imports
Today at 8:12 am by Rocky
» Central Bank sales exceed $245 million today
Today at 8:09 am by Rocky
» Today's newspapers are interested in Al-Sudani's assertion that the state of stability achieved in I
Today at 6:16 am by Rocky
» Al-Badran: The reason for postponing the Basra Council session is to give members sufficient time to
Today at 6:14 am by Rocky
» The Contractors Registration and Classification Committee at the Ministry of Planning completed more
Today at 6:13 am by Rocky
» Parliamentary Foreign Affairs: We discussed these files with the Romanian Senate
Today at 6:12 am by Rocky
» Baghdad Investment Authority to / Nina /: We will adopt future programming to implement projects and
Today at 6:10 am by Rocky
» Their arms are "electronic flies"... Personalities who lost their positions seek to stir up strife b
Today at 6:08 am by Rocky
» Decrease in dollar exchange rates in morning trading in Baghdad markets
Today at 6:06 am by Rocky
» An international organization: Plans to enhance the livelihood of affected displaced and returning f
Today at 6:04 am by Rocky
» Dozens of factories are halted... Industry: We went into partnership with the private sector to rest
Today at 6:03 am by Rocky
» The Iraqi Communist criticizes the decision to abolish the Kurdistan Parliament quota: positive disc
Today at 6:01 am by Rocky
» Al-Sudani confirms Iraq's aspiration for the participation of Azerbaijani companies in construction
Today at 6:00 am by Rocky
» An initiative by the President of the Republic to solve the problem of the region’s salaries
Today at 5:59 am by Rocky
» The Kurdistan government complains about Baghdad’s finances: It is ready to pay 59% of the salaries
Today at 5:58 am by Rocky
» Al-Khanjar: The Democratic boycott of the elections puts the future of Iraq in danger
Today at 5:55 am by Rocky
» Iraq is ranked seventh in the Arab world and 33rd globally in the misery index
Today at 5:54 am by Rocky
» Trade announces the achievement of self-sufficiency in ration card materials
Today at 5:52 am by Rocky
» Finance releases funding for state employees’ salaries for the month of March
Today at 5:51 am by Rocky
» Elon Musk: 20 seats won by Biden and his party with the votes of “illegal immigrants”
Today at 5:50 am by Rocky
» A "paradigm shift" awaits the regions of the belt and outskirts of Baghdad
Today at 5:47 am by Rocky
» “Speicher and Malwiya Fund”..Parliamentary Finance talks about “illegal fees” in state departments
Today at 5:46 am by Rocky
» Government admission of the failure of the meter campaign: Generators’ compliance is “almost non-exi
Today at 5:44 am by Rocky
» Iraq is proceeding with the zero nuclear reactor project.. Find out its details
Today at 5:42 am by Rocky
» The decision to “reduce exports”... “unplanned” production for Kurdistan will cost Baghdad half a bi
Today at 5:41 am by Rocky
» The powers of Kurdistan.. The Federal Court confirms its commitment to what was agreed upon by the “
Today at 5:39 am by Rocky
» Launching funding for state employees’ salaries for the month of March
Today at 5:38 am by Rocky
» Iraq and Syria top the "least safe" Arab countries
Yesterday at 8:23 am by Rocky
» Governor of Baghdad: 20 projects will be included during the current year in the city of Nahrawan
Yesterday at 8:20 am by Rocky
» More than $242 million in central bank sales today
Yesterday at 8:17 am by Rocky
» Advisor: Sudanese is determined to close the displacement file
Yesterday at 8:14 am by Rocky
» Al-Sudani: The implementation of the 2023 budget witnessed a success that must be invested in
Yesterday at 8:13 am by Rocky
» The Baghdad Council will decide on the nomination of the committees in the coming days
Yesterday at 8:10 am by Rocky
» Al-Samarrai: The Sunni community is not in favor of removing American forces
Yesterday at 8:08 am by Rocky
» A warning from Al-Rasheed to those wishing to apply for advances and loans
Yesterday at 8:06 am by Rocky
» Azerbaijan expresses its desire to participate in the implementation of joint projects in the oil an
Yesterday at 8:05 am by Rocky
» Fuel cards arouse citizens' discontent
Yesterday at 8:03 am by Rocky
» utube 3/18/24 MM&C Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rat
Yesterday at 6:21 am by Rocky
» utube MM&C 3/16/24 0:05 / 18:16 Iraq Federal Court Brings - Strength to Financial - Politic
Yesterday at 6:18 am by Rocky
» MM&C 3/18/24 Sudanese Advisor: Iraq will leave government monetary dealing in mid-2024
Yesterday at 6:17 am by Rocky
» A delegation from the Kurdistan government visits Baghdad to discuss the issue of localization of sa
Yesterday at 6:11 am by Rocky
» Director of the Central Oil Company: We are keen to provide the appropriate investment environment
Yesterday at 6:10 am by Rocky
» The Energy Parliament calls for reporting generators violating government pricing
Yesterday at 6:08 am by Rocky
» A representative reveals the fate of the laws of “previous sessions”
Yesterday at 6:07 am by Rocky
» Politician: Coordination holds the keys to resolving the “Parliament Presidency” conflict
Yesterday at 6:05 am by Rocky
» Al-Sudani: Iraq wants to carry out its peaceful activity in the field of atomic energy
Yesterday at 6:04 am by Rocky
» Including a minister and a parliamentarian... 38 arrest and recruitment orders were issued against t
Yesterday at 6:02 am by Rocky
» Integrity: Citizens’ cooperation resulted in detecting inflation and returning state funds
Yesterday at 6:01 am by Rocky
» Agriculture presents 97 projects to the Ministerial Council for the Economy
Yesterday at 5:59 am by Rocky
» Al-Sudani: We succeeded in implementing the 2023 budget, and we must continue to complete economic p
Yesterday at 5:58 am by Rocky
» Labor adopts new mechanisms to reduce the phenomenon of begging
Yesterday at 5:57 am by Rocky
» Electronically.. directing the collection of fees tomorrow in an Iraqi governorate
Yesterday at 5:56 am by Rocky
» Held in Brussels.. Iraq receives an official invitation to attend the Nuclear Energy Summit
Yesterday at 5:55 am by Rocky
» Kurdistan has been paralyzed. There has been no liquidity in hand for 50 days, and the truth has bee
Yesterday at 5:53 am by Rocky
» The dollar continues to decline against the Iraqi dinar on the stock exchange and exchange offices
Yesterday at 5:52 am by Rocky
» The Minister of Oil reveals the reasons for Shell’s withdrawal from Nebras: It will be divided into
Yesterday at 5:51 am by Rocky
» The Housing Fund advises loan applicants and launches a link for inquiries
Yesterday at 5:50 am by Rocky
» He stressed that the government’s vision is to make one class not exceed 25 students...Government me
Yesterday at 5:48 am by Rocky
» Al-Hakim and Al-Halbousi stress the importance of choosing a speaker for Parliament in accordance wi
Yesterday at 5:47 am by Rocky
» Iron and Steel Company: Iraq is on the verge of a major industrial revolution
Yesterday at 5:46 am by Rocky
» Economists: Citizens still prefer cash transactions over electronic transactions
Yesterday at 5:45 am by Rocky
» The compass of Iraq's foreign policy in a world of turbulent polarization
Yesterday at 5:43 am by Rocky
» Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there
Yesterday at 5:42 am by Rocky
» Integrity calls on citizens to report the inflation of funds in the sector of the Ministry of Labor
Yesterday at 5:40 am by Rocky
» Al-Sudani directs the launch of initiatives for young businessmen and investors
Yesterday at 5:38 am by Rocky
» Representative agriculture emphasizes taking supportive measures for the local product
Yesterday at 5:37 am by Rocky
» An economist calls on the government to support and stimulate the private sector
Yesterday at 5:36 am by Rocky
» Al-Ittihad: Employees and retirees in Kurdistan paid the price of political differences with Baghdad
Yesterday at 5:34 am by Rocky
» Al-Samarrai and Al-Hakim discuss the importance of achieving political and constitutional entitlemen
Yesterday at 5:32 am by Rocky
» Only 23 million dunums. Iraq exploits approximately 50% of its arable land
Yesterday at 5:30 am by Rocky
» Türkiye considers it a political issue.. Where have the negotiations reached regarding Iraq’s water
Yesterday at 5:29 am by Rocky
» Sudanese receives an invitation to attend the Nuclear Energy Summit in Brussels - Urgent
Yesterday at 5:27 am by Rocky
» Central Bank sales exceed $240 million today
Sun Mar 17, 2024 7:52 am by Rocky
» Parliamentary Finance calls on the government to expedite sending the 2024 budget to Parliament
Sun Mar 17, 2024 7:47 am by Rocky
» ‘We’re So Sick of It’: Northern Border Crisis Gets Worse
Sun Mar 17, 2024 7:35 am by Bama Diva
» A representative holds Kurdistan responsible for the faltering legislation of the oil and gas law
Sun Mar 17, 2024 6:27 am by Rocky
» Warnings of the danger of the increase in foreign labor in Iraq
Sun Mar 17, 2024 6:26 am by Rocky
» Iraq's oil exports to America decreased within a week
Sun Mar 17, 2024 6:25 am by Rocky
» Al-Sudani chairs an “important” meeting to form the Kirkuk government
Sun Mar 17, 2024 6:23 am by Rocky
» Investment confirms the adoption of a new method in new residential cities and explains its details
Sun Mar 17, 2024 6:21 am by Rocky
» For the first time in 2024.. exchange rates fall to the threshold of 149 thousand in Baghdad
Sun Mar 17, 2024 6:19 am by Rocky
» Including gold.. An increase in exports of 3 Turkish products to Iraq during 2024
Sun Mar 17, 2024 6:18 am by Rocky
» A detailed integrity report regarding the Housing Fund... called for this matter
Sun Mar 17, 2024 6:17 am by Rocky
» Resources count the number of trespassers in Baghdad.. What about restaurants?
Sun Mar 17, 2024 6:16 am by Rocky
» At a cost of approximately two billion dinars... determining the completion rates achieved in the Ma
Sun Mar 17, 2024 6:15 am by Rocky
» Parliament awaits the “Cabinet of Ministers” law
Sun Mar 17, 2024 6:14 am by Rocky
» Provincial councils return after an absence with a heavy legacy
Sun Mar 17, 2024 6:13 am by Rocky
» Iraq is the axis and meeting point of East and West
Sun Mar 17, 2024 6:11 am by Rocky
» One million beneficiaries of health insurance early next May
Sun Mar 17, 2024 6:10 am by Rocky
» Parliamentary Finance: Delaying the budget had a negative impact on the performance of the ministrie
Sun Mar 17, 2024 6:09 am by Rocky
» The chaos of urban expansion threatens the agricultural character of Diwaniyah
Sun Mar 17, 2024 6:08 am by Rocky
» A project to plant Japanese trees in Erbil
Sun Mar 17, 2024 6:07 am by Rocky
» A team to prepare the national strategy for national security in Kirkuk
Sun Mar 17, 2024 6:06 am by Rocky
» Next Tuesday...concluding a contract to expand the basic design of the city of Mosul
Sun Mar 17, 2024 6:04 am by Rocky
» A festival to reduce food prices in Mosul
Sun Mar 17, 2024 6:03 am by Rocky
» Technical committees between Baghdad and Erbil to resume oil exports through Türkiye
Sun Mar 17, 2024 6:02 am by Rocky
» A model of economic diversification
Sun Mar 17, 2024 6:01 am by Rocky
» Variation in the extent to which Iraq was affected by the decision to reduce the credit rating of {T
Sun Mar 17, 2024 6:00 am by Rocky