LONDON (Reuters) - Britain’s economy shrank by a record 20.4% between April and June when the coronavirus lockdown was tightest, the largest contraction reported by any major economy so far, with a wave of job losses set to hit later in 2020.
“The PM has asked Foreign Secretary Dominic Raab, who is the First Secretary of State, to deputise for him where necessary,” Downing Street said.
If the emergency measures had not been taken the number of cases would have risen tenfold and it could easily have spun out of control MIT Electrical Engineering and Computer Science Professor Constantinos Daskalakis told Mega television.
At the stroke of midnight in Brussels, the EU lost 15% of its economy, its biggest military spender, and the world’s international financial capital, London.
No one had calculated the repercussions of the lies that were marshaled by the Brexiteers and of the resulting storm in domestic politics
In Germany, which continued to move not only as a locomotive but as a high-speed train when the rest of the Eurozone was trailing, there are more and more voices supporting an exit from the EU, or Dexit.