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January, 17, 2017

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Business > Europe
Poland's lawmakers reversed course on Wednesday and approved a bill that lowers the minimum age for retirement despite questions about financing the new system.
 
Sky-blue diamond, sky-high price
This file photo taken on Nov. 9 shows the Sky Blue Diamond, a fancy, vivid blue diamond ring created by Cartier, during a press preview by Sotheby's Auction House in Geneva. The 8.01-carat diamond was auctioned at the Magnificent Jewels & Noble Jewels auction in Geneva on Wednesday, Nov. 16. It sold for a cool US$17.1 million.
 
France's unemployment rate rose 0.1 percentage points to 9.7 percent in the third quarter after a significant mid-year drop, the statistics office announced Thursday.
 
Maverick Macron enters French presidential race
Thirty-eight-year-old outsider Emmanuel Macron on Wednesday joined an increasingly unpredictable race for the French presidency, vowing to take on "the same men and the same ideas" that dominate national politics.
 
Eurogroup chief Jeroen Dijsselbloem has dismissed as "intellectually impossible" the notion that Britain could retain unfettered access to the European single market while also cutting down on EU immigration.
 
The EU said Wednesday that draft budgets from Italy and seven other eurozone countries risk breaking the bloc's rules, setting up a row with Prime Minister Matteo Renzi ahead of a crucial referendum.
 
Britain's jobless rate dipped to 4.8 percent in the three months to the end of September, official data showed Wednesday, as employers appeared to shrug off Brexit concerns.
 
The British government has no overarching plan for Brexit and may take another six months to agree a negotiating strategy, according to a leaked memo published by The Times on Tuesday.
 
German economic growth slowed more sharply than expected in the third quarter, official data showed Tuesday, but analysts see Europe's largest economy bouncing back at year's end.
 
British annual inflation surprisingly slowed in October from a two-year high, data showed Tuesday, but it is widely expected to accelerate in the coming months on the back of Brexit.
 
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