logo
  • National

    National

    Groups urge energy body to cancel pending PSAs
    • 2/15/2019 5:33:58 PM
    • 224

    Groups urge energy body to cancel pending PSAs

    Hunter pays $110,000 to kill, pose with rare mountain goat in Pakistan
    • 2/14/2019 2:29:13 PM
    • 22

    Hunter pays $110,000 to kill, pose with rare mountain goat in Pakistan

    Phoenix-CNOOC venture eyes PNOC as partner in natural gas plan in Batangas
    • 2/15/2019 5:31:06 AM
    • 16

    Phoenix-CNOOC venture eyes PNOC as partner in natural gas plan in Batangas

    Rappler to study NBI's 'security issues' in Ressa's arrest — lawyer
    • 2/14/2019 8:33:06 PM
    • 15

    Rappler to study NBI's 'security issues' in Ressa's arrest — lawyer

  • World

    World

    Asian shares waver as China, US begin trade negotiations
    • 2/14/2019 5:31:40 PM
    • 4

    Asian shares waver as China, US begin trade negotiations

    A world without The Beatles teased in 'Yesterday' trailer
    • 2/14/2019 8:34:42 PM
    • 2

    A world without The Beatles teased in 'Yesterday' trailer

    World stocks slip with few leads from US-China talks
    • 2/15/2019 8:37:21 PM
    • 2

    World stocks slip with few leads from US-China talks

    Casey Affleck's new film explores fatherhood in world without women
    • 2/16/2019 2:37:27 AM
    • 2

    Casey Affleck's new film explores fatherhood in world without women

  • Business

    Business

    Insurance Commission allows insurers to invest in infrastructure projects
    • 2/15/2019 12:36:20 AM
    • 42

    Insurance Commission allows insurers to invest in infrastructure projects

    Jollibee nets 17% more in 2018, doubles 2019 capex
    • 2/15/2019 12:36:31 AM
    • 18

    Jollibee nets 17% more in 2018, doubles 2019 capex

    Dennis Uy-led PH Resorts Group Inc. readies follow-on offering at lower price
    • 2/16/2019 12:32:25 AM
    • 7

    Dennis Uy-led PH Resorts Group Inc. readies follow-on offering at lower price

    PNB extends P11.5-billion loan to Bloomberry
    • 2/16/2019 12:32:14 AM
    • 6

    PNB extends P11.5-billion loan to Bloomberry

  • Sport

    Sport

    Jolo virtual ch Gabasa takes charge
    • 2/14/2019 2:30:35 PM
    • 6

    Jolo virtual ch Gabasa takes charge

    Rondina, Pons opt for beach volleyball in SEAG
    • 2/14/2019 11:33:08 AM
    • 5

    Rondina, Pons opt for beach volleyball in SEAG

    David Thompson, Candace Parker among NBA dunk contest judges
    • 2/14/2019 3:37:13 PM
    • 5

    David Thompson, Candace Parker among NBA dunk contest judges

    Cignal-Ateneo routs Go for Gold-CSB in PBA D-League opener
    • 2/14/2019 5:34:54 PM
    • 5

    Cignal-Ateneo routs Go for Gold-CSB in PBA D-League opener

  • Entertainment

    Entertainment

    Ronnie Ricketts returns in action film 'Exit Point'
    • 2/15/2019 12:37:48 AM
    • 6

    Ronnie Ricketts returns in action film 'Exit Point'

  • Opinion

    Opinion

    A tradition of violence
    • 2/15/2019 12:30:57 AM
    • 2

    A tradition of violence

    Snakes and crocodiles
    • 2/16/2019 12:36:30 AM
    • 2

    Snakes and crocodiles

  • Lifestyle

    Lifestyle

    State-run app allowing Saudi men to track women slammed by critics
    • 2/14/2019 2:29:34 PM
    • 54

    State-run app allowing Saudi men to track women slammed by critics

    Duterte threatens to slap ex-senator for spreading rumors on his health
    • 2/14/2019 11:31:26 PM
    • 4

    Duterte threatens to slap ex-senator for spreading rumors on his health

    No bread, no life
    • 2/14/2019 8:27:56 AM
    • 3

    No bread, no life

    SWS: 51% of Filipinos are happy with their love life
    • 2/14/2019 5:31:58 AM
    • 2

    SWS: 51% of Filipinos are happy with their love life

  • Video

    Video

    Kartik Aryan wants to HUG Sara Ali Khan | Valentines Week
    • 2/14/2019 6:16:12 AM
    • 8

    Kartik Aryan wants to HUG Sara Ali Khan | Valentines Week

    Kapuso Mo, Jessica Soho: Manananggal sa Pangasinan?
    • 2/14/2019 1:00:42 PM
    • 8

    Kapuso Mo, Jessica Soho: Manananggal sa Pangasinan?

    Switch It Down Dance Challenge | Nhikzy Calma x Daddy Yow x Mommy Yow #FamilyGoals
    • 2/14/2019 9:39:18 PM
    • 8

    Switch It Down Dance Challenge | Nhikzy Calma x Daddy Yow x Mommy Yow #FamilyGoals

    Triumph Speed Twin | First Ride | Motorcyclenews.com
    • 2/14/2019 6:17:05 AM
    • 7

    Triumph Speed Twin | First Ride | Motorcyclenews.com

World

http://www.24pilipinas.com/world/no-deal-brexit-could-cost-600000-jobs-worldwide-study/85737-news
No-deal Brexit 'could cost 600,000 jobs worldwide': study
  • 2/11/2019 11:20:35 PM
  • 5

No-deal Brexit 'could cost 600,000 jobs worldwide': study

FRANKFURT AM MAIN, Germany — A British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published Monday found.

Researchers at the IWH institute in Halle, eastern Germany, examined what would happen if UK imports from the remaining EU fell 25 percent after Brexit.

They reckoned that some 103,000 jobs would be under threat in Europe’s largest economy Germany and 50,000 in France.
Being affected by Brexit would not necessarily mean workers were laid off, the economists noted.

“Given the lack of skilled labour in many advanced economies, firms could also try to keep staff on by cutting hours or opening new markets,” they said.

It is so far uncertain whether Britain will strike a deal with the EU before its legally-binding exit date of March 29, after a huge majority of lawmakers last month voted down Prime Minister Theresa May’s painstakingly-negotiated accord with Brussels.

A “hard” departure without a deal would see tariffs imposed at the border, “tangling up global supply chains,” study co-author Oliver Holtemoeller said in a statement.

The economists focused only on trade in goods and services, leaving out other possible economic impacts of Brexit like changes to investment flows.

They noted that “since markets are linked up across the globe, suppliers based outside the European Union are also affected” by a no-deal Brexit.

Within the 27 remaining EU countries, a total of almost 180,000 posts at firms directly exporting to the UK would be at risk.

But 433,000 more workers in the EU and around the world would be affected, as their employers sell to companies who in turn export to Britain.

For example, the study found some 60,000 workers in China and 3,000 in Japan could lose their jobs.

In the UK, the study turned up around 12,000 jobs dependent on supplying EU firms with inputs for products which are then sold back to Britain.

But a study published early last year by research firm Cambridge Econometrics estimated that a total of 500,000 British jobs would be at risk if there is no deal.

In European powerhouse Germany, the vital car industry would be the worst affected with 15,000 jobs, many of them in Volkswagen company town Wolfsburg and at BMW’s factory in Dingolfing.

By contrast, France’s service sector would be the worst hit, the IWH study found. /ee

  • No-deal Brexit 'could cost 600,000 jobs worldwide': study
  • No-deal Brexit 'could cost 600,000 jobs worldwide': study
  • No-deal Brexit 'could cost 600,000 jobs worldwide': study

Related News

Andanar: No public funds wasted in European press freedom caravan
  • 2/18/2019 8:44:03 PM

Andanar: No public funds wasted in European press freedom caravan

World stocks mixed ahead of further China-US trade talks
  • 2/18/2019 8:44:03 PM

World stocks mixed ahead of further China-US trade talks

Poe: No need for PCOO's press freedom caravan in Europe
  • 2/18/2019 2:43:52 PM

Poe: No need for PCOO's press freedom caravan in Europe

World bishops head to Vatican for sex abuse summit
  • 2/17/2019 2:41:25 PM

World bishops head to Vatican for sex abuse summit

Asian shares mostly higher on US-China trade deal optimism
  • 2/13/2019 2:28:07 PM

Asian shares mostly higher on US-China trade deal optimism

World's top supplier of used heavy machinery expands in Subic
  • 2/16/2019 11:36:39 PM
  • 11

World's top supplier of used heavy machinery expands in Subic

Europeans fire back at criticism from US over Iran
  • 2/16/2019 8:38:34 AM
  • 4

Europeans fire back at criticism from US over Iran

Lakers' Kyle Kuzma wins MVP as Team US tops World in NBA Rising Stars
  • 2/16/2019 2:32:36 PM
  • 3

Lakers' Kyle Kuzma wins MVP as Team US tops World in NBA Rising Stars

Fashion world descends on London for fashion week shows
  • 2/16/2019 8:39:20 PM
  • 2

Fashion world descends on London for fashion week shows

Turkey was the fastest-growing destination in Europe in 2018
  • 2/17/2019 2:39:57 PM
  • 2

Turkey was the fastest-growing destination in Europe in 2018

Asian shares waver as China, US begin trade negotiations
  • 2/14/2019 5:31:40 PM
  • 4

Asian shares waver as China, US begin trade negotiations

A world without The Beatles teased in 'Yesterday' trailer
  • 2/14/2019 8:34:42 PM
  • 2

A world without The Beatles teased in 'Yesterday' trailer

World stocks slip with few leads from US-China talks
  • 2/15/2019 8:37:21 PM
  • 2

World stocks slip with few leads from US-China talks

Latest News

How to Train Your Dragon 3:  Dean DeBlois Discusses the Trilogy
Video
  • 2/19/2019 4:06:38 AM
  • 0

How to Train Your Dragon 3: Dean DeBlois Discusses the Trilogy

Kapil Sharma shows TANTRUM, upsets Fan over Selfie | FilmiBeat
Video
  • 2/19/2019 3:43:38 AM
  • 0

Kapil Sharma shows TANTRUM, upsets Fan over Selfie | FilmiBeat

BLACKPINK - Boombayah Mr Removed 160814
Video
  • 2/19/2019 3:43:38 AM
  • 0

BLACKPINK - Boombayah Mr Removed 160814

Home and Away 7041 18th February 2019
Video
  • 2/19/2019 3:43:37 AM
  • 0

Home and Away 7041 18th February 2019

Biography: Cardi B
Video
  • 2/19/2019 3:43:37 AM
  • 0

Biography: Cardi B

Shamita Shetty trolled for allegedly being rude to fan
Video
  • 2/19/2019 3:43:37 AM
  • 0

Shamita Shetty trolled for allegedly being rude to fan

Home and Away 18th February 2019 | Home and Away 18th February 2019 | Home and Away 18th February 2019 | Home and Away | Home and Away February 18th 2019 | Home and Away 18-02-2019 | Home and Away 18-2-2019 | Home and Away
Video
  • 2/19/2019 3:18:36 AM
  • 0

Home and Away 18th February 2019 | Home and Away 18th February 2019 | Home and Away 18th February 2019 | Home and Away | Home and Away February 18th 2019 | Home and Away 18-02-2019 | Home and Away 18-2-2019 | Home and Away

Lena Headey to troll: Go f*ck yourself
National
  • 2/19/2019 2:47:07 AM
  • 0

Lena Headey to troll: Go f*ck yourself

'Supergirl' costars get engaged
National
  • 2/19/2019 2:47:06 AM
  • 0

'Supergirl' costars get engaged

Jeremy Miado out to prove quick KO no fluke in rematch vs Thai foe
National
  • 2/19/2019 2:47:06 AM
  • 0

Jeremy Miado out to prove quick KO no fluke in rematch vs Thai foe

Pink 'embarrassed' about receiving H'wood Walk of Fame star
National
  • 2/19/2019 2:47:06 AM
  • 0

Pink 'embarrassed' about receiving H'wood Walk of Fame star

Winwyn: Breakup with Mark no gimmick
National
  • 2/19/2019 2:47:06 AM
  • 0

Winwyn: Breakup with Mark no gimmick

Player of the Week: James Yap clutch as Rain or Shine stays on top
National
  • 2/19/2019 2:47:05 AM
  • 0

Player of the Week: James Yap clutch as Rain or Shine stays on top

Fil-Am R&B singer H.E.R. ready to 'dream bigger' after double Grammy win
National
  • 2/19/2019 2:47:05 AM
  • 0

Fil-Am R&B singer H.E.R. ready to 'dream bigger' after double Grammy win

Joey G recalls years as a struggling singer
National
  • 2/19/2019 2:47:05 AM
  • 0

Joey G recalls years as a struggling singer

RANKED: Best Netflix Original Movies for Early 2019
Entertainment
  • 2/19/2019 2:47:05 AM
  • 0

RANKED: Best Netflix Original Movies for Early 2019

Amazon Fire 7 Tablet Review: Alexa Makes Her Debut on Tablets
National
  • 2/19/2019 2:47:04 AM
  • 0

Amazon Fire 7 Tablet Review: Alexa Makes Her Debut on Tablets

Poe to DICT: Stop 'dilly-dallying' over 3rd telco project
National
  • 2/19/2019 2:47:04 AM
  • 0

Poe to DICT: Stop 'dilly-dallying' over 3rd telco project

Year in Space Put US Astronaut's Disease Defenses on Alert
National
  • 2/19/2019 2:47:04 AM
  • 0

Year in Space Put US Astronaut's Disease Defenses on Alert

Global Stocks Rise on Hopes of US-China Trade Deal
National
  • 2/19/2019 2:47:04 AM
  • 0

Global Stocks Rise on Hopes of US-China Trade Deal

Follow

Popular

  • Co-ops hit bid to kill franchises, give new ones to big firms
    National

    Co-ops hit bid to kill franchises, give new ones to big firms

  • Tigresses, Lady Spikers pull off hard-earned wins
    National

    Tigresses, Lady Spikers pull off hard-earned wins

  • Anthony Davis Is the Center of Attention This All Star Weekend
    National

    Anthony Davis Is the Center of Attention This All Star Weekend

  • Controversial 'heritage resort' in Bagac, Bataan, leads National Arts Month celebration
    National

    Controversial 'heritage resort' in Bagac, Bataan, leads National Arts Month celebration

  • Aurora Attacker Used Gun He Shouldn't Have Owned
    National

    Aurora Attacker Used Gun He Shouldn't Have Owned

  • Baguio City groans from too many visitors
    National

    Baguio City groans from too many visitors

  • Koffee with Karan Season 6 Episode 18 - Tiger Shroff
    Video

    Koffee with Karan Season 6 Episode 18 - Tiger Shroff

  • Koffee With Karan - Episode 18 Season 6 *FULL Episode
    Video

    Koffee With Karan - Episode 18 Season 6 *FULL Episode

  • Yasmien Kurdi hurdles thesis defense: 'Ga-graduate na 'ko sa wakas'
    National

    Yasmien Kurdi hurdles thesis defense: 'Ga-graduate na 'ko sa wakas'

  • Police face blank wall on Jose Luis Yulo slay
    National

    Police face blank wall on Jose Luis Yulo slay

  • Top Dunks of the Day - 02/14/2019
    Video

    Top Dunks of the Day - 02/14/2019

  • World Of Dance Philippines: Gtweens - The Qualifiers | Junior Division
    Video

    World Of Dance Philippines: Gtweens - The Qualifiers | Junior Division

  • பாகிஸ்தான் ராணுவ வாகனம் மீது தற்கொலைப்படை தாக்குதல்- வீடியோ
    Video

    பாகிஸ்தான் ராணுவ வாகனம் மீது தற்கொலைப்படை தாக்குதல்- வீடியோ

  • Fire razes high-end auto repair shop
    National

    Fire razes high-end auto repair shop

  • China accuses US of trying to block its tech development
    National

    China accuses US of trying to block its tech development

24pilipinas.com

24pilipinas.com © 2017 Contact Us