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Business English News 37 – Brexit

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Business English News 37 - Brexit & EU Referendum

Unless you have been living under a rock, you know that the people of the UK woke up on June 24 to learn that they had voted in favour of leaving the European Union, otherwise know as Brexit. After an emotional campaign, 33.5 million votes were cast in the referendum with 17.4 million voting for Leave, and 16.1 million for Remain. Months of warnings from both camps focused on both the political and economic ramifications and rewards.

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Business English News 34 – The Sharing Economy

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BEN 34 - The Sharing Economy

Whether it’s ridesharing with Uber, lending your power drill to a neighbor with Peerby, taking advantage of a home exchange with Airbnb, or dozens of other examples, the so-called “sharing economy” is firmly established in our daily life. While the concept has been in place for some time, numerous enterprising groups have found a way to make the most of the current economic environment.

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Business English News 32 – Currency Wars

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Business English News 32 - Currency Wars

In today’s Business English News lesson, we look at how countries are using competitive devaluations of their currencies to stimulate economic growth.

It’s been a wild ride since the global economy welcomed in the New Year, and the scale of global easing that’s taking place has stunned investors. On average, an interest rate has been cut somewhere in the world once every 3 days, catching everyone off guard. If 25 countries cutting rates since the start of the year wasn’t proof enough, this week’s warning from Janet Yellen about the dollar’s strength confirmed that the world’s top central banks are fighting a currency war.

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Business English News 28 – Eurozone Recovery

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Eurozone-Flag

In today’s Business English News lesson, we look at the situation in Europe as the Eurozone begins to recover. Since emerging from its longest-ever recession last summer, the Eurozone recovery has been muted at best. While recent reports show some positive signs, the region still has a long way to go in addressing some of its imbalances.

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