OMAHA, Neb. (AP) — The celebration was subdued after Arizona clinched its spot in the College World Series finals. A bunch of players gathered in the outfield grass and tried out some funny dance moves. That was all.
London's financial centre will lose its prized "EU passport" if Britain fails to secure continued access to the bloc's single market in its exit talks, ECB Governing Council member Francois Villeroy de Galhau said on Saturday. Banks based in London, Europe's biggest financial centre, rely on what is called an EU passport to operate across the bloc's capital market unhindered while basing most of their staff and operations outside the euro zone in London.
Italy's Economy Minister Pier Carlo Padoan said on Saturday that Britain's vote to leave the European Union could lead to the Italian economy growing less than initially forecast, with a negative impact on public finances. Italy, the euro zone's third largest economy, has posted weak growth since it emerged from a three-year recession at the start of 2015 and continues to lag the rest of the currency bloc. "We have to be very clear: it can't be ruled out that, following Brexit, for reasons outside our control, the economic picture worsens and we will have less growth," Padoan told the Corriere della Sera daily in an interview.