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UK plans expansion of diplomatic network post-Brexit - Reuters

Reuters reports that the UK Foreign Secretary Jeremy Hunt is likely to announce on Wednesday, a plan to expand the British diplomatic network once the UK leaves the European Union (EU) early next year.

According to advance extracts, as cited by Reuters, Hunt will say in the speech entitled “Britain’s role in the world after Brexit,” “our democratic values are arguably under greater threat than at any time since the fall of the Berlin Wall ... we can use our influence, reach and power to defend our values.”

“We must reinvigorate and expand British diplomacy,” he adds.

Further Details:

Britain is to hire nearly 1,000 more diplomatic staff.

They will comprise 335 new positions overseas, 328 in London and 329 new local staff around the world.

It will also create 12 new posts, either embassies or missions, with a new embassy in Djibouti and the upgrading of the office in Chad to a full embassy.

Turkey’s FinMin Albayrak: Turkish economy normalizing after 'attacks' from abroad

Turkish Finance Minister Berat Albayrak was quoted by broadcaster CNN Turk, as saying that Turkey’s economy began to normalize this month, Reuters rep
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EUR/JPY Technical Analysis: Higher lows favor test of key trendline hurdle

Hourly Chart Trend: Bullish EUR/JPY Overview:     Last Price: 128.39     Daily change: 5.0 pips     Daily change: 0.0390%     Daily Open: 128.34
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