Euro zone’s trade boomed in May with both exports and imports of goods to the rest of the world growing markedly.The European Union, the world’s main trader, also saw its trade increase with all its main partners, with a surge of exchanges with Russia despite economic sanctions on Moscow. Eurostat said on Friday the 19-country currency area in May exported goods worth 189.6 billion euros (167.08 billion pounds) to the rest of the world, an increase by 12.9 percent on the year. Imports also grew yearly by 16.4 percent for a total volume of 168.1 billion euros. Source: Euronews
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The head of MI5 has said Britain is now facing the worst terror threat he has ever seen in his 34-year career. Andrew Parker, director general of the security service, gave a rare public speech, calling the threat “multi-dimensional, evolving rapidly and operating at a scale and pace we’ve not seen before”. Source Evening standard
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