Carmakers are worried about the possibility of no deal on Brexit with March 2019 deadline approaching.

There are sinister warnings emerging from within the UK car industry over a no deal Brexit, with Nissan boss Carlos Ghosn saying that his firm was ‘in the dark’ over Brexit and hinting that the company could quit the UK. ‘We have said very clearly we want to maintain the competitiveness of the UK,’ said Ghosn yesterday. ‘Obviously for us the stakes are very high, but it’s difficult to tell you what kind of decision we’re going to take without knowing exactly what is Brexit.’ Source Motor1

US, France, Italy and UK concerned about Libyan oilfields

”The governments of France, Italy, the United Kingdom, and the United States are deeply concerned about the announcement that the Ras Lanuf and Sidra oil fields and facilities will be transferred to the control of an entity other than the legitimate National Oil Corporation,” reads a joint statement issued on Wednesday. ”Any attempts to circumvent the UN Security Council’s Libya sanctions regime will cause deep harm to Libya’s economy, exacerbate its humanitarian crisis, and undermine its broader stability,” it added. Source ANSAmed

German inflation surpasses ECB target in June

German inflation surpassed the target set by the European Central Bank for the euro zone in June, the second month in a row it has done so, lending support to the ECB’s decision to close its bond purchase scheme at the end of the year. Data published by the Federal Statistics Office on Thursday showed that EU-harmonised German consumer prices rose 2.1 percent year-on-year. The same measure had increased by 2.2 percent in May. The yearly figure matched a Reuters forecast. Source Euronews