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Semey Revisited: The legacy of nuclear testing in Kazakhstan

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UK filmmaker on fate of unaccompanied minors in Calais

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China's growth slows to lowest level since 2009

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Cameroon's constitutional court hears post-election litigation

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India's #MeToo moment

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India's #MeToo moment: Why women are now calling out sexual harassment

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Objective 'Zero Hunger' 2030: Lambert Wilson and UN's FAO tell us how

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THE BUSINESS INTERVIEW

A weekly interview with a personality from the world of business or economics. Every Thursday at 4.45 pm Paris time.

Latest update : 2015-01-27

Sir Martin Sorrell: Brexit referendum would be ‘very damaging for UK economy’

Sir Martin Sorrell is concerned about the outcome of the British general election. Sorrell, the CEO of WPP, the world's largest advertising company, believes that holding a referendum on leaving the EU would threaten growth in the country. "I can't see foreign companies investing in the UK knowing there is a possibility that we will exit the EU", he told FRANCE 24's Markus Karlsson in Davos. Whether or not the referendum takes place depends on the result of the election.

Sorrell also commented on the European Central Bank's decision to embark on a massive quantitative easing (QE) scheme. He welcomed the move but underlined his view that "structural reform is what's needed" for Europe. “QE helps, certainly in the short to medium term, but all it does is paper over the cracks; it avoids dealing with the fundamental issues", he explained.

By Markus KARLSSON

Archives

1970-01-01 The Business Interview

Will the UK stay in the EU?

The British election wasn't the nail-biter many had expected. The Conservative party won a majority in the House of Commons, which means they will be able to govern on their own....

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1970-01-01 The Business Interview

Eurozone: Is low growth the new norm?

The European recovery is picking up pace. New figures from the European Commission this week suggest that growth in the eurozone will be stronger than first thought, on the back...

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1970-01-01 The Business Interview

Demand for diamonds 'softening': De Beers CEO Mellier

For the past few months, the diamond market has been less than sparkling, forcing mining giant Anglo American, which owns De Beers, to scale down its production targets. However,...

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1970-01-01 The Business Interview

Akinwumi Adesina: 'Real challenge' for African economies is obtaining 'inclusive growth'

Akinwumi Adesina is the outgoing agriculture minister of Nigeria, Africa's largest economy. He is also a candidate to become the next president of the African Development Bank....

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1970-01-01 The Business Interview

'Liberalism is a French tradition', says France's most liberal man

Liberalism is a somewhat dirty word in France. It's often associated with capitalism and the "laissez-faire" of market deregulation that led to the financial crisis. Gaspard...

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