Global Business Report: Brexit, Bank of Russia, Cartier

The Bank of England decided to keep its interest rate at a historic low, citing concerns about inflation and GDP growth. Barclays' chairman expressed concerns over Brexit, suggesting it could worsen the UK's situation. The Bank of Russia highlighted economic challenges due to low oil prices and increased inflation risks. Richemont, a luxury goods company, reported a decline in sales, particularly in Asia, with a significant drop in Swiss watch exports to Hong Kong.

What is the current key interest rate maintained by the Bank of England?

• 1.5%

• 1.0%

• 0.5%

• 0.25%

What potential risk is the Bank of England monitoring that could affect global growth?

• Political instability

• Market volatility

• Technological advancements

• Natural disasters

According to John McFarlane, what would be the impact of the UK leaving the European Union?

• No change

• Significantly worse

• Slightly better

• Significantly better

What economic challenge is Russia facing according to the deputy governor of the Bank of Russia?

• High unemployment

• Low oil prices

• Rising interest rates

• Trade embargoes

What was the percentage decline in Swiss watch exports to Hong Kong in November?

• 10%

• 15%

• 28%

• 35%