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By Sarah Young LONDON (Reuters) - UK housebuilders have lost as much as 40 percent of their value since Britain voted to leave the EU, as the threat of recession erased their standing as safe haven stocks. About 8 billion pounds has been wiped off the market capitalisation of the country's four biggest housebuilders, Taylor Wimpey, Persimmon, Barratt and Berkeley, since the result of Thursday's referendum. "You've gone from certainty and clarity and confidence to a complete lack of," Shore Capital analyst Robin Hardy said.
The number of foreign tourists visiting Tunisia fell sharply again in the first half of this year, official data showed on Monday, a day after the North African nation marked the first anniversary of an attack by an Islamist gunman who killed 38. The gunman killed his victims, mostly British holidaymakers, on a beach in the resort of Sousse on June 26, 2015, in an attack that dealt a heavy blow to Tunisia's tourism industry, which accounts for eight percent of national output. The Tourism Ministry data showed the number of foreign tourists fell by 21.5 percent in the first six months of 2016 compared to the same period last year.
BERLIN (Reuters) - There will be no informal discussions between Britain and the European Union before the British government has invoked formal divorce proceedings by making the Article 50 request, a German government spokesman said on Monday. "One thing is clear: before Britain has sent this request there will be no informal preliminary talks about the modalities of leaving," Steffen Seibert, spokesman for Chancellor Angela Merkel, told a regular news conference. ...