Brexit is bringing in its wake higher costs and capital losses and is bound to have a negative impact on the UK’s economic future.
“Brexit is a process, not an event,” contends Sir Ivan Rogers, the UK’s former representative to … Read the rest
European Union is in Control of Brexit
Recall the “Leave” campaign’s repeated slogan in the June 2016 Brexit Referendum: “Take back control”.
Almost three years after a majority of UK voters chose to leave the European Union, Parliament has created the irony of ironies. It is the … Read the rest
Central Banks’ easy money bolster markets & debt soars- BIS
Global markets, albeit jittery, have recovered sharply this year as investors and traders believe that monetary ease will continue.
“The very gradual monetary tightening process is on pause and has become less predictable,” says Claudio Borio, Head of the Bank … Read the rest
Good chance MPs will vote for May’s Brexit deal
Latest political developments raise chances that Brexit zealots will back Theresa May’s Brexit deal. UK MPs must either accept likely adjustments to May’s withdrawal deal or vote for a Brexit delay.
This choice raises the chances of a victory for … Read the rest