THE New Year begins with the British parliament in gridlock over Brexit. With fewer than 90 days until the UK leaves the European Union on March 29, this impasse is bad both for democracy and the economy.
The way out … Read the rest
Tory Brexit wingers have booted a British own goal
FUTURE historians will wonder why British politicians caused a great nation to self-harm over its European Union membership.
Brexit Tory MPs contend that a sovereign UK needs to be free from the “shackles” of an EU that desperately needs reform. … Read the rest
Merkel may be forced to resign as German Chancellor after likely election
GERMANY is entering a period of deep political and economic uncertainty as there is no guarantee that Angela Merkel will remain Chancellor until the end of her term in 2021.
The 16 per cent decline in the DAX, the German … Read the rest
If the Tories don’t pull together, Labour can gain power
Global markets are ignoring the potential danger of a hard-left Labour election victory in the UK.
For the moment, most international investors are sanguine as the next UK general election is due only in 2022. But the political and economic … Read the rest