A no-deal Brexit scenario could cause a deep recession, rise in unemployment and further sterling devaluation
In a scenario analysis of the Brexit economic risks, the Bank of England and the UK Treasury said Prime Minister Theresa May’s deal is … Read the rest
Given that the polls are now behind Prime Minister Theresa May and Brexitiers are in disarray, Parliament may eventually vote for an amended deal. Despite that, Brexitiers and the Labour Party could precipitate a no deal crash.
The Organisation For … Read the rest
Global markets continue to struggle following the steep slides in recent weeks.
Applying the 20 per cent or more decline as a bear market definition, several countries are now caught in a vicious downtrend. Even markets that have so far … Read the rest