With British voters wanting a second referendum perhaps they didn’t really grasp the full meaning and impact of their votes. Lack of investment in education is likely to have played a key role in this regard. As per Tidjane Thiam,… Read More ›
Economy & Finance
Deutsche Bahn analysing various Brexit scenarios
British railway commuters could face increased waiting time in the wake of Brexit. The CEO of Deutsche Bahn, Germany’s state-owned railway operator said business would be significantly hit once Britain triggers article 50 and starts the leaving process as Britain… Read More ›
Brexit questions EU’s irreversibility – Benoit Coeure
Brexit needs a timeline, so as to contain its economic costs. Benoit Coeure, an executive council member of the European Central Bank has termed Brexit as a move which questions the irreversibility of the project of the European Union. “Brexit… Read More ›
Slovakian President – Brexit has little impact on Slovak
Slovakia is one more country whose economy was not significantly ravaged by Brexit. Slovakian Prime Minister, Robert Fico has in a televised address said that Britain’s historic vote is unlikely to have any significant impact on Slovak’s economy. “We feel… Read More ›
ECB’s governing member cites increased recessionary trend for Britain post Brexit
Britain will have to fight off the twin economic evils of recession and inflation once it leaves the safety of the EU. According to Francois Villeroy de Galhau, a member of the Governing Council from European Central Bank, Britain is… Read More ›
Britain’s Office for Budget Responsibility postpones forecast of public finances in Brexit’s wake
Britain will need to address and charter a course for improving its relationship with the world’s largest trading block before it can deal with the aftershock of its historic decision. As per Britain’s independent budget regulator, the publication of next… Read More ›
JP Morgan expects Scotland to have independent currency by 2019
Before Britain triggers Article 50, it needs to factor in the cost and long and near term implications of its decision. As a fallout of Britain’s historic decision to leave the European Union, JP Morgan has disclosed that it expects… Read More ›
Depreciating pound could result in influx of tourists to Britain
Britain which chose to leave EU due to immigrants will now potentially have to deal with an influx of tourists. Unfortunately, with increased tourism comes illegal immigrants. Although Brexit’s seismic shocks have sent massive shock waves in the collective spine… Read More ›
Privileges come with responsibilities, states Angela Merkel to Britain
It would perhaps be wrong for Britain to think that this tough posturing will pass during upcoming negotiations. German’s chancellor Angela Merkel has made it crystal clear to Britain that it will not be allowed to cherry-pick the parts of… Read More ›
Brexit not a Lehman moment – Goldman Sachs
Tough stress tests created by the U.S. Federal Reserve offers some comfort to stressed investors. The stress tests which were created by U.S. regulators in the wake of the 2008 financial crisis could prove their worth in the wake of… Read More ›
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