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 ›
Geopolitics
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 ›
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 ›
Access to EU’s single market, ala Swiss Swiss Style isn’t automatic – French Foreign Minister
Before the negotiations begin, the British need to be clear what they want and who will represent the country in its talk with the EU. Jean-Marc Ayrault, France’s Foreign Minister has stated that Britain needs to decide who will represent… Read More ›
Controls on Paid-for Internet Search Ads Tightened by China
Making it clear which results are paid-for and limiting their numbers, China’s internet regulator said on Saturday that search engines should tighten management of paid-for ads in search results. The Chinese government has already expressed its intention to codify its… Read More ›
Brexit’s impact of Greece
Although officials from Greek’s central banks have said Brexit’s fallout on its economy will be limited, its stock markets have plunged by 28%. Greek’s central bank has notified that Britain’s decision to exit the European Union will have a limited… Read More ›
Brexit Fallout – SNB confirms intervention in forex market
Switzerland’s National Bank has confirmed that it has intervened in the sudden rise of the franc in the wake of Brexit. With Brexit voters choosing to leave the European Union, Switzerland’s central bank has given a rare confirmation that it… Read More ›
British markets plunge on the eve of referendum
London bankers have rarely witnessed the scale of the volatility that is sweeping through Britain’s financial markets. If British voters choose to remain within the EU, the market could perhaps reverse the losses, however if Brexit were to happen …… Read More ›
Volkswagen likely to incur at least $10.3 billion in settlement charges with EPA
The compensation amount of $10.3 billion does not include environmental costs, which could further boost the total cost of the diesel emission scandal. According to 3 sources who are knowledgeable with the matter at hand since they have been briefed… Read More ›
The Legal Nature of UK’s Brexit Referendum
While there has been wide spread reactions to the majority of people in the UK voting to leave the EU, the question that many are asking is whether the Thursday’s referendum on Brexit legally binding. “No” is the simple answer… Read More ›
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