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 ›
Geopolitics
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 ›
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 ›