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 ›
Geopolitics
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 ›
British car manufacturing industry could be severely affected in case of Brexit
If Brexit were to happen Jaguar Land Rover could face a $1.47 billion in taxes by 2020. According to two sources who are familiar with the matter at hand, Britain’s largest car manufacturer, Jaguar Land Rover, could face the brunt… Read More ›
German foreign minister calls for joint responsibility of EU states to prevent nationalism of single states
Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
Pounds surges ahead of Britain’s referendum
The trend underpins growing investor sentiments that British voters are likely to vote for Britain staying within the EU. With opinion polls showing British voters swinging to opt to remain within the safe confines of the European Union in the… Read More ›
Ipsos Mori telephone poll shows 53% Britons opt for Brexit
The “Leave” movement is gaining momentum as the referendum date gets near. According to a telephone poll conducted by Ipsos MORI 53% of British voters are likely to opt to leave the European Union, in a referendum that is due… Read More ›
Kaspersky discovers xDedic, an e-bay like market for cybercriminals
Here criminals can buy attack tools for as little as $6. Attack /Defence tools against government organisation cost only $15. Security experts have stated that there are markets on the darknet which act like eBay in which black hat hackers… Read More ›
Betfair predicts 62% YES vote in Brexit referendum
The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›