The United Kingdom can no longer count on the unequivocal support of its allies and the country’s exit from the European Union is already taking a toll on its international clout.
Fair Observer | Leaving the European Union is not that simple. Having pulled off a last-minute agreement with the European Commission to move forward, Brexit Britain is feeling the burn this winter. The next stage is the big one: future trade relations. If all goes well, the talks should be coming to a close by fall 2018.
The City’s conclusion is that, in relation to their size, the US private equity firms could dedicate more time and deploy more capital in Europe, to the benefit of everyone. But these firms still have doubts about the future of the Eurozone after Brexit. Other non-US and non-European actors are grabbing those opportunities reticent US investors are letting pass by.
Union Bancaire Privée (UBP) | Most analysts and economists believe global growth will remain solid, despite political and geopolitical uncertainties, in the second half of 2017. Economics and corporate earnings will be the main drivers for the markets.
Spain is well on track for another record tourism year after welcoming 36.3 million tourists in the first half of 2017, a 11.6% increase from a year earlier, according to the Tourist Movement on Borders (Frontur) survey, released by the National Statistics Institute.
Nick Ottens via Atlantic Sentinel | A year has passed since Britain voted to leave the European Union and huge questions remain unanswered. For example, what’s going to happen to Britain’s £700 billion trade with the EU? or how many planes will be allowed to fly across the Channel once Britain exits Europe’s open-skies regime?
UK Prime Minister Theresa May’s call for a general election on June 8 is a very important coup for the Brexit process. It assumes these elections will allow her to bring together a lot of favourable intent, when the opposition is trying to find itself. With her majority reinforced, she will be in a stronger position to negotiate the Brexit deal.
By Alexander Coward|While it was a tragic day for those whimsical souls who see the lie in the notion of Britain being a modern great power, recognizing its status as a medium-sized country that used to have an empire, when Article 50 was triggered on March 29 it was not a sad day for Europe.
As the Easter week holiday kicks off, the positive outlook for Spain’s tourism and hotel sector augurs yet another record-beating season. During this week, the occupancy rate in some tourism areas in Andalucia will be almost 100%, while on the islands nearly 90% occupancy is predicted.