brexit

Theresa May

UK High Court Ruling Does Not Cancel Brexit

Julis Baer Research | This ruling against May came rather surprisingly and nourished hopes of the Brexit opposition that Parliament would still be able to prevent a Brexit. We however do not believe that Parliament would fully cancel the Brexit, standing up against the majority of voters. Furthermore, the last word is not spoken yet, it will depend on the Supreme Court.


Brexit_VintageTC

The UK Four Months On From Brexit: “The Worst Is Yet To Come”

It’s not even four months since the UK referendum on remaining in the European Union, resulting in the successful vote for what is known as Brexit. The questions on which Great Britain wants to base its exit negotations from March 2017 are being able to maintain all the advantages of an EU member, like the freedom of movement of goods and capital, while still controlling its own borders.


Brexit_VintageTC

Brexit: the market impact is lessening

The impact of Brexit on the markets has gone through different stages. There was the initial upheaval in the wake of the referendum result, which had its maximum effect on June 24 when the Ibex recorded its biggest ever fall. And now the stock market and European public debt yields have recovered to pre-Brexit levels.


27919017435_fd43c87dec_b

Brexit Brings Revolution to Britain

Christina Dykes | On July 2, The Economist had a surprisingly alarmist cover-page heading. “Anarchy in the UK” it read, a claim it justified in an editorial that said the United Kingdom “has seldom looked so wildly off the rails.” Having backed the Remain campaign, the magazine is either a bad loser or it has been blinded by its own narrative. It is not the country that is off the rails—it is the political class. And that has become evident.



brexit

There Is Nothing In Writing On Brexit

After Brexit, what could be more natural than for the UK to strengthen ties with the US than with Europe, which has miraculously survived thanks to the intervention of the Anglo Saxons in two wars in Europe. Perhaps one kind of  Transatlantic Trade and Investment Partnership is dead: but the Europeans cannot stop another one being formed between the US and the UK.


UK elections results

Why Brexit Could Pave The Way To A ‘Stronger and Better Europe’

George Soros via Caixin | Europe’s leaders must seize the moment to push forward reforms that can reshape the EU into an organization that people want to be a part of. Until the British public voted to leave the European Union, the refugee crisis was the greatest problem Europe faced. Indeed, that crisis played a critical role in bringing about the greater calamity of Brexit.


ECB-big

ECB Poised To Keep Rates On Hold

As the Brexit initial turmoil little by little abates, the ECB has no immediate reason for acting. Its room for manoeuvre already seems extremely tight. Running negative rates allows a most limited scope for driving down the money price. The Euro slide provides on its own enough impetus to the economy. The case for further loosening lacks of enough ground. The wait-and-see stance by the Federal Reserve suffices to shore up the ailing pound.


Brexit4

Brexit Talks Could Run Till 2020

The next general election in the United Kingdom will take place in 2020. If the Article 50 notice is served in 2017, it is possible that the process of UK withdrawal from the European Union (EU) will not be concluded before the election. That might allow the UK electorate to take a second look at their decision on June 23 to leave the EU.


spain-public-finances

Perseverare Diabolicum

Last week the Council decided that Spain and Portugal’s recent efforts to reduce deficit were not enough. This lead to the two countries being fined, the first time this happens since the inception of the euro.