Brexit won’t be painless for U.K., say experts

Brexit won’t be painless for U.K., say experts

While the full economic and political impact of the Brexit referendum remains to be seen a year after Britons voted to leave the European Union, it is clear that the break between the United Kingdom and the 27 other members of the EU will not be painless. In a panel discussion Tuesday at the American […]

Merkel bashes Trump, wants Europe to control its own destiny: EU hypocrites

Merkel bashes Trump, wants Europe to control its own destiny: EU hypocrites

By Mike “Mish” Shedlock German Chancellor Angela Merkel warns the traditional western alliance is threatened by new Donald Trump and Brexit. Her solution: “We Europeans Must Take Our Destiny Into Our Own Hands”. Angela Merkel has suggested Germany and Europe can no longer rely on the US under Donald Trump. Speaking at a campaign event held […]

EU infighting: Merkel and Tusk attack Juncker for sabotaging Brexit negotiations

EU infighting: Merkel and Tusk attack Juncker for sabotaging Brexit negotiations

By Mike “Mish” Shedlock EC vs EC Donald Tusk, president of the European Council went after Jean-Claude Juncker, president of the European Commission for Juncker’s leak of his dinner meeting with UK prime minister Theresa May. Following ill-fated dinner meeting, Juncker phoned Angela Merkel “Theresa May Lives in a Different Galaxy”. Someone, presumably Juncker’s chief of […]

Theresa May calls snap elections, Pound soars: Election coup?

Theresa May calls snap elections, Pound soars: Election coup?

By Mike “Mish” Shedlock UK prime minister Theresa May shocked the UK by calling for snap elections after stating just last month she would not do so. In response, the British Pound soared. The Labour Party is going to get smacked hard in the June election, and May will have free rein to do whatever she wants […]

More ridiculous Brexit discussions regarding “control”: Domino Theory in play?

More ridiculous Brexit discussions regarding “control”: Domino Theory in play?

By Mike “Mish” Shedlock The EU took a tough stance in Brexit negotiations, formalizing previous warnings in negotiating guidelines that European Commission president Donald Tusk sent to 27 EU capitals. Bloomberg notes EU Says U.K. Only Gets Trade Talks After Progress on Brexit Bill. In draft guidelines for the talks released to the bloc’s 27 […]

Bad Brexit deal better than no deal? Mathematical idiocy!

Bad Brexit deal better than no deal? Mathematical idiocy!

Editor note: The British Parliament Wednesday voted to leave the European Union. By Mike “Mish” Shedlock At the top of the list of absurd Brexit advice is the notion that a bad deal is better than no deal. But that’s what Andrew Duff at the European Policy Center says. Drop the Clichés The British side […]

EU orchestra to leave UK for Belgium because of Brexit

EU orchestra to leave UK for Belgium because of Brexit

The effects of Brexit will be felt far and wide, with some of the consequences more expected than others. For example, the impact in the UK’s cultural sector is only just starting to be realised. One of those affected is the European Union Baroque Orchestra, which is having to move from its base near Oxford […]

Another Scotland Independence vote coming up?

Another Scotland Independence vote coming up?

By Mike “Mish” Shedlock In 2014, Scotland held an Independence Referendum on whether or not to braek away from the UK. The “No” side won, with 2,001,926 (55.3%) voting against independence and 1,617,989 (44.7%) voting in favour. The turnout of 84.6% was the highest recorded for an election or referendum in the United Kingdom since […]

Brexit is a religious battle (and you can’t negotiate religion)

Brexit is a religious battle (and you can’t negotiate religion)

By Mike “Mish” Shedlock Lost in the entire debate about when Theresa May should file article 50, and constant bickering about how long Brexit discussions will take, is one simple fact: Brexit is now a religious battle. The EU insists the UK heed to four fundamental principles. Free movement of good Free movement for workers […]

EU seeks €20 billion divorce settlement

EU seeks €20 billion divorce settlement

By Mike “Mish” Shedlock The price of Brexit is high and rising. On top of previous demands such as a “fair but inferior deal” for the UK,  the EU now wants a €20 billion divorce settlement as the UK’s “fair share” of inane projects the UK agreed to as part of the EU. EU officials […]

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