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 […]

IMF wants to spend millions on global trade to reduce populist anger

IMF wants to spend millions on global trade to reduce populist anger

From The Daily Bell World Finance Officials Pledge More Resources to Aid Growth … World finance leaders pledged Saturday to use more resources to try to bolster economic gains as they confront stubbornly slow growth and a rising backlash against globalization. The policy committee for the 189-nation International Monetary Fund said the world has “benefited tremendously from […]

Anyone believe this? : Three-quarters of UK’s CEOs consider moving due to Brexit

Anyone believe this? : Three-quarters of UK’s CEOs consider moving due to Brexit

By Mike “Mish” Shedlock Color me totally totally skeptical on this Bloomberg report: Brexit Leads Three-Quarters of Britain’s CEOs to Consider Moving. The U.K.’s vote to leave the European Union has left more than three-quarters of chief executive officers saying they would consider moving their headquarters or operations outside Britain, according to a survey of […]

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