Search Results for: Brussels
Sterling pushes higher amid optimism over delayed Brexit vote
October 21st, 2019
The British pound erased all of its overnight losses against the dollar on Monday morning, with renewed optimism that U.K. Prime Minister Boris Johnson could soon pass his Brexit deal through Parliament. The currency initially slid 0.6% as markets ...
British pound broke a two-day rising streak
October 8th, 2019
The British pound broke a two-day rising streak and edged lower on Monday as concerns rose that sizeable differences between Britain and the European Union remained for striking a Brexit withdrawal deal. British lawmakers have passed a law requiring ...
US set to impose tariffs on $7.5bn of EU exports; Is there an economic impact?
October 4th, 2019
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle between the US and the EU over illegal subsidies for ...
Dollar gives up gains against most major currencies
September 20th, 2019
The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks. Sterling hits two-month high on Brexit ...
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
Inflationary financing and GDP
August 16th, 2019
This article demonstrates that only government borrowing in the US and UK drives GDP growth. This surprising conclusion is confirmed by long-run statistics. GDP does not represent economic progress, nor does it include the expansion of activity in ...
Casting off the EU millstone
August 7th, 2019
In this article, we look at the implications of the new Johnson government: its strategy, the likely outcome of EU negotiations, and the golden opportunities to reform trade, tax and monetary policies to secure a better future based ...
EU Presidential debate hears call for minimum 18% corporation tax rate across the EU
May 20th, 2019
A debate among the lead candidates for the presidency of the European Commission has heard a call for a minimum 18% corporation tax rate across the EU. The call from the European Regulation Commissioner Frans Timmermans for the 18% ...
$63 Million in fines imposed since GDPR Law went into full effect
May 16th, 2019
GDPR: Europe Counts 65,000 Data Breach Notifications So Far European privacy authorities have received nearly 65,000 data breach notifications since the EU’s new privacy law went into full effect. In addition, regulators in 11 European countries have imposed $63 ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
