Search Results for: Brussels
The psychology of systemic consensus
November 16th, 2018
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...
British Pound rallies on hopes for a UK customs deal Brexit agreement
November 6th, 2018
The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. The currency was lifted by the Sunday Times report ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
Stocks in Asia retreated at the start of the week; Key financial events coming up this week
November 5th, 2018
Stocks in Asia retreated at the start of the week after optimism over a potential U.S.-China trade deal ebbed in recent days. The yuan dropped, drawing little help from Chinese President Xi Jinping’s pledges to ease trade barriers. Shares ...
The Pound is under pressure as market rushes to buy options protecting against ‘No Deal’ Brexit
October 31st, 2018
The British Pound is suffering fresh losses taking it back to October lows against the Euro and two-month lows against the U.S. Dollar. The impasse in Brexit negotiations remains front-and-centre for foreign exchange markets with little near-term attention being ...
Sterling falls to seven-week low
October 25th, 2018
The pound fell to a seven-week low on Wednesday before British Prime Minister Theresa May was due to meet Conservative Party lawmakers, some of whom have discussed toppling her in anger at her Brexit negotiations. May is seeking to ...
Top EU banks guilty of multi-billion tax fraud
October 23rd, 2018
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and Santander – the largest lenders in Germany and Spain. They ...
Sterling rises before EU summit
October 17th, 2018
The pound rose towards $1.32 on Tuesday as investors prepared for a European Union summit where diplomats will try to pave the way for an agreement on Brexit. Traders have been unwinding short positions on sterling, in part because ...
Here’s what to watch in European stocks
October 16th, 2018
Here’s what to watch ahead of the market open in Europe: Brexit Both U.K. Prime Minister Theresa May and French President Emmanuel Macron struck conciliatory tones ahead of a European Union summit on Brexit on Wednesday. Brussels, too, sounded more ...
Will Britain ever manage to leave “Hotel California”?
October 1st, 2018
ast thing I remember, I was Running for the door I had to find the passage back to the place where I was before “Relax” said the night man, “We are programmed to receive. You can check out any ...
