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UK Foreign Chief Attacks Russia Before Moscow Visit

Authored by Alex Gorka via The Strategic Culture Foundation, Boris Johnson arrives in Moscow today to hold talks with his Russian counterpart Sergei Lavrov the next day – the first visit to Russia by a British foreign minister in five years. International security issues are to top the agenda, including North Korea, Iran and regional […]


Who Ya Gonna Fight? Landmark Treaty Signed To Create EU Army

EU leaders formerly endorsed the harmless sounding Permanent Structured Cooperation, or PESCO, pact on Thursday evening in Brussels. After the shock of Brexit, the goal of defence integration was revived by former military foes, Germany and France, supported by Italy and Spain, in a show of EU unity. A similar proposal was blocked by the […]


Financial Times Survey: Banks’ Brexit Relocations By March 2019 Much Lower Than Feared

In the run-up to the recent agreement on phase I of Brexit, there was mixed news on the extent to which jobs in the City of London would be relocated to other European hubs, primarily Frankfurt. On one hand, we discussed the meeting between US Commerce Secretary, Wilbur Ross, and executives of JPM, Goldman, HSBC […]


Theresa May Humiliated As Tory Rebellion Leads To Key Brexit Vote Loss

Prime Minister Theresa May suffered a humiliating defeat for her key Brexit law on Wednesday after pro-European members of her own party openly defied her orders in a vote in Parliament. The vote in the UK Parliament was described as being “knife-edge” with the BBC’s chief political correspondent, Norman Smith, called it a “Big Bananas […]


Trader: UK Does Brexit Best When It Does Nothing At All

From the latest Macro View by current Bloomberg macro commentator and former Lehman trader, Mark Cudmore U.K. Does Brexit Best When It Does Nothing At All: Macro View With apologies to my compatriot Ronan Keating, there’s a non-negligible and rising probability that Brexit doesn’t happen. Ultimately that would be a positive for U.K. assets. An […]


Direct Democracy: Best Bet Or Mob Rule?

Direct democracy is defined as a democratic system where citizens, not elected officials, vote on major national issues to decide what becomes law. As Statista's Dyfed Loesche notes, some hail it as the purest form of democracy. Others are wary because some issues are highly complex and require a minimum of expertise to make a […]


7 Reasons Why Stocks No Longer Care About Political Shocks, And 2 Why They Should

From Nicholas Colas of DataTrek Research Why do global equity markets ignore political shocks like Brexit, President Trump’s election or the news that Angela Merkel failed to form a government in Germany? There are plenty of good reasons, actually, which we review below. News that German Chancellor Angela Merkel failed to form a new government […]


Russia-Gate Spreads To Europe

Authored by Robert Parry via ConsortiumNews.com, Ever since the U.S. government dangled $160 million last December to combat Russian propaganda and disinformation, obscure academics and eager think tanks have been lining up for a shot at the loot, an unseemly rush to profit that is spreading the Russia-gate hysteria beyond the United States to Europe… British Prime […]


Keep Calm & Carry On

Authored by 720Global's Michael Liebowitz via RealInvestmentAdvice.com, “Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor In 1939, the British Government, through the Ministry of Information, produced a […]


“Russian Interference” Now Being Blamed For Swaying Vote In Favor Of Brexit

Was Brexit also Putin’s fault? The simmering anti-Russia hysteria that has emerged in the UK recently has finally boiled over, and it appears last night’s story in the        Times of London claiming that a swarm of Twitter bots reportedly created by a troll farm possibly linked to Russian intelligene (sound familiar?) posted more than 45,000 […]


Nigel Farage Calls On EU To Investigate George Soros

The anti-Russia hysteria that has raged in the US for just over a year now appeared poised to spread to the UK last week after British media learned that three past or present Foreign Office ministers – including Boris Johnson – had been targeted by FBI agents in their investigations into George Papadopoulos and Carter […]


Manic Tories Trump Monty Python

Authored by Raul Ilargi Meijer via The Automatic Earth blog, There can be little doubt that the British, in general, have a sense of humor. And that’s perhaps the lens through which we should view the country these days. After all, what other options do we have? A comment yesterday to a Guardian article sums […]


Pound Tumbles As Theresa May Faces Leadership Challenge Over Brexit Chaos

It might be a modest exaggeration it to say that Theresa May’s position as Prime Minister is doomed, but that is the general direction as the newsflow for the British PM remains overwhelmingly bad. Scandals aside, May seems to be falling into the growing gulf between Conservative MPs who are pushing more strongly for a […]


Cable Dumps’n’Pumps As EU Official Says No Brexit Talks Breakthrough

Brexit talks yielded no breakthrough on the financial settlement, and discussions focused on the issue of citizens’ rights, where the two sides are hoping for progress, an EU official told reporters. Bloomberg notes that the anonymous official added that no breakthrough was expected on the bill, as that would require high-level political input, and as […]


Who Feels EU Membership Has Paid Off? (Spoiler Alert: Not Italy)

Amid the UK's Brexit vote and rising right-wing populism across Europe, euroscepticism has never posed a greater threat to the EU. Despite the turmoil, majorities in most countries feel they have benefited from EU membership. According to the European Parliament, 90 percent of people in Ireland feel their country's decision to join the EU has paid […]