Category: Economics
IMF warns Italy of two-decade-long recession
Eurozones third biggest economy may not recover from 2008 financial crash until mid-2020s, according the funds annual report The fragile state of Italian banks in the fraught post-Brexit financial climate has been highlighted by the International Monetary Fund, in a stark warning that the eurozones third biggest economy will have suffered for almost two decades […]
Uncertainty over Brexit and US job market halted Fed’s interest rates rise
Federal Reserve held off on raising interest rates in June due to the possibility of market turbulence after Brexit and worries about the latest US job report. The Federal Reserve held off on raising interest rates in June due to uncertainty about the US labor market as well as a then-upcoming vote on whether […]
Leave campaign rows back on key immigration and NHS pledges
Tory MEP Daniel Hannan says Brexit voters will be disappointed if they think there will now be zero immigration from EU The leave campaign has appeared to row back on key pledges made during the EU referendum campaign less than 24 hours after the UK voted for Brexit, after it emerged immigration levels could remain […]
Brexit: from an American perspective, there is only one good outcome
While UK voters have good reasons to either stay in or leave the European Union this Thursday, a British exit would only hurt the US While there are good reasons for British voters to either support or oppose the proposed withdrawal of the UK from the European Union, there is little argument at all from […]
George Soros: EU exit risks ‘black Friday’
Exclusive: Currency speculator warns devaluation would mean more disruption than when UK dropped out of ERM in 1992 The worlds most famous currency speculator has warned that a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of […]