He is not convincing as someone who knows what's going on - and I live 12,000 miles away! Where has his voice been before now? Aside from the obvious decision - 51.8% of voters (not politicians) For leaving the EU - the Global Financial Crisis ...

U.K. Faces Abject Future After Brexit, Ex-Lloyd's Chairman Says

When very powerful people act as if something exists then it will have a real impact. Othello is a great play in this respect - he kills his wife after believing a lie. The Bible is also useful. US Administration reminding us of Jesus clearing the ...

Mnuchin: "No Chance For Currency War"

Lost in the mist is the wonderful fact that free trade does not need agreements. Unilateral free trade has also been a feature of modern country histories such as Singapore, New Zealand and Australia; please add to the list, though such countries ...

Japan hails Britain's interest in joining TPP free trade pact

The historical background is simply that the developed countries promoted free trade in goods and services which they themselves were very good at producing (economies of scale and scope, international influence (UN, military power, crushing ...

White House's Kudlow blames China's Xi for blocking U.S. trade deal

USA action legitimises WTO - a very posiitve step.

Trade Dispute Erupts in WTO: US Files Against EU, Four Others, China Against US

Neutral? Look at a USA unemployment chart and tell me the last time that unemployment rate was below 4% and at the same time the 90 day rate was below 3%? I'll save you the time - it never happened. In 2006 the 90 day rate was 5% and in 2000 it was ...

Fed’s Kaplan: Intensification Of Trade Tariffs Would Downgrade Economic Growth Forecasts For...

The EU is a club. Either you are a member or you are not a member. You decided you did not want to be a member any more. Now its taking a while to sort out the process of leaving after so long 'together'. After Brexit there is no 'we' in the club ...

Brexit White Paper stresses the UK can't have it all

My perception was formed in the earliest days of this Admin when he made it abundantly clear how out of touch he was/is with Asia, its political/economic dynamics, fading relevance of Cold War-ism and clinging on to the anxieties of the 1950s. Like ...

US President Donald Trump: May's soft Brexit blueprint 'will probably kill' any future trade...

A few simple numbers demonstrate the futility of current tariffs meddling and the order of magnitude of the stupidity and dangers ahead. USA accounts for only 0.6% of world GDP growth of 3.5%, or 17%. The rest of the world is accounting for 83% of ...

Trump's Trade War Timeline: An Up-to-Date Guide

This is a US dollar year because there is no output gap, unlike other majors, and fiscal stimulus remains in the pipeline. An occasional check on the USD at this stage of the global cyclical upswing is absent and that is a broadening of the US ...

US dollar stronger again with notable yen weakness continuing

May is behaving correctly because the referendum was silent on how and when to leave.

UK PM May Spokesman: PM Urges All of Conservative Party To Get Behind Her Brexit Plan

What does this mean?

UK PM May Spokesman: PM Urges All of Conservative Party To Get Behind Her Brexit Plan

Got no replies to this elsewhere. maybe everyone tied up with football? looking for intelligent comment on October EU agreement. Hard to know what a winner would look like in UK context now, but looks like May to me, or at least her governing ...

UK PM May Spokesman: PM Urges All of Conservative Party To Get Behind Her Brexit Plan

So the central tendency is for some form of agreement to be cobbled together with EU within the next few months? This is crucial for timing any big relief rally before Christmas. Time is now starting to move in May's favor i.e. bullish GBP.

Brexit turmoil: 4 things investors need to know

So many questions left undisturbed here. 1. Is there any appetite at all for another election? Looks like 'No'. 2. If its No then there are high risks for those politicos who bring it on, and will that make a harder Brexit more likely ?, Apparently ...

Brexit turmoil: 4 things investors need to know

Observing from afar what stands out is the large majority of people on the sidelines hoping May will fail and opportunities will arise for a hero. While the waiting goes on May is quietly proceeding and with the clock ticking Billy Bunter and Bertie ...

Theresa May Faces Crisis Over Brexit After Key Ministers Quit

The symphonic theme has shifted less than subtly from the former data driven opinions about the FED. The brass section has woken us all up to the real threat of all-out trade war around the globe and war drums pounding out the beat for our army ...

Dollar's Downside Correction Set to Continue

Saying things without any evidence to back them up says nothing. You might be willing to throw the baby out with the bath water but your baby will be really upset.

WTO's Existence Is Under Threat, Says Commerce Minister Prabhu

The overarching issue of USA vs China underscores the value of settling your own trade agreements and devalues teaming up with the neighbours against the rest just because they are neighbours. And 45 years ought to be enough time for the most ...

Brexit: Cabinet agrees 'collective' stance on future EU deal

Protectionism is a negative sum game and 10 years on from a global financial crisis which is not over yet paints a very ugly outlook. It is quite clear that the mechanisms for a global recession and deeper depression are well in place and the ...

USD/JPY goes taut as the US unleashes tariffs on China