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The Brexit debate is far from over: there will have to be a further vote
BPP Team / British Politics and Policy at LSE
Britain has voted for Brexit but what comes next is remarkably unclear. James Strong argues that four key questions remain. When will negotiations begin? What will they focus on if those for Brexit have two main desires: to restrict the movement of people but also have the best trading relationship ...
Related: American Anxieties, Mirrored in Britain
The Editorial Board / NY Times
One lesson for the United States is to try to see economic problems clearly and not overreact.
Related: Germany warns against EU 'revenge' following UK Brexit vote
Telegraph
Related: Brexit and Europe’s Angry Old Men
Jochen Bittner / NY Times
I used to laugh at pro-union ideologues. Then I realized where the real threat was.
Related: Why the Remain Campaign Lost the Brexit Vote
John Cassidy / The New Yorker
To many people around the world, the United Kingdom's vote on Thursday to quit the European Union came as a great shock. But the fifty-two per cent to forty-eight per cent result in favor of the "Leave" option shouldn't have been such a surprise. The fact is the E.U. has ...
 
What the Brexit Vote Means for the US Economy
arader / Fiscal Times
REUTERS/Lucas Jackson Yuval RosenbergJune 24, 2016 The Brits have voted to quit the EU. Now what? Anyone who answers that question with any degree of confidence is probably trying to sell you something. The only certainty at this point is that the British economy will take a serious blow and ...
Related: U.S. Economy Is Expected to Take Hit From U.K. Vote
WSJ
Britain's exit from the European Union is expected to jolt the U.S. economy, likely rattling restive equity markets and driving up the value of the dollar. It could also weaken U.S. diplomatic leverage in Europe and upend the corporate strategies of U.S. companies based in London.
Related: Philly Fed: State Coincident Indexes increased in 38 states in May
Bill McBride / Calculated Risk
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for May 2016. In the past month, the indexes increased in 38 states, decreased in eight, and remained stable in four, for a one-month diffusion index of 60. Over the past ...
 
Europe Is Dead: Long Live Europe?
Spiegel
The people of the UK have voted in favor of Brexit. Both Britain and the rest of Europe now face years of uncertainty. The EU has tough negotiations ahead and serious questions about its future. By SPIEGEL Staff
 
The People's Bank of China: Monetary Policy in a Time of Transition
Steven Barnett / iMFdirect
by iMFdirect Today at the IMF, the Governor of the People's Bank of China, Zhou Xiaochuan, gave the Michel Camdessus Central Banking Lecture in Washington, D.C. With China's economy undergoing a transition, Governor Zhou spoke about managing monetary policy with multiple objectives, and the independence of central banks. "For central ...
 
Universal Basic Income - Burning Down The House
Sprott Money / Value Walk
Universal Basic Income - Burning Down The House by Jeff Thomas - Sprott Money Recently an article appeared in Forbes magazine that recommended a universal basic income (UBI) for all citizens. The writer, who is from the UK, argues that, [...]
Expand sublinks   Also:  Project Syndicate
Related: Slavery At Sea: The Ugly Underbelly Of Oil Shipping
Yves Smith / Naked Capitalism
A Pulitzer-prize wining series last year exposed slavery in commercial fishing. Sadly, it is taking place in oil shipping too.
 
Is peak oil demand in sight?
McKinsey Insights
Our latest research suggests lower long-term growth in demand for oil than previously forecast. This warrants a fresh, critical look at energy investments.
Related: Gazprom Expects Profits To Triple Despite Low Oil Prices
Matt Slowikowski / Oil Price
After posting an 86 percent drop in net profit of 159 billion rubles ($3.07 billion) in 2014, the Russian gas giant has posted margins of over 10 percent for 2015 and expects its profits to triple. Andrey Kruglov, Gazprom's deputy chairman explains in Issue 12 of Gazprom Magazine that for ...
 
'Brexit' Collateral Damage Puts Japan in Hot Seat
Heard on the Street
With "Brexit" sending the yen to its strongest level in years, the Bank of Japan will need to prepare a response.
 
Indian Rupee Is Under Pressure
WSJ
India's rupee has been the worst-performing major Asian currency this year, and it is poised to lose more value in coming weeks, analysts said.
 
Greece desperately tries to combat tax evasion but with such over-taxation... no chance!
Keep Talking Greece
Companies systematically evading taxes will soon see a padlock on their doors for 30 days. This new kind of fine to Greece's tax evaders was announced today by the General Secretary of Public Revenues. The same fine will be imposed to company owners who prohibit tax inspectors from conducting inspections ...
 
Emerging Market Currencies Drop on 'Brexit' Vote
WSJ
Currencies in emerging markets from South Africa to Poland plunged on Friday after the U.K. voted to leave the European Union and investors dumped riskier assets in response to the surprising results.
Expand sublinks   Also:  CNBC | ETF Trends
 
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Emerging Market Currencies Drop on 'Brexit' Vote
WSJ
'Brexit' Collateral Damage Puts Japan in Hot Seat
Heard on the Street
Is peak oil demand in sight?
McKinsey Insights
Universal Basic Income - Burning Down The House
Value Walk
The People's Bank of China: Monetary Policy in a Time of Transition
iMFdirect
Europe Is Dead: Long Live Europe?
Spiegel
What the Brexit Vote Means for the US Economy
Fiscal Times
The Brexit debate is far from over: there will have to be a further vote
British Politics and Policy at LSE
Why $50 Oil Does Not Work
EconMatters Global
Fed Stress Tests: All Big Banks Clear Bar for Capital Requirements
WSJ
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Link: Centre for Macroeconomics
Link: Economic and Social Research Council
 
Last Updated: 14:02 GMT     Saturday, 25 Jun. 2016 Archive About FAQ Home