Chief European Commentator @WSJ, columnist @TheTimes. Britisher.

Political Risks Loom Over Buoyant Markets

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. With central banks nearly tapped out, there may be little they can do to ward off the next crisis What exactly is the market trying to say about the state of the global economy?

Brexit Success Hinges On Global Goodwill

yaleglobal.yale.edu — Choosing what is the best trading relationship with the EU depends on how the rest of the world responds to the UK demands , It is hard not to feel sympathy for British officials tasked with delivering Brexit-and indeed, Prime Minister Theresa May's promise to "make a success of it".

Three Questions to Determine Fate of Post-Brexit Britain

wsj.com — It is too soon to count with any certainty the immediate cost of the Brexit vote on the U.K. economy. Some indicators point to a possible recession on the horizon: New manufacturing orders, for instance showed the biggest decline in July for nearly 20 years, while business confidence has taken the steepest dive since 1974.

Brexit Success Hinges on Global Goodwill

wsj.com — It is hard not to feel sympathy for British officials tasked with delivering Brexit-and indeed, Prime Minister Theresa May's promise to "make a success of it". Less than two years ago, the civil service carried out a comprehensive assessment of the U.K.'s relationship with the European Union and concluded that, by and large, the current arrangements served British interests pretty well.

U.K., Europe Discover New Divide Over Negative Interest Rates

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. The BOE has ruled out pushing rates below zero, a decision that puts it at odds with the ECB, Simon Nixon writes A new European cross-Channel divide has opened up, and this time it has nothing to do with Brexit.

Italy’s Shaky Bank-Rescue Plan

wsj.com — The best that can be said for Italy's latest plan to rescue its third-largest bank is that it might just work. Monte dei Paschi di Siena announced on Friday a complex deal that would see it offload €40 billion ($44.7 billion) of its most toxic bad debts-equivalent to around 15% of its loan book-into a newly created privately-funded vehicle, paving the way for the lender to raise around €5 billion in fresh capital.

Europe Faces Dilemma Over Fiscal and Banking Rules

wsj.com — News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. A crisis of legitimacy lies at the heart of two major EU standoffs coming to a head this week, Simon Nixon writes The European Union's central crisis is one of legitimacy.

Is Britain Really Open for Business?

wsj.com — "Brexit means Brexit and we're going to make a success of it," U.K. Prime Minister Theresa May keeps saying. But what does Brexit mean? And how do you define success? Brexiters themselves seem split on the question. Some are convinced that the European Union has been holding Britain back from engaging with the rest of the world and that...

The U.K.’s Big Brexit Test: Holding On to London’s Financial Crown

wsj.com — The political crisis that engulfed the U.K. after its decision to quit the European Union in last month's referendum may have come to a remarkably swift conclusion. But the political challenges facing new Prime Minister Theresa May are awesome.

Brexit Counterrevolution Is Risk to London

wsj.com — Three weeks after the Brexit vote, a consensus is emerging that the U.K.'s decision to quit the European Union was primarily a revolt against globalization by "left behind" voters registering their anger at excessive immigration, which they blamed for driving down wages and putting pressure on public services.
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Aug 17, 2016

RT @alastairjam: Daily Mail clears up the issue of 'acceptable' Olympic celebrations https://t.co/4bIClQmSuK

Aug 16, 2016

Brexiters want UK-EU trade deal ratified by QMV not national parlts. So much for democratic liberation of Europe!  https://twitter.com/peston/status/765573898721263616 


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