Tag: Brexit

• Monday, June 13th 2016 - 07:36 UTC

  Sterling drops to a two-month low as jittery investors shift to safer assets

  

  The British pound dropped to a two-month low and the yen rallied Monday as jittery investors shifted into safer assets on worries about Britain's possible exit from the European Union. The flight to lower-yielding investments came as Asian stock markets plunged, with dealers awaiting meetings this week of the US and Japanese central banks.

• Saturday, June 11th 2016 - 07:32 UTC

  Switzerland expects influx of funds, if British voters decide to leave the European Union

  

  Swiss wealth managers said Friday they would expect an influx of funds from skittish international investors if British voters choose to leave the European Union in a June 23 referendum. Participants in a seminar organized by the Swiss Private Bankers Association (SPBA) in Geneva voiced concern about what the implications would be if a Brexit is voted through in a referendum on June 23.

• Saturday, June 11th 2016 - 05:53 UTC

  “Please don't go”, Der Spiegel's Saturday special German-English edition

  

  German Finance Minister Wolfgang Schaeuble warned Friday that if Britain voted to leave the European Union, it wouldn't have access to the single market like non-members Norway and Switzerland do.

• Friday, June 10th 2016 - 07:43 UTC

  Garcia-Margallo joint sovereignty comments referred to Gibraltar dismissed

  

  Conservative member of the European Parliament, MEP, Julie Girling has rubbished suggestions by the Acting Spanish Foreign Minister, José Manuel García-Margallo, that Gibraltar will have to contemplate a joint UK/Spain sovereignty arrangement in the event of a “Leave” vote in the European Union referendum.

• Thursday, June 9th 2016 - 08:50 UTC

  Yellen says Brexit 'repercussions' would be considered in Fed’s meeting next week

  

  United Stated Federal Reserve chair Janet Yellen said a UK vote to leave the European Union could have “significant economic repercussions”. In a speech this week, she said a Brexit was one factor that the central bank would consider when deciding whether to raise interest rates. The Fed next meets on 14-15 June.

• Thursday, June 9th 2016 - 08:29 UTC

  Lord Hague warns Brexit could put at risk Falklands' sovereignty and cautions about UK “disintegration”

  

  Former foreign secretary William Hague said that if Britain votes to leave the European Union, the Falkland Islands sovereignty could be put at risk, while Gibraltar would left in a very difficult position. The statement was published this week by The Telegraph in an article under the heading: “Brexit would put the Falkland Islands' sovereignty at risk”

• Tuesday, June 7th 2016 - 08:29 UTC

  “Out” prevailing over “Remain” in Brexit as immigration displaces economy as center of debate

  

  The campaign for Britain to leave the European Union has taken a 4-5 percentage point lead ahead of a June 23 referendum, according to online polls by ICM and YouGov, sending sterling towards three-week lows against the U.S. dollar.

• Saturday, May 28th 2016 - 08:25 UTC

  Net migration to UK, 333.000 in 2015, provides more ammo to the Leave campaign

  

  Campaigners wanting Britain to leave the European Union warned that immigration has “spun out of control”, as the new mayor of London launched his campaign for the country to stay in the bloc. Four weeks before the so-called Brexit referendum on June 23, the Office for National Statistics published data putting net migration - the difference between those arriving and leaving Britain - at 333,000 last year.

• Thursday, May 26th 2016 - 05:33 UTC

  WTO chief warns UK would have to renegotiate membership if Brexit wins

  

  Britain would face grueling negotiations to set the terms of its World Trade Organization membership if it decided to leave the European Union, the group's chief warned in Thursday's Financial Times.

• Thursday, May 19th 2016 - 07:12 UTC

  “Humanitarian approach”, the new Falklands' policy of the Macri administration

  

  “Humanitarian approach” is how Argentine diplomacy plans to implement policy towards the Falkland Islands including greater air and sea contacts, which could lead to open trade, convincing Mercosur members to lift the ban, plus offers of specialized medicine and higher education opportunities for Falkland Islanders.