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Brexit: a chaotic European affair
Economic losses abound the British territory due to Brexit's delayed and un-welcomed stay. The U.K. Judiciary is about to be pushed "off-its-trolly" with its constant debate regarding the great divorce's validity.
The suspension of the House of Commons by PM Boris Johnson himself had already exceeded a month. And against every protestation from opposition, the case had reached the justices, with the Supreme Court of England and Wales reaffirming the validity of the want for separation.
However, the Supreme Court of Scotland deemed it illegal as the Supreme Court of Northern Ireland discarded it. This prevents further decisions and further divisions. Analysts agree that the moves were consistent with the mindset of the leading political parties.
For instance, Scots are against separation while Northern Ireland, remains an effective dampener of Brexit's effectiveness. Worthy of note, the region's open borders allow significant trading opportunities with E.U. countries; U.K. exports through the border are estimated at $4 Billion annually.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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