Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 19 April 01:34 (GMT -05:00)



Business And Politics News

UK Reveals Brexit Plan


The British government has revealed the plan of quitting the European Union, which is also known as the Brexit. Prime Minister Theresa May promised to publish the final version of the Brexit scenario a couple of weeks ago.

 

 

 

 
The introduction to this document explains that the British business community doesn’t want to cancel the referendum results. On the contrary, they are going to benefit from the Brexit. Most members of the House of Commons voted for letting Theresa May initiate the Brexit scenario. Moreover, this is something most British citizens want. At this point, the question is who the UK is going quit the EU for good.
 
Previously, Theresa May established the key principles the Brexit is going to be based on. In particular, the UK is planning to leave the EU market and set new customs rules for revised trade relations with EU partners. On top of that, London is planning to launch a new migration control system, which is designed to monitor and filter those refugees from Syria and other Muslim states as they arrive from the EU.
 
The program is going to be introduced gradually in order to let British businesses get used to it and adopt the new rules. As for the migration thing, the priority will be given to those who want to get higher education in the UK, as well as those skilled workers who want to get employed by British businesses to cover the lack of highly-skilled labor power in some sectors of the British economy.
 
At the same time, Great Britain is going to quit the jurisdiction of the European Court. They are planning to introduce a mild control system on the border between Ireland and Northern Ireland, which will be the only EU-UK land frontier after the UK quits the EU. At the same time, Northern Ireland, Wales, and Scotland , will get more independence as members of the United Kingdom. This will be possible after London gets some authority back from Brussels.  
 

 

In the meantime, some representatives of the British government underline that their stance in the Brexit talks will not always be made public. In particular, they are not planning to make frequent statements to update the public on the progress of implementing the Brexit scenario. As for fighting international criminals and terrorists, the UK is still going to cooperate with the EU on that.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

How to become a European bank co-owner?

Do you want to get absolutely legitimate access to the EU’s banking system by becoming a co-owner of a European bank to have personal and corporate accounts in your own financial institution? It’s like having a VIP card by VISA or MasterCard with huge discounts worldwide…

Publication date: 10 April 08:06 AM

Goldman Sachs Analysts Have Found Global Economic Slowdown

At the point, most representatives of the international expert community are pretty sure that the global economy has been growing confidently for some time. However, Goldman Sachs analysts claim that the global economy is starting to slow down.

 

In February 2018, 7 out of 10 base components of Goldman Sachs' Global Leading Indicator (GLI) dropped a bit. The bullish momentum started weakening and slowed down from 0,249% down to 0,234%. These are the weakest figures since March 2016.

Publication date: 30 March 01:25 AM

U.S. Fed Denies 4 Interest Rate Hikes This Year?

According to Finanz, the accelerated economic growth in the United States may force the federal Reserve to change their mind about raising interest rates 4 times this year.
 
Publication date: 29 March 11:19 AM

Putin Challenges USA

Vladimir Putin has recently presented new Russian weapons. Western experts have been busy discussing them ever since. According to several observers, this move literally means that Putin has challenged Washington.

Publication date: 29 March 10:06 AM

Chinese Renminbi’s Global Currency Status Will Open Chinese Economy to the World

The Chinese government is planning to turn the Chinese Yuan into a global reserve currency in order to make the national economy more open to the rest of the world.  This was confirmed by the People’s Bank of China.

Publication date: 28 March 09:16 AM

Will the USA Impose New Sanctions on Russia in Advance of the Russian Presidential Election 2018?

Not so long ago, United States Secretary of the Treasury Steven Mnuchin promised to announce a new round of the sanctions against Russia within the next 30 days. The question is whether the United States will manage to root against Putin once again before March 18th?

Publication date: 09 March 12:41 AM

Any Brexit Scenario Will Damage the British Economy

In practice, there can be multiple Brexit scenarios, i.e. the scenarios of how the United Kingdom will exit the European Union. Experts say that almost any scenario will damage the British economy to some extent. Moreover, there will be some economic damage to both the UK, the USA, and the EU.

Publication date: 25 December 02:48 AM

The Era of Cheap Money from Central Banks is Over

According to two major investment banks – Citigroup and JPMorgan, the days of cheap money and low interest rates are nearly gone after almost 10 years since the last global crisis. They warn us that major central banks around the globe (including the ECB, for example) are going to start toughening their monetary policies in 2018 at the fastest pace in 12 years.

Publication date: 25 December 02:05 AM

Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM

Brexit and Bank Capital Outflow

Since the Brexit referendum that took place in the United Kingdom last year, European banks have already withdrawn from the UK as much as 350 billion euros. That’s reported to be the official stats provided by the European Union, The Financial Times reports.

Publication date: 30 November 01:52 PM