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Sterling Drops as May Signs Brexit Trigger for Process to Begin

Sterling Drops as May Signs Brexit Trigger for Process to Begin

  Sterling fell in early Asian trading as investors brace for the start of the two-year negotiation for the U.K. to leave the European Union. The pound fell as much as 0.6 percent to 1.2377 per dollar, and was the worst performer among the Group-of-10 which saw muted trading. Some funds left it late in […]

Hungry, Scared, And No Closer To Safety: Child Refugees Failed By Britain

Hungry, Scared, And No Closer To Safety: Child Refugees Failed By Britain

What does a 10-year-old living alone in the migrant camp in Calais worry about most? Abdul is bothered by the rats that rustle around him while he sleeps and by the effort involved in getting enough food, in the wake of a decision last month by the French authorities to close down the cafe that […]

Corporate Raiders Seek Brexit Bargains In Britain

Corporate Raiders Seek Brexit Bargains In Britain

Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought. Almost 60 transactions totalling $34.5 billion have been struck by foreign companies for British firms since […]

Erasmus Scheme May Exclude British Students After Brexit

Erasmus Scheme May Exclude British Students After Brexit

Britain faces exclusion from one of the glowing successes of European Union membership: a university study programme that has benefited tens of thousands of British young people and many more from the EU visiting Britain. I feel bereaved by Brexit and if it leads to the exclusion of the UK from Erasmus, this would be […]

Post-Brexit Sterling Decline Will Cost Poor Countries $4bn, Claims Study

Post-Brexit Sterling Decline Will Cost Poor Countries $4bn, Claims Study

The post-Brexit slump in the pound will cost developing countries nearly $4bn (£3.1bn) in the coming year, with reduced trade and aid, risk-averse financial markets, lower growth and sharply reduced remittances all playing a role, a report shows. Sterling’s 10% devaluation in the first week after the vote, coupled with lower UK gross domestic product, […]

Brexit: Pound Plunges To 30-year Lows As EU Fears Bite Into Global Markets Again

Brexit: Pound Plunges To 30-year Lows As EU Fears Bite Into Global Markets Again

The pound sank to three-decade lows and Asian share markets fell on Wednesday as fears over Brexit and instability in the European Union returned with a vengeance. Sterling was again a major casualty, sinking under $1.30 in fast-moving trade. It hit its lowest since 1985 when it got down as deep as $1.2565. In wild […]

OPINION: The Key Lesson Of Brexit Is That Globalisation Must Work For All Of Britain

OPINION: The Key Lesson Of Brexit Is That Globalisation Must Work For All Of Britain

There is a real danger that we spend the next decade refighting last week’s referendum. If Scotland’s recent experience is anything to go by – where there are now two entrenched camps of yes and no voters in the aftermath of the 2014 independence referendum – then the battle lines drawn in a bitterly fought […]

The Brexit Nightmare

The Brexit Nightmare

What has the United Kingdom just done to itself, its people and the future of its youth? It is difficult to fully understand why a country in taking a decision about its future will decide on a false option that seems to negate long-term interests.  And this, just because a total of 17.4 million people […]

Immigration Concerns Continue To Dominate Brexit Debate As Referendum Approaches

Immigration Concerns Continue To Dominate Brexit Debate As Referendum Approaches

Campaigning around Britain’s upcoming EU referendum resumed late Sunday after a brief suspension out of respect for Labour MP Jo Cox, who was tragically killed last Thursday in what appears to be in part a politically motivated attack. Thomas Mair, the man accused in the murder of Cox, gave his name as “death to traitors, freedom for […]

The Witch Children: Tortured By Evil Exorcists, But ‘Multicultural’ Britain Is Too Liberal To Admit They Exist

The Witch Children: Tortured By Evil Exorcists, But ‘Multicultural’ Britain Is Too Liberal To Admit They Exist

Mardoche was 11 when I first met him, shivering in the corner of a youth psychiatric ward in Chelsea. Before I could speak, he looked up. ‘I am not a witch,’ he said. ‘I don’t even know what this kindoki [witchcraft] is.’ This wasn’t my first encounter with a sinister phenomenon taking hold across Europe […]

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