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Briferendum Aftermath Series

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In an unexpected outcome, people of the United Kingdom voted in favor of leaving the European Union in June 23rd referendum. For so many months, we have kept our readers updated on the referendum through our "Briferendum Series". Now with the referendum in place, we can hardly call it an end, instead, it's a new beginning of an era of greater uncertainties. With this non-binding referendum, there are so many possible scenarios that may play out including a second referendum. In this series, we once again vow to keep our readers up to the minute as the path ahead unfolds.

Briferendum Aftermath Series

Brexit Britain and trade – this is where it gets tricky

Mar 29, 2017 14:20 pm UTC| Insights & Views Economy

The triggering of Article 50 of the Treaty on the European Union by Theresa May finally signals the end of the phoney war on Brexit. For months, members of the British government have talked up the prospects of the UK...

Briferendum Aftermath Series

Briferendum Aftermath Series: Key dates ahead

Mar 29, 2017 07:49 am UTC| Commentary

Today, at 11:30 GMT, the UK government is expected to trigger the Article 50 formally by submitting an exit intended letter to the European Council President Donald Tusk. The event means nothing in itself but what happens...

Briferendum Aftermath Series

Briferendum Aftermath Series: Scottish parliament backs second independence referendum

Mar 29, 2017 06:47 am UTC| Commentary

In a setback to the British Prime Minister Theresa Mays government, the regional parliament in Scotland backed Scottish first minister Nicola Sturgeons demand for a second referendum. The members of the Scottish Parliament...

Briferendum Aftermath Series

Briferendum Aftermath Series: Much anticipated Brexit letter flies to Brussels

Mar 29, 2017 05:29 am UTC| Commentary

The British Prime Minister Theresa May has signed the Brexit letter to invoke the Article 50 of the Lisbon Treaty last evening and the letter is on its way to Brussels to the President of the European Council Donald Tusk....

Briferendum Aftermath Series

Brexit creates a human rights crisis for Ireland

Mar 28, 2017 10:50 am UTC| Insights & Views Law

The UK government will trigger Article 50 of the Lisbon Treaty on Wednesday. This will serve as a formal notification of the UKs intent to withdraw from the European Union. It will set off two years or more of...

Briferendum Aftermath Series

Theresa May is a formidable manager – but Brexit will test her leadership skills

Mar 27, 2017 14:57 pm UTC| Insights & Views

Leadership and management go hand in hand. The first reflects the capacity to envision, focus long term, innovate and inspire; the second the capacity to execute, focus short-term, plan and do. Though they are different...

Briferendum Aftermath Series

Briferendum Aftermath Series: Juncker exerts Brexit bill reality

Mar 24, 2017 10:58 am UTC| Commentary

The President of the European Commission Jean-Claude Juncker stressed upon the reality of the upcoming Brexit bill which could be somewhere between 40 billion and 60 billion. We have reported earlier that the European...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...