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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

Briferendum Aftermath Series: Watch out for autumn budget statement from Phillip Hammond

Nov 23, 2016 07:47 am UTC| Commentary Economy

Anyone interested in UK assets or pound based pairs need to keep a close watch on the budget statement that will be read today before the House of Commons by the new chancellor of exchequer Phillip Hammond. When will...

Briferendum Aftermath Series

A second Brexit vote is a real possibility now – here's why it should happen

Nov 18, 2016 15:23 pm UTC| Insights & Views Law

Thanks to a ruling in Londons high court, the UK appears to be moving towards making a decision about what Brexit means in a more democratic way. The flaws of the first EU referendum are well known. Despite being only...

Briferendum Aftermath Series

Briferendum Aftermath Series: S&P suggests euro clearing to stay in the UK

Nov 17, 2016 11:18 am UTC| Commentary

After the referendum on June 23rd, where a majority of the Britons chose the exit route, several European economies namely France and Germany have stepped up their efforts to lure large chunk of the clearing businesses to...

US Election Series

Briferendum Aftermath Series

Trump and Brexit: the rise of the right or a political coincidence?

Nov 16, 2016 11:16 am UTC| Insights & Views

When Donald Trump promised that his election would be Brexit plus plus plus, many of us took him at his word. Britains Brexit vote had been momentous, and unsettling for politicians of most stripes, not simply because of...

Briferendum Aftermath Series

Briferendum Aftermath Series: Mark your calendars for 5th December

Nov 15, 2016 11:28 am UTC| Commentary Law

The lifeline to the pound given by the High Court ruling that the government will need to seek approval of the parliament in order to trigger the Article 50 divorce clause, the first requirement to begin the process of...

Briferendum Aftermath Series

Briferendum Aftermath Series: Rating agencies warn on Brexit negotiations

Nov 11, 2016 12:09 pm UTC| Commentary

Before the referendum vote on June 23rd, the rating agencies warned against an exit in a chorus, saying that it would bode difficulties and recession for the economy, while they would move to cut rates. However, that...

Briferendum Aftermath Series

If the Brexit-addicted government were a small business it wouldn't last a year

Nov 07, 2016 13:08 pm UTC| Insights & Views

The march towards Brexit seems relentless. Theresa May urged people to vote to stay in the EU but she knows the political cost of rowing back back from the referendum result at this stage. When a High Court judgement...

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Economy

Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI

Asian currencies traded in narrow ranges on Tuesday as investors remained cautious ahead of crucial U.S. inflation data, while the U.S. dollar stayed near an 18-month high amid geopolitical tensions and sustained demand...

Samsung, SK Hynix Shares Plunge as China Chip Competition Grows

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix plunged on Tuesday, extending a steep selloff as investors weighed rising competition from Chinese memory chipmakers and growing uncertainty...

Oil Prices Fall as Russia Signals Higher Diesel Exports

Oil prices declined on Tuesday as Russia indicated it could increase diesel exports beyond previously announced levels under a supply agreement with the United States, raising expectations of improved global fuel...

Asian Stocks Plunge as AI Chip Selloff Hits South Korea and Japan

Asian stock markets tumbled Tuesday as a technology selloff on Wall Street spread across the region, driven by concerns over Chinese semiconductor competition, artificial intelligence (AI) investment returns, and elevated...

Fed's Hammack Urges Faster Rate Hikes to Fight Inflation

Cleveland Federal Reserve President Beth Hammack called for relatively swift interest rate increases on Monday, warning that broadening inflation pressures could make it harder for the US central bank to achieve its 2%...

Politics

Most Americans Oppose Election Betting on Prediction Markets, Poll Finds

A majority of Americans oppose betting on US elections, military operations and government decisions through prediction markets, according to a Reuters/Ipsos poll, highlighting public concerns as regulators consider new...

Elon Musk Donates $366 Million to 2026 US Midterms

Elon Musk has poured approximately $366 million into the 2026 US midterm elections, making the Tesla and SpaceX CEO potentially the largest individual political donor of the election cycle as Republicans fight to retain...

Jordan Bardella Antisemitism Allegations Threaten Le Pen’s Campaign

French far-right National Rally (RN) president Jordan Bardella is facing mounting political pressure over allegations of antisemitism, raising questions about the partys efforts to distance itself from its controversial...

North Korea Fires Ballistic Missiles Amid Rising Tensions With South Korea

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, escalating tensions with South Korea following Seouls recent hypersonic missile test. The launches marked Pyongyangs fourth...

Trump Plans White House Shake-Up of Key AI Safety Agency

President Donald Trumps administration is preparing to transfer three senior officials from the Center for Advancing Innovation and Standards for Super Intelligence (CAISSI) to the White House as part of efforts to...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia’s China AI Chip Market Share Falls to 34% as Huawei Gains Ground

Nvidias share of Chinas artificial intelligence chip market declined sharply during the first half of 2026 as U.S. export restrictions and growing competition from domestic semiconductor manufacturers reshaped the...

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Senior executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement in a shareholder dispute ahead of the companys planned Hong Kong initial public offering (IPO). According to...

Meta Launches Muse Wonder AI Models, Shares Rise 3.7%

Meta Platforms has unveiled its latest artificial intelligence models, Muse Wonder and Muse Wonder Full, marking a major step in the companys efforts to compete with leading AI developers. The announcement on Monday...

Epic Games Delays Disney Shooter, Shifts to AI-First Development

Epic Games has reportedly postponed the launch of its upcoming Disney multiplayer shooter as the Fortnite developer adopts an artificial intelligence-driven approach to game production, according to Bloomberg. The highly...

Arthur Hayes Announces FLOP Testnet Launch Within Weeks

BitMEX co-founder Arthur Hayes has announced that Flop Labs plans to launch its FLOP testnet within weeks, introducing a blockchain network designed to support artificial intelligence (AI) computing. The upcoming 90-day...