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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: BoE’s long-dated gilt purchases likely to face troubles ahead

Aug 24, 2016 11:27 am UTC| Commentary Central Banks

The Bank of Englands (BoE) newly introduced quantitative easing unlikely to be a smooth one, especially the purchases of long-dated gilts. The central bank is purchasing 1.17 billion worth of short-dated securities on...

Briferendum Aftermath Series

Briferendum Aftermath Series: UK’s economic surprise index defies Brexit

Aug 23, 2016 12:02 pm UTC| Commentary Economy

The UK economy has been beating expectations so far. While economists have been expecting amajor downturn, the economy has been standing out pretty well, except for the initial downbeat economic sentiment reading. The...

Migrant Crisis Series

Briferendum Aftermath Series

After Brexit, nationals could take a lesson in integration from immigrants

Aug 23, 2016 09:45 am UTC| Insights & Views Politics

Hate crimes in England, Wales and Northern Ireland reached a new peak after the UKs Brexit vote. This was sadly predictable, considering that one of the Leave campaigns key arguments in favour of exiting the European Union...

Briferendum Aftermath Series

Briferendum Aftermath Series: Big elections stand in the way of successful and timely Brexit negotiations

Aug 22, 2016 08:01 am UTC| Commentary

Commentaries over the weekend and last week suggest that there has been another pushback in the triggering of Article 50 of the Lisbon Treaty, which would formally mark the beginning of the divorce process. Before last...

Briferendum Aftermath Series

Brexit brings no negative impact to the UK’s Oil & Gas Industry

Aug 19, 2016 04:35 am UTC| Commentary Economy

After the decision to leave the European Union, the United Kingdom isnt expected to experience any major adverse effectsin terms of their oil and gas industry. However, industry leaders call for a clear leadership from the...

Briferendum Aftermath Series

British shoppers unruffled by referendum outcome

Aug 18, 2016 10:11 am UTC| Commentary Economy

No matter how bad things are, Britons like to shop. At least latest retail sales data avail from the office of National Statistics suggests so. Retail sales in July, a month after the voters chose to part away from the...

Briferendum Aftermath Series

Briferendum Aftermath Series: Sturgeon to stand by EU migrants

Aug 18, 2016 09:01 am UTC| Commentary

Scotlands first minister and the leader of the Scottish National Party (SNP), Nicola Sturgeon has already vowed to do whats best for Scotland even if that means breaking out of the United Kingdom. Just after the...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...

Xiaomi SU7 Fails After 39km, Company Offers Compensation and Replacement

In a recent setback, a Xiaomi SU7 electric vehicle owned by Mr. Wen malfunctioned after just 39 kilometers, leading to significant customer dissatisfaction. Xiaomi has responded by offering compensation and agreeing to...

OpenAI Set to Unveil Google Rival Search Tool Next Monday, Sources Reveal

OpenAI, in partnership with Microsoft, is slated to announce a groundbreaking AI-powered search tool on May 13, challenging Googles dominance just a day before its major I/O conference, according to sources. OpenAIs...

Ripple Partner SBI Holdings to Form Joint Venture in Japan with Chiliz for Sports Tokens

SBI Digital Holdings, a Ripple Labs partner, has revealed plans to deliver sports fan tokens to the Japanese market. The company announced a deal with Chiliz on May 9 to launch a sports and entertainment joint...