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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 and weak government: a drama lesson from the Greece economy

Jun 19, 2017 15:43 pm UTC| Insights & Views Politics

The UK is not the first country to stand on the brink of leaving the EU. It may enjoy a far bigger and more productive economy than Greece, but there are alarming structural similarities between the two economies that cant...

Briferendum Aftermath Series

How to protect 4.5m people from becoming Brexit bargaining chips

Jun 19, 2017 15:40 pm UTC| Insights & Views Law Politics

Both the EU and the UK have repeatedly stated that they want to secure the rights of the 3m EU citizens in the UK and the 1.5m British citizens in the EU as they negotiate their separation. But those rights have still...

Briferendum Aftermath Series

May wanted a Brexit mandate, but voters want a strong welfare state

Jun 13, 2017 15:38 pm UTC| Insights & Views Politics

Its all too easy to forget that when Theresa May called her snap election, three years earlier than shed repeatedly promised, her party was 18-20 percentage points ahead of Labour in the polls. It seemed like a clear...

Briferendum Aftermath Series

Why the hung parliament spells economic turbulence for the UK economy

Jun 13, 2017 14:12 pm UTC| Insights & Views Politics Economy

Theresa Mays snap election wager has backfired. The supposed Brexit election was intended to signal the publics support for the prime ministers approach to the UKs departure from the European Union. Instead, it has left...

Briferendum Aftermath Series

Brexit Series: European leaders press UK to move ahead with exit talks

Jun 12, 2017 06:04 am UTC| Commentary

Despite a disastrous outcome of the snap general election in the United Kingdom that left the Prime Minister Theresa May to govern with a minority government with of Irish Democratic Unionist Party, the European leaders...

Briferendum Aftermath Series

How Theresa May's election disaster looks from continental Europe

Jun 09, 2017 17:59 pm UTC| Insights & Views

After Theresa Mays car-crash election campaign, there is doubt among key players in the European Union about whether the UK will be in a position to resume the Brexit talks on time. That leaves both Britain and other...

Briferendum Aftermath Series

How a hung parliament totally changes the game for Brexit

Jun 09, 2017 17:52 pm UTC| Insights & Views Politics

Theresa Mays election gamble has failed but could this lead to a change in the politics of Brexit? Perhaps, but it would take political will. When Theresa May called the election, she calculated that the result would...

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Economy

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%...

Oil Prices Surge Above $106 After Deadly Saudi Airport Attack

Oil prices climbed on Monday as escalating Middle East tensions pushed Brent crude above $106 per barrel following a deadly Houthi attack on a Saudi Arabian airport. However, gains were limited by U.S. President Donald...

Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings

U.S. stocks ended mixed on Monday, with the Nasdaq Composite declining as oil prices surged nearly $2 per barrel following deadly attacks on Saudi Arabias Riyadh international airport. Investors also remained cautious...

Trump Defends Russian Diesel Deal Amid US Sanctions Backlash

US President Donald Trump defended his controversial diesel agreement with Russia on Monday, despite growing bipartisan criticism from lawmakers who warn that the arrangement could violate US sanctions and restrictions on...

Wall Street Ends Mixed as Investors Await CPI and Bank Earnings

Wall Street closed mixed on Monday as investors prepared for crucial U.S. inflation data and quarterly earnings from major banks. Rising oil prices and geopolitical tensions also influenced market sentiment ahead of a busy...

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

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...

Samsung, SK Hynix Shares Fall as China's CXMT Advances DRAM Technology

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix dropped more than 3% on Monday after Chinese memory chipmaker ChangXin Memory Technologies (CXMT) announced progress in advanced DRAM technology,...