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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

Return of the town hall: will Brexit bring British democracy closer to the people?

Jul 08, 2016 23:32 pm UTC| Insights & Views Politics

In the lead up to the EU referendum, the Leave campaign urged voters to take back control from Brussels. Their message invoked the dominance of EU laws and institutions such as the European Commission and the European...

Briferendum Aftermath Series

Brexit shock has caused a sterling crash of historic proportions – here's just how bad it is for the pound

Jul 08, 2016 23:26 pm UTC| Insights & Views

Even before the UKs Brexit vote was official, the pounds value plummeted. It has been much reported that sterling has hit record lows. A look at the history of British currency crises shows how dramatic the shock was....

Briferendum Aftermath Series

Brexistentialism: Britain, the drop out nation in crisis, meets Jean-Paul Sartre

Jul 08, 2016 23:16 pm UTC| Insights & Views

The greatest philosophical one-liner of the 20th century or anti-EU theme tune? Hell is other people began life as a snappy soundbite in Jean-Paul Sartres Huis Clos, a short, harsh, brilliant meditation of a play, written...

Briferendum Aftermath Series

Moody's lowers UK's and EU's growth outlook after Brexit vote

Jul 08, 2016 11:40 am UTC| Commentary Economy

The United Statess rating agency, Moodys, has lowered the growth outlook for the United Kingdom and for theeurozone, following the Brexit win in the EUreferendum on June 23 that diminished confidence among the entire...

Briferendum Aftermath Series

Briferendum Aftermath Series: One pie the world would like to bite out of UK

Jul 08, 2016 11:33 am UTC| Commentary

Clearing house business is one big pie that the financial centers all around the globe would love to steal away from the United Kingdom viz.a.viz London. After the referendum, Londons clearing house business is clearly...

Briferendum Aftermath Series

Briferendum Aftermath Series: Why does Brexit bring UK's consumer confidence down when majority had voted for it?

Jul 08, 2016 07:13 am UTC| Commentary

British consumer confidence as recorded by GFK consumer confidence dropped sharply in the aftermath of the referendum where themajority of the Britons voted in favor of exiting from the Union. GFK released anone-off...

Briferendum Aftermath Series

Briferendum Aftermath Series: UK to get second female Prime Minister after Margaret Thatcher

Jul 08, 2016 06:09 am UTC| Commentary

After the second round of voting among the members of the Parliament (MPs), Britain is heading to get its second female Prime Minister after Margaret Thatcher, the Iron lady. In the second round of voting, front-runner...

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Economy

ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks

The European Central Bank (ECB) will keep all policy options on the table ahead of its July meeting and stands ready to take further action if rising energy costs linked to the Iran conflict fuel broader inflationary...

Asian Currencies Mixed as Dollar Slips on Iran Peace Hopes and Fed Rate Outlook

Asian currencies traded mixed on Friday while the U.S. dollar weakened slightly, as investors assessed growing optimism over a potential U.S.-Iran peace agreement and the latest signals on Federal Reserve interest rate...

Asian Stocks Rally as Trump Signals Iran Peace Deal; Tech and Chip Shares Rebound Strongly

Asian stock markets surged on Friday after U.S. President Donald Trump indicated that a peace agreement with Iran could be finalized soon, boosting investor confidence and driving a broad rally across regional equities....

Japan Core Inflation Seen Steady in May Ahead of BOJ Rate Hike

Japans core inflation rate likely remained unchanged in May, signaling that price pressures are still below the Bank of Japans (BOJ) 2% target despite rising energy costs and expectations of further monetary tightening....

Gold Prices Slide Toward Second Weekly Loss as Fed Rate Hike Expectations Weigh on Market

Gold prices declined on Friday, marking their second straight weekly loss as investors reacted to persistent U.S. inflation concerns and growing expectations that the Federal Reserve could raise interest rates later this...

Politics

South Korea Ballot Shortage Sparks Protests, Election Fraud Claims, and Calls for Rerun

A ballot paper shortage during South Koreas recent local elections has triggered widespread protests, intensified political tensions, and raised concerns about public confidence in the countrys democratic process. Many...

US Plans NATO Force Reduction in Europe Amid Defense Burden Dispute

The United States is reportedly preparing to reduce the number of aircraft, warships, and other military assets available for NATO operations in Europe, a move that could significantly impact the alliances defense...

Trump Signals Possible Iran Peace Deal as Markets Rally

Hopes for a breakthrough in U.S.-Iran relations rose on Friday after U.S. President Donald Trump suggested that a peace agreement with Iran could be finalized as early as this weekend. If completed, the deal would mark a...

France Hosts Israeli-Palestinian Peace Conference to Revive Two-State Solution

French officials, Israeli and Palestinian civil society leaders, and representatives from dozens of countries gathered in France on Friday to reaffirm support for a two-state solution and prevent the issue from fading amid...

DOJ Sues Virginia Over Law Enforcement Mask Ban

The U.S. Department of Justice (DOJ) has filed a lawsuit against the state of Virginia, challenging a recently enacted law that restricts law enforcement officers from wearing face coverings while carrying out official...

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

Hanmi Semicon Shares Surge After $33 Million SpaceX Investment

South Korean semiconductor equipment maker Hanmi Semiconductor (KS:042700) saw its stock price soar on Friday after announcing a strategic investment in SpaceX, the aerospace company led by Elon Musk. The company revealed...

EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks

Chinese humanoid robotics startup EngineAI has reportedly confidentially filed for an initial public offering (IPO) in Hong Kong, seeking to capitalize on growing investor interest in artificial intelligence (AI) and...

Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop

Adobe (NASDAQ: ADBE) delivered stronger-than-expected fiscal second-quarter 2026 results, surpassing Wall Street forecasts on both revenue and earnings while raising its full-year guidance. The software giant also reported...

SpaceX IPO Sets Record With $75 Billion Raise, Valuation Hits $1.77 Trillion

SpaceX has officially made history after pricing its highly anticipated initial public offering (IPO) at $135 per share, raising an unprecedented $75 billion and becoming the largest IPO ever completed in the United...

Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement

Shares of Astera Labs (NASDAQ: ALAB) and Rocket Lab (NASDAQ: RKLB) climbed sharply in after-hours trading on Thursday after Nasdaq confirmed both companies will be added to the prestigious Nasdaq-100 Index during its June...
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