Amsterdam, 4 June 2020: The growth of the factoring industry in 2019 continued its upward trend and the reported figures indicate an increase of over 5% to reach 2,917 billion… read more →
This article argues that the EU falls short of maintaining ‘mutual solidarity’ and that the stark economic differences between many EU nations leads to conflicting energy policies with Russia.
Here the story has been less dramatic. After the initial collapse in the pound to a 35-year low against the USD and 11-year low against EUR, we’ve seen a recovery to a level slightly above the average since the Brexit vote.
Unexpected and unpredictable, COVID-19 has already made a huge impact on global economies and markets, including the currency market.
There is, so far as I am aware, little or no precedent for what the UK is attempting to do: seeking to reduce unfettered access to its closest and most important market – which also happens to be one of the world’s two largest. In 2018, 46% of the UK’s exports went to the EU, and 54% of UK imports came from it. Almost all countries in the world try to make trade deals, not dismantle them.
The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
Uncertainty surrounding the Brexit process has continued to dominate the headlines and drive much of the volatility in the foreign exchange market in the past few weeks.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →
