Brexit is the most important political event of the 21st century. It cuts across so many of the dominant narratives playing out daily in the headlines that it is almost mind-boggling. In fact, just about any theory you can dream up as to why Prime Minister Theresa May has worked so assiduously to betray and […]
Here’s Where Job Growth Picked Up in April…
Act II of the Most Important Political Event of the 21st Century Begins in May…
Tory Support Splinters, Nigel Farage’s Brexit Party Nearly Even in Polls…
The bitter fallout from Brexit is threatening to break the Tory party apart, as a Europhile former cabinet minister Stephen Dorrell on Sunday announces he is defecting to the independent MPs’ group Change UK, and a new opinion poll shows Conservative support plummeting to a five-year low as anti-EU parties surge. The latest defections come […]
Amid Trade War Fears, EU Overrules France and Green Lights Talks with U.S….
European Union countries on Monday overruled France and gave the green light for Brussels to open trade talks with Washington as soon as possible and defuse trans-Atlantic tensions. The EU’s 28 member states had struggled for months to agree on a mandate to open the talks, with some fearing the delay would restart a trade […]
Farage Plans Revolution as Brexit Party Targets EU Election…
One of the United Kingdom’s strongest Brexit proponents launched a new party this week; unveiling the official ‘Brexit Party’ after Theresa May’s government failed to fulfill its promise to leave the European Union. Nigel Farage -a staunch ally of President Trump- addressed supporters Friday and vowed to kick-off a new campaign ahead of next month’s […]
May Agrees to October Brexit After Franco-German Carve-Up…
Britain will remain as a member state of the EU until 31 October, with the option to leave earlier if Theresa May can secure Commons support for the Brexit deal, after a Franco-German carve-up of the UK’s future. A marathon six-hour debate among the EU leaders concluded with the prime minister being offered a longer […]
EU Rejects Theresa May’s Bid for Short Delay to Brexit…
Theresa May’s request for a short Brexit delay has been torn up, putting the EU on track to instead extend Britain’s membership until 2020. Despite the prime minister’s desperate dash to Paris and Berlin, to convince leaders of her plan to break the Brexit impasse, the European council president, Donald Tusk, signalled EU politicians’ lack […]
BMW, VW, and Daimler Colluded to Prevent Better Emissions Control Tech…
On Friday, the European Union Commission accused BMW, Daimler, and Volkswagen Group (which makes VW, Audi, and Porsche vehicles) of colluding to limit emissions reduction technology in their diesel and gas vehicles. The commission accused the three manufacturers of coordinating to limit the size and refill ranges of AdBlue tanks on their diesel vehicles made […]
Brexit: Pandemonium by Yves Smith…
Theresa May appeared to make a major change in course yesterday by starting the process of striking a cross-party deal with Labour on a softer Brexit. However, May also said she wanted to petition the EU to have an extension to May 22…..to approve her Withdrawal Agreement. As we’ll discuss shortly, it’s inconceivable that the […]
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