Left Wing Try to Overturn Democracy in UK

Left Wing Try to Overturn Democracy in UK

Campaigners for a second referendum on Brexit are braving scepticism and even hostility as they hit Britain’s streets as part of a growing movement to get Britons to change their mind. More and more politicians are calling for another vote and recent polls show some 40 percent of the population support it but reactions are […]

GBP British Inflation Accelerated

GBP British Inflation Accelerated

GBP British Inflation Accelerated British inflation accelerated last month on high transport costs, hitting average workers’ purchasing power — but boardroom pay has surged, data showed Wednesday. The Consumer Prices Index (CPI) 12-month rate picked up speed to 2.5 percent in July after 2.4 percent in June, the Office for National Statistics (ONS) said in […]

Interest Rates to Rise in UK

Interest Rates to Rise in UK

The Bank of England appears set Thursday to hike interest rates to combat high inflation, as it eyes fallout from both Brexit and the global trade war, economists say. Policymakers are widely expected to ramp up the British central bank’s main interest rate by a quarter-point to 0.75 percent — which would be the highest […]

President Trump, “Oil Prices are too high, Not good”

President Trump, “Oil Prices are too high, Not good”

President Trump, “Oil Prices are too high, Not good” $USO, $OIL, $UGA “An SPR release would have a psych impact on the market. It may not translate into lower gasoline prices, but it would immediately bring down Crude Oil prices until the market adjusts” The Trump Administration is considering tapping into the nation’s emergency supply […]

The Trump Impact: NATO Allies are Hiking Defense Spending

The Trump Impact: NATO Allies are Hiking Defense Spending

The Trump Impact: NATO Allies are Hiking Defense Spending Sunday, US NATO Ambassador Kay Bailey Hutchison praised President Donald Trump for “making an impact,” and is the 1st in 3 administrations to get allies to hike their defense spending. In an interview Sunday, Amb. Hutchinson remarked “I’ve worked for 3 presidents, all of whom have […]

Soros Seeks to Overturn Democracy in UK

Soros Seeks to Overturn Democracy in UK Brexiteers have reacted with fury at the upcoming launch of a new campaign by pro-Remain group ‘Best for Britain’ which is demanding a second referendum on the UK’s membership of the European Union. “We made our mind up already,” said UKIP MEP Nigel Farage on his LBC radio […]

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound Highlights Several markets across Asia and Europe were closed for the May Day holiday. Tokyo markets will be closed for three days from Wednesday for a string of holidays known as Golden Week, and many investors take additional time off. May has said […]

How GCC Family Philanthropy Creates a Lasting Impact

How GCC Family Philanthropy Creates a Lasting Impact

How GCC Family Philanthropy Creates a Lasting Impact Ramy Sfeir examines the ways family businesses can make a difference to their communities Family businesses in the Gulf Cooperation Council (GCC) are major forces in regional philanthropy, supporting a wide range of causes. And as they undergo important internal changes, with new generations taking control, these […]

“US Electronics Ban to have Little Impact on Dubai Passenger Numbers”

“US Electronics Ban to have Little Impact on Dubai Passenger Numbers”

“US Electronics Ban to have Little Impact on Dubai Passenger Numbers” Paul Griffiths said a “very tiny proportion” of passengers might choose to switch airlines The CEO of Dubai Airports believes the US ban on carry-on large electronics will have no significant impact on passenger numbers at Dubai International. In an interview Friday, Mr. Griffiths […]

Starbucks’ (NASDAQ:SBUX) Brand Takes a Hit on CEO Refugee Comments

Starbucks’ (NASDAQ:SBUX) Brand Takes a Hit on CEO Refugee Comments

Starbucks’ (NASDAQ:SBUX) Brand Takes a Hit on CEO Refugee Comments $SBUX, $TWTR, $FB, $DNKN Starbucks Corp’s (NYSE:SBUX) vow to hire thousands of refugees after President Donald Trump’s 1st executive order that temporarily banned travel from 7 mostly-Muslim nations appears to be hurting customer sentiment of the coffee chain. President Trump’s supporters have used Twitter (NYSE:TWTR), […]

China Is Capable of Dealing with the Rising US Trade Protectionism

China Is Capable of Dealing with the Rising US Trade Protectionism

China Is Capable of Dealing with the Rising US Trade Protectionism $UBS Chairman of Swiss bank UBS Axel Weber says that globalization is suffering setbacks, but China is capable of making up for the negative impact on its growth by using more domestic fiscal and monetary stimulus. “Globalization never happened in a straight line. There are […]

UAE has ‘No Plans’ to Introduce Income Tax

UAE has ‘No Plans’ to Introduce Income Tax

UAE has ‘No Plans’ to Introduce Income Tax Projects in latest budget will not rely on new taxes or additional fees, finance ministry said The UAE has no plans to impose new taxes on individuals and the government is not studying the introduction of more fees for services, Younis al-Khouri, under-secretary at the finance ministry, […]

Donald Trump, “The good news, Melania’s speech had major impact.”

Donald Trump, “The good news, Melania’s speech had major impact.”

Donald Trump, “The good news, Melania’s speech had major impact.” Donald Trump commented Wednesday on the Melania’s historic speach to the Republican National Convention, praising the impact for generating “more publicity than any in the history of politics.” The Monday night speech generated huge searches on Google and conversations on Facebook that is continuing. Donald Trump […]

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions

Brexit to Have Little Impact on Saudi and UAE Financial Institutions Saudi said it had already made some adjustments to assets denominated in Pound Sterling and Euros Saturday, 2  Gulf states said they did not anticipate their financial institutions to be greatly affected as a result of Britain’s vote to leave the EU. Saudi Arabia, […]

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]