Europe’s Welfare State at Risk
European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
Raab Resigns from BREXIT negotiations – May is tottering on Losing the PM Post
The British pound has dropped 1% today and is trading in the mid 127 level. The rumor running around the City (the financial sector in London) is that Prime Minister May has called an emergency press conference and she will resign handing power to Michael Grove. However, it may be more likely that Grove has been offered the job of Brexit secretary in the wake of Dominic Raab’s resignation. Theresa May clearly does not know how to negotiate. Perhaps she should ask Donald Trump to represent Britain in BREXIT negotiations. Thacertainlyin would liven things up and it certainly would end up with a much better deal for Britain.
The pro-BREXIT supporters are demanding a shift in the government’s negotiating strategy first.
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