Brexit

Brexit Starts Now: Here’s How Great Britain Will Leave the European Union

By Gemma Acton, CNBC

The formal two-year process governing Britain's departure from the European Union (EU) began when Article 50 of the Treaty of Lisbon, which became law in 2009, was triggered on Wednesday. Here, CNBC...
On Day One, Trump Faces Two Huge Foreign Policy Challenges

By Patrick Smith

Barack Obama isn’t handing Donald Trump any portfolio of foreign-policy successes as he passes the baton the next president. Trump is about to step into a world that his peace-prize-winning...
5 Foreign Policy Challenges President-Elect Trump Faces Before He Unpacks

By Patrick Smith

Foreigners always watch U.S. elections, but rarely with the edge-of-the-seat suspense evident as the votes were tallied Tuesday. With Donald Trump’s dramatic victory, they’re as much in the dark as...
Britain’s Tarnished Sterling: A Global Warning for Theresa May on Brexit

By Patrick Smith

At 7:07 last Friday in Hong Kong, the British pound suddenly plummeted: In the next two minutes it fell 6.1 percent, to $1.18, its lowest level since 1985. In the next half hour, it regained most of...
Everyone's Ignoring This Huge Threat to the Global Economy

By Desmond Lachman

A striking feature of a US election campaign focused on the supposed ills of globalization is how little attention is being drawn to Germany’s extraordinarily large external current account surplus...

Why You Should Book a Trip to London Right Now

By Beth Braverman

There’s no shortage of economic uncertainty following the decision by a slim majority of British voters last month to leave the European Union. The decision is a short-term boon to anyone who wants...
Theresa May: 8 Things You Should Know About the UK’s New Prime Minister

By The Fiscal Times Staff

Theresa May became Britain’s second female prime minister Wednesday, three weeks after the U.K. voted to leave the European Union. The 59-year-old becomes the 13 th prime minister to lead the U.K...
Theresa May’s Biggest Challenge: Her Party’s Division on Brexit

By CJ Arlotta, The Fiscal Times

In her first speech as Britain’s new prime minister, Theresa May spoke to her country’s working-class families and pledged to build a “better Britain” for them. “As we leave the European Union, we...
David Cameron's Great Blunder

By Hilton L. Root

First Britain, now Italy, what’s next? The Brexit has triggered the EU’s worst political crisis. And to make matters worse Britain’s Prime Minister David Camron steps down on Wednesday, having bet...
Under Theresa May, the UK Will Still Be Heading Toward Brexit

By CJ Arlotta, The Fiscal Times

With Conservative leadership candidate Andrea Leadsom bowing out of the race for prime minister, the United Kingdom’s departure from the European Union may become reality. Home Secretary Theresa May...

A Cautionary Tale for Donald Trump as Boris Johnson Steps Aside

By Rob Garver

As November nears, Donald Trump might want to look across the Atlantic at erstwhile candidate for UK Prime Minister, Boris Johnson, who has just learned that leading a populist revolt is a lot more...
After Brexit, EU Leaders Must Wake Up and Smell the Rage

By Liz Peek

What a difference a week makes. As various parties in Britain campaigned to leave the EU, the media derided their quest as the byproduct of xenophobia and bigotry. Voters preferring “Brexit,” we were...
The Upside of Brexit: 9 Ways You Can Save Money

By Suman Bhattacharyya

The U.K.’s surprising Brexit vote sent global markets into a tailspin, with economists warning about the possibly dire long-term effects. But beyond the gloomy scenarios lie a few upsides, at least...
Brexit Might Save You Money at the Gas Pump This Fourth of July Weekend

By Ellen Chang, MainStreet

Crude oil prices plunged Friday in the aftermath of the unforeseen results of Brexit vote and will continue their decline in the short-term. That could spell good news at least for drivers stateside...
Pushed Around and Left Out. The Frightening US Parallels to Brexit

By Liz Peek

Hillary Clinton looks across the pond, and must loathe what she sees. Average English people have acted out, voting for Brexit like naughty children pulling a prank on the school principal. Despite...

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