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...

How Britain Could Reverse Its Historic Brexit Vote

By Jacqueline Leo

Oops! Maybe they just wanted to make a point when 52 percent voted to leave the European Union. But the British voters did more than that: Investors (including public pensions, unions, and 401ks)...
Behind the Brexit Crisis: Rage Against the Global Financial Machine

By Anthony Mirhaydari

The damage from last week's surprising Brexit vote is continuing this week, with U.S. equities down again sharply on Monday. Key technical support levels have already been violated or are under...
Why Brexit Fears Are Far from Over for Investors

By Anthony Mirhaydari

Friday's post-"Brexit" market wipeout was one for the record books: The $2.08 trillion decline was the worst single day ever. The CBOE Volatility Index (VIX), Wall Street's "fear gauge," posted its...
In the Aftermath of the Brexit Vote, the Bluffing Continues

By Rob Garver

The entire process leading up to last week’s vote by the citizens of the United Kingdom to leave the European Union was an extended exercise in bluff calling that doesn’t appear likely to end anytime...
Meet Boris Johnson, the Man Who Led the Brexit -- and May Lead the UK

By Eric Pianin

The London bookies already are touting Boris Johnson as the prohibitive favorite to succeed David Cameron as prime minister in the wake of Thursday’s cataclysmic vote to take Great Britain out of the...

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