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...

Why 'Brexit' Is the Biggest Threat Yet to This Bull Market

By Anthony Mirhaydari

Global markets are under historic pressure on Friday after voters in the United Kingdom surprised the world with a decision to leave the European Union after more than 40 years of membership. By all...
What the Brexit Vote Means for the US Economy

By Yuval Rosenberg

The Brits have voted to quit the EU. Now what? Anyone who answers that question with any degree of confidence is probably trying to sell you something. The only certainty at this point is that the...
Clinton Assumes Role of Anti-Trump After Brexit Win

By Rob Garver

Presumptive Democratic presidential nominee Hillary Clinton, in a prepared statement on Friday, reacted much like the former secretary of state she is to the news that voters in the United Kingdom...
Brexit Wins -- Is President Trump Next?

By Rob Garver

The impact of the decision by the people of the United Kingdom to part ways with the European Union -- a move with massive and largely unpredictable economic and political effects -- was felt almost...
How the Brexit Affects Your Retirement

By Dan Burns, Reuters

Britons have voted to leave the European Union, an outcome that has shocked global financial markets, sending stocks plunging and sovereign bonds and the U.S. dollar sharply higher. The decision is...

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