It has long been an article of faith among hardline Brexit backers that the threat of a no-deal Brexit will motivate European leaders, terrified of its likely economic impact at home, to compromise with the UK at the last second on thorny issues […]
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Refugee crackdown will HURT America — in more ways than one
The Trump administration’s decision to further limit the number of refugees who can apply for asylum in the United States will not only have dire human costs in terms of refugees forced to remain in dangerous situations — it will also hurt America in […]
Europe still the booziest continent
This may come as a surprise to, well, no one at all: Europeans still hold the distinction of being the world’s biggest consumers of alcohol, although consumption patterns vary widely across the continent. Also no surprise, there are major health consequences for all those over-indulgent […]
Trump can support Hong Kong protesters (if he wants to)
It remains to be seen if President Donald Trump has any interest in helping Hong Kong’s pro-democracy protesters — but if he does, there are a number of options available to him, write former GOP Speaker of the House Newt Gingrich and Christine Whiton in an […]
Johnson could go to jail if he flouts Brexit delay law
As Boris Johnson faces off with an intransigent Parliament over Brexit, prompting pundits to speculate about his possible courses of action, one shocking possibility has emerged over the last week: he could simply ignore the legislation, passed by a “rebel alliance” including erstwhile members of […]
UK savers, prepare to be screwed by even lower interest rates
With a fresh wave of economic uncertainty gripping Europe and the rest of the world, central banks are considering lowering interest rates even further, and in the UK that means they may soon be heading towards 0% — raising a big question for British savers, […]
Eco-conscious Germans still love their gas guzzlers
The inhabitants of rich countries talk a good game on the environment, but it’s rather a different story when it comes to their own personal preferences and behaviors. On that note, while a large number of Germans profess to be concerned about the environment, they […]
Can threat of decoupling resolve trade war?
Donald Trump’s famous claim that “trade wars are easy to win” has attracted much “I told you so”-ing from economists and pundits, as the U.S. dispute with China drags on and on in the face of Chinese intransigence, apparently with no end in sight. However […]
Unhappily, UK’s unwritten constitution in uncharted territory
The Brexit impasse has pushed British politics close to the historic boundaries of its democratic system of government, and the only thing that’s certain is that this is not a good thing. The Wall Street Journal notes the ways that Boris Johnson’s embattled premiership is […]
Trade wars are hitting global confidence
There is now a serious risk that escalating trade disputes between major global players will tip the world economy into recession, warns the Financial Times editorial board in a new op-ed published Friday. The FT opinion chiefs tally a number of ominous trends as we […]