Category Archives: Europe

Brexit: Knives Out for Theresa May (Again) Over Extending Transition Period

The lay of the Brexit land is becoming clearer after the inconclusive October European Council summit.

Brexit: Fatal Complacency?

EU leaders have apparently decided that dealing with Brexit isn’t a pressing matter. That’s not a good move.

Germany Clashes With The U.S. Over Energy Geopolitics

Germany lambastes the US over its threat to sanction companies that participate in Nord Stream 2.

The International Use of the Euro: What Can We Learn From Past Examples of Currency Internationalisation?

European leaders have regularly expressed a desire for a European currency to serve as a reserve currency. The history of the transition from sterling to dollar and Europe’s aspirations sheds light on whether the Euro can assume this role.

Brexit: Things Are Always Darkest Before They Go Completely Black

Don’t kid yourself that the current relative calm on the Brexit front is a good thing.

Brexit: EU-UK Talks Collapse, Disorderly Exit Virtually Certain

Bad Brexit news just got worse.

Mr. Market’s Hissy Fit May Be Over….For Now

Puzzling out the markets have changed, and not changed, since the crisis.

Brexit Chaos

It’s getting harder to figure out what exactly is happening on the Brexit front, but even through the fog of negotiations, things don’t seem to be getting any better.

Italy’s New Fiscal Plans: The Options of the European Commission

What could the European Commission do if it decided to discipline Italy for defying budget rules?

Brexit Derivatives Risk: Did the City Overplay Its £38 Trillion Hand?

Novating UK derivatives contracts entered into by EU clearinghouse members is a ginormous mess, particularly in a Brexit crashout. But how serious a mess?

Brexit Crunch: Is the EU Trying to Save the UK from Itself? Is That Even Possible?

Brexit reaches the”overly dynamic” phase.

Don Quijones: Italy’s Debt Crisis Flares Up, Banks Get Hit, as Showdown with the EU Intensifies

Who will blink first as Italy’s anti-establishment coalition government takes on the EU establishment in a struggle that could have major ramifications for Europe’s monetary union and Italian banks.

Brexit Notes: Tory Conference and DUP Demands Yield More Insanity

Brexit has officially gone around the bend.

Something Russia and EU Appear to Agree on – the Euro

The very rational case for Russia and the EU to trade oil in euros.