Bank, Corporate Brexodus Begins as “No-Deal” Brexit Looms
Awfully late in the game, various players are facing up to the fact that Brexit may really happen, and it could well be the ugliest version.
Read more...Category Archives: Europe
May’s New Brexit Trade Scheme Dead Before Arrival
Spain tells Theresa May to quit wasting her time on trying to sell the EU27 on a special Brexit trade scheme.
Read more...Brexit: Chaos Visible
As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...Italy Threatens to Throw Spanner in European Alternative to Russian Gas
Italy threatens to make trouble on another European front.
Read more...Why Italy’s Crisis Is the Left’s Crisis
Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.
Read more...Richard Murphy: New Funding Structure for the Bank of England Suggests That the Treasury Thinks the Proverbial Is Going To Hit the Fan
The Bank of England is being readied to print, as in deficit spend, in the face of a hard or crash out Brexit.
Read more...Don Quijones: How the ECB Helped Spain “Recover” Faster than Italy from the Crisis
How “financial repression,” as in negative real interest rates, whacked Italy and boosted Spain.
Read more...EU to Members: Prepare for No Deal Brexit
An official “put on your life jackets” Brexit warning.
Read more...US, Japan Reject G-7 Ocean Plastics Charter
Japan and the United States decline to endorse G-7 Ocean Plastics Charter– a voluntary effort inadequate to the scale of the problem but better than outright neglect.
Read more...Yanis Varoufakis: Why Germany Neither Can Nor Should Pay More To Save the Eurozone
Why Germany is not the solution to the Eurozone’s woes.
Read more...Italy Holds A Mirror to a Broken Europe
The election of a right-wing, populist government in Italy exposes the economic and democratic shortcomings of the European project and its nationalist rivals.
Read more...Merkel’s Government Wobbles Over Immigrant Row as Italy Threatens Canada Trade Deal
Merkel had a bad day and things don’t seem likely to improve any time soon.
Read more...The Italian Mini-BOT Debate
More discussion of how well a proposed Italian parallel currency, the mini-BOT, might work in practice.
Read more...Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?
Gaming out a Brexit scenario.
Read more...Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
Why the self-styled reformist government in Italy is already looking like a paper tiger.
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