Authored by Egon von Greyerz via GoldSwitzerland.com, A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure. But let’s first look at another circus – The global travelling circus […]
The past few months have been rough for the United Kingdom. Energy prices are soaring. National inflation has breached double digits. The longest-serving British monarch has died. The shortest-serving prime minister has quit. You probably […]
London had previously pledged to phase out purchases of Russian oil by the end of 2022 The United Kingdom will halt shipments of liquefied natural gas (LNG) from Russia as early as January, the Foreign […]
British navy personnel planted explosives and blew up the Nord Stream gas pipelines last month, Russia’s defence ministry says, a claim London called false and designed to distract from Moscow’s military failures in Ukraine. Russia […]
Quebec sovereigntists have called on Canada to cut ties with the British monarchy, which the head of the Bloc Quebecois party described as a costly and “archaic” symbol. The party’s symbolic motion, debated in the […]
Moody’s ratings agency slashed the UK’s economic outlook from “stable” to “negative.” The agency issued a statement in which it referenced the “heightened unpredictability in policymaking amid a volatile domestic political landscape, which challenges the […]
Today’s market moves were very much specific as geopolitical and macro-economic chaos reigned… It appeared like BoJ stepped in rather inelegantly last night as the Asian FX markets started trading (in an attempt to use […]
On Saturday the Guardia is reporting that UK landowners are asking whoever should come to power after Liz Truss in Britain to eliminate her plans to ban solar farms on farmland. Farmers are noting that […]
By Michael Every of Rabobank Hu’s who and what’s what For some, today’s big news is former British PM BoJo dropping put of the Tory leadership contest, marking the coronation of former Chancellor Sunak as […]
While Tories are looking for a new prime minister after the resignation of Liz Truss, the Labour Party, having reinvented itself, seems destined to take up the reins of government sooner rather than later. Since […]
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