Boris’ first official letter to the EU couldn’t be clearer. The backstop must go, because: It hives off Northern Ireland from the rest of the UK It leaves Northern Ireland in a relationship with the EU that the UK doesn’t want It contravenes the Belfast (Good Friday) Agreement – Instead, there must be alternative arrangements, but no hard…
Read more >Premium Insights
Regular articles that provide the latest accounts on recent political decisions and economic data, as well as identifying potential mid to longer-term risks for your investments.
The Week That Will Be (18th August 2019)
This week we will find out: When is Italy heading to elections? – PM Conte makes speech to Italian Parliament Tuesday What excuse will be used for Central Bank stimulus this time? – Annual Jackson Hole symposium Thurs-Sat What will Boris do in his first set-piece? – G7 summit Sat-Mon We already know: Italy is heading for volatility….
Read more >The Economist: Finance and economics articles summarised (16th August 2019)
The Economist: Finance and economics articles summarised (16th August 2019) The trade war and America’s economy The immediate impact of the trade war is easy enough to gauge and is relatively small. Goods trade with China was just 3.2% of GDP pre tariffs. The bigger issue is the impact . . . To read this…
Read more >Una Estate Italiana – MarioMoney explains all
Our Italy specialist, MarioMoney, has put together the attached report to explain why Italy now faces a potential snap election and what happens next. In summary: Salvini has finally decided to take action with a No Confidence vote The coalition could not continue – cracks had been evident for some time Success of the League in EU…
Read more >The Week That Will Be (11th August 2019)
This week we probably won’t find out very much. It is the heart of the summer holidays; there are public holidays in Japan, Europe, and the Arab world; and parliamentary recesses in the UK, US and Europe. But this is only a brief respite. In ten days, the Jackson Hole Symposium kicks off, followed by…
Read more >