Tag Archives: Boris Johnson

Interview with Godfrey Bloom: Part I of II A lot has been said and written about Britain’s political and economic woes since Brexit, and even more so over the last two years. Overwhelmingly, mainstream media coverage has been negative and many of the nation’s problems have been blamed on Brexit itself. The role of the lockdowns, the forced business closures and especially of the extreme fiscal and monetary interventions during the Covid crisis has been downplayed,...

Interview with Godfrey Bloom: Part I of II A lot has been said and written about Britain’s political and economic woes since Brexit, and even more so over the last two years. Overwhelmingly, mainstream media coverage has been negative and many of the nation’s problems have been blamed on Brexit itself. The role of the lockdowns, the forced business closures and especially of the extreme fiscal and monetary interventions during the Covid crisis has been downplayed, or often gone...

It’s been a tumultuous couple of months in UK politics. After a troubled time in office, plagued by scandal, internal party frictions and much public embarrassment, Boris Johnson exited the stage leaving behind a big old mess for his successor to clean up. An economy in tatters, inflation at record highs and an energy crisis the likes of which this generation hasn’t seen before.  It’s a miracle that anyone in the kingdom could be found that would be willing to assume the...

It’s been a tumultuous couple of months in UK politics. After a troubled time in office, plagued by scandal, internal party frictions and much public embarrassment, Boris Johnson exited the stage leaving behind a big old mess for his successor to clean up. An economy in tatters, inflation at record highs and an energy crisis the likes of which this generation hasn’t seen before.  It’s a miracle that anyone in the kingdom could be found that would be...

The virus news stream remains negative; pressure on the dollar has resumed The US economy is taking a step back just as Q3 is about to get under way; there are some minor US data reports today UK Labour leader Starmer overtook Prime Minister Johnson in the latest opinion poll; Macron’s party did poorly in French local elections French and German leaders meet to discuss the planned EU pandemic rescue package; UK and EU begin their “intensified timetable” for Brexit...

After last week’s flurry of events, market activity is set to slow over the next three weeks. But what a flurry of events it was. A new NAFTA apparently has been agreed, and it is set to be approved by the US House of Representatives next week and the Senate early next year. The US and China struck an agreement that will get rid of the immediate tariff threat and unwind half of the punitive tariffs in exchange for a commitment to buy twice the amount of agriculture...

Boris Johnson’s Conservatives won an outright majority in yesterday’s general election, pushing the Tories to an 80-strong Commons majority in what the Daily Mail called a “staggering election landslide.” Given that the Conservatives employed an election slogan of “Get Brexit Done,” it appears the election was largely a referendum on Brexit. The Conservative victory suggests Johnson will now move forward much more quickly on putting a UK-EU agreement in place for UK...

Swiss Franc The Euro has fallen by 0.20% at 1.1368 EUR/CHF and USD/CHF, November 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar is enjoying broad gains against most major and emerging market currencies. Sterling, dragged down by Brexit concerns, is leading the way. With today’s losses, sterling has shed nearly 3.7 cents over the last four...

In confirmation that Theresa May’s upcoming Florence speech this Friday is not only what many have called “the most important day for Brexit since the referendum”, but also the most opaque, the Telegraph reports that UK Foreign Secretary Boris Johnson will resign as before the weekend if Theresa May veers towards a “Swiss-style” arrangement with the EU in her upcoming speech. The Foreign Secretary believes he will have...

Swiss Franc The Euro has risen by 0.36% to 1.153 CHF. EUR/CHF and USD/CHF, September 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Politics seems to dominate the talking points today. Boris Johnson’s weekend op-ed has been rejected by May, and there is talk that Johnson may resign or fired. Sterling is consolidating after pulling back yesterday. Carney said that if the...