-
UK Promotes Bitcoin In Southeast Asia
Wednesday, August 5, 2015 - 7:41am | 335Last week, 31 executives together with British Prime Minister David Cameron made their way across Southeast Asia in order to promote the UK's blossoming fintech sector. Cameron has praised the sector's ongoing innovation and U.K. officials have been working together with industry leaders...
-
Cameron Working UK Membership Revamp
Friday, May 29, 2015 - 1:03pm | 367This week British Prime Minister David Cameron set out to persuade EU leaders to rethink the UK's membership on a two-day trip around Europe. Cameron has promised to hold a referendum on the region's membership in the EU by 2017, but first he plans to revamp it to make it more appealing to the...
-
Cameron May Find Support In Germany For A Better EU Membership
Friday, May 22, 2015 - 2:54pm | 349Upon his re-election as British Prime Minister, David Cameron pledged to begin negotiations with eurozone policymakers in order to revise the UK's membership within the EU. During his campaign, Cameron promised to hold a referendum on the region's membership by 2017, though he has made...
-
Europe Tries To Avoid Cumbersome Laws With New Initiative
Monday, May 18, 2015 - 2:02pm | 360This week could be the beginning of a more streamlined, responsible European Union, as the bloc's policy makers are set to discuss a new "Better Regulation" initiative. In an effort to cut down on unnecessary regulation, the European Commission is set to unveil a new proposal aimed at preventing...
-
Cameron Wastes No Time Negotiating A New EU Membership For The UK
Tuesday, May 12, 2015 - 1:58pm | 447Just days after being re-elected in a close-call vote, British Prime Minister David Cameron said he's already begun the process of renegotiating the UK's membership in the EU. One of Cameron's campaign promises was to hold a referendum on the region's EU membership once he'd negotiated a better...
-
UK Markets Breathe A Sigh Of Relief
Friday, May 8, 2015 - 12:26pm | 295In the early hours of Friday's trading, UK's FTSE gained 1.7 percent after the region's elections ended with a victory for Prime Minister David Cameron and the Conservative party. In the lead up to the election, polls showed that UK's two main parties, Labour and Conservatives,...
-
Greece Isn't The Only Flight Risk For The Eurozone
Tuesday, April 28, 2015 - 11:48am | 367Greece's financial woes have raised questions over whether or not the eurozone should be preparing for the nation to exit the currency union. However, although Greece has been in the spotlight for the better part of three months, it isn't the only nation the European Union stands to...
-
Price Pressure In The Eurozone Adds To Calls For A 'Brexit'
Thursday, January 8, 2015 - 5:01pm | 376Data out Wednesday showed that consumer prices in the eurozone fell 0.2 percent in December, something many believe is the beginning of a lengthy period of deflation within the bloc. Some eurozone companies claim that the damage from falling inflation has been offset by a weaker euro, but the...
-
The Biggest Surprise On Monday Wasn't Japan, Bank of England's Mark Carney, Mario Draghi Or Even David Cameron
Tuesday, November 18, 2014 - 10:04am | 879Perhaps the biggest surprise of the day Monday wasn't the fact that Japan suddenly finds itself back in a recession. Nor the fact that the Bank of England's Mark Carney began to publicly fret about deflation. Or that Super Mario started talking about QE again. Or even that David...
-
Euro Struggles As Fed Moves In Opposite Direction From ECB
Thursday, September 18, 2014 - 7:45am | 327The euro plummeted on Wednesday after the Federal Reserve’s monthly policy meeting served as a reminder that the U.S. central bank is moving in the polar opposite direction from the European Central Bank. On Thursday, the common currency steadied at $1.2878 as investors anxiously awaited...
-
#PreMarket Primer: Thursday, September 18: Scotland Heads To The Polls
Thursday, September 18, 2014 - 7:43am | 1239Markets will be anxiously watching Scotland on Thursday as the nation begins a vote on whether or not to remain a part of the U.K. Polls out on Wednesday showed that those opposed to independence have a slight edge over supporters, but that around 10 percent of the nation remained undecided....
-
#PreMarket Primer: Tuesday, May 13: Moscow Gives No Response To Donetsk's Request To Join Russia
Tuesday, May 13, 2014 - 7:03am | 1195Following a referendum on secession over the weekend, pro-Russian separatists in Ukraine formally asked to become a part of Russia on Monday. Ukraine’s Donetsk region, where much of the conflict has been centered, made a plea to the Kremlin which was reminiscent of the situation in Crimea...
-
Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
-
Market Primer: Monday, October 7: The States Are Rising As Shutdown Continues
Monday, October 7, 2013 - 6:45am | 963The US government has shown no signs of progress in reaching an agreement that will restart Federal operations, adding to worries that the two sides will remain at odds through the October 17 deadline to raise the country’s borrowing limit. House Speaker John Boehner has said he will work...
-
Merkel Considers Cameron's Proposal to Renegotiate British Membership with the EU
Friday, January 25, 2013 - 8:25am | 366The euro traded steadily on Friday morning even after UK Prime Minister David Cameron gave a worrying speech on Wednesday; in which he promised to but Britain's membership to the EU to a vote if his Conservative party won the upcoming election. Following his speech, the common currency was little...