A decade after the Brexit referendum, YouGov polling shows 57% of Britons now say leaving the EU was wrong, while 30% still defend the decision. The anniversary comes amid debate over Brexit’s economic costs, migration politics and the prospect of rejoining the bloc.
Posts tagged as “the Bank of England”
Oil futures experienced a sharp surge in trading volume just before President Trump announced "productive" peace talks with Iran, causing oil prices to drop and stock markets to rise, though the timing has raised suspicions of potential insider trading. The ongoing U.S.-Iran conflict has driven significant volatility in oil prices, with Brent and WTI crude rising over 30%, amid disruptions in the Strait of Hormuz and mixed signals about peace negotiations. This geopolitical uncertainty continues to fuel market instability, influencing inflation expectations and central bank policies while prompting offers of mediation and fluctuating investor confidence.
Mark Carney has been elected as the new leader of Canada's Liberal Party, positioning him to succeed Justin Trudeau as prime minister following Trudeau's resignation announcement. Carney's leadership comes at a challenging time, with Canada facing economic uncertainty due to a trade war initiated by U.S. President Donald Trump and threats of annexation. With a strong mandate from the Liberal Party and a wealth of experience in economic management, Carney is expected to address these pressing issues and navigate the political landscape ahead of an impending federal election.
Key takeaways: The UK Treasury and Bank of England facilitated the sale of Silicon Valley Bank UK to HSBC, ensuring the security of 6.7 billion…