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Bank of England worries about Brexit
Pete Madeley attempts to make sense of the arguments ahead of the poll.
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Britain must stay in the EU to temper Germany’s “excessive enthusiasm” on European matters, France’s “great pathos” and Italy’s “art of improvisation”, German defence minister Ursula von der Leyen said on Wednesday. Of course, Britain could re-negotiate these agreements, but it will take time.
We know that if Britain decides to leave the bloc, it will have a huge effect on the nation.
Mrs Merkel was meeting with Slovakian prime minister Robert Fico in Berlin, who said one had to remain realistic about the outcome of the referendum.
Zahn sees politics as an elevated issue for the United Kingdom financial markets in the next few years with the current slender Conservative majority under fire if the country votes remain while a leave vote would probably see Prime Minister Cameron tend his resignation. “If a team is behind 0-3 in the 90th minute, it’s not realistic to believe it will turn things around and win 4-3”.
Opinion pollsters are under pressure because they failed to forecast both Prime Minister David Cameron’s unexpectedly decisive election victory and the result of Israel’s election past year.
LUXEMBOURG, June 16 Euro zone finance ministers see no reason to change fiscal or financial stability policies in the single currency bloc before a British referendum on whether to leave the European Union, the chairman of euro zone finance ministers said.
Still, let’s assume the vote does end up favoring Brexit. Echoing previous forecasts, it said the pound would like drop significantly, which would push up inflation.
Juncker was speaking at the St Petersburg International Economic Forum in Russia ahead of talks with Russian President Vladimir Putin.
The official Vote Leave line is that if we leave the EU we will still trade with European countries, but without the restrictions placed on us from striking deals with the rest of the world.
A multinational human resources group claims the UK could be left “critically short” of workers should the UK Brexit vote win the European Union referendum next week.
An ORB poll for The Daily Telegraph put support for “Leave” at 49 percent, compared with Remain’s 48 percent, while two ICM polls, one online and one conducted by telephone, found “Out” held 53 percent support compared with 47 percent support for “In”, the Guardian newspaper, which sponsored the telephone poll said. The latest spoof cartoon by “Europeans without Borders” depicts a gloomy aftermath for Britain should it vote “Out” on June 23.
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The turnaround in bullion prices, their first drop in seven sessions, came after rallying to the highest in almost two years, buoyed by the U.S. Federal Reserve, which sounded a dovish note after its latest policy meeting on Wednesday.