Oil Continues To Climb As Iraq-Kurdistan Tensions Escalate
Commodity Markets Oil prices continued to rally on Tuesday as Iraqi forces move in on the oil-rich city of Kirkuk. Tensions between Kurdistan and Iraq escalated on Monday after the Kurds voted for...
View ArticleSterling Slips After Theresa May’s Power Struggle
Sterling slipped on Monday thanks to a group of Conservative members of parliament agreeing to sign a letter of non-confidence in Prime Minister Theresa May’s ability to lead Britain out of the...
View ArticleHow Resilient Is The British Economy?
With an un-unified government and a Prime Minister who lacks authority, Britain have embarked on a voyage to cut ties with their biggest trading partners: The European Union. Grappling to make progress...
View ArticleHow inflation is choking the British economy
Back in June of last year, the pound was at $1.50 against the dollar as the first votes of the Brexit referendum trickled out. However, as the night veered on it became more apparent that Britain would...
View ArticleBrexit Negotiations Make A Significant Breakthrough
British Prime Minister Theresa May has agreed to honour the UK’s financial liabilities to the European Union. Payments worth €100 billion are due to the EU as a fine for leaving the trading bloc....
View ArticleUK strikes Brexit divorce deal
A breakthrough was made on Brexit negotiations on Friday. British Prime Minister Theresa May has agreed to honour the UK’s financial liabilities to the European Union. Payments worth €40 – €60 billion...
View ArticleBank of England Expected to Keep Interest Rates Unchanged
The Bank of England are widely expected to keep interest rates on hold at this week’s meeting. Considering the recent economic data emerging from the UK, the economy would seem – at best – fragile. The...
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