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Tag Archives: Brexit

Scotland takes a step towards new independence vote

Edinburgh, United Kingdom | AFP |  Scotland’s announcement on Monday that it will begin preparations for a new independence bid raised the spectre of one of Brexit’s most feared consequences — the break-up of the United Kingdom. First Minister Nicola Sturgeon said she would seek the semi-autonomous Scottish parliament’s authority …

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May sacks top Conservative over Brexit rebellion

London, United Kingdom | AFP | British Prime Minister Theresa May has sacked Michael Heseltine, a senior figure in her Conservative Party, from various advisory roles for rebelling against the government in a Brexit vote in the House of Lords. Heseltine, 83, a former deputy prime minister nicknamed “Tarzan” for his …

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Lords defy May for a second time on Brexit

London, United Kingdom | AFP | Prime Minister Theresa May suffered her second defeat in a week over Brexit Tuesday when the House of Lords voted to give parliament the final say on how Britain leaves the European Union. Peers voted by 366 to 268 to amend the bill empowering …

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Scottish leader presses case for independence vote

Edinburgh, United Kingdom | AFP |  Scotland’s nationalist leader Nicola Sturgeon on Tuesday pressed on with calls for a new independence referendum, saying it might be the only way to protect the country’s interests as Brexit approaches. “Proposing a further decision on independence wouldn’t simply be legitimate, it would almost …

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COMMENT: Three surprises in 2017

  The world could be caught off guard by these potentially transformative developments Economic pundits traditionally offer their (traditionally inaccurate) New Year predictions at the beginning of January. But global conditions this year are anything but traditional, so it seemed appropriate to wait until US President Donald Trump settled into …

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COMMENT: Economics and economic crises

COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …

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COMMENT: Sugar imports not solution

COMMENT: By Michael Mugabira Problem is the group advocating protectionist zoning in production but free market pricing Currently, the local media is awash with stories depicting a sugar crisis in this country. Possible solutions being fronted by Ministry of Trade, Industry & Cooperatives (MTIC) in the forth-coming meeting is possibly …

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UK says Brexit timetable ‘unchanged’ despite shock ruling

London, United Kingdom | AFP | British Prime Minister Theresa May on Friday told European leaders that her March deadline for triggering Brexit negotiations “remains unchanged” despite a court ruling that she first needs parliament’s approval. May told European Commission President Jean-Claude Juncker and German Chancellor Angela Merkel that the …

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