Brexit: The Potential Impact of No-Deal on Defence Budgets

Jack Harding  Head of Political Risk This week will define the economic and political future of the United Kingdom. On 12 March, MPs will gather in Westminster to vote on Theresa May’s Brexit deal. If it is accepted, then the UK will leave the EU on 29 March as planned. However, if it is rejected (and rumours suggest that this might be the case) then MPs will reconvene on 13 March to decide whether the UK will withdraw from the…

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Beware the Ides of March: reasons why the final Brexit countdown may not start just yet

Dr. Rebecca Harding CEO, Coriolis Technologies Another week, another set of deadlines. The Governor of the Bank of England, Mark Carney’s, “Fog of Brexit” is unlikely to clear in the week ahead. On Tuesday there should be another meaningful vote in the House of Commons on Theresa May’s Brexit deal. There is every likelihood that she will be defeated, if the vote goes ahead. If this happens, there will be a vote on the 13th March, presumably after Philip Hammond’s…

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The North Korea – United States Summit: why ‘no deal’ on denuclearisation is a win for China

Jack Harding, Head of Political Risk On Thursday last week, Donald Trump and Kim Jong Un met in Hanoi, Vietnam, for their second summit on the denuclearisation of North Korea and the possible lifting of international sanctions. In the morning, hopes on both sides of the negotiating table for striking a deal appeared to be high; Kim Jong Un even fielded his first ever question from a foreign journalist who asked about his mood going into the talks. He replied,…

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Confidence tricks?

Why economic data will show that there is no room for complacency Dr. Rebecca Harding, CEO It seems the world has dodged the first bullets in a full-blown trade war. However predictable this was, the news that the US and China were agreeing Memoranda of Understanding on a range of trade issues has been greeted with an increase in the trade-weighted value of the US dollar and a sigh of relief around the collective board rooms of corporates and financial…

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The global implications of the Venezuela Crisis

Jack Harding, Head of Political Risk   The crisis in Venezuela escalated over the weekend when embattled president Nicolás Maduro closed the country’s borders with Brazil and Colombia resulting in deadly clashes between security forces and protesters. On Thursday last week, Maduro had announced that he would be shutting the border with Brazil and, on Saturday, he allowed a deadline to pass for permitting international aid into Venezuela by instead ordering troops to block the Colombia-Venezuela border crossing at the…

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