Turkey’s political and economic crisis has sent its currency tumbling to a record low against the U.S. dollar Friday and unsettled investors amid fears that the contagion may spread from the small southern European economy into financial markets around the world. So … Read More
The majority of people in the UK would now vote to remain part of the European Union, according to a new poll. A YouGov survey on Friday (10 August) suggests 53 percent of voters would choose to stay in the … Read More
–The euro fell half a percent against the dollar after reports that the ECB officials are concerned about European banks’ exposure to Turkey. –Data from the Bank for International Settlements (BIS) showed that Spanish banks are due $83.3 billion by … Read More
Turkey may start ‘looking for new friends,’ Erdogan writes Trump boosted U.S. sanctions amid rout in Turkish markets Donald Trump with Recep Tayyip Erdogan on July 11. Photographer: Marlene Awaad/Bloomberg Turkey’s President Recep Tayyip Erdogan warned the U.S. that its decades-long … Read More
After US president hikes taxes, Turkish president encourages Turks to buy lira in two separate speeches as currency hits record lows. The value of the lira dropped as much as 20 percent on Friday (AFP) President Recep Tayyip Erdogan told … Read More
DANISH eurosceptics are plotting on using the British Brexit deal as a blueprint to relaunch their own attempt to leave the European Union. Danish People’s Party leader Kristian Thulesen Dahl admit plans to quit the Brussels bloc are currently on … Read More
Prime Minister Theresa May (left) meets with Scotland’s First Minister Nicola Sturgeon at Bute House in Edinburgh. Theresa May will be urged to set out a “Plan B” for Brexit during crunch talks with Nicola Sturgeon in Edinburgh today amid … Read More
Attacking Brussels for ‘intransigence’ shows how deluded Leavers are about their ability to strike a favourable deal. On Easter Island in the South Pacific, hundreds of vast stone heads each weighing around 12 tonnes gaze into the distance, keeping their … Read More
Extreme heat continues to grip Portugal and Spain, with little relief in sight. The continued hot, dry conditions are presenting great challenges to firefighters across Europe. HE HEAT WAVE GOES ON … AND ON Portugal: Sitting is good … This … Read More
Remain fears ‘blind Brexit’, under which key decisions are postponed, would be worse than a no-deal Brexit. German sources insisted that despite several reports, no instruction had been issued to back a vague blueprint deal. Photograph: Sean Gallup/Getty Images Reports … Read More