Deutsche Bank shifts key business away from London. Brexit could spark an exodus

Two years ago, London had a lock on a key financial business called euro clearing. Then came Brexit. Deutsche Bank has 98,000 staff around the world, including 7,000 in the United Kingdom and 30,000 in Germany. (File Photo) LONDON (CNNMoney) … Read More

Germany’s political crisis is about the future of Europe

posted in: Germany, News

Can you say “No” to a German chancellor when all she is asking you for is 14 days? There is one man who did. Horst Seehofer, interior minister and chairman of the Christian Social Union, the Bavarian sister party of … Read More

Italy’s New Populist Government Pledges to Deport 500,000 Migrants

Italy’s new populist government is expected to deport 500,000 immigrants from the country. Giuseppe Conte, who became Prime Minister on June 1, heads a coalition between the Five Star Movement and Lega parties. Conte’s cabinet, comprised of chiefs of anti-establishment … Read More

How did EU-founding member Italy go Eurosceptic?

The Lega party’s leader Matteo Salvini (C), accompanied by party colleagues Gian Marco Centinaio (L) and Giancarlo Giorgetti (R), addresses the media after a meeting with Italian President Sergio Mattarella at the Quirinal Palace, Rome, Italy, 21 May 2018. [EPA-EFE] … Read More

Want to Understand What Is Wrong With Europe? Look at Italy

Luigi Di Maio, of the Five Star Movement, celebrating victory with his supporters in Pomigliano D’Arco, Italy, on Tuesday. CreditCiro Fusco/European Pressphoto Agency CAMBRIDGE, England — Italy’s election this week has destroyed any remaining hope that the center in European politics … Read More

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