May’s Brexit vote could plunge the UK into fresh political chaos

May’s Brexit vote could plunge the UK into fresh political chaos

Assuming the deal is voted down, the margin of defeat is important. Should May lose by around 30, 40 or perhaps even 50 votes then it’s expected she could stand up in Parliament and say she will return to Brussels and attempt to tweak the deal. If slight concessions were agreed with the EU, that could be enough to persuade some U.K. lawmakers to side with May in a second parliamentary vote. One caveat to…

Read More

Israel’s Lebanon border operation seen as a political move by embattled Netanyahu

Israel’s Lebanon border operation seen as a political move by embattled Netanyahu

Meanwhile, Netanyahu has come under some scrutiny for the timing and publicity of the announcement, which his critics say stems from his desire to distract from weeks of negative press. Local newspaper Haaretz and opposition politicians have called it “Operation Netanyahu Shield.” “I think the IDF activity on the border with Lebanon is dictated by military need, not by politics,” Shapland said. “But the extent of the media coverage of that activity is dictated by…

Read More

Qatari energy minister says leaving OPEC not political — our voice doesn’t count

Qatari energy minister says leaving OPEC not political — our voice doesn’t count

Leaving OPEC was a purely strategic decision and had nothing to do with politics, Qatari Energy Minister Saad al-Kaabi told CNBC on Wednesday. The energy-rich Gulf state announced plans to pull-out of the syndicate on Monday, just days before a meeting between the influential cartel and its allies in Vienna, Austria. Qatar will withdraw from OPEC on January 1, ending a membership that has stood for more than half a century. Neighboring countries have enforced…

Read More

Corporations risking ‘serious corruption’ by failing to disclose political engagement, researchers say

Corporations risking ‘serious corruption’ by failing to disclose political engagement, researchers say

Three-quarters of multinational corporations failed to disclose how they engaged with U.K. politicians last year, with Nissan, Disney and Huawei among the least transparent, according to a report published Monday. Campaign group Transparency International’s 2018 Corporate Political Engagement Index assessed 104 international businesses on their openness with political engagement in Britain. The index looked into areas such as donations to political parties and lobbying of those in power. Researchers found that almost 75 percent of…

Read More

What the EU is saying about the UK’s political turmoil

What the EU is saying about the UK’s political turmoil

With a flurry of resignations in Westminster, and speculation that Prime Minister Theresa May could be pushed out, the spotlight has turned away from Brussels and is firmly focused on the political turmoil in the U.K. But at the EU institutions and across the 27 European countries, officials and politicians have a difficult balancing act. They must be reluctant to pile yet more pressure on May but with just over four months left until the…

Read More

Bond Market: yields fall amid political uncertainty surrounding Brexit

Bond Market: yields fall amid political uncertainty surrounding Brexit

In politics, market focus is largely attuned to Brexit developments, amid heightened fears the U.K. could soon crash out of the European Union without a divorce deal. The British pound suffered its biggest one-day loss against the euro since October 2016 on Thursday, as a flurry of resignations rocked the government of U.K. Prime Minister Theresa May. Back home, investors continue to monitor developments in U.S.-China trade talks. On Thursday, a senior Trump administration official…

Read More

Facebook, Google Tools Reveal Political Ad Removal Data

Public databases that shine a light on online political ads – launched by Facebook and Google before Tuesday’s US elections – offer the public the first broad view of how quickly the companies yank advertisements that break their rules. The databases also provided campaigns unprecedented insight into opponents’ online marketing, enabling them to capitalise on weaknesses, political strategists told Reuters. Facebook and Google, owned by Alphabet, introduced the databases this year to give details on some political…

Read More