Browsing: BREXIT

More than twenty years after the creation of the new states in Nigeria, some are still struggling to stand on their own two feet! Can any of them even be financially independent? What can they do without continual financial support from the Federal Government? Nothing! So how will a new country survive with no funds from a Federal Government?

The government white paper “lays out a pragmatic and principled approach to converting EU law into UK law on the day we leave the EU, giving businesses, workers and investors as much certainty as possible”, Brexit Secretary, David Davis, told parliament

Uwaleke said foreign investors would continue to wait on the sidelines for the uncertainty created by Brexit to clear before investing in the market.
“I foresee the Brexit hangover further pushing the equities market into the bearish territory as foreign investors continue to wait on the sidelines for the uncertainty created by Brexit to clear,” Uwaleke said

He would be laughing now. At the heart of the anger that triggered the “Leave” vote last week is the futile attempt, even after many decades, by the British to see themselves as Europeans. Immigration is probably the next big issue. A flood of immigration, especially from EU countries, saw 185,000 net EU citizens move into the UK in 2015 alone, with over 40 per cent of them citing jobs as the main reason.

Global markets erased another $69.2 billion from the combined net worth of the world’s 400 richest people on the first trading day of the week after the Brexit vote, bringing total loss to $196.2 billion in 48 hours