As Leaders Await Full Offer, May Vows EU Citizens’ Rights In U.K.

A tepid reception from EU leaders was met, who stressed that many issues remain unresolved, to U.K. Prime Minister Theresa May’s proposal to safeguard residency rights of European Union citizens currently living in the U.K. Saying she wanted to offer them as much certainty as possible about their futures, almost all 3 million EU citizens…

Former Luxembourg Fin Min Says ‘No Way’ UK Can Get Passporting Rights After Brexit

According to Luc Frieden, who has held several portfolios within the Luxembourg cabinet over the past few decades, U.K. financial services firms will definitely not be able to carry on business as normal within the European Union (EU) after it leaves the bloc. “We need a strong partnership with the United Kingdom, it’s our neighbor…

Investors Reaction To Britain’s Inconclusive Vote

While Westminster comes to terms with a hung parliament, Britain was plunged deep into political uncertainty after last week’s inconclusive General Election. It is therefore important to understand the impact on investors over the coming months because of this. “Clearly the pound is a little bit weaker, I think it’s going to bounce around for…

Trump Administration proposes $46.54 billion cut in agricultural subsidies

This will be the biggest cut in federal funding for the rural economy. This has wide ranging repercussions not only for the U.S. rural economy but for all U.S. tax payers as well. In a significant development that could see food prices move up northwards, the White House budget has proposed $46.54 billion in federal…