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Dow Ends Day Up 284

Stocks closed broadly higher on Wall Street for a second day as worries continued to ease over Britain's vote to leave the European Union, the AP reports. The gains over Tuesday and Wednesday erased more than half of the losses US markets suffered in the fallout from last week's vote....

Brexit fuels worries about expected U.S. earnings recovery

By Caroline Valetkevitch and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) - Foreign exchange volatility and economic uncertainty after Britain's vote to leave the European Union have imperiled a projected profit rebound in the United States, where companies have been stuck in an earnings recession since last year. Show More Summary

Brexit Aftermath: EU's New Strategy 'Paving Way' for United European Army

The European Union appears to be interested in exploring the idea of creating a unified NATO-style armed force to protect itself from both internal and external challenges now that Britain, a fierce opponent of the initiative, voted for a divorce from the bloc and does not have a say in the matter.

Ukraine Loses Chance to Change EU Association Deal for its Own Benefit

The Netherlands admitted that the government cannot ignore the results of the vote on the association agreement between the European Union and Ukraine. This may be a signal of the coming stalemate in the EU-Ukraine integration proje...

UK Home Secretary Rules Out Invoking Article 50 on Brexit Before 2017

The UK home secretary emphasized that invoking Article 50 of the Lisbon Treaty on leaving the European Union should not happen before the end of 2016.

'Brexit Means Brexit,' No Attempts to Rejoin, No Second Referendum

The will of the people must be respected, a second referendum on the United Kingdom membership in the European Union is not an option, UK Home Secretary Theresa May said Thursday while announcing her bid for the position of the prime minister and the next Conservative party leader.

Britain's Remain Voters Expect A Big Financial Hit [Infographic]

In the wake of Britain's shock vote to leave the European Union last week, international markets were plunged into turmoil. Investors scrambled to invest their assets in safe-havens such as gold and silver while sterling nosedived 11 percent. While the long term economic consequences of the Brexit are currently unclear, [...]

Russia’s leaders are happy about Brexit, but it won’t help the regime much at home

Before last week’s “Brexit” vote, British Prime Minister David Cameron claimed that Vladimir Putin (and the Islamic State) “might be happy” if the United Kingdom left the European Union. Putin responded that Russia had no interest in the U.K.’s internal affairs. But he added that Britons clearly were dissatisfied with the government’s military policy, which was […]

Francois Hollande Rules Out EU Referendum In France: Report

2 hours agoNews : Huffington Post

PARIS, June 30 (Reuters) - President Francois Hollande on Thursday ruled out organizing a referendum on the European Union in France, saying next year's presidential election will be the opportunity for voters to decide on which European...Show More Summary

DAWN Of The EU Army Is Coming- Says NATO Can’t Be Trusted…

After Britians big ‘F-You’ vote last week, the European Union says it’s having trouble relying on NATO to protect its member states from external threats and must develop a policy

Markets are finally calming down after the chaos caused by Brexit

European stocks are slipping a little on Thursday as the two day bounce that followed the big falls in share prices after Britain's vote to leave the European Union comes to a brief pause. As a result, markets are marking their smallest...Show More Summary

Hightower: Asleep-at-the-Wheel Elites Should Not Have Been Shocked by Brexit Vote

The establishment was too out of touch to know how angry many people were. The most shocking thing about "Brexit"—the British people's resounding vote to pull their country out of the European Union—is that it came as such a shock to the British establishment. Show More Summary

Brexit: A new ‘manifest crisis’ for UK steel?

This steel reporter owes his entire career to the European Union, and specifically British membership of it. I was recruited by what was then the world’s premier metal trade magazine in 1975 shortly after the UK joined the EU, when it...Show More Summary

Who’s Next to Leave? EU Fears an Epidemic of 'Exits' After UK Brexit Vote

After Britain voted for leaving the European Union through a referendum, Brussels is trying to prevent a domino effect and curb similar tendencies in other country members. However, in some EU nations euroscepticism is on the rise.

Don't burden Germany with Brexit costs, warn Merkel's Bavarian allies

BERLIN (Reuters) - Germany should not be burdened with the extra costs arising from Britain leaving the European Union, Bavarian Finance Minister Markus Soeder was quoted as saying on Thursday.

ISIS Hails Brexit Vote as Threat to ‘Unity of Crusader Europe’

4 hours agoNews : Newsweek: US

The Islamic State militant group (ISIS) has issued its first reaction to the British public’s vote to leave the European Union last week, welcoming the decision as a development that could split and destabilize Europe. In the latestShow More Summary

What Next For EU Citizens in Post Brexit Britain?

4 hours agoNews : Newsweek: US

This article was originally published on The Conversation. Read the original article. The result of the referendum in favour of leaving the European Union has thrown almost every aspect of British life up in the air. The main political...Show More Summary

TAFTA/TTIP Just Got Harder: Brexit Is 'A Midsummer Night's Nightmare' Says EU Trade Commissioner

5 hours agoIndustries / Law : Techdirt

After the dramatic and largely unexpected victory of the "Brexit" (Britain Exit) camp in the UK -- those who want the country to leave the European Union -- politicians around the world are trying to work out what the implications will be. Show More Summary

JPMORGAN: 'This is the crucial point wherein Brexit could be stopped'

JPMorgan thinks the only way to stop Britain leaving the EU is for MPs to vote it down in Parliament — but the bank does not think it will happen. Brits voted 52% to 48% to leave the European Union in a referendum on membership last week, a result that has shocked the world and sent financial markets tumbling. Show More Summary

Santander, Deutsche Bank: U.S. stress test repeat offenders

By David Henry New York (Reuters) - U.S. units of Deutsche Bank and Santander suffered the ignominy of failing U.S. stress tests yet again this year, less than a week after Britain's shocking vote to leave the European Union sent their investors running for cover. Show More Summary

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