Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Tuesday, 22 September 19:26 (GMT -05:00)



Business And Politics News

Scotland Will Exit UK Before Brexit, J.P. Morgan Experts Say


According to the analysts of J.P. Morgan, one of the biggest banks in the USA and the entire world, Scotland will hold a referendum to quit the United Kingdom and get complete independence. By 2019, the local authorities will have introduced their own national currencies to replace the British Pound. This is what The Daily Telegraph reports with reference to Michael Barr, who is the the leading expert at J.P, Morgan.

 

 

 

 
In particular, Mr. Barr says that the successor to David Cameron will complete the procedure of quitting the European Union as the Prime Minister of Great Britain. This Brexit is going to be based on the Treaty of Lisbon. The expert expects the procedure to be completed in late 2016.
At the same time, he says that Scotland is going to hold its own referendum in the near future to let the people of Scotland decide whether they want to stay a part of the United Kingdom or quit the union and gain complete independence. If they decide to leave, Scotland will have to introduce its own national currency.
 
For those of you who don’t know, 62% of Scottish voters were against the Brexit while the overall results happened to be on their opponents’ side. When the referendum results were revealed, the EU authorities urged the British colleagues to start putting the Brexit plan into practice instantly. However, the Brexit plan is not an instant process. It is definitely going to take some time to be completed. Experts say that this is not going to happen until 2019.
 

 

At the same time, First Minister of Scotland Nicola Sturgeon commented on the referendum results by saying that Scotland wants to stay a part of the European Union and is going to hold another referendum aimed at quitting the United Kingdom instead. For those of you who don’t now, Scotland already held such a referendum in 2014. Back then, people decided to stay a part of Great Britain. 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Raygan's Former Advisor Accuses the Fed of a Big Fraud

The former budget advisor under Ronal Raygan's administration, of the founders of the so-called Rayganomics, David Stockman, is a big adversary of the Federal Reserve's policies. He thinks that artificial interest rate cuts coupled with uncontrolled QE (money printing) creates madness in financial markets, thus separating asset evaluation from their intrinsic value of those assets.

Publication date: 23 August 07:32 AM

U.S. Labor Market Disappoints, Economy Slows Down

The employment rate in the United States increased by 167.000 people in July 2020. It's important to mention the fact that the data came in much worse than expected. According to Reuters, this increase was expected to reach 1.5 million people. At the same time, July's figures were much worse than those revealed in June 2020.

Publication date: 06 August 10:06 AM

iPhone as a Payment Terminal: Apple Bought a Startup For That

Apple has recently acquired Mobeewave, a startup specializing in online payments. The price of the deal is 100 million dollars. According to Bloomberg, the company's technology may allow Apple to turn iPhones into mobile payment terminals accepting mobile payments. To be more specific, Mobeewave developed a technology making it possible to make financial transactions between mobile devices through the built-in NFC module.
Publication date: 05 August 09:27 AM

China Makes Blockchain Professions Official

There are 1838 officially recognized professions in China. Now, there list is up by 2 professions - blockchain engineer and blockchain app operator. The Chinese Ministry of Human Resources and Social Security (MOHRSS) has recently confirmed that by updating the list of official professions.
Publication date: 20 July 11:42 AM

South Korea Invests Billions In Blockchain Technologies

By 2025, South Korea is planning to invest over 48 billion dollars in  blockchain. The goal is to digitize all of the industrial sectors of the national economy in this post-pandemic era. According to ZDNet Korea, the president highly rated some of the benefits this process may bring to South Korea.

Publication date: 18 July 09:40 AM

Black Lives Matter - Investors Keep Ignoring Major Riot In US In 50 Years. Why?

Everyone has probably heard of the #BlackLivesMatter riots, which have been going on in the United States for a while. However, international financial markets seem to have been underestimating this event, which happens to be the biggest riots in the USA in 50 years! Why is that?

Publication date: 18 June 07:56 AM

Donald Trump Influences Bitcoin Exchange Rate

Publication date: 05 June 04:42 AM

Only 4 Of All Existing Billionaires Made Their Fortunes With Cryptocurrencies

Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
Publication date: 13 April 11:54 AM

Life After Brexit: EU-UK Talks Are Underway

Publication date: 07 March 09:03 AM

USA May Take Steps To Support National Economy After COVID-19 Pandemic

Publication date: 07 March 08:15 AM