Tag: European Union

The UK exit EU vote is second setback for Obama

President Barack Obama placed his prestige behind the UK opting to remain in the European Union and so the British vote to quit the EU in a historic referendum was a blow to him too, the second in 24 hours. The Brits criticized the president at the time for supporting Prime Minister David Cameron’s struggle […]

‘Brexit’ Referendum: 46 Million Eligible to Vote on Future in EU

Europe held its breath Thursday as the U.K. began voting in a national referendum on whether or not to quit the European Union, with the outcome predicted to be on a knife-edge after a months-long and bitterly divisive campaign.   Polling stations opened at 7 a.m. (2 a.m. ET) with a record-setting 46.5 million people […]

What impact will the Brexit referendum have on Israel?

While it may have huge ramifications for Britain, Europe, and the world’s economy, Britain’s decision on Thursday to leave or remain a part of the 28-state European Union will have little impact on Israel, Yigal Palmor, a veteran diplomat, said on Wednesday.   Palmor’s comments followed a statement made on Monday evening by Prime Minister […]

EU referendum: ‘Remain’ vote could still trigger political instability in the UK

Britain will vote to remain in the European Union by a narrow margin tomorrow (23 June) but the outcome will nevertheless cause political instability in the UK and in the 28-country bloc, according to Citigroup analysts.   The Leave campaign has gained strong momentum over the past couple weeks but, with less than 24 hours […]

Fed’s Yellen: US economy faces ‘considerable uncertainty’

Washington (AFP) – Federal Reserve Chair Janet Yellen warned Tuesday that the US economy faces “considerable uncertainty” from slower domestic activity and from a possible British vote to break with the European Union.   Pointing to dragging hiring and business investment recently, and to the risk that a pro-Brexit vote will send shock waves through […]

Israel slams EU backing of international peace conference

The foreign ministers of the 28-member EU threw their support Monday behind the convening of an international peace conference at the end of the year, triggering an irritated response from Israel.   “The EU is determined, alongside other international and regional partners, to bring a concrete and substantial contribution to a global set of incentives […]

Soros sees Russia emerging as global power as EU fades

LONDON (Reuters) – Billionaire investor George Soros said on Monday he saw Russia emerging as a global power as the European Union collapses, in much the same way as the EU flourished when the Soviet Union started falling.   Soros added that he felt “more than ever” that the EU’s destiny hinged on Ukraine’s future, […]

George Soros warns that Brexit would be worse than Black Wednesday crash

George Soros is clear: A vote to leave the EU would trigger a collapse in the British pound worse than Black Wednesday.   Writing in The Guardian on Monday, the legendary macro trader said that Britain currently risks subjecting itself to one of the worst one-day currency collapses in its history if it votes to […]

An EU army is not just a stupid idea – it’s a grave threat to our own security

Of all the issues EU officials would like to conceal from the British public ahead of next week’s referendum vote, the one that arguably poses the gravest threat to our future security is their proposal to establish a European defence force. As part of their increasingly desperate efforts to prevent a Brexit vote, Eurocrats are […]

EU, Turkey coming closer to completing agreement

European Council President Donald Tusk told Bild that the EU is moving forward in its efforts to allow Turkish citizens to enter without obtaining a prior visa.   “The negotiations will certainly last until October but we’re getting ever closer,” he said, after insisting that the EU will not give in until “they have fulfilled all of […]