EC rejects Italian budget for 2019

Following Italy’s populist government’s refusal to change its deficit target of 2.4% of GDP, the European Commission announced its decision on budget drafts yesterday. Somewhat unsurprisingly, the EC rejected the Italian budget proposals for 2019, saying that Rome has...


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USD: 94% decline in US soybean exports to China

Figures released yesterday showed that building permits in the US fell 0.6% in October from the previous month. This wasn’t as bad as it might have been, as the markets were expecting an even bigger decline of 0.8%. Meanwhile, housing starts for the same month...


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GBP: CBI industrial trends orders jump to +10

Backbench Brexiter Jacob Rees-Mogg called for Theresa May’s head yesterday and said that his fellow Conservative MPs must seize their chance to oust the Prime Minister now, or risk having her lead the Tories into the next election. There are currently 26 letters that...


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Backbench Brexiter wants May to go now

Yesterday, Backbench Brexiter Jacob Rees-Mogg said that Conservative MPs must vote to remove Theresa May as Prime Minister now if they do not want her to lead the party into the next general election. The chair of the European Research Group of Eurosceptic MPs...


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