Governatives

Theresa May, the first prime minister after the brexit

Theresa May, 59-year-old, is in fact the new prime minister of the UK, although the task will be delivered only in October when David Cameron will step down formally in the hands of Queen Elizabeth.

Within a few months as well, the British island will have its second female Prime Minister and once again the conservative extraction, after ten years of Margaret Thatcher.

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Osborne "on the road" to make UK the most attractive in the world

British Finance Minister Osborne went to the US to meet with major investors on Wall Street, to discuss the future of Brexit statégie to vote, as stated in the note of his office. "While Britain’s decision to leave the EU clearly presents economic challenges, we now have to do everything we can to make the UK the most attractive place in the world to do business," Osborne, who backed staying in the EU, said in a statement .

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Balanced budget for 2017-19 priority for russian government

The Russian state budget for 2017-2019 should be formed based on a scenario that takes into account the worldwide price of oil and the sanctions imposed in Moscow. This was stated by Russian Prime Minister Dmitry Medvedev.

"I have held several sessions, in which we discussed common approaches to the formation of the working budget. There are several development scenarios. But there is a common understanding that during the drafting of the budget is necessary to rely on a traditional approach or if you will, a pessimistic scenario on issues relating to factors that generate our budget "looking in particular" oil prices, the prices of other raw materials, as well as restrictions of sanctions that are still in force", adding that the Russian government could discuss the draft budget for 2017-2019 in October.

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Fitch: warning for UK and Europe, don’t waste time

Fitch sends a warning to Europe and the United Kingdom, that in the aftermath of Brexit have already begun negotiations to regulate future trade relations, beyond the official statements.

The rating agency, in an article by analysts, said that "the negotiations will last longer, it will be worse" for both sides, showing "weak positions" and are affected by the political uncertainty and the risk of food populist positions in other European countries. "The time is crucial for both the United Kingdom, to see materialize the benefits highlighted by supporters of Brexit, both for the European Union, which risks delaying the laborious process of integration.

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The Fed is not the Monopoly bank

In the opionion of Bill Gross, manager of the Janus Global Unconstrained Bond Fund of Janus Capital Group, who has not played by children at the famous board game might have difficulty in managing the US finances. In fact in his latest Investment Outlook titled "Just a Game" wanted to provoke the American financial world with a curious comparison: "If only the Fed governors and US presidents had played more Monopoly and taking less account of the historical models, probably the US economy and its future prospects would be best. "

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OECD Gurria says job insecurity pushed UK to Brexit

The Brexit "will have an impact, is already having an impact in virtually all countries, for transmission chains of the financial markets, interest rates, stock market prices, currency values, spreads, decisions on jobs, but above all, it will have a major impact on Britain. "

This was stated by the Secretary General of OECD, Angel Gurria, during a press conference, stressing that "We’re at almost 10 years after the onset of the financial crisis and large numbers of people are willing to vote for some vision of change", OECD Secretary General Angel Gurria said in an interview in Paris, his first since the Brexit vote. "You just have to look around to see the fragmentation of political systems."

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Brexit isn’t a problem for italian banks

Brexit doesn’t scare Italian banks; this is the concept expressed by Giovanni Sabatini, General Manager ABI, during the presentation of the Global Institute of International Affairs outlook, according to which "the market seems to have changed everything, but if we look at the fundamental Italy and the system Italian bank are less exposed than the Brexit risk ".

"The exposure of the banking sector to financial institutions in Britain is absolutely limited and in any case less than France, Spain and Germany, but for the markets is not so. It looks as if Italy after the vote has been overwhelmed by a huge problem. "

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Reuters poll sees Bank of England waiting for cut rates

The Bank of England will probably wait until August before working to appease the effects of the British decision to leave the European Union and the pound will suffer again in a decisive manner.

They are the results of two surveys conducted by Reuters after the central bank governor Mark Carney spoke to a real risk of a slowdown for the UK economy as a result of the earthquake and Brexit urged banks to continue giving credit .

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