Governatives

Puerto Rico has been saved. The US president, Barack Obama, will sign a law that was passed by Congress and that will allow the restructuring of the debt of the American territory, which threatened to declare default in the coming days. A decision that opens the way for the restructuring of the debt of 72 billion dollars in bonds and the governor of Puerto Rico, Alejandro Garcia, had clearly stated that he could not honor the deadline of 1 July, amounting to $ 2 billion.

"I will put an end to free movement", it is the first point of the program Michael Gove, the British Justice Minister and candidate for the Tory leadership. "I will introduce a point system to the Australian and I will make the numbers" of immigrants.
Gove, in the presentation speech, commended the prime minister resigning David Cameron and the chancellor of the Exchequer, George Osborne that the UK economy "is based on solid foundations."

The shadow of Brexit seems to have already stretched on Europe: within a few days by the outcome of the British referendum, Dutch 56 thousand have signed an online petition calling for the release by the European Union of the Netherlands, delivered by the promoters to lower house of parliament.

S & P has no plans to cut the sovereign ratings of other EU countries following the ‘leave’ victory in the British referendum last week. The statement was made by the head of sovereign ratings agency Moritz Kramer, during a video conference.

On Monday, according to the result of the referendum, S & P had cut two notches its assessment on the UK, to AA from AAA, maintaining a negative outlook.

Brexit is just the beginning, to provide a negative future is the prestigious Financial Times in an editorial signed by Wolfgang Munchau, known for being generous with catastrophic forecasts, prefers the title "Italy could be the next domino piece to fall".

Proposing a comparison between the referendum just held in Britain, the date set for October in Italy on constitutional reforms, on which the President of the Council Matteo Renzi has bet a lot, and that the Referendum of 5 Stars leader, Beppe Grillo, has just reiterated it intends to play on the euro, the columnist goes on to hypothesize an Italy out of the single currency.

Swiss tourism may soon have to deal with the collapse of the pound, a result of the referendum on Brexit in the UK. The statement, made by the vice president of Switzerland Tourism Urs Eberhard to press agency ATS, also makes it clear that the canton Valais would suffer more the drop in overnight stays than others.

Christine Lagarde, during the forum Aspen Ideas Festival in Colorado, USA, while showing that the financial markets have "by far underestimated" the outcome of the vote in Britain, noted with respect for democracy, the outcome of the referendum last Friday.
"We take note of the decision by the people of the UK and urge the British authorities and the EU to work collaboratively to ensure a smooth transition and a new economic relationship between the United Kingdom and the European Union, clarifying procedures and big goals that will drive this process. "

While the initial effects of Brexit were clearly visible in the main financial markets, George Osborne, the British finance minister, suggests that the government will not implement the steps quickly, or that Britain will activate Article 50 of the Lisbon Treaty leave the EU when it is ready "at the appropriate time".
Osborne, with the premise that the country is ready to face the turbulence caused by the decision to leave the Union, explains that "Only Britain can activate Article 50. And, in my opinion, we should not do it until we have a clear vision of the new arrangements to be introduced with our European neighbors ".