GBP News 

UK retirees rushing to settle in Europe, say financial advisers

“British retirees are rushing to settle in European countries such as Spain, Portugal and France before the Brexit deadline, according to financial advisers, believing that such a move will become significantly more difficult in the future” writes Anushka Asthana for theguardian.com. Blevins Franks, which specialises in financial advice for those retiring into Spain, Portugal or France, has seen a 20% to 25% increase in business, he said. Source: theguardian.com Share This:

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Is the World Slouching Toward a Grave Systemic Crisis?

“Looking around other countries or regions around the world, probably all of us share some sense that the world is slouching toward another cycle of grave systemic crisis” writes Philip Zelikow for theatlantic.com. Is a more open and civilized world really safer and better for Americans?. These are just the places that therefore are least likely to change the course of world history in any positive way.When such a crisis comes in the modern world, there can be upheavals—often violent—all over the world.In this speech he reflects on the much-discussed…

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Markets News 

RV sales soar across Europe and US as people fall back in love with the road trip

“The latest numbers from the European Caravan Federation (ECF) show the European motorcaravan and caravan market did exceedingly well in 2016, registering its highest sales in seven years” writes Matt Clinch for cnbc.com. In the first quarter of this year, Germany – the largest market for leisure vehicles – saw a 6 percent year-on-year rise with 14,366 new registrations, whereas Great Britain showed a 6.6 percent rise with 9,770 new vehicles registered. Source: cnbc.com Share This:

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Billionaire hedge fund titan crushing market says passive indexing making it easier to outperform

“He noted how the move to passive funds bodes well for future hedge fund industry returns” writes Cameron Costa for cnbc.com. The hedge fund manager also believes the restructuring theme is also working in Europe.York Capital Management founder Jamie Dinan says he’s finding “huge opportunities” in Japan and Europe.Dinan also defended active management and emphasized “good managers will outperform.”.  Source: cnbc.com Share This:

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It’s Up to Europe to Save the Iran Deal

“Finally, Europe can encourage its international partners to enact measures ensuring that any reimposed U.S. sanctions have a limited effect on the Iran deal” writes Lu-hai Liang for foreignpolicy.com. He has also openly stated his determination to blow up the Iran deal.Before the nuclear deal was successfully negotiated in July 2015, it was conventional wisdom in Washington that Iranian leaders only respond to pressure.Europe can once again encourage its partners to take preemptive action aimed at warning off the Trump administration from derailing the nuclear deal.If it has the political…

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Dollar could be about to hit an inflection point, Wells Fargo says

“While in the U.S. the Fed is raising rates and shrinking its balance sheet, in Europe, the central bank is unlikely to deviate from negative rates soon” writes -sameer Samana for cnbc.com. Disappointing economic data, political uncertainty and positive developments abroad have sent the U.S. dollar lower despite two rate hikes by the Federal Reserve.At the same time growth and inflation in the U.S. have recovered at a faster pace than in Europe. “While that lead has narrowed as growth and inflation in the euro area have rebounded, it still…

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McMaster: Russia is trying to ‘break apart Europe’

“President Donald Trump’s national security adviser, H.R. McMaster, addressed heightening tensions between the US and Russia, as well as Trump’s understanding of the threat Russia poses, during an interview with MSNBC’s Hugh Hewitt that aired on Sunday” writes Aol Staff for aol.com. McMaster characterized it as a “sophisticated campaign of subversion and disinformation and propaganda that is going every day in an effort to break apart Europe and that pit political groups against each other … to sow dissension and conspiracy theories.”.  Source: aol.com Share This:

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Rouhani, embarking on second term in Iran, asks Europe not to side with Trump

“Iranian President Hassan Rouhani, who is being sworn-in for a further term on Saturday, has accused the United States of trying to undermine Tehran’s nuclear deal with world powers, and urged European countries not to side with Washington” writes Simon Dawson for cnbc.com. “The US’s repeated violations of its commitments and the new sanctions it imposed on Iran have left a negative impact on Iran’s public opinion, and can hamper implementation of the nuclear deal,” Rouhani was quoted as saying by Tasnim news agency in advance of the ceremony. Source: cnbc.com…

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CRISPR patent battle in Europe takes a ‘wild’ twist with surprising player

“MilliporeSigma, a subsidiary of pharmaceutical giant Merck KGaA of Darmstadt, Germany, has become a new major player in the complicated European patent battles over CRISPR, the revolutionary genome-editing tool” writes Jon Cohen for sciencemag.org. Jacob Sherkow, a patent specialist at the New York Law School in New York City who has followed the CRISPR case closely, says he’s “pretty shocked” by EPO’s decision. Source: sciencemag.org Share This:

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Why Europe Opposes America’s New Russia Sanctions

“When President Trump on Wednesday signed into law a bill that will impose new sanctions on Russia, he simultaneously expressed his opposition to the measure” writes Yasmeen Serhan for theatlantic.com. Even then, those sanctions came at a cost to the European economy—it’s estimated the sanctions cost the EU as much as 100 billion euros. Source: theatlantic.com Share This:

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