Hubris will doom the imperial reigns of Macron and Trump December 7, 2018 A political outsider who came out of nowhere to ride to victory on a populist movement he built himself, to the shock of the mainstream establishment. An expert campaigner who promised that he alone had the easy fixes to the challenges that his country had been grappling with for years. A President who now faces [...]
Elon Musk could learn a thing or two from Sweden about a healthy work-life balance December 7, 2018 Last month, Elon Musk issued another controversial decree from his Twitter parapet. Appealing to potential applicants to his various companies, Musk made the claim that “nobody ever changed the world on 40 hours a week”. When pressed for details on what would constitute an earth-altering amount of weekly work, he recommended “80 sustained, peaking above [...]
Editor’s Notes: The Bank of England must protect its independence December 7, 2018 Former chair of the US Federal Reserve Janet Yellen once said “the principle that a central bank should be independent from the government is unassailable.” Donald Trump probably thinks unassailable means you can’t sell it, but even if he understood Yellan’s point he seems determined to ignore it. His broadsides against Fed policy are quite [...]
Bank of England slammed over secret Venezuelan gold summit December 6, 2018 The Bank of England (BoE) has come under fire following reports of a clandestine meeting with senior representatives of Venezuelan dictator Nicolas Maduro. The BoE is due to meet high-ranking Venezuelan officials in London tomorrow to discuss the return of gold worth $550m stored in the bank’s vaults, according to sources. Today it emerged MP [...]
Tony Blair: There’s no point in May pressing forward with parliament vote on ‘half in, half out’ Brexit deal December 6, 2018 Tony Blair believes Theresa May should scrap next week’s vote on her Brexit deal as she is about to hit a “brick wall at speed”. The former Prime Minister told journalists on Thursday afternoon May needs to begin finding a compromise that will pass through the Commons instead of pushing ahead with her “half in, [...]
Lib Dem MP Stephen Lloyd resigns party whip to vote for Theresa May’s Brexit deal December 6, 2018 Liberal Democrat MP Stephen Lloyd has resigned the party whip in order to vote for Theresa May's Brexit deal. Lloyd, the MP for Eastbourne, told the Eastbourne Herald: "It is with great regret that I am today resigning the Liberal Democrat party whip in parliament. "I have come to the conclusion that I cannot honestly uphold [...]
Eve Sleep shares plummet after investors buy in for a discount in £15m fundraising round December 6, 2018 Mattress retailer Eve Sleep’s shares dropped by as much as 16 per cent this morning after it announced investors were buying shares at a discounted price during a £15m fundraising round. The e-commerce specialist said investors had committed to just under £10m of funding, with fund manager Neil Woodford promising £8m, the company’s chairman Paul Pindar adding £1m, [...]
Space X rocket delivers Christmas dinner to International Space Station astronauts December 6, 2018 Elon Musk's Space X sent a rocket hurtling towards the International Space Station yesterday to bring astronauts their Christmas dinner in orbit. The rocket brought a turkey, helpings of cranberry sauce, candied yams and a fruitcake to allow the crew to enjoy Christmas as they might have back on Earth. The rocket also carried 40 mice [...]
Theresa May: Parliament risks no-deal Brexit if it does not vote for withdrawal agreement December 6, 2018 Prime Minister Theresa May today said if parliament does not vote for her deal next Tuesday it either risked a no-deal Brexit or no Brexit at all. She said the agreement she negotiated with the EU was “a good deal and one that delivers on the referendum.” She said she understood there were concerns from [...]
European Court to rule on Brexit reversal case before MPs vote on deal December 6, 2018 The European Court of Justice will decide if the UK can reverse Brexit alone next week, a day before MPs vote on Prime Minister Theresa May’s deal. The ruling, on a case brought by Scottish politicians, is being pushed through at breakneck speed in time for Tuesday’s vote. Earlier this week a top adviser to the court said [...]