Why I voted for Brexit

I often get asked, As a Brexit supporter ca you give me one definite advantage of leaving the largest trading bloc in the world?

Well where do I start?

The question asks me to state the reasons why I voted the way I did but it is the wrong question all the same.

I voted for ‘leave’ but I didn’t vote to leave a trading bloc. I voted to leave because I had lost faith with the ability of the European Union to be able to successfully govern itself. There have been several tests of the EU governance model over the past decade or so and, in my opinion, the EU has failed almost all of them.

  1. The way that the EU treated Greece during their financial collapse was a salutary moment for me. I am not Greek, have never been there and don’t really have any intention to in the future, but the way that the EU put the interests of the German banks ahead of the outcome of the population was scandalous. A community of nations? Not a chance!
  2. The EU should never have allowed the Greeks to get themselves into the situation whereby their economy would go into free fall. Everyone knew the Greeks were fiddling the books, not paying taxes, running up huge pension liabilities etc, but nothing was done because the EU desperately wanted Greece in the single currency system and that political goal was more important that the welfare of the Greek population.
  3. Nothing ever is done to address real problems because the political goals (ever closer union, a single currency, an EU army etc. take priority, and that is the Achilles heel of the EU. Italy is in an equally parlous state: its banks are basically bust, tax avoidance is high and it has severe budgetary problems. Nothing will be done by the EU and they will do everything in their power to obstruct any action by the Eurosceptic government of Lega amd Five Star aimed at tacking the problem.
  4. The Southern European countries are all still suffering from a decade of zero growth Or negative growth), high unemployment and stagnation. I had a plethora of talented and skilled Italians, Spaniards, Portuguese, Greeks and Cypriots work for me in London. I know they are not coming to London for the weather or the food. They are coming because their economies have collapsed and they are unable to find work. A generation of youth has been failed.
  5. The failure to offer a coherent and viable approach to the migration issue of a few years ago was the final straw. Again the Southern European countries who had to deal with the huge influx received no meaningful assistance. They were (and still are) thrown under the proverbial bus.

These are just a few examples of some of the biggest failures of coherent governance within the EU and national governments. This is not sustainable in the long term, you cannot keep “kicking the can down the road”. Things need to fundamentally change but I do not have any faith the required political will is there.

Ultimately I took the view that the EU did not have the political will or capability to join too many disparate political views and requirements together. The Northern bloc, Southern bloc and Eastern bloc have economies and histories/cultural biases that will take generations to merge even if the political will is there. It isn’t. This doesn’t end well and I don’t want my children to be tied into an organisation that is not capable of running itself.

Now this is not to say that I think that life outside the EU will be easy for the UK. It won’t. I am also not saying that the governance model in the UK is exemplary. It isn’t and the London centric bias needs to be fundamentally reviewed. But I am taking the very long view and I think that when the day of reckoning comes for the EU, which it will unless the EU is able to fundamentally change the way it is run and operated, then the UK (and my children) will have built up a diversified and resilient trading capability with the whole world and not just the parochial view it currently has with the EU.

Clearly the above analysis is flawed if you think the EU is well governed and you feel that I have fundamentally misunderstood what has happened over the past decade.

 

EU Summit “Dealbreaker” Emerges Hours Before Decision On Merkel’s Fate

 

Suday July 1, 17:00 UK time

This week European leaders were meeting in a desperate bid to agree a common solution to the immigration crisis that is tearing apart the European Union both politically and socially. With Italy having promised to veto any deal to distribute illegal immigrants (bogus refuges and asylum seekers,) throughout member states the leaders were left wiyh few options to consider one of which was a form of detention center called “Disembarkation Platforms,” to be located in northern Africa, where newly arrived migrants could be taken initially for processing of asylum requests.

The intention was that a detailed plan would be agreed during the the major EU Summit meeting held in Brussels over the weekend. The leaders met all day Thursday and then long into the night, finally announcing an agreement at 4:30 am. However, the agreement had no more details than the original proposal, a typical EU get out of agreeing that something needs to be done without saying what can or will be done.

The agreement, an extract of which is reproduced below, confines itself to vague generalisations but says  nothing about how the Disembarkation Platforms would work:

5. In order to definitively break the business model of the smugglers, thus preventing tragic loss of life, it is necessary to eliminate the incentive to embark on perilous journeys. This requires a new approach based on shared or complementary actions among the Member States to the disembarkation of those who are saved in Search And Rescue operations. In that context, the European Council calls on the Council and the Commission to swiftly explore the concept of regional disembarkation platforms, in close cooperation with relevant third countries as well as UNHCR and IOM. Such platforms should operate distinguishing individual situations, in full respect of international law and without creating a pull factor.

That paragraph contains just over 100 words, and it manages to do so while saying absolutely nothing.

No country has volunteered to host a Disembarkation Platform. Algeria, Morocco, and Tunisia have explicitly refused, and a spokesman for one of the three governments in Libya also refused and said that he thought the other two governments would refuse as well. One concern that all of these countries have is that a Disembarkation Platform would encourage jihadist attacks.

But an even bigger political earthquake is about to hit the EU. As we reported the political future of German Chancellor Angela Merkel depended on her securing a deal which would appease members of her fragile governing coalition that have threatened to withdraw support over her failure to deal with the immigration crisis, which has hit Germany particularly hard.

Merkel is fighting for her political future today, Sunday, as conservative rebels in her ruling coalition threaten to withdraw support over immigration as a last minute veto by Visegrad group state throw the deal into doubt. If she cannot convince her main political ally, CSU leader Horst Seehofer, that the deal, which relies on the cooperation of north African states that have already dismissed the idea, will limit immigration into Germany, she faces a political crisis that could end her parliamentary majority and, potentially, her career.


Angela Merkel and Horst Seehofer not seeing eye to eye (Picture: http://www.DW.com )

With an ultimatum thrown down two weeks ago by the CSU to propose a policy on pushing back immigrants into Germany to their nations of origin, or accept the CSU proposal of restoring border controls set to expire tonight, Merkel’s centre-right CDU party and its conservative Bavarian CSU allies are holding separate meetings to weigh the results the EU summit. Seehofer has made his position on the influx of Muslims to his country quite plain.

Merkel had hoped that in the absence of a common solution to the problem, bilateral deals with European migrant discontents – mostly Italy which threatened to veto last week’s summit until the last minute – and German neighbors would be enough to deter Interior Minister and CSU leader Seehofer from overruling her policy decisions by using his authority to order border security to start turning away migrants already registered in other EU nations. Such a unilateral move would force her to fire him, prompting a CSU walkout that would cost her her majority in parliament.

According to a document sent to coalition partners, Merkel sought to assure anti – immigration hardliners in Germany by claiming deals were done with 16 other countries to return already-registered migrants if they reached Germany. The document suggested bilateral deals were “only possible because the chancellor enjoys respect and authority throughout Europe,” Germany’s EU Commissioner and CDU politician Guenther Oettinger said in an interview with the Frankfurter Allgemeine Sonntagszeitung weekly.

But the claimed EU deal looked close to collapse emerged when Italy  and several central European nations including Poland, Hungary, the Czech Republic and Slovakia denied they had agreed to accept returned migrants.

Not only did the news embarrass the German government as it showed Chancellor Merkel does not enjoy widespread respect throughout Europe, where in reality she is held personally responsible for creating the crisis, but false claims about deals not done also caused new conflict with its statement that 14 EU countries had made a “political commitment” to take back refugees who originally arrived on their soil but moved on to Germany. As a result, Germany’s ARD reported that the government leaders in the Czech Republic, Hungary and Poland denied having made any commitment at the summit.

This has prompted fears that a tentative deal could fall apart in the last minute: “Given the different statements from some EU member countries, one can doubt whether all of the decisions at the EU Council will become reality,” head of the CSU parliamentary group Alexander Dobrindt told Bild am Sonntag newspaper.

 

Germany’s DPA news agency reported today that, Seehofer was underwhelmed with Merkel’s achievements and said he was not happy with the results of EU summit which he said is not as effective as turning away unilaterally at Germany’s borders people who have registered already in another EU country. Seehofer also rejected so-called “anchor centres” within Germany.

It looks like the end for Angie Baby as even her own party are fed up of her showing more committment to immigrants than the concerns of German people

Italy hijacks EU conference; new government WREAKS HAVOC at first major summit

A Senior EU official has confirmed Rome is behind the stalled talks in the Belgian capital after a press conference, featuring Jean-Claude Juncker, Donald Tusk and Bulgarian Prime Minister Boyko Borissov.

Express.co.uk has learned Italian Prime Minister Giuseppe Conte has blocked all of the summit conclusions – not just those on migration, which has not even been discussed by leaders of the EU28.

The last time a European Council summit ended with no agreed conclusions was March 2017, which means leaders could be stuck in meetings until the early hours as they struggle to reach an agreement.

An EU diplomat said Rome is “putting a knife on the member states throat” over migration even before the subject is discussed by heads of state.

Italy’s populist government had previously threatened to veto the joint EU statement on migration as German Chancellor Angela Merkel fights to find a European-level solution to avoid a domestic crisis on the issue. The month-old government in Rome argued the words put on the paper were insufficient to address what could become a fresh migration crisis to replicate the summer of 2015.

 

Italy stuns EU as Conte reveals shock migrant plan.

With Angela Merkel’s political future at stake as a special EU summit to discuss the immigration crisis, and almost half of all member states having rejected a Franco – German plan to resolve the problems caused by mass immigration with even higher levels of mass immigration, the recently inaugurated Italian government made a bold bid to become leader of the Eurosceptic states which reject federalism and greater surrender of national sovereignty to Brussels bureaucrats by presenting their own plan for dealing with unwelcome migrants.

The newly-appointed Italian leader revealed his country had presented 15 leaders
attending the migration summit in Brussels with the new proposals.

Giuseppe Conte told the press: “We are here to present the Italian proposal for a new migration policy.

“A completely new Italian proposal based on the new resolution paradigm to solve the migration issue. It’s called the European Multi-Level Strategy for Migration, articulated on six premises and ten objectives.

“It’s aimed at proposing a timely regulation and management policy to control migration flows that is truly effective and sustainable.”

The new proposal demands EU member states accept their share of economic migrants entering the bloc through Italian shores or face a reduction of EU money. There is an element of sarcasm in the proposal as Germany and France have previously, while making a lot of noise about their politically correct ‘open doors’ immigration policies, been happy to let southern European members Italy, Greece and Malta deal with the influx of uneducated, illiterate, hormonally incontinent young males from Africa.

The document includes 10 points that Rome suggested would help manage the influx of migrants coming to the European Union putting a strain on welcoming countries such as .

According to the current policy, countries welcoming refugees and migrants in the first place are charged with handling asylum requests. The new Italian plans impose joint responsibility on EU members  to address the migrant crisis, suggesting that failure to work together would put the Schengen Area at risk.

Mr Conte continued: “It’s a proposal aimed at completely surpassing the Dublin Agreement (which dumps responsibility for refugees on the first safe nation they reach). “We believe that agreement is based on emergency logistics but we want to tackle the issue structurally. Our public opinion demands it.”

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Italy vs EU Clash – When Will It Kick Off?

The League / Five Star coalition Italian government’s economic policies will almost certainly bring the country (opulation 60 million) into conflict with the financial diktat of the Brussels wannabe bureucratic dictators, if the county’s new hard line on immigration do not do so first.

On Italy this is likely just the calm before the next storm given the Five Star and League coalition government’s economic policies are almost inevitably going to be in conflict with the fiscal rules set by Brussels — though the confrontation may take longer to come to a boil because of the presence of technocrats in the new government, a compromise required by Italian president Sergio Mattarella for the government to be formed on June 1. Signs are that the coalition paln to press ahead with the program agreed by League and Five Star leaders regardless of attempts by the EU appointed technocrats to bring the government into line behind Brussel’s push for fiscal integration of its member states.

Over the weekend however, Italy once again roiled Europe,  by demonstrating its drastic shift in immigration politics, when the country’s new populist leader, Matteo Salvini, now operating as Minister of the Interior, made good on his warning last weekend that “the good times for illegals are over”, writing an urgent letter ordering Malta to accept a ship carrying 629 shipwrecked North African migrants currently sitting off the Italian coast – calling Malta the “safest port” for the passengers, and advising that Rome will no longer offer refuge.

rsz_gettyimages-655958494-640x480_0The M V Aquarius carrying over 600 undocumented economic migrants

The Italian message to Europe was simple: having been the port of landing for tens of thousands of migrants in the past two years, Rome would no longer accept boat after boat of North African (or middle eastern) refugees.

Italy’s vocal resistance to accepting further migrants sparked outrage among European leaders who are still ‘on message’ about immigration but Hungary’s Victor Orban and a few others expressed support for the Italians. The move prompted prominent Marxist billionaire (if there’s one thing the left are consistent in it’s hypocrosy,) George Soros, who funds many ‘charities’ involved in helping illegal immigrants get from Africa and Asia to Europe, and the person many have accused of being behind Europe’s unsupportable migration patterns, to urge the EU to compensate Italy for the 100,000+ migrants landing there, noting that the strong showing of far-right parties partly is due to Europe’s ‘flawed’ migration policies.

So just get that straight: Soros and EU leaders including Macron of France and Germany’s Angela Merkel think that the swing in the political balance to the right, which has been triggered by mass immigration can only be fixed by more mass immigration. That only makes sense if you believe the warnings of ‘conspiracy theorists’ that the elite plan to flood Europe with ignorant, semi literate third world peasants and displace the indigenous populations because primitive, religion obsessed peasants are easier to control than educated, questioning Europeans.

Italy of course it a bit too big to be pushed around as Greece, Cyprus, Portugal and Ireland have been pushed around by the EU and with Britain on the way out, Spain fragmenting and Poland, Hungary, Austria, the Czech Republic and Slovenia already at loggerheads with the EU it’s only a matter of time before the whole thing explodes.

 

 

EU’s arrogant plan to break defiance in Italy is a dangerous game

After Eurosceptic parties Lega and Five Star Movement thwarted the atempt of pro – EU president Matarella to overturn the democratic vote and prevent the Eurosceptic coalition from forming a government, the EU, showing its usual comtempt for democracy and the welfare of the people has decided to punish the nation and its people, in similar ways to those used to punish Greece, Portugal and Ireland when the diktat of Brussels was defied. The result is Italy no longer has a lender of last resort ready to buy up its sovereign debt, and therefore has no last line of defence for its always dodgy commercial banking system.

As long as Italians remain defiant and refuse to accept a government of EU approved bureaucratic appointees, The European Central Bank will progressively removing its shield as quantitative easing is wound down and purchases of Italian bonds fall to zero. There will be no protection by the end of the year. The Draghi pledge to do “whatever it takes” to prop up Italy’s membership of the single currency system no longer holds.

No ECB rescue will be possible unless the Italian parliament formally authorises the government to invoke the EU /IMF bail-out mechanisms (OMT-ESM) and accepts austerity imposed by Brussels. This would amount to a “Troika” regime similar to the one that wreaked havoc on society in Greece in order to protect the interests of European .

The bail out funds would then have to be approved by a vote in the German Bundestag and the Dutch Tweede Kamer. The terms they would impose on Italy would effectively put that nation under German occupation. An Italian government would not be able to act without permission from Berlin. It is inconceivable that either Lega nationalists and Five Star Eurosceptics would accept such an arrangement. Some of them would see it as a tactical opportunity to free their country from the “German cage” of monetary union.

President Sergio Mattarella may be a man of Virtù but he is also an unelected placeman of the old “casta”. Should he try to deliver Italy to EU budget commissars through a technical government, in defiance of his own parliament, he risks a dangerous breakdown of civil order.

What the EU are overlooking is that Italy, with a population of almost sisty million and the eighth largest economy in the world, might not accept being bullied as Ireland, Portugal and Greece with their small populations and weak economies had to. They are making the same mistake with Britain, and despite the best efforts of Theresa (the appeaser) May to yield to all their demands are making a civilised process leading to Btitain’s exit from the Union impossible.

Europe has gone back to the ridiculous circumstances of the 2011 crisis when Brussels prioritised saving the failinjg single currency over the economic interests of membr states and a Eurozone member state could lose access to the capital markets and slide into bankruptcy, like any private company, or the City of Detroit, or Orange County (1994).

Italy however, despite its perpetual political and financial chaos chaos, is not a poor nation. The country does not have a debt problem as such. While public liabilities (sovereign debt etc.) are high at 132pc of GDP, private liabilities are low. The Bank of International Settlements estimates that total (core) debt is 263pc of GDP, compared to 290pc in the Netherlands, 303pc in France, 321pc in Portugal, and 338pc in Belgium.

Italians have greater financial wealth per capita than the Germans. They have €1 trillion in bank accounts and $3 trillion in liquid assets. The country has a current account surplus of 2.6pc of GDP. It has a primary budget surplus of 1.7pc of GDP, and a better fiscal record lately than France or Spain.

It is rich but it has become trapped in a “bad equilibrium” with an overvalued intra-EMU exchange rate, as a direct result of being forced to accept the Euro single currency twenty years ago, when although it did not meet the qualifying standards set by the EU itself, it was admitted thanks to creative accounting because the project was never about economic stability, but was seen a major step towards political union and a European Superstate.

<!– Source: Restricting QE to break rebel defiance in Italy is a dangerous game –>

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Italy To Become The Hub Of The EU’s Change Or Die Dilemma

The Eurosceptic,  populist coalition that won the right to form a new government in Italy, Five Star Movement and Lega have agreed their government. The legislative program is very independent and nationalistics  And the bureaucrats in Brussels hate it.

At the moment Brussels is trying to scare the outsiders now in charge in Italy, just as they scared greece, Portugal and Ireland, to soften their stances on reform and maintain a status quo which is destroying a great country and culture. The problem is, excluding Britain which is on the way out, Italy is the third largest EU member nation by both population and economy. And the leaders of the coalition have made clear the position that what is good for Italy is their main priority and what’s god for Brussels and Germany (which are the same thing realy,) are minor considerations.

The League and Five Star Movement leaked demands for $250 billion in debt relief from the ECB.  There was also a demand for developing a mechanism for countries to leave the euro, according to a, now discredited, report from Reuters.

The final proposal doesn’t have any of this inflammatory language, but don’t think the leak wasn’t part of their negotiating strategy or part of where the are ultimately planning to take their country.

The rest of the proposal is hostile enough to Brussels (see below) to cause a major schism with other south European nations and possible the Visegrad group led by Poland’s Eurodissidents supporting the Italians.  And with ECB President Mario Draghi now signaling the need to consolidate European sovereign debt under its umbrella, the stage is set for a huge bust up.

Here’s conservative economist Martin Armstrong’s take:

So everyone else understands what this is about, the ECB President Mario Draghi has come out and proposed interlocking the euro countries to create a “stronger” and “new vehicle” as a “crisis instrument” to save Europe. He is arguing that this should prevent countries from drifting apart in the event of severe economic shocks. Draghi has said it provides “an extra layer of stabilization” which is a code phrase for the coming bond crash. [emphasis mine]

In effect Armstrong is telling us that Draghi understands how bad things truly are and that Italian leadership knows they have the upper hand in debt negotiations. They are prepared to push Brussels hard to get what they want.  And well they should.  League leader Matteo Salvini understands how ruinous the euro as administered by Germany has been for Italy and most of Europe, particularly Greece, Cypris, Portugal and Spain.

So, to him, if the price for Italy to stay in the EU is to force the northern countries to accept debt consolidation and write-down then so be it.

If they won’t agree to that, then Italy’s new leadership is prepared to back to the people and say, “We tried.  Screw them. Let’s walk.”

The rest of the coalition proposals are a mishmash of right and left policy prescriptions that will drive the IMF and Brussels mad.  But it is a credit to these very different parties that they have managed to agree the compromises they must make work if they are to take back their country from the insanity of the status quo in Europe, which serves no one’s ends except the globalist cartel which stands behind the public faces of the EU – Juncker, Merkel, Tusk, Macron, etc.

One is calling for lower taxes and regulation, the other wants generous pensions and universal income.  These are not easy differences to overcome. But they have, to no one’s complete satisfaction. Both leaders and their parties understand the main issues facing their government are immigration and Italy’s relationship with the EU.

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Leaders of the (UKIP) have made astonishing claim that Prime Minister Teresa May’s calling an early General Election was done to pre-empt a series of by-elections that could be called following alleged electoral fraud. Accusing the Conservative government of “putting party before country”, UKIP appeared to suggest the scandal and ensuing disqualification of MPs could rob the government of its slender majority.
Nigel Farage Swipes Back At Irrational, Screeching, Crazy Clinton
US Democratic Party presidential candidate Hillary Clinton launched a hysterical, irrational attack, filled with half truths and blatant lies, against the most prominent figure in the campaign to get Britain out of the EU (Brexit), UK Independence Party leader Nigel Farage, during a speech at a rally today. Mrs Clinton, responding to Farage’s address to a large and enthusiastic audience at a Donald Trump rally, may have been rattled at the prospect of having such a hihly effective campaigner in the rival camp …
Rebellion Against EU Authoritarianism Escalates As 8th Member Nation Threatens Referendum
Brussels went too far, they crossed the line in moving from an economic union to a political pan – European political empire. In the end it was a race as to which member state would quit first, Britain, Netherlands, Denmark or Italy. In the event it is Britain.
Is Brexit A Harbinger Of Doom For The ‘Experts’
The Brexit vote, the decision by a democratic majority in Britain to leave the European Union has sent shockwaves around the world. Not only does the EU now face a tsunami of departures, the usurpation of democracy by ‘experts’ ( technocrats ) has been challenged and exposed as a sham.
BREXIT vs. GREXIT – The Truth About The European Union And How It Treats Members
Unless the testicularly deficient politicians stand up for their nations he only thing that will halt the European Union’s push beyond Europe’s geographical borders to incorporate Asian, middle eastern and north African nations is war. Power is addictive and the bean counters of Brussels have ambitions far beyond Europe.
The Hypocrisy and Snobbery Of The Remain Campaign And The Antidote
When I had to defriend a Facebook contact because she was arguing in favour of the EU, it was not simply because I support Brexit that I had become pissed of with her, it was the snobbish and condescending way she dismissed supporters of LEAVE and their case. People are entitled to their opinion on the European Union, but they should check the ‘facts’ they post in support of their arguments.
The Labour Case For Brexit by Kate Hoey M.P.
After my short intro is a savage indictment by Brexit supporting Labour MP Kate Hoey of the way the Labour Party has abandoned the working class and is now trying to betray the party’s proud heritage and its roots in the industrial areas by taking Britain into an undemocratic, corporate controlled, capitalist friendly, elite dominated globalist control freak project.
Dutch Referendum This Week Shows why We Should Leave The EU.
Few of you were aware probably that there is an EU referendum vote in The Netherlands this week. As usual with anything negative about the EU barely a word has been printed in the topic in mainstream media and the silence from our notionally unbiased national broadcaster The Bolshevik Broadcasting Corporation (BBC) has been deafening.
French, Belgians, Dutch, Italians Follow Britain in Euroskepticism
Europeans want us British to lead them out of Europe. Don’t be fooled by project fear, the European Union (aka the Euronazi Federal Superstate) is falling apart. There will not be chaos if we leave, there will be chaos if we stay.
Head Of European Institute: Brexit ‘Better’ For Everyone
Brexit would be the best result of Britain’s in / out referendum for both Britain and the EU i a Belgian professor who heads up the European Institute at the London School of Economics (LSE) has said.
Johnson’s article lines up his reasons why Britain must exit on June 23rd. It’s time to be brave
OK, I know a lot of you think Boris is most accurately described by a word many people find offensive, but he’s put together a very good argument here on why we must leave the EU. Published in part here under ‘fair use’ terms and conditions, in the public interest …
Cameron’s EU Package: Not A Deal But A Few Turns In The Spin Machine
As we and almost everybody else predicted, David Cameron’s deal to improve Britain’s relationship with the EU is worthless. It changes nmothing, and can be vetoed once we have voted to stay in.
Cameron Plays Deal Or No Deal In Europe
David Cameron, who was apparently up all night trying to make other European leaders understand why his country needs a better deal in order to poersuade the prople it is a good idea stay in the EU. Unless Cameron gets what will enable him to sell the idea of surrendering national sovereignty to a Federal European Superstate ruled by a committee of unelected bureaucrats in to the British public he will not campaign for the UK to remain in the bloc
EU Refuses to Block Eurozone Integration to Reach Agreement With UK
Austrian Chancellor Werner Faymann said at the E?U summit on British membership terms that the European Union wants to reach an agreement with the United Kingdom, but it is not prepared to compromise the banking union (financial integration) or the further integration of monetary union (UK being forced to abandon the pound join the Euro?) to achieve this goal.
Cameron’s EU Deal Worthless. It Can Be Vetoed In European Parliament?
Opinion polls show Britain is evenly divided on the question of whether to leave or remain in the EU, though it has been suggested up to 10 million other voters, many of them women, have yet to make a decision. How they cast their vote will shape the future of the world’s fifth largest economy and the EU itself. But what is really at stake is more important than economics …
Obama’s intervention in UK politics triggers angry backlash
Angry Britons have launched a petition calling for U.S. President Barack Obama to be prevented from speaking in the UK parliament on Britain’s forthcoming referendum on European Union (EU) membership.