European Union

Frontrunning: April 5

  • No big bets ahead of Trump-Xi meeting; oil, metal prices firm (Reuters)
  • Senate on the Brink of ‘Nuclear Option’ in Gorsuch Vote (WSJ)
  • Le Pen Ambushed on Euro in French Debate (BBG)
  • Trump touts coal but utilities aren't listening (Reuters)
  • Trump Officials Alarmed China May Bid for Westinghouse Unit (BBG)

Hungary Passes Law Targeting Soros University

Hungarian lawmakers from Prime Minister Viktor Orba's Fidesz party approved a law that could force a university founded by financier George Soros out of the country despite a protest against the plan in Budapest and condemnation abroad.

Frontrunning: April 3

  • Buying a Home This Spring Will Be Hardest in Years (WSJ)
  • Senate showdown likely over Gorsuch confirmation (Reuters)
  • ‘Nuclear’ Bid to Confirm Gorsuch May Radically Change Washington (BBG)
  • Trump's son-in-law, Kushner, flies into Iraq with top U.S. general (Reuters)
  • Solid Asia factory growth caps a strong first quarter but outlook cloudy (Reuters)

First Post-Brexit Tremors: Theresa May "Would Go To War" To Protect Gibraltar

The ink has yet to dry on Theresa May's Article 50 signature from last week which officially started the UK's 2-year long divorce from the EU, and already Europe has been traumatized by comments from former Conservative leader Michael Howard, who suggested that Theresa May is be prepared to go to war to protect Gibraltar.

The EU's Draft Brexit Guidelines Look Anything But Punitive

European Council President Donald Tusk is a man of his word. He promised he would have a first draft of the Brexit negotiating guidelines for the 27 remaining EU member states ready within 48 hours from the moment the UK triggered the Article 50 exit mechanism – and he delivered. Overall, the document reads as anything but punitive.

Frontrunning: March 31

  • GOP disarray deepens (Reuters)
  • Zuma's Night of Long Knives Risks ANC Split, Credit Rating (BBG)
  • China downplays tensions with U.S. ahead of summit (Reuters)
  • Wall Street’s New Favorite Way to Swap Secrets Is Against the Rules (BBG)
  • EU offers Brexit trade talks, sets tough transition terms (Reuters)

EU Chief Threatens Trump For Supporting Brexit; Vows To "Promote" Break Up Of U.S.

"A lot of people would like it that way.  Even people on another continent where the newly elected U.S. President was happy that the Brexit was taking place and has asked other countries to do the same.  And, if he goes on like that, I am going to promote the indenpendence of Ohio and Austin, Texas in the United States of America."

Frontrunning: March 30

  • Trump’s Border Wall: A Tall Order (WSJ)
  • Trump’s Hope for Rapid Reset With Russia Fades (WSJ)
  • China's Xi to meet Trump in Florida next week (Reuters)
  • U.S. Softens Call for Shift on Nafta (WSJ)
  • ESPN Has Seen the Future of TV and They’re Not Really Into It (BBG)
  • Inside the Leadership Shakeup at Merrill Lynch (BBG)

After Brexit, 9 Reasons To Be Bullish On Great Britain

Today Mrs. May finally officially announced Brexit and kicked-off the process of divorce from the EU. A disaster for Britain, according to officials in Brussels, Berlin and Paris. Really? Whenever there is broad consensus it is worthwhile to challenge it.