Great Britain made it official: It will sever its 47-year relationship with the European Union, ending the wildly contentious four year Brexit process.
British Prime Minister Boris Johnson is promising he will pull the UK out of Brexit next month following his blowout win in the election. Dr. Perryman says good luck.
British Prime Minister Boris Johnson is expected to push for a Brexit vote as Parliament prepares for a week of guerrilla warfare over the controversial issue.
Britain has finally opened Brexit negotiations with other European Union nations about leaving the block. Dr. Perryman tells us it is wrapped in a great deal of uncertainty.
Europe remains in flux; the fate of Brexit, kicked to parliament, and a new US president who appears to have little use for the current European order.
Now that a quarter has passed since Britain voted to pull out of the European Union, Dr. Perryman thought it was time to review "Brexit."
The latest forecast for the global economy from the International Monetary Fund (IMF) indicates the pace of growth may increase over the next year. This pattern would not only enhance conditions in a number of countries, but also is beneficial to major trading nations such as the United States.
The results are in and Donald Trump has been elected as the 45th President of the United States in a surprise victory. Despite the polls showing Hillary Clinton to have a slight but consistent and sustained lead, Donald Trump pulled off key wins in swing states such as Florida, Ohio, North Carolina, Wisconsin, and Pennsylvania to end up with the majority of the electoral votes.
On June 23, the people of the United Kingdom voted to leave the European Union (EU). It was the largest voter turnout since 1992, with more than 30 million people (nearly 72%) participating. The margin was very close (about 52% to 48%), and it was unclear which side would win up to the last minute. The economic fallout of the decision will likely be decidedly negative for the UK, but also for the United States and Texas. It is much too early to know how things will unwind, the pace of the split, or what it will look like on the other side. This lack of clarity is in and of itself a problem for global markets, but an initial perspective is useful.