Politics

I want to get to the Fed decision later today. But, before that, let me update you on Brexit under the rubric "Brexit as Europe's Lehman moment". I am thinking of it this way because many policy makers want to avoid the political and…

Very quick here on Brexit. British Prime Minister Theresa May has now submitted a formal request to the EU to extend the Article 50 time period to June 30th. The reason for the extension is that Britain has nearly run out of time, and it…

May's stalling tactic hasn't worked In the two months since British Prime Minister Theresa May decided to postpone a Parliamentary vote on her deal with the EU, I have been predicting she would be forced to delay implementation of Article…

A detour to the other side of the pond I have two big picture issues on my mind this morning. The first is the US economy and the US policy response. I think the Neil Irwin piece in the New York Times encapsulates a lot of the thinking on…

There is a shift going on in Germany which has the center-left party moving away from the center after disastrous election results. And I think this is a significant signpost of the center-left's abandonment of the policies championed by…

A couple of things today. The default is no-deal, the base case is extension of article 50 I waited until the bust settled on the no-confidence vote before I decided to write again about Brexit. It was clear that the fear of Corbyn as PM…

It's coming down to the wire for British Prime Minister Theresa May now. Starting at about 1900 GMT, parliament is to vote on the Leave Agreement she secured from Brussels. Theresa May has been making last ditch attempts to win over MPs in…

The Brexit news is coming hot and heavy now. The latest out of the UK is that House of Commons Speaker John Bercow has allowed an attempt to force Prime Minister Theresa May’s hand on the Brexit deal. The Commons Speaker will allow MPs to…

After I wrote today's post on Brexit, the following news came out - and I think it's significant: Theresa May faces a concerted campaign of parliamentary warfare from a powerful cross-party alliance of MPs determined to use every lever at…

I've been thinking about how to write this piece on the outlook for the political economy in the UK for a number of days. I had it teed up to finish yesterday. But I have left it until today. Apologies I still have the bias that economics…