Brexit Breakthrough? UK Nears 'No Deal' Brexit Deadline, March 29, 2019

'Make OR Break' Time for the UK Leaving the EU by March 29--

--Countdown to Brexit: 11:00 pm UK time on Friday, 29 March 2019. 

UPDATES: Brexit Madness - UK PM Theresa May to Ask EU for Brexit Delay (video)

• March 14, 2019: the House of Commons approves 412 to 202 (majority: 210) the Government's main motion: the UK will seek an (unspecified) extension of the Article 50 period--this will result in the UK asking the EU to delay the Brexit date of March 29th, which must be agreed to by the EU's other 27 members. Read more in the BrexitCentral feed embedded below.
• March 13, 2019: Motion rejecting 'no deal' Brexit approved 321-278, however the vote has no legal force since March 29, 2019, is the default date pursuant to statute (Article 50), for leaving the European Union with or without a 'deal'.
• March 12, 2019: UK Prime Minister Theresa May's 'deal' with the EU rejected 242 to 391 in the UK House of Commons. 

House of Commons LIVE video, Thursday, 14 March 2019, starts 9:30 am London:

UK economy defying expectations amid Brexit and global slowdown

CNBC International TV video above published March 13, 2019: UK Finance Minister Philip Hammond gives an update on the UK economy the day after politicians rejected Prime Minister Theresa May's Brexit deal for the second time.

House of Commons LIVE video below, Wednesday, 13 March 2019:

Starts at 11.30am London.

Tuesday 12 March 2019 YouTube.com video and UK House of Commons video:

Starts at 11.30 am London: [Oral questions: Justice (including Topical Questions); Ten Minute Rule Motion: Election Expenses (Authorisation of Free or Discounted Support), Craig Mackinlay MP (South Thanet, Conservative)]; Motion: Debate on a Motion relating to Section 13(1)(b) of the European Union (Withdrawal) Act 2018; Adjournment [Future of community hospitals, Fiona Bruce MP (Congleton, Conservative)]. See also Brexit Debate LIVE replay video March 12, 2019.

FTSE 100 Index -- INDEXFTSE: UKX  March 12, 2019

March  12, 2018: British Pound Sterling LIVE: GBP Sterling starts BOUNCE BACK after MPs reject withdrawal agreement.

Background and more info:  UK Brexit Agreement Vote: Now A 'No Deal Brexit' or Renegotiate.

The United Kingdom (UK) voted in a June 23, 2016, referendum to leave the European Union (EU). The process, for better or worse, has now reached its finale. Options include a last-minute deal, a no-deal Brexit, a delay (extension), or even another referendum. 

FTSE 100 Index -- INDEXFTSE: UKX

The FTSE 100 Index (Financial Times Stock Exchange 100 Index), a/k/a  FTSE 100, FTSE, or, informally, the "Footsie," is a widely followed benchmark index of the 100 companies listed on the London Stock Exchange with highest market capitalization. The index is often used as a gauge of prosperity for businesses regulated by UK company law.

See also:

• "Last night’s victory in Brussels was a piece of political theatre, and like all things involving Ms May, it was unconvincing."--Bill Blain 12 March 2019. UK civil service also complicit.
• Attorney General's Opinion
• Theresa May makes Brexit statement in in Strasbourg--Guardian News video.
• Brexit: UK Prime Minister Theresa May arrives in Strasbourg for last-ditch talks with EU on March 11, 2019--bbc.com.
• Conservative MP Robin Walker responded to Labour MP Jeremy Corbyn's urgent question on Brexit, March 11, 2019 video published by BrexitCentral.com.
• EU will demand a higher divorce bill from the U.K. if it asks to delay Brexit--CNBC International video.
• Pressure mounting on both sides of English channel to secure a Brexit deal--CNBC International video.
• Former US ambassador to EU, Anthony Gardner, says Brexit is a mess and a failure of leadership--CNBC International video. 
• Provisions in place for a no-deal Brexit: UK Warehousing Association--CNBC Internaitonal video.

Twitter @BrexitCentral (embed below) and @StandUp4Brexit
Tweets by BrexitCentral

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Amazon & UK Tech Tax Are Winners says 'Incendiary' Scott Galloway

Should Prof G Tone it Down?

L2inc video above published on Nov 1, 2018, on Scott Galloway's Digital Winners & Losers.  Winners: 1. Amazon private label furniture brands Ravenna, Rivet, Stone & Beam; 2. United Kingdom (government) for 2% tax on tech giants' top-line revenue.

55 Percent of Online Shoppers Start their Product Searches on Amazon--Recode.net, Sep 2016.

After attracting comment trolls following an appearance on Fox Business, Scott Galloway worries that he’s crossed the line between provocative and incendiary. Below is the video of Galloway on Fox Business via YouTube--Provocative or Incendiary?

Scott Galloway on Fox Business:

Fox Business video above published Oct 25, 2018: NYU Stern Professor Scott Galloway on concerns over the impact of Facebook and its management team.

Galloway says in the video:

Sheryl Sandberg is "one of the most dangerous, damaging executives in the history of business." 

“You’ve heard the term lipstick on a pig. Mark Zuckerberg and Sheryl Sandberg are lipstick on cancer.”

“If these individuals [Zuckerberg and Sandberg] weren't so likable they would have been out a long time ago and District Attorneys would be talking about bringing charges of criminal negligence. This management team will go down in history as one of the most dangerous and damaging management teams in the United States.”

 Provocative or Incendiary? 

Galloway speaks highly of Facebook and its management in this Oct 2015 video below @4:32:

Oct 19, 2015: Scott Galloway of NYU Stern School of Business talks with Betty Liu about why Yahoo should be sold, the e-commerce strength of Amazon, and the juggernaut that is Facebook. He appeared on "Bloomberg Markets."

Transcript of first video above:
00:00  a loser Furniture brands as Amazon has
00:05  launched a new private label brand its
00:07  third this week Ravenna home the day of
00:10  the announcement e-commerce home goods
00:12  company Wayfair saw its stock shed six
00:15  percent of its value wait there's more
00:17  pain to come Amazon launched two
00:19  furniture brands last year Rivet and
00:21  Stone & Beam all three feature the
00:23  Amazon Prime badge meaning free shipping
00:26  and free returns I'm launching my own
00:29  furniture brand called cialis home
00:31  living the more you use it the older it
00:33  gets the harder it feels okay so it's
00:38  the beginning of the end for Wayfair
00:39  perhaps with more than half of consumer
00:42  searches for products starting on Amazon
00:43  and global online furniture sales expected
00:46  to grow at an average rate of 12
00:48  percent over the next four years this
00:50  might be another great move for Amazon
00:53  who sits on top of every piece of data
00:55  outsources the crappy parts of the
00:58  e-commerce echo system and then moves in
01:00  on the white meat of e-commerce the high
01:02  margin high-volume sector a winner the
01:06  United Kingdom whose government unveiled
01:07  plans this week to introduce a two
01:09  percent tax on top-line revenue
01:11  registered by big tech estimates place
01:14  the potential gains from the tax at four
01:17  hundred million pounds or about five
01:19  hundred and ten million u.s. dollars is
01:21  this enough the average corporate tax
01:23  rate in the United Kingdom is 19% close
01:26  to the recently reduced US federal
01:28  corporate income tax rate of 21%
01:30  however in 2017 amazon reported paying
01:33  two point three percent in tax to the
01:35  british government while in america the
01:37  seattle giant paid effectively zero
01:39  federal tax in 2017 what happens when
01:43  the most successful companies in the
01:46  world pay less than their fair share of
01:48  taxes simple everyone else pays more the
01:51  UK tax is a step in the right direction
01:53  but a small dent compared to their
01:55  impact on the economy and wages over the
01:58  years this is simple complexity or a
02:00  complex tax code favors the wealthy
02:03  favors the organizations with large
02:06  sg&a budgets and the UK has said ok big
02:09  tech your tax lawyers are smarter than
02:11  our tax authorities and begin taxing them
02:13  on the top line. A loser the United
02:16  States -- pipe bombs people being murdered
02:18  in their place of worship it feels that
02:20  we are the Frog that wakes up and
02:22  realizes it's in boiling water what is
02:25  each of our roles and what has become an
02:28  incredibly coarse dialogue in our nation
02:31  I go on CNBC CNN and Bloomberg and all
02:34  the other business television shows and
02:35  now go on Fox as I wanted to get out of
02:38  my bubble
02:38  however most recently I was on with
02:40  Stuart Varney of Varney & Co I think
02:42  Stuart is a fantastic host and in
02:45  general like the people a lot at Fox
02:46  what was disturbing was my segment was
02:50  then posted on YouTube and the people
02:52  here did an analysis of the top comments
02:55  so some of those results and they are
02:57  very very disturbing approximately half
03:00  of the results had some sort of
03:02  misogynistic or anti-semitic tone we
03:05  analyzed these top segments and found
03:07  that some of the comments were
03:08  especially vile concerning Ms. Sandberg
03:11  have I crossed the line from being
03:13  provocative to incendiary is the
03:16  question that I'm asking myself while
03:18  these comments don't seem to happen on
03:20  CNBC or CNN am I going into a room
03:23  knee-deep in gasoline and passing out
03:26  lighters to arsonists or is it just that
03:29  bad actors have decided to weaponize Fox
03:32  or put greater efforts into weaponizing
03:33  Fox versus the other networks I don't
03:36  know but it's an honest question I have
03:38  decided that I am going to tone it down
03:41  that this is the new me and I'm going to
03:44  be a little less incendiary
03:47  [Music]

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Ridesharing App Via: Technology, Transportation, Commuter Vans

source: ridewithvia.com

Via Transportation, Inc. (domain: ridewithvia.com) also known simply as Via, is a privately held U.S. transportation network and real-time ridesharing company based in New York City. Via operates in all five boroughs of New York City, areas of Chicago, and Washington DC. The company's technology is used in ridesharing ventures in Paris, United Kingdom, and Austin, Texas.

• CEO and Founder: Daniel Ramot (Jun 2012–)
• Type of business: Privately held company

Texas town ditches its bus service for ride-sharing app Via | TheVerge.com Mar 12, 2018: "Trading public transportation for subsidized private van service" Arlington, Texas, ditched charter buses as public transportation for a ridesharing service Via, which will offer $3 rides and have 10 commuter vans on call.

Tweets by ridewithvia

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Benefits of Brexit, How UK's Brexit Ministers Plan To Leave The EU (video)

How Brexit ministers plan to leave EU:

Video above: Lionel Barber, FT editor, and Janan Ganesh, political commentator, discuss how the UK’s three Brexit ministers — Boris Johnson, Liam Fox and David Davis, the "Brexit Team" — plan to negotiate exit from the EU, and how they will work together. Published July 28, 2016, by FT.com.

Benefits of Brexit: one reason Brexit makes sense

Courtesy of: VisualCapitalist.com

While maintaining economic ties to the single market is an important point to consider, the UK also gains advantages from separating from parts of the EU ecosystem. Parts of Europe are still an economic mess, not getting any getting better. For example, see chart above on non-performing loans (NPLs). Italian banks are being crushed by €360 billion in non-performing loans. Bank stock prices in Italy have plummeted, including Banca Monte dei Paschi di Siena, Italy’s third-largest bank by assets, and UniCredit, the country’s largest bank with just under €1 trillion in assets, is trading at one-third of what it was worth a year ago. The ECB’s Mario Draghi is now backing a public bailout of Italy’s banking sector.

Portugal has a similar banking crisis brewing. Non-performing loans have mounted to 18.5%, and Prime Minister Antonio Costa is also publicly looking for a solution to help Portuguese banks. Even Germany, which is typically rock-solid, has its own banking issues. As covered a few weeks ago, the country’s largest bank, Deutsche Bank, has seen its value collapse as it has been engulfed by scandals.

See on Domain Mondo:

• Theresa May's First Speech As UK Prime Minister, Brexit, The Way Forward 14 July 2016 (calendar and profiles of members of May's 'Brexit Team')
• Deutsche Bank $DB $DBK, Italian Banks, Approaching a 'Lehman Moment'? 06 Jul 2016
• Deutsche Bank, Coco Bonds, Big Trouble Brewing? (videos) 15 Feb 2016

See also: 

• Scottish fishermen see net benefits from Brexit vote | FT.com
• Brexit gives UK 'huge advantage' in trade deals, predicts car industry chief | telegraph.co.uk
• Brexit Britain to be better off says former Chambers of Commerce boss | Politics | News | Daily Express | express.co.uk
• Brexit: Science firms ‘must seize the benefits of leaving the EU' | London Evening Standard | standard.co.uk
• Who Benefits From Brexit? The Legal Industry, Of Course | Law.com
• London Could Benefit From Brexit, Luxembourg’s Finance Minister Says | WSJ.com
• Brexit Is An Opportunity, Not A Crisis | SeekingAlpha.com
• After ‘Brexit’ Vote, a Burst of Interest in Travel to Britain | NYTimes.com: "... Post “Brexit,” there are indications that Britain is increasing in popularity ... Expedia.com saw a jump in both searches and sales. A company spokeswoman, Sarah Gavin, said that the site had a 30 percent increase in flight search volume from the United States to Britain in the weeks following the Brexit referendum ..."
• 10 reasons to feel positive after Brexit | Voices | TheIndependent | independent.co.uk
• The Drawbacks and Advantages of Brexit | Politics & Policy | politicsandpolicy.org/: "Ultimately, the intellectual disagreements about the EU come down to the simple question of whether the UK is better off manipulating a system that often opposes its interests or pursuing such interests on its own. There is not very much disagreement on whether more trade agreements, deregulation, ending payments to immigrants, or strong positions on international issues could benefit Britain; both sides largely agree that they would."

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Theresa May's First Speech As UK Prime Minister, Brexit, The Way Forward

Theresa May's  First Speech As UK Prime Minister:

Video above: Theresa May speaking at No. 10 Downing Street, London, July 13, 2016. May emphasized unity and social justice in her first speech as Prime Minister of the United Kingdom.

David Cameron's last day as UK Prime Minister:

David Cameron was given a rousing send off by MPs in the House of Commons. It was his last ever Prime Minister's Questions (PMQ), and in among the serious stuff - there were plenty of jibes and jokes and a few gentle words of thanks. He said he would miss it. Most importantly, at 3:27 in the video above, David Cameron answers the question from a Scottish MP about David Cameron's advice to his successor, Theresa May, concerning the way forward: 

"My advice to my successor [Theresa May] who is a brilliant negotiator, is that we should try to be as close to the European Union as we can be for the [mutual] benefits of trade, cooperation and security. The [English] Channel will not get any wider once we we leave the European Union, and that is the relationship we should seek."

While the British Pound Sterling (UK currency) has fallen since the Brexit vote on June 23, in relation to the U.S. dollar and Euro, thereby providing incentives for the British tourism industry, foreign investment into the UK, and UK exports, many will be watching what the Bank of England (BoE) does Thursday:

Euro | Pound Sterling Forecast | poundsterlingforecast.com July 13, 2016: "With a rate cut to 0.25% likely either tomorrow or next month and the chance of further Quantitative Easing (QE) being introduced, I expect the recent Sterling recovery to come under further pressure should the scenario unfold as I expect."

However, remember the current interest rate of the BoE is .50, while the European Central Bank (ECB) has resorted to negative interest rates, and currently has an interest rate of -0-% in an attempt to deal with the Eurozone's troubled finances and economy.

Opinion/Analysis: Theresa May would be wise to begin free trade negotiations with nations outside the EU, as soon as possible, with those agreements each having a self-executing "effective date" upon UK's departure from the EU. This would be beneficial for two reasons:

1. to reset expectations (and fears) away from the EU, and focus on the future and opening of world markets to the UK, including London's role as a global financial center; 
2. those agreements may become "templates" for the UK-EU agreement. Once the EU sees the "deals" the United Kingdom strikes with nations not in the EU such as Canada, U.S., Australia, New Zealand, China, Norway, and others, it is likely to want equal or even better terms for the EU since the United Kingdom is the world's fifth biggest economy and Germany's third largest export market. Germany's unions and businesses may likely drive the final negotiations, not Juncker et al.

Brexit Calendar--what's ahead: May has said there will be no UK general election “until 2020,” giving her plenty of time as Prime Minister to negotiate a transition and change in relationships between the UK and EU, and the UK and rest of world. Theresa May has also said she won’t trigger Article 50 to begin formal departure from the EU until 2017 at the earliest, and the process could take up to two years to complete. Here are some key dates within the near term:

• July 18: Vote on the renewal of the UK Trident nuclear deterrent. May has said it would be “sheer madness” to give up the weapons system.
• July 20: May's first Prime Minister’s Questions time in the House of Commons.
• July 21: UK Parliament goes on summer recess until Sept. 5.
• August: European officials go on vacation. May has promised a new government department, led by a pro-Brexit minister, to handle the UK's negotiations with the EU. This could be set up in August. UPDATE*: Theresa May has now announced her Brexit team (see below).
• September 4-5: G-20 summit in Hangzhou, China. May will meet many global counterparts for the first time.
• September 16: EU leaders meet without the UK for a summit and to chart the EU’s future direction.
• October 5: An EU meeting on Afghanistan could be May’s first meeting in Brussels as Prime Minister.
• November 8: U.S. Presidential election. May is well-positioned to continue the UK-US "special relationship" irrespective of whether Hillary Clinton or Donald Trump is elected.

*UPDATE Brexit means Brexit: Prime Minister Theresa May has handed responsibility for Brexit negotiations to those who campaigned to leave, appointing Boris Johnson as foreign secretary, David Davis as Brexit czar, and Liam Fox as chief of international trade negotiations.

• Foreign Secretary: Boris Johnson – probably the biggest surprise among the appointments, Johnson, who was born in New York, was a leader of the Brexit Leave Campaign, and is not known for his "diplomatic skills"--he once compared Hillary Clinton, the Democratic Party’s presumptive nominee for President, to “a sadistic nurse in a mental hospital” and said she is “everything I came into politics to oppose.” When Johnson was in charge of the Spectator magazine, an editorial described President George W. Bush as a “cross-eyed Texan warmonger” who “epitomises the arrogance of American foreign policy.” He also compared Russian President Vladimir Putin to Dobby the House Elf (from the Harry Potter films), and called him “a ruthless and manipulative tyrant.” Long before he was elected Mayor of London, Johnson, now 52, became a Euroskeptic during the 1990s through his work as a reporter in Brussels for the Daily Telegraph newspaper. Look out Jean-Claude Juncker! 
• Brexit Secretary: David Davis  – Davis, a Euroskeptic who has served as a minister of state for Europe and Conservative Party chairman, was appointed “Secretary of State for Exiting the European Union.” 
• Secretary of State for International Trade: Liam Fox – Fox, a prominent Euroskeptic, will negotiate new trade deals for the United Kingdom, and work closely with Davis.
• Chancellor of the Exchequer: Philip Hammond – Hammond’s  background is business, working in property, construction and oil and gas. Experienced in negotiating with EU counterparts from his time in the foreign office, he will work closely with Brexit czar Davis;
• Home Secretary: Amber Rudd - As energy secretary she represented the UK in climate change talks, gaining negotiating experience that will aid her in immigration negotiations. She previously worked in investment banking for JPMorgan and then in venture capital. She was also an aide to former Chancellor George Osborne.

See also on Domain Mondo:

• News Review: EU & Brexit ...: 10 Jul 2016
• Brexit Impact On Tech Startups, Business & Global Economy (videos) 09 Jul 2016
• Former BoE Chief Mervyn King: Brexit, Future of EU and London (videos) 08 Jul 2016
• London Property Market: Massive Undersupply, Cheap Pound, Uncertainty 07 Jul 2016
• Deutsche Bank $DB $DBK, Italian Banks, Approaching a 'Lehman Moment'? 06 July 2016

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Brexit Vote Results LIVE, UK Votes to Leave EU, What Happens Next?

While the UK Electoral Commission expected to have full results of the EU referendum no later than 7 a.m. BST (or 2 a.m. EDT) on Friday morning, results from the 382 voting wards started coming in Thursday evening, beginning at about 11:30 p.m. BST (6:30 p.m. EDT in the US). Wikileaks also provided LIVE coverage of the Brexit vote results, hosted by Julian Assange, at: brexitclub.eu. EU referendum live results trackers at Live: EU referendum results | spectator.co.uk, BBC.com and TheGuardian.com.

UPDATE 02 July 2016: Brexit Postscript: FTSE100 Roars, Theresa May, Sword in Hand, Next PM? | DomainMondo.com.

UPDATE: UK Votes to Leave the EU (European Union) 52% to 48%, Prime Minister David Cameron announces he will resign so a new Prime Minister is in place by the time of the October (2016) Conservative Party Conference and "fresh leadership" can lead the Brexit negotiations with the EU.

UK Votes to Leave EU - Sky News Projection https://t.co/fqa8onAOmr @BorisJohnson #Brexit #EUreferendum #EUref pic.twitter.com/abIWylgn2J

— Domain Mondo (@DomainMondo) June 24, 2016

Earlier this week, EU referendum, a/k/a "Brexit," polling suggested the outcome of whether British voters would choose to 'Remain' or 'Leave' was too close to call, but equities had been soaring and British sterling was at 2016 highs, indicating traders were betting "Remain" would win. Traders in London are now bracing themselves while the G7 nations are poised to take "all necessary steps" to calm markets in view of the Brexit result.

• EUR to USD Exchange Rate | Bloomberg.com
• GBP to USD Exchange Rate | Bloomberg.com
• FTSE 100 Index

U.K. Votes Leave to EU? What Happens Next?

Adding to the drama, on Friday, June 24, the Russell stock indexes rebalance. Even in normal markets, this is often the busiest trading day of the year in terms of volume. With the Brexit vote results coming in early Friday morning in the United Kingdom, Friday's markets could be volatile.

See also on Domain Mondo: Brexit: Will UK Vote to Leave or Remain in the European Union? (video)

Tweets by markets

"Article 50:
1. Any Member State may decide to withdraw from the [European] Union in accordance with its own constitutional requirements.
2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.
3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.
4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it.
A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.
5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49." (emphasis added)

*This post was updated to reflect the Brexit vote results.

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Will the UK Leave the EU? Brexit Is More Likely Than You Think (video)

Brexit Is More Likely Than You Think:

Brexit (United Kingdom withdrawal from the European Union) is more likely than you think: Gideon Rachman, chief foreign affairs columnist, tells Frederick Studemann, FT.com comment and analysis editor, why he believes the chances of a vote to leave the EU in June’s referendum are growing. FT Comment published March 21, 2016.

The EU Referendum Vote in the UK will occur June 23, 2016. 

Domain name of leading organization in movement to leave the EU: voteleavetakecontrol.org

The Campaign - Vote Leave: "Why are we campaigning for 'leave'? Technological and economic forces are changing the world fast. EU institutions cannot cope. We have lost control of vital policies. This is damaging. We need a new relationship. What happens if we vote 'leave'? We should negotiate a new UK-EU deal based on free trade and friendly cooperation. We end the supremacy of EU law. We regain control. We stop sending £350 million every week to Brussels and instead spend it on our priorities, like the NHS and science research. We regain our seats on international institutions like the World Trade Organisation so we are a more influential force for free trade and international cooperation. A vote to 'leave' and a better, friendlier relationship with the EU is much safer than giving Brussels more power and money every year."

See also: 

• British EU exit campaign backed by 250 business leaders | Reuters
• Brexit Campaign Gets Unexpected Boost | Seeking Alpha: "... The probability of a British exit from the EU keeps rising ..."
• The Washington Post: "The European Union (E.U.) is facing its most serious economic crisis since the first steps towards European integration in the 1950s ...."
• The EU’s deepening crisis and the problem with Germany’s leadership | European Public Affairs: "The EU has now been in permanent crisis mode for almost a decade ... rattled by the combination of the lingering sovereign debt crisis in the eurozone and the emergence of a mounting refugee crisis since last summer ..."

A Brexit would impact not only Europe and the UK, but would possibly have ramifications for global markets. Even U.S. Presidential candidate for GOP nomination, Donald J. Trump, was asked about the Brexit vote in a British TV interview with Piers Morgan (emphasis and link added):

"Mr. Trump promised to strengthen the ‘special relationship’ between the US and UK if he is elected President in November. Asked if now was the right time for Britain to quit the EU, Mr Trump said: 'Yes, my mother was born, as you know in Scotland, in Stornoway, and she loved Scotland. 'She loved it more than anything, she'd go back every year religiously with my sisters and just had a great feeling for it and a great love for the people of Scotland and I think that Britain will separate from the EU. I think maybe it's time, especially in light of what's happened, with the craziness that's going on with the migration, with people pouring in all over the place. I think that Britain will end up separating from the EU, that's my opinion. 'I'm not endorsing it one way or the other but that's my opinion. I think a lot of people want to see that happen.'" (source: Daily Mail, emphasis added).

To many Americans a Brexit sounds like the U.S. leaving NAFTA, even though the EU is a political and economic union with trade benefits, not just a Free Trade Zone. On the other hand, something such as Scotland seceding from the U.K., is anathema to many Americans whose Civil War accounted for more American deaths than all other U.S. wars combined, and settled forever, among other things, the question of State secession--the U.S. Supreme Court subsequently ruling in Texas v. White (1869), the United States of America "an indestructible Union, composed of indestructible States"--

"When, therefore, Texas became one of the United States, she entered into an indissoluble relation. All the obligations of perpetual union, and all the guaranties of republican government in the Union, attached at once to the State. The act which consummated her admission into the Union was something more than a compact; it was the incorporation of a new member into the political body. And it was final. The union between Texas and the other States was as complete, as perpetual, and as indissoluble as the union between the original States. There was no place for reconsideration or revocation, except through revolution or through consent of the States." --Texas v. White, supra.

Brexit twitter feed:
Tweets about #Brexit OR Brexit


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