Commentary:Brexit rubs salt in Britain’s economic wound, writes Paul Wallace, former European economics editor of The Economist and author of “The Euro Experiment.” By stopping the free movement of people from the EU, it limits the scope for migration to offset the demographic brake. And by harming Britain’s main trading relationship, it inflicts further economic costs. The inconvenient truth is that as Britain leaves the EU, taxation will have to rise, shifting the British state closer towards the high-tax European model.
U.S. MIDTERMS
As they try to hang on to control of Congress,Republican candidates are following the lead of President Donald Trump and turning to rhetoric about immigrants as a tactic to motivate voters. The scope of that strategy emerges in a nationwide Reuters examination of ad buys, candidates’ social media posts and polling, as well as dozens of interviews with candidates, voters and campaign strategists.
General Motors said it wants the Trump administration to back a nationwide program to boost the sale of zero emission vehicles like electric cars, even as the government has proposed ending California’s ability to require more clean vehicles.in areas like drones, artificial intelligence and cyber security.
Danish cannabis firm StenoCare sparked a stock market stampede as investors rushed to buy into its shares on their debut, driven by enthusiasm for the therapeutic benefits of its products.
