The new Labour mayor of London, Sadiq Kahn, won a clear municipal mandate with 56.8% of votes against Zac Goldsmith, the Conservative candidate. He becomes the first Muslim elected to run an important capital city in the West. He was preceded by Conservative Boris Johnson, a Brexit advocate, who is said to be aiming for the Prime Minister’s job.
Although Brexit (British exit) has been a topic of political conversations in the U.K and in the E.U. for months now, it is now debated with a new feeling of urgency, few days ahead of a referendum organised in the United Kingdom on whether the country should leave the European Union or not.
The drop in crude oil prices seems almost a farce as they reach record lows. Within the context of North Korea’s nuclear testing and the Chinese growth slowdown, we may well ask: Is the current situation the premise of an imminent international financial crisis?
Plus500 Ltd is an online trading site offering many features to traders, both dabblers and professionals, who open an account.
Asian stock markets are down, as are European and American ones. With oil prices nearing $30 per barrel and North Korea fine-tuning its ballistic missiles, experts are becoming increasingly concerned and the Asian continent is experiencing a somewhat stressful climate…