The US elections are taking place in a couple of weeks and both candidates have polar opposite policies.
2020 has been a challenging year on many levels. Because of the COVID-19 pandemic, the market has been incredibly volatile. Markets collapsed before skyrocketing and setting new records. Some have gained from it, while others have lost. But is all this behind us now? What will happen in the event of a second wave, or another lockdown? In these uncertain times, many investors and traders are wondering which strategy to adopt.
UK Prime Minister Boris Johnson has submitted a bill that would undermine parts of the Brexit agreement and break international law. The bill was backed by MPs in the Commons 340 votes to 263 and would enable free movement of goods and services across England, Wales, Scotland and Northern Ireland after Brexit. This new law would give the UK government the power to override the legally binding withdrawal agreement between the UK and the EU.
With a decline in GDP two quarters in a row, the UK is officially in recession for the first time in 11 years. The GDP fell by 2.2% between January and March 2020 and shrank further by 20.4% between April and June. This is the country’s worst crash since quarterly records began in 1955.
Labour leader Jeremy Corbyn had long waited for it, Conservative PM Boris Johnson enabled it in an effort to break the Brexit deadlock: UK voters headed to the polls on Thursday, December 12 for the second general election since the Brexit referendum.
The Supreme Court rules that Boris Johnson’s suspension of parliament was unlawful: what’s next for Brexit and the UK?
On Tuesday morning, judges unanimously ruled that the PM’s prorogation of Parliament was unlawful.
Winning 92,153 votes to Jeremy Hunt’s 46,656, frontrunner Boris Johnson was elected new Conservative leader and UK prime minister on Tuesday 23 July.
The race to take over from Theresa May on July 24th, 2019 is at full speed. After eight conservative candidates including Michael Gove, Sajid Javid and Dominic Raab were kicked out of the competition, only two contenders for the PM position remain: Foreign secretary Jeremy Hunt and backbencher Boris Johnson.