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EU - Not China Or Japan - Is The Biggest US Treasury Holder (And This Is Not A Good Sign)

EU - Not China Or Japan - Is The Biggest US Treasury Holder (And This Is Not A Good Sign)

Via GEFIRA,

US-centric media are reporting that Japan has become the biggest holder of the US treasuries, surpassing China last month. However, this is true only in regard to single countries. If we consider the European Union member states collectively, then they appear to be the biggest holder of the US treasuries. It has been so almost one year long. Unfortunately, the EU’s holdings are artificially overstated because of some financial havens and they are going in the opposite direction to the trend: up rather than down.

In Blow To Theresa May, UK Supreme Court Rules Parliament Must Vote Before Brexit Can Start

In Blow To Theresa May, UK Supreme Court Rules Parliament Must Vote Before Brexit Can Start

In a blow to Theresa May's ambitions to implement a "clean Brexit", on Tuesday morning UK’s Supreme Court ruled the UK Prime Minister can’t start the Brexit process without approval from Parliament, a decision that could potentially complicate her path toward a clear break from the European Union. Eight justices voted against the government and three voted in favor of it, in a decision that was widely expected.

Richard Branson Vows To ‘Reverse Brexit’

Virgin chief Richard Branson is launching a secret organisation aimed at reversing Brexit in an effort to block the UK leaving the European Union.  On the very same day that British Prime Minister Theresa May is due to trigger Article 50, Branson says he will publicly unveil a detailed plan outlining how he will defy the will of the population. Express.co.uk reports: The Europhiles are keen to rock the Brexit boat as much as possible by timing their group’s launch to coincide with Theresa May enacting Article 50.

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