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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.

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