Tajuk : UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’
link : UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’
UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’
REUTERS
Axel Weber, Chairman of the Board of Directors of UBS bank attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017.
“Brexit is a time bomb,” UBS Chairman Axel Weber told the International Institute of Finance’s spring meeting in Tokyo, Japan, on Monday.
His comments, reported by the Financial Times, were in relations to the biggest political risks in Europe. He not only talked about Britain leaving the European Union on March 29, 2019, but also said Emmanuel Macron’s landslide victory in the French presidential election “does not mean Europe is out of the woods.”
“Brexit is a time bomb… and the countdown is on. It will be two years from now… if the British really do leave the customs union and single market there could be a lot of volatility which could impact on the global economy,” Weber said according to the FT.
He added that political risk is still “actually quite high” and said Italy also poses a risk to Europe’s stability.
“There is still Italy where it is very unclear that the centre will hold. And there is still Greece. Where you find some bright side… there are (also) some downside risks that are not really priced into the market but could derail (Europe),” he said.
Emmanuel Macron won the French presidential election in a landslide on Sunday, becoming the youngest president in France’s history. Macron, a 39-year-old pro-business centrist, defeated Marine Le Pen, a far-right nationalist who called for France to exit the European Union, by a margin of 66.06% to 33.94%.
The election of Macron was seen as a rejection of the far-right in France but populism is growing around the world, as illustrated by Brits voting for Brexit last year. Prime Minister Theresa May is pushing for a “hard Brexit” — Britain leaving the EU’s Single Market in exchange for total control of immigration.
Meanwhile, the US elected Donald Trump as President last year. He is proposing populist trade measures and policies related to immigration.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qgoP09
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
REUTERS
Axel Weber, Chairman of the Board of Directors of UBS bank attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017.
“Brexit is a time bomb,” UBS Chairman Axel Weber told the International Institute of Finance’s spring meeting in Tokyo, Japan, on Monday.
His comments, reported by the Financial Times, were in relations to the biggest political risks in Europe. He not only talked about Britain leaving the European Union on March 29, 2019, but also said Emmanuel Macron’s landslide victory in the French presidential election “does not mean Europe is out of the woods.”
“Brexit is a time bomb… and the countdown is on. It will be two years from now… if the British really do leave the customs union and single market there could be a lot of volatility which could impact on the global economy,” Weber said according to the FT.
He added that political risk is still “actually quite high” and said Italy also poses a risk to Europe’s stability.
“There is still Italy where it is very unclear that the centre will hold. And there is still Greece. Where you find some bright side… there are (also) some downside risks that are not really priced into the market but could derail (Europe),” he said.
Emmanuel Macron won the French presidential election in a landslide on Sunday, becoming the youngest president in France’s history. Macron, a 39-year-old pro-business centrist, defeated Marine Le Pen, a far-right nationalist who called for France to exit the European Union, by a margin of 66.06% to 33.94%.
The election of Macron was seen as a rejection of the far-right in France but populism is growing around the world, as
Meanwhile, the US elected Donald Trump as President last year. He is proposing populist trade measures and policies related to immigration.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qgoP09
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’
Kini anda membaca artikel UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’ dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/ubs-chairman-brexit-is-time-bomb-and.html
Related Posts :
Mufti Perlis Ulas Pertemuan dengan Ketua Penerangan Ulama PAS- Bola Sepak Pantai AFC: Malaysia Tewas Aksi Pembuka Tirai
- Harga siling bahan api diumum setiap minggu, kata menteri
- Zaidatul Cipta Rekod Baharu Kebangsaan 100m Di Pretoria
- Harga Siling Bahan Api Bakal Diumumkan Pada Setiap Minggu Mulai April Ini Bagi Elak Keraguan – KPDNKK
0 Response to "UBS CHAIRMAN: ‘Brexit is a time bomb’ and Macron’s win ‘doesn’t mean Europe is out of the woods’"
Catat Ulasan