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Brexit: certain uncertainty

16 January 2019

To the surprise of virtually no one, including financial markets, Prime Minister Theresa May’s proposed Brexit deal was rejected yesterday by parliament. While bookmakers had quoted odds of less than 5% in favor of the vote passing, the historic 230-vote margin of defeat was nevertheless stunning.


Brexit: one step forward, two steps back?

23 November 2018

Hailed as a major step forward by the UK prime minister, not everyone is convinced that initial agreement yesterday on a draft ‘political declaration’ brings us any closer to a final Brexit deal


Satoshi Nakamoto … cracking the code

15 November 2018

By now, everyone has heard of digital, decentralized cryptocurrencies first developed by one or more individuals using the alias “Satoshi Nakamoto.” Besides the ubiquitous Bitcoin, there are over 1,000 different cryptocurrencies, and the list continues to grow.


US election results

07 November 2018

So this time the pollsters were right: the House of Representatives turns blue, i.e. falls into the hands of the Democrats, while the Senate remains in Republican hands.


Tough Times for Equities

29 October 2018

Equity markets were under pressure last week, for the fourth time in five weeks, as underwhelming corporate earnings results sparked concerns of slower economic growth.