Brexit Negotiations Continue to Stumble

Meghan Shue |
Wilmington Wire
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October 16, 2017— On Thursday, the European Union (EU) and UK concluded their fifth round of Brexit negotiations. At this point—sixteen months since the Brexit referendum vote—six months since the invocation of Article 50 (to formally start the two-year clock for Brexit negotiations)—and several rounds deep into negotiations—one would think the two sides would have made more progress on key issues.

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Catalan Independence Conflict—Limited Investment Implications

Clement K. Miller, CFA |
Wilmington Wire
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October 9, 2017— On October 1, the pro-independence government of Catalonia in Spain (Europe’s fourth-largest equity market) held an independence referendum:Ever since Spain became a democratic Kingdom in 1975, Catalonia, the nation’s wealthiest region, has agitated for increasing …

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German Bundestag Elections: Christian Democrats to Seek Coalition with Free Democrats and Greens

Clement K. Miller, CFA |
Wilmington Wire
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September 27, 2017— On Sunday, Germany held general elections for the Bundestag, its lower house of parliament. This election was the last in a series of 2017 European elections in which right-wing, anti-immigrant parties and candidates challenged centrists. Earlier this year, centrists soundly defeated extremists in both the Netherlands and France.

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