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UK stocks erase all post-vote losses

London’s benchmark FTSE 100 stock index has erased all its post Brexit vote losses on a wave of bargain hunting activities. Energy and financial shares were among the biggest winners after slumping right after the vote.

Deutsche Welle

Soros in huge bet against Deutsche Bank

Bank shares have been hit hard since the UK’s Brexit referendum. Two hedge funds homed in on Germany’s Deutsche Bank – betting huge sums of money on the large lender’s stock price dropping further.

Deutsche Welle

US stocks slide as Brexit fallout worsens

US bank shares have led a steep decline on Wall Street as aftershocks from Britain’s vote to leave the European Union have roiled global markets again. Traders were uncertain about London’s future as a finance capital.

Deutsche Welle

Did the Brits make a mistake?

I will start by stating two quotes of the British icon Winston Churchill, former prime minister of the United Kingdom: “Democracy is the worst form of government, except for all the others.” It means that if democracy is the worst, then other forms of government are even worse. So, democracy is still better than other …