Europe scoffs at Brexit plan: Daily Wealth Letter

News, Reports — By on January 18, 2017 at 10:49 AM
Ian Brodie

Ian Brodie

Daily Wealth Letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

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NUMBER 378   WEDNESDAY, JANUARY 18, 2017

Europe scoffs at Brexit plan

Germany’s Die Welt newspaper has accused Theresa May of “leading Great Britain into isolation” with her plan for a hard Brexit, as newspapers across continental Europe reacted very differently to those in the UK.  READ MORE: http://thewealthforums.com/2017/01/18/europe-scoffs-brexit-plan/

Saudis confident in face of shale

Saudi Arabia’s oil sheikhs insisted defiantly in Davos that they have defeated the challenge of the American shale industry and restored the balance to the global oil markets after two years of trauma and glut, the UK’s Daily Telegraph reports.  READ MORE: http://thewealthforums.com/2017/01/18/saudis-confident-face-fracking/

Italy’s problems spilling over

As a member of the eurozone, Italy’s banking crisis is not just an Italian problem. Uncertainty in the Italian market could lead risk-averse investors to stay away from Italian assets and thus the euro, impacting its value, according to an analysis by Business Insider.  READ MORE:http://thewealthforums.com/2017/01/18/italian-problem-spills

 

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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