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UK economy on the downturn

With the pound plummeting to 1.22 against the dollar, serious questions are being raised about the long-term consequences of Brexit. The word has been tossed around for months now, but with the increasing probability that Theresa May and her Conservative Party colleagues will opt for a hard Brexit, the worst may be yet to come. May recently said: “I want it to give British companies the maximum freedom to trade with and operate in the Single Market, and let European businesses do the same here. But let me be clear: We are not leaving the European Union only to give up control of immigration again.” Similar speeches have given indications that immigration will be given a priority over free trade, which may result in Britain opting out of the single market.

Trump in troubletrump-in-trouble

All is not bad in the world of politics. For Trump sceptics, recent polls may come as a relief. Almost all polls show Clinton leading Trump, some with more than a 10% margin. After the leaked videotapes, Trump began the usual spree of bizarre blame-games, digging his own grave in the process, with more than ten women coming forward and accusing the Republican candidate of sexual harassment. All that’s left for Hillary to do now is cover the coffin.

Paralympians’ march in Trafalgar Square 

To celebrate their magnificent performance at the 2016 Rio Olympics, Great Britain’s Olympic and Paralympic stars paraded through Manchester. More than 150,000 spectators lined the parade route, despite the heavy rain. The procession started at the Museum of Science and Industry aolympic-paralympians-marchnd ended in Albert Square where 400 athletes gathered on stage. London had its own celebrations today at Trafalgar Square. It was a historic Olympics for the Paralympians, as they beat their previous performance with a grand total of 147 medals – 27 more than at the London Olympics.

Mexican Federal Judge, Vicente Antonio, killed

Vicente Antonio Bermudez Zacarias, the federal judge who presided over cases involving various drug lords, including ‘El Chapo’, was shot at close range while exercising outdoors. The bullet to his head proved fatal in what authorities say has been an unclaimed attack as of yet. In a meeting with an international gathering of judges in Mexico, President Enrique Peña Nieto expressed his grievance and instructed the Attorney General’s office to lead the investigation.

Author

  • Abhishek Parasrampuria

    Abhishek Parasrampuria graduated from LSE with a degree in Accounting and Finance in 2017 and currently works in the Corporate Finance department of BDO LLP.

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