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Theresa may is playing borris and co for fools and supreme court will sort this out , and she has a get out clause
Actually, I think the Brexit discussion has moved on. It is now if the UK has the guts to trigger article 50. Seems to be a lot of foot dragging going on... Clearly, they can bluff the UK people about the strength of the UKs negotiating position but EU are standing firm. Tusk is making it clear for the UK that they don't have the upper hand here! These guys in the EU are just waiting to play the UK like a fish on the hook! http://www.bbc.com/news/uk-politics-38148527
Brexit means brexit is my opinion!
123456, article 50 triggered by end of March is wishfull think on your part. You will of course be aware of the subtle shift in the language used by May wrt this deadline. I would be interested in your opinion regarding Mays most recent comment and the shift in her language!
Banca monte des peschi is up 18%!
But I expect to see this to hit lows again as article 50 Will be triggered soon , I do wish the would get on with it but I suppose it's too serious to trigger straight away .
Woint have to wait too long before rest follow suit uk banks also in red italian banks slight recovery today however i expect selloff to re commence soon.
Why should BoI be the only bank in Europe to price in Renzo loss?
SP Pricing in Renzi loss which if does indeed take place will easily drag down financials and our fkir sub 19c maybe slight lift tomorrow if uk bank tests not to negitive but any lift shortlived.
Also said banks will always make money as they are the biggest robbers in the country and he also said bank of Ireland will be a great hold for years down line !
Touching cloth again.....very close to sub .20c. Still say long term we'll be good.
Have to accept this is what brexiteers wanted , and it's just the way it is , will take till till 2018 in my opinion . It was David Cameroon fault , he ran an ofal campaign , and as my father says their always something! If it wasn't Brexit it would be something else !
Worst bank in Europe again!
The only way to make money in mutual funds is to use non trackers and the very best fund managers such as Nick Train, Woodford, etc This means using a framework like Old Mutual who have numerous external fund links. More expensive but the difference is phenomenal. In over 40 years of giving advice the only complaint I ever received over investment was using an Icelandic bank on the advice of an insurance company. Even then my client got all her money back.,
My wife had a chartered F A who seemed a nice enough fellow with the manner of a recycled accountant - her funds did not do any better than mine. Her best return was with the old Anglo Irish before it ran into the wall fortunately after paying her out. Legal & General wrote recently to advise that they had changed their name but not like Arthur Anderson or they had revised their investment strategy in any event they are of little interest to me since the bulk of my funds are now invested in property - which at the moment is on the rise around here with values up about 20% on last year. This may be a flash in the pan which hopefully will last until the spring when we plan to unload at least one property. Europe seems to be coming in for some criticism which it deserves, reform of the way that it oporates is necessary and in the current political climate it is becoming increasingly urgent. Amongst its current crop of politicians there does not seem to be the desire to build Europe and create opportunities for employment based on good research and development. The Social Economic model is being allowed to fester whilst the politicians complacently breeze around having meetings and clocking up their expenses in good restaurants and Bistro's. Whilst to a certain extent I can understand the caution of the Germans, who dislike inflation even more than they hate losing the money invested on behalf of the nations savers. There is no excuse for the profligate members and Ireland was one of those, who took the money on offer and burned it on pork barrel politics in the days of Ray Burke and Charley Haughey until wiser councils prevailed. They really must work on their economic model by introducing controls and properly maintained accounts, heaven knows Europe faces enough problems on the financial front before we even talk about the ethnic cleansing going on in the Middle East and the problems that come with all those poor refugee's which Turkey is proposing to make worse by exporting even more of them unless they are taken into the union. Boy if we are in trouble now that would put the tin hat on it....
Voted to Remain but have to accept was my own greed thought it was only Labour heart lands as Labour politicians have not being listening to voters for last15yrs Where I am based as lmmigrant I can say every Nationality under sun live here out but the voted out local vote results says so No expert ,my guess Immigrantion keeping down wages bearing in mind two bed house to rent £850 per month if you are lucky to get one where I am based Do not have answer People not happy ,legal Challenges there may be ,like recounts in America Trump will happen as will Brexit Europe elite have just gave there self pay rise Itialan crisis almost here hope the kick can if not god help us Shareholders GLA
totaly agree irish Politicians heaped eu banking debt on the shoulders of its citizens and told the public there was no other way when clearly they had options at the time i am also sure you are aware the uk borrowed billions to Ireland at a lower interest rate than their eu cousins so much for soladarity also the ECB Did indeed send a letter threatening to withdrawl funding to irish banks unless their conditions were followed to the letter no writdown of debt etc etc personally i doint believe the current eu system a just and fair one for all member states and if it is to survive there needs to be massive changes with more transparency and accountablity.
Ranger 4...you put this in such a simplistic and subservient manner...Ireland bit the bullet and took the measures needed (FOR WHOM??).....banks of course. The Irish people were forced by its own leadership to pay for the sins of toxic Irish banks leading to the wrack and ruin of many hard working individuals in Ireland and resulting in many hundreds of unnecessary suicides owing to the financial turmoil. As for your Punt-Sterling nonsense that is all it is. Europe has been brilliant for Ireland....I have been working in Belgium and France for many years and the standard of living is infinitely higher than what the UK or Ireland for the matter offers. The UK has never been a friend per se of Ireland..study your history a little closer (if you can read that is) .. The Italians prefer to treat their own people better then their Banks so what is wrong with that?? Idem for Iceland.... Paddy puts banks first and people second...
I think you should stop drinking the vino get your act together and hump it back to the UK fast, son.
Monte Pasch suspended this am. 8 banks could go down apparently if Renzi loses. Talk of an appointed do PM to replace him to struggle on to next election in 2018. They have tried this before! What a shambles. And yet more earth tremors this morning.
strings controlled by Bundestag they woint agree to ecb taking on npl ecb not an impartial organisation.
Ireland bit the bullet 7 years ago took the measures needed to sort banks and economy while the french-italian banks hid behind trichet muppet and draghi Makes me wonder would Ireland be in a better position if they go back to the punt -sterling peg and control of their own finances instead of bundestag-brussels circus lets face it the euro looks set to fragment and sooner rather than later.
Its teeth..buy a percentage of all non performing loans in eu banking sector..its like man utd buying pogba for 100 million .its nothing to man utd !
This place is really raising its ugly head. We are on the gravy train compared to these guys yet what happens there will be another pull back on the sp front. I expect Alitalia to go bust and the unions won't cede to massive redundancies .....the company is screwed and I think their Middle East investor sees the light. Italy is boil that needs to be lanced
On insurance I was A Chartered Financial,Planner andd Fellow of FPS somI did know a little of real world. Certainly it was sad when GA went. but there are still real insurance companies. On the life side Standard Life and Old Mutual. Legal & General,still good on both sides. For instance. Huge gambling industry in Italy. They take some of our,on line so could Germany. You do not mention UCITS3 as such. The big day is 8 th with Italian referendum. I do not like predictions as they are always wrong but it does not look good for Renzi. They have 1000 MPs who are on £100K minimum ALL have a car ministers have 2 paid for life even when they leave huge expenses. We heard yesterday of a coach trip where they avoided motorway toll as MPs on board. Huge waste and corruption. Court cases take years . BUT when we had a car accident repairs were quick much cheaper than UKmestimates invariably less.However, car and house insurance expensive. Earthquakes are sadly common because of the fault,lines.Webhave special earthquake insurance with Axa another reputable company also in UKS - French these days I think!.