Britain’s historic vote to leave the European Union sparked traders on Friday to scramble for dollars in an effort to buy U.S. bonds and to exit dollar-based bets based on U.K. voters favoring to stay in the bloc.
In less than half hour of opening, the FTSE 100 Index in London fell from 1.4 percent lower to about 8 percent down. The DAX Index in Germany also fell on opening by over 10 percent, but recovered somewhat to 8.5 percent lower over the next half hour, while the CAC 40 in France opened about 7.5 percent lower and fell further to about 8.5 percent lower in 30 minutes.
Put a poet there. A scientist. A musician with a social cause. A social worker. A teacher. A suffragette. An abolitionist. But, please, not a politician.
Senators on both sides of the aisle angle for currency protection as an amendment to Obama’s hardline free trade position on the Trans-Pacific Partnership.