Tag: European Union
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Don’t Let Overreaction To Brexit Drive You Into Panicky Investment Decisions
The British vote to leave the European Union – commonly referred to as the Brexit – seemed to catch much of the world by surprise, at least temporarily shook up the markets and left many people wondering whether they should act quickly to protect their investments. But puzzled American investors should wait to see how…
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As Cyprus Collapses, It’s a Race to the Mediterranean Gas Finish Line
Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout. On Wednesday, the Greek-Cypriot government voted against asking…