Theresa May Resigns and Banks Have 25-40% Odds for a No-Deal Brexit

U.S. bank JPMorgan has raised its probability of a no-deal Brexit to 25%. They think the most likely scenario is Boris Johnson will become prime minister and then there will be a parliamentary election. They believe there is a 60% chance the departure date is delayed from Oct 31. BNP Paribas sees a 40% probability of a no-deal Brexit.

Brexit Party Could Win in UK Election and Trudeau Will Likely Lose in Canada

A new Opinium/Observer poll shows both major British parties have lost vote share: Labour has lost ground to the Lib Dems and Greens, while the Conservatives are losing ground to the Brexit Party who have reached 21%. The Brexit Party has taken a strong 13-point lead in the latest poll for the European Parliament elections. …

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Universal Basic Income Candidate Could Emerge From Crowded 2020 Field

Andrew Yang was an entrepreneur and is now running for the President of the USA for 2020 on the issues of Universal Basic Income. medicare for all and human-centered capitalism. He was CEO of a test prep company that reached $18 million in annual revenue and was then sold to Kaplan. Andrew was interviewed by …

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California Governor Newsom Wants to Complete High-Speed Rail From Merced to Bakersfield

Newsom said California will complete a 110-mile (177 km) high-speed rail link between Merced and Bakersfield. This would not meet the requirements of the original bond measure. California had originally planned to build a 520-mile system in the first phase that would allow trains to travel at speeds of up to 220 miles per hour …

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Taiwan’s Ruling DPP Will Continue Nuclear Phaseout Against the Will of the People

Taiwan’s Ministry of Economic Affairs (MOEA) made public a revised national energy policy to continue a nuclear energy phaseout despite a vote by the people of Taiwan to continue using nuclear power. The ruling Democratic Progressive Party (DPP) has determined that the No. 1 nuclear power plant will be decommissioned as scheduled, the service times …

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Venezuela National Guard and Low-Income Base Demonstrating Against Maduro

Forbes and other news sources are reporting that Venezuela’s National Guard and Maduro’s low-income base are involved in demonstrations against the current regime. The Miami Herald indicates there will be a large anti-government march. Jan. 23 marks the 61st anniversary of the military uprising that toppled dictator Gen. Marcos Pérez Jiménez. They hope that Wednesday’s …

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