The New Yorker (January 23)
For the 53 Republican senators, “membership in Trump’s party” is an “all-embracing and restrictive proposition.” Unlike royal membership, Trump’s team “tars reputations rather than enhances them.” Trump “never admits anything, demands total loyalty, and strikes out at anyone that transgresses these rules. As with the Windsors, you can’t be a half-in Trump Republican.”
Tags: Demands, Loyalty, Membership, Party, Republican, Reputations, Restrictive, Royal, Senators, Tars, Trump
The Economist (February 11)
“Leave campaigners promised voters that Brexit would save the taxpayer £350m ($440m) a week. That pledge was always tendentious. But officials in Brussels are drawing up a bill for departure that could mean Britain’s contributions remain close to its membership dues for several years after it leaves.” The final tab is estimated to be “anything between €24.5bn ($26.1bn) and €72.8bn.”
Institutional Investor (June 23)
“The referendum on U.K. membership in the European Union continues to dominate market risk narratives, with both equity futures and the pound sterling strengthening in early trading, suggestion a degree of confidence among investors that the nation will remain in the EU.”
Tags: Confidence, Equity futures, EU, Investors, Market risk, Membership, Referendum, Sterling, Trading, U.K.
Financial Times (April 3)
“The tide in the debate over the UK’s continued membership of the EU is turning against those campaigning to remain. This is not surprising, but the weakness of their arguments is puzzling.” Relying on scare tactics and narrow appeals to economic arguments misses the mark. “The main economic factors in favour of EU are not trade, but research, science and innovation policy.”
Tags: Debate, EU, Innovation, Membership, Remain, Research, Scare tactics. Economic factors, Science, Trade, UK
Bloomberg (June 29)
“Three years after Mario Draghi pledged to do whatever it took to save the euro, the mounting crisis in Greece is calling into question the integrity of the entire currency union.” Although Greece is minor in terms of economic output, “its exit would hurl the bloc into unknown territory by setting a precedent for other nations to reconsider their membership.”
Tags: Crisis, Currency union, euro, Exit, Greece, Mario Draghi, Membership
Wall Street Journal (March 21)
“The TPP will go ahead with or without Japan. For Tokyo, sitting on the sidelines would only serve to isolate the country at a time when it needs to open up. Japan would lose benefits as high as $295 billion by 2025.” Despite Prime Minister Abe’s recent moves, membership is hardly a done deal. “To secure his country’s future, Shinzo Abe will have to overcome entrenched interests at the party, state and international levels.”
Tags: Abe, Entrenched interests, Free trade, Isolation, Japan, Membership, TPP
Financial Times (January 9)Financial Times (January 9)
“The United Kingdom has long been a reluctant European. From the moment of accession to the then European Economic Community, four decades ago, its membership has been marked by misguided assumptions and missed opportunities.” A referendum should be held to let the people determine the UKs place in the EU. The Financial Times believes continuing membership “is central to the national interest. Our reasons go beyond a purely economic calculation of cost and benefit. They have to do with Britain’s place in the world. Membership gives the UK influence over the biggest global market. It helps to keep the US relationship special. It amplifies the UK’s sway in a world where economic power is shifting eastward.”
“The United Kingdom has long been a reluctant European. From the moment of accession to the then European Economic Community, four decades ago, its membership has been marked by misguided assumptions and missed opportunities.” A referendum should be held to let the people determine the UKs place in the EU. The Financial Times believes continuing membership “is central to the national interest. Our reasons go beyond a purely economic calculation of cost and benefit. They have to do with Britain’s place in the world. Membership gives the UK influence over the biggest global market. It helps to keep the US relationship special. It amplifies the UK’s sway in a world where economic power is shifting eastward.”
Tags: EEC, EU, Influence, Membership, Referendum, U.S., UK