Brexit News Archive: 23 Jul 2019

IMF downgrades world growth, warns of 'precarious' 2020

Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a 2020, ...
No Author / Japan Times   |   Tue, 23 Jul 2019 20:39:17

Stocks rise on trade hopes, sterling slips on Brexit jitters

U.S. stocks added to their gains on Tuesday following news of potential progress in U.S.-China trade negotiations, while the pound fell after Brexit hard-liner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.
Reuters   |   Tue, 23 Jul 2019 20:27:11

How Brexit Under Boris Johnson Could Impact U.S. Businesses

NPR's Mary Louise Kelly speaks with Nicholas Bloom, an economics professor at Stanford University, about the economic impacts of Brexit and how they could also impact U.S. businesses.
NPR   |   Tue, 23 Jul 2019 20:05:25

The Brexit Nightmare

Boris Johnson is Prime Minister. The prognosis still looks bleak for Brexit. The post The Brexit Nightmare appeared first on The American Interest .

Boris Johnson: Dude or dud?

New Tory leader has a Brexit plan A and plan B. But there are doubts that he can deliver either of them.
Charlie Cooper, Annabelle Dickson, Emilio Casalicchio / Politico   |   Tue, 23 Jul 2019 19:08:41

Boris Johnson to Be Britain's Next Prime Minister

The Brexit campaigner will have just over three months to make good on his promise to lead the U.K. out of the European Union by Oct. 31.
JILL LAWLESS and DANICA KIRKA / The Associated Press / truthdig   |   Tue, 23 Jul 2019 18:32:13

Stocks rise on upbeat earnings, sterling drops on Brexit prospects

A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.
sellputs / Hedge Accordingly   |   Tue, 23 Jul 2019 18:29:38

Will Boris Johnson deliver Brexit?

His promise to deliver a no-deal Brexit on October 31 is popular among his supporters but worries his opponents.
Al Jazeera   |   Tue, 23 Jul 2019 18:18:04

World stocks rise on upbeat earnings, sterling drops on Brexit prospects

A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.
Reuters   |   Tue, 23 Jul 2019 18:12:23

Stocks rise on upbeat earnings, sterling drops on Brexit prospects

A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.
Reuters   |   Tue, 23 Jul 2019 17:52:53

Johnson poaches Sky executive to burnish business credentials

Boris Johnson has poached senior Sky boss Andrew Griffith as his business adviser in one of his first appointments before moving into Downing Street, tasked with repairing relations with the corporate sector ahead of Brexit.
Reuters   |   Tue, 23 Jul 2019 17:49:21

GBP/USD: Offered on Boris Johnson's appointment to UK PM and hard Brexit hysteria

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FX Street   |   Tue, 23 Jul 2019 17:30:32

Boris Johnson's 100-day Brexit deadline

Britain's new prime minister Boris Johnson has set himself a 100-day deadline to ach...
FT   |   Tue, 23 Jul 2019 17:14:03

Boris Johnson becomes PM: Live blog

Former London mayor and foreign secretary replaces Theresa May in the top job.
POLITICO / Politico   |   Tue, 23 Jul 2019 17:13:20

Britain's new leader Johnson - 'We are going to get Brexit done'

Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal by the end of October, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday.
Reuters   |   Tue, 23 Jul 2019 16:46:15

IMF lowers global growth forecasts amid trade, Brexit uncertainties

Economic data so far this year and softening inflation pointed to activity, the global lender said, with trade and technology tensions and mounting disinflationary pressures posing future risks.
Reuters / Financial Express   |   Tue, 23 Jul 2019 16:37:22

EU warns incoming British PM Johnson it won't change Brexit terms

The European Union congratulated incoming British Prime Minister Boris Johnson on Tuesday but warned of "challenging times ahead" and ruled out heeding his election pledge to renegotiate Brexit.
Reuters   |   Tue, 23 Jul 2019 16:32:38

Britain's Next Prime Minister: Boris Johnson Will Start Breaking Promises Tomorrow

After winning the Tory leadership contest this week, Boris Johnson is to become Britain's next prime minister. He will have to show quickly that he can lead as well as he can seduce, and whether he will deliver Brexit or if it will be his undoing.
Spiegel   |   Tue, 23 Jul 2019 15:45:47

Johnson appoints business guru to mend Brexit fences

Boris Johnson has secured the services of a senior business adviser in one of his first appointments before taking the reins as prime minister.
Sky   |   Tue, 23 Jul 2019 15:38:00

Britain's new leader Johnson says - 'We are going to get Brexit done'

Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal by the end of October, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday.
Reuters   |   Tue, 23 Jul 2019 15:37:02

Brexit: UK business urges incoming PM Boris Johnson to get a deal

The British Chambers of Commerce, which also represents thousands of firms, urged Johnson to spell out how he would avoid a chaotic no-deal Brexit.
AFP / Financial Express   |   Tue, 23 Jul 2019 15:36:37

Stocks rise on earnings; sterling falls

A host of upbeat earnings pushed U.S. stocks higher on Tuesday and world stocks rose in anticipation of central bank easing, while pound sterling fell on the expected confirmation of hard-Brexit advocate Boris Johnson as Britain's next prime minister.
sellputs / Hedge Accordingly   |   Tue, 23 Jul 2019 15:29:13

Boris Johnson news - live: New PM labelled 'racist liar' amid criticism at home, while Trump offers congratulations from US

Follow live updates from Westminster
Ashley Cowburn, Samuel Osborne, Benjamin Kentish / The Independent   |   Tue, 23 Jul 2019 15:20:00

Stocks rise on earnings; sterling falls

A host of upbeat earnings pushed U.S. stocks higher on Tuesday and world stocks rose in anticipation of central bank easing, while pound sterling fell on the expected confirmation of hard-Brexit advocate Boris Johnson as Britain's next prime minister.
Reuters   |   Tue, 23 Jul 2019 15:17:37

Boris Johnson hires Sky's Griffith as business adviser

New Conservative leader acts to improve ties with business amid no-deal Brexit concerns
FT   |   Tue, 23 Jul 2019 15:06:36

EU, UK officials issue cautious congratulations to Boris Johnson

Messages to the new British PM stress opposition to no-deal Brexit.
Emilio Casalicchio, Maïa de La Baume / Politico   |   Tue, 23 Jul 2019 14:59:39

Sterling settles below $1.25 as Johnson wins race to be PM

Sterling, already trading near its lowest in two years, was little moved on Tuesday after Boris Johnson won the contest to be Britain's new prime minister, as investors worried whether he would lead Britain towards a no-deal Brexit.
Reuters   |   Tue, 23 Jul 2019 14:52:22

France's Macron congratulates Boris Johnson, as ex-minister warns "EU not for turning"

French President Emmanuel Macron and future head of the European Commission Ursula von der Leyen both congratulated Boris Johnson on becoming Britain's next prime minister, although a key Macron ally warned Johnson that the EU would not budge on Brexit.
Reuters   |   Tue, 23 Jul 2019 14:40:11

UK's Incoming Prime Minister Boris Johnson Vows To Energize The Country

Boris Johnson won the Conservative Party leadership race on Tuesday and will replace Theresa May as UK's next prime minister. During his victory speech at the Westminster London on Tuesday, the former U.K foreign minister and mayor of London who is also a vocal supporter of the Brexit movement, said ...
IBTimes   |   Tue, 23 Jul 2019 14:34:53

Sabine Weyand sets out Brussels vision on trade

Former deputy Brexit negotiator says 'assertiveness is name of game' in EU-US relations
FT   |   Tue, 23 Jul 2019 14:26:30

Factbox: Boris Johnson's overflowing inbox - Five urgent tasks for Britain's new leader

Britain's incoming prime minister Boris Johnson faces an overflowing inbox when he takes office on Wednesday: delivering Brexit, building a relationship with Donald Trump, deciding what to do about Iran -- and governing without a majority in parliament.
Reuters   |   Tue, 23 Jul 2019 14:17:53

Boris Johnson to use 'personal' Modi connect for 'new and improved' India-UK ties

In keeping with his firm pro-Brexit stance and determination to leave the European Union (EU) by the October 31 deadline, the senior Tory MP branded it a that the 28-member economic bloc had failed to treat free trade agreement (FTA) talks with India as a priority for over a decade.
PTI / Financial Express   |   Tue, 23 Jul 2019 14:02:03

Johnson faces formidable challenge after taking reins

New Conservative leader hopes to galvanise party and unite country scarred by Brexit
FT   |   Tue, 23 Jul 2019 13:59:58

Britain's two-faced foreign policy

UK has had to ask EU for help over Iran tanker seizure, but threatens no-deal Brexit
FT   |   Tue, 23 Jul 2019 13:57:26

UK: Another Brexit extension is still the most likely outcome - Nordea Markets

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FX Street   |   Tue, 23 Jul 2019 13:50:08

Brexit means Bank of England must be 'fleet of foot' - Haldane

Bank of England Chief Economist Andy Haldane said the central bank would need to be flexible and quick to respond to whatever impact Brexit has on Britain's economy.
Reuters   |   Tue, 23 Jul 2019 13:49:49

Business leaders and unions urge Johnson to avoid no-deal Brexit

CBI says new Tory leader must secure an agreement in his first 100 days as prime minister Business leaders and trade unions greeted Boris Johnson's election as Tory leader by urging him to avoid a disastrous no-deal Brexit. The Confederation of British Industry (CBI), Britain's biggest business group, said he ...
Sean Farrell / Guardian   |   Tue, 23 Jul 2019 13:35:54

Boris Johnson: New Tory leader under pressure to set out Brexit plan to MPs this week

Ex-cabinet minister Justine Greening warns: 'For most PMs, it's the first 100 days that count. For Boris it's the first 100 hours.'
Andrew Woodcock / The Independent   |   Tue, 23 Jul 2019 13:35:00

The economics of Boris Johnson

Brexit holds the key to the new PM's tax and spending plans
FT   |   Tue, 23 Jul 2019 13:30:35

Carmakers race higher, Johnson jitters for sterling

A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain's new prime minister.
Reuters   |   Tue, 23 Jul 2019 13:20:34

EU leaders pledge to work with Boris Johnson

French president Emmanuel Macron 'very keen' to work on both Brexit and Iran
FT   |   Tue, 23 Jul 2019 13:16:23

Trump Congratulates Boris Johnson On Becoming UK Prime Minister

President Trump wasted no time in congratulating Boris Johnson, the populist who prefers a no-deal Brexit from the European Union,...
Nicole Lafond / TPM   |   Tue, 23 Jul 2019 13:08:44

No-deal Brexit poses threat to world economy, IMF warns

Worst global growth in a decade as tariffs and political tensions weigh on sentiment
FT   |   Tue, 23 Jul 2019 13:04:12

Boris Johnson elected next UK prime minister

Famboyant pro-Brexit politician Boris Johnson was chosen as the leader of the ruling Conservative Party on Tuesday, and will become prime minister on Wednesday.
MSNBC   |   Tue, 23 Jul 2019 13:01:07

Donald Trump's trade war hurting China more than US, says IMF

Brexit uncertainty and impact of Iran sanctions also likely to slow world growth, says Fund Donald Trump's claim that his protectionist measures are hurting China more than the US has received support from the International Monetary Fund in new forecasts showing how a fresh slowdown in the global economy has ...
Larry Elliott Economics editor / Guardian   |   Tue, 23 Jul 2019 13:00:44

Sterling claws back losses as Boris Johnson wins leadership

The British pound trimmed its losses Tuesday on the news that Brexiteer Boris Johnson triumphed in the race to become the nation's next prime minister. Former London Mayor and front-runner
AFP / Al Arabiya   |   Tue, 23 Jul 2019 12:56:47

Goldman Sachs raises "no deal" Brexit chances after Johnson election

Goldman Sachs on Tuesday raised its estimate of the likelihood Britain leaves the European Union without a deal to 20% from 15%, saying the "hurdle" to stop a hard Brexit will be higher following the election of Boris Johnson as Prime Minister.
Reuters   |   Tue, 23 Jul 2019 12:35:53

Boris Johnson wins UK PM race: World reacts

US President Donald Trump says Johnson 'will be great', as EU negotiator Barnier says ready to work for orderly Brexit.
Al Jazeera   |   Tue, 23 Jul 2019 12:24:32

Sterling prepares for rocky ride as Johnson wins race to be PM

Sterling, already trading near its lowest in two years, was little moved on Tuesday after Boris Johnson won the contest to be Britain's new prime minister, as investors worried whether he would lead Britain towards a no-deal Brexit.
Reuters   |   Tue, 23 Jul 2019 12:22:52

UK factories facing biggest slowdown since financial crisis, says CBI

Brexit fears and slow global growth have hit output in manufacturing sector A double whammy of Brexit uncertainty and a slowdown in global trade has seen order books in Britain's factories shrink at their fastest pace since the financial crisis, the CBI has said. Urging the new prime minister, confirmed ...
Larry Elliott and Kalyeena Makortoff / Guardian   |   Tue, 23 Jul 2019 12:20:56

Who is Boris Johnson? UK's next Prime Minister who claims to be 'son-in-law of India'

Boris Johnson profile: The 55-year old played a decisive role in the 2016 Brexit referendum and is quite popular among the activists.
Abhimanyu Kulkarni / Financial Express   |   Tue, 23 Jul 2019 12:17:49

Brexit: Goldman Sachs revises odds on "no-deal" to 20% from 15%

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FX Street   |   Tue, 23 Jul 2019 12:15:29

Boris Johnson wins race to become UK's next prime minister

Brexit hardliner Boris Johnson won the contest to lead Britain's governing Conservative Party on July 23 and will become the country's next prime minister, tasked with fulfilling his promise to lead the U.K. out of the European Union.
Hurriyet   |   Tue, 23 Jul 2019 12:12:15

Brexit Party on Boris's Case Already

The Brexit Party certainly aren't planning to give Boris an easy ride, Nigel Farage and Richard Tice have already put out a statement warning that they will hold his feet to the fire on delivering Brexit by October 31st: Farage: "I wish Boris Johnson well as Prime Minister with his ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 23 Jul 2019 12:03:39

EU tells incoming PM Johnson it won't change Brexit terms

The European Union on Tuesday congratulated incoming British Prime Minister Boris Johnson but was firm that it would not heed his election promises of renegotiating Brexit.
Reuters   |   Tue, 23 Jul 2019 12:00:58

Boris Johnson to be Britain's next prime minister

Johnson, the face of the 2016 Brexit referendum, won 92,153 votes by members of the Conservative Party. His rival, Foreign Secretary Jeremy Hunt, won 46,656 votes.
Reuters / Financial Express   |   Tue, 23 Jul 2019 12:00:02

New PM Johnson increases the chance of no-deal Brexit - Moody's

Britain is more likely to leave the European Union without a deal after Boris Johnson was chosen to succeed British Prime Minister Theresa May on Tuesday, credit ratings agency Moody's said.
Reuters   |   Tue, 23 Jul 2019 11:57:27

Instant view: Brexiteer Johnson to be Britain's prime minister

Boris Johnson was elected as leader of Britain's governing Conservative Party and the next prime minister on Tuesday, tasked with following through on his "do or die" pledge to deliver Brexit in just over three months time.
Reuters   |   Tue, 23 Jul 2019 11:56:21

Johnson wins contest to become UK's next prime minister

Eurosceptic former minister faces huge challenge to unite his party and deliver Brexit
FT   |   Tue, 23 Jul 2019 11:51:26

What a 'No-Deal Brexit' Means and Why It's a Risk Again

The threat of a no-deal Brexit is back, and companies on both sides of the English Channel are gearing up once again for the scenario they consider the worst case. Incoming Prime Minister Boris Johnson has vowed to lead the country out of the European Union on Oct. 31, whether ...
Washington Post   |   Tue, 23 Jul 2019 11:44:03

Johnson pledges to get Brexit done on October 31 after winning race to be PM

Boris Johnson promised to deliver Brexit on Oct. 31 after he was chosen by UK Conservative Party members to succeed Theresa May as Britain's prime minister on Tuesday.
Reuters   |   Tue, 23 Jul 2019 11:43:32

Could the pound crash to $1? A 'Boris Brexit' might make it happen

Could the value of the pound drop to just one US dollar?
CNN   |   Tue, 23 Jul 2019 11:40:11

No-deal Brexit would be tragedy, EU will stick to agreement - Timmermans

A no-deal Brexit would be a tragedy for both the EU and Britain but the bloc will stick to its withdrawal agreement with London, a deputy head of the European Commission said on Tuesday.
Reuters   |   Tue, 23 Jul 2019 11:37:07

From Brexit to Iran tension, myriad challenges await Boris Johnson

Boris Johnson won the race to become Britain's next prime minister on Tuesday, but will soon face a confrontation over Brexit with Brussels and members ...
Alice Ritchie and James Pheby / Japan Times   |   Tue, 23 Jul 2019 11:36:38

What do British voters think of their new prime minister?

Here's why the new Brexit Party may be a threat.
Harold Clarke / Washington Post   |   Tue, 23 Jul 2019 11:33:52

Leading Brexiteer will take over from outgoing PM Theresa May

Hardline Brexiteer Boris Johnson has won the UK's Conservative Party leadership contest and will take over from outgoing Prime Minister Theresa May when she steps down on Wednesday.
CNN   |   Tue, 23 Jul 2019 11:33:31

UK sells 10-year debt at close to lowest yield on record

Gilt auction garnered strong demand amid growing concern of potential for no-deal Brexit
FT   |   Tue, 23 Jul 2019 11:32:38

What is Boris Johnson's Brexit plan?

Reality Check looks at the Brexit plan of the new prime minister.
BBC   |   Tue, 23 Jul 2019 11:32:25

Boris Johnson: 'Dude! We are going to energise the country'

New Conservative leader Boris Johnson says he has three priorities, to deliver Brexit, unite the county and defeat Jeremy Corbyn.
BBC   |   Tue, 23 Jul 2019 11:30:52

EU's Barnier: "We look forward to working constructively with PM Johnson" on Brexit

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FX Street   |   Tue, 23 Jul 2019 11:28:23

Highlights: Boris Johnson promises to get Brexit done on Oct. 31

Boris Johnson said he would get Brexit done by the Oct. 31 deadline and unite Britain after he won the race to become the country's next prime minister on Tuesday.
Reuters   |   Tue, 23 Jul 2019 11:27:10

Barnier says EU ready to work with Johnson for orderly Brexit

The European Union's Brexit negotiator Michel Barnier said on Tuesday the bloc was ready to work with incoming British Prime Minister Boris Johnson for an orderly Brexit.
Reuters   |   Tue, 23 Jul 2019 11:24:27

Tough Day for the Boris-Hating Punditocracy

Today is a tough day for journalists and columnists who will never be as successful as Boris, particularly the ones that wrote him off. Incredible to think of Gove's rear view mirror in last 7 days: instrumental in #Brexit, ending Cameron's career and now finishing Boris's. - Tom Newton Dunn ...
order-order / Guy Fawkes' blog   |   Tue, 23 Jul 2019 11:15:26

Boris Johnson has 100 days to deliver on Brexit pledge

Opponents of UK's next PM believe his hardline rhetoric on EU withdrawal restricts his options
FT   |   Tue, 23 Jul 2019 11:12:33

Brexiteer Boris Johnson to be Britain's next prime minister

Boris Johnson, the ebullient Brexiteer who has promised to lead Britain out of the European Union with or without a deal by Halloween, will replace Theresa May as prime minister after winning the leadership of the Conservative Party on Tuesday.
Reuters   |   Tue, 23 Jul 2019 11:12:08

Boris Johnson: Key dates for the new UK prime minister

What happens between now and the October 31 Brexit deadline
FT   |   Tue, 23 Jul 2019 11:11:26

Boris Johnson wins race to be next UK prime minister

Johnson vows to 'get Brexit done' with or without a deal after winning Conservative Party leadership contest.
Al Jazeera   |   Tue, 23 Jul 2019 11:08:18

Boris Johnson will become next UK PM after beating Jeremy Hunt in Tory leadership race

Boris Johnson vowed on Tuesday to “get Brexit done” by the twice-delayed October 31 deadline, after defeating Foreign Secretary Jeremy Hunt in the race to become next British going to get Brexit done on October 31,” Johnson said moments after being declared the winner of the Conservative party leadership race.Johnson ...
Agencies / South China Morning Post   |   Tue, 23 Jul 2019 11:06:36