Europe

Norway to reassess power cable to the UK over Brexit.

The Norwegian government has ordered a re-evaluation of a major project to transfer electricity to the United Kingdom amid growing uncertainties about Britain’s withdrawal from the European Union. Norway’s oil and energy ministry said in a statement on Thursday that there was a need for the privately-owned NorthConnect to reassess …

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Mass protest calls for Czech PM’s resignation

Tens of thousands of Czechs took to the streets on Tuesday, June 4, to demand the resignation of billionaire Prime Minister Andrej Babis over alleged conflicts of interest involving his former business empire and an investigation into a decade-old EU subsidy. Demonstrators filled the 700-meter-long rectangular Wenceslas Square in central …

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Theresa May to resign as UK Prime Minister

British Prime Minister Theresa May’s resignation is unlikely to end a tough run for the pound, which has fallen steadily this month as the risk of a damaging no-deal Brexit rises. The pound edged higher to almost $1.27 on Friday following May’s announcement that she’ll step down in June after …

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