Topic: Brexit
Premier talks Brexit, budget, beer in London
The Cayman Islands government may wish to pay off some of its $500 million in debts early, according to statements made during the week-long Joint Ministerial Council meeting in London.
Overseas territories ministers to gather in London for annual meeting
Ministers from the British Overseas Territories will gather in London next week to discuss Brexit, economic development and good governance at the annual Joint Ministerial Council meeting.
El-Erian: Markets send May a message on Brexit
Key U.K. financial assets experienced notable moves over the last 10 days. If Prime Minister Theresa May fails to heed these market signals, her government might have to contend with the premature return of one of the biggest challenges to economic policy making: stagflationary forces.
UK Overseas Territories Minister makes first trip to Cayman
U.K. Overseas Territories Minister, Baroness Joyce Anelay, made what is believed to be the first speech given by anyone in her position to the Cayman Islands Legislative Assembly on Tuesday morning, during a whirlwind tour of all three Cayman islands. The baroness visited the Sister Islands Monday, stating she could not have “chosen a more beautiful starting point” for her first trip to a British Overseas Territory.
EDITORIAL – Yet another Brussels blunder
From one financial services-dependent jurisdiction to another, we in the Cayman Islands can certainly commiserate with the frustration that people in Ireland may feel at the latest economic assault from Brussels.
Bloomberg: Moving UK, EU ever closer to Brexit
Nobody said quitting the European Union would be easy.
Pre-UK ministerial meeting wraps up in Turks and Caicos
Anticipated consequences of the U.K. ‘Brexit’ vote was the major topic of discussion this week as British Overseas Territories leaders gathered in the Turks and Caicos Islands.
Bloomberg: What Britain should ask for in Brexit negotiations
"Brexit Czar" David Davis needs to plan not just for the most mutually advantageous settlement, but also for what happens if the talks go badly.
EDITORIAL – PM Theresa May: There’s a new lady in charge
From the Cayman Islands to the United Kingdom, we extend a hearty congratulations to new U.K. Prime Minister Theresa May.
UK minister: Brexit does not change relationship with Cayman
The results of last month’s ‘Brexit’ vote in the United Kingdom will not alter the territorial relationship between Britain and Cayman, overseas territories Minister James Duddridge said this week.
Dixey: Brexit – ‘Keep Calm and Carry On’
It was not supposed to be this way. The script was for “Remain” to win with a narrow majority; the high “Leave” vote merely giving the European Union a bloody nose.
Krauthammer: Brexit – Sovereign Kingdom or little England?
Brexit was an assertion of national sovereignty and an attempt, in one fell swoop, to recover it. There is much to admire in that impulse. But at what cost?
EDITORIAL – Vote ‘yes’ for Brexit … Now what?
The people of the United Kingdom voted “Yes” to leave the European Union. But the more pressing question remains unanswered: Who will lead the U.K. out of the EU?
Have questions about Brexit? Government will seek answers
The Cayman Islands government will seek answers to residents’ questions regarding the pending departure of the United Kingdom from the European Union, officials announced Thursday.
Morici: Britain’s economy after Brexit
This is no time to sell the United Kingdom short.
Cayman, other territories to be briefed on Brexit
Representatives of British Overseas Territories were due to meet with U.K. foreign office representatives Thursday amid the fallout from the Brexit vote to discuss how the territories may be affected by upcoming changes.
Post: The Brexit antidote is a strong NATO
How much further the “special relationship” between the United States and Britain will be devalued will depend on what now looks like a very unpredictable course of events in London.
EDITORIAL – ‘Let’s vote on it …’ No, let’s not!
The Brexit decision should have been made by the U.K.’s elected representatives, not by individual voters in polling booths throughout the nation.
Tourism chiefs mindful of Brexit impact on economy
Government is monitoring the potential impacts of Britain’s decision to leave the European Union on the Cayman Islands’ tourism industry, Deputy Premier Moses Kirkconnell said Monday.
Brexit response not robust enough
The government must take this issue of the U.K.’s exit from the EU as a very serious matter ….
Cayman seeks opportunity in Brexit aftermath
Cayman Islands leaders are seeking silver linings amid global political and economic turmoil in the wake of Britain’s decision to leave the European Union.
UPDATE: Cameron to resign after Britain votes to leave EU
British voters have defied the will of their leaders, foreign allies, experts and much of the political establishment by opting to rupture this country's primary connection to Europe in a stunning result that will radiate vast economic, political and security uncertainty across the globe.
Cayman’s Brits tuned in to Brexit debate
As the United Kingdom goes to the polls Thursday to decide on whether it will stay in the European Union, many British residents in Cayman have already cast their postal votes and are waiting to see what the country decides.
Mody: Drop the ‘Brexit’ panic talk
The doomsday narrative of British Prime Minister David Cameron, the Bank of England and their official friends around the world is setting a course for a self-fulfilling financial panic.
Hammond: Even if Cameron wins the Brexit vote, he loses
Andrew Hammond
Nobody doubts that a vote to leave the EU on June 23 could bring enormous change in Britain’s relationship with Europe and its...
EDITORIAL – Appreciating our special relationship with the UK
While contemplating a sovereign Cayman Islands may lead to an ephemeral thrill of cultural pride, making a practical case for independence for Cayman is, in brief, impossible.
Crook: How the EU pushed Britain to leave
Project Fear was a potentially fatal mistake. The positive case for a British future in Europe needed to be made as well.
Morici: UK should vote to leave EU
The EU suffers from chronic slow growth thanks to a smothering bureaucracy and single currency that fits the needs of the continental economy like stilettos on a ballerina.
EDITORIAL – Exit or Brexit, UK must leave
We here in the Cayman Islands aren’t being given a say in whether the U.K. remains with or leaves the EU. We’ll offer our advice anyway: Get out. Get out now.
Will: The United Kingdom at the crossroads
Sixty-five years ago, what has become the European Union was an embryo conceived in fear. It has been stealthily advanced from an economic to a political project, and it remains enveloped in a watery utopianism even as it becomes more dystopian.
Bloomberg: UK can’t afford to quit EU
If it votes to leave the European Union in next month’s referendum, Britain will bear a substantial and lasting economic cost: That’s the conclusion of several authoritative new studies.
Bershidsky: EU could live without UK
There are two sides to any divorce, and the relatively passive partner – in this case the EU – must also consider the impact of losing Britain.
Champion: Obama is right: UK should stay in EU
U.K. voters need to hear what U.S. President Barack Obama has to say, because proponents of leaving the EU have already involved the U.S. in their campaign.
Report highlights market risks of Brexit
The Association for Financial Markets in Europe said the capital markets industry may relocate some activities if the U.K. votes to leave the European Union, in a referendum on June 23.
Crook: Obama’s Brexit ‘hypocrisy’
Obama might at least pay the Brits the courtesy of understanding their distinctively American ideas about sovereignty.
