Back in the summer of 2005 the people of France gave a resounding Non in their referendum on the so-called European Constitution. Even though it had been crafted by the po-faced French political elite led by ex-President Giscard d'Estaing and a gang of senile Euromaniacs. A week or so later the great, sensible people of the Netherlands stuck their own two fingers up in the same direction. The EU elite dropped the project.
But within months they had drawn up a draft new treaty – which would effectively re-launch the European constitutional project by the back door. It was a treaty which would formalise the institutional arrangements of the European Union and the legal relationship between the EU and its member states. This was finally to become, in December 2007, the Treaty of Lisbon.
by Zak Mir | Trading| 1 mins. to read Following on from yesterday's look at Metal Tiger (LON:MTR), we have a company which has been helped by its association with it, Red Rock Resources (LON:RRR).
by Robert Stephens | Equities| 4 mins. to read For most investors, it's been a case of 'so far, so good' since the EU referendum. The only real impact of the result to leave the EU has been a weaker pound, which has benefited exporters and put pressure on importers.
by Zak Mir | Trading | 1 mins. to read Bizarre, is the best description of the offer made for Metal Tiger (LON:MTR) last week. But it may be that this now offers an opportunity to squeeze some bears.
by Filipe R Costa | Economics | 6 mins. to read During the painful periods of hyperinflation in the last century, there were a few episodes when governments decided to demonetise the economy and to reintroduce money in new forms in an attempt to contain the rampant price increases.
by Evil Knievil | Evil Diaries | 1 mins. to read Pantheon (LON:PANR) has slid on this morning's dampening news. Some will fancy buying right now. I do not.
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