Michael Bloomberg once said Brexit was “the stupidest thing any country has ever done”, until the U.S. “Trumped it”… The curious thing about outspoken doubters is not that they exist but that they have been so rare. Behind closed doors, the uncertain nature of the U.K.’s departure from the EU has been a source of rising concern in many boardrooms since voters opted to leave in the June 2016 referendum.
EU Businesses Cut U.K. Ties on Brexit and Want Britain Punished (Bloomberg)
Breaking from Bloomberg: Brexit’s Big Short: How Pollsters Helped Hedge Funds Make Millions off Pound’s Collapse
Most Read on the Bloomberg Terminal (Last 24 Hours):
Erdogan Triumph Takes Turkey Into the Era of One-Man Rule (Bloomberg)
London Courts This Week: Flanked by its Drivers, Uber Girds for Battle in London Courts (Bloomberg)
England’s performance in their 6-1 win over Panama has excited a nation. Harry Kane became only the third English player to score a World Cup hat-trick. England’s captain now has five goals in the World Cup, one more than Cristiano Ronaldo and Romelu Lukaku who both have four. Belgium is next on Thursday at 7pm (UK time).
Headlines from around the world.
The Guardian (UK): EU leaders’ migration summit offers lifeline to embattled Merkel
Bloomberg: China to Unleash $108 Billion in Reserves Cut for Most Banks
Japan Times: Japan considers crime prediction system using big data and AI
Korea Times: Korea to establish Korea Center in New York City
Financial Times: UK considers listing calories on restaurant menus
The Telegraph (UK): Back Heathrow plan to boost Brexit, Transport Secretary tells MPs
Best of late night.
From Real Time with Bill Maher on HBO:
On Melania Trump’s visit to a detention center on the U.S.-Mexico border:
“They had a camera in there and all you heard was ‘Please help. I want to go home’ and finally one of the kids said ‘Pull yourself together lady.’”
On President Trump and separating children from parents on the U.S.-Mexico border:
“This is the week that we found out that there is a place most Republicans will not follow this president: kidnapping children.”
“He is the guy that congratulates himself for saving the toddler in the pool that he pushed in.”