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A Tale of Two Cities: Cronyism in Brexit Land

On the 25th of June 2018, Bloomberg News published an article which they dubbed “The Big Brexit Short”. In this article, journalists Cam Simpson, Gavin Finch, and Kit Chellel published the results of their investigation into the role private polling companies and hedge funds played in the Brexit referendum of the 23 of June 2016. Private polls, they found, correctly predicted the outcome of the referendum and were used by hedge funds to profit from the collapse of the British Pound.

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Another round of EU sanctions hit Russia

In response to the treatment of Russian opposition leader Alexei Navalny since his return to Russia, EU foreign ministers decided on Monday to impose a new set of sanctions on individuals in the country. The heads of state and government will likely agree in their next European Council meeting, and when they do, at least four more individuals will be hit by asset freezes and entry bans to the EU.

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Battle of the budget

The European Parliament and the Council have come to a provisional agreement on the conditionality of the distribution of funds based on the state of rule of law in Member States. Now if this sentence didn’t make any sense to you at all, that’s understandable. I threw some Brussels Bubble vocabulary in for you. But don’t be alarmed. I’m going to explain it as best I can…