The collapse in property values in London has created a crisis in property funds. M&G Investments blocked withdrawals from its UK property fund as it seeks to distance itself from the troubled manager. Back on June 3, 2019, the asset manager wrote to clients of the M&G UK Property fund to inform them it had placed a temporary restriction on customers from taking out their money for up to six months. Restrictions were also placed on certain withdrawals from the Prudential UK Property fund, which feeds into the M&G fund affected about 65% of customers in the fund. Both funds were only available for long-term institutional investors such as pension funds and the total under management was around £636m in assets while the Prudential Fund had about £50m.
The real estate funds are going to be the worst since they tend to be illiquid.
The Black Vests are rising up in France. This group is composed of undocumented Africans who are in France and demanding to stay. Hundreds of these undocumented migrants stormed the Panthéon in Paris and demanded the right to remain in France. They are primarily from West Africa and managed to get in pretending to be refugees from Syria. They call themselves the “black vests,” which is a reference to the yellow vest protest movement that spread through much of France earlier this year.
Boris Johnson has been elected as the new Prime Minister of Britain and he has promised to take Britain out of the European Union “come what may.” Jeremy Corbyn says Labour will table a motion of no confidence, designed to force Boris Johnson from office “at a time of (their) choosing,” adding “it will be an interesting surprise for all of you.” That is the main concern that if Labor gets a hold of the government, Britain will see a massive exit of capital and Corbyn will single handedly destroy the British economy, which has been the concern behind in the decline in the pound sterling.
Boris Johnson beat Jeremy Hunt in the battle for the leadership of Britain’s governing Conservative Party winning 66% of the vote. Although the Conservatives’ working majority in Parliament is very small, it appears to be enough to ensure that Mr. Johnson will succeed Mrs. May as prime minister and Labor will not be able to stop that at this point in time.
What is very interesting is that our computer gave us two targets — May and July 2019. Prime Minister Theresa May said she would step down as leader of the Conservative Party and then as prime minister after repeatedly failing to get her Brexit plan through Parliament on May 24th, 2019. The next target was July, and here we have Boris Johnson elected. Now we are looking at October and December going into year-end.
Something’s rotten in Denmark…or rather, in Greece. And they’re not the only ones facing problems – big debt problems! How does Europe’s Debt Crisis relate to the U.S. economy? What can we learn from their cautionary tale? Visit Greece, Brussels, California, and Washington, D.C. as we dig into Europe’s plight, and investigate if the United States can avoid making the same mistakes.
original source: https://youtu.be/T4fjSrVCDvA?t=2h20m3s Psychology Professor Dr. Jordan B. Peterson explains why the Future Authoring Program works better for men who are doing worse in society. Once a viable idea of a future is established, young men are much more motivated to carry more responsibilities which gives meaning to one’s life. Dr. Peterson’s new book is available for pre-order: 12 Rules for Life: An Antidote to Chaos: http://amzn.to/2yvJf9L
With a net outward migration, and plummeting birth rates, cities like New York, San Francisco, Seattle, Chicago, Los Angeles, Philadelphia and Washington D.C. — Democrat strongholds all — seem bound to damn the party to demographic doom. However, these urban strongholds do hold massive wealth to fund Progressive campaigns. Bill Whittle Now fosters civil dialogue on the crucial issues of the day by facing the best arguments of the opposition with time-tested principles, reasoned thought and powerful rhetoric. If you’d like to be a bigger part of a movement that aims for a happy republic, join the Members who make this possible at https://BillWhittle.com/register/
Although much of this is speculation at this time, news that the 25th movie in the James Bond franchise will feature a Black female 007, sparks exploration of the hero’s journey, feminism, Progressivism, and the marginalization of the modern man. Will this feminist innovation revive the series, or kill it? Right Angle — with Bill Whittle, Stephen Green and Scott Ott — comes to you free thanks to the people who pay for it through their Membership dollars. If you’d like to join the growing team of those who believe these conversations advance a happy civilization, visit https://BillWhittle.com/register/ There you’ll find a private conservative enclave with a Member-written blog and a vibrant community of liberty lovers who enjoy not only vigorous discussion of foundational principles, but vigorous laughter as well. We look forward to welcoming you to the movement.
Boris Johnson has succeeded in beating his nearest rival Jeremy Hunt for leadership of the conservative party in the U.K. thereby becoming the next Prime Minister. One of the priority challenges for Prime Minister Johnson will be navigating a successful Brexit.
A full three years after the British electorate voted to leave the European Union, the elites in Britain have continued to stymie the referendum in their effort to remain attached to the communal values of the collective society. Thus gave rapid rise, recently, to the Brexit Party as a national force led by Nigel Farage. It’s the UK version of ‘deplorables’ vs ‘elites’.
The British Parliament is filled with elected members who stand in opposition to the majority of the British citizenry. It is amid this professionally political and elitist disconnect that Boris Johnson must now attempt to deliver Brexit, while the purchased politicians of both institutional parties will oppose his effort. [Sound familiar?]
London (AFP) – Boris Johnson won the race to become Britain’s next prime minister on Tuesday, heading straight into a confrontation over Brexit with Brussels and parliament, as well as a tense diplomatic stand-off with Iran.
The former London mayor easily beat his rival, Foreign Secretary Jeremy Hunt, in a vote of grassroots members of the governing Conservative Party.
He is expected to be confirmed as prime minister on Wednesday when Theresa May formally tenders her resignation to Queen Elizabeth II.
US President Donald Trump was the first world leader to offer his congratulations, saying: “He will be great!”
It is a triumph for a man who has always coveted the premiership. But Johnson, known for his jokes and bluster, is taking over at a time of immense political upheaval.
Three years after the referendum vote to leave the European Union, Britain remains a member amid continued wrangling in a divided parliament on how to proceed.
– ‘We’ll get Brexit done’ –
Johnson led the referendum “Leave” campaign and — after May delayed Brexit twice — insists the latest deadline must be met, with or without a divorce agreement with the EU.
“We’re going to get Brexit done on October 31,” he declared in a speech to party members in London, after winning 66 percent of almost 140,000 votes cast. (read more)
Here is Johnson’s victory speech. [Prompted, just hit play]
When the boss corrects her misspelling, a young woman freaks, insisting she always spells hamster with a ‘p’. When the boss offers the dictionary, her subordinate calls her mother to press her case for a woman’s right to choose how to spell ‘hampster’. Outside of mental illness, how does one explain such phenomena? Stephen Green, Bill Whittle and Scott Ott have been talking about the news of the day, five times each week, for more than a decade thanks to a growing number of people like you who support these conversations — a total of 48 shows each month — at https://BillWhittle.com/register/
The French GAFA tax in an acronym for Google, Apple, Facebook and Amazon which the French government has just passed. They are imposing a 3% tax on all business in France. The US has promised retaliation. This is part of the entire problem the world faces with trade. A lot of people talk about trade wars, but they live in the past. There is something far more serious at stake and that is the digital world and how governments are hungry for taxes to the point that they are threatening the viability of the world economy going forward.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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